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Don’t expect to see FanDuel go after partnerships with colleges as long as Amy Howe leads the US sports betting giant. That was one of the points the company’s CEO brought up Wednesday during a wide-ranging keynote conversation at SBC Summit North America in Secaucus, NJ. FanDuel CEO Amy Howe (left) sits on stage with CNBC’s Contessa Brewer during a keynote session of the SBC Summit North America at Secaucus, NJ. Howe claimed 25% of sports bettors who wager with an offshore operator never get their winnings. (Image< Casino.org) Howe, who was interviewed by CNBC Reporter/Anchor Contessa Brewer, touched on several key topics during her 40-minute segment, including the economic …

UK bookmaker Coral is refusing to pay out on a 40/1 English Premier League (EPL) parlay bet. That’s because it says the wager was a “mistake” that should not have been offered in the first place. Phil Worthingon, pictured above, with his betting slip. According to the UK Gambling Commission, a betting slip is a “legally enforceable contract.” (Image: Chronicle Live) Retired electrician Phil Worthington, 72, told The Manchester Evening News he placed £25 on Manchester City, Liverpool, and Chelsea to finish in the top three, and Norwich, Burnley, and Watford to be relegated from the EPL last season. Worthington was elated when the 40/1 bet came in, expecting a …

Hall of Fame thoroughbred trainer Bob Baffert is set to return to racing this weekend after having served his 90-day suspension. Trainer Bob Baffert, shown here at Churchill Downs in Louisville, Ky., will return to racing this weekend for the first time since his 90-day suspension ended earlier this month. The hall of fame trainer is set to field four horses in two races Saturday at Los Alamitos Race Course in Southern California. (Image: NBC News) Baffert, who was suspended by Kentucky Horse Racing Commission stewards as a result of Medina Spirit failing a drug test after the 2021 Kentucky Derby, entered four horses for Saturday’s races at Los Alamitos …

BetMakers has received the rights to offer Penn National Gaming’s racing content to international markets for fixed odds and exchange wagering. A horse race takes place at Penn National Race Course in Grantville, Penn., near Harrisburg. Penn National Gaming and BetMakers announced a partnership late last week, with BetMakers offering Penn’s racing meets to international markets for fixed-odds wagering. (Image: Penn National Race Course/Facebook) In a Thursday release, the Australian-based gaming technology company said the races will be part of its Global Racing Network (GRN). That network will not offer Penn’s races in the US or Canadian markets. The two companies have entered into a revenue-sharing agreement, with Penn guaranteed …

On Thursday, the San Francisco Bay Conservation and Development Commission voted to alter the classification of a terminal at the Port of Oakland. That potentially deals a blow to Las Vegas’s hopes of being the next home of the Oakland Athletics. Oakland Coliseum, home of the Oakland A’s. It’s possible the team remains in that city rather than moving to Las Vegas. (Image: KQED) The 23-2 vote by the commission changes the designation of a 56-acre terminal at the Port of Oakland to “mixed use,” which could set the stage for construction of a new stadium that would keep the Major League Baseball (MLB) team in its home city of …

UPDATE (6/29 5 pm ET ) – Updated story to include California labor and civil rights leader Dolores Huerta announcing her support for the tribal-backed sports betting measure. Get ready, California. Because the great debate over sports betting and who should control it – tribal gaming entities or online operators – is just getting started. Screenshots from two commercials regarding the constitutional amendment to legalize online sports betting in California. It’s one of two sports betting measures that will go before voters there on Nov. 8, and more ads for – and against – both measures will continue to be released in the weeks ahead. (Image: Californians for Tribal Sovereignty …

The Nevada Gaming Commission on Thursday fined Station Casinos $80,000 for accepting bets on sporting events when the outcome was already determined. An image of the Red Rock Resort, Casino, and Spa, a Station Casinos-owned off-Strip resort in Las Vegas. On Thursday, the Nevada Gaming Commission approved an $80,000 fine against the company for accepting wagers on sporting events that were already completed. (Image: Station Casinos) Last September, the Nevada Gaming Control Board (NGCB) filed a complaint against the Las Vegas-based gaming company. That came after Station self-reported a server malfunction that led to its mobile sports betting application taking 167 bets on previously completed events. That was in addition …

The recently signed Kansas sports betting legislation goes into effect on July 1, potentially positioning the state to be ready for the start of the 2022 NFL season. Kansas Gov. Laura Kelly on the 2018 campaign trail. She says sports betting in the state isn’t likely to lure the NFL’s Chiefs. (Image: CNN) Speaking of the NFL, Gov. Laura Kelly (D-KS) says Kansans should not bet on revenue from regulated sports wagering being enough to lure the Kansas City Chiefs from neighboring Missouri. Under the terms of the bill, 80% of state-earned revenue from regulated sports wagering will be funneled to the Kansas Department of Commerce fund. Those proceeds could …

Australian-based PointsBet announced on Monday (Sunday night US time) that it received a substantial investment from a division of Susquehanna International Group (SIG) of Companies that will make the US company the largest shareholder in the sportsbook. A PointsBet sign at the PointsBet Sports Bar, located at the Little Caesars Arena in Detroit. On Sunday night (US time), PointsBet announced SIG Sports Investments, a division of Susquehanna International Group, would acquire a nearly 13% stake in the sports betting operator, making it the largest shareholder in the company. (Image: PointsBet Sports Bar) The AUD 94.2 million (USD 65.5 million) deal gives SIG Sports Investments Corporation (SIG Sports) nearly 38.8 million …

The Maryland sports betting agency assigned with deciding how to issue mobile licenses has responded to Governor Larry Hogan’s (R) demands. Hogan had asked that the regulators do everything in their power to assure that online wagering is up and running in time for the NFL regular season start on September 8. A sign welcomes motorists to Maryland. Governor Larry Hogan wants online sports betting live before the NFL season begins in September. Still, the sports betting commission overseeing the expanded gaming says more time is needed before such permits can be granted. (Image: Shutterstock) Hogan wrote the Maryland Sports Wagering Application Review Commission (SWARC) this week, ordering the regulators …