Latest Gambling News

Churchill Downs: Q2 Earnings Snapshot

Jul. 24, 2024 16:12 PM EDT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported second-quarter profit of $209.3 million. The Louisville, Kentucky-based company said it had profit of $2.79 per share. Earnings, adjusted for one-time gains and costs, came to $2.89...

Venezuelans turn to odd jobs and gambling to stretch meager wages they hope will grow after election

Jul. 24, 2024 09:29 AM EDT

MATURIN, Venezuela (AP) — A municipal market in eastern Venezuela is teeming with weekend customers hoping to score a deal among the stalls of produce, meat, cheese and shelf-stable products. Some carry plantains, cassava crackers, corn flour or half a carton of eggs as they walk home. ...

Plain old bad luck? New Jersey sports betting revenue down 24% at casinos, and 9.5% overall in June

Jul. 16, 2024 17:04 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's casinos saw their sports betting revenue decline by nearly 24% in June, and sports betting revenue overall in the state declined by 9.5%, according to figures released Tuesday by state gambling regulators. The New Jersey Division of Gaming...

Sports betting roundup: Pete Alonso has best odds to win MLB’s Home Run Derby on BetMGM Sportsbook

Jul. 15, 2024 15:17 PM EDT

The Euro 2024 and Copa America tournaments concluded on Sunday with some exciting championship games. Spain beat England 2-1 to win the Euro 2024 championship. Mikel Oyarzabal’s goal in the 86th minute proved to be the game-winner. It was Spain’s fourth European Championship,...

Former Indiana lawmaker accused of pushing casino bill in exchange for a job gets a year in prison

Jul. 10, 2024 16:31 PM EDT

INDIANAPOLIS (AP) — A federal judge on Wednesday sentenced a former Indiana lawmaker accused of pushing a bill favoring a casino company in exchange for promises of employment to a year and a day in prison. Former state Rep. Sean Eberhart pleaded guilty to conspiring to commit...

No fooling: FanDuel fined for taking bets on April Fool's Day on events that happened a week before

Jul. 10, 2024 15:19 PM EDT

ATLANTIC CITY, N.J. (AP) — It might have seemed too good to be true, but there it was, and on April Fool's Day, no less: One of the country's leading sports books was taking bets on mixed martial arts fights that had already happened a week earlier. FanDuel accepted 34 bets on the...

Ex-NBA player Jontay Porter pleads guilty in case tied to gambling scandal that tanked his career

Jul. 10, 2024 14:30 PM EDT
NEW YORK (AP) — Ex-NBA player Jontay Porter pleads guilty in case tied to gambling scandal that tanked his career.

Arkansas panel awards Cherokee Nation Entertainment a license to build casino

Jun. 27, 2024 20:39 PM EDT

LITTLE ROCK, Ark. (AP) — The Arkansas Racing Commission on Thursday awarded Cherokee Nation Entertainment a license to build a casino in the state that's been held up for several years by ongoing legal fights. The panel voted unanimously to award the license for the casino in Pope...

UK's gambling watchdog alleges 5 more police officers placed bets on election date

Jun. 25, 2024 20:51 PM EDT

LONDON (AP) — Britain's gambling regulator has alleged that five more police officers bet on the timing of the July 4 national election, the Metropolitan Police said Tuesday, as claims widen that people close to the government used inside information for their own profit. The...

Pennsylvania court will decide whether skill game terminals are gambling machines

Jun. 20, 2024 14:34 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania's highest court will decide whether the cash-paying electronic game terminals that have become commonplace in convenience stores, bars and elsewhere are unlicensed gambling machines and, as a result, must be shut down. The state Supreme Court...