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Legal
April 5, 2024
Florida Governor Enacts Bill on Seized Gambling Assets
Seizing of assets obtained through illegal means is not uncommon across the United States. While regulations vary from one state to the other, in general, assets obtained through criminal activities are seized and can be resold to benefit different state and county programs. While this can provide vital funding for different programs, it also allows […]
Sports
April 5, 2024
Alabama’s Gambling Bill Faces Gridlock as House and Senate Disagree
Efforts to pass comprehensive gambling legislation in Alabama hit a roadblock on April 4 as the state House of Representatives rejected Senate amendments to the proposed bill. This decision has led to a standoff between the two chambers over the inclusion of sports betting and the number of allowable casinos. Tensions Rise as Alabama Lawmakers […]
Casino
April 5, 2024
Maryland Halts Progress on Online Casino Legislation After Budget Agreement
Amidst budget negotiations in Maryland, hopes for the legalization of online casinos have been dashed for the year 2024. With online casino revenue not finding its way into the state’s budget agreement, it appears that Marylanders will have to wait until at least 2027 to see any progress in this regard. Maryland’s Legislative Session Ends […]
Lottery
April 4, 2024
Powerball Jackpot Skyrockets to $1.23bn for Upcoming Draw
For four months, the jackpot of the popular lottery game in America, Powerball, evaded the players. After surviving on Wednesday, when the latest drawing of Powerball was, the jackpot is now estimated at $1.23 billion for the upcoming draw on Saturday. This mind-blowing sum makes him the fourth largest in the history of the game. […]
Sports
April 4, 2024
Fanatics Finalizes PointsBet’s US Assets Acquisition
The 2021-launched fast-growing online gaming and sports betting operator, a subsidiary of Fanatics Holdings Inc., Fanatics Betting and Gaming (FBG), confirmed the completion of the acquisition of PointsBet’s US businesses. The announcement came Wednesday with FBG confirming that PointsBet Holdings Limited received the final installment of the landmark $225 million acquisition. The closing of the […]
Legal
April 4, 2024
Police Chase after Casino Shooting Suspects; Arrest Three
Three people, believed to be the culprits behind an attack in Little Creek Casino have been apprehended by the police following a two-county chase. The police believe that the suspects are responsible for the shooting of two victims at the Washington State property’s parking lot. Located in Shelton, Little Creek Casino became the location of […]
Legal
April 4, 2024
Roblox Illegal Gambling Lawsuit Given Green Light by Judge
In December, the popular virtual gaming platform, Roblox, was tangled in a class action lawsuit that claims it facilitated child gambling. The lawsuit was filed by two parents, Rachel Colvin and Danielle Sass, who claimed that their children used Roblox’s in-game currency, Robux, to gain access to unauthorized gambling services. This ultimately resulted in money […]
Business
April 4, 2024
Kambi Tribal Report: Most Bettors Reinvested Their Winnings
Kambi has published its Tribal Sports Betting Report 2024, highlighting a dramatic increase in betting handle among its tribal operator partners. According to the group, its North American tribal clients saw a handle increase of 128% between 2022 and 2023. The increase in handle was driven by a number of factors, including the growing popularity […]
Sports
April 4, 2024
Louisiana to Roll out Ban on College Prop Bets Starting from August
A new change announced by the gambling regulator in Louisiana seeks to ban prop bets for college sports. The statewide expansion of sports betting paved the way for wagering on college games, in addition to professional sports. With many states offering a wide range of betting options, wagers that involved specific parts of the game […]
Legal
April 4, 2024
Class Action Lawsuit in Massachusetts against DraftKings Moved to BLS
A lawsuit filed by a non-profit organization that safeguards the public health in Massachusetts against the leading gaming and betting giant, DraftKings, was reassigned to another court recently. The change came upon a request from the gaming and betting company which is the defendant in the lawsuit. DraftKings requested the class action lawsuit to be […]
