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Massachusetts Sports Betting Opponent Claims Gaming ‘Institutionalized Racism’

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Massachusetts lawmakers are hearing arguments this week on whether to legalize sports betting. But one critic of the further expansion of gambling says it unjustly targets minorities. Stop Predatory Gambling National Director Les Bernal on a Zoom call with the Massachusetts Joint Committee on Economic Development and Emerging Technologies. Bernal is advocating that state lawmakers

Gaming Wins Down at Arkansas Casinos Overall  

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Saracen Casino Resort is the only casino in Arkansas that had better results at its sportsbook in May than the previous month. Overall, the casinos made a profit in May, but less than in April. An employee at the Southland Casino Racing sportsbook, right, hands over a betting ticket at the ticket window. Southland’s sportsbook

BetMakers Stock Halted in Sydney Pending ‘Material Acquisition’ Announcement

betmakers-stock-halted-in-sydney-pending-‘material-acquisition’-announcement

BetMakers Technology Group (ASX:BET) stock was halted today by the Australian Stock Exchange (ASX). It came at the request of the sportsbook operator pending the announcement of a “material acquisition.” BetMakers adviser Matthew Tripp. The gaming company halted its stock in Sydney pending a deal announcement. (Image: The Australian) In a statement revealing the halt,

DraftKings Defended by Analysts, Wood’s ARK Invest Following Hindenburg Short Report

draftkings-defended-by-analysts,-wood’s-ark-invest-following-hindenburg-short-report

A day after slumping following publication of a bearish report by Hindenburg Research, DraftKings stock (NASDAQ:DKNG) is rebounding modestly Wednesday. Several analysts are defending the sportsbook operator, along with the support of a well-known investor. ARK Investor founder Cathie Wood, seen above. Her firm bought more DraftKings stock following release of a bearish research report.

YouTube Bans Gambling and Sports Betting Ads From Coveted Masthead

youtube-bans-gambling-and-sports-betting-ads-from-coveted-masthead

YouTube announced this week that it is no longer accepting advertisements for its website’s homepage masthead from companies marketing gambling.  A Ford advertisement on the YouTube masthead. The video-sharing site is no longer allowing marketing spots from sportsbooks and companies highlighting gambling products. (Image: MarTech) YouTube’s masthead ads are the commercial spots site users see

DraftKings Slumps as Hindenburg Research Alleges SBTech Ties to Illegal Gambling, Organized Crime

draftkings-slumps-as-hindenburg-research-alleges-sbtech-ties-to-illegal-gambling,-organized-crime

Shares of DraftKings (NASDAQ:DKNG) are sliding Tuesday after noted short-selling activist Hindenburg Research published a lengthy report. The report alleges the gaming company’s SBTech unit operates in jurisdictions where sports betting is illegal, and may have connections to money laundering and organized crime. Hindenburg Research founder Nathan Anderson, seen above. A new report from his

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