California horse racing received a major boost last week after several key stakeholders reached an agreement on a purse enhancement program.

The accord between the Thoroughbred Owners of California, Del Mar Thoroughbred Club, The Stronach Group’s 1/ST Racing, and TVG means $15 million more for purses over the next two years. The move had been expected to the point Santa Anita Park previously upped its purses by 10 percent. At $533,000, the average daily purse now…

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A long-delayed tribal casino project in Massachusetts might have better odds of coming to realization under President Joe Biden’s administration.

The Mashpee Wampanoag Tribe has been fighting for years for legal rights to build a $1 billion integrated resort casino in Taunton. The project, however, has been continually held up in courts. Maybank, one of the largest financial institutions in Southeast Asia, believes the tribe’s casino ambitions have a better chance with Biden in the…

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Mobile sports betting in Virginia is expected to get underway in the early part of 2021, with more than a dozen interactive platforms taking wagers in the new year.

The Virginia Lottery, which is tasked with issuing applications and regulating sports betting, said last month that it had received 25 applications to conduct mobile sportsbooks. Specific applicant names were not disclosed, but the usual suspects are expected to enter the Commonwealth, including DraftKings, FanDuel, BetMGM, and William Hill. The high level of interest by…

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Cedric Cromwell, the former chairman of the Mashpee Wampanoag Tribe in Massachusetts, has asked his Native American community to cover his legal costs.

Cromwell was indicted on federal bribery and extortion charges last month. A grand jury found credible evidence that the then-tribal chairman received unlawful kickbacks in relation to the tribe’s efforts to build a $1 billion casino resort in Taunton. The Mashpee Wampanoag Tribe has received a request from Cromwell for the tribe to compensate him…

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Introduced a package of sports betting legislation , marking his second such attempt on the matter in just over a year.

Brandes pre-filed three bills — Senate Bill 392 (SB 392), SB 394 and SB 396 — for Florida’s 2021 legislative session, which commences in March. Similar legislation was pitched by the state senator in late 2019. But it didn’t see the light of day in the 2020 session because this was an election year and…

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Billionaire casino tycoons Sheldon Adelson and James Packer were spotted together during a New Year’s Eve bash in the French Caribbean.

And that’s prompted speculation that Packer could be in discussions to sell his more than 36 percent stake in Crown Resorts to the Las Vegas Sands founder and CEO. The UK’s Daily Telegraph broke the news that Adelson, 87, and Packer, 53, were celebrating the end of the most difficult year for their gaming businesses….

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In the coming years, three of the leagues could have a home team in the gambling capital.

COVID-19 in 2020 severely damaged NBA revenues. Fans have been absent at arenas, games have been postponed, and television ratings greatly declined. NBA Commissioner Adam Silver conceded last month that at least one expansion franchise might make sense to generate immediate revenue. Las Vegas, which the NHL Vegas Golden Knights and NFL Raiders call home,…

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A Major League Baseball stadium is not slated to be built where the Rio All-Suite Hotel and Casino is located near the Las Vegas Strip, according to a published account.

An executive for Dreamscape Companies this week shot down rumors that a baseball stadium would be build at the Rio site, or that the hotel-casino would be demolished, according to the Las Vegas Review-Journal. Dreamscape owns the resort and 22 acres of unused property at the location, just west of Caesars Palace. The Rio is…

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