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Industry
February 27, 2025
Ohio Cracks Down on Illegal Gambling, Seizes 200 Machines
There is currently a range of legal gambling options available to visitors and residents of Ohio. From slots, casino gambling and mobile and retail sports betting, the state offers robust options to people who enjoy gambling. Regardless of the legal offering, the state continues to combat illegal gambling, both online and via illegal betting venues. […]
Industry
February 27, 2025
Mississippi House Advances Bill to Bring Casino Resort to Jackson
The Mississippi House of Representatives is getting ready to debate a bill that could bring a casino resort to the state capital, Jackson. The decision would mark an important shift in the state’s approach to gaming development. HB 1879 Would Attract a $500M Investment House Bill 1879, which cleared the House Ways and Means Committee […]
Sports
February 27, 2025
Four UNO Athletes Linked to Possible Sports Betting Probe
The growing popularity of sports betting across the United States continues to raise concerns about the integrity of college and professional competitions. Fears about potential match-fixing further loom amid the increasing number of cases where athletes are found to have breached rules related to betting. Such is the case for four University of New Orleans’ […]
Casino
February 27, 2025
Pennsylvania Gaming Control Board Fines Casino and Bans Nine People
The Pennsylvania Gaming Control Board (PGCB) has fined Presque Isle Downs & Casino $81,575 for breaking rules. Presque Isle Downs Fined Over $80K for Slot Machine and Licensing Violations The Board decided on the penalties for Presque Isle Downs & Casino at a meeting on February 26. The casino got in trouble because it did […]
Lottery
February 27, 2025
Former Lottery.com CEO Faces Charges for Securities Fraud and Obstruction
The FBI has brought charges against Vadim Komissarov, who used to run Trident Acquisitions Corp. He is facing accusations of securities fraud, obstruction of justice, and lying under oath. FBI officials say Komissarov cooked up a plan to trick investors by pumping up revenue numbers and hiding financial problems. His goal was to push through […]
Industry
February 26, 2025
Mississippi Moves to Raise Casino Taxes amid Online Betting Debate
The ongoing attempts to reshape Mississippi’s gambling landscape could result in a significant casino sector tax hike after the House Ways and Means Committee approved raising the levy from 12% to 16%. The motives behind this proposal lie in the Mississippi Senate’s unsuccessful attempts to legalize online wagering, costing the state significant missed revenues. Mississippi […]
Industry
February 26, 2025
Prediction Markets Grapple with Rising Scrutiny in the USA
Prediction markets are at the epicenter of a growing debate as regulators and industry stakeholders clash over classification and oversight. The American Gaming Association (AGA) has publicly opposed this practice, filing a formal letter to the Commodities Futures Trading Commission (CFTC) on Thursday. AGA requests to join next month’s Washington, D.C. roundtable discussion on sports […]
Business
February 26, 2025
Caesars Publishes 2024 Financials, Considers Divesting Non-Core Assets
American gaming powerhouse Caesars Entertainment has published its Q4 and FY 2024 financials, highlighting stable revenue and an increase in net income, despite a slight decline in adjusted EBITDA. In addition to that, the company announced that it is open to the possibility of selling more non-core assets in order to reduce its debt. Caesars […]
Industry
February 26, 2025
NJ Gov. Murphy Proposes Raising Online Gaming and Betting Tax
New Jersey’s governor is eyeing an iGaming tax hike to address the state’s financial needs. This mirrors proposals in other states, which have also been considering tax increases. Governor Murphy Wants to Raise the iGaming Tax New Jersey has historically been one of the most lenient states in terms of gambling taxes. As one of […]
Industry
February 26, 2025
Seven Businesses in Florida Raided over Illegal Gambling
In a recent operation against illegal gambling in Florida, thousands of dollars were seized along with nearly three dozen illegal gambling machines by law enforcement. The state’s gambling regulator, the Florida Gaming Control Commission, uncovered details regarding the extensive operation. Fight Against Illegal Gambling Continues Although the illegal gambling raids took place last week, the […]
