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Sports
May 12, 2025
Gilbert Burns vs. Michael Morales UFC Vegas 106 Odds, Time, and Prediction
Gilbert Burns vs. Michael Morales odds suggest Burns is heading toward his fourth loss in a row. He’s a huge +500 underdog against Morales, who’s coming to Vegas hoping to get his record to 18-0. Gilbert Burns vs. Michael Morales Odds Moneyline Odds Gilbert Burns +500 Michael Morales -700 When, Where, and How to Watch? […]
Casino
May 12, 2025
NJ Takes Big Step Toward Sweepstakes Gambling Ban
The Garden State is moving even closer to outlawing sweepstakes-style online casinos, often referred to as “sweeps casinos.” AB 5447 Reached the Consumer Affairs Committee On Thursday, Assembly Bill 5447 cleared another legislative hurdle, passing through the Assembly Committee and heading next to the Consumer Affairs Committee. Lawmakers could still introduce changes, but the intent […]
Casino
May 12, 2025
NJ’s Proposed 25% Online Gambling Tax Prompts Industry Backlash
Online casino and sports betting operators in New Jersey might soon be paying a lot more in taxes if Governor Phil Murphy’s latest budget proposal becomes law. Big Shift Frowned Upon by Operators The plan calls for a sharp increase in the tax rate on online gambling, jumping from 15% to 25% for casino platforms, […]
Legal
May 12, 2025
Kalshi Fights Nevada in High-Stakes Clash Over Federal vs. State Control
Kalshi, a company running prediction markets, is pushing hard to stop Nevada officials from banning its trading contracts. Kalshi Argues Federal Law Overrides Nevada in Sports Betting Dispute The firm claims that federal law, not state rules, decides if its business is legal. Kalshi told a court that the Commodity Exchange Act (CEA), which controls […]
Business
May 9, 2025
DraftKings’ Revenues Soar, Underpinned by the Jackpocket Acquisition
American sports betting powerhouse DraftKings has announced its Q1 2025 financial results, highlighting an increase in revenue. The company also revised its adjusted EBITDA forecasts from the previous guidance. In the meantime, DraftKings executives remain bullish on prediction markets. The Company’s Revenues Increased, in Part Thanks to Jackpocket In its Q1 report, DraftKings outlined revenue […]
Casino
May 9, 2025
RWLV Names New President Amid Leadership Shake-Up
Resorts World Las Vegas is once again reshuffling its executive leadership. On Thursday, the company confirmed that Alex Dixon, who had been chief executive officer for just under four months, will transition into a new position as senior advisor to the Board of Directors. Stepping into the leadership role is Carlos Castro, who has officially […]
Casino
May 9, 2025
Coney Island Casino Project Moves Ahead with Key Approval
The New York City Planning Commission has given the green light to plans for a large casino and entertainment complex in Coney Island, marking a big step forward. Coney Island Casino Plan Clears City Hurdle, Faces Statewide Licensing Battle The project called The Coney, would take up three blocks along Surf Avenue and include a […]
Casino
May 9, 2025
Atlantic City Casinos Give $572M to State Aid Despite Profit Drop
A new report from Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism (LIGHT), working with the Casino Association of New Jersey (CANJ), shows that Atlantic City’s casino industry sent a record $572 million to the state’s Casino Revenue Fund in Fiscal Year 2024. These findings highlight how the industry remains crucial to […]
Lottery
May 8, 2025
Public Divided on $3M Slot Win in Mississippi
On some rare occasions, one’s life can change in literally seconds, which is what happened to a gambler who just won over $3 million at a slot machine in Mississippi. Lucky Slot Machine Player Wins Jackpot Announced in a Facebook post, the man played a “Wheel of Fortune” slot machine at Harlow’s Casino & Resort […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]
