Sports betting advertisements in New York will have to include much stronger warnings about the dangers of problem gambling thanks to a raft of new regulations recently signed into law by Governor Kathy Hochul. The new provisions mandate that gambling ads, including those for casinos, must include the number to a problem gambling hotline and […] The post NY Beefs Up Gambling Ad Rules appeared first on CAP ..read more

Last week Congressman Paul Tonko (D-NY) and Senator Richard Blumenthal (D-Connecticut) introduced the SAFE Bet Act, a proposed set of federal laws governing the gaming business as a whole and the sports betting business in particular. Reactions to the bill, which would severely limit gambling advertising, among other things, were not particularly positive, especially from […] The post Reactions to Proposed SAFE Bet Act Are Decidedly Negative appeared first on CAP ..read more

Bet365 is spearheading a major US expansion with the opening of its new offices in Denver, Colorado. The company’s new corporate headquarters in the Mile High City is expected to create at least 1,000 new jobs ranging from human resources to customer service positions. Located at One Platte, or 1701 Platte Street, Bet365’s new US […] The post Bet365 Opens New Denver Headquarters appeared first on CAP ..read more

BetMGM is partnering with Gannett Co. Inc. on a multi-year media partnership that covers hundreds of print and digital outlets. It’s a massive deal that co-mingles traditional sports media and player acquisition across a massive media landscape. Under the terms of the deal, BetMGM will be providing betting odds, moneylines, spreads and over/unders to Gannett […] The post BetMGM Inks Multi-Year Media Partnership with Gannett appeared first on CAP ..read more

The Nevada Gaming Control Board (NGCB) are working to change state regulations that allow trespassers and excluded players to collect winnings from casino operators. The proposed changes would change the definition of a patron and require casinos post signs saying that cheaters and excluded players are not eligible to collect winnings (though they would still […] The post Nevada Moves to Withhold Excluded Players’ Winnings appeared first on CAP ..read more

Representatives of the gaming industry are reacting to the proposed SAFE Bet Act, which would limit gambling advertising and kill bonus offers entirely, and are generally not enthused. Sponsored by Congressman Paul Tonko and Senator Richard Blumenthal is being described as “misguided” and “mind-boggling” by lawmakers and state gaming regulators. At a Semafor News event […] The post Gaming Industry Reacts to Proposed SAFE Bet Act appeared first on CAP ..read more

A new study from the British Gaming Council (BGC)estimates that 1.5 million British citizens are still gambling on black market sites. Conducted by Frontier Economics on behalf of the BGC and titled “The size and economic costs of black market gambling in Great Britain“ the report estimates that those 1.5 million outlaw Brits are spending […] The post BGC Says 1.5 Million Brits Gamble on Black Market Sites appeared first on CAP ..read more

A Michigan man was arrested this week and charged with eight felonies after allegedly making $2 million in fake deposits and $88 million in fraudulent bets with Caesars Sportsbook. The ambitious bettor is facing decades in prison if found guilty on the charges and is currently out on bail. Jeffrey Saco, 38 alleged scheme started […] The post Michigan Man Arrested for $88M Caesars Betting Spree appeared first on CAP ..read more

Earlier this week MLB Players, Inc., the professional baseball players union, filed two separate lawsuit against four sportsbooks alleging that the operators used images of players without their permission. The lawsuits cover images that were used to promote both sports betting and fantasy products across several states. If successful, the lawsuits could drastically change how […] The post MLB Player Sue Sportsbooks Over Image Use appeared first on CAP ..read more

A new report detailing the scope of Australians’ gambling losses is fueling new demands for extensive gaming reform from Aussie anti-gambling groups. The Alliance for Gambling Reform pounced on the report from the Queensland government pointing out that Aussie gambling losses have climbed from $25 billion in 2018-2019 to $32 billion in 2022-2023. Those losses, […] The post Aussie Gambling Reformers Pounce on Loss Report appeared first on CAP ..read more