Industry
February 9, 2024
Senate Committee in Virginia Postpones Collegiate Betting Bill
After legalizing sports betting in April 2020, Virginia officially launched its legal market near the end of January 2021. There are currently more than a dozen mobile betting operators, some of which have joined forces with professional sports franchises in the state. Yet, under the existing rules for sports betting, Virginia restricts wagering on in-state […]
Legal
February 9, 2024
West Flagler Continues Sports Betting Legal Battle
A gaming compact between the Seminole Tribe and Gov. Ron DeSantis in Florida, dating back to 2021, was tangled into a prolonged legal battle. The compact permitted the Tribe to accept online sports bets across the state under the condition that the computer servers required for this be positioned within Indian lands. Consequently, West Flagler […]
Casino
February 9, 2024
Mets’ Owner Steve Cohen Unveils $8bn Casino Plan for Citi Field Area
Considering the resounding success of mobile sports betting in New York, leading industry operators showed interest in securing one of the state’s three new downstate casino licenses. The fierce competition was joined by industry giants, including Wynn Resorts, Las Vegas Sands, MGM Resorts International and several other bidders. Overall, nearly a dozen bidders joined the […]
Casino
February 9, 2024
Virginia Lawmakers Vote to Exclude Richmond from Casino Consideration
In a decisive move following Richmond voters’ rejection of a casino proposal for the second time, Virginia lawmakers have unanimously voted to permanently remove the city from consideration as a potential casino site. Richmond’s Removal from Casino Eligibility Sealed by 100-0 House Vote The Virginia General Assembly, in a bipartisan effort, passed bills aimed at […]
Casino
February 8, 2024
Petersburg Casino Momentum Increases as Senate Passes Bill 628
The plan to establish Petersburg, Virginia, as the state’s fifth city to host a casino has inched one step closer to realization. The odds have increased as the Virginia Senate cleared a bill that would possibly greenlight a casino in the city. Senate Bill 628 seeks to redefine the criteria for a host city and […]
Industry
February 8, 2024
US Treasury’s 2024 AML Report Highlights Vulnerabilities of the iGaming Sector
The US Department of the Treasury has published its 2024 National Money Laundering Risk Assessment. The report highlighted, among other things the online gaming and sports betting sector’s vulnerability to money laundering. According to the Treasury, the anonymity provided by the online gambling sector provides some unique money laundering risks. While US casinos have a […]
Industry
February 8, 2024
Five Armed Thugs Rob Casino Employee in Bellevue, Washington
It is not uncommon for casinos or casino visitors to become victims of robberies. Considering that retail gambling venues often operate with large sums of cash, this makes them attractive to criminals, some of whom are willing to pull off scams while others engage in violent crimes such as robberies with the help of firearms. […]
Sports
February 8, 2024
Oregon Lottery Introduces Taylor Swift-Themed Super Bowl Bets
After the Associated Press announced that US sportsbooks were refraining from accepting bets on the possibility of pop icon Taylor Swift showing up at the much-anticipated Super Bowl to show support for boyfriend Travis Kelce and his team, the Kansas City Chiefs, Oregon Lottery has exciting news for the Swifties. Namely, the lottery has announced […]
Industry
February 8, 2024
Bet365 Makes a Foray into Arizona’s Sports Betting Market
Bet365 has forayed into Arizona’s online sports betting market, expanding its US reach. The operator’s products are now available in nine states, allowing millions of American adults to enjoy its industry-leading offerings. Bet365’s launch in Arizona was made possible by its partnership agreement with the Ak-Chin Indian Community. Thanks to its deal with the tribal […]
Business
February 8, 2024
Red Rock Resorts Enjoys Strong Q4 and Full Year 2023 Results
The leading casino and hospitality company, Red Rock Resorts, published its latest results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Wednesday, the company released its unaudited report, pointing to strong growth in revenue as well as an increase in adjusted EBITDA for the three months ended December 31, […]
