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Lottery
August 2, 2024
Powerball Jackpot to Hit $171 Million for Upcoming Drawing
Wednesday marked the latest drawing of the popular lottery game across America, Powerball. While many tried their luck, nobody was able to guess correctly all the winning numbers for the game’s grand prize. This enabled the Powerball jackpot to continue growing and now it is getting closer to the mind-blowing $200 million. To be precise, […]
Business
August 2, 2024
DraftKings Reports Significant Q2 Growth, Announces Share Buyback Program
Sports betting and digital entertainment company DraftKings Inc. published impressive second-quarter results for 2024, bolstered by rising customer numbers and effective engagement strategies. The Board of Directors authorized the company to repurchase up to $1.0 billion of its Class A common stock, demonstrating robust confidence in its future growth prospects. The Operator Did Not Stand […]
Lottery
August 2, 2024
North Carolina Man’s Fortune Cookie Brings $200K Lottery Win
Sometimes a big lottery win is one ticket away. Yet, if people don’t listen to their inner voice or follow different signs, they may miss out on a massive payout. However, this is not the case for a Randolph County, North Carolina man, who recently won a hefty lottery prize from a scratch-off ticket. The […]
Legal
August 2, 2024
Senators Want to Eradicate the Federal Excise Tax via Bipartisan Bill
Senator Cindy Hyde-Smith (D-Nev.) and Senator Catherine Cortez Masto (R-Miss.) want their bipartisan bill called the Withdrawing Arduous Gaming Excise Rates (WAGER) Act to eliminate the federal excise tax that is currently applied to gambling operators’ handle. The tax relief would provide enhanced protection to legal sportsbook operators and gaming businesses, help Nevada and Tribal […]
Legal
August 2, 2024
Californian Bookie to Plead Guilty in the Recent Baseball Scandal
The Southern Californian bookie who took huge wagers from Ippei Mizuhara, the former interpreter for baseball star Shohei Ohtani, is expected to plead guilty to running illegal gambling. Bowyer Took Millions from Ippei Mizuhara Mathew Bowyer, an influential bookmaker from South California, was incriminated in the recent Mizuhara scandal. According to the authorities, the former […]
Industry
August 2, 2024
Surcharge to Affect DraftKings Winning Clients in Four States
Several US states announced plans to increase sports betting taxes this year. This resulted in concerns from betting operators who are offering their services in a highly competitive market. Despite the competition, DraftKings and FanDuel so far retain dominance across the country, holding a significant part of the market share. Still, the high tax rates […]
Business
August 2, 2024
Caesars Entertainment Confirms $500M Sale of WSOP Brand to NSUS
The largest casino-entertainment company in the US and globally recognizable company, Caesars Entertainment, announced it signed a definitive agreement to sell its intellectual property rights to the World Series of Poker (WSOP) to the leading investment group within the iGaming vertical known for delivering GGPoker, the innovative online poker room, NSUS Group Inc. Details regarding […]
Industry
August 1, 2024
BetOnline Offers Unorthodox Betting Options Following Biden’s Resignation
In a surprising twist, President Joe Biden recently announced his resignation from the presidential race, opening the door for a slew of unorthodox betting proposals from the popular yet unregulated sportsbook BetOnline.ag. BetOnline has wasted no time capitalizing on the uncertainty of the shifting political landscape, offering odds on possible future endeavors for the soon-to-be […]
Lottery
August 1, 2024
Woman Scores $24K Win from Michigan Lottery’s Roaring 20s
Participating in instant games online can be just as exciting as buying lottery tickets at a retail outlet. One fortunate woman who recently tried her luck with one of Michigan Lottery’s instant games was pleasantly surprised after winning more than $20,000. The lucky Cheboygan woman won $24,000 by participating in the Lottery’s instant online game, […]
Industry
August 1, 2024
Josh Shapiro, the Odds-On Betting Favorite to Be Kamala Hariss’ VP
Pennsylvania governor Josh Shapiro has become the clear betting favorite in the race to be the Democratic vice presidential nominee. In the Lead at Popular Sportsbooks The 51-year-old has risen on top of oddsmakers’ boards ever since Kamala Harris assumed the presumptive presidential nomination from the party following President Joe Biden’s decision to withdraw from […]
