About the Author
Chris Gerlacher
Latest articles
New York State Could Gain $484 Million in Potential Revenue From Online Casinos
New York has emerged as a national hotspot for online sports betting. It broke the mobile sports betting handle record previously held by New Jersey in its first three weeks. State Senator Joseph Addabbo’s New York online casino bill, S8412, would legalize online slots and table games in New York. If this bill passed, New […]
How To Catch Causes Of Political Change Before The Media
Political bettors who can catch on to the causes of political change before those changes show up in poll results can get a big win for themselves. Political and social change can be hard to catch before it shows up at the ballot box. But the signs of early transformations are on the ground for […]
Tom Brady’s NFT Company Raises Millions In Series B Funding Round
Tom Brady’s NFT company, Autograph, announced that it raised $170 million in its series B round of funding. This comes after July’s announcement of a partnership with DraftKings, showing that Autograph is gaining traction among major companies. Popular sports stars have already used Autograph’s services. Naomi Osaka released a manga collection through Autograph. Customers can […]
Michigan Online Gambling One Year Later – Online Casinos Made The Most
Michigan online sports betting is part of an interesting pattern in Michigan’s gambling industry. Together, online sports betting and online casinos exceeded tax revenue expectations. However, projections for online sports betting came in way under early projections. Online casino games not only made up most of Michigan’s online gambling tax revenue, it exceeded expectations far […]
New Iowa Online Sportsbook Coming Soon Through Partnership With Kambi Group And Affinity Interactive
Kambi Group, a renowned US sports betting platform provider, announced a partnership with Affinity Interactive to launch DRF Sports, a new online sportsbook coming to several US markets in 2022 and 2023, starting with Iowa. As part of the deal, DRF Sports will operate using Kambi’s proprietary software. Affinity Interactive currently offers DRF Bets, a […]
Unregulated Gambling Machines’ Continued Strain On Legal Gambling
The United States regulates gambling more heavily than most other industries. Legal gambling must comply with legal regulations from the federal Bank Secrecy Act to local rules governing gaming. Regulators, law enforcement officials, and casino employees step scrutinize every step of a gambling machine’s lifetime, from production through delivery and installation. These are only some […]
How The Wire Act’s First Gambling Conviction Led To An International Incident
1961 was a simpler time. President John F. Kennedy just wanted to clamp down on organized crime and cut off their sources of revenue. He signed the Wire Act into law, which prevented gambling information from crossing state or international lines. For a while, it worked just fine. But in 1996, one stubborn, pioneering businessman […]
Las Vegas Sands (LVS) Has A Brighter Future Than Other Casino Stocks
Big casino companies may seem similar, but they differ in important ways. Some of them are holding onto a lot of cash that makes it easy for them to expand. Others are paying down debt or finding other ways to improve their existing businesses. Sheldon Adelson’s company, Las Vegas Sands, suffered a hard loss when […]
Why Sheldon Adelson’s Casinos Won’t Have Online Gambling Anytime Soon
Sheldon Adelson’s casino company, Las Vegas Sands Corp., had its quarterly earnings call on January 27. One day earlier, Robert Goldstein became the new Chairman and CEO. The earnings call went through balance sheet items and tentative expansion plans. But ears perked up when he mentioned online gambling. Las Vegas Sands is looking at opportunities […]
Texas Sports Betting Bills Could Change The State Constitution
On January 14, 2021, Representative Harold V. Dutton Jr. authored and filed two bills. One–HB 1121–would legalize sports betting and create the regulatory body that would oversee it. The other–HJR 68–is essentially a refiling of HJR 61. HJR 61 was a constitutional amendment that died in Committee in late February 2019. The latest attempt at […]