Podcast with Rahul Sood of Unikrn
https://ggbmagazine.com/wp-content/uploads/2020/04/Sood.mp3 In a sports-starved world, any kind of competition is king, and esports is emerging as a contender. Rahul Sood has spent the last five years building his company, Unikrn, which was the first to encourage betting on esports. With Mark Cuban as an early investor, Unikrn has solid backing, but has struggled to gain […]
Massachusetts Could Take up Sports Betting
Sports-crazy Bay Staters are hoping that the Massachusetts legislature will pass a sports betting bill before the end of the year. It could happen. State Senator Brendan Crighton, a supporter of sportsbooks, told Sports Handle, “We’ve been working on this for a few years now, and we feel like it’s been properly vetted.” He added, […]
Illinois Lawmakers OK Sports Betting Rules
Illinois sports betting stopped almost immediately after it began due to the closure of the state’s casinos in response to Covid-19. The BetRivers Sportsbook opened March 9 at Rivers Casino in Des Plaines, followed by the Sportsbook at the Argosy Casino in Alton on March 12. Governor J.B. Pritzker’s issued an executive stay-at-home order on […]
Cordish Drops Sportsbook for Live! Pittsburgh
Officials of Corish Companies told officials of the Pennsylvania Gaming Control Board last week that the company’s Pennsylvania casino licensee, Stadium Casino LLC, will not be paying $10 million for a separate sports betting license for its Pittsburgh mini-casino, Live! Casino Pittsburgh, under construction at the suburban Westmoreland Mall. Stadium Casino officials had requested that […]
NFL Draft Details Emerge
The 2020 National Football League Draft will be conducted in a virtual format, with team executives all working from their respective homes, as opposed to club facilities. NFL Commissioner Roger Goodell outlined the procedures for the April 23-25 Draft in a memo sent to the 32 teams. Club personnel will be allowed to communicate with […]
Colorado Will Meet Deadline for Sports Betting
Coronavirus shuttered most sporting events bettors could wager on and casinos to wager in, but no matter. The Colorado Limited Gaming Control Commission will approve the necessary sports betting licenses by May 1 as mandated by law. The commission granted Century Casinos licenses for retail sportsbooks in Cripple Creek and Central City, according to CDC […]
Good News for Sports Bettors: MLB Looks to Future Play
In a normal year, Major League Baseball would be three weeks into the 2020 season. But this is anything but a normal year. Like every other professional sport, baseball shut down when the coronavirus pandemic ramped up. And like other pro leagues, MLB wants to get back to games sooner rather than later. So the […]
States Open New Sports Betting Choices
On April 3, Nevada’s Gaming Control Board added the 2020 eNASCAR iRacing Pro Invitational Series and 2020 ESL One-Dota Los Angeles to its list of approved sports to bet on. The approval marked the second time in as many weeks the board has added new betting opportunities, and the first time Nevada sportsbooks have been […]
West Virginia Shuts Down Election Wagering
Within about two hours, FanDuel Sportsbook’s presidential wagering came and went. Company officials said they had received approval from the West Virginia Lottery on Tuesday, April 7 to offer betting on the November presidential election. But FanDuel abruptly dropped the market after hearing being notified by West Virginia Secretary of State Mac Warner. “I do […]
Casino Billionaire Fertitta Looking for Lenders
Tilman Fertitta, a Texas billionaire who owns a gaming and restaurant empire, is offering 15 percent interest to lenders willing to help him stay afloat until the pandemic recedes—which he figures will be around the end of the year. He seeks $250 million in what is being described as a “risky corporate loan.” Fertitta owns […]
Wynn Looks to Borrow $600 Million
Wynn Resorts plans to sell $600 million in bonds to keep the gaming giant going through the Covid-19 crisis that has shuttered its three U.S. casinos and ravaged earnings from its operations in Macau. Las Vegas-based Wynn said it plans to use the proceeds from the private five-year offering for general corporate purposes and to […]
Connecticut Council Presses for Online Gaming
The Southeastern Connecticut Council of Governments (SCCOG), which represents 22 municipalities in the region served by the state’s two tribal casinos, last week urged Governor Ned Lamont to allow by executive order—if temporarily—the Mashantucket Pequot and Mohegan tribes to offer online gaming. They see it as a way to staunch some of the hemorrhaging of […]
