News

Lawmakers in Tallahassee on Wednesday approved the biggest tribal casino revenue-share deal in America and legalized sports betting in Florida in the process. Florida’s House of Representatives (pictured) passed the $2.5 billion gambling plan on Wednesday by 97 votes to 17. (Image: WJCT News) The legislature had called a special session to consider the $2.5 …

FanDuel announced today it will build a new product development campus in downtown Atlanta.  Atlanta’s downtown skyline pictured against a sunset above. FanDuel says it will open a product development office in the Georgia capital. (Image: Atlanta Traveler) The sports betting and iGaming behemoth say it’s looking to hire more than 900 employees over the …

Entain Plc (OTC:GMVHY) is considering joining the fray of bidders for William Hill’s non-US assets, including the sportsbook operator’s famed UK betting shops. A bettor outside a Ladbrokes shop in the UK. Owner Entain could make a run at William Hill’s international assets. (Image: Getty Images) Caesars Entertainment (NASDAQ:CZR) recently completed its $3.69 billion acquisition …

Maryland is the latest state to formally sign sports betting into law. Gov. Larry Hogan (R) signed HB940 on Monday. The bill legalizes sports betting in Maryland. Maryland Gov. Larry Hogan signs sports betting into law. The state will allow various interests to participate, including casinos, horse racetracks, and professional sports stadiums. (Image: Governor Larry …

A Staten Island bookie, who prosecutors claimed was an associate of the Colombo crime family, was sentenced Thursday to 18 months in prison plus one year’s supervised release for the extortionate collection of credit. Cassarino was in business with Joseph D’Amato Jr. (left), pictured here with his father, Joe Sr, a Colombo family capo and …

Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) are among the stocks that could be affected by the annual rebalancing of FTSE Russell equity indexes. Traders on the floor of the New York Stock Exchange. Churchill Downs and DraftKings could be affected by Russell’s rebalancing. (Image: ABC News) In a recent call with clients, Jefferies highlighted seven …

Bill Miller, the president and CEO of the American Gaming Association (AGA), says Congress must act to better protect legal sports betting markets. American Gaming Association President Bill Miller. The country’s leading gaming industry lobbyist says more protections are needed to ensure the continued expansion of legal, regulated sports betting. (Image: American Gaming Association) In …

DraftKings announced Wednesday that former supermodel Gisele Bündchen will serve as a special advisor to cofounder and CEO Jason Robins and the Boston-based sports gaming and technology company’s board of directors. Gisele Bündchen (top right) celebrates with her husband Tom Brady and their family after Brady led the Tampa Bay Buccaneers to the Super Bowl …

A man was hospitalized after being shot outside of Manchester, N.H.’s DraftKings Sportsbook brick-and-mortar location. He suffered “life-threatening injuries” in the Monday night incident, police said. A Manchester, N.H. police SUV shown here. The department is investigating a shooting outside of a DraftKings location. (Image: Boston Globe) At about 9:15 pm, multiple shots were fired …

Ohio’s major professional sports teams have banded together to lobby lawmakers and reiterate their call for a piece of any sports betting bill that comes out of the legislature. Joey Votto of the Cincinnati Reds connects on a pitch in Sunday’s home game against the Cleveland Indians. The Reds and Indians are two of the …