Moody’s Investors Service issued a May 2017 report on Atlantic City that kept the city’s general-obligation bond rating at Caa3 but revised the outlook to positive from negative.
The ratings company believes the state intervention has had a positive effect on the city, but it remains concerned about the city’s continued reliance on the casino industry and high debt burden.
The number of states with operational sportsbooks increased from 1 during 2017 to 38 during 2024. Total sports wagers increased
A must-read piece by nationally acclaimed investigative journalist David Cay Johnston. Read the whole piece here. An excerpt: “After decades
Federal and NCAA authorities are investigating potential links between the gambling ring that ensnared former NBA player Jontay Porter and
Minnesota Senate Finance Committee informational hearing on the impacts of online sports gambling. (Video of hearing is below.) Attorney Matthew
