Stock market traders and chess players — that’s who’s playing DraftKings, according to CEO Jason Robins, who told a crowd of casino executives last week in Las Vegas that fewer than 15 percent of the players on his site make wagers in traditional sports books. What he didn’t mention was growing online criticism at the […]
Washington, DC – As the NFL prepares to host a slate of games in London beginning tomorrow, the American Gaming Association (AGA) is lauding the league for playing games in a city and country where legal sports betting on NFL games takes place in neighborhoods surrounding the playing field and is only growing in popularity. The New […]
At the casino industry’s biggest trade show this week in Las Vegas, the hottest topic is a growing business that’s left major players like MGM Resorts International out of the action: fantasy sports. The two leaders, DraftKings Inc. and FanDuel Inc., raised a total of $575 million in July from investors including KKR & Co., 21st […]
Sports betting and daily fantasy sports dominated the conversation Tuesday at a gaming conference here, but nothing was resolved in the debate about whether DFS is gambling. Still, it was great to see sports betting have such a big part at the Global Gaming Expo (G2E), which is held at the Sands Expo & Convention […]
New Caesars Entertainment Corp. CEO Mark Frissora said he’s been shocked at the casino industry’s lack of innovation in appealing to younger would-be gamblers. “The time is now,” he said, speaking Wednesday on a panel at the industry’s annual trade show, the Global Gaming Expo, in Las Vegas. Frissora described himself as an outsider during […]
Las Vegas, Nevada – A new report out today by Virginia Commonwealth University’s Dr. Jay S. Albanese details the strong ties between illegal gambling operations and organized crime organizations in the U.S. The prevalence of illegal gambling has been so significant that, in 2014 alone, 80 operators in 23 states were convicted of running illegal gambling businesses. […]
BILOXI – The nation’s casino owners and gambling machine makers say they want to team with states to crack down on illegal gambling. Speaking to the National Association of Attorneys General on Monday, American Gaming Association President Geoff Freeman called on state legal leaders to join with his group, saying they “have a shared interest in […]
By Howard Stutz After billionaire Donald Trump trashed Atlantic City during the nationally televised Republican presidential candidates’ debate, Geoff Freeman had to be smiling to himself. Not because of what Trump said. Rather, it was the setting in which the former casino owner, New York real estate developer and GOP presidential candidate uttered those remarks. […]
Nevada is an important state for 2016 presidential candidates, and the casino lobby is trying to make sure its industry is considered important too. Geoff Freeman, president of the American Gaming Association, recently sent a letter to candidates arguing that because Nevada is a key battleground state, presidential hopefuls need to recognize the contributions of the state’s […]
By Steve Tetreault WASHINGTON — The gaming and resort industries on Tuesday staked out a spot in the presidential race taking shape in Nevada, reminding leaders of their importance to the state’s economy, as well as the votes of thousands of their workers. “As you engage with presidential campaigns and candidates, officially or unofficially we urge […]