Lottery
August 7, 2024
Proposal in Utah Calls for Border-Only Lottery to Retain Gambling Revenue
There are currently only two US states that have the toughest laws when it comes to gambling. Those are Hawaii and Utah, where any form of gambling, including lottery, is illegal. In Utah, there’s an active constitutional ban on gambling activities dating back to 1896. Last year lawmakers in the state tried to legalize a […]
Sports
August 7, 2024
SEC Reportedly Considering Mandatory Injury Reports for 2024 Season
The expansion of sports betting across the United States resulted in a number of changes within sports leagues and football was no exception. The growth of legal sports wagering which started in 2018 with the US Supreme Court’s decision to strike down PASPA, college football considered changes related to injury reporting. The oldest NCAA Division […]
Legal
August 6, 2024
FanDuel Sued over Alleged Use of Privacy-Violating TikTok Software
FanDuel is facing a lawsuit over its alleged use of privacy-violating software. According to a complaint filed on July 30 in the US District Court for the Central District of California, the leading sports betting operator used software to tracks anonymous users. FanDuel Is Said to Have Leveraged an Illegal Software As reported by NEXT.io, […]
Industry
August 6, 2024
US Gambling Sector Must Adapt to Shifting Market Dynamics
A recent report by US consumer credit reporting agency TransUnion highlighted the explosive growth of the USA’s gambling sector but cautioned that shifting industry dynamics require a revised approach. Operators must effectively separate high-value from high-risk bettors and keep the current pace of innovations to maintain sustained growth. Changing Demographics Present New Challenges According to […]
Industry
August 6, 2024
Maryland Casino Sector Records Slowdown as July Revenue Declines
Maryland’s six casinos have generated almost $170 million in revenue in July 2024, marking a slight year-on-year decline. By extension, this led to a slight decline in the industry’s contributions to the state. Maryland’s Six Casinos Recorded Slightly Lower Revenue Maryland has six legal commercial casinos that offer both table games and video lottery terminals […]
Industry
August 6, 2024
Stock Market Slump Jolts the Gambling Industry
The gaming industry was significantly impacted by Monday’s dramatic stock market slump, which saw the Dow Jones Industrial Average drop over 1,000 points, marking the market’s worst day since 2022. The Dow tumbled 2.6%, while the Nasdaq Composite plunged 576 points—equating to 3.4%. These rapid movements caused significant panic, but the situation looks to be […]
Industry
August 6, 2024
UNITE HERE Backs Harris Despite Trump’s Promise to Slash Tip Taxes
Donald Trump’s promise to make tips tax-free has not been enough to attract gaming and hospitality workers toward his cause. Members of UNITE HERE are doubtful that the former president would be able to deliver on his promise, should he get reelected. According to UNITE HERE’s president, Gwen Mills, Trump was simply making a play […]
Industry
August 6, 2024
Sen. Merkley Leads Group Calling for US Elections Gambling Ban
On May 10, the Commodity Futures Trading Commission (CFTC), which is charged with the regulation of the vast and complex derivatives markets, issued a Notice of Proposed Rulemaking in connection with event contracts. The rulemaking featured a prohibition on event contracts regarding the outcome of elections in the US. On Monday, Senator Jeff Merkley (D-OR) […]
Sports
August 6, 2024
Addiction to Betting Rising among Young People in Arizona
Arizona was among the states that launched legal sports betting several years ago, in 2021. The state currently offers options for retail and mobile sports wagering. There are currently more than two dozen retail betting outlets as well as more than a dozen betting operators, with the list including leaders such as FanDuel, DraftKings, BetMGM […]
Industry
August 6, 2024
Police in Gadsden, Alabama Continue Illegal Gambling Crackdown
Last week, law enforcement in Gadsden, Alabama conducted a large-scale operation against illegal gambling. Led by the Gadsden Police Department’s Street Crime Unit, “Operation Jackpot” resulted in the seizure of $20,000 in cash, as well as 88 illegal gambling devices. Sgt. Jacob Entrekin who is a part of the Police’s Street Crime Unit, said that […]
