SCCG Research
Contact

Author: Fahad Umar

BetMGM Promo Code AMNY1500: Claim $1,500 Bonus for NBA Cup, NCAAF Games | amNewYork

BetMGM Promo Code AMNY1500: Claim $1,500 Bonus for NBA Cup, NCAAF Games | amNewYork

Note: if you purchase something through one of our affiliate links, Schneps Media may earn a commission. Photo Credit: Craig Dudek New players can sign up with BetMGM promo code AMNY1500 and start making bets on the NBA Cup. There are two promos available on the NBA, college football, college basketball, NFL, NHL and more. […]

Caesars Hit With $7.8m Fine Over Ineffective AML Program in Nevada

Caesars Hit With $7.8m Fine Over Ineffective AML Program in Nevada

Caesars Entertainment will pay a $7.8m fine in Nevada for subpar anti-money laundering (AML) compliance. The company did not comment on the allegations nor try to submit any evidence in its defense. AML program was “ineffective” when identifying sources of funds The Nevada Gaming Control Board (NGCB) did not provide specific details regarding exactly what […]

Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout

Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout

New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]

Alleged Mobster Suspected of Involvement in NJ Illegal Betting Ring

Alleged Mobster Suspected of Involvement in NJ Illegal Betting Ring

Joseph M. “Little Joe” Perna, 55, a suspected mafia associate, along with several relatives, was among 14 individuals charged Thursday in connection with an alleged multimillion-dollar illegal gambling operation in New Jersey that involved student athletes. A Suspected Mafia Member Is Among the 14 Charged Individuals Perna, who is allegedly from the Lucchese crime family, […]

AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand

AQR Weighs a Move into Sports Betting as Prediction Markets Continue to Expand

AQR Capital Management, one of the leading global quantitative hedge funds, is carefully evaluating whether sports betting could be its next frontier. Co-founder and CIO Cliff Asness discussed this possibility during a special 10th anniversary episode of the Odd Lots podcast, noting that the firm is examining what such a move would entail. Prediction Markets […]

Illinois’ Per-Wager Tax Is Reshaping the State’s Betting Landscape

Illinois’ Per-Wager Tax Is Reshaping the State’s Betting Landscape

Illinois’ decision to implement a per-wager tax is starting to reshape how residents place their bets, with most sports wagering operators implementing measures to cope with the change. The tax change, approved in June, added a fee of $0.25 on the first 20 million online wagers placed in a fiscal year and $0.50 to every […]