Warren Buffet’s right-hand man Charlie Munger has once more let his disdain for cryptocurrencies be known. Speaking in a Wall Street Journal op-ed this week, the 99-year-old called on the US authorities to ban cryptocurrencies, liking them to gambling contracts. He believes that cryptocurrencies are a scam that targets regular investors. In the op-ed, ...
Iconic Former Jockey Barry Geraghty Named William Hill Racing Ambassador
Iconic former jockey Barry Geraghty has joined William Hill’s stable of racing ambassadors. The Irishman is well respected in horse racing circles, being second on the list of all-time Cheltenham Festival-winning jockeys. Some of other well-known names who are fellow William Hill racing ambassadors are the legendary Sir AP McCoy and both Sam and ...
Las Vegas Sands Planning to Invest $6.8bn in Macau and Singapore
Great success in Singapore Las Vegas Sands is planning to invest $6.8bn in Macau and Singapore to help take advantage of the boom in gambling across the Asian market. The US-based casino company announced its investment plans on Thursday after reporting all-time high gaming revenue at its Marina Bay Sands property in Singapore. The property’s 2022 ...
Nevada Governor Won’t Increase Taxes For a Stadium to Bring Oakland A’s to the City
No interest Nevada Governor Joe Lombardo does not plan to increase state taxes to help pay for a stadium if MLB’s Oakland A’s move to Las Vegas. He revealed his reluctance to raise taxes in a statement on Thursday despite discussing the matter in November with MLB commissioner Rob Manfred. may or may not be eligible ...
Survey: 75% of Texans Support New Casino Gambling Bill
Growing support According to a survey by the University of Houston’s Hobby School of Public Affairs, there is significant public support for legalizing casinos in Texas. Of those polled, 75% would support a new casino gambling bill that would permit full-service casinos in major cities, as well as eventually legalize sports betting. 41% strongly support the ...
BGC Chief Warns Against Stricter Affordability Checks, Cites Study on Unlicensed Gambling
A warning The UK Betting and Gaming Council (BGC) chief executive has warned against the potential introduction of stricter affordability checks. He cited a recent study that looked at UK usage of unlicensed gambling platforms during the recent FIFA World Cup. restrictions lead to more people turning towards black market platforms Dugher believes that the data highlights ...
Allwyn Gets All Clear for Camelot UK Takeover, Camelot CEO Exits
Ready to proceed The UK Gambling Commission (UKGC) has given the green light to Allwyn Entertainment’s acquisition of Camelot UK Lotteries. Allwyn is set to take over as the operator of the UK National Lottery from Camelot in February 2024. help make sure that the transition of the UK National Lottery license is smooth The company initially ...
Sportsbook Launched Inside NFL Stadium for First Time in US Betting History
A first for the NFL People can now place sports bets in person inside an NFL stadium for the first time after the launch of the Fanatics Sportsbook at the Washington Commanders’ FedExField in Maryland. It is the first time that the popular sports merchandise company has launched a sportsbook in the US. first official day ...
Mattress Mack Bets $2m on the Dallas Cowboys to Beat the San Francisco 49ers in the NFL Playoffs
Betting big High-stakes sports bettor and business tycoon Jim “Mattress Mack” McIngvale has placed a $2m wager on the Dallas Cowboys to beat the San Francisco 49ers in the NFL playoffs this weekend. It is the latest in a long string of mega bets the Texas-based businessman has made in recent years. stands to win $3.35m ...
Fanatics in Discussions to Acquire BetParx Sportsbook
Rumors abound Prominent sports merchandise company Fanatics is reportedly in discussions to take over the BetParx sportsbook. CNBC reported the rumors on Friday, explaining that its sources are close to the matter but cannot comment publicly. Fanatics has been looking for opportunities to gain more of a foothold in the burgeoning US sports betting sector ...