Industry
April 23, 2024
Ex-Police Officer Slapped with Prison Sentence for Bribe-Taking
An ex-police officer from Santa Ana received a one-year and one-day federal prison sentence on April 22 for taking a bribe of over $100,000 from a crime figure who was interested in steering law enforcement clear from his gambling businesses that were working outside the law. The 31-year-old from Chino was also slapped with a […]
Industry
April 23, 2024
Weak Q1 Betting Results Hindered iGaming’s Contributions, JMP Says
JMP Securities analysts say that iGaming in the United States remains on the rise. The online casino industry’s successes, however, were offset by the suboptimal performance of the US sportsbooks, the financial services company added. As reported by Next.io, JMP Securities’ experts recorded strong trends in betting handle during the first quarter of the year. […]
Industry
April 23, 2024
Suspect Accused of Taking Elderly Woman’s Money for Gambling
A 46-year-old man was accused of using the funds of an elderly woman without her knowledge for gambling activities and personal expenditures. The case involves an elderly lady from Bridgeport, West Virginia, who lost more than $10,000 of her personal funds after one male individual has been allegedly exploiting her. The person suspected of the […]
Business
April 23, 2024
DraftKings Designates Lori Kalani as First-Ever Chief Responsible Gaming Officer
DraftKings has unveiled the appointment of Lori Kalani as its first-ever chief responsible gaming officer. The new role aligns with DraftKings’s core priorities and the operator’s desire to cement responsible gambling as a core tenet of its business. In the new position, Kalani will respond directly to CEO Jason Robins and will leverage her expertise […]
Industry
April 23, 2024
Consumer Preference Shift Propels Sin Tax Revenue in the US
For years, the United States has benefitted from taxes on alcoholic beverages and cigarettes. Casino gambling and more recently, sports betting, iGaming and cannabis taxes also help generate billions of annual taxes across the country. And while some US states still have strict laws for sports betting and cannabis products, many have already legalized the […]
Legal
April 23, 2024
Ex-Athlete Gets 2 Years in Prison for Running Illegal Betting
Michael Frontier, a former MMA fighter who became an illegal bookmaker, has been sentenced to two years in prison despite his claims that he is now a changed man, The Chicago Tribune reported. According to the lawsuit, the former athlete’s unlicensed gambling operation also had links with local Mafia groups. The 39-year-old, whose LinkedIn page […]
Business
April 23, 2024
PENN Names Ex-Disney Tech Executive Aaron LaBerge as CTO
PENN Entertainment has unveiled the appointment of the experienced Aaron LaBerge to its team. According to the announcement, the former Walt Disney tech specialist will serve the operator group as its new chief technology officer, effective July 1. In his new role, LaBerge will leverage his expertise to drive the company’s technology strategy and execution. […]
Legal
April 23, 2024
Koin Files Lawsuit against Everi, Alleging Digital Wallet Infringement
The leading provider of technology and solutions, powering land-based and online gambling operators across the globe, Everi, was named as a defendant in a new lawsuit filed by Koin Mobile, a rival company within the cashless solutions vertical. In its lawsuit, Koin, which was founded in 2021, outlines that Everi currently holds a significant share […]
Legal
April 23, 2024
Fontainebleau Objects to Wynn’s Injunction Plea in Poaching Lawsuit
The legal battle between two leading gaming operators in Las Vegas, Fontainebleau Las Vegas and Wynn Las Vegas (WLV), started late in February. At the time, Wynn filed a lawsuit, claiming that Fontainebleau poached its senior-level employees, offering them different employment incentives and encouraging them to leave their positions with the company. In the latest […]
Industry
April 23, 2024
Trinity Health Urges Bally’s Shareholders to Reject Indoor Smoking
Trinity Health’s efforts against indoor smoking continue as the Michigan charity doubles down on its goal of taking the fight to the shareholder level. The Livonia-headquartered nonprofit hospital network hopes to end smoking at Bally’s Corporation-owned properties across the country and end the operator’s exemption from the smoking bans in places like Rhode Island and […]
