NBA bans player for life after probe shows he shared information, bet on games
Jontay Porter of the Toronto Raptors is the second person to be banned from the league by Commissioner Adam Silver for violating league rules.
Jontay Porter of the Toronto Raptors is the second person to be banned from the league by Commissioner Adam Silver for violating league rules.
The American Gaming Association estimates $2.7 billion will be bet this year on the NCAA men’s and women’s basketball tournaments through legal sportsbooks.
Statehouse Republicans this month finalized legislation increasing lawmaker oversight over the Indiana Gaming Commission’s extra-budgetary requests.
Players, leagues and fans have been reckoning with the still-unfolding effects of sports gambling since a Supreme Court ruling handed the question of legalization to states in 2018. Each constituency may be arriving at the realization those impacts have mushroomed beyond anyone’s control.
The Hoosier Lottery has leased two floors of the building at 1302 N. Meridian St. since 2011.
The volume of betting participation is projected to be 35% higher than last year, which was the previous record, according to the American Gaming Association.
The updated report found that Indiana could bring in between $413 million and $929 million over the first three years of legalization in “average” conditions at different possible tax rates.
The Terre Haute Casino Resort will feature a 400,000-square-foot casino building with 56,000 square feet of gaming space that includes 1,000 slots and 50 table games, as well as a 125-room hotel.
The gambling industry and its advocates have for several years wanted to legalize i-gaming, but that timeline may now be years longer than previously expected.
Under the plea agreement, Sean Eberhart will pay restitution of $60,000, although it’s unclear if he’ll serve time in prison.
While some MGM Resorts computer systems were still down, Caesars told federal regulators on Thursday that its casino and online operations were not disrupted.
Since the U.S. Supreme Court cleared the way for legalized sports betting five years ago, nearly three-fourths of the states have moved swiftly to allow it.
Although gaming officials celebrated the year’s high revenue and sales, they cautioned that three multi-state, billion-dollar jackpots—which boosted revenue—weren’t stable elements for future budgeting and planning.
The spread of legalized sports gambling—and some early scandals—have captured the full attention of athletic departments and conference offices. All major conferences are paying independent betting monitors to make sure their athletes abide by the rules—and to catch those who are not.
ESPN announced Tuesday that the sports media giant will partner with gambling operator Penn Entertainment to launch a nationwide string of ESPN-branded sportsbooks.
Last year, Indiana sports betting peaked at $4.4 billion worth of bets, but Hoosier sports wagers slowed in the first half of 2023 when Ohio joined the fray. For instance, in June, sports betting in Indiana was 13% lower than the $256 million registered in June 2022.
In a letter, NCAA President Charlie Baker said there are 17 active investigations into infractions of its sports-betting policy.
Isaiah Rodgers and Rashod Berry won’t be able to seek reinstatement until the 2023 season ends.
Indianapolis Colts cornerback Isaiah Rodgers Sr. did not practice with his teammates Wednesday. It’s unclear when—or if—he’ll return.
The Hoosier Lottery expects to make $1.7 billion in sales by the end of the fiscal year, which ends June 30. That’s up 1.6% compared with last year.