Gambling Industry

Arlington Park issued layoff notices to all union employees over the weekend. The suburban Chicago track is on the selling block and current owner Churchill Downs Inc. plans selling to a non-racetrack entity. (Image: Arlington Park)

It’s Happening: Arlington Park Issues Layoff Notices to Employees

The ticking clock on Arlington Park’s 97-year history of racing sped up this weekend when employees for the iconic suburban Chicago track were issued layoff notices. According to the notice, which the Chicago Daily Herald reported, track workers will lose their jobs within 14 days of the Sept. 25 season […]

Hall of Fame trainer Bob Baffert (left), shown here leaving federal court during a Monday hearing, had his indefinite suspension by the New York Racing Association ruled unconstitutional. A Brooklyn judge said the suspension violated the trainer's due process rights. (Image: AP File Photo/John Minchillo)

Judge Rules Bob Baffert’s NYRA Suspension Unconstitutional

On the eve of Saratoga Race Course’s 2021 opening day, a New York federal judge ruled the New York Racing Association’s suspension of Bob Baffert was unconstitutional. That Wednesday ruling by Judge Carol Bagley Amon opens the gate for the Hall of Fame trainer to run his charges at Saratoga’s […]

Gov. Ned Lamont signed a Connecticut sports betting bill into law on Thursday, ending a contentious years-long process. (Image: Connecticut Governor’s Office)

Connecticut Seeks Sports Betting by Football Season

Sports betting is coming into form in Connecticut, with the two biggest players in the American industry partnering with the state’s two Native American casinos. DraftKings will partner with Foxwoods Resort Casino and FanDuel will partner with Mohegan Sun to operate both brick-and-mortar and online sportsbooks. Industry leaders enter Connecticut […]

After former Louisiana Gaming Control Board Chairman Mike Noel resigned last month, the state is scrambling to get sports betting rules established for football season. (Image: Gaming Americas)

Loss of Gaming Chairman Delays Louisiana Sports Betting

Due to a staffing issue at the Louisiana Gaming Control Board, the state’s sports bettors may have to wait until after football season begins before placing wagers. The Louisiana Legislature and state voters legalized sports betting last year, and advocates hoped that wagers could begin by the kickoff of college […]

LaMelo Ball and the Charlotte Hornets are a sleeper pick to win the Southeast Division. (Image: Neil Redmond/USA Today Sports)

North Carolina Senate Leader Expects Sports Betting Talks This Year

The North Carolina Senate leader said last week that he expects lawmakers to discuss sports betting legislation later this session. As the state Senate completes its work this week before its Fourth of July break, it will focus on other issues such as critical race theory and masks in schools. […]

This 1992 SI for Kids card graded Gem Mint 10 by PSA, the only one of its kind in existence, set a sales record for a woman sports star this weekend. (Image: TMZ)

Mia Hamm Soccer Card Sets Sales Record

A Mia Hamm soccer card nearly impossible to find in perfect condition set a sales record for a card depicting a female sports star. The 1992 Sports Illustrated for Kids card graded Gem Mint by PSA sold for $34,440 via Goldin Auctions over the weekend. It’s the only PSA 10 […]

Ohio Sen. Niraj Antani moved his sports betting efforts to another bill after House Republicans tanked his legislation with controversial transgender athlete legislation. (Image: The Economic Standard)

Lawmakers Keep Ohio Sports Betting Bill Alive with Political Maneuvers

The same kind of political maneuvering that hurt gamblers with the passage of an anti-online poker bill in 2006 might benefit potential Ohio sports betting in 2021. Legislators who want to legalize sports wagers in the state moved their efforts to an unrelated bill (House Bill 29) dealing with creating […]

AEG founder Philip F. Anschutz poses with the team and the Stanley Cup after defeating the New Jersey Devils in Game Six of the 2012 Stanley Cup Finals at Staples Center on June 11, 2012 in Los Angeles, California. The Kings defeated the Devils 6-1 to win the series 4 games to 2.  (Image: Christian Petersen/Getty)

AEG Founder Selling LA Lakers Stake to Dodgers, Sparks Owners

Philip F. Anschutz is set to sell his stake in the NBA’s LA Lakers to LA Dodgers owners Mark Walter and Todd Boehly. Anschutz, founder of the entertainment and sports conglomerate AEG, owns 27% of the Lakers. The proposed sale still needs approval by the NBA’s Board of Governors. Assuming […]

David Robinson, former San Antonio Spurs

Michael Dell, Sixth Street Partners Join Spurs Ownership Ranks

Texas billionaire Michael Dell and the investment firm Sixth Street are the newest members of the San Antonio Spurs ownership group. Their combined 30 percent stake allowed other minority owners to cash out of their profitable Spurs investment. According to Forbes, the San Antonio Spurs franchise is worth $1.85 billion. […]

The Maine Legislature sent sports betting legislation to the governor this week, and they await to see if she will sign it after vetoing a bill last year. (Image: Portland Press Herald)

Maine Sports Betting Bill Awaits Governor’s Signature

Maine legislators finally crafted sports betting legislation amenable to most of the state Legislature, but now the bill may face its biggest stumbling block – Gov. Janet Mills. Lawmakers finalized the legislation during a special session last week. The sports betting bill would allow both online and brick-and-mortar wagers on […]

The Monmouth Park toteboard is due for some changes on the win-place-show side when fixed-odds wagering takes effect. New Jersey Gov. Phil Murphy is expected to sign the bill legalizing fixed-odds horse wagering in time for the July 17 Haskell Stakes. (Image: Seth Wenig/AP Photo)

New Jersey Legislators Pass Fixed-Odds Wagering in Time for Haskell

New Jersey took another step toward fixed-odds horse racing wagering on Monday when the bill legalizing that brand of wagering unanimously passed both legislative houses. After clearing the state senate 40-0 and the state assembly, 74-0-1, it now heads to Gov. Phil Murphy’s desk for his expected signature. The Thoroughbred […]

Dustin Johnson has Wayne Gretzky rooting for him. (Image Getty)

Wayne Gretsky, Steve Nash Join Vegas NLL Lacrosse Ownership Group

Wayne Gretzky, Steve Nash, and Dustin Johnson have joined the group owning the Las Vegas National Lacrosse League (NLL) team. Tony Tsai, owner of basketball’s Brooklyn Nets and New York Liberty, became the primary owner of the newest NLL team in May. Lacrosse is one of Canada’s most popular sports, […]

In 2014, (Image: Phil Parsons Racing)

NASCAR Cryptocurrency Sponsorships: Crashes and Cashes

NASCAR driver Stephan Parsons didn’t have much luck with his cryptocurrency-sponsored car. The “DogeCar” crashed on lap 71 during Saturday’s Xfinity race, but that won’t be the last of the DogeCar or NASCAR’s relationship with cryptocurrency. Cars have been sponsored by everything from adult diapers to rock bands. So, NASCAR’s […]