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Zach Wolpin

Sports Editor

Articles by Zach Wolpin (137)

MLB players are detailing the harassment they’ve received from sports bettors

The PASPA Act was overturned by the Supreme Court in 2018. That allowed regulated sports betting to be legalized in the US. Since then, 38 states have some form of legal sports betting. Whether that be online or at a physical casino location. In a USA Today report, MLB players have detailed their growing concerns […]

Zach Wolpin  •  11 Jun 2024
Sportsbooks in Tennesse received a betting fine due to insufficient funds

In the Volunteer State, sports betting regulators recently approved fines against two sportsbooks. They are ZenSports and Fanatic Sportsbook. During their May meeting, the Tennessee Sports Wagering Council (SWC) approved a $60,000 fine for ZenSports. They failed to maintain a high enough reserve balance for their Tennesee sports betting operations. Additionally, a $50,000 fine was […]

Zach Wolpin  •  11 Jun 2024
Regulators in Michigan are working together to protect collegiate athletes from sports betting

This week, various experts in the industry met to discuss collegiate sports betting integrity at the Michigan Control Game Board (MCGB). Top experts in gaming ad regulation attended including the NCAA, BetMGM, Integrity Compliance 360 (IC360), and the FBI. They all met at the Cadillac Palace in Detroit, Michigan. In the state, there are over […]

Zach Wolpin  •  10 Jun 2024
Bally’s Temporary Casino in Chicago hit record-high levels of revenue in May

In May 2024, Bally’s Chicago posted its best monthly gross gaming revenue with $11.73 million. That was reported by the Illinois Gaming Control Board (IGCB). Their slot machines accounted for $6.8 million and table games won $4.75 million. This temporary casino location opened last September. Mark Wong is the General manager and VP of Bally’s […]

Zach Wolpin  •  10 Jun 2024
An illegal $23 million sports betting ring being run by the mob was busted in New York

In Staten Island, New York, 17 people were arrested by the NYPD last Wednesday. They were involved in a $23 million illegal sports betting ring linked to the Gambino Crime Family. An indictment stated that this unlawful operation had roughly 70 people entangled in massive amounts of debt. These mobsters ran a high-interest predatory loan-sharking […]

Zach Wolpin  •  10 Jun 2024
In May, sports betting revenue dipped in Maine despite an increase in their handle

In Maine, their adjusted gross receipts are calculated by subtracting voided and canceled bets, federal excise taxes, and player winnings from their handle. Last month, sports betting revenue dipped 19.5% month-over-month. That’s despite Maine reporting an increase in their betting handle. Their adjusted gross receipts in May amounted to $3.3 million. In April 2024, Maine […]

Zach Wolpin  •  07 Jun 2024
PENN Entertainment could face punishment for ‘risk-free’ comments made in March

On ESPN’s “College GameDay” show in March, host Rece Davis may have put the industry leader in a tough situation. Talking with betting analyst Erin Dolan, Davis mentioned her suggestion as a “risk-free investment”. That did not sit well with the Massachusetts Gaming Commission. ESPN is facing possible penalties for a pair of separate sports […]

Zach Wolpin  •  07 Jun 2024
Former casino executive J.T. Foley has joined the Coalition for Fantasy Sports

In April 2007, J.T Foley joined the Las Vegas Sands. Foley spent 17 years with the company and climbed his way through the ranks. In 2014, he was named the executive director for LAs Vegas Sands. Recently, Foley has left the industry operator and is about to take on a new challenge. The Coalition for […]

Zach Wolpin  •  07 Jun 2024
The Permanent Hard Rock Casino in Bristol Virginia is delaying its opening

The Seminole Tribe of Florida owns Hark Rock International. Last week, they confirmed the plan is to open the $550 million integrated resort and casino in Bristol, Virginia at a later date. They were planning to have the resort open up in phases, starting this July. Instead, they will now open up in the fall […]

Zach Wolpin  •  06 Jun 2024
Illinois Gov. has signed a new progressive sports betting tax rate into law

On Wednesday, Illinois Governor JB Pritzker signed a bill to establish a new progressive sports betting tax rate in the state. He signed the $53.1 billion budget package for the 2025 fiscal year. These brand-new tax rates will go into effect starting July 1. About a week ago, HB 4951 was passed during an all-night […]

Zach Wolpin  •  06 Jun 2024