March 14, 2017 By Luke Kerr-Dineen The subject of sports betting in the U.S. is a rather strange phenomenon. Because of an outdated rule based on a premise that people are less and less concerned by, the country is stuck in this strange, hypocritical middle ground: Sports betting is illegal, yet millions of people do it anyway. […]
March 17, 2017 By Daniel Roberts If you had a hard time choosing a champion when you filled out your March Madness bracket this year, don’t worry—the oddsmakers in Las Vegas weren’t sure either. At the time this year’s tournament tipped off, Vegas sportsbooks still had no clear consensus ‘favorite’ to win it all, ESPN reported. MGM Grand […]
March 21, 2017 By Dustin Gouker If you want to know what the rest of the US is missing on the sports betting front, spend some time in a Las Vegas sportsbook on the first weekend of March Madness. What happens in Vegas for March Madness… I’ve been to Vegas plenty of times before, but never for the opening weekend of […]
March 17, 2017 By Allison Torres Burtka Americans will wager $10.4 billion on March Madness this year, the American Gaming Association estimates. That’s 13 percent more than last year’s estimated $9.2 billion. The problem, according to AGA? Ninety-seven percent of that betting is illegal under the Professional and Amateur Sports Protection Act. PASPA, a federal law […]
Washington, D.C. – American Gaming Association (AGA) Vice President of Government Relations Whit Askew released the following statement after President Donald Trump included in his budget proposal $120 million to restore the Yucca Mountain nuclear waste repository: “AGA opposes any effort to revive Yucca Mountain as a repository and will work tirelessly with the many concerned citizens, […]
March 16, 2017 By Nathan O’Neal LAS VEGAS (KSNV NEWS3LV) — President Trump’s budget proposal includes $120 million in nuclear waste funding, part of which could be used toward the licensing of Yucca Mountain as a storage site in Nevada. A bipartisan coalition of Nevada lawmakers is organizing to stop it. An underground storage facility for […]
March 14, 2017 By David Purdum Americans are expected to complete 70 million NCAA tournament brackets this year, risking on average $29 per bracket and contributing to the $10.4 billion that will be bet overall on March Madness, according to estimates released Monday by the American Gaming Association. The $10.4 billion expected to be bet […]
March 14, 2017 By Karen Farkas CLEVELAND, Ohio – The office bracket pool has gotten underway as the NCAA March Madness basketball tournament approaches. While many will throw in a few dollars with their entries, big money – about $10.4 billion – will be wagered on college games, says the American Gaming Association. That number marks […]
Washington, DC – Just days before the NCAA men’s basketball tournament tips off, the American Gaming Association (AGA) is estimating that Americans will wager $10.4 billion on March Madness. The number marks a 13 percent increase over last year’s estimated $9.2 billion wagered. Of the $10.4 billion that will be wagered on the tournament in 2017, only […]
March 13, 2017 By Marc Tracy Starting in the 1970s, eight prosecutors in the Justice Department’s Public Integrity Section set up a standing meeting. Once a year, they would gather in the deputy attorney general’s conference room and run an elaborate pool for the N.C.A.A. men’s basketball tournament. “We mostly followed the law,” said Reid Weingarten, one […]