Author: Cole Rush

Bally’s Corporation has announced it will acquire US-based sports betting platform provider Bet.Works for $125 million.  This acquisition rounds out Bally’s Corporation’s existing portfolio, which already includes 14 casinos across 10 states (a few are pending acquisitions). Bet.Works brings sports betting into the fold. In the announcement press release, Bally’s estimates the sports betting and […]

Las Vegas Sands is reportedly looking to sell its two Las Vegas resorts and its convention center, currently owned by Sheldon Adelson. Sands properties include the upscale casino-hotels the Venetian, the Palazzo, and the Sands Expo Convention Center.  Both hotel-casinos are on the Las Vegas Strip, and the convention center is home to various conferences, […]

Editor’s note: The following is not to be construed as tax advice. Always consult a tax professional before filing. Gambling has begun to proliferate throughout the US. Sports betting in particular has taken off in multiple states. And with the expansion of gambling comes (hopefully) a flurry of wins for new and seasoned gamblers alike.  […]

Parlays are the ultimate big-win chaser’s dream. The combined bets provide massive potential payouts on nominal wagers, and nearly every online sportsbook offers them. Though the odds are low for a given parlay to hit, the possible winnings are huge, and a handful of lucky bettors have cashed in some gargantuan parlay jackpots at legal […]

Sports betting in the US is on a rapid growth trajectory. New sportsbooks are popping up by the day while markets that previously shunned gambling are embracing the possibilities of online and digital betting. This has sparked a huge wave of partnerships and deals with major sports betting operators.  Media companies and storied sports franchises […]