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Industry
April 15, 2024
Illinois: Homer Glen Weighs Ban on Video Gambling at Truck Stops
Sports betting and casino gambling is spread across the United States with a handful of stats not offering such activities. While in general, lawmakers take decisions for gambling on a state level, different municipalities can enforce additional restrictions, implementing slight changes to the regulations to match the views of the local communities. In a meeting […]
Business
April 15, 2024
Sinclair Broadcast Group Divests 7.91M of Bally’s Shares
The leading gaming and entertainment company, Bally’s Corporation, announced it registered to sell some 7.9 million shares on behalf of SBG Gaming LLC, a company that is a wholly-owned subsidiary of Sinclair Broadcast Group Inc. Details regarding the divestment came from a Form S-3 filing with the Securities and Exchange Commission (SEC) dated April 12, […]
Poker
April 15, 2024
Nevada Prepares for Online Poker Resurgence
Despite being legal for more than a decade, online poker never gained much speed in Nevada. The activity was legalized back in 2013 and initially, three operators launched their services to customers in the state. Sadly, out of the three, only the Caesars Entertainment-owned brand, World Series of Poker (WSOP), via WSOP.com remained. In an […]
Casino
April 15, 2024
Maryland Lawmaker Defers Online Casino Bill to 2026
Maryland Sen. Ron Watson announced his decision not to introduce a bill for online casino legalization in 2025. Despite Maryland’s proximity to passing such legislation in 2024, Watson emphasized the necessity of allowing more time for deliberation before revisiting the issue. Sen. Watson Advocates for Patient Approach to Maryland Online Casino Legalization Sen. Watson explained […]
Sports
April 15, 2024
Lawmakers Back UConn’s Pavilion Upgrade Amid Sports Betting Overhaul Talks
In a bid to bolster the University of Connecticut‘s athletic infrastructure and reshape sports betting laws, lawmakers are set to approve significant funding and regulatory adjustments. The discussions, held on April 10, saw enthusiastic support from both sides of the aisle for the proposed measures. State Legislators Lean Towards Approval of UConn’s $100M Pavilion Enhancement […]
Lottery
April 12, 2024
Mega Millions Jackpot Surpasses $100M for Upcoming Drawing
Late last month, an incredibly lucky player from New Jersey hit the jackpot from Mega Millions. To win the mind-blowing $1.13 billion jackpot, the player guessed correctly all winning numbers from one of the last drawings for last month. The $1.13 billion jackpot marked the fifth-largest grand prize for the lottery game. The largest-ever Mega […]
Industry
April 12, 2024
Wynn’s Hudson Yards Office-Casino Proposal Faces Community Board Opposition
In September 2022, Wynn Resorts and Related Companies joined forces in an effort to pursue a casino license in New York. The duo selected Western Yards at Hudson Yards for the site of the ambitious project. New York is expected to award a total of three new downstate casino licenses so the interest in the […]
Industry
April 12, 2024
New Jersey Bill Proposes Online Gaming and Betting Tax Hike
New Jersey lawmakers want to drastically raise the iGaming tax, mirroring the high taxation rates in other states where online gambling is legal. Under Senate Bill 3064, New Jersey’s tax for online gambling would skyrocket to 30%. For reference, online casino operators in the Garden State currently have to pay a tax of 15% plus […]
Industry
April 12, 2024
Ex-translator of Shohei Ohtani Charged in $16M Bank Fraud Case
Shohei Ohtani, the professional baseball star with the Los Angeles Dodgers, who recently signed the staggering $700 million 10-year deal with the club, was tangled in a massive betting scandal. The case involved Ohtani’s interpreter and long-time friend, Ippei Mizuhara, who was accused of stealing money for illegal gambling from the baseball star’s bank account. […]
Industry
April 12, 2024
Delaware Bill Could Usher in a Competitive Online Betting Market
Delaware lawmakers are seeking to expand the state’s online wagering sector and make it more competitive. Under House Bill 365, the state’s casinos would be able to partner with multiple online partners. The measure was introduced by State Reps. Franklin Cooke and William Bush who argue that a competitive market would generate more state revenue. […]
