News

A research report released Wednesday by Betting Hero shows that the top US online gaming companies have stiff competition for the top spots in Ontario. Teoscar Hernandez of the Toronto Blue Jays drops the bat as he rips a double against the Boston Red Sox in a June 28 game at Rogers Centre. On Wednesday, Betting Hero released the results of a survey showing bettor behaviors and preferences in Ontario. (Image: Jon Blacker/The Canadian Press) Bet365 stood at the top of the charts for bettors’ favorite site in the Canadian province. Amid a crowded field, 38% listed the British-based outfit as their top choice, compared to 14% who liked the …

A ticketing pre-registration portal for the upcoming Las Vegas Formula 1 race goes live at 9 a.m. PST today (Monday, Aug. 29.) The portal will provide fans with a free chance to sign up for access to an exclusive presale event in October for the November 2023 race. A rendering of the Formula 1 Las Vegas race course. During the race, F1 cars will drive on a circuit around the iconic Vegas Strip. (Image: Vegas.com) Organizers say that ticket demand is expected to outstrip the more than 100K official spectator capacity. “A ticket to the Las Vegas Grand Prix will be the hottest ticket in global sport next year,” said …

Kevin Durant is staying put in Brooklyn. And all of a sudden, the biggest story of the NBA summer took a dramatic turn for the better for the Nets, who are now a legitimate championship contender. Kevin Durant will remain with the Nets after requesting a trade this summer.(Imag: USA TODAY Sports) Bettors went hard on the Nets this week, especially in the New York market. DraftKings spokesman Parker Winslow told Casino.org that Nets backers are going strong on the team. Earlier this week, he said the Nets are “the most-bet team by both handle and bets to win the NBA Finals and the East. For the NBA Finals winner, …

Just in time for the 2022 football season, BetMGM and SportsGrid said today they’re expanding their partnership announced earlier this year. SportsGrid lead football analyst Warren Sharp. The company is expanding its relationship with BetMGM. (Image: SportsGrid) Financial terms of the broadened accord weren’t revealed. Currently, the gaming company’s content will be featured across SportsGrid’s original, live programming, and will be enhanced by social media and television advertising. Under the multi-year agreement BetMGM’s trading team and experts will provide insight during various broadcasts including Ferrall Coast to Coast, Pro Football Today and In-Game Live Primetime,” according to a statement issued by the companies. Additionally, Warren Sharp — SportsGrid’s lead NFL …

Are you ready for a Las Vegas Strip that’s twice its current size? According to some Las Vegas experts, it’s in the cards. Sightseers line up at the “Welcome to Fabulous Las Vegas” sign to snag a photo of the iconic landmark. The sign may need relocating over the next decade, as Sin City’s resort corridor slowly expands southward. (Image: Casino.org) The Strip has measured 4.2 miles long since the “Welcome to Fabulous Las Vegas” sign went up near the old airport entrance in 1959. It still stretches from Sahara Avenue at the north end to Russell Road at the south, though the hotels along the way are all different. …

The English Premier League (EPL) has stated that most of its clubs favor a voluntary ban on sports betting front-of-shirt sponsorships. However, this doesn’t mean they can’t partner with gaming platforms, and Aston Villa FC has teamed up with cryptocurrency gaming platform Duelbits. Danny Ings of Aston Villa FC celebrates after scoring the first goal in the team’s season opener against Everton FC. The club has signed Duelbits as its official European betting partner. (Image: Getty Images) The proposed ban, which the EPL’s clubs will vote on later this year, hasn’t stopped clubs like Everton from striking sponsorship deals. It also wouldn’t prevent them from entering into partnerships with gaming …

Matthew J. Turnipseede, 49, of Las Vegas, Nev., was indicted Thursday for defrauding 72 investors out of more than $8.5 million. A Las Vegas resident has been indicted for running a Ponzi scheme that stole $8.5 million from investors. According to the US Department of Justice, Matthew Turnipseede’s sports betting business was fraudulent. (Image: boydsbets.com) Turnipseede promised investors double-digit profits via sports wagering, the US Justice Department’s Northern District of Ohio Division alleges. He was charged with 12 counts of wire fraud and one count of mail fraud. From March 2015 to May 2021, according to Turnipseede’s indictment, he induced victims to invest in companies he owned by claiming they …

Like so many online sportsbook operators, Rush Street Interactive (NYSE:RSI) struggled to reach profitability following its initial public offering (IPO). But those dark days could be drawing to a close. A Bet Rivers sportsbook in Illinois. Operator Rush Street Interactive is stemming losses. (Image: Wall Street Journal) The gaming company reported a second-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $19 million — well below the $43 million it lost in the March quarter. That’s a positive sign, because RSI and some of its peers have been dealing with steep EBITDA losses for several quarters. Roth Capital analyst Edward Engel believes RSI can become profitable in the …

The Massachusetts Gaming Commission (MGC) today held its first meeting since state lawmakers passed legislation to authorize sports betting. Massachusetts Gaming Commissioner Bradford Hill expresses concerns during the agency’s virtual meeting on August 4, 2022, that the public might think legal sports betting is imminent. The regulator says time is needed to finalize sports betting regulations before the state will review applications and issue licenses. (Image: Massachusetts Gaming Commission) The special sports betting joint conference committee last weekend reached a compromise between two competing sports gambling measures. The separate rules were passed by the Massachusetts Senate and House, then reconciled. The resolution was approved just hours before the legislature adjourned …

Following the monsoonal rains that pummeled Las Vegas last week, a 3-inch rise has been measured in Lake Mead’s historically low water level, according to a report in the Las Vegas Review-Journal. Is this silver lining to the downpours something to be celebrated? A viral Twitter video shows flooding at the Circa sportsbook last week. (Image: KLAS-TV) Monsoonal rains last week transformed intersections across Las Vegas into washes. It also sent water cascading from the ceilings of Caesars Palace and Planet Hollywood, as well as from the sportsbook video wall at the Circa Resort and Casino. Power outages across the region even knocked out the Fremont Street Experience pedestrian canopy. …