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Gambling News - 'Usa'
Casino
August 20, 2024
Virtual Gaming Worlds Set to Exit Delaware as Pressure Mounts
The Delaware Lottery has now reportedly asked Virtual Gaming Worlds (VGW), an operator of sweepstakes businesses, to withdraw from the state. The company is known for such popular brands as Luckyland, Global Poker, and Chumba Casino, all of which used the sweepstakes model to continue doing business without seeking an official gambling license. Virtual Gaming […]
Industry
August 20, 2024
AGA Blasts Sweepstakes Businesses in New Industry Memo
The American Gaming Association (AGA), a trade group that has ratcheted up the talk against illegal gambling in the United States and has gone after the likes of Bovada and BetOnline, has now issued a new memo in which it lambasts the sweepstakes sector and questions its legitimacy. Sweepstakes Businesses Come Under Increased Scrutiny The […]

Sports
August 19, 2024
US Sports Betting Operators Enjoy Stable Growth in July
A DraftKings Inc. attempt to introduce a winning bet surcharge in its high-tax states backfired, with a public outcry forcing the company to walk back the controversial move. The announcement came after its main rival, Flutter Entertainment, owner of FanDuel, publicly announced that it would not implement a similar surcharge. Deciding to backtrack may have […]

Legal
August 19, 2024
Lawsuit Targets Lottery.com, Alleges Fraudulent Misrepresentation
Over the last few years, Lottery.com has been involved in a number of scandals, some of which resulted in legal action. Now, the company is once again in hot water over accusations of fraudulent misrepresentation described in a lawsuit filed by a supply chain business in Florida. Sharon A. McTurk, Astra Supply Chain’s president is […]

Industry
August 19, 2024
Man Tied to Gold Bar Scam Suffered from Gambling Addiction
A man, suspected of being involved in a massive scam that operated across multiple states is facing legal trouble in Maryland. The criminal case involves a 52-year-old man from Owings Mills identified with the initials, V.T. Per prosecutors, he is among a group of couriers that participated in the multi-state scheme that defrauded seniors out […]

Sports
August 19, 2024
Betfred Hints at US Exit and Additional Downsizing
UK-based gambling operator Betfred has had a busy July. After reporting a pre-tax loss of £71.7 million ($91.7 million) for the year ending October 1, 2023, which marked a significant drop from the previous year’s profit and being slapped with fines over several anti-money laundering and social responsibility failures, the operator stopped its sports betting offerings […]
Industry
August 19, 2024
Dolton’s Mayor Henyard Faces Backlash over Alleged Misuse of Taxpayer Money
The mayor of a small town in Illinois is in hot water amid allegations of lavish spending of taxpayer money. The peculiar case involves Tiffany Henyard, the Mayor of Dolton, who fell under scrutiny after reportedly failing to provide financial reports. The accusations against the Mayor resulted in the halt of payments from the Illinois […]
Sports
August 19, 2024
Oklahoma Tribal Gaming Leaders Hope to Bring Sports Betting to the State
To try and change the state’s fortunes, 2,000 tribal leaders met with representatives of sports betting and gambling companies in Oklahoma City recently to discuss the potential legalization of sports gambling. The meeting mostly focused on acknowledging the realities on the ground – without regulated gambling, illegal gambling will continue to take precedence, and people […]
Casino
August 19, 2024
Californian Tribal Gaming Operations May Soon Be Able to Sue Cardrooms
A new bill has made it to the assembly floor after SB 549 was approved with a 14-0 vote in the Assembly Appropriation Committee. The Tribal Nations Access to Justice Act will essentially allow Californian tribes to sue cardrooms over their offer of blackjack and poker games, which are supposedly the exclusive rights of the […]
Business
August 19, 2024
Analyst Claims Penn Entertainment Is Undervalued
However, Penn Entertainment has been rallying over the past 90 days, inching up 20.7% and Barry Jonas, a Truist Securities analyst, believes that there is more than meets the eye in the company. Penn is also a potential acquisition target for Flutter Entertainment, although the company seems reluctant to sell. Penn’s Unrecognized Value May Play […]