The federal D.C. Court of Appeals just ruled that the Seminole Tribe has a monopoly on internet sports betting in Florida. The legal gambling world is abuzz about whether this means every tribe in America can now operate online sports books and take bets from...
Gray markets have become big business. The American Gaming Association estimates Americans bet $511 billion with illegal and unregulated operators, costing legal sites $44.2 billion in gross gaming revenue and states $13.3 billion in taxes. American regulators...
“The French don’t care what they do, actually, as long as they pronounce it properly.” – My Fair Lady An online sportsbook can report taking millions of dollars in bets from gray and black markets, as long as the numbers they report are accurate. This is the...
On Saturday, Macau awarded “provisional licenses” to the six current casino operators. These will allow them to continue to operate until they are awarded their official concessions in January. No surprise there. In fact, the biggest surprise is that another...
Some of the richest, most powerful political players in the world of legal gambling just spent the most money ever on ballot propositions, nearly half a billion dollars, and won… nothing. Well, not exactly nothing. It’s important to not only see what proponents...
The extremely rich and politically powerful gaming tribes in California are spending nearly half a billion dollars this year to win the right to have sports betting. Or, I should say, they are throwing away their money on a fatally flawed initiative, which the voters...
