Fairley, like fellow co-conspirators Damon Jones and Jalen Smith, has pleaded guilty in the betting scandals that have ensnared pro and college basketball. Marves Fairley, described as a “fixer” in…
After months of speculation, Fertitta Entertainment agreed to acquire Caesars Entertainment in a transaction valued at approximately $17.6 billion. Fertitta Entertainment has reached a definitive agreement to acquire Caesars Entertainment…
The NCAA ruled Sorsby permanently ineligible over gambling violations as the Texas Tech quarterback completed treatment and publicly addressed his addiction recovery. The NCAA has denied Texas Tech quarterback Brendan…
DraftKings has self-certified several sports event contract products with the CFTC, while revealing the name of its in-house platform. DraftKings-owned Railbird Exchange has self-certified its first six sports event contracts…
When Ontario opened its legal online gambling market in 2022, one intention was to reduce illegal gambling. Four years later, new Ipsos research finds more than 90% of Ontario gamblers…
Our weekly wrap-up is packed with sometimes funny, potentially telling and often unsettling gambling industry news. As we head into Memorial Day Weekend, let’s look back at the week that…
Representing prediction markets, Patrick McHenry was grilled about the rising asset class by his former colleagues during a hearing on Capitol Hill. As Wednesday’s congressional hearing veered from the topic…
North Carolina lawmakers are discussing a potential sports betting tax increase as states increasingly look to gambling to help close budget gaps. North Carolina lawmakers are discussing a potential increase…
Never able to gain traction as a retail sportsbook in the digital age, DraftKings’ Wrigleyville location has closed for good. The era of the in-venue sportsbook (if there ever really…
Here’s our Friday rundown of happenings, good and bad, in the gambling business this week. Our weekly recap of gambling industry headlines includes a letter from the head of a…