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Casino
February 19, 2024
New Jersey Sees Historic Surge in Gambling Revenue Amidst Changing Landscape
In a month marked by unprecedented highs for New Jersey’s gambling industry, the state shattered multiple revenue records in January, signaling a robust start to 2024. However, amidst the celebration, there was a notable occurrence as traditional in-person casino earnings experienced a decline. Internet Gambling and Sports Betting Reach Historic Highs in New Jersey According […]
Business
February 16, 2024
DraftKings Posts Exceptional Q4 Results, Updates 2024 Guidance
The leading North American sports betting and iGaming operator, DraftKings, released its latest financial report. On Thursday, the company disclosed details regarding its performance for the fourth quarter and fiscal year 2023, highlighting a significant increase in revenue. DraftKings’ latest unaudited report reveals that its revenue for 2023 hit $3.67 billion. This result, compared to […]
Industry
February 16, 2024
Connecticut Study Reveals Emerging Gambling Market Trends
Connecticut recently released a comprehensive study revealing intriguing insights into the state’s gambling landscape. The research, conducted by Gemini Research and led by University of Massachusetts professor Rachel Volberg, indicates that only 10% of Connecticut residents engage in sports wagering or online games. However, betting trends revealed that the state faces familiar gambling addiction issues. […]
Sports
February 16, 2024
Full Pull Confirms Plans to Introduce Wagering on Tractor Pulling
Amid the sports betting expansion across the United States, millions of bettors can now place legal wagers on their favorite sports. Some of the most popular sports include football, hockey, baseball, basketball and ice hockey. Besides professional sports, some US states offer wagering on collegiate events, further expanding the offering available for bettors. Yet, the […]
Industry
February 16, 2024
NC Gives Up on Casino Expansion, Gambling Machine Legalization Still Possible
North Carolina may not authorize more casinos but legal video gambling machines could be on the table. According to the latest reveals from General Assembly members, lawmakers may introduce an attempt to sanction the vertical this spring. For reference, North Carolina tried to expand its land-based casino industry with four new properties. However, the proposal […]
Industry
February 16, 2024
DFS Operators in Florida Receive Cease-and-Desist Letters
Three daily fantasy sports (DFS) operators in Florida recently received cease-and-desist letters, a newly released report suggests. The letters, Saturday Down South confirmed, were sent by the Florida Gaming Control Commission (FGCC) and received by PrizePicks, Betr and Underdog Fantasy, three operators that currently offer such activities to customers in the state. Florida’s gambling regulator […]
Industry
February 16, 2024
West Virginia Proposes Problem Gambling Data Sharing Bill
Lawmakers in West Virginia have introduced a new responsible gambling bill. Authored by Rep. Roger Hanshaw and Shawn Fluharty, the measure seeks to provide responsible gambling research academics with more data to work with. Dubbed House Bill 5668, the measure was introduced on Tuesday and would establish a Responsible Gaming and Research Act (RGRA). The […]
Sports
February 16, 2024
Florida Panthers vs. Tampa Bay Lightning 2024 NHL Odds, Time, and Prediction
The Tampa Bay Lightning vs. Florida Panthers is one of the greatest NHL rivalries. It’s been going on for more than 30 years and the next “Battle of Florida” is scheduled for Saturday, February 17, 2024. Who’s going to win? Let’s find out! Florida Panthers vs. Tampa Bay Lightning Odds Spread Odds Florida Panthers -1 […]
Sports
February 16, 2024
Daily Fantasy Sports Bill Gains Traction in Florida
Daily fantasy sports (DFS) is an engaging activity that is available in many US states. Offering entertainment similar to sports betting, the activity has been gaining popularity over the last few years, attracting a wide range of audiences. One state that is currently trying to establish effective regulation for daily fantasy sports games is Florida. […]
Industry
February 16, 2024
Lawmakers Support Raising Tax Threshold on Slot Winnings
For nearly a decade, lawmakers such as Rep. Dina Titus have continuously urged the Internal Revenue Service (IRS) to raise the existing threshold on slot winnings that require a W-2G tax form. The current regulation requires anyone with winnings of $1,200 or more to submit a W-2G tax form. This policy was established back in […]
