GAMBLING PODCAST 🥇 GAMBLING NEWS FOR LATE JULY 2022

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In our first story this week, a new piece of legislation gives Colorado gaming authorities more power to investigate the so-called "gray casinos". Local and state authorities have been trying for years to crack down on shady gaming businesses. However, the operators of these establishments have so far been able to find ways to work around the existing laws. Mostly located in strip malls, these businesses offer their players a chance to play games similar to slot machines and pay out the winners in a variety of ways, often with cryptocurrencies.

However, the new law signed in June by Governor Jared Polis will provide Colorado's Division of Gaming with the authority to investigate gray casinos even when they're located outside of three towns where gambling is legal.

Next up, legal betting in Ohio is set to start on January 1 and local bettors will have plenty of options when it comes to where they can place their wagers. Besides physical sportsbooks and mobile apps, the state's betting law also includes betting kiosks that will be available in restaurants, bars, and bowling alleys.

So far, more than 1000 businesses in Ohio have applied for sports gaming kiosks. Each of them will have to first receive a recommendation from the state's Lottery Commission before they can be granted "Type-C" licenses from the Ohio Casino Control Commission. Those who want their kiosk to be operational in time for the start of sports gambling in Ohio will have to submit their application before August 15.

In our next story, sports betting in Louisiana is raking in record numbers since online wagering became legal in January. Only in May, the total sports betting handle in the state was at $170 million. Much of this success is due to the attractive promotions and bonuses offered by the sportsbooks.

Now, Caesars Sportsbook, which runs one of the most successful mobile betting apps in the Pelican State, is offering another awesome promotion for their first-time bettors. When they register and make their first deposit, new users of the Caesars Sportsbook mobile app will receive a risk-free bet of up to $,1,500 with the code GAMEC15. This means that even if their pick ends up losing, they will get their wager back in one bet credit.

In our last story, America's most famous bettor, Mattress Mack, is back at it again. This time, the Texas furniture tycoon is putting his faith in his hometown baseball team. Over the last couple of days, Mack has made two huge $2 million bets that the Houston Astros will win the World Series. As sports betting is still illegal in Texas, one wager was placed in Iowa and the other in Vegas. With a couple of bets placed earlier, Mack now has $10 million riding on Astros going all the way this year.

Of course, Mattress Mack is not a typical high roller. He uses his massive bets as a promotional tool to attract new customers to his store and uses the profits to cover potential betting losses.

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