Industry
February 16, 2024
Connecticut Study Reveals Emerging Gambling Market Trends
Connecticut recently released a comprehensive study revealing intriguing insights into the state’s gambling landscape. The research, conducted by Gemini Research and led by University of Massachusetts professor Rachel Volberg, indicates that only 10% of Connecticut residents engage in sports wagering or online games. However, betting trends revealed that the state faces familiar gambling addiction issues. […]
Sports
February 16, 2024
Full Pull Confirms Plans to Introduce Wagering on Tractor Pulling
Amid the sports betting expansion across the United States, millions of bettors can now place legal wagers on their favorite sports. Some of the most popular sports include football, hockey, baseball, basketball and ice hockey. Besides professional sports, some US states offer wagering on collegiate events, further expanding the offering available for bettors. Yet, the […]
Industry
February 16, 2024
NC Gives Up on Casino Expansion, Gambling Machine Legalization Still Possible
North Carolina may not authorize more casinos but legal video gambling machines could be on the table. According to the latest reveals from General Assembly members, lawmakers may introduce an attempt to sanction the vertical this spring. For reference, North Carolina tried to expand its land-based casino industry with four new properties. However, the proposal […]
Industry
February 16, 2024
DFS Operators in Florida Receive Cease-and-Desist Letters
Three daily fantasy sports (DFS) operators in Florida recently received cease-and-desist letters, a newly released report suggests. The letters, Saturday Down South confirmed, were sent by the Florida Gaming Control Commission (FGCC) and received by PrizePicks, Betr and Underdog Fantasy, three operators that currently offer such activities to customers in the state. Florida’s gambling regulator […]
Industry
February 16, 2024
West Virginia Proposes Problem Gambling Data Sharing Bill
Lawmakers in West Virginia have introduced a new responsible gambling bill. Authored by Rep. Roger Hanshaw and Shawn Fluharty, the measure seeks to provide responsible gambling research academics with more data to work with. Dubbed House Bill 5668, the measure was introduced on Tuesday and would establish a Responsible Gaming and Research Act (RGRA). The […]
Sports
February 16, 2024
Florida Panthers vs. Tampa Bay Lightning 2024 NHL Odds, Time, and Prediction
The Tampa Bay Lightning vs. Florida Panthers is one of the greatest NHL rivalries. It’s been going on for more than 30 years and the next “Battle of Florida” is scheduled for Saturday, February 17, 2024. Who’s going to win? Let’s find out! Florida Panthers vs. Tampa Bay Lightning Odds Spread Odds Florida Panthers -1 […]
Sports
February 16, 2024
Daily Fantasy Sports Bill Gains Traction in Florida
Daily fantasy sports (DFS) is an engaging activity that is available in many US states. Offering entertainment similar to sports betting, the activity has been gaining popularity over the last few years, attracting a wide range of audiences. One state that is currently trying to establish effective regulation for daily fantasy sports games is Florida. […]
Industry
February 16, 2024
Lawmakers Support Raising Tax Threshold on Slot Winnings
For nearly a decade, lawmakers such as Rep. Dina Titus have continuously urged the Internal Revenue Service (IRS) to raise the existing threshold on slot winnings that require a W-2G tax form. The current regulation requires anyone with winnings of $1,200 or more to submit a W-2G tax form. This policy was established back in […]
Business
February 16, 2024
DraftKings Expands Reach with $750M Acquisition of Jackpocket
DraftKings Inc. has finalized an agreement to purchase Jackpocket, the prominent US lottery app, for a staggering $750 million. DraftKings’ Partnership with Jackpocket Signals Entry into US Lottery Industry The deal, structured with approximately 55% cash and 45% stock components, underscores DraftKings’ strategic maneuver to tap into the vast potential of the US lottery industry. […]
Casino
February 16, 2024
Study Shows Online Gaming Boosts Traditional Casino Revenue
A recent study has challenged the long-held belief that online gaming poses a threat to brick-and-mortar casinos. Commissioned by the iDevelopment and Economic Association (iDEA Growth) and conducted by Eilers & Krejcik Gaming (EKG), the study suggests that far from cannibalizing traditional casino revenue, online gaming might actually be enhancing it. Online Gaming Boosts Brick-and-Mortar […]
