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 […]
Washington, DC – The amount wagered at Nevada sports books has risen by nearly 15 percent compared with 2014, according to a new analysis by the American Gaming Association (AGA) that also shows consistent growth at the state’s sports books, even as the popularity of daily fantasy sports has exploded in recent months. CHART: Amount bet […]
Washington, DC – With the NFL announcing today an extension of its agreement to play regular season games at Wembley Stadium in London through 2020, the nation’s casinos are once again applauding the League for giving the green light to playing games in a location where sports betting is a popular pastime – and legal. NFL.com reported this month […]
Washington, DC – A major investigative story in today’s New York Times exposes the clear difference between the highly regulated, legal casino gaming industry and shady illegal gambling operators that rip off consumers, fund organized crime and harm the communities in which they do business. From drop-offs of bags of cash to deceitful credit card practices, the piece paints a […]
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 […]
Washington, DC – The New York Times missed the mark in five important areas of today’s editorial (“Rein in Online Fantasy Sports Gambling”), which seemingly calls on the federal government to ban popular fantasy sports activities. #1: New York Times fails to mention the proven benefits of regulation. Prohibition on sports betting is a massive failure. Americans are finding limitless ways […]
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 […]