Private equity firm Apax Partners offloads remaining stake in Genius Sports
Genius has announced that Apax Partners has completely monetized its equity interest in the company. As a result, Apax no longer retains any shares in the data, technology, and broadcast…
Michigan Gaming Control Board defends efforts to protect citizens and crack down on illegal gambling activities
DETROIT, July 16, 2024 — The Michigan Gaming Control Board (MGCB) has strongly refuted recent assertions questioning the legitimacy of its concerted efforts to shield citizens from the rise of…
Michigan Gaming Control Board expands regulatory team and allocates $6M to combat compulsive gambling
DETROIT, June 27, 2024 — In a significant development on Thursday, June 27, the Michigan Legislature approved the state’s Fiscal Year 2025 budget. This budget includes a crucial allocation of…
Michigan Gaming Control Board to hold important meeting on casino games regulations on June 18
The Michigan Gaming Control Board has scheduled an important meeting to address the regulatory landscape of casino gaming, iGaming, and sports betting within the state. This session aims to explore…
Detroit casinos see record revenue of $113.2 million in May
Detroit's thriving casino industry has set new benchmarks with a robust performance in May 2024. The city's three main casinos collectively reported a monthly aggregate revenue (AGR) of $113.2 million.…
Esports news update: provisional decision on Home Credit Market Investigation Order 2007
The esports industry is abuzz with the latest developments regarding the provisional decision on the Home Credit Market Investigation Order 2007. This decision has the potential to bring significant changes…
Esports policy updates regarding administrative penalties
Esports has rapidly grown in popularity over the years, with competitive gaming tournaments drawing in millions of viewers and generating substantial revenue. With this growth, it has become essential for…
A boon for sports fandom or a looming mental health crisis? Five essential reads on the effects of legal sports betting
As a lifelong sports fan, I've heard many stories about gambling scandals involving famous athletes like "Shoeless" Joe Jackson and Pete Rose, the 1978-79 Boston College basketball team, and NBA…
Will problem gambling increase with legalized sports betting in NC? Public health officials say it’s inevitable
Some lessons from Las Vegas might benefit North Carolina as it prepares for the legalization of online sports betting next month. Public health researchers suggest that the experiences of Nevada,…
Study reveals link between sports betting and binge drinking
A recent study highlights a significant connection between sports betting and increased binge drinking compared to individuals who do not gamble or gamble differently. The research, conducted by the University…
