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Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Business
June 27, 2024
New York Casino Bidder Vows $250M Community Investment
With three new downstate casino licenses up for grabs in New York, competition is fierce. So far, several recognizable gambling and entertainment operators have shown interest in developing a casino. Companies interested in submitting a license bid can do so by July 31, 2024, while the three new licenses are expected to receive approval by […]
Casino
June 27, 2024
Iowa: Linn County Casino Developers Consider Reapplying for License
The future developers of a proposed casino project in Linn County, Iowa, anticipate applying for a license with the state gambling regulator once again. The latest push marks a years-long effort toward expanding land-based gambling. Over the last decade, the Iowa gambling watchdog, the Iowa Racing and Gaming Commission (IRGC), declined two proposals calling for […]
Lottery
June 26, 2024
Winner Claims 1 of 2 Mega Millions Jackpots in Same California Store
In December, something that many people may consider highly unlikely, or even impossible, happened. From the drawing on December 8, 2023, two incredibly lucky lottery players hit the jackpot from Mega Millions, the popular lottery game in America. Considering the odds of 1 in 302.5 million, it sounds incredible to have two people guess correctly […]
Casino
June 26, 2024
Gambling Inspector in Maine Claims Retaliation by Boss over Concerns
Currently, the regulation of gambling activities in Maine is in the hands of the Maine Gambling Control Unit. An ongoing goal for the agency is to oversee gambling activities across the state, providing effective, efficient and consistent regulation. As such, the authority constantly monitors the activities of land-based casinos. Online betting, which launched in November, […]
Lottery
June 26, 2024
Michigan Woman Surprised by $500K Luxury Cashword Instant Game Win
A woman from Tuscola County, Michigan, who thought she won $1,000 from an instant lottery game was pleasantly surprised that she had actually a much bigger sum. The big win comes after the lucky 68-year-old woman, who chose to remain anonymous, purchased a ticket for Michigan Lottery’s Luxury Cashword instant game. She bought the winning […]
Industry
June 26, 2024
North Carolina’s Gambling Expansion Debate Intensifies with Donations
North Carolina was among the states that launched retail sports betting in March 2021. Several years later, this March, the state officially launched its mobile betting market, paving the way for the further expansion of industry leaders such as FanDuel, DraftKings, Caesars and BetMGM, among other operators. Amid the expansion of gambling activities with the […]
Business
June 26, 2024
MGM Resorts, LVS and Wynn Highlighted in Goldman Sacks’ Sharpe Ratio Picks
Three leading gaming companies made it to the “high Sharpe Ratio” basket comprised by the leading global investment banking, securities and investment management firm, Goldman Sachs. Investors with the firm recently rebalanced the aforementioned basket, as announced in a report released by Seeking Alpha. Currently, the high Sharpe Ratio basket helps identify 50 S&P 500 […]
Industry
June 25, 2024
Kanon Gaming Receives $666K Fine from Spelinspektionen in Sweden
Across Europe, licensed gambling service providers are subject to a range of regulations. This includes strict rules related to duty of care, anti-money laundering and counter-terrorism financing, among other important regulations the operators need to comply with. In case of breaches, penalties such as fines and even license revocation are possible. A recent case related […]
Industry
June 25, 2024
DraftKings Employee Accused of Information Leak, Aiding Extortion
A new lawsuit alleges a senior-ranking employee of DraftKings aided an extortionist, who threatened to kill a New York bettor and asked him to pay a substantial sum to a recognizable sports betting influencer. The case was reportedly filed with the Supreme Court in Queens County, New York, by a person who withheld his identity. […]
Sports
June 25, 2024
Survey Reveals 38% Support for Betting Legalization in Missouri
Currently, there are a dozen states that are yet to legalize sports betting. Missouri is one out of two states where there’s an ongoing effort to put the legalization up for a vote on the upcoming Ballot in November. The results of a new poll, released last week, reveal that the legalization of sports betting […]
