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Melanie Porter's latest articles
Melanie Porter
EditorAfter finishing her master's in publishing and writing, Melanie began her career as an online editor for a large gaming blog and has now transitioned over towards the iGaming industry. She helps to ensure that our news pieces are written to the highest standard possible under the guidance of senior management.
Casino
July 29, 2025
Musk’s xAI Teams with Kalshi to Power Prediction Markets
Elon Musk, the wealthiest man on the planet, with an estimated net worth of $424.7 billion, has found a new favorite hobby following his departure from the Department of Government Efficiency amid his feud with President Donald Trump. The magnate best known as Tesla, SpaceX, and X boss is ready to cross yet another frontier […]
Industry
July 28, 2025
NJ Bill Seeks to Ban Microbetting on Sports
A New Jersey legislator is looking to slam the brakes on microbetting, one of the fastest-growing trends in sports gambling. Assemblyman Dan Hutchison, a Democrat, introduced Bill A5971 on Friday, with the purpose of preventing state sportsbooks from providing bets on individual plays, pitches, or other in-game actions that unfold in seconds. The Bill, a […]
Sports
July 25, 2025
Joe Asher’s Boomer’s Sportsbook Gets Launch Approval
Nevada is getting ready to usher in a brand new player on the sports betting market, following the state’s Gaming Commission unanimously approving Boomer’s Sportsbook on Thursday. Boomer’s is a new independent operator managed by Joe Asher, a longtime industry veteran with emphasis on sports betting and racing, a Gambling Hall of Fame inductee, and […]
Casino
July 25, 2025
Bally’s Chicago Ready to Complete $250M Casino IPO
After months of setbacks, Bally’s Chicago is pushing to complete its $250 million initial public offering (IPO), aiming to finalize the deal in the coming weeks. The casino project, tied to the construction of a $1.7 billion entertainment complex in River West, has faced regulatory hurdles and legal pushback since the IPO was first launched […]
Sports
July 24, 2025
Penn Gets “Hold” Rating as Casinos Lag, ESPN Bet App in “Best Position”
Jefferies analyst David Katz, who recently called DraftKings’ binary events contracts policy “measured” and maintained a Buy recommendation for Light & Wonder’s stock in December 2024, is now maintaining a cautious Hold rating on Penn Entertainment’s stock. Slow Growth for Regional Casinos Katz has decided to stick to his original $20 price target despite shares […]
Industry
July 24, 2025
Titus to Push FAIR Bet Act at Vegas Tax Reform Hearing
Nevada Rep. Dina Titus, who added two new cosponsors to her bipartisan FAIR BET Act earlier this week, will be seizing a rare opportunity this Friday, when the powerful House Ways and Means Committee will bring a field hearing to Las Vegas to promote the recent Trump-backed tax overhaul. Hearing with Pre-Approved Witnesses Only The […]
Casino
July 23, 2025
Michigan Supreme Court Backs Gambler in $3.1M BetMGM Dispute
Following two defeats in lower courts, gambler Jacqueline Davis has finally hit the jackpot in her legal fight against BetMGM. On Tuesday, the Michigan Supreme Court ruled unanimously in favor of Davis, giving her another chance to fight for more than $3 million in disputed online gambling winnings as the case returns to the trial […]
Sports
July 23, 2025
CVC to Acquire GLI in Major Industry Shakeup
Leading international private markets manager with a global network of 30 local offices, CVC Capital Partners, is getting ready to take over Gaming Laboratories International (GLI), one of the gaming industry’s most influential testing and compliance firms. The planned acquisition, which surfaced through recent antitrust filings in Austria and Malta, would give the private equity […]
Industry
July 22, 2025
Bill to Restore Gambling Loss Deductions Gets Two New Sponsors
Efforts to undo a controversial cut to gambling loss deductions gained more momentum this week, as two more lawmakers signed on to support the repeal. Soto and Deluzio Join Fight Against New Cap On Monday, Nevada Rep. Dina Titus announced on social media that Florida Democrat Darren Soto and Pennsylvania Democrat Chris Deluzio have joined […]
Business
July 22, 2025
Polymarket Buys QCEX to Make US Market Comeback
Polymarket is making its long-awaited comeback to the United States, and it’s doing so by playing by the rules this time. The popular blockchain-based prediction market has announced that it has acquired QCEX, a Commodity Futures Trading Commission (CFTC)-regulated exchange and clearinghouse, in a $112 million deal that finally provides the company with a fully […]
