Fanatics Markets launches as sportsbook operators seek new growth.

Fanatics Markets debuts in 10 states through its Crypto.com partnership, offering event trading across sports, finance, and culture while navigating growing regulatory scrutiny in the prediction-market space. Fanatics Markets, which launched in 10 states on Wednesday and will extend to 14 more this week, is available through a collaboration with Crypto.com. Fanatics Markets is the […]

How does sports betting effect NFL, NBA, MLB, and NHL players?

Since the Supreme Court abolished a federal ban on sports betting in 2018, no American sports league has been completely shielded from gambling controversies. The NFL, NBA, MLB, and NHL have all dealt with rules infractions that have led to fines, suspensions, league bans, and even federal charges.The Athletic gathered answers from its anonymous player […]

Professor: Sports can be restored if gambling scandals are contained.

Despite a slew of faith-destroying sports betting scandals, the purity of American sports has not been fully lost — although compromised. However, Sacred Heart University Sport Management professor Joshua Shuart cautioned that the worst is yet to come. The latest was particularly awful, with Miami Heat guard Terry Rozier being one of six people detained […]

Nebraska Tribes Push for Online Sports Betting Amid Tax Revenue Concerns

A vote to authorize internet sports betting is currently being pushed by the tribal group that built Nebraska’s first casino. The CEO of WarHorse Casinos, Lynne McNally, told Nebraska Public Media that when Nebraskans are compelled to travel to another state or place illicit bets with an offshore sportsbook, the state of Nebraska loses out […]

Soon, Nebraska will launch a campaign to legalize online gambling.

Nebraska still only allows in-person wagering at one of the five racetrack casinos for sports betting. Soon, a push will start to bring legal sports betting to the internet. The two casinos in Nebraska, WarHorse Casino Lincoln and WarHorse Casino Omaha, are run by WarHorse Gaming, LLC. The commercial entity of the Winnebago Tribe of […]

Will Manhattan See the Construction of a Casino?

The process of making decisions that could result in the opening of three casinos in the New York region continues. Two multibillion-dollar plans were rejected in Manhattan on Wednesday by community advisory panels. There are still six applications. Community-based committees in the neighbourhoods where they would be constructed have until September 30 to approve or […]

Light & Wonder Plans $1B Private Notes Offering to Cut Debt and Fuel Growth

Leading online casino game operator Light & Wonder Inc. (LNW) said it would issue up to $1 billion in senior unsecured notes in a private offering. Light & Wonder International Inc. (LNWI), its fully owned subsidiary, will issue the notes. Due to the company’s limited press statement, investors and stakeholders were left wondering about the […]