William Hill PLC on Monday was forced to clarify media reports that its chief executive will leave the British bookmaker by the end of the year, saying a planned timetable to replace Ralph Topping at the end of next year is still on track.
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The number of Americans paying to participate in fantasy sports has grown at a 7.8 percent rate annually over five years. That growth has transformed what was once a small group of devoted players into a multibillion-dollar business.
The Gaming Control Board and the International Olympic Committee announced Tuesday they will cooperate in monitoring irregular bets related to the Sochi Winter Olympics in Russia to ensure the integrity of the competition.
Sports betting is big business in Nevada with $3.45 billion wagered in the last reporting year. But Las Vegas casinos and sports books are still trying to figure out how to attract fantasy sports players to the Strip.