News

It’s not a death in the traditional sense, but Wynn Resorts (NASDAQ: WYNN) is dramatically reducing the scope of its WynnBet sports wagering unit, announcing the business will halt operations as soon as possible in eight states in which it currently books bets. Encore Boston Harbor and the WynnBet logo. The operator is halting sports …

Underdog Sports, a provider of paid fantasy sports contests, claims DraftKings (NASDAQ: DKNG) and FanDuel are waging “back room” campaigns aimed at maintaining their duopoly and stifling innovation in the daily fantasy sports (DFS) arena. An ad for Underdog Sports. The company says DraftKings and FanDuel are trying to halt competition. (Image: Twitter) In their …

Sports bettors know that you never bet with your emotions. Drake, the Canadian rapper and intrepid bettor known for missing big money bets, never got the memo and lost a considerable fortune this weekend on the Jake Paul vs. Nate Díaz boxing match. Nate Diaz takes a tumble during his boxing match against Jake Paul. …

Shares of DraftKings (NASDAQ: DKNG) spiked in Thursday’s after-hours trading session after the online sportsbook operator delivered its first profitable quarter as a public company. Inside a DraftKings office. The company was profitable in the second quarter and lifted its 2023 guidance. (Image: Wall Street Journal) The Boston-based company said its non-generally accepted accounting principles …

Sports wagering startup Betr is entering the fantasy sports space with a new “pick ’em” game that, over the long term, could be additive to the company’s sports betting efforts. Social media influencer Jake Paul poses in a Liverpool FC jersey. Betr, the gaming company he co-founded, introduced a real money fantasy picks game. (Image: …

The Australian greyhound trainer whose kennel is at the center of an animal cruelty investigation was once caught on camera allegedly “stimulating” a dog before a race. Tony Rasmussen, above, and his wife, Lisa, were charged with 12 offenses Friday morning related to footage showing animal abuse at his kennel compound in South Australia. (Image: …

Josh Jacobs, the All-Pro running back from the Las Vegas Raiders, will hold out of training camp due to a contract dispute. He was spotted leaving Las Vegas and he’s expected to sit out of the entire preseason or, possibly, longer. Las Vegas Raiders running back Josh Jacobs, seen here evading tacklers in a game …

New numbers show total wagers on online casino games are beating sports-related betting in Ontario. Data from iGaming Ontario shows Ontarians placed CA$14 billion in total wagers in the second quarter of 2023. About $11.6 billion of that total was casino compared to $2 billion spent on sports. The remaining $350 million was attributed to …

Regulators in Vermont this week approved rules for newly legal sports betting in the state, setting the stage for sportsbooks to pursue operations. A “Welcome to Vermont” sign greets motorists. Vermont regulators this week approved procedures that will lay the groundwork for sportsbooks to begin operating in the state. (Image: Shutterstock) Vermont last month became …

Sure, Frank “Lefty” Rosenthal secretly ran the Stardust, Fremont, Marina, and Hacienda casinos in Las Vegas for the Chicago branch of the mafia from 1974 to 1978. That’s without even possessing a gaming license, ensuring the syndicate a “skim” of at least $1.6 million — and probably many times more. Sure, in the ’50s, he …