Latest Gambling News

The state that cleared the way for sports gambling now may ban 'prop' bets on college athletes

Nov. 14, 2024 12:36 PM EST

TRENTON, N.J. (AP) — After an unexpected loss in which he threw four interceptions in September, Auburn quarterback Payton Thorne heard from bettors angry that his subpar statistics lost bets for them. Some contacted him over the Venmo cash transfer app, asking him to refund their losses. ...

Federal judge denies request to block measure revoking Arkansas casino license

Nov. 13, 2024 20:00 PM EST

LITTLE ROCK, Ark. (AP) — A federal judge has denied an effort to temporarily block enforcement of a constitutional amendment Arkansas voters approved last week that revokes the state's license for a planned casino. Judge D. Price Marshall Jr. on Tuesday night denied Cherokee Nation...

Lawsuit filed over measure approved by Arkansas voters that revoked planned casino's license

Nov. 08, 2024 20:18 PM EST

LITTLE ROCK, Ark. (AP) — Cherokee Nation Entertainment on Friday filed a lawsuit challenging a constitutional amendment Arkansas voters approved this week that revokes its license for a planned casino in the state. The lawsuit filed in federal court claims the measure approved by...

Second gambler admits trying to cash in on scheme involving ex-NBA player Jontay Porter

Oct. 30, 2024 17:37 PM EDT

NEW YORK (AP) — A Pennsylvania man pleaded guilty Wednesday in a sports betting scheme that ended Toronto Raptors forward Jontay Porter's NBA career. With Mahmud Mollah 's plea Wednesday, three people — including Porter — have now publicly admitted their roles in the scandal....

Missouri sports betting ballot measure highlights national debate about tax rates

Oct. 30, 2024 11:12 AM EDT

JEFFERSON CITY, Mo. (AP) — The ads promoting a November ballot measur e to legalize sports betting in Missouri tout the potential for millions of new tax dollars devoted to schools. If voters approve the measure, it's a good bet they will see even more ads offering special promotions for bettors....

Seminole Tribe settles legal challenges to online sports gambling exclusivity in Florida

Oct. 28, 2024 18:24 PM EDT

FORT LAUDERDALE, Fla. (AP) — The Seminole Tribe of Florida and a group of businesses that operate racetracks and poker rooms have settled a yearslong legal dispute over whether the Seminole Tribe should have exclusive rights to online sports betting in Florida, the tribe announced Monday. ...

New Jersey loves the money from online sports betting, but fears addictive consequences

Oct. 24, 2024 13:47 PM EDT

TRENTON, N.J. (AP) — Online sports betting is reaping new revenue for New Jersey but also raising concerns about gambling addiction and potential harm to the finances of Atlantic City's casinos that depend on in-person gamblers, sports books and problem gambling treatment workers testified...

Churchill Downs: Q3 Earnings Snapshot

Oct. 23, 2024 16:22 PM EDT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported third-quarter earnings of $65.4 million. The Louisville, Kentucky-based company said it had net income of 86 cents per share. Earnings, adjusted for non-recurring costs, were 97 cents...

From showgirl feathers to shimmering chandeliers, casino kitsch finds new life

Oct. 21, 2024 13:04 PM EDT

LAS VEGAS (AP) — Crystal chandeliers that once glimmered above a swanky lounge, bright blue costume feathers that cloaked shimmying showgirls, and fake palm trees that evoked a desert oasis are just some the artifacts making their way from the latest casino graveyards of Las Vegas into Sin City...

New Jersey internet gambling revenue set new record in Sept. at $208 million

Oct. 17, 2024 15:39 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's red-hot internet gambling market set another record in September with Atlantic City's casinos and their technical and online partners winning over $208 million. Figures released Thursday by the state Division of Gaming Enforcement show the...