Industry
October 16, 2024
Flutter CEO Advises Moderation in Taxation as Tax Hikes Continue
Peter Jackson, Flutter Entertainment’s chief executive officer, believes that the ideal online sports betting tax rate would be 18%. In an interview with The Financial Times, he shared his tax-related opinions about the US wagering sector. Flutter’s CEO Promotes a Golden Middle Jackson’s proposed tax rate is noticeably higher than the tax rate of certain […]
Poker
October 16, 2024
Pennsylvania Takes Steps to Join Multi-State Online Poker Agreement
Pennsylvania may become the latest state to join the Multi-State Internet Gaming Agreement (MSIGA), permitting online poker players in the state to participate in pools with players from states that have already joined MSIGA. But time is running out as lawmakers need to act swiftly prior to the end of the legislative session. PGCB to […]
Blockchain
October 16, 2024
German Tied to $150M Crypto Scam on the Lam in the US
Horst Jicha was placed under house arrest at his home in New York as he was looking to stand trial for a $150-million crypto scam. However, the man has gone missing, and is effectively on the lam, with law enforcement trying to locate him. Man Behind $150M Crypto Scam Disappears Jicha was due to appear […]
Industry
October 16, 2024
Baltimore Ravens vs. Tampa Bay Buccaneers Week 7 Odds, Time, and Prediction
Both teams have been amazing lately, each with a 4-2 record coming into Week 7. In the case of the Ravens, it’s no surprise given that they’ve got an amazing roster in 2024. With the Bucs, it’s a bit different story. This team isn’t packed with superstars, but they just seem to keep on putting […]
Legal
October 16, 2024
Genting Faces Lawsuit over Alleged Fraud Tied to Resorts World Bimini
A newly filed lawsuit against a Genting Malaysia Berhad US-facing subsidiary accuses the company of fraud, seeking damages of more than $600 million. Company Used as a Financial Wasteland The new legal battle revolves around Resorts World Bimini (RWB) in the Bahamas and was recently filed by RAV Bahamas, a company that holds a 22% […]
Sports
October 16, 2024
New NBA Guidelines Aim to Curb Cell Phone Use During Games
The NBA is getting tougher on how players use cell phones and social media during games. This is because of growing worries about gambling and keeping games fair. NBA Enhances Regulations After Jontay Porter’s Lifetime Ban The NBA has changed its rules after what happened with Jontay Porter, who used to play for the Toronto […]
Industry
October 16, 2024
Francis Ngannou vs. Renan Ferreira Odds, Time, and Prediction
Francis Ngannou vs. Renan Ferreira is the headliner fight of PFL Super Fights: Battle of the Giants, which is arguably the biggest event ever produced by the Professional Fighting League (PFL). The promotion is paying more than $10 million to Ngannou, which is more than triple what Conor McGregor got from the UFC for the […]
Business
October 15, 2024
DraftKings Expands Portfolio with Mustard Golf Acquisition
DraftKings has announced its acquisition of Dijon Systems, a subsidiary of Mustard Systems, in a deal that aims to elevate the operator’s golf betting capabilities. This strategic move closely follows DraftKings’ acquisition of Simplebet and is part of parent company Flutter Entertainment’s ambitious plans for the remainder of 2024 and beyond. The New Acquisitions Round […]
Industry
October 15, 2024
Alabama Pre-filed Bill to Harshen Penalties for Illegal Gambling Operators
On September 11, Rep. Matthew Hammett (R-Dozier) filed HB41 with the House Economic Development and Tourism Committee in an attempt to make culprits benefitting from illegal gambling face tougher penalties. His proposed bill, developed with support from Covington County District Attorney Walt Merrell is aimed at boosting the current penalties for offenses tied to gambling, now […]
Sports
October 15, 2024
Study Highlights the Financial Impact of Legal Betting in Kansas
This September marked the second anniversary of the launch of legal sports betting in Kansas. While legal wagering on sports continues to expand across the country, researchers in Kansas joined forces to evaluate the impact of the activity. The Effect of Betting on Vulnerable Families Is Greater Legal online and retail betting arrived for Kansas […]
