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Industry
March 17, 2025
No Shooting Incident at Circus Circus, Police Say
Guests at Circus Circus Hotel & Casino on the Strip were left shaken on Saturday evening as police were quick to respond to reports of a possible shooting incident at the scene. Later on, the authorities confirmed it was a false alarm. Guest: “People Started Crying” As the chaotic scene unfolded at the property near […]
Industry
March 17, 2025
Casinos and Sports Betting Face Tough Opposition in Texas House
The expansion of gambling activities in Texas represents an effort that has failed many times throughout the history of the state. In the last decade alone, the push toward casino gambling and sports betting intensified but the chances of a proposal passing through the state’s legislature remain low. Only recently, the massive scandal that involved […]
Blockchain
March 17, 2025
Wire Fraud Charges Lead To CluCoin Founder’s Sentencing in Florida
Over the last few years, highly volatile cryptocurrency markets have made many people millionaires. While some were fortunate enough to make the score of their life, others were not so lucky and lost everything. In one such recent case, investors who supported a charity-oriented cryptocurrency token project lost more than $1 million, after the founder […]
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 […]