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Industry
March 5, 2025
Prediction Market Kalshi Ordered to Cease and Desist in Nevada
Kalshi, one of the fastest-growing prediction markets in America, has hit a major roadblock in Nevada where it was ordered to cease and desist. Despite seemingly warming up toward such products, the US has yet to regulate them properly and some markets, regulators, and industry stakeholders remain opposed to them. Kalshi Ordered to Exit Nevada […]
Business
March 5, 2025
BetMGM Announces Layoffs Amid Growing Market Challenges
BetMGM, a top player in the online gambling world, has said it will cut 83 jobs at its main office in Jersey City, New Jersey. The job cuts will start on May 27, as the company deals with slower growth in sports betting and tougher competition from other betting firms. BetMGM Adjusts Strategy as Sports […]
Industry
March 4, 2025
Bally’s Hits Roadblock in $250M Chicago IPO
Bally’s bid to raise $250 million in an initial public offering (IPO) for its highly anticipated Chicago casino project has hit a significant roadblock. The setback has delayed the company’s inclusive equity commitments and fundraising goals, further complicating an already ambitious $1.7 billion development plan in River West. Chicago Mandated at Least a 25% Minority […]
Casino
March 4, 2025
Small Businesses Speak Out Against Wynn Hudson Yards Casino
The proposed $12 billion casino and resort project by Wynn Resorts and Related Companies at Hudson Yards continues to spark heated debate in New York City. While the developers claim the venue will bring substantial economic opportunities, small business owners remain apprehensive, fearing that the massive casino will impact their livelihoods and dramatically change the […]
Industry
March 4, 2025
NCPG Welcomes Problem Gambling Awareness Month, Promotes Understanding
The National Council on Problem Gambling (NCPG) in the United States has celebrated the beginning of Problem Gambling Awareness Month (PGAM), vowing to seek an enhanced understanding of gambling problems. PGAM Is Underway Once Again PGAM is an annual initiative taking place every March when industry stakeholders, health associations, sports entities and regulators join forces […]
Casino
March 4, 2025
Judge Rejects Amazon’s Bid to Curb Discovery in Social Casino Case
A federal judge has turned down Amazon’s effort to limit discovery in an ongoing lawsuit. The lawsuit claims the company profited from social casino games. This decision means the case will move forward with complete pre-trial discovery. Amazon had argued it should be protected from liability under Section 230 of the Communications Decency Act. Judge […]
Industry
March 3, 2025
Evolution Closes In on Anonymous Group Behind Damaging Report
A major court win has brought Evolution AB one step closer to unmasking the identity of the enigmatic entity behind a 2021 anonymous report that sparked a massive sell-off, wiping billions off the company’s market value. A New Jersey Superior Court judge has ruled that the report’s authors must be revealed, marking a significant victory […]
Casino
March 3, 2025
Nevada GC Gives Ex-Security Chief Sandy Seda Second Chance
Sandy Seda, the former security chief at Mandalay Bay Resort & Casino, has been given a second chance in the gaming industry after the Nevada Gaming Commission surprisingly overturned a previous decision to suspend his gaming registration. Narrow 3-2 Vote for His Comeback The reversal, decided in a narrow 3-2 vote, allows Seda to reapply […]
Sports
March 3, 2025
Inter Miami vs. Charlotte 2025 MLS Odds, Time, and Prediction
Yes, we did it again – our Inter Miami pick won last weekend. We correctly predicted that the Herons would beat Houston and that there would be more than three goals. The odds for that combo were around +500. The best thing is that we hit even longer odds in Inter Miami’s first game of […]
Casino
March 3, 2025
Florida Pushes New Bills to Bar All But The Seminole Tribe to Offer Online Gambling
Florida’s sports betting is currently the exclusive purview of the Seminole Tribe and Hard Rock Bet, and lawmakers are keen to keep it this way. Representative Walter Barnaby and Senator Corey Simon filed HB953 and S1404 in their respective chambers to ensure that this is the case. New Bills Want to Prohibit All Internet Gambling […]
