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Legal
February 14, 2025
Koin and Everi Pause Litigation to Explore Settlement Options
A significant new development in the ongoing legal drama between Everi Holdings and Koin Mobile could lead to a possible settlement. The two entities have agreed to a 90-day pause in litigation, potentially seeking to negotiate an end to their ongoing dispute. The decision follows a 28 January settlement conference where the two parties and […]
Casino
February 14, 2025
Pro Gambler “Lord Lester” Jailed for a Cruise Company Scam
R.L., also known as “Lord Lester” was convicted of fraudulent trading and concealing criminal property following a nine-week trial at Chelmsford Crown Court. Court Convicts So-Called Lord Lester R.L., a professional gambler from Luton, England, was recently sentenced to five years in jail for scamming nearly 200 people with fake cruise holidays. The man, who […]
Industry
February 14, 2025
Betting, Casino Legalization in Georgia to Attract High-Profile Events
For more than five years, sports betting has been expanding across the United States. By now, the activity is available in nearly 40 states and an overwhelming majority offer not only retail but mobile sports betting options. Lawmakers in different states saw the opportunity to benefit from additional tax revenue derived from wagering, which otherwise […]
Business
February 14, 2025
DraftKings Boosts Revenue Guidance Midpoint, Reaffirms Adjusted EBITDA
In January, leading US online sports betting and gaming operator DraftKings announced fourth-quarter losses caused by unpredicted sports results. Fast-forward to Thursday, the NASDAQ-listed company experienced a sudden rise in its stock in after-hours trading amid an upward revision of its 2025 revenue forecast while announcing its fourth quarter and fiscal year 2024 financial results. […]
Sports
February 14, 2025
Iowa Doesn’t Want You to Use Proxy Betting, or Face Consequences
Iowa may soon become one of the states to take a tougher line on proxy betting, a practice that may seem marginal, but has been important enough for a pair of bills to actually raise the issue with the state legislature. Iowa Wants to Push Harder Against Proxy Betting Senate Study Bill 1097 and House […]
Industry
February 14, 2025
Oklahoma Sports Betting Proposals Gain Momentum in Legislature
Oklahoma is one of a handful of states that are currently trying to legalize sports betting. While the activity is available in nearby states, including Kansas and Arkansas, Missouri doesn’t permit betting on sports, while in Texas, efforts toward betting legalization are ongoing. Lawmakers in Oklahoma Review Betting Legalization Bills It is likely that legal […]
Sports
February 14, 2025
Charlotte Hornets vs. Los Angeles Lakers 2025 NBA Odds, Time, and Prediction
The Los Angeles Lakers are 1-1 since Luka Doncic’s arrival. The Slovenian superstar scored a total of 30 points in those two games, which is way below his standard. The good news is that he’s got a very good chance to up his numbers on Wednesday, February 19, when his team will welcome the Charlotte […]
Industry
February 14, 2025
Casino General Managers in Las Vegas Closer to Licensing Approval
Senior-level executives part of the gaming industry in Nevada require licenses that permits them to operate in the area. Usually, such license applications are reviewed by the state gambling regulator, the Nevada Gaming Control Board (NGCB), and subsequently undergo approval by the Nevada Gaming Commission. Only recently, the NGCB reviewed and advanced license applications for […]
Casino
February 14, 2025
Boyd Gaming Acquires Land Under Eastside Cannery
Boyd Gaming Corporation has bought the land under its closed Eastside Cannery casino-hotel in Las Vegas. Boyd Gaming Buys Eastside Cannery Land for $45M, No Reopening Plans Announced The company paid $45 million for about 30 acres from Cannery Casino Resorts, as shown in property records. The deal wrapped up last week, reported The Las […]
Casino
February 14, 2025
Mississippi Senate Bans Sweepstakes Casinos Despite Industry Resistance
The Mississippi Senate has made a strong move to stop sweepstakes casinos by passing a bill to ban this debated form of gambling. Senate Overwhelmingly Backs Bill to Crack Down on Sweepstakes Gambling, House Vote Next Senator Joey Fillingane introduced Senate Bill 2510, which got huge support and passed the Senate with a 44-1 vote. […]
