Business and Commerce

DraftKings has launched the first retail sportsbook in New Hampshire at The Brook in Seabrook. (Image: DraftKings)

Online Sports Betting Update: Connecticut and Texas File New Bills

In the wake of the pandemic, more states are pushing through online sports betting bills. Connecticut, which had a number of bills fail in previous sessions, may finally have a winner. Even gambling-averse Texas recently filed an online sports betting bill. A number of states rushed to legalize sports betting […]

Historical Horse Racing (HHR) machines resemble slot machines, which are banned in Kentucky. They provided $2.2 billion to Kentucky's economy in 2019 and are a major economic engine for the state's key Thoroughbred industry. (Image: Canadian Thoroughbred Magazine)

Kentucky Supreme Court Rejects HHR Appeal, Lawmakers Up Next?

In the latest salvo fired in the ongoing debate about historical horse racing (HHR) machines in Kentucky, the state’s Supreme Court denied an appeal from the Kentucky Horse Racing Commission requesting a second opinion on the legality of those machines. The Kentucky Supreme Court refused to reconsider its Sept. 24 […]

Atlanta Dream players walk by a Black Lives Matter graphic at the Feld Entertainment Center in Florida. Dream co-owner was critical of WNBA's BLM messaging.

If Kelly Loeffler Is Out as Atlanta Dream Owner, Is LeBron James In?

The WNBA confirmed on Tuesday that the Atlanta Dream will soon have a new owner. The pending sale, first reported by the Atlanta Journal-Constitution, will likely displace Kelly Loeffler, providing leadership more in step with the league and its players. Loeffler wedged herself between a rock and a hard place. […]

Mean Joe Greene drank more than 18 Cokes while making this iconic 1979 Super Bowl ad. (Image: Coca-Cola)

Coca-Cola Among Big Brands Bowing Out of Super Bowl 55 Ads

Last year, advertisers spent a record-breaking $435 million on Super Bowl ads, according to Kantar Media. This year probably won’t break any records, however, now that Coca-Cola, Pepsi, and Hyundai have decided to pass. A number of factors contributed to last year’s record Super Bowl ad spend. The NFL’s regular-season […]

Saudi Prince Khalid bin Abdullah created a breeding powerhouse on both sides of the Atlantic. One of the most respected owners and breeders in the world, Prince Khalid died Tuesday at 83. (Image: Trevor Meeks)

Powerhouse Owner, Breeder Prince Khalid bin Abdullah Dies at 83

Tributes from all over the racing world poured in Tuesday, remembering Prince Khalid bin Abdullah, who died Tuesday of undisclosed causes. The Saudi prince and nine-time Eclipse Award winner as owner and breeder was 83. A member of the Saudi Royal Family, Prince Khalid owned Juddmonte Farms, which announced the […]

in 2015, Sheldon Adelson bought the Las Vegas Review Journal, the largest daily paper in Nevada. (Image: Ethan Miller/Getty)

Renowned Casino Mogul Sheldon Adelson Died Within Days of Leave

Las Vegas Sands founder Sheldon Adelson died on Jan. 11 at age 87. He died within days of taking a leave of absence as the company’s CEO to restart cancer treatments. Adelson successfully built a casino empire and amassed billions, but his political and online gaming legacy may prove as […]

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Shay Segev announced he is leaving his post less than a week after the company turned down an $11 billion takeover offer from online betting partner MGM. Segev said he’s headed to digital sports broadcaster DAZN and will join James Rushton there as a co-CEO. Speculation has run […]

Kansas City Chiefs' Byron Pringle ran a kickoff back for a touchdown on Oct. 25. The (Image: Jack Dempsey /AP)

Sportsbooks Could Get New NFL Futures Contracts to Hedge Risk

A new set of NFL futures contracts could help sportsbooks and stadium owners offload unwanted risk. If approved, Eris Exchange, LLC (ErisX), will offer moneyline, point spread, and over/under futures contracts for every NFL game. While sports bettors won’t be able to trade these contracts, they could benefit from better […]

Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast Enough?

Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast Enough?

In an industry-defining about-face, the Las Vegas Sands Corporation is likely to open online gambling operations this year, despite previous resistance from the company’s chairman Sheldon Adelson. But does the Sands have enough in reserve to reverse its decades-long, anti-online stance and spin up a viable online product? Adelson Created […]

Golden Gate Fields received the go-ahead to re-open after a COVID-19 epidemic ravaged the track's employees. The Northern California track closed for two months. (Image: Golden Gate Fields)

Golden Gate Fields Gets Go-Ahead to Restart After COVID-19 Outbreak

Golden Gate Fields, shut down in November after a COVID-19 breakout ravaged its workforce, will resume racing Jan. 15, according to track owners, The Stronach Group. That ends a two-month shutdown of the Northern California track imposed when 24 workers initially tested positive for COVID-19. In the wake of that, […]

How MGM’s New CFO Jonathan Halkyard Had a Hand in Tanking Caesars

How MGM’s New CFO Jonathan Halkyard Had a Hand in Tanking Caesars

After two failed attempts to acquire online gambling partner Entain, MGM Resorts International named Jonathan Halkyard as its new chief financial officer Thursday. He comes with experience handling complex mergers, instituting extreme cost-cutting measures, and dealing with private equity acquisitions, including several that preceded the biggest bankruptcy in gaming history. […]

Oaklawn Park opens its 2021 season allowing an unspecified "limited" amount of spectators inside. (Image: Tom Ferry)

Oaklawn Park Will Allow Limited Spectators Inside for 2021 Meet

Oaklawn Park officials said Wednesday they plan on admitting limited spectators inside the gates for their 2021 meet, keeping in line with an Arkansas Department of Health directive allowing the move. The 57-day Oaklawn meet begins Jan. 22 and runs through May 1. Last year, Oaklawn was one of only […]

Churchill Downs Inc.'s TwinSpires ADW app is one of the most popular among horseplayers. The company hopes its popularity will rub off on its newly branded TwinSpires sportsbook wagering platforms. (Image: Churchill Downs Inc.)

CDI Bets You’ll Like Rebranded TwinSpires More Than BetAmerica

Seeking a single-brand strategy for its sports wagering and online platforms, Churchill Downs Inc. announced Tuesday it will discontinue using its BetAmerica brand. Instead, it moves that segment of its business to its familiar TwinSpires brand. According to a release announcing the move, the transition begins later this month, when […]

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

With tech giants like Amazon emerging as players in NFL broadcasting, ESPN is staking its reputation on streaming this weekend with its first-ever NFL “MegaCast.” The idea is to broadcast the Ravens vs. Titans wild-card game at 1:O5 p.m. ET across six Disney-owned networks with different viewer experiences on each. […]

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

UFC regulars will pay more to watch premiere fights starting Friday, as ESPN Plus will up its pay-per-view rates on select matches. The price increase coincides with parent company Disney’s focus on streaming services and partnerships with sports betting operations. ESPN’s streaming service is the exclusive broadcast home of the […]