November A Bad Month For Both Sportsbooks, Sports Bettors

Pennsylvania Sportsbook

Gambling stocks took a huge hit in November, with some big names falling more than 25%. However, November itself was a great month for sportsbooks. Could November’s excellent hold % presage a resurgence in gambling stock prices? LAS VEGAS – Gambling stocks took a plunge in November even as the sportsbooks had their best month … Read more

In Macau, An Arrest Sends Casino Stocks Spiraling

Alvin Chau

Multiple arrests in Macau have caused consternation in the stock market. Alvin Chau, head of Suncity Group, is accused of cross-border gambling. Suncity is famous for organizing junket tourism for the purposes of gambling. MACAU – Multiple people have been arrested for alleged money laundering and cross-border gambling in Macau. Alvin Chau, a prominent gambling figure … Read more

Australian Woman Steals Almost A Mil To Gamble Online

Online Gambling Technology

Rachel Naomi Perri stole over $900,000 in order to play an online gambling game. The game she played did not even offer monetary rewards, just the gambling experience. Perri’s lawyer claims she has a severe gambling disorder. HOBART, Australia – An Australian woman has been arrested after stealing more than $940,000 from her job and … Read more

Judge Denies Seminole Application For Stay Of Ruling

Florida Stay Rejected

Judge Dabney Friedrich has denied a stay of her ruling that Hard Rock Sportsbook must cease operations. The Seminole Tribe applied for the stay after her original decision. Hard Rock Sportsbook went live in November 2021, and is currently live at the time of writing. TALLAHASSEE, Fla. – U.S. District Court Judge Dabney Friedrich has … Read more

Parlays Make Up The Majority Of New Jersey’s Sportsbook Wins

Parlays

Parlays have been the biggest source of New Jersey sports betting income. They’ve raised $334,232,531 from January through October in New Jersey. This is more than 3x the amount of profit from any other wager in that timeframe. TRENTON, N.J. – The New Jersey Division Of Gaming Enforcement released New Jersey’s October revenue numbers, and … Read more

Poker News Roundup 11/22/2021: Hellmuth, WSOP, OSS

Ipoker Tournament

Phil Hellmuth has claimed his seventh final table appearance of the 2021 WSOP season. Jack Oliver, ranked 19,366th in the world, finished with a $2.5 million prize in the WSOP Main Event. Americas Cardroom will host a $15 million Online Super Series from Dec. 5-19. LAS VEGAS – From poker tournaments to lucky wins and … Read more

Sportsbooks Set Props On Mahomes Thinking He Is Back

Patrick Mahomes

Patrick Mahomes passed for more than 400 yards against the Las Vegas Raiders last week. Expectations are once more sky-high for Mahomes, whose O/U against the Dallas Cowboys is 310.5 passing yards. Mahomes has gone over 310.5 passing yards only twice in the last eight games he’s played. KANSAS CITY, Mo. – Patrick Mahomes exploded … Read more

FaZe Clan Announces Sponsorship Deal With DraftKings

FaZe Clan - DraftKings

FaZe Clan has reached an agreement with DraftKings on a sponsorship deal. DK will become the official sports betting, online gambling, daily fantasy and free-to-play partner of FaZe Clan. FaZe is in the process of going public via a SPAC merger. LAS VEGAS – FaZe Clan, the famous esports organization, is getting involved in the … Read more