Las Vegas-based Scientific Games Corp. is selling its OpenBet business to Endeavor Group Holdings, which also owns UFC, for $1.2 billion, the companies announced Monday.
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The $1,000 entry Circa Survivor will feature a $6 million guaranteed payout and the $1,000 entry Circa Millions III will feature $4 million in guaranteed payouts.
A UNLV expert wants to see gambling companies that partner with universities step up their education efforts involving problem gambling.
A baseball bettor turned $250 into more than $38,000 after connecting on an eight-team parlay ticket at The Cosmopolitan of Las Vegas.
At a sports betting conference Tuesday in New York, state representatives from Minnesota, New York and Ohio discussed their states’ interest in such bets. They’re also interested in making sure players are protected, taxes are adequate but not punitive and that mobile gambling is widely accessible.
The deal opens the door for MGM to sign partnerships with multiple baseball teams as well as advertise during the All-Star Game and World Series, which are watched by tens of millions of people.
New York will become the nation’s largest sports wagering market by 2023, with Nevada falling off to No. 4, a new research report says.
If sports gambling is legalized nationwide, Wynn sports book director Johnny Avello expects it to have a negligible effect on the betting handle in Las Vegas.
Meeting in Las Vegas, the board of directors of the American Gaming Association ratified a set of policy principles in the organization’s bid to legalize sports betting nationwide.
In Europe, it’s known as novelty betting. Bookmakers from Paddy Power to William Hill post odds and take bets on a variety of activities, from who looks good to win the Nobel Prizes this year to whether Prince Harry’s next girlfriend will be a blonde or a brunette and who might host the Oscars in 2014.