Despite ‘Uncertainty,’ Monmouth Park Bets on Fixed-Odds Horse Racing
Just as New Jersey opened the door for sports betting across the United States, it just might be the trendsetter for the next wagering innovation to hit America – fixed-odds…
Des Moines Airport Board Rejects Casino Proposal
The Des Moines Airport Authority has rejected a proposed $225 million casino resort that was suggested as part of an effort to fund a new terminal for the international hub….
MGM Grand Detroit Acted in Good Faith As Player Lost $6M from Investors
The MGM Grand Detroit has escaped paying over $6 million to a dozen investors who lost their money to an “admitted” fraudster who repeatedly and unsuccessfully played at the casino’s…
Russian Politician Quits Post, Forced from Party after Casino Uncovered
A St. Petersburg, Russia politician, Oleg Kalyadin, quit his local government post and was tossed out of the United Russia party after police found an illegal gambling operation in an…
Jefferies Sees Opportunity For Investors in Sports Betting Stocks
As an industry, legitimate sports wagering is still in its formative stages in the US. But some analysts believe investors don’t need to rely on American companies to access what…