January 27, 2016 By Thomas Barrabi Americans will wager billions of dollars on the Super Bowl 50 clash between the Denver Broncos and the Carolina Panthers on February 7th, but only a fraction of those bets will be placed legally, according to estimates released by the American Gaming Association, a casino industry trade group. Of […]
January 27, 2016 By J.D. Morris Americans are poised to wager $4.2 billion on the upcoming Super Bowl 50, with the vast majority of those bets expected to be placed illegally, according to a projection released today by the casino industry’s main lobbying and trade group. The American Gaming Association said its sports betting projection for the […]
Washington, DC – American Gaming Association (AGA) President and CEO Geoff Freeman today released the following statement in agreement with Association of Tennis Professionals (ATP) Executive Chairman and President Chris Kermode, who sought to distinguish legal, regulated sports betting from the corruption that it helps to prevent: “Gaming companies provide a mainstream, legal form of entertainment and should […]
By David Purdum Jan. 12, 2016 Pennsylvania is joining the push to legalize sports betting in the United States. Rep. Rob Matzie has introduced a resolution urging Congress to lift the federal ban on sports betting and allow states that have legalized casino gaming to offer sports betting through the licensed facilities. “In order to protect the […]
The gaming industry’s largest trade group said Wednesday it will spend 2016 determining if “a rational alternative” exists to the nation’s current sports wagering laws, which legally allows the activity to take place in just four states. In a statement, the Washington, D.C.-based American Gaming Association issued several recommendations while calling for “a major shift” […]
Calling it a “major shift” in the casino industry’s approach to gambling on sports, the American Gaming Association today revealed plans to assemble a group focused on carving out a potential new path for the legal sports betting industry. The Washington, D.C.-based casino lobbying group said it will create a “broad coalition” charged with […]
Las Vegas, NV – Following months of study and deliberation, the American Gaming Association’s (AGA) Board of Directors today issued a set of recommendations that mark a major shift in the industry’s approach to sports betting, which is currently illegal in all but four states. AGA will build a broad coalition that will determine whether a […]
Washington, DC – As part of the American Gaming Association’s “Stop Illegal Gambling – Play it Safe” initiative, the nation’s top law enforcement and national security agency and the casino gaming industry are cooperating to combat illegal gambling in the United States by touting the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3). The online […]
Washington, DC – Clubs Australia and the American Gaming Association (AGA) today united to call for a global approach to tackling the unregulated, unsafe and un-taxed illegal online gambling market. The two organizations also committed themselves to forming an international alliance on the issue, in which both parties will collaborate to raise awareness of the risks illicit […]
There are at least 1.3 billion reasons why the operators of DraftKings and FanDuel are beginning to sweat. The two largest daily fantasy sports companies were each valued at $1.3 billion this year by the investment community. Both companies, fueled by hedge funds, investment firms, billionaires, and professional sports leagues, were considering initial public offerings […]