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Industry
March 17, 2025
Connecticut Cracks Down on High5Games for Illegal Gambling
The Connecticut Department of Consumer Protection’s (DCP) Gaming Division has suspended the license of High5Games, a licensed online gaming service provider, following an investigation that revealed the company was running an unlicensed online platform, High5Casino. Authorities are considering legal action since the operation reportedly affected hundreds of consumers. Customers Lost Almost a Million High5Games, known […]
Sports
March 17, 2025
Texas Longhorns Members Spent $15K on PrizePicks Bets
The Texas Longhorns, a professional US football team, has found itself in trouble after five of its members violated the NCAA’s rules. According to the announcement, the people in question spent thousands of dollars on a daily fantasy sports app, despite being prohibited from doing so. Five People Engaged in Fantasy Sports As it turns […]
Industry
March 17, 2025
Gaming Tribes in No Rush to Expand Sports Betting
The sports betting industry in America has grown at a rapid pace since the repeal of the PASPA. In less than seven years, over half of the states have launched betting. However, tribal entities are not bullish on the industry’s expansion because of various pressures. American Tribes Are Patient At the NEXT.io conference, tribal panelists […]
Sports
March 17, 2025
Kalshi Gets More Time to Answer NGCB Cease-and-Desist Order
Nevada officials have given KalshiEX LLC, a prediction market platform based in New York, extra days to reply to a cease-and-desist order from the Nevada Gaming Control Board (NGCB). The firm, which does business as Kalshi, had to follow the order by March 14, at first, but now the regulators have allowed more time for […]
Industry
March 14, 2025
New York Sports Betting Handle Stumbles in February amid Market Uncertainty
New York’s mobile sports betting handle dipped below the $2 billion threshold for the first time in six months, as February’s total bets amounted to $1.98 billion. The decline represented a 20.2% drop from January’s record $2.48 billion handle. However, the figure still represents an 11.2% year-on-year growth compared to February 2024. Revenues Followed a […]
Sports
March 14, 2025
FanDuel Steps Up the Game in Time for March Madness
FanDuel, a leading sports betting operator in North America, has unveiled new innovations in time for March Madness. These include exciting promotions and features that will bring bettors even closer to the action. New Features Await The NCAA Division I men’s basketball tournament, better known as March Madness, is among the key events in the […]
Industry
March 14, 2025
Mississippi Inches Closer to Banning Sweepstakes
The American sweepstakes industry has continued to grow but that doesn’t mean that everyone is on board. On the contrary, many states have continued to push back against the industry’s advance, taking measures to prevent it from cannibalizing the regulated gaming industry’s revenues. Mississippi is the latest state to advance a bill seeking to ban […]
Industry
March 14, 2025
Ohio’s Second Betting Tax Hike Proposal Loses Traction
While many states have been increasing their gaming and sports betting taxes, Ohio’s new tax hike proposal seems unlikely to pass amid bipartisan opposition. DeWine Wants to Raise the Betting Tax to 40% Ohio Governor Mike DeWine has long been bullish on raising the sports betting taxes even further and ensuring that harmful industries return […]
Business
March 14, 2025
LNW Gaming to Shut Down Michigan Facility, Lay Off Workers
Light & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company. Layoffs Are Upcoming As outlined in a WARN notice submitted to the Michigan Department of Labor and Economic […]
Industry
March 14, 2025
Missouri Sports Betting License Applications to Open in Two Months
In February, voters in the state of Missouri narrowly greenlit sports betting. While experts predicted that the actual launch would experience certain delays, the Missouri Gaming Commission said that it hopes to open license applications in two months. Gaming Commission Says Licensing Applications Will Open Soon The commission said that if everything goes according to […]