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After denial of charges against him for promoting side betting or under-the-table betting, on Wednesday, Alvin Chau continued to deny his involvement in promoting online gambling.
But some, if not most, of that decline has to be attributable to Nebraskans playing the slots at WarHorse rather than driving to Council Bluffs to do so.
ON AUGUST 3RD, the DraftKings stock price closed at $16.82, down significantly from its 52-week high of $64.58. People are gambling on sports, but the companies aren¡¯t benefiting ¡ª at least, not on Wall Street. So what gives?
¡°That didn't happen,¡± said Howard Glaser, head of government affairs and legislative counsel at Liught & Wonder, the successor company to the gambling tech firm Scientific Games.