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Industry
August 6, 2024
Maryland Casino Sector Records Slowdown as July Revenue Declines
Maryland’s six casinos have generated almost $170 million in revenue in July 2024, marking a slight year-on-year decline. By extension, this led to a slight decline in the industry’s contributions to the state. Maryland’s Six Casinos Recorded Slightly Lower Revenue Maryland has six legal commercial casinos that offer both table games and video lottery terminals […]
Industry
August 6, 2024
Stock Market Slump Jolts the Gambling Industry
The gaming industry was significantly impacted by Monday’s dramatic stock market slump, which saw the Dow Jones Industrial Average drop over 1,000 points, marking the market’s worst day since 2022. The Dow tumbled 2.6%, while the Nasdaq Composite plunged 576 points—equating to 3.4%. These rapid movements caused significant panic, but the situation looks to be […]
Industry
August 6, 2024
UNITE HERE Backs Harris Despite Trump’s Promise to Slash Tip Taxes
Donald Trump’s promise to make tips tax-free has not been enough to attract gaming and hospitality workers toward his cause. Members of UNITE HERE are doubtful that the former president would be able to deliver on his promise, should he get reelected. According to UNITE HERE’s president, Gwen Mills, Trump was simply making a play […]
Industry
August 6, 2024
Sen. Merkley Leads Group Calling for US Elections Gambling Ban
On May 10, the Commodity Futures Trading Commission (CFTC), which is charged with the regulation of the vast and complex derivatives markets, issued a Notice of Proposed Rulemaking in connection with event contracts. The rulemaking featured a prohibition on event contracts regarding the outcome of elections in the US. On Monday, Senator Jeff Merkley (D-OR) […]
Sports
August 6, 2024
Addiction to Betting Rising among Young People in Arizona
Arizona was among the states that launched legal sports betting several years ago, in 2021. The state currently offers options for retail and mobile sports wagering. There are currently more than two dozen retail betting outlets as well as more than a dozen betting operators, with the list including leaders such as FanDuel, DraftKings, BetMGM […]
Industry
August 6, 2024
Police in Gadsden, Alabama Continue Illegal Gambling Crackdown
Last week, law enforcement in Gadsden, Alabama conducted a large-scale operation against illegal gambling. Led by the Gadsden Police Department’s Street Crime Unit, “Operation Jackpot” resulted in the seizure of $20,000 in cash, as well as 88 illegal gambling devices. Sgt. Jacob Entrekin who is a part of the Police’s Street Crime Unit, said that […]
Industry
August 6, 2024
Papaya Gaming Dismisses Bot-Use Allegations in Skillz Lawsuit
Earlier this year, Skillz, the leading mobile games platform that offers skill-based and fair games, filed a lawsuit against Papaya Gaming, a competitor company also operating in the skill games market. In its lawsuit, filed with the New York Southern District Court in March, Skillz claimed that its rival misled its customers by promoting player-versus-player […]
Sports
August 6, 2024
Inter Miami vs. Toronto FC 2024 Leagues Cup Odds, Time, and Prediction
Inter Miami has won every single game against Toronto FC that took place in Florida. Can the Herons prolong their winning run by beating the in-form Reds on August 8? The 2024 Leagues Cup odds suggest so, but the boys from Canada have no intention of surrendering without a fight. Inter Miami vs. Toronto FC […]
Poker
August 6, 2024
Phil Hellmuth Storms off Set after Meltdown during No Gamble, No Future
The 17-time World Series of Poker (WSOP) bracelet winner and legendary poker player, Phil Hellmuth, recently stormed out of the set during an episode of PokerGO’s popular show “No Gamble, No Future.” The poker pro, also known as the “Poker Brat,” is famous for being emotional but the latest move may mark one of his […]
Legal
August 6, 2024
Man Faces Prison Time for Displaying Genitals at Florida Casino
A man in Florida has been arrested after allegedly waving his genitalia in a casino’s poker room. Appearing angry, the man got into trouble with the guards and was eventually arrested. The Man Got Angry for an Unspecified Reason The 27-year-old was identified as Abdul Rahman Zaina, a resident of Jamaica neighborhood in Queens, New […]
