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Industry
May 10, 2024
IRS Is Considering Raising the Slot Gaming Tax Form Threshold
A Internal Revenue Service (IRS) proposal could change how slot machine players’ winnings are taxed, raising the tax form threshold. Under the current system, casino winnings are considered taxable revenue. In fact, winning more than $1,200 playing slots will automatically trigger a W-2G tax form. This threshold has remained unchanged since 1977 but a […]
Sports
May 10, 2024
Tribal Sovereignty Takes Center Stage in California Sports Betting Debate
A panel discussion at the SBC Summit North America brought up the issue of sports betting in California. The emphasis fell on the role of tribal sovereignty in shaping the future of sports betting legalization in the state. Both tribal operators and betting companies participated focusing on various aspects of the contentious topic. From Opposition […]
Business
May 10, 2024
Brightstar Announces $1.1bn Acquisition of PlayAGS, Stock Price Jumps
The global company, offering a diverse range of entertaining gaming experiences that resonate well with audiences across the globe, AGS (PlayAGS), announced it entered into a definitive agreement to go private via an acquisition by affiliates of Brightstar Capital Partners (Brightstar). Details regarding the new business combination emerged Thursday with AGS’ Board of Directors unanimously […]
Sports
May 10, 2024
Manchester United vs. Arsenal 2024 Premier League Odds, Time, and Prediction
Manchester United vs. Arsenal could be the game that will decide the outcome of the 2023-24 English Premier League. If the Gunners don’t win on Sunday, May 12, they might lose the title race to Manchester City. That said, they’ve got the motivation to win all three points from their trip to Old Trafford, but […]
Casino
May 10, 2024
Alabama Legislature Fails to Pass Gambling Bills as Session Concludes
May 9 marked the end of the legislative session in the state of Alabama and, consequently, the failure of the highly controversial gambling bills, which the Senate did not pass. Alabama’s Gambling Bills Stalled After House Approval Despite the gambling bills’ successful passage at the Alabama House on April 30, their positive progress was stopped […]
Casino
May 10, 2024
Local Virginia Resident Strikes $1.3M Jackpot at MGM National Harbor
On May 5, the lights of MGM National Harbor shone brighter than ever as a local Virginia resident, who has decided not to disclose his/her identity, grabbed a whopping $1.3 million jackpot payout after playing Ultimate Texas Hold’em. The fortunate player got a winning royal flush in diamonds, which helped him/her score the largest payouts […]
Industry
May 10, 2024
Former Congressional Candidate Pleads Not Guilty to Murder Charge
Daniel Rodimer, a former congressional candidate from Nevada, pleaded not guilty on Wednesday to a murder charge stemming from the death of Christopher Tapp, an Idaho man fatally injured in a Strip hotel room. Rodimer, 45, a former professional wrestler who ran for Nevada’s 3rd congressional district in 2020, was indicted by a grand jury […]
Legal
May 10, 2024
Judge Rules against Wynn’s Injunction Plea in Fontainebleau Lawsuit
A few months have passed since Wynn Las Vegas filed a lawsuit against Fontainebleau Las Vegas. In its lawsuit, Wynn alleged that its competitor poached senior-level employees by offering them incentives, including higher pay and asking them to leave their positions, effectively breaching their non-compete clauses. Last month, Wynn filed a preliminary injunction plea, asking […]
Poker
May 10, 2024
Doug Polk to Continue Push for Farmers Branch Poker Room
Across Texas, poker rooms offer a legal form of gambling entertainment for gamblers and poker fans alike. The state currently has tough laws when it comes to gambling, but poker rooms are still able to operate under the existing rules, as long as the establishment isn’t taking a share of the pot. To sustain their […]
Casino
May 9, 2024
Culinary Union Organizes Two-Day Strike at Virgin Las Vegas
The Culinary Union, the largest union in Nevada, representing some 60,000 workers across the entertainment and hospitality sector in the state, called for a 48-hour strike at Virgin Las Vegas, amid dragging negotiations for better conditions for employees of the venue. Ultimately, the union fights for better working conditions for the 700 hospitality workers at […]
