Fiona Simmons's latest articles
Fiona Simmons
JournalistAlthough Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at GamblingNews.com is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Business
April 3, 2023
Jason Scott Exits BetMGM, Returns to Australia
The gaming giant BetMGM is parting ways with Jason Scott, its vice president of trading, VIP and retail sportsbooks. The experienced employee shared the news on LinkedIn, adding that he will now head back to Australia. Scott, who has served the Entain/BetMGM family for the last 11 years, said that his time with Entain and […]
Legal
April 3, 2023
Gov. Beshear Signs HB 551 into Law, Legalizes Sports Betting in Kentucky
Kentucky has officially passed a law that legalizes sports betting in the state. House Bill 551 was introduced a few weeks ago and quickly gained traction, passing the House, a Senate committee and later the Senate itself. Last Friday, just a few hours after the Senate approved the measure, Governor Andy Beshear signed it into […]
Sports
April 3, 2023
NBA Players Get Permission to Invest in Weed, Sportsbook Companies
This has not changed, but the NBA’s collective bargaining agreement (CBA) has been reportedly altered to allow players to invest in sportsbooks and cannabis production companies if they choose to. NBA to Let Players Invest in Sportsbook and Cannabis Companies This is a dramatic change from the previous CBA which explicitly prohibited athletes to take […]
Sports
April 3, 2023
March Madness Results in 2023 All Over the Place
March Madness results have been all over the place. The Westgate Las Vegas lost $200,000 on a 400-1 odds bet of $500 placed on Florida Atlantic to make the Final Four. The company paid up. Then, there was Red Rock Resort in Las Vegas which scooped up a good amount of revenue from the collegiate […]
Blockchain
April 3, 2023
Beaxy Founder Faces Charges of Gambling with Investor Funds
Hamazaspyan, who founded Beaxy, is also accused of having gambled with investor funds. The exchange wound down operations last week, citing an “uncertain regulatory environment” as the reason why. Misappropriated Funds and Unlicensed Operations The SEC argues that Hamazaspyan has raised $8 million from BXY, the cryptocurrency exchange’s native token, and used at least $900,000 […]
Casino
April 3, 2023
Deutsche Bank Upbeat about Wynn Prospects
Deutsche Bank analyst Carlo Santarelli has defied expectations for the casino resorts sector, posting an upbeat outlook for Wynn Resorts. According to Santarelli, Wynn’s shares will soar. Wynn Resorts Is Gathering Financial Momentum He bases this outlook on several main factors that are going to drive an upsurge in the company’s stock over the next […]
Sports
March 31, 2023
ESPN: Social Media Abuse Affects College Players Too
March Madness is one of the hottest events in professional sports. Needless to say, it attracts millions of bettors each year. While many enjoy wagering regardless of the outcome, others are so focused on winning that they end up abusing athletes on the web. ESPN addressed this relevant issue, highlighting how online bullying can affect […]
Sports
March 31, 2023
March Madness Benefits Operators in Vegas and Beyond
Once again, the NCAA Men’s College Basketball Championship, also known as March Madness, attracted countless sports betting aficionados to Las Vegas. Despite its efforts to distance itself from gambling, the annual tournament continues to attract millions of punters. The Nevada Independent’s Howard Stutz reported that the West Regional Championship, which is the first time Las […]
Industry
March 31, 2023
Las Vegas Mass Shooter Might Have Been Motivated by Gambling Frustration
The Las Vegas shooting from 2017 might have been motivated by gambling frustration, a recent report shows. A newly-released FBI report shows that the 64-year-old shooter, Stephen Paddock, was an avid high roller who was really unhappy with the way casinos treat him. The 2017 Las Vegas shooting happened on October 1, 2017, when the […]
Poker
March 30, 2023
PSG Neymar Throws a Twitch Hissy Fit after Gambling Away Millions
Neymar da Silva Santos Júnior, a famous soccer professional playing as a striker for Paris Saint-Germain, streamed himself losing a million playing online poker. The athlete’s unfortunate loss was broadcast live on Twitch. Neymar has been streaming on the Amazon-owned platform in addition to playing on the field. He is working under an agreement with […]
