Next week, the Pennsylvania Gaming Control Board (PGCB) will deliberate on a petition to intervene from a state-licensed gaming operator. The call for action is regarding the state’s consideration of a casino project targeting the Nittany Mall near Penn State University’s main campus in State College, Pa. The PCGB announced Tuesday that on Wednesday, Dec. […]
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Navigating the New York sports gambling laws can be tricky. Navigating the parlay restrictions is beyond frustrating. There are nine sportsbooks operating legally in the Empire State, and not one of them will accept the parlay of both the Jets and Giants making the playoffs. And it is not like this is a high-risk bet. […]
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Most people who play the lottery in hopes of winning some money, even if it’s not the top prize, run to collect as soon as they find out they won. However, someone in the UK is sitting on a ticket worth £7.4 million (US$9 million) but doesn’t seem too interested in cashing it in. Camelot, […]
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Heading into Week 14 of the NFL season, the Cincinnati Bengals and New York Giants both have a 9-3 against the spread (ATS) record as the best betting teams in the league. The Detroit Lions, Dallas Cowboys, and Tennessee Titans have also been profitable for bettors this season, covering 67% of their games with an […]
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Light & Wonder (NASDAQ: LNW) garnered a non-investment credit grade of “BB” in a report published by Fitch Ratings yesterday. A “stable” outlook accompanies that rating. The Las Vegas-based gaming device manufacturer has long been raising cash in an effort to firm its balance sheet and potentially bolster its credit profile. Last year, the company […]
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They’re calling Qatar 2022 the World Cup of upsets, but this one takes the cake. Morocco knocked Spain out of the World Cup on Tuesday after two tense hours of play and a penalty shootout. Yes, Morocco, a team that was 250/1 to win the trophy at the start of the tournament, and which failed […]
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Genting Malaysia Bhd. has provided more financing to its Empire Resorts unit. That’s as an entity tied to the Malaysian conglomerate recently purchased $100 million in preferred stock issued by the New York-based gaming company. Genting ER II LLC, which is a Delaware-based holding company, acquired the Series F preferred stock. The transaction was conducted […]
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A lingering lawsuit in Virginia challenging the state’s decision last year to outlaw so-called “skill gaming” machines has been postponed. It will be in abeyance until the Virginia General Assembly concludes its 2023 legislative session. Greensville County Circuit Court Judge Louis Lerner this week agreed to postpone further legal deliberations regarding the lawsuit brought against […]
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Sands China is paying parent company Las Vegas Sands as much as $377 million to continue using Sands-related trademarks in Macau as part of a new three-year agreement starting Jan. 1, 2023. The current agreement between the parties expires on December 31. Las Vegas Sands is the majority shareholder in the China unit, which is […]
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A North Dakota legislative panel has clarified where electronic pull-tab machines can operate. North Dakota authorized charitable gaming in 1994. Legalizing such small games of chance was designed to provide nonprofits and community organizations across the state with increased donations by way of gaming. Over the decades since charitable gaming became legal, nonprofits and the […]
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