Few events in the world of sports are as popular among mainstream fans as online Kentucky Derby betting. Among US based fans its exceeded only by the Super Bowl and March Madness. Since there are always a lot of newcomers to horse betting at this time of year it’s a good time to outline some of the differences and similarities between betting on sports and betting on horses. Despite the fact that betting on horses and betting on sports is inextricably linked in a lot of ways–for example, they usually occupy the same space in most Nevada casinos – there…

Philly.com – In a bid to attract younger crowds, Greenwood Gaming & Entertainment Inc. is planning to introduce gambling on smartphones and tablets at Parx Casino in Bensalem. “The idea is to try to expand our business, create more revenue both for us and the state by offering something that would appeal to a whole new generation of slots players,” John Dixon, Greenwood’s chief technology officer, said Wednesday at a Pennsylvania Gaming Control Board hearing in Harrisburg. Greenwood Gaming’s attorney, Alan C. Kohler of Eckert Seamans, told the board that the company would like to file a petition in the…

Independent.ie – GameAccount Network, the UK-based gambling software provider headed by Dermot Smurfit Jnr, has inked a deal to provide a simulated gaming website to the famous Yonkers racetrack and casino in New York.  GAN also announced that pre-tax profits hit £1.6m (€1.9m) last year compared to a loss of £1m (€1.2m) the year before, as net revenue rose 123pc to £12.3m (€15m). Expansion in the US remains a “strategic priority” for the group, said Mr Smurfit. Shares in the company, which floated on London’s Alternative Investment Market and Dublin’s Enterprise Securities Market last year, jumped 12pc in London yesterday…

A cut in the maximum amount of cash that can be inserted into Fixed-Odds Betting Terminals (FOBTs)is to be imposed by the government to ease concern about the high-stakes electronic devices. Under the new rules, anyone using a FOBT – often called the crack cocaine of gambling – will need to inform staff if they want to bet more than £50 cash at a time. Gamblers would also have the alternative of getting an online account so that spending can be tracked, following an assessment released by the Department for Culture, Media and Sport (DCMS). Until now the controversial electronic…

iGaming Business – Helen Grant, the UK Minister for Sport, Tourism and Equalities, has announced plans to introduce a number of changes to UK gambling regulations. As reported by iGaming Business, the government has already unveiled plans to hand local councils more power to decide whether more betting shops should open in their constituencies in order to combat ‘clustering’ of such outlets. Under current regulations, planning applications are not always required for new betting shops to open as bookmakers can move into premises left empty by business under the same category, such as banks and estate agents. The government is…

San Francisco Gate – An actor in a plush panda suit bounds across the stage with the enthusiasm of a minor league baseball mascot, flanked by acrobats atop bamboo poles, stone-faced kung-fu fighters and over-the-top visual effects rarely seen off the Las Vegas Strip. “PANDA!” — the first Chinese-produced show to take up a long-term residency on the famous tourist corridor — also takes pains to weave in Chinese folklore and motifs, including sweeping views of an ultra-modern Beijing skyline on giant LCD screens. The loose, wordless plot needs no translation. The subtext doesn’t either: A growing, confident China wants respect, not…