The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPNBet. CEO Jay Snowden told staff members in an internal email that the changes will enhance operational … Read more
LAS VEGAS — The Mirage is about to vanish from the Las Vegas Strip. Gambling ends and the doors close Wednesday at the iconic tropical island-themed hotel-casino that opened in 1989 with a fire-spewing volcano outside, and Siegfried & Roy’s lions and dolphins inside. Frenzied final days have seen standing-room crowds wagering to win $1.6 … Read more
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics. Sopa Images | Lightrocket | Getty Images Sportsbooks and daily fantasy operators are preparing for a Summer Olympics bump. The games in Paris, set to start July 26, will … Read more
ATLANTIC CITY, N.J. — It might have seemed too good to be true, but there it was, and on April Fool’s Day, no less: One of the country’s leading sports books was taking bets on mixed martial arts fights that had already happened a week earlier. FanDuel accepted 34 bets on the fights that were … Read more
The United Kingdom’s gambling watchdog is investigating candidates from that country’s Conservative Party as well as the party’s campaign chief and a bodyguard for British Prime Minister Rishi Sunak over allegations they bet on the upcoming British election. The news comes just weeks before voters head to the polls. The scandal unfolded quickly and resulted … Read more
The former interpreter for Los Angeles Dodgers star Shohei Ohtani pleaded guilty to bank and tax fraud on Tuesday and admitted to stealing nearly $17 million from the Japanese baseball player to pay off sports betting debts. Ippei Mizuhara ’s crimes stunned the baseball world, shattering his image as Ohtani’s shadow at ballparks around the U.S. He entered his … Read more
As online gambling sites become more prevalent in Ontario, experts are warning that kids could be collateral damage. As online advertisements geared towards sports gambling seem to be everywhere these days, staff at The Centre for Addiction and Mental Health (CAMH) say their problem gambling service has started seeing younger people come in. “We have … Read more
LAS VEGAS — The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an era for a property credited with helping transform Sin City into an ultra-luxury resort destination. The July 17 closure will clear the way for major renovations and construction on the 80-acre (32-hectare) property, … Read more
Resorts World Las Vegas President Scott Sibella speaks during the opening of Resorts World Las Vegas on June 24, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images The former president of the MGM Grand casino in Las Vegas is set to be sentenced Wednesday afternoon on a federal criminal charge related to his … Read more
LOS ANGELES — A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash. Scott Sibella pleaded guilty in January to violating federal anti-money laundering … Read more
