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Fiona Simmons's latest articles
Fiona Simmons
JournalistAlthough Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at Gambling News is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Industry
May 6, 2025
CFTC Backs Down on Appeal in Political Betting Case Against Kalshi
The Commodity Futures Trading Commission (CFTC) has decided to withdraw its appeal in federal court related to a case against Kalshi. The prediction market remains embroiled in proceedings and legal challenges as the future of such products has been somewhat hazy. However, the CFTC’s latest decision suggests that prediction markets might be here to stay. […]
Sports
May 5, 2025
Top Jockeys Reportedly Join Forces to Form Game-Changing Racing League
A dozen world-famous jockeys have reportedly teamed up to launch a game-changing horse racing league. Set to include many beloved names, the new league is expected to launch later this year. A Star-Studded Lineup According to reports, the new league will be comprised of well-known jockeys, each of which will have their own teams. The […]
Industry
May 5, 2025
Churchill Downs Sees Record Handle as Sovereignty Wins Kentucky Derby
Churchill Downs Incorporated (CDI) announced Sovereignty as the winner of the 151st running of the Kentucky Derby. In addition to that, the company noted that this year, a record-breaking $394 million has been wagered on the event. Sovereignty Prevailed at the Main Race In its official announcement, CDI confirmed that Sovereignty has claimed the Garland […]
Sports
May 5, 2025
NCAA Disciplines Ex-ISU Staffers Who Placed Unauthorized Bets
The NCAA has disciplined five former Iowa State football staffers who violated its strict rules on insider betting. The violators in this case wagered thousands of dollars despite the organization’s prohibition. Five Former Staffers Breached the NCAA’s Rules Last week, ex-Iowa State football staff members Chase Clark, Jace Heacock, Kyle Highlands, Mason Williams, and Michael […]
Industry
May 5, 2025
Montana Sweepstakes in Peril as SB 555 Advances
As multiple US markets continue to fend off the controversial sweepstakes sector, Montana prepares to take decisive steps and ban the vertical. If it does, it will become the first state to actually do so, potentially sparking stronger pushback against social casinos. Montana Might Become the First State to End Sweeps Casinos SB 555 was […]
Business
May 2, 2025
MGM Resorts Increases Its Investment in MGM Osaka by 20%
MGM Resorts International announced that it has increased its projected investment in its integrated resort in Osaka, Japan, by 20%. The company remained unfazed by this decision, remaining very optimistic about the property’s potential performance. The Increased Investment Is Due to Updated Spend Estimates According to MGM’s announcement, which was made during its recent earnings […]
Industry
May 1, 2025
Macau: April GGR Exceeds Expectations But Remains Lower Than in March
Macau’s revenue for April has run ahead of expectations in the wake of a suboptimal start to the year. The results for the month followed suboptimal performance in March, which sparked certain concerns about the future of local gaming. The April Results Exceeded Expectations In April, Macau’s casinos generated total gross gaming revenue of […]
Business
May 1, 2025
Coates Family Reportedly Eyeing $12B Bet365 Sale
The Coates family is reportedly eyeing a sale of the Bet365 brand. While no official announcement has been made yet, people familiar with the matter say that Denise Coates, Bet365’s chief executive officer, has been in talks about a potential sale. Bet365 Sale Rumored to Be on the Table The Guardian reported that Denise Coates […]
Industry
May 1, 2025
Jefferies Analyst Bullish on Slots Despite Transitory Casino Slowdown
Jefferies Equity Research has suggested that demand for slot machines remains strong despite regional fluctuations in gambling revenues. The organization suggested slot machine revenue will likely continue to increase in the wake of a somewhat slow February. The Analyst Believes the Slowdown Is Only Temporary Kai Erman, a Jefferies Equity Research analyst, weighed in on […]
Industry
April 30, 2025
Louisiana Lawmakers Consider Higher Online Betting Tax as HB 639 Advances
Lawmakers in Louisiana are looking to push the state’s online sports betting tax up. If approved, the measure would generate millions in additional tax money. The measure just passed the House Appropriations Committee with overwhelming support, bringing it closer to getting signed into law. Louisiana Seeks to Double Its Online Betting Tax House Bill 639, […]
