Casino
June 11, 2024
Mohegan Names Nelson Parker as Chief Strategy Officer
Mohegan, a major entertainment and gaming resort company, has named Nelson Parker as chief strategy officer — a move that represents a significant part of Mohegan’s strategic growth plan. Before being promoted to this position, Parker was senior vice president of strategic development. Parker Brings Gaming and Hospitality Expertise to Mohegan Parker came to Mohegan […]
Industry
June 10, 2024
NY Betting Handle Exceeds $200M Once Again
The New York State Gaming Commission has published a new financial update on the state’s sports betting industry. According to official data, the monthly wagering GGR exceeded $200 million for the second time ever. As mentioned, GGR stood at approximately $200 million, marking the second time New York has pulled off such a feat. For […]
Legal
June 10, 2024
Fourth and Final Suspect in NBA Gambling Scandal Turns Himself In
On June 7, the US Attorney’s office for the US District Court for the Eastern District of New York made an important announcement in the betting scandal that took the world of NBA by storm. Ammar Awawdeh, the fourth and final suspect in the scandal that ended Jontay Porter’s career turned himself in. Earlier in […]
Business
June 10, 2024
PENN CEO Remuneration Package Faces Pushback from Shareholders
The issue arose on June 4, during the Annual General Meeting, which saw 129,215,217 shares being represented in a voting process that would determine the pay package of Jay Snowden, the company’s boss, who is looking to collect $15.5m, owing to a mix of base salary, stock awards, and incentive plan compensation. Third of PENN […]
Lottery
June 10, 2024
Raleigh Resident Bags $700K Payday from Lottery Game
The upshot? Vickie Koch, who wasn’t shy about disclosing her identity to the public, was able to grab $520,555 in aggregate after tax. Playing on Bison Bonanza, Koch was able to hit the rather unexpected outcome and score the epic jackpot, which is given odds in the neighborhood of 1 in 15.5 million. Lottery Winner’s […]
Lottery
June 10, 2024
Woman Who Won $250K Jackpot Can’t Quit Her Day Job
For one person, the $250,000 scratch-off lottery game jackpot is not enough reason The South Carolina woman paid $5 to acquire the ticket, turning it into an epic six-figure payday which would not be enough for her to quit her job. The anonymous winner wasn’t coy about her desire to put the work-a-day-life behind her, […]
Industry
June 10, 2024
Trump Promises to Strike Down Taxes on Tips
Donald Trump has made an exciting promise that is sure to pique the interest of casino and hospitality workers. At his latest rally, the former president promised to eliminate taxes on tips. As things stand now, the IRS takes a cut from all tips provided to workers. Since tips are a lifeline for many people […]
Casino
June 10, 2024
Alberta Wants iGaming to Widen in Canadian Province
Alberta, the Canadian province, has been actively moving forward to ensure that it slashes the amount of red tape companies have to jump through in order to start offering legitimate iGaming products in the province. Alberta Seeks to Expand Online Gambling to Private Companies Yet, for the time being, the only legitimate online casino games […]
Industry
June 10, 2024
North Carolina’s Betting Revenue Drops 40.1% in the Market’s Second Full Month
North Carolina’s sports betting market experienced a significant downturn in its second full month of operations, with revenue plunging by 40.1%. The regulated sector still contributed substantially to the state’s budget. These funds will be instrumental in enhancing gambling harm protection efforts and financing various education and community-facing initiatives. All Metrics Recorded Notable Decreases According […]
Sports
June 10, 2024
Arizona Opens Applications for Sports Betting Licenses
The Arizona Department of Gaming (ADG) has said it will accept applications for sports wagering licenses from July 8 to July 19, 2024, as the state looks to grow its sports betting market. Arizona Looks to Fill Three Remaining Sports Betting Licenses Currently, there are 17 active sports betting licenses in Arizona with a maximum […]
