Gambling Industry

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 […]

Cleveland Browns QB Baker Mayfield celebrates Jarvis Landry throwing a TD on a trick play against the Dallas Cowboys. (Image: John Kuntz/AP)

Ohio Sports Betting Moves Step Closer to Reality

After a long battle in the state Senate, a bill that would legalize sports betting in Ohio passed that state body of government this week. Senate Bill 176 passed by a nearly unanimous vote of 30-2, but only after numerous committee meetings and amendments molded it into legislation that was […]

A proposal merging fantasy sports and pari-mutuel wagering could be the first step toward sports wagering in the Golden State. (Image: Ethan Miller/Getty)

California Could Merge Fantasy Sports and Pari-Mutuel Wagering

Fantasy sports meets pari-mutuel wagering and spawns visions of an endless revenue stream for California. That’s the dream, and an actual possibility, by this coming August if a proposal by the California Association of Racing Fairs (CARF) gains traction with the California Horse Racing Board. CARF officials presented the proposal […]

Kentucky Derby winner Medina Spirit remains the focus of a legal battle over his urine sample. On Wednesday, a Kentucky judge allowed further testing on the colt. (Image: Churchill Downs/Coady Photography)

Judge Grants Baffert’s Request for More Testing of Medina Spirit’s Urine

Kentucky Judge Thomas Wingate granted permission on Wednesday for a urine sample of Kentucky Derby champion Medina Spirit to undergo extra testing at a New York lab. Blood-Horse first reported that Wingate, a Circuit Court Judge from Franklin, Kentucky, specified the details for the sample’s transfer from the Kentucky Horse […]

Bob Baffert filed suit against the New York Racing Association Monday, claiming the organization had no legal jurisdiction to suspend him. (Image: Charlie Riedel/AP File Photo)

Baffert Continues Legal Offensive, Sues NYRA Over Suspension

Remaining on the legal offensive, even as he keeps a low profile, Hall of Fame trainer Bob Baffert filed a lawsuit against the New York Racing Association Monday. The suit claims Baffert’s right to due process was violated when the organization suspended him. The Thoroughbred Daily News first reported that […]