Daily Archives: June 24, 2024

Christopher Hebert appointed new Louisiana gaming chief

On Monday (24 June) Louisiana Governor Jeff Landry appointed Christopher Hebert as the state's new gaming chief. Former head regulator Ronnie Johns announced his retirement earlier this year and 30 June will be his last day.

Hebert was a director handling gaming in the attorney-general’s office. In that role, he worked closely with Johns, who retires as one of the most influential figures in Louisiana gaming. Herbert is the first black man to be named chairman of the Louisiana Gaming Control Board (LGCB), according to a press release from Landry’s office.

“Proper regulation of the gaming industry is crucial at a time in which gaming revenue continues to be a substantial part of our state’s economy,” Herbert said via press release. “I am both humbled and honored that Governor Landry has tapped me as the first African-American chairman of the Louisiana Gaming Control board and I vow to continue the hard work of previous chairmen in ensuring that gaming is free from criminal and c..

Read more

US May round-up: Louisiana revenue grows while handle dips in New Hampshire

Casting an eye over the latest monthly US state results, iGB analyses further sports betting growth in Louisiana and an ongoing spending decline in New Hampshire.

Louisiana saw handle and revenue rise year-on-year during May. New Hampshire, however, reported lower revenue despite an increase in player spending.

Overall spend on sports betting in the state in May hit $256.7m (£203.1m/€240.1m), 31.6% higher than the same month last year. Of this total, $238.3m was bet online, with the other $18.4m wagered at retail sportsbooks.

Former Louisiana State University (LSU) national basketball champion Angel Reese signed to the WNBA team Chicago Sky in May at the start of the league’s four month season – this likely encouraged increased betting activity in the state during the month.

Revenue growth in Louisiana

As for gross gaming revenue from sports betting, this totalled $33.5m. The figure is 18.8% up on the previous year and marginally ahead of $33.0m in April.

Online betting account..

Read more

Weekend Report: MGM hacker arrested, Colorado tribes still shut out

Welcome to the Weekend Report, where iGB updates you with the stories you may have missed over the last few days.

Suspected MGM hacker arrested in Spain

In 2022, MGM confirmed that its loyalty programme had been hacked. On 14 June, the Spanish national police arrested a man they believe to be involved in the hack at Palma Airport. He was boarding a flight to Italy, reported Murcia Today.

The FBI’s Los Angeles field office issued the arrest warrant for the 22-year-old UK national, per CyberNews.

The group responsible for the cyberattack, Scattered Spider, allegedly hacked multiple major corporations. The man arrested is accused of hacking corporate accounts and allegedly controlled $27m worth of BitCoin. Caesars Entertainment was also hacked last autumn.

Colorado tribes still shut out of digital wagering

Nearly five years after Coloradans legalised digital sports betting and four-plus years after launch, the state’s tribes still aren’t live. Per the Colorado Sun, the state has ..

Read more

Fifa president says “there will be sanctions” for violating wagering rules

With the Olympics on the horizon and two major international soccer tournaments underway, Fifa president Gianni Infantino used an event to honour Pele as a time to remind players to also honour the game.

On 15 June, in Paris, Infantino said his organisation wouldn’t abide players betting on the world’s most popular sport. He made the comments a day after UEFA’s Euro 2024 tournament opened and less than a week before Copa America kicked off.

“The players know: obviously, they should not bet,” he said, reported Games Magazine Brasil. “In football, in rugby, in any sport. When something happens, there are obviously investigations and very serious, very stringent decisions are made regarding betting. And football, at all levels, including amateur.”

Infantino’s comments were in response to questions about Brazilian national team and West Ham midfielder Lucas Paquetá. England’s Football Association (FA) is investigating Paquetá for potential wagering violations. In question are multiple..

Read more

Want To Keep Up To date with our latest news and information? Please enter your email address below to be added to our mailing list

FairOddsNetwork.com © 2024 All rights reserved.