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Financial markets analyst Meredith Whitney is no fan of the vast spread of legal sports betting. She made her position known during an appearance this week on CNBC. Meredith Whitney thinks online sports betting could be a social ill on society. She partially blames the decline in marriage rates on the recent emergence of widespread legal sports gambling. (Image: CNBC) Whitney, the so-called “Oracle of Wall Street” for predicting the financial crisis of 2007-2008, believes young men are spending too much time gambling on their phones and other electronic devices. She thinks that’s a partial cause for declining marriage rates and many men not having sex like they used to. …

San Francisco 49ers quarterback Brock Purdy is the new betting favorite to win the NFL MVP at +300 odds, according to a recent update by DraftKings. Members of the San Francisco 49ers celebrate a touchdown pass by Brock Purdy in a victory against the Philadelphia Eagles at Lincoln Financial Field in Philadelphia. (Image: Getty) The 49ers crushed the defending NFC champion Philadelphia Eagles in Week 13, and Purdy leapfrogged to the top of the NFL futures board after a near-flawless performance. The 49ers are currently the consensus favorite to win Super Bowl LVIII at +310 odds. The Eagles are second on the NFL futures board at +450 odds to win …

The Connecticut Lottery Corporation (CLC) has selected Fanatics Betting and Gaming as its next sports betting partner. The XL Center in Hartford opened its Connecticut Lottery sportsbook in September. The facility will soon be run by Fanatics after the sports betting firm won the state lottery’s backing to replace Rush Street’s SugarHouse Sportsbook. (Image: NBC Connecticut) The CLC said it fielded several bids for its sports betting partnership and the presentation from Fanatics was deemed the best offer. Fanatics is the only true sports brand in the gaming space and has established itself as an innovator in the industry,” said Greg Smith, CLC president and CEO. “We have been impressed …

Kindred Group (OTC: KNDGF) announced Wednesday that it’s leaving the North American market and cutting 300 jobs in a move some industry observers believe could spur a sale of the Swedish gaming company. The Kindred Group logo outside its offices. The company said it’s leaving North America and cutting 300 jobs. (Image: Kindred Group) The operator said its departure from North America should be completed by the end of the second quarter of 2024. Kindred’s Unibet brand, popular with European bettors, failed to gain traction in the US and lives in just five states — Arizona, Indiana, New Jersey, Pennsylvania, and Virginia. Kindred announced a strategic review in April, and …

David Beckham, one of the biggest names in soccer and a part owner of Club Internacional de Fútbol Miami — commonly called Inter Miami CF — believes Las Vegas is an ideal city for Major League Soccer (MLS) to consider expansion. David Beckham attends the F1 Las Vegas Grand Prix on Sunday, Nov. 19, 2023. Beckham believes Las Vegas is a most suitable city for an MLS franchise. (Image: Getty) Speaking recently with Bloomberg, the 48-year-old former Manchester United, Real Madrid, and LA Galaxy star and the husband to Victoria Beckham said Southern Nevada makes sense for MLS. Beckham said the success of the NHL Vegas Golden Knights, which have …

Las Vegas officials have finally had enough of the unsubstantiated funding claims, the unfulfilled construction promises, and the deadline extension requests made by the owners of the All Net Arena project. The $5 billion All Net Arena project, proposed way back in 2013, would have included a 22K-seat basketball arena, a nongaming hotel, a convention center, a movie theater, and a grocery store — if its owners ever secured the funding they repeatedly lied to Clark County about having secured. (Image: All Net Arena) On Tuesday, the Clark County Zoning Commission voted 7-0 to deny extending the project’s permits. Time and time again, we’ve asked, ‘Just one more year, or …

Christmas came early for football fans in Pittsburgh. The low-scoring Steelers finally fired offensive coordinator Matt Canada after an ugly 13-10 divisional loss against the Cleveland Browns on Sunday. Pittsburgh Steelers offensive coordinator Matt Canada, seen here on the sidelines against the Cleveland Browns, was fired after a demoralizing loss in Week 11. (Image: Getty) Fans were worried that the Steelers would retain the inept Canada for the remainder of this season and even next season. The Steelers front office is often seen as too loyal to a fault, and the organization has a reputation for never firing a coach during the season. This year, however, fans had been chanting …

Following another impressive run this week, shares of DraftKings (NASDAQ: DKNG) are higher by 38.31% over the past month and have surged 236.60% year-to-date, but some analysts believe some caution should be applied to the high-flying gaming company. Inside a DraftKings office. A research firm says some caution is warranted with the high-flying gaming company. (Image: Wall Street Journal) This month, the online sportsbook operator wowed the investment community with elevated 2023 and 2024 earnings before interest, taxes, depreciation, amortization (EBITDA) and revenue guidance while delivering more of the same for 2025 and beyond at its investor day earlier this week. Some market observers believe DraftKings’ strong third-quarter results were …

Ticket prices continue to plummet for the Formula 1 Grand Prix in Las Vegas only a day before the festivities begin. An A.I. rendering of a Formula 1 racecar plummeting off the roof of a resort onto the Las Vegas Strip. (Image: ChatGPT) According to TickPick, prices have dropped 23% for Saturday night’s main event since last week, with the current lowest price for a grandstand ticket dipping to around $800. That’s down 50% since last month, when the cheapest ticket sold for $1,645, and 60% off last year’s initial low price of $2K. Prices for the practice and qualifying sessions are tanking even harder. Grandstand seats for Thursday’s practice …

Cincinnati Bengals wide receiver Tee Higgins will sit out Sunday’s game against the Houston Texans due to a hamstring injury. Cincinnati Bengals wide receiver Tee Higgins, seen here hauling in a catch against the Buffalo Bills, is currently week to week with a hamstring injury. (Image: Getty) Higgins was already nursing a fractured rib, but the Bengals listed him as “out” according to the latest injury report. Wide receivers Ja’Marr Chase and Charlie Jones are listed as questionable in Week 10. Chase expects to play, and Jones will be a game-time decision. Defensive end Sam Hubbard will also miss Sunday’s game against the Texans due to an ankle injury. Defensive …