Business
November 24, 2025
Kalshi Hits $11B Valuation in Wake of Latest Funding Round
The prediction market Kalshi has reached a $11 billion valuation following its latest funding round, where, according to an insider, the company ended up raising $1 billion. The insider has revealed that the ones who organised the latest round were two of Kalshi’s original investors, Sequoia and CapitalG. The founders of Kalshi are Tarek Mansour […]
Industry
November 21, 2025
Maryland Cracks Down on Sweepstakes Casinos and Prediction Markets
The Maryland Lottery and Gaming Control Agency (MLGCA) has intensified its scrutiny of unlicensed sweepstakes casinos, signaling that the state is ready to confront operators that skirt the boundaries of gambling law. The regulator also sent an official letter to the state’s regulated sportsbooks, warning that any expansion into prediction markets could result in the […]
Lottery
November 21, 2025
Colorado Allows Players to Purchase Lottery Tickets Via Credit Cards
The Colorado Lottery Commission has decided to make a significant change to its rules by allowing players to buy tickets with credit cards and allowing players to buy tickets online. This has proven to be a controversial decision, with some praising the convenience it offers and others critiquing the risks it entails. The Changes Face […]
Casino
November 21, 2025
Hacksaw Gaming Strengthens Ties with Kitsune Studios
Kitsune Studios and Hacksaw Gaming have briefly announced that they are strengthening their partnership once again. Kitsune Studios, which now has three live games and is part of Hacksaw’s OpenRGS platform, has sold a stake for an undisclosed amount to Hacksaw Gaming, which is seeing potential in its further growth. Hacksaw Gaming Pursues Growth within […]
Casino
November 21, 2025
Vegas PD Arrests Man After He Produces Fake Guns Near Circus Circus
The Las Vegas Metropolitan Police Department (LVMPD) responded to a signal about a man brandishing guns at the Las Vegas Strip, with the suspect becoming rowdy and threatening pedestrians. Police Respond to Man Equipped with “Guns,” Take Him in Without Accidents Lieutenant Andrew Kelvington and fellow officers were able to calm down the perpetrator and […]
Casino
November 21, 2025
“Very Little Prospect of Reoffending”: Abramoff Gets 3-Year Probation
Former lobbyist Jack Abramoff, who was once at the center of one of Washington’s most notorious lobbying scandals, has received a new sentence: three years of federal probation for his role in a cryptocurrency fraud. Forced to Pay $2.2 in Restitution The case had nothing to do with his earlier involvement with tribal casinos, but […]
Casino
November 21, 2025
Immigration Crackdown Threatens Nevada’s Casino and Hospitality Workforce
A forum held in Las Vegas drew attention to growing worries that tougher federal immigration rules could affect Nevada’s casino and hospitality industry, putting both workforce stability and economic growth at risk. Fear of Enforcement Reduces Staffing Across Nevada Industries The organizers of the November event put on by FWD.us and Dream Big Nevada cautioned […]
Casino
November 21, 2025
Tough Hearing Ends With Nevada Regulator Approving $7.8M Caesars Fine
The Nevada Gaming Commission has hit Caesars Entertainment with a $7.8 million fine. This comes after state watchdogs found that the company let Matthew Bowyer, a known illegal bookmaker, gamble big at many of its casinos for years. The company did not check where his money came from. Bowyer’s Trail of Violations Spurs Yet Another […]
Lottery
November 20, 2025
Pennsylvania Player Wins $500K Cash 5 Jackpot
The Pennsylvania Lottery announced that a player from Huntingdon County has won the $500,000 jackpot from its Lottery Cash 5 game. In addition to that, the lottery unveiled two winners of $250,000 prizes from Powerball. Cash 5 Player Scoops Up $500K Prize The Lottery Cash 5 jackpot went to a Huntingdon County player who purchased […]
Lottery
November 20, 2025
Florida Lottery Crowns Two More Fantasy 5 Jackpot Winners
Florida’s Fantasy 5 game has crowned two separate winners, with one securing a six-figure prize and the other scooping up a five-figure prize on the very next day. Two Players in a Row Won the Game’s Top Prize November 18 was a somewhat dry day for jackpots in Florida as most of the state lottery’s […]
