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Gambling News - 'Usa'
Business
July 18, 2024
SharpLink NASDAQ Listing Threatened by Compliance Strikeout
In an update provided by SharpLink, a leading sports betting affiliate company, the firm informed that it has received a noncompliance notice from NASDAQ, citing an issue with Listing Rule 5550(a)(2) which demands companies to maintain a minimum bid price of $1 per share. SharpLink Braces for Recovery of NASDAQ Compliance SharpLink’s trading price stood […]
Sports
July 18, 2024
PENN Entertainment Outlines Layoffs in Penn Interactive
Much criticism has been heard about PENN Entertainment CEO Jay Snowden’s managerial style. From vituperations against his cushy pay package to fulminations over the incredulous sale of the Barstool Brand for $1 back to its controversial owner, David Portnoy, after forking out millions to acquire it, now PENN is preparing to lay off staff in […]
Casino
July 18, 2024
Las Vegas Sands’ Stock Takes Hits as Donald Trump’s Reelection Odds Shorten
Las Vegas Sands is in a strange position. The business founded by the late Sheldon Adelson, a staunch Republican supporter, has not deviated from its pro-GOP line under the control of Miriam Adelson, Mr. Adelson’s wife. LVS’ Stock Experiences the Jitters as Trump’s Chances Grow Steadily Yet, as the polls continue to steadily increase in […]
Industry
July 18, 2024
Experts Call for Compassionate Approach in Self-Exclusion Programs
The panel on responsible gaming at the National Council of Legislators from Gaming States (NCLGS) Summer Meeting in Pittsburgh looked into voluntary self-exclusion (VSE) programs. This was part of a four-day event at Rivers Casino which featured several sessions. One session discussed different approaches to VSE across various jurisdictions while stressing the need for empathy […]
Sports
July 17, 2024
Court Denies Jontay Porter’s Request to Play in Greece
Jontay Porter, who was banned from the NBA over sports betting fraud, has been denied a motion to get his passport back before his sentencing. Filed yesterday, July 16, the request sought to allow the player to play basketball in Greece. Porter requested four things, namely to have his passport back, to be allowed to […]
Industry
July 17, 2024
New Jersey Announces June 2024 Gaming Industry Results
The New Jersey Division of Gaming Enforcement (DGI) released its newest gambling industry financial report for June 2024. The total gaming revenue for New Jersey’s nine casino hotel properties settled at $244.1 million, a modest increase of 1.0% compared to $241.6 million reported in June 2023. Year-to-date win stood at $1.36 billion, consistent with last […]
Casino
July 17, 2024
Jamul Casino Hotel Tower Project Nears Completion
The Jamul Indian Village Development Corporation (JIVDC), a wholly-owned enterprise of the Jamul Indian Village Tribe, celebrated another monumental step in the construction of Jamul Casino’s new 16-story hotel tower with a topping-off ceremony that included the placement of the final beam onto the structure. This milestone will set the stage for a spring 2025 […]
Casino
July 17, 2024
Mirage Closes, Treasure Island Offers Deals to Ex-Guests & Players
The big day has finally come. The iconic, longstanding fixture on the Las Vegas Strip, Mirage Hotel & Casino, will finally shut down today at 11 a.m. after the planned farewell ceremony, ending an era and writing the final chapter of the megaresort. The closure, however, marks the start of a massive rebranding and transformation […]
Industry
July 17, 2024
Officials Greenlight $1M Grant for Las Vegas Shooting Memorial
On October 1, 2017, a deadly shooting occurred on the Las Vegas Strip during the Route 91 Harvest Festival. The unprecedented criminal act was completed by Stephen Paddock, the man who opened fire into the crowd attending the popular music festival. Paddock opened fire from his room at the Mandalay Bay Hotel and Casino. Before […]
Lottery
July 17, 2024
Illinois Lottery Player Wins $2M from Powerball
A lucky Illinois Lottery player has won a huge prize playing Powerball after purchasing a ticket during their grocery trip. The player quickly came to appreciate the spontaneous to their groceries as the ticket won a whopping $2 million. The lucky winner matched all five numbers for the July 13 drawing, which would have netted […]