World Series of Poker

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For Bettors, Bookies, a Super Sleeper

Forecasts called for heavy action on the first Super Bowl since the U.S. Supreme Court opened the floodgates to legal sports betting nationwide. The reality didn’t quite measure up. Sports books in Nevada won more than expected, but the first Super Bowl in New Jersey was less than successful, as they dropped $4.6 million. FanDuel, which dominates the N.J. market along with DraftKings, took a loss of $5 million on its own.

States Blast DOJ Wire Act Ruling

New Jersey Attorney General Gurbir Grewal (l.) is criticizing the federal Department of Justice’s reversal on its interpretation on the federal Wire Act and openly questioning whether Las Vegas Sands owner Sheldon Adelson is behind it.

AGA: Half of U.S. States Will Turn to Sports Betting in 2019

The American Gaming Association estimates that by the end of this year, half of the 50 states in the U.S., will either have legalized sports betting or will be considering doing so. AGA Senior VP Sara Slane (l.) says more money was wagered on betting than spent on pizza and chicken wings.

Report: U.S./China Trade War Hurting LVS Shares

A report from Roth Capital Partners estimates that the trade war between the U.S. and China may be hurting the share price of Las Vegas Sands. Some experts believe that the relationship between LVS Chairman Sheldon Adelson and President Donald Trump exacerbates the damage.

Maryland Lawmakers Consider Esports

A bill has been introduced in the Maryland legislature that would provide for the addition of esports into the permissible offerings of the state’s casino and lottery industries.