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Business
January 2, 2025
DraftKings Shares Underperform amid Insider Selling
DraftKings Inc. had a tough December, with its shares falling 10.62% over the last month. This underperformance contrasts the broader market, with the Consumer Discretionary sector down just 0.11% and the S&P 500 Index up 0.4%. Retail investors are also unhappy due to 2024’s significant insider stock selling, which did not help DraftKinds’ shares. DraftKings […]
Casino
January 2, 2025
MS Casino Players Won Millions in Jackpots in 2024, Bigger Prizes Await
Casinos in Mississippi have handed millions of dollars in prizes to lucky casinogoers in 2024. Some of the luckiest players for the year won sums north of a million dollars, SunHerald reported at the end of the year. Many Players Won Significant Sums The largest jackpot for the year was won by a player at […]
Legal
January 2, 2025
Armed Robbers Steal Gambling Machine from Smoke Shop
A group of robbers has stolen a gambling machine from a smoke shop in Bakersfield, California. One of the suspects was successfully identified and has since been arrested. One Man Was Arrested The robbery occurred on December 3 at Discount Shack & Tobacco, a non-stop tobacco shop in the city. According to court filing, four […]
Industry
January 2, 2025
Prediction Markets Put on Notice Not to Accept Contracts on Crimes
Kalshi, one of the most ambitious and forward-thinking platforms that fought and won a legal battle to allow future contracts on the outcome of the United States presidential election, was put on notice by the federal government, and the US Commodity Futures Trading Commission (CFTC), to not offer markets that breach regulatory statures. Regulated by […]
Industry
January 2, 2025
Washington Post Editorial Questions the Wisdom of Sports Betting Legalization
Enjoying tens of millions of readers, The Washington Post’s editorial addresses have long been considered some of the most influential in the United States. Now, the Jeff Bezos-owned newspaper has aimed at one of the hottest issues of the day – the mass legalization of sports gambling in the country. Is Sports Betting Legalization a […]
Sports
January 2, 2025
Minnesota Vikings vs. Detroit Lions Week 18 NFL Odds, Time, and Prediction
The No. 1 seed skips the Wild Card round, earns the right to host all of its Playoff games (except the Super Bowl), and gets to face the lowest seed from the conference in the first round. So, which team will win the No. 1 seed in the National Football Conference – Minnesota Vikings or […]
Industry
January 2, 2025
North Carolina Court of Appeals Rules Against Skill Game Manufacturer
North Carolina is one of many states to have raised issues with sweepstakes and skill-based games, with the state’s Court of Appeals voting on Tuesday, December 31, in favor of closing down venues that operate sweepstakes kiosks in Robeson County specifically and affecting No Limit Games, a manufacturer. North Carolina’s Court Finds Skill-slash-Sweepstake Games to […]
Industry
January 2, 2025
Comedian Cancels Performance to Show Solidarity with Virgin Hotels’ Embattled Workers
Famous comedian Steve Hofstetter, 45, has decided not to show up at his scheduled performance at Virgin Hotels Las Vegas. His decision aims to highlight his support for the striking workers of the casino property. The January 4 Performance Has Been Canceled Virgin Hotels Las Vegas’ workers have been striking for some time amid the […]
Casino
January 2, 2025
Bally’s Chicago Opens Investment to Women and Minority Investors
Bally’s Chicago has rolled out an investment program to boost diversity and inclusion in its $1.7 billion casino and resort project, which is now being built in River West. The company is offering investors a chance to buy a 25% stake in the project, but this opportunity is open to women and minority investors. Bally’s […]
Business
January 2, 2025
180 Life Sciences to Raise $2.9M as It Shifts Focus to iGaming
180 Life Sciences Corp. has set the price for its $2.9 million securities offering to raise funds through direct stock sales and private warrant placements. The biotech company, which is shifting more towards entertainment and online gaming, said institutional investors will buy 1.2 million common stock shares in a direct offering. This approach follows Nasdaq’s […]
