MLB, sportsbooks cap bets on individual pitches in response to scandal Summary Major League Baseball has reached an agreement with authorised sportsbook operators representing more than 98% of the US market to cap bets on individual pitches at $200 and to exclude those bets from parlays. The move follows the indictment of Cleveland Guardians pitchers […]
Athletics slugger who played for Aviators named AL Rookie of the Year Summary Nick Kurtz, the Oakland Athletics’ 22-year-old first baseman and former Las Vegas Aviators player, was the unanimous winner of the American League Rookie of the Year award. Kurtz hit .290 with 36 home runs, 86 RBIs and a 1.002 OPS across 117 […]
Senate approves bill to end the shutdown in 60-40 vote Summary The Senate voted 60-40 to advance a stopgap funding bill to reopen the federal government, breaking a 41-day impasse. A small group of moderate Democrats joined Republicans to move the measure forward; the House must now vote to finalise the deal. The legislation reverses […]
Genting Bhd issues US$216 million in notes to partially fund Genting Malaysia acquisition Author style Punchy: A clear strategic funding move from Genting Bhd — essential reading for investors and industry watchers tracking the group’s drive to control Genting Malaysia and its US casino ambitions. Summary Genting Bhd has issued medium term notes with a […]
Malaysia: Meta dispute deepens over alleged ad revenue from scams/gambling | AGB Summary Punchy take: Malaysia’s communications regulator has ramped up pressure on Meta after Reuters cited internal documents suggesting a sizeable slice of the company’s ad revenue may have come from scams, illegal gambling and other banned goods. The Malaysian Communications and Multimedia Commission […]
Colorado Tribes Renew Fight for Sports Betting Rights Summary The Southern Ute Indian Tribe and the Ute Mountain Ute Tribe have renewed efforts to secure the right to offer online sports wagering in Colorado after a federal judge dismissed their lawsuit challenging state restrictions. The tribes argue their gaming compacts permit Class III gaming, including […]
Salary history bans shrink gender- and race-based pay gaps, researchers find Summary Researchers at Boston University School of Law reviewed the evidence and conclude that salary history bans — laws that prevent employers asking applicants about past pay — are associated with measurable reductions in both gender- and race-based pay gaps. The review highlights a […]
2 MLB pitchers charged with taking bribes to rig pitches for bettors Summary Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz have been indicted in federal court on allegations they accepted bribes from bettors to influence the outcome and speed of specific pitches. Prosecutors say the pair took several thousand dollars in payoffs that helped […]
BGC: Study Says Higher Taxes Weaken Regulated Gaming Summary PwC, for the UK Betting and Gaming Council (BGC), analysed several European online betting and gaming markets and found a strong link between high taxation/tight regulation and growth of the black market. Countries cited as outliers with high black-market shares include France (57%), Sweden (35%) and […]
NBA Gambling Scandal Deepens Amidst Alleged Mob Ties Summary The long-running NBA gambling controversy escalated this week as a Brooklyn court heard cases involving several of the 34 defendants arrested in a sprawling federal probe. Prosecutors say two intertwined criminal operations are at the heart of the investigation: one allegedly involved rigging sports bets — […]
