Industry
October 6, 2025
MGCB: Participation in Prediction Markets Will Carry Risks for Licensees
The Michigan Gaming Control Board (MGCB) has warned that gambling operators and other parties seeking to get into the fast-growing prediction markets space that their licenses could be revoked. This comes as regulators and regulated industry stakeholders continue to argue that prediction markets constitute unregulated sports betting. Prediction Markets Have Continued to Grow Despite the […]
Business
October 6, 2025
WarHorse Gaming Secures $300M Deal to Fuel Expansion in Nebraska
Nebraska’s leading casino operator, WarHorse Gaming, the economic development arm of the Winnebago Tribe of Nebraska, has secured a $300 million refinancing deal, paving the way for an exciting expansion. This includes the opening of a new casino in South Sioux City and major upgrades to its current locations in Omaha and Lincoln. WarHorse Plans […]
Business
October 6, 2025
Las Vegas Sands Terminates iGaming Stint
Las Vegas Sands Corp. is discontinuing a digital gaming initiative, a move that will result in the loss of jobs for 300 to 400 employees, including approximately 150 based in Las Vegas. The decision to wind down Sands Digital Services was made earlier this week after company leadership concluded that the project did not align […]
Casino
October 6, 2025
Canadian Player Wins $150K at Caesars’ Flamingo Las Vegas
A Canadian visitor has won a huge prize from one of Las Vegas’ famed Strip casinos. What made this win so special, however, is the fact that it was won after only half an hour at the property. Loyal Caesars Fan Won $150K The Las Vegas Review-Journal, which broke the news on the matter, said […]
Industry
October 6, 2025
New York Mulls Bill to Keep Sportsbooks from Limiting Big Winners
New York politicians are thinking about new rules that could change how online betting sites deal with their best customers. The suggested law, called Assembly Bill A9125 and nicknamed the “Fair Play Act,” aims to stop betting platforms from blocking or limiting players just because they win a lot or bet big. Alex Bores Pushes […]
Industry
October 6, 2025
Public Concern Rises Over Legal Sports Betting
According to a recent Pew Research Center survey, the public is growing increasingly concerned about the legal sports betting industry, with 43% of Americans believing it’s causing harm to society. The number is up from 34% in 2022. Similarly, 40% of participants think it harms sports, up 7% from three years ago. Americans Keep Betting […]
Sports
October 6, 2025
Nevada Judge Denies Crypto.com Sports Contract Injunction
Federal Nevada judge Andrew Gordon has denied Crypto.com’s request for an injunction that would have enabled it to keep offering sports event contracts in the state. The decision shocked many, given that the same judge had granted a similar injunction to prediction market Kalshi earlier this year. The Controversial Definition of “Swap” Crypto.com filed the […]
Casino
October 6, 2025
Bally’s Bronx Casino Progress Pushes Trump’s Company Toward a Big Payday
Bally’s Corporation has taken another step to bring a $4 billion casino complex to the Bronx, gaining crucial backing from a local advisory group this week. This decision keeps the project in the running for New York’s competitive race for three downstate casino permits and sets up the Trump Organization to receive $175 million. Bally’s […]
Lottery
October 3, 2025
Washington Lottery Player Wins $230K Hit 5 Jackpot
Washington’s Lottery officials announced that a lucky player from Snohomish County has hit the Hit 5 jackpot. The win came ahead of the October 2 drawing, causing the jackpot to be reset. The Winning Ticket Was Sold in Monroe According to the official announcement, an unidentified winner managed to correctly match all five winning numbers […]
Industry
October 3, 2025
Prediction Markets Won’t Hurt Sportsbooks’ Earnings, Macquarie Analyst Says
Prediction market products are not competitive with traditional sportsbook operators, Macquarie senior gaming, lodging & theatres analyst Chad Beynon said, so they shouldn’t have a significant financial impact on their earnings in 2025. Prediction Markets Gain Ground but That Won’t Negatively Impact 2025 Earnings, Beynon Claims Beynon stated that the threat appears genuine, especially in newly regulated states where […]
