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Industry
January 31, 2025
Iowa House Passes Five-Year Ban on Casino Expansion
In a move that has sparked debate across the state, the Iowa House of Representatives passed legislation on Thursday imposing a five-year moratorium on approving new casino licenses. The bill, which passed 68-31, effectively freezes the plans for a highly anticipated casino development in Cedar Rapids and could have substantial long-term effects on the region’s […]
Business
January 31, 2025
Nevada Casinos Report Solid Results for December and 2024
The last 12 months marked another strong period for casinos in Nevada, newly released financial data reveals. On Thursday, the state’s gambling regulator, the Nevada Gaming Control Board, released financial details regarding the performance of casinos across the state in December and the full year 2024. Year-over-Year Gaming in December Records an Uptick Focusing on […]
Industry
January 31, 2025
Grand Traverse Band to Distribute $814K Among Michigan Bodies
The Grand Traverse Band of Ottawa & Chippewa Indians, one of Michigan’s largest tribal operators, unveiled its second allocation for 2024. Under its agreement with the state, the tribe distributes money to governmental organizations two times a year. According to the announcement, the Grand Traverse Band of Ottawa & Chippewa Indians agreed to distribute $814,480.71 […]
Legal
January 31, 2025
Washington Tribes Warn Players about Online Casino Scam
Washington tribal operators are concerned about the proliferation of a prominent scam inviting players to gamble online. To make matters worse, some of these ads have impersonated existing operators, trying to pass their products as legal. As it turns out, the scammers might not be interested in offering casino games but in stealing customers’ data. […]
Legal
January 31, 2025
Nevada Gaming Commission Rejects Settlement with Nicole Bowyer, Seeks Harsher Penalty
The Nevada Gaming Commission has rejected a proposed settlement with ex-Resorts World Las Vegas agent Nicole Bowyer. The proposal would have revoked her license for five years but the regulator does not seem to be willing to let her off the hook so easily. A Not-So-Independent Agent Nicole, for context, is the spouse of the […]
Legal
January 31, 2025
Lawsuit Claims Bally’s Chicago IPO Discriminates White Men
The leading gaming and hospitality company, Bally’s Corporation, is in hot water in Illinois after a newly filed lawsuit alleges discrimination against White men for an investment opportunity. White Men Excluded from IPO Results in Lawsuit Filed with the US District Court Northern District of Illinois, the lawsuit names Bally’s Corporation and the City of […]
Business
January 31, 2025
Analyst Suggests VICI May Target Caesars Forum Acquisition
The owner and acquirer of real estate assets across leading gaming, hospitality, entertainment and leisure destinations, VICI Properties, may consider acquiring Caesars Forum on the Las Vegas Strip, an analyst suggests. VICI Aims at Annual Yield of 8-10% on Its Properties, Boosted by Potential Deals That’s the take of Carlo Santarelli, a Deutsche Bank analyst, […]
Sports
January 31, 2025
Harvard Panel Raises Alarm Over Harm Stemming from Spread of Sports Gambling in US
A panel of academics joined a panel held over Zoom to discuss the risks associated with the proliferation of gambling in the United States. Since 2018, when a seminal piece of legislation known as PASPA was overturned by the Supreme Court of the United States, sports gambling has expanded at a rapid clip. Addressing Gambling-Related […]
Industry
January 31, 2025
Prosecutors Refute Mizuhara’s Gambling Addiction Claims
In April 2024, radio and television personality Craig Carton argued that Shohei Ohtani’s former interpreter, Ippei Mizuhara, who allegedly stole $16 million from the Japanese baseball star to cover gambling debt, was suffering from “textbook gambling addiction.” In June 2024, Mizuhara pleaded guilty, admitting that he had access to the athlete’s bank accounts and used […]
Sports
January 31, 2025
Miami Heat’s Terry Rozier Facing Federal Gambling Probe
The statewide expansion of sports betting inevitably impacted many sports, affecting not only professional but collegiate athletes. But while in some cases a disgruntled bettor would take it to social media to share dissatisfaction with a lost bet, in other cases, concerns about the integrity of popular competitions are raised. Professional athletes are also not […]
