Industry
July 1, 2024
PA Skill Games Creator Discusses the Sector’s Future
As Pennsylvania’s gambling sector recorded another month of growth, Pace-O-Matic (POM), the creator of Pennsylvania Skill games, used the opportunity to discuss the relationship between gambling and skill games, highlighting their unique market niche. POM was adamant that its products did not directly compete with the gambling sector and significantly bolstered smaller businesses. Legalization Efforts […]
Industry
July 1, 2024
CFTC Extends Public Comment Period for Proposed Election Bets Ban
The US government agency that focuses on prosecuting and investigating commodities fraud, hedge fund fraud, energy manipulation and other crimes, the Commodity Futures Trading Commission (CFTC), announced it extended its public comment period for proposed changes to its rules related to event contracts. In May, the agency confirmed its intention to ban derivative betting on […]
Industry
July 1, 2024
New Jersey’s Online Gambling Taxes Will Not Increase, for Now
New Jersey’s online gambling operators can rest easy for a while as lawmakers don’t envision a tax increase for 2025. However, the discussions will likely continue into the following year. S3064, a measure sponsored by Senator John McKeon, sought to increase New Jersey’s online gambling taxes. If passed, the bill would have increased the online […]
Business
July 1, 2024
Analyst Bullish on MGM’s Potential Online Gambling Expansion
A few years ago, in 2022, MGM Resorts International announced the acquisition of LeoVegas, a leading sportsbook brand with a growing presence. Last week, the company confirmed its plans to acquire Tipico’s US platform in order to strengthen LeoVegas’ presence in the country, paving the way for its further growth and expansion. Although financial details […]
Industry
July 1, 2024
Man Accused of Strangling Sex Worker in Las Vegas Hotel Room
A man suspected of strangling a sex worker in Las Vegas was booked on multiple charges last week. The incident dates to early June. However, the woman, whose name was not disclosed, died on June 21. As announced by KLAS, the crime happened at Palms Casino Resort in Las Vegas, Nevada. Reportedly, the 30-year-old woman […]
Industry
June 28, 2024
Tribal Gaming Soars to New Heights with Record Revenues
A recent landmark announcement at the Wisconsin Gaming Regulators Association Summer Conference in Green Bay, Wisconsin, saw National Indian Gaming Commission (NIGC) acting chairwoman Sharon M. Avery and vice-chair Jeannie Hovland reveal that the gaming revenue for fiscal year (FY) 2023 has reached an all-time high. These results mark a positive trend for the sector, […]
Lottery
June 28, 2024
Seattle Man Has “Gut Feeling” After Buying Scratch Ticket, Wins $2M
A Seattle lottery player has won a whopping $2 million jackpot prize with a Chrome Scratch ticket, according to Washington’s Lottery news release dated June 27. “Positive Gut Feeling” After Ticket Purchase The man said he had a “positive gut feeling” after he bought his ticket in WA after straying away from purchasing a […]
Legal
June 28, 2024
FTC Dismisses MGM’s Legal Challenge to Its Investigation
The Federal Trade Commission (FTC) has dismissed MGM Resorts’ challenge to an investigation into its data security protocols. While the casino and hospitality powerhouse alleged due process violations, the FTC filed a motion to dismiss these claims. For context, the FTC issued a civil investigative demand (CID) into the operator’s business in the wake […]
Lottery
June 28, 2024
Powerball Grand Prize Surpasses $110M for Upcoming Drawing
The grand prize from Powerball, America’s popular lottery game, survived the drawing on Wednesday. At the time, the jackpot was advertised at $96 million or $46.2 million as a cash option. With nobody guessing correctly the winning white balls 4, 9, 36, 47, 56 and the red Powerball number 7 from the drawing earlier this […]
Lottery
June 28, 2024
Michigan Player Wins the Largest Fantasy 5 Jackpot Ever
A lucky player from Michigan has made history by winning what Lottery officials called the largest Fantasy 5 jackpot in the history of the game. According to the announcement, the player won almost a million after matching all lottery numbers correctly. For reference, the winning numbers for the June 26 drawing were 04, 05, 08, […]
