Online Gambling Stocks Take Downturn Amidst COVID Reopening

DraftKings’ Stock Price

DraftKings’ stock price is down significantly since February. Other online casino and sportsbook operators have been harder hit. This trend could continue in the future. LAS VEGAS – Online gambling stocks have taken a downturn as regular casinos open up, and the downswing is significant. DraftKings’ stock price has fallen 17% since February, and there…

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Maryland Could Focus On Small Businesses With Sports Betting Bill

Maryland Sports Betting

Maryland is set to legalize sports betting this legislative session. Their bill will also allow for small businesses and minority-owned businesses to participate in the market. If passed with such a clause, it will be the first in the nation. LAS VEGAS – Maryland’s sports betting legalization process has begun to explicitly include women and…

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North Carolina Opens Retail Sportsbooks Before March Madness

Harrah's Cherokee Valley River

North Carolina legalized sports betting in July of 2019. Sports betting opened in NC on Thursday. There is only retail sports betting in NC, with two authorized locations. LAS VEGAS – North Carolina’s sports bettors will be getting a March Madness gift as sports betting opens in the state just in time for the NCAA…

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Online Gambling Community Proven With Twitch Live Stream

Twitch Live Stream Gambling

Twitch.tv is a well known streaming service for online gaming. There is a thriving Twitch community of people streaming online slot gameplay. Many of these players are sponsored by online casinos, which presents potential conflicts of interest. LAS VEGAS – Many gamblers are familiar with the streaming website Twitch.tv, as it hosts several sporting events…

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The House Always Wins: Compulsive Gambler Sues Casino

Caesar’s Windsor

A compulsive gambler in Canada is suing the casino he gambled in. He alleges that the casino was aware of his condition and encouraged him to gamble. He further alleges that they should have known he was banned from casinos. WINDSOR – A compulsive gambler in Canada, Tarwinder Shokar, is suing the casino he gambled…

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W.V. Lottery Officials Seek Help To Launch Online Casinos

West-Virginia-sportsbetting

West Virginia became the fifth state in the U.S. to legalize online casinos in poker in March of 2019. Lottery officials from W.V. met with lottery officials in Pennsylvania to see how online sportsbooks and online casinos could integrate. West Virginia currently has two active online sportsbooks in DraftKings and FanDuel. CHARLESTON, W.Va. – West…

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