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Industry
February 12, 2024
Betfair: Biden’s Reelection Chances Plummeted after Hazy Memory Report
Political bettors seem to be losing their trust in President Joe Biden’s ability to win the upcoming election, as demonstrated by Betfair. According to the betting exchange, Biden’s odds plummeted following an official report about the president’s waning memory. In a response to the Justice Department report into Biden’s mishandling of top secret documents, the […]
Sports
January 23, 2024
Trump Solidifies Lead in 2024 Republican Presidential Race as DeSantis Exits
Former US President Donald Trump has emerged as the clear front-runner for the 2024 Republican presidential nomination following the withdrawal of Florida Gov. Ron DeSantis from the race. DeSantis’ Withdrawal Reshapes GOP Landscape, Boosting Trump’s Odds Beyond 90% DeSantis’ departure has significantly boosted Trump’s odds, with the latest figures from OddsChecker indicating a more than […]
Industry
January 10, 2024
Tim Costello Criticizes Australian Government for Underhanded Dealings with Gambling Operators
Tim Costello, chief advocate for the Alliance for Gambling Reform, highlighted the importance of a gaming ad ban as Australia keeps struggling with a surge in problem gambling. He warned that clandestine talks behind closed doors could herald a potential compromise on the landmark parliamentary inquiry’s recommendations for gradually phasing out gambling advertising within three […]
Industry
January 3, 2024
California’s Club One Casino Owner Runs for Congress Following McCarthy’s Exit
A gambling industry veteran is running for a major political position in California. Kyle Kirkland, an influential cardroom businessman, hopes to succeed US Rep. Kevin McCarthy who departed Congress at the end of 2023. McCarthy was removed as House Speaker in October in a move that concluded a 17-year Congress tenure and surprised many people. […]
Industry
December 14, 2023
Damning Gambling Lobbying Could Lead to an MP’s Suspension
Independent British MP Scott Benton is facing a 35-day suspension from Parliament because of a significant gambling-related violation. Earlier this year, the politician was caught red-handed trying to set up a lobbying scheme with fake gambling company representatives. A former Conservative, Benton was removed as a Tory MP in April after an investigation discovered his […]
Industry
December 4, 2023
George Santos Ousted, Accused of Misusing Campaign Funds for Gambling
After two failed votes to expel congressman George Santos, the US House of Representatives on Friday successfully ousted him last week Friday. The 311-114 voting last week made the congressman the first lawmaker in the last two decades to be expelled. The voting came amid allegations against Santos as well as scandals that loomed during […]
Industry
November 23, 2023
Anti-Gambling Advocate Garzón Exits Spanish Politics
The ongoing reshuffling in Spanish politics may be good news for the gambling industry as the Minister of Consumer Affairs, Alberto Garzón, has stepped down. However, the industry shouldn’t get excited yet as his successor’s stance on gambling is still vague. Garzón is a vocal anti-gambling activist who has been an active promoter of regulations […]
Industry
November 20, 2023
Australia’s Gambling Industry Impacts Politics, Report
Gambling is identified as a public health risk in Australia, considering that hundreds of millions are lost to the activity on a monthly basis. The losses to gambling on a yearly basis are in billions, a warning sign that many people are affected by the activity and may suffer from at-risk or problem gambling. Before […]
Casino
November 13, 2023
Marmorato’s Triumph May Impact Bally’s NY Casino Bid
The casino industry is wary of the future of Bally’s Bronx casino project following Kristy Marmorato’s triumph in the Bronx. The Republican, who has previously expressed her opposition to the project, won the Bronx seat at the New York City Council. Marmorato dealt a historic defeat to her opponent, the incumbent District 13 representative Marjorie […]
Industry
November 10, 2023
PredictIt Bettors Impressed by Haley and DeSantis’ Performance at the Debates
PredictIt bettors seem confident in Nikki Haley and Ron DeSantis’ positions following Wednesday’s debate. At this point, both of them have a chance to grab the party’s nomination, political bettors believe. One of the highlights of Wednesday’s debate was the heated quarrel between Haley, a former ambassador to the United Nations and Vivek Ramaswamy, the […]
