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Casino
August 20, 2024
Virtual Gaming Worlds Set to Exit Delaware as Pressure Mounts
The Delaware Lottery has now reportedly asked Virtual Gaming Worlds (VGW), an operator of sweepstakes businesses, to withdraw from the state. The company is known for such popular brands as Luckyland, Global Poker, and Chumba Casino, all of which used the sweepstakes model to continue doing business without seeking an official gambling license. Virtual Gaming […]
Industry
August 20, 2024
AGA Blasts Sweepstakes Businesses in New Industry Memo
The American Gaming Association (AGA), a trade group that has ratcheted up the talk against illegal gambling in the United States and has gone after the likes of Bovada and BetOnline, has now issued a new memo in which it lambasts the sweepstakes sector and questions its legitimacy. Sweepstakes Businesses Come Under Increased Scrutiny The […]
Sports
August 19, 2024
Oklahoma Tribal Gaming Leaders Hope to Bring Sports Betting to the State
To try and change the state’s fortunes, 2,000 tribal leaders met with representatives of sports betting and gambling companies in Oklahoma City recently to discuss the potential legalization of sports gambling. The meeting mostly focused on acknowledging the realities on the ground – without regulated gambling, illegal gambling will continue to take precedence, and people […]
Casino
August 19, 2024
Californian Tribal Gaming Operations May Soon Be Able to Sue Cardrooms
A new bill has made it to the assembly floor after SB 549 was approved with a 14-0 vote in the Assembly Appropriation Committee. The Tribal Nations Access to Justice Act will essentially allow Californian tribes to sue cardrooms over their offer of blackjack and poker games, which are supposedly the exclusive rights of the […]
Business
August 19, 2024
Analyst Claims Penn Entertainment Is Undervalued
However, Penn Entertainment has been rallying over the past 90 days, inching up 20.7% and Barry Jonas, a Truist Securities analyst, believes that there is more than meets the eye in the company. Penn is also a potential acquisition target for Flutter Entertainment, although the company seems reluctant to sell. Penn’s Unrecognized Value May Play […]
Casino
August 19, 2024
Trump and Harris Zero Tax on Tips for Casino Workers May Be Red Herring
Both Trump and Harris have promised casino workers that they would pass legislation that exempts tips from taxes, effectively boosting their cash-on-hand in real terms. Yet, none of the two candidates has told workers how hard passing such legislation would be, verging on the impossible. Trump and Harris Think Good Politics, Not Good Policy Eliminating […]
Industry
August 19, 2024
NBA Awards Voters Prohibited from Placing Bets on the Event
Integrity has been a byword for NBA Commissioner Adam Silver’s stint at the helm of the organization. Having presided over the association’s expansion into the sports betting space, Silver has also vowed to decouple the organization from attendant corruption surrounding the betting vertical. League Rules Now Strictly Prohibited Betting on NBA Awards To ensure that […]
Industry
August 16, 2024
AGA Hails 14th Consecutive Quarter of Growth with Gaming Revenue Hitting $17.63B
In the quarterly update of its Commercial Gaming Revenue Tracker, the American Gaming Association (AGA) noted that the industry has continued to grow well into the second quarter of 2024, registering gains across all tracked performance markers, namely total gross gaming revenue, traditional casino gross gaming revenue, sports betting gross gaming revenue, and iGaming gross […]
Industry
August 16, 2024
Tropicana Atlantic City Teen Muggers Busted
Last Friday, a man was walking outside the Tropicana Atlantic City, when he was approached from behind by a group of five teenagers. None of them were older than 15, police would soon establish. Perpetrators Do Not Get Away with It In the moment, one of the boys pulled out a large knife and put […]
Industry
August 16, 2024
Jared Cannonier vs. Caio Borralho UFC on ESPN 62 Odds, Time, and Prediction
MMA fans aren’t too crazy about Apex events, but this one has the potential to change their mind. It’s mainly because of the headliner fight which is a middleweight clash between Jared Cannonier and Caio Borralho. In this post, we’ll explain why this is a fight to pay attention to, as well as share our […]
