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ESPN, long a big name in sports, lends its name to sports betting

Aug 10, 2023
Gaming company Penn Entertainment is paying $2 billion over 10 years to use ESPN's name in its gambling app and website.
Sports betting is a growing market in the U.S. ESPN made $2 billion in its deal to license its brand to Penn Entertainment's betting app and website.
George Rose/Getty Images

California voters will soon weigh in on sports betting

Nov 1, 2022
Several tribes are asking voters to pass a measure that would allow sports gambling on tribal lands and race tracks. Opponents say it could hurt card rooms.
The Gardens Casino is the economic engine of the city of Hawaiian Gardens in Los Angeles County. Some cities that rely on card room revenue are opposed to proposition 26.
Megan Jamerson

Tax revenue vs. temptation: Legalized online sports betting creates a dilemma for problem gamblers

Sep 6, 2022
Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?
“Americans have always bet on sports," says John Holden of Oklahoma State University.
Roslan Rahman/AFP via Getty Images

The gambling industry is seeing historic revenue numbers

May 13, 2022
Pent up demand and the expansion of online gambling and sports betting are giving the industry a boost.
Casinos are putting up pre-pandemic numbers.
Getty Images

Ping pong, anyone? Sports fans find new games to bet on during the pandemic

Jul 16, 2020
While U.S. pro sports leagues suspend play, table tennis, darts and other more obscure competitions find new fans.
Sports fans have had to look elsewhere for betting opportunities. Above, the final match of the Düsseldorf Masters table tennis competition.
Lars Baron/Getty Images

Atlantic City benefits from early wager on legal sports betting

Jul 29, 2019
Total gaming revenue at Atlantic City’s casinos is up about 20% on last year, but the city is now starting competition from neighboring states.
Bruce DeFino came from Long Island to place sports bets in Atlantic City.
Miles Bryan

Regulators in Kenya concerned about growing popularity of online gambling

May 31, 2019
Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
A billboard advertising a popular sports betting site is seen along a highway in Nairobi, on November 8, 2017.
ONY KARUMBA/AFP/Getty Images

For public good, not for profit.

Now that states can legalize sports betting, venture capital wants in

Apr 8, 2019
One investor says sports bets could evolve into a different type of asset.
Sports Adviser Stuart Feiner, who was portrayed by actor Al Pacino in the film "Two for the Money," displays his betting tickets on Major League Baseball at Dover Downs Casino on June 5, 2018 in Dover, Delaware.
Mark Makela/Getty Images

NFL inks first leaguewide gambling sponsorship

Jan 4, 2019
The NFL has partnered with casino operator Caesars Entertainment as the league’s first official casino sponsor.


The NFL draft has evolved over the years
Doug Pensinger/Getty Images

How much will sports leagues make from legal betting?

Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Guests attend a viewing party for the NCAA men's college basketball tournament inside the Race & Sports SuperBook at the Westgate Las Vegas Resort Casino in March.
Ethan Miller/Getty Images

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