Industry
February 7, 2024
Bill Proposes to Restrict Online Sports Betting Ads in Kansas
Kansas, a state with a population of nearly 3 million people, was among the US states that legalized sports betting back in 2022. After legislation was passed, legalizing the activity in May, on September 1, 2022, the state officially launched its retail and online sports betting market. Now, less than two years after the launch, […]
Casino
February 7, 2024
Two Arrested for Armed Robbery at Gambling Den in Queens, New York
Two individuals have been apprehended by FBI agents for their alleged involvement in a violent armed robbery at an illicit gambling establishment in Flushing, Queens, last July. The incident, which resulted in one person sustaining gunshot wounds, has led to charges against Jamel Berry from Astoria and Zhong Wang, a Chinese national. Robbery at Flushing […]
Business
February 7, 2024
Gaming and Leisure Properties Expands Portfolio with Tioga Downs Acquisition
Gaming and Leisure Properties, Inc. (GLPI) announced the acquisition of the real estate assets of Tioga Downs Casino Resort in Nichols, New York, from American Racing & Entertainment, LLC, for a sum of $175 million. GLPI Seals Tioga Downs Acquisition with $14.5 Million Annual Rent Agreement The agreement stipulates an initial annual rent of $14.5 […]
Sports
February 6, 2024
AGA Expects 68M Americans to Wager $23.1B on the Big Game
The American Gaming Association (AGA) has published a new survey on the upcoming Super Bowl LVIII. According to the association, a quarter of the American adult population (26%, or 68 million) is expected to wager a whopping $23.1 billion on the Big Game. This figure would represent a significant increase from the $16 billion Americans […]
Industry
February 6, 2024
President Joe Biden Visits Las Vegas, Opposes Hidden Junk Fees
Additional fees that are often used to inflate the price of hotel and resort accommodation are also referred to as junk fees. Every year, millions of Americans planning their vacation are unpleasantly surprised by such fees, some of which are not disclosed until the very last moment, leaving them without any options but to comply […]
Industry
February 6, 2024
Maryland’s Casino Revenue Declined in January
Maryland’s six casinos have posted total revenue of $153.2 million for January 2024. This figure represents an 8.4% year-on-year decrease and led to lower contributions to the state. For reference, the best-performing casino was MGM National Harbor, a property with over 2,000 slots and more than 200 gaming tables. The MGM property posted revenue of […]
Legal
February 6, 2024
Former DraftKings Executive Challenges Non-compete Policy in Court
A former DraftKings executive is challenging non-compete agreements he signed with his employer. The legal case, filed by Michael Z. Hermalyn, Fanatics VIP’s president and former senior vice president of growth at DraftKings, was filed Thursday. In his lawsuit, the executive argues that the non-compete policies he agreed to with his former employer are unenforceable […]
Casino
February 6, 2024
Little Trail Casino in Florida to Open on February 14
Last year, the Miccosukee Tribe of Indians, one of the federally recognized tribes in Florida, announced the start of the development of its newest venue, the Little Trail Casino located in Ochopee. After half a year of development, the Miccosukee Tribe confirmed that its new premium gaming location is expected to open its doors to […]
Legal
February 6, 2024
FanDuel Asked to Reimburse $20M Stolen by Former Jaguars Employee
The Jacksonville Jaguars are communicating with FanDuel to seek reimbursement for approximately $20 million lost on the platform by a former employee. The perpetrator stole millions from the team, using most of them to wager on FanDuel’s daily fantasy sports offerings. Despite these assets’ stolen nature, the operator’s legal obligation to return them remains unclear. […]
Industry
February 6, 2024
Catawba Casino in North Carolina Eyes Mobile Betting Partnership
North Carolina’s tribal operators legalized retail sports betting in July 2019. Then, last June, state lawmakers legalized online sports betting as well, with the launch of the activity expected next month. So far, there are eight online sports betting operators that are expected to roll out their services with the opening of the market in […]
