Lottery
October 13, 2025
Mega Millions Jackpot Eludes Players, Reaches $600M
The Mega Millions jackpot has reached new heights after evading players for a while. Confident players can hope for a life-changing top prize of some $600 million. The Last Drawing Crowned No Big Winners The Mega Millions jackpot has continued to increase after it remained unclaimed during the most recent drawing. While a few players […]
Industry
October 13, 2025
Rhode Island Continues Mulling Over Ending Its Online Sports Betting Monopoly
Rhode Island continues to contemplate ending its online sports betting monopoly and liberalizing the market in order to capitalize on the growing demand for wagering products. Rhode Island Operates Online Betting Under a Monopoly Model Ever since the repeal of the PASPA, dozens of US states have launched their own sports betting markets, tapping into […]
Industry
October 13, 2025
Harald Neumann Steps Down as Ainsworth CEO Amid Nevada Licensing Turmoil
Ainsworth Game Technology (AGT) finds itself in a sudden leadership vacuum after the abrupt resignation of CEO Harald Neumann, announced by the company in a Monday filing to the Australian Securities Exchange. Neumann’s departure comes just days after the Nevada Gaming Control Board (NGCB) recommended he withdraw his application for a key gaming license renewal […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Industry
October 13, 2025
Former Live! Casino & Hotel Employee Admits to “Comps” Scheme
Two former employees of Live! Casino & Hotel Maryland were charged with misusing complimentary perks intended for customers to secure large winnings. One of the former employees, Sonejah Richards, 27, of Forestville, has pleaded guilty to his role in the $27,000 scheme at the Hanover casino. Richards Admits to Conducting the Casino Scheme Richards received […]
Lottery
October 13, 2025
Florida Man Heists Lottery Shop, Tries to Cash in Tickets
One Florida man had the perfect crime planned. Rob a local lottery shop, scoop up hundreds of tickets, and try to cash in any winners – at the exact location. Justin Farley, 43, was arrested by the St. Petersburg Police Department over his alleged robbing of a Circle K shop in the city. Returning to […]
Casino
October 13, 2025
California Bans Sweepstakes Casinos Starting 2026
The legislature agreed unanimously, and Governor Gavin Newsom made it official: sweepstakes casinos will no longer be available for Californians starting January 1, 2026. No Votes Against Assembly Bill 831, a measure that enjoyed strong backing from the California Nations Indian Gaming Association (CNIGA), passed with zero opposing votes over the weekend. CNIGA argued that […]
Business
October 13, 2025
Elon Musk Firm Accused of Environmental Breaches in Las Vegas Tunnel Project
Nevada environmental regulators have accused Elon Musk’s Boring Company of 800 violations related to its ongoing Las Vegas tunneling project. This has renewed attention on the company’s compliance practices and workplace safety record. Stop-Work Order Targets Boring Company for Alleged Wrongdoing The Nevada Division of Environmental Protection (NDEP) sent a cease-and-desist letter detailing the alleged […]
Poker
October 13, 2025
California Judge Throws Out Tribal Casinos’ Lawsuit Against Cardrooms
A California judge has stopped tribal casino operators from challenging their non-tribal competitors again, dealing another blow to their long fight over who runs casino-style games in the state. Federal Law Has Priority in California Lawsuit Sacramento County Superior Court Judge Lauri Damrell tossed out a lawsuit tribal governments filed. They claimed they had the […]
Business
October 13, 2025
High Interest Rates Put Casino M&A Activity on Hold
Mergers and acquisitions in the casino industry seem to have slowed down, as steep borrowing costs continue to discourage big deals. Talks at the recent Global Gaming Expo (G2E) in Las Vegas suggest that the usual excitement around deal-making has died down this year. Caution Dominates G2E as Casino M&A Waits for Interest Rate Relief […]
