Industry
April 24, 2025
Macau Pressures Casinos to Step Up Non-Gaming Investment
As Macau’s post-COVID recovery delivers steady, rather than spectacular, financial results, local authorities continue to remind gaming concessionaires of their obligations to support diversification initiatives. Macau Secretary for Economy and Finance Tai Kin Ip has taken charge of these efforts, hoping to hasten the region’s evolution into a leading tourism destination. The Government Is Tightening […]
Industry
April 24, 2025
Nebraska Pulls the Plug on Online Sports Betting Resolution
Nebraska legislators have voted against proceeding with a ballot measure that would have legalized mobile sports betting in the Cornhusker State. On Wednesday, State Sen. Eliot Bostar officially pulled Legislative Resolution 20CA, his proposed constitutional amendment, after it became clear the legislation didn’t have the votes to overcome a filibuster and move on to a […]
Industry
April 24, 2025
Horseracing Industry People Board Secures $1M in Funding
The Horseracing Industry People Board (HIPB) in the UK announced that it has secured a total of £759,000 (approximately $1 million) in funding from the Racing Foundation and Horserace Betting Levy Board (HBLB). The money would help the former group’s workforce-related initiatives for 2025. The Funding Will Support HIPB’s Workforce Strategy According to the announcement, […]
Industry
April 24, 2025
Bally’s Chicago IPO Faces Legal Challenges
Bally’s Corporation has published an update on its Chicago Casino plans, warning that the planned initial public offering faces certain legal headwinds, which could incur “significant costs.” Many Are Unhappy with the Offering’s Restrictions For context, the development of Bally’s Chicago Casino has long been marred by certain financial concerns. Because of that, the company […]
Industry
April 24, 2025
UK Government Puts Slot Machine Rule Changes on Hold
The UK government has delayed plans to loosen long-running limits on slot machines in adult gaming centers (AGCs) throughout Great Britain. This decision comes as a response to increasing worries about safeguarding at-risk players. The pause has upset industry leaders who had been calling for changes to the rules. No Change to ’80/20′ Slot Rule […]
Industry
April 23, 2025
Sri Lanka Accepts Draft Bill to Regulate Gambling Sector
On April 21, Sri Lanka’s cabinet gave the green light to a draft bill aimed at creating a dedicated Gambling Regulation Authority, marking a step closer to creating a regulatory framework for the country’s gambling industry. Sri Lanka Is One Step Closer to Creating Governing Body Overseeing the Gambling Industry According to an official statement […]
Industry
April 23, 2025
Kalshi Fires Back at Maryland Regulator in New Lawsuit
Tensions between state regulators and emerging prediction markets have further escalated as KalshiEX LLC filed a lawsuit against the Maryland Lottery and Gaming Control Commission (MLGCC) on Monday, challenging a recent cease-and-desist order that threatened to jeopardize its business in the state. This development comes shortly before the CFTC’s April 30 roundtable, an event that […]
Industry
April 23, 2025
Bill 1311 Plans to End Colorado Free Sports Wager Tax Break
House Bill 1311 (HB25-1311), introduced by State Sen. Dylan Roberts (D), recommends increasing revenue from operators by taxing the free wagers given out by sportsbooks. House Bill 1311 Aims to Boost Water Fund The idea is to bolster the state’s water fund by ending the tax deduction that sportsbook operators take from free bets offered […]
Industry
April 23, 2025
Bally’s Saves NY School from Closure as License Race Continues
Bally’s Corporation has agreed to purchase Preston High School, a Catholic all-girls high school in the Bronx, saving it from certain closure. This philanthropic act comes as the American casino operator continues its fight for one of the three downstate New York casino licenses. Bally’s Purchased the Property for $8.5М On April 22, Bally’s Foundation, […]
Industry
April 22, 2025
Lightning Strikes Twice with Zeus’s Thunderbolt Plinko by NetGaming
NetGaming is looking to shake up the iGaming scene with the release of Zeus’s Thunderbolt Plinko, a bold reimagining of the tried and tested ball-drop format that boasts shocking mythological flair and powerful new gameplay dynamics. While the title is a departure from NetGaming’s regular slots offerings, it allows players to engage with a new […]
