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Industry
March 19, 2025
Michigan Online Gaming and Betting Slowed Down in February
The Michigan Gaming Control Board (MGCB) has published information about the local online gaming and sports betting markets’ performance in February. The report showed a significant increase in sports betting from January despite the Super Bowl. iGaming & Sports Results Weaker than January, Stronger than February 2024 According to the MGCB, Michigan’s commercial and tribal […]
Business
March 19, 2025
Bally’s Plans Casino with Ownership Perks for Bronx Locals
Bally’s Corporation, the leading hospitality and gaming company, is one of nearly a dozen gambling operators and coalitions looking into the possibility of securing a casino license in New York. While competition is fierce, only three licenses are up for grabs. Benefits for Bronx Residents Include Pledges to Community Programs, Investment Opportunities In an effort […]
Industry
March 19, 2025
“Seeking Understanding” Webinar Recommends Methods for Identifying Problem Gambling
“Seeking Understanding” saw several experts discuss the complex ecosystem of modern gambling and how modern tools can help to identify people who suffer from problematic gambling. What Did “Seeking Understanding” Outline? “Seeking Understanding” was a webinar held this week and hosted by AGEM Director of Responsible Gaming Connie Jones, and it focused on discussions regarding […]
Industry
March 19, 2025
Casino Winner Claims Jackpots After Presenting Residency Proof
In the summer of 2023, Eduardo Cardoso found himself in an unusual predicament. After he hit several jackpots at a casino in South Florida, the Cuban man was not allowed to collect his winnings. The reason? A federal restriction. Frequent Player Stroke It Big Three Times “I like to go to the casino like any […]
Lottery
March 19, 2025
Texas Courier Services Investigation Stalls $83.5M Jackpot Payout
In February, a lucky woman won an $83.5 million jackpot from Lotto Texas. The life-changing sum was won from a ticket purchased via the DraftKings-owned lottery courier app Jackpocket. Unfortunately, an investigation into the win and lottery couriers has stalled the payout. Couriers Face Trouble in Texas The winning ticket was purchased using Jackpocket, through […]
Industry
March 19, 2025
Maryland Orders Sweepstakes Operator VGW to Cease-and-Desist
The Maryland Lottery and Gaming Control Agency has slammed sweepstakes casino giant Virtual Gaming Worlds (VGW) with a cease-and-desist letter. The regulator argued that the operator’s products constituted illegal gaming and that it must pull out from the market. This regulatory action aligns with a broader opposition to the sweepstakes format across America. Maryland Cracks […]
Industry
March 19, 2025
Up to 15 Years in Prison for Man Who Shot Casino Security Guard
Jurors in Kern County have convicted R.C., the man who fired a gun at a Golden West Casino security guard in 2023, on multiple charges. The verdict was announced Monday by the District Attorney of the gambling-approved region that approved Tejon’s operations at Hard Rock Hotel and Casino in 2022. R.C. could be looking at […]
Industry
March 19, 2025
Economists Predict Higher Sin Taxes Will Affect Ohio Markets
Recently, Ohio Gov. Mike DeWine proposed an increase in sports betting taxes, marking another tax hike after the state already doubled its betting tax in 2023. The latest push seeks to generate funds for sports facilities across the state, among other initiatives. Experts Agree Increase in Gambling and Cannabis Taxes May Decrease the Harmful Effect […]
Industry
March 19, 2025
Prediction Markets’ Future Analyzed by Bank of America Analyst
The rise of popularity in prediction markets was fueled by the recent Presidential elections in the United States. The offering of futures contracts gained significant speed ahead of the elections and in light of Kalshi’s legal case success against the Commodities Futures Trading Commission (CFTC), the federal regulator in charge of prediction markets. Futures Trading […]
Lottery
March 19, 2025
Pennsylvania Lottery Wants to End Profit Rule as Customers Change
The Pennsylvania Lottery has asked lawmakers to rethink the state’s old 20% profit rule for regular lottery games. Lottery executives say getting rid of this rule would let them offer more game types and make more money for state programs that help older state residents. Pennsylvania Lottery Pushes to End Profit Mandate, Citing Demand for […]
