The number of billionaires in South Carolina may have doubled overnight – at least before taxes – after a lottery ticket sold in the state won the $1.537 billion Mega Millions lottery jackpot.
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Legalized sports gambling hasn’t put illegal operations out of business yet, but a culture change is coming.
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In light of the billion dollar Mega Millions payout and as lottery fever continues to grip the U.S., a few words of advice to winners.
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A convenience store, KC Mart #7, sold the sole winning ticket for the $1.5 billion Mega Millions jackpot, the biggest single-winner lottery payout in U.S. history, Mega Millions officials said Wednesday.
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The third weekend in October was a good one for sports betting apps in New Jersey, as three new apps launched for iOS in the state.
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Adam Greenblatt, a former director of Ladbrokes – which was acquired by GVC – will oversee the joint venture’s entrance into U.S. sports betting and online gaming.
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Magnolia State sports bettors wagered $31.77 million and produced $5.5 million in taxable revenue during the first full month of professional and college football. Those numbers dwarf August, which had $644,489 in taxable revenue on a $7.7 million handle.
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A Florida ballot initiative this November would give voters the power to block any expansion of casino gambling, a move some argue would effectively crush gaming companies’ long and costly efforts to expand into the Sunshine State.
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Voters will have a chance to allow online fantasy sports apps, such as FanDuel and DraftKings, through a proposition appearing on the Nov. 6 ballot.
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As technology continues to get better, bettors are finding themselves more comfortable with the thought of gambling online in lieu of spending money trying to reach land-based casinos and resorts.
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Sports books have been identifying strange betting patterns and reporting the activity to leagues for decades without the need for any integrity fees.
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Horseshoe Casino Baltimore announced a multi-year marketing deal with the Baltimore Ravens on Friday that will allow the casino to use team trademarks and logos and is expected help it take advantage of its proximity to M&T Bank Stadium.
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