This Week in Gambling

With the presidency of Donald Trump coming to an end, expectations are that Net Neutrality will return with the appointment of a new Chairman of the FCC. The current Chairman, Ajit Pai, is a Trump appointee. He has announced that he is leaving office by January 20th, leaving a legacy of higher internet prices. Pai helped to destroy Net Neutrality during his time at the helm of the FCC. And, as predicted, ISP costs to users have gone up since that time while performance has remained stagnant. Net Neutrality is the principle that all traffic on the internet must be…

In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson announced he was receiving treatment for non-Hodgkin’s lymphoma. Mr. Adelson recently resumed his cancer treatment and will be taking a leave of absence as of today from his role as chairman and chief executive officer of both Las Vegas Sands and Sands China Ltd. The companies’ boards of directors have named Robert G. Goldstein, currently Las Vegas Sands’ president and chief operating officer, as acting chairman and acting chief executive officer of both organizations while Mr. Adelson is on medical leave. Las Vegas Sands is the…

Don’t look now, but the Philippines online gambling industry is looking to add horse racing and cock fighting to their offerings. This after a recent decision allows land based casinos their take both online and mobile bets from locals. That decisions comes as the Philippines seek to expand their online betting industry by both allowing residents to bet, and by targeting more overseas markets. It comes amid falling gaming revenues as a result of the Coronavirus pandemic. The dog and horse racing offers would target players in America and Britain, while cockfighting would target players in South America. You can…

Earnings from the regulated US sports betting market could be over $3 billion for 2021. This according to a report from VIXIO Gambling Compliance. The same report estimates that up to 14 additional states regulating the activity this year, and that the market could generate over $10 billion by 2026. Their report comes as New York Governor Andrew Cuomo changes course on his opposition to mobile sports gambling, opening the door for the regulation of the lucrative market there. It also could take a significant share out of New Jersey’s betting market. Sara Slane, former official with the American Gaming…

Virginia online sports betting is growing ever closer to launch, and hopes are that wagers could be placed by residents even before the Super Bowl! Estimates are that the market could wager over $400 million this year. Betting on sports was approved some time ago, but the state will have no land based sports books. Only online betting is permitted under the state law. Expectations are that the Virginia Lottery will green light dozens of betting websites in the state. Sites that will be able to legally accept bets from state residents on a variety of sports. However, wagers are…

We kick off the New Year with gambling news from Las Vegas, as well as California, Michigan and New York State! Also, there is a new World Series of Poker champion! Happy freaking New Year everyone! Jay Todd back after my two weeks off for the holidays. I could have used three weeks off, but whatever. Let’s get caught up with all the gambling news we’ve missed while I was away with this week’s big stories! For the 51st year in a row we have a new World Series of Poker champion! Last years WSOP wrapped up over the first…