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Casino
May 22, 2025
LVS Corp Donates $250,000 to Asian Community Development Council
Las Vegas Sands Corp announced it is donating under the Sands Cares community engagement program to Nevada’s Asian Community Development Council. The company said allocated $250,000 on Wednesday to the Healthy Asian Pacific Islanders Medical Center, as well as development programs for high schoolers and college students. LVS Maintains Its Role with Asian Communities The […]
Sports
May 22, 2025
Kalshi Needs Sports Markets More Than Sports Needs Kalshi
Kalshi has had a string of successes recently. Multiple challenges from US states and their gambling regulators have been largely contained, although more scrutiny is certainly coming. Regardless, early effort to block Kalshi’s sports markets have now come a cropper, as courts have granted the platform’s right to not comply with cease-and-desist letters sent to […]
Business
May 22, 2025
HG Vora Pressures Penn Over $11B Shareholder Value Loss
Activist hedge fund and major Penn Entertainment shareholder HG Vora is intensifying its campaign for change at the gaming company. “Genuine Change Is Needed at PENN” In a detailed presentation titled “Genuine Change Is Needed at PENN,” the fund accused the premier regional casino operator in the U.S of squandering over $11 billion in shareholder […]
Casino
May 22, 2025
DraftKings Faces Class Action Lawsuit Over Claims It Exploits Gambling Addicts
Five people from Pennsylvania have started a federal class action lawsuit against DraftKings. They claim the online sports betting company used tricky marketing tactics to take advantage of people struggling with gambling addiction. Class Action Challenges Legality of DraftKings’ “No Sweat” Bets The lawsuit filed in the US District Court for the Eastern District of […]
Sports
May 22, 2025
CFTC Plans Call with Tribal Groups as Prediction Market Debate Continues
The US Commodity Futures Trading Commission (CFTC) will talk to chosen tribal organizations on May 29. This careful move aims to engage with groups worried about the prediction markets’ future, particularly those linked to sports events. Cancelled CFTC Gathering Raises Questions About Oversight of Sports-Based Contracts This call comes after the CFTC called off a […]
Casino
May 21, 2025
New Advocacy Group Led by VGW Seeks to Fight Back Sweepstake Critics
Facing challenges in the United States, VGW has announced the Social Gaming Leadership Alliance (SGLA), an advocate group, similar to the SPGA, Social and Promotional Games Association. The advocacy will seek to help the company behind such popular brands as Global Poker, Chumba Casino, and Luckyland Casino to similarly challenge the growing animosity towards the […]
Industry
May 21, 2025
US Senate Surprisingly Passes Bipartisan ‘No Tax on Tips’ Bill
In a rare moment of bipartisan unity, the US Senate has passed a bill exempting tips earned by service industry employees from federal income tax. The measure was initially proposed by Sen. Ted Cruz (R-TX) and later championed by Sen. Jacky Rosen (D-NV). Using a procedural maneuver known as unanimous consent, the Senate resoundingly approved […]
Lottery
May 21, 2025
Texas Senate Approves Lottery Commission Dissolution
The Texas Senate has struck against the state’s Lottery Commission, approving a bill that would put an end to the agency. This comes amid a lengthy scandal involving lottery couriers and integrity concerns. SB 3070 Passed the Senate by a Landslide Last week, the Texas Senate voted in favor of offing the Lottery Commission. Senate […]
Industry
May 21, 2025
Ohio Bill Considers iGaming But Strikes Down Sweepstakes
Ohio is considering legalizing iGaming but sweepstakes are a no-go. Ohio Mulls Over Online Casinos A new bill in Ohio has proposed the legalization of online casinos, potentially turning the Buckeye State into the next iGaming market. However, the bill also outlined certain restrictions to how gaming could be regulated. House Bill 298 was introduced […]
Casino
May 21, 2025
Rhode Island Casino Workers Pressure Senate to Ban Indoor Smoking
Casino workers in Rhode Island are continuing their fight against indoor smoking, arguing that nothing short of a complete ban would be enough. Casino Workers Seek Better Conditions On Tuesday, approximately 150 casino workers entered the State House, expressing their support for a bill seeking to end indoor smoking. The measure in question was introduced […]
