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Business
October 4, 2024
BetMGM Enjoys Strong Progress in Online Gambling
A majority of the US states currently offer sports betting but when it comes to online casino, the number of states where the activity is available is quite low. A total of seven states currently offer legal iGaming but that number may grow in the future in case lawmakers consider benefitting from new revenue-generating activities. […]
Casino
October 4, 2024
Wichita and Affiliated Tribes to Transition to Solar Power with DOE Grant
The Wichita and Affiliated Tribes have shared their plans to switch to solar energy. They are making this move with the help of a $3.8 million grant from the US Department of Energy (DOE). Solar Project to Save $9M and Power Sugar Creek Casino and Hotel by 2025 This project has an impact on cutting […]
Industry
October 4, 2024
Massachusetts Launches Long-Awaited Problem Gambling Initiative
After delays spanning years, gaming officials in Massachusetts are moving forward with a data-gathering initiative that has been on hold for a long time. This project aims to tackle problem gambling. Massachusetts Gaming Commission: Progress on Key Responsible Gambling Project ‘Miraculous’ The project has run into many roadblocks from the start, like political issues and […]
Legal
October 4, 2024
Koin Secures Initial Victory in Everi Federal Lawsuit
A lawsuit between two technology companies that power the gambling sector with cashless solutions recently picked up speed. Earlier this year, Koin Mobile, a company providing cashless solutions, filed a lawsuit against its rival, Everi, a recognizable technology and solutions provider that operates in the same vertical, alleging digital wallet infringement. Koin Will Continue Its […]
Sports
October 4, 2024
NHL, NFL Caution Canadian Lawmakers on Sports Betting Ad Restrictions
Expanding sports betting across North America helped create new sponsorship and gambling advertising opportunities. Available in nearly 40 US states as well as in Canada, wagering attracts sports aficionados and bettors alike. Bill S-269 Picks up Speed in Canada but Raises Concerns Amid the expansion, lawmakers in Canada are considering a new gambling ads bill […]
Industry
October 4, 2024
Florida Wants to Hire Vendor to Provide State Problem Gambling Program
Florida is now looking to introduce additional safeguards and ensure that consumers are protected from gambling-related harm at a time when chatter about the potential legalization of more gambling verticals is intensifying. Florida Begins Call for Information Process to Pick RG Vendor With Florida already offering sports betting through the Hard Rock Bet brand, the […]
Business
October 4, 2024
PrizePicks Brings in Blizzard Entertainment Talent as CFO
As part of its internal restructuring, PrizePicks has expanded its C-suite with the addition of Marcus Sanford, a former Blizzard Entertainment chief financial officer, who will now serve in the same position at PrizePicks. Blizzard Entertainment Veterans to Now Steer Company His appointment is effective immediately, and he is taking the reins over from Ari […]
Industry
October 4, 2024
Papaya Gaming Has 14 Days to Leave Michigan Because of Illegal Gambling
Papaya Gaming, a company operating from Tel Aviv, Israel, is now under regulatory attack in the United States. The Michigan Gaming Control Board (MGCB) has published a public statement in which it said that it had sent a cease-and-desist letter to the company. Papaya Gaming Stands Accused of Offering Illegal Gambling in Michigan The MGCB […]
Casino
October 4, 2024
New York Mandates Addiction Warnings on Gambling Ads
Governor Kathy Hochul has signed a new bill into law that imposes stricter regulations on gambling advertisements in New York. The legislation, S1550/A1118, requires that all advertisements for gambling and sports betting must include warnings of the addictive and harmful effects of gambling. This legislation now extends previous requirements that required gambling advertisements to display […]
Business
October 3, 2024
Despite Headwinds for MGM, Analyst Sees Long-Term Growth Potential
MGM Resorts’ shares marked a more than 10% decrease year-to-date as of the market close on Wednesday. Despite the decrease and other short-term challenges an expert is optimistic about the company’s long-term growth prospects. MGM Faces Short-Term Challenges Carlo Santarelli, an analyst with Deutsche Bank, who was recently quoted by Casino.org, spoke about the company’s […]
