“Jason Ader painted the SPAC as an innocent jilted buyer left at the altar by the Universal Entertainment parties’ alleged failure to close.”
— Lawsuit by Okada Manila and related entities in their legal battle with Ader, head of 26 Capital. The companies were planning to merge; now Okada wants out
“If promotions are restricted or banned, there’s only one place punters will go, that’s the growing, unsafe, unregulated gambling black market.”
— Michael Dugher, chief executive officer of the Betting and Gaming Council (BGC) speaking out against calls for a ban on free bet promotions in the U.K.
“The BIA cannot force the State of Wyoming to hybridize its laws and negotiate an allocation of jurisdiction that allows for off-reservation gaming in a way that IGRA otherwise does not.”
— Mark Gordon, governor of Wyoming, commenting on new rules on Indian gaming by the Bureau of Indian Affairs that would largely do away with the requirement that land put into trust for gaming be near a tribe’s historical home
Sports for us is an acquisition tool. It can drive further engagements for Bally’s brand. So when we approach the choice of technology, we’ll make sure we have that mindset.”
— Robeson Reeves, CEO of Bally’s Corp., speaking about where sports and sports betting occupy in the Bally universe.
“Man, they have a big database, and man, they have great talent, but they don’t have a product yet.”
— Ryan Sigdahl, a partner and senior research analyst at Craig-Hallum Capital Group, saying that for all the buzz about Fanatics and sports betting, they haven’t produced any product.
“There was gambling every day in prison, and that’s part of the issue.”
— Dan Trolaro, a lawyer who embezzled from clients to feed his addiction and ended up in jail for his crime. He said prison is the wrong place for addicts.
