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Chinese police in the eastern city of Wenzhou say they have disrupted a syndicate that illegally capitalized on an online sports book “loophole” to cash in the equivalent of around US $4.6 million. Two Chinese police officers stand guard in Beijing in an image taken in 2009. Their colleagues in Wenzhou have disrupted a gambling …

The amended Florida gaming compact with the Seminole Tribe of Florida that the federal government deemed as approved earlier this year does not violate the Indian Gaming Regulatory Act (IGRA). That’s even though officials with the Interior Department conceded that federal law states that the location of a wager is based on where the bettor …

The New York State Gaming Commission unanimously approved sports betting licenses to eight platform providers during its meeting Monday afternoon. The awards mean nine operators will be allowed to offer mobile wagering. The Empire State Building in New York City. On Monday, the New York State Gaming Commission voted to issue licenses to platform providers …

America’s newest sportsbook launched on Wednesday, as online streaming service fuboTV went live with its app in Iowa. Fubo Sportsbook, a product of sports-centric streaming television provider fuboTV, went live Tuesday with Iowa as its first market. The sports betting app is the first to sync a mobile app with an online streaming service. Company …

New Jersey college sports betting involving state schools or taking place within the state’s boundaries will remain prohibited. New Jersey Gov. Phil Murphy (right) debates his gubernatorial Republican challenger Jack Ciattarelli last month. Their race remains undecided the morning after Election Day. But a sports betting referendum in the Garden State was rejected. (Image: AP) …

The battle lines for California sports betting were officially – and firmly – drawn on Friday. That’s when two Native American groups announced a new coalition to oppose two measures being proposed by commercial gaming in the state. Trilogy Group Founding Partner and CEO Valerie Spicer (far left) moderates an Oct. 4 panel discussion at …

There’s already one California sports betting initiative that’s been approved for the 2022 ballot, and now a group of Golden State cities is pushing for another. Players gather at the Kings Card Club in Stockton, Calif. Last week, officials from three California cities submitted a proposed sports betting referendum to the state attorney general’s office. …

The 2020 Olympics, contested a year late in 2021 because of COVID-19, are finally over.  Allyson Felix celebrates after winning bronze in the women’s 400-meter final on August 6, 2021. One major sportsbook said women’s sports during the 2020 Olympics garnered more betting action in the US than men’s competitions. (Image: Getty) One leading US …

DraftKings (NASDAQ:DKNG) again increased its full-year revenue outlook today following a strong set of second-quarter results, which the company delivered earlier. DraftKings CEO Jason Robins in a CNBC interview earlier today. The company again raised 2021 revenue guidance (Image: CNBC) The sportsbook operator now expects 2021 sales of $1.21 billion to $1.29 billion, up from …

The Barstool Fund is here to stay.  Kenney’s Irish Pub in Michigan expresses its thanks to the Barstool Fund and founder Dave Portnoy last year. Portnoy revealed this week that the charity is now a permanent resource for businesses enduring hardship. (Image: FOX 2 Detroit) Barstool Sports founder Dave Portnoy says his nonprofit, formed last …