Tag:

Gambling Addiction

US Sports Gambling Revenue Hits Record $13.7B, NY Remains Nation's Top Market US Sports Gambling Revenue Hits Record $13.7B, NY Remains Nation's Top Market
US Sports Gambling Revenue Hits Record $13.7B, NY Remains Nation's Top Market The US sports betting industry shattered records in 2024, pulling in nearly $14 billion in revenue as more states embraced legal gambling. Sportsbooks brought home $13.71 billion in revenue in 2024, the American Gaming Association (AGA) said in a news release on Wednesday, Feb. 19. That was up 25.4 percent from 2023. Americans legally bet $147.91 billion on sports, a 23.6 percent jump from 2023. More than 95 percent of those wagers were placed online, continuing a trend that has made mobile betting the dominant force in the industry. New York remained the top sports-betting marke…
Westchester Native, Ousted WFAN Radio Host Craig Carton Sentenced For Ponzi Scheme Westchester Native, Ousted WFAN Radio Host Craig Carton Sentenced For Ponzi Scheme
Westchester Native, Ousted Wfan Radio Host Craig Carton Sentenced For Ponzi Scheme This story has been updated. Westchester native and former radio/TV sports talk star Craig Carton was sentenced by a Manhattan federal judge for running a ticket-resale Ponzi scheme. Carton, who grew up in New Rochelle, was ordered on Friday, April 5 to serve 42 months in prison. In addition to the prison term, he was sentenced to three years of supervised release and ordered to pay $4,835,186.56 in restitution and to forfeit $4,590,000. In a plea for leniency, the 50-year-old Carton, who co-host WFAN's “Boomer and Carton” morning show for a decade alongside retired NFL qua…