This Week in Gambling

Caesars Entertainment announced today that the WSOP moves to the Las Vegas Strip next year! The 53rd annual World Series of Poker will be held at their Bally’s and Paris Casinos from May 31st to July 19th, 2022. Additionally, actor and comedian Vince Vaughn has been named as the event’s official celebrity Master of Ceremonies. Following a successful 17-year run at the Rio All-Suite Hotel & Casino, the WSOP continues its tradition as the largest, richest and most prestigious gaming event in the world at an all-new location. For the first time, the WSOP will be held at the heart…

Yes, we’re talking about mobile sports betting again… and just in time for the Thanksgiving break! On our last show before the holiday we reveal the operators approved to operate in New York state, and the tax rate those operators will have to pay! We’re also still waiting on a decision from a judge about Florida sports betting! Plus, there is news on the Bicycle Casino in California, and we have a new interview to share! Back around Halloween I told you guys about the preposterous tax rate being proposed by New York state for mobile sports betting. A tax…

The Bicycle Casino near Los Angeles seems to have forgotten some things. You don’t tug on Superman’s cape, you don’t spit into the wind, you don’t pull the mask off the Lone Ranger, and you don’t mess around with the Internal Revenue Service. The casino has been hit with a fine of half a million dollars for not properly reporting cash transactions of over $10,000 on multiple occasions over an 8-month period back in 2016. And yes, we’re just learning about this now. It seems a customer (who was a Chinese national) brought about a hundred million dollars to the…

J.Todd attends the Global Gaming Expo and speaks with the AGA’s Senior Vice President for Strategic Communications, Casey Clark, about the US sports betting market. Discussion includes how the pandemic may have actually helped the online sports betting industry, and how mobile sports betting may help the spread of online gambling in America. Legal sports betting is available online and in casinos across several American states in the country. Web based sports books are legal in over 30 states now, and that list will only get longer as other states see the economic benefits of regulating the activity. This was…

Although betting on sporting events is now legal within its borders, the Gaming Control Board has announced that Louisiana online sports betting is not quite ready for the public. The state approved and legalized sports wagers back in June, and land based sports betting launched earlier this month. Despite this, however, the regulation of gambling over the internet has caused additional issues. And now the state police are involved. Law enforcement is still in the process of trying to verify web-based sports book partners so that Louisiana online sports betting licenses can be issued. State Gaming Control Board Chairman Ronnie…

The complex and far reaching consequences of Florida sports betting may finally come to an end this Monday, as a Federal Judge says she will most likely issue her summary judgment on this matter by November 15th. You may recall that this case began in May when the state of Florida entered into an agreement with the Seminole Tribe, granting them exclusive rights to the sports betting action in the state. All bets would go through their servers on Tribal land. But with so much money up for grabs, not everyone was happy about the decision. Lawsuits were filed which…