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Chicago Gambling Ring’s Alleged Key Player Avoids Prison

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Todd Blanken, who allegedly was a key player in what was described as a “multi-million dollar” Chicago-based gambling ring, has avoided spending time in prison. Casey Urlacher, mayor of Mettawa, Ill, shown here, avoided time in prison after he was pardoned by President Donald Trump for a federal gambling inquiry. Now, a co-defendant, Todd Blanken,

North American iGaming, Sports Betting Market Could Reach $42B, Says CFRA

north-american-igaming,-sports-betting-market-could-reach-$42b,-says-cfra

The familiar catalysts of rising consumer penetration and increasing state-level legalization could drive the North American online casinos and sports wagering market to $42 billion, according to CFRA Research. Bettors celebrate at the FanDuel sportsbook at the Meadowlands, above. CFRA forecasts big growth for iGaming and sports betting. (Image: Reuters) In a note to clients,

Report States FanDuel CEO Matt King to Take Position at Fanatics

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One month after it was announced Matt King would leave FanDuel, it appears the CEO of the sports betting and technology company has found his next gig. Matt King, the soon-to-be departing CEO of FanDuel, reportedly will start work at Fanatics once he leaves the sports betting and daily fantasy operator. That’s according to a

Hong Kong Police Bust Huge Wo Shing Wo Triad Betting Operation

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Police in Hong Kong say they have dismantled a triad-controlled gambling ring and seized the largest number of illegal betting records tied to a single operation in a decade. Hong Kong police display evidence, including over $1 million in cash, seized from a network of apartments across Hong Kong during raids Sunday. (Image: SCMP) According

Debate on Canadian Sports Betting Bill Likely to Resume Monday

debate-on-canadian-sports-betting-bill-likely-to-resume-monday

The Canadian Senate is expected to resume debate Monday on C-218, the bill to legalize single-game sports betting in the country. Members will likely have to decide on an amendment supporters say could derail the bill’s chances of passage. Canadian Sen. David Wells speaks Thursday during a Senate session in Ottawa on behalf of C-218,

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