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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 […]
Business
February 16, 2024
DraftKings Expands Reach with $750M Acquisition of Jackpocket
DraftKings Inc. has finalized an agreement to purchase Jackpocket, the prominent US lottery app, for a staggering $750 million. DraftKings’ Partnership with Jackpocket Signals Entry into US Lottery Industry The deal, structured with approximately 55% cash and 45% stock components, underscores DraftKings’ strategic maneuver to tap into the vast potential of the US lottery industry. […]
Casino
February 16, 2024
Study Shows Online Gaming Boosts Traditional Casino Revenue
A recent study has challenged the long-held belief that online gaming poses a threat to brick-and-mortar casinos. Commissioned by the iDevelopment and Economic Association (iDEA Growth) and conducted by Eilers & Krejcik Gaming (EKG), the study suggests that far from cannibalizing traditional casino revenue, online gaming might actually be enhancing it. Online Gaming Boosts Brick-and-Mortar […]
Sports
February 16, 2024
Merab Dvalishvili vs. Henry Cejudo UFC 298 Odds, Time, and Prediction
Merab Dvalishvili vs. Henry Cejudo is one of the most exciting fights of UFC 298 because this is a duel between a former two-division champ (Cejudo) and a guy who’s looking for his 10th straight win (Merab). Merab Dvalishvili vs. Henry Cejudo Odds Moneyline Odds Merab Dvalishvili -220 Henry Cejudo +180 When, Where, and How […]
Sports
February 16, 2024
Amanda Lemos vs. Mackenzie Dern UFC 298 Odds, Time, and Prediction
In her previous fight, Amanda Lemos was fighting for the UFC Women’s Strawweight title. She lost by decision and now has to bounce back if she wants to get another shot at the title in the future. She needs to beat Mackenzie Dern at UFC 298. Oddsmakers think she will pull it off, but what […]
Sports
February 15, 2024
Deadly Shooting Interrupts Chiefs Victory Parade
A deadly shooting has ruined the celebratory parade for the Kansas City Chiefs, leaving at least one person dead. The assailants didn’t spare children either, hurting almost a dozen kids. The shooting follows last weekend’s Super Bowl which saw the Kansas City Chiefs triumph over the San Francisco 49ers. Fans in Kansas City held a […]
Business
February 15, 2024
Monarch Casino & Resort Reports 2023 Q4 Results
The Nasdaq-listed company that owns and operates the Monarch Casino Resort Spa in Black Hawk, Colorado, and the Atlantis Casino Resort Spa in Reno, Nevada through its subsidiaries, Monarch Casino & Resort, Inc., has announced its operating results for the fourth quarter which ended December 31, 2023. The company has reported a 6.3% boost in […]
Business
February 15, 2024
PENN Posts Mixed Q4 Results, Highlights Corporate Responsibility Progress
PENN Entertainment has published its Q4 results, providing an insight into how its business fared during the last three months of 2023. Despite certain setbacks, the period saw PENN deliver growth, driven by operational excellence and strong customer demand. In Q4, the company’s revenues reached $1.39 billion. While this figure is lower than the one […]
Casino
February 15, 2024
Anti-smoking Debate in Atlantic City Intensifies with New Bill
The debate about smoking on the casino floor in Atlantic City’s casinos has been ongoing for nearly two decades. Currently, a loophole in New Jersey’s Smoke-Free Air Act allows casinos to permit indoor smoking within an area of up to 25% of their gaming floors. In contrast, the Act prohibits smoking within public areas in […]
