Gambling Industry

Phil Mickelson Linked to Illegal Sports Betting, But Not Facing Charges

Phil Mickelson will try and complete the career Grand Slam next week at Oakmont Country Club when the 116th United States Open commences outside of Pittsburgh, Pennsylvania. This week, however, Mickelson is in Memphis, Tennessee, for the FedEx St. Jude Classic where the 42-time PGA Tour winner is fielding questions […]

NBA Commissioner Adam Silver Calls for Legalized Sports Betting

NBA Commissioner Adam Silver is leading the way of the United States’ so-called “Big Four” professional sports leagues when it comes to sports betting and gambling. Appearing May 24 on ESPN’s “SportsCenter,” Silver said of sports betting, “As I began to study this issue I realized that there’s this enormous, […]

Daily Fantasy Sports Congressional Hearing Much Ado About Everything But Action

Daily fantasy sports (DFS) has been highly discussed in state capitol buildings across the country over the last 24 months, but on Wednesday the divisiveemerging online gaming market made its way to Capitol Hill. Titled “Daily Fantasy Sports: Issues and Perspectives,” the House Subcommittee on Commerce, Manufacturing and Trade deliberated […]

Saturday’s Kentucky Derby Could Set New Horse Racing Records

The 142nd Kentucky Derby posts at 6:34 ET Saturday at Churchill Downs in Louisville, Kentucky, and the first leg of the Triple Crown is ready to perhaps set new records for both viewership and total money wagered. Of the 22 horses scheduled to post in the gate, California owner Paul […]

Leicester City Overcomes 5,000-1 Odds to Win Premier League Title

The Leicester City Foxes are champions of the 2015-2016 Premier League. 12 months ago, a sentence combining “Leicester” and “champions of the Premier League” was restricted to satire. Listed at 5,000-1 odds of winning England’s marquee football competition to begin the season, Leicester City pulled off the unthinkable, and today […]

Daily Fantasy Sports Accused of Elevating Online Gambling Addiction Rates

Daily fantasy sports (DFS) is breeding a supplementary demographic of online gambling addicts, at least that’s according to a new report issued this week by Kaiser Health News (KHN). The California-based non-for-profit healthcare publication concludes that a drastic rise in calls to the state’s problem gambling hotline in 2015 directly […]