Latest Wagering and betting industry News

Otter endorses ballot initiative to revive horse racing

Oct. 11, 2018 7:46 PM EDT

BOISE, Idaho (AP) — Many aspects of Idaho's horse culture, including ranch work and rodeo, depend on a viable horse racing industry, Gov. C.L. "Butch" Otter said. The Republican on Thursday made the remarks in his endorsement of a ballot initiative in the November election seeking to legalize horse race...

Sports betting weeks away from opening in Pennsylvania

Oct. 3, 2018 2:14 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania, one of the nation's most aggressive gambling states, appears weeks away from becoming the sixth state with sports betting after regulators Wednesday awarded the state's first sports betting licenses to two casinos. The casinos, however, have other requirements to meet...

Gambling panel chair resigns amid inquiry into Wynn Resorts

Sep. 26, 2018 11:11 PM EDT

BOSTON (AP) — The chairman of the Massachusetts Gaming Commission resigned Wednesday over charges of bias in the agency's ongoing investigation into Wynn Resorts. Chairman Stephen Crosby said in a letter that he's stepping down effective immediately because both Wynn Resorts and Mohegan Sun recently...

Ex-NFL stars want to get paid but it's lucky fan who does

Sep. 25, 2018 2:55 AM EDT

We take a brief break from the weekly angst over the roughing the passer penalties in the NFL to talk cold, hard cash. Anthony Prince got his money. Eric Dickerson wants to get paid, too. Prince isn't a big name like Dickerson, who leads a group of Hall of Famers who are threatening to follow in Terrell Owens'...

NJ probes FanDuel refusal to pay $82K on wrong football odds

Sep. 19, 2018 11:39 AM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators are investigating whether FanDuel's sports book should pay out more than $82,000 to a man who was given exorbitant odds for the Denver Broncos to win Sunday against the Oakland Raiders. Anthony Prince of Newark made his bet and was handed a ticket...

Idaho coalition to fight historical horse racing initiative

Sep. 5, 2018 5:15 PM EDT

BOISE, Idaho (AP) — An Idaho group of state and local political leaders launched a statewide effort on Wednesday to oppose a ballot initiative seeking to legalize historical horse racing. The group, known as Idaho United Against Prop 1, announced it was releasing TV and radio ads urging Idaho voters to...

William Hill, FanDuel begin mobile sports bets in New Jersey

Sep. 1, 2018 11:00 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's mobile sports betting market is getting bigger as football season gets closer. The American affiliate of a major British bookmaker and a fantasy sports titan began offering mobile sports betting in New Jersey on Saturday night, joining that state's rapidly expanding...

Ex-governor, once against casinos, now favors one in Chicago

Aug. 22, 2018 10:45 PM EDT

CHICAGO (AP) — Former Illinois Gov. Jim Edgar, once an opponent of land-based casinos, now says he favors casino expansion, including one in Chicago. Edgar on Wednesday told the Chicago Sun-Times there are "more pluses than minuses" than there were 25 years ago. At that time Edgar said he didn't want...

Battle brewing over former racetrack eyed for sports betting

Aug. 22, 2018 3:09 PM EDT

A gaming company is using a 19-year-old agreement to illegally restrict who can offer sports betting at a defunct southern New Jersey racetrack, a federal lawsuit contends. The lawsuit by developer Cherry Hill Towne Center Partners challenges a 1999 document that permanently forbids wagering activity other than...

Battle brewing over former racetrack eyed for sports betting

Aug. 22, 2018 3:07 PM EDT

CHERRY HILL, N.J. (AP) — A battle is brewing over whether a former New Jersey racetrack will be one of the state's legal sports betting venues. In a federal lawsuit, a developer claims a company whose parent company owns a racetrack and casino in Pennsylvania is illegally preventing it from offering sports...