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Industry
December 11, 2024
Michigan Mulls over Slight Tax Hikes for Sports Betting, iGaming
Michigan lawmakers have proposed changes to how sports betting and online casino gaming are taxed in Michigan. While Michigan’s gambling tax will still remain fairly low, the two separate bills envision slight tax increases. Michigan Lawmakers Introduce Two Tax Bills The bills to raise the sports betting and iGaming taxes were introduced by Senators Sam […]
Industry
December 11, 2024
NJ to Donate $720K to Six Addiction Treatment Organizations
New Jersey has unveiled new grants that would help gambling addiction treatment organizations across the state. The state is ambitious to make help more readily available and effective as the iGaming sector grows. The Government Has Approved $720K in Grants The government has approved a total of $720,000 in grants. This money will be awarded […]
Industry
December 11, 2024
FanDuel Rolls Out “My Spend” to Boost Responsible Gaming Options
FanDuel Group has launched a new feature called “My Spend” to improve its range of responsible gaming tools. FanDuel Unveils Personalized Dashboard for Enhanced Budgeting and Gaming Insights Created to give users better insights into their gaming activities, the personal dashboard allows customers to track spending patterns and handle their budgets well. This new addition […]
Industry
December 11, 2024
RMS Capital Announces The Top Hat Boutique Hotel in Atlantic City
A unique boutique hotel inspired by the classic board game Monopoly is set to be developed in Atlantic City, the birthplace of the game’s iconic street names. RMS Capital, a New Jersey-based real estate developer, announced its plans to break ground on The Top Hat at The Orange Loop in 2025. The hotel, drawing inspiration […]
Legal
December 11, 2024
BetMGM Faces Third Circuit Appeal in Negligence Suit by Problem Gambler
The legal battle between BetMGM, a popular betting and gaming operator in the United States, and one alleged gambling addict continues. The aforementioned case, filed by Sam Antar, the nephew of the founder of the now-defunct “Crazy Eddie” electronics store chain, recently gained traction after the plaintiff filed an appeal. Third Circuit Court of Appeals […]
Industry
December 10, 2024
Polymarket Releases Betting on UnitedHealthcare CEO Killer’s Arrest
The murder of UnitedHealthcare CEO Brian Thompson is certainly one of the most talked-about events right now. While many were shaken by the brutal killing, fearing that it highlighted increasing lawlessness, there were also some people online who actually showed sympathy for the killer. For Polymarket, it’s business as usual. Mangione Is Believed to Be […]
Business
December 10, 2024
Underdog’s Peer-to-Peer Shift Enabled Business Growth
Underdog Fantasy, a leading daily fantasy sports (DFS) operator, has deviated from its original operating model in several states in an attempt to expand its business while remaining compliant with local regulations. As a result, it now operates player-versus-house DFS in half of its US markets and peer-to-peer in the rest. The Company Went Peer-to-Peer […]
Legal
December 10, 2024
CFTC’s Tensions with Kalshi Escalate amid Legal Battle
The US Commodity Futures Trading Commission (CFTC) is locked in an increasingly contentious battle with Kalshi, a prediction marketplace allowing users to trade event-based futures contracts ranging from the traditional to the bizarre. The dispute, centered on the legality and oversight of Kalshi’s offerings, has escalated in the wake of a September court decision allowing […]
Business
December 10, 2024
BetMGM Names Ex-Fiat Chrysler Head Hurbis as New CMO
BetMGM, the joint venture between MGM Resorts International and Entain Holdings, has appointed seasoned marketing executive Casey Hurbis as its new chief marketing officer (CMO). Impressive Experience Over Three Decades The company praised Hurbis for his “innovative, needle-moving strategies” and extensive experience spanning over three decades in multiple industries. Hurbis joins BetMGM after a recent […]
Casino
December 10, 2024
Player Wins $3M Slot Jackpot at Seminole Hard Rock Casino Hollywood
One fortunate Seminole Hard Rock Hotel & Casino Hollywood visitor will undoubtedly never forget his recent visit to the popular casino in southern Florida. This is because the lucky winner scored a whopping jackpot of nearly $3 million after playing a fan-favorite slot game. A Record Jackpot for Aristocrat Gaming While the name of the […]
