Las Vegas is still America’s gambling capital ... but its hold on tourism is slipping.
According to the Las Vegas Convention and Visitors Authority’s (LVCVA) latest report, just under 3.1 million guests visited the glitz-and-glamor-filled city during June, an 11.3% year-over-year decrease.
Caught in the crossfire, hotel occupancy fell 6.5 percentage points, and the average daily hotel room cost was down 6.6% to $163.64.
Ohio Gov. Mike DeWine (R) is responding to the investigations into suspicious sports betting involving Cleveland Guardians pitchers Luis Ortiz and Emmanuel Clase.
DeWine, who was in office when Ohio legalized sports betting on Dec. 8, 2021, has called for an end to player prop betting. He released a statement on Thursday encouraging the Ohio Casino Control Commission (OCCC) to remove player props from the state’s catalog of available betting markets.
A federal judge in New York dismissed a class-action lawsuit this week against DraftKings over "deceptive" promotions involving deposit bonuses.
The case was filed by plaintiff Nerye Aminov last December. Chief Judge of the US District Court for the Eastern District of New York Margo K. Brodie threw out the case on Monday, claiming that DraftKings sufficiently described the terms and conditions related to the promotion.
The Massachusetts Gaming Commission last Friday issued a $450,000 fine to Boston-headquartered sports betting giant DraftKings for illegally accepting bets funded by credit card deposits.
According to an MGC investigation, DraftKings took 1,160 bets worth $83,667.92 from March 10, 2023, through Feb. 14, 2024. That directly conflicts with the state’s gaming laws, which do not allow customer accounts to be funded by credit card deposits.
Georgia is one of four states that has not legalized any form of gambling, whether that be retail or online casinos, sports betting, horse race wagering, or anything aside from the state lottery.
After years of pushback, state officials are on the road to reversing their course. A newly created study committee convened on Monday to discuss potential options for gambling expansion throughout the state with a heavy emphasis on casino gambling.
Cleveland Guardians closer Emmanuel Clase on Monday was placed on non-disciplinary leave as part of Major League Baseball’s ongoing investigation into suspicious sports betting patterns.
Clase is the second Guardians pitcher to be part of an investigation over the last month. The other, starting pitcher Luis Ortiz, was placed on non-disciplinary leave on July 3.
A New Jersey lawmaker on Friday introduced a bill that would ban sportsbooks from offering micro-betting, or fast-paced wagers involving events within a game.
Assemblyman Dan Hutchison (D-4) submitted the proposal, which would prevent consumers from betting on markets such as whether the next pitch will be a ball or a strike, or whether the next pass will be complete or incomplete. The bill is one of several aimed at reforming New Jersey’s gambling industry.
The Atlantic Coast Conference is adding injury reports before conference games beginning with the upcoming football season, ACC Commissioner Jim Phillips said Tuesday.
Injury reports, which are commonplace in professional sports, will need to be made public by teams at least 48 hours before kickoff. The SEC added injury reports ahead of conference games last year, and the Big Ten did the same in 2023. The Mid-American Conference, a much smaller league, also added them in 2024.
Amid the rise of prediction platforms such as Kalsi, Polymarket looks ready to re-enter the American marketplace.
Polymarket was banned from operating in the US in 2022 following a settlement with the Commodity Futures Trading Commission (CFTC).
The platform, which refers to itself as the “world’s largest prediction market,” revealed this week that it acquired derivatives exchange QCX and clearinghouse QC Clearing LLC (known collectively as QCEX) for $112 million.
Colorado gaming regulators have fined DraftKings $90,000 for accepting wagers in prohibited markets, including bets on the boxing match between Mike Tyson and Jake Paul.
DraftKings accepted at least 100 bets on the Tyson-Paul bout last year despite being prohibited from doing so, regulators said.
They also said DraftKings allowed customers to place college player prop bets in March 2025, even though Colorado law prohibits those types of bets.