Industry
June 30, 2023
MGCB Expects to Receive $51M in Funding for FY2024
The gambling regulator in Michigan, the Michigan Gaming Control Board (MGCB), would benefit from nearly $51 million in funding, after the state’s legislators reached an agreement for the Fiscal Year 2024 budget. Overall, some $50.7 million would be dedicated to the regulator, allowing it to continue to effectively monitor the market and promote responsible gambling. […]
Business
June 30, 2023
PointsBet’s Shareholders Vote in Favor of US Assets Sale
PointsBet announced that an overwhelming majority of its shareholders supported the sale of its US-facing business to the well-known sports merchandise company, Fanatics. Fanatics Betting and Gaming, the company’s sports retail division, filed a proposal for the takeover of PointsBet’s US assets in a deal for some $225.0 million, a significant increase from its initial […]
Industry
June 30, 2023
VIXIO Embraces Innovation with Its Newest Data Hub Service
With the ever-evolving landscape of regulatory requirements, businesses must increasingly rely on external tools to remain compliant with regulations and make informed decisions. VIXIO’s newest solution bolsters high-level decision-making, analyzing available data to improve planning efforts and highlight potentially hidden business opportunities. The New Solution Answers Rising Market Challenges VIXIO Regulatory Intelligence is a leading […]
Sports
June 30, 2023
NFL Strikes Back against Gambling Violations with Three Indefinite Suspensions
Indianapolis Colts players Isaiah Rodgers Sr. and Rashod Berry, and free agent Demetrius Taylor, violated the league’s strict gambling policy, placing multiple bets on NFL games in 2022. Such actions blatantly violate sports integrity guidelines, justifying the harsh penalty. The case’s ramifications will undoubtedly have a long-lasting impact, deterring potential future violations. The Punishments Will […]
Sports
June 30, 2023
Alexander Volkanovski vs. Yair Rodriguez UFC 290 Odds, Time, and Prediction
After an unsuccessful venture in the lightweight division, Alexander Volkanovski (25-2) is coming back to the 145lbs weight class to defend his UFC Featherweight title for the fourth time. This time, it’s against Yair Rodriguez (15-3-1) who became the interim champion after beating Josh Emmett in February. Alexander Volkanovski vs. Yair Rodriguez Odds Moneyline Odds […]
Legal
June 30, 2023
Charges against Ex-Wynn Executive in Varsity Blues Scandal Dropped
Gamal Abdelaziz, the former Wynn Resorts executive, was one of the many defendants involved in the massive Varsity Blues scandal that made news headlines a few years ago. Allegations against him claimed that he paid $300,000 to have his daughter accepted into a US university without her meeting the athletic standard. Now, in a new […]
Sports
June 30, 2023
Maryland Lottery Commission Study to Assess Online Casino Expansion
In the wake of an unsuccessful attempt to bring legal online casino gaming in front of Maryland voters during the 2023 legislative session, the Maryland Lottery and Gaming Commission (MLGC) has embarked on a comprehensive study to explore the possibilities of legalizing online casinos in the state. Maryland Legislators Pin Hopes on Study’s Impact to […]
Sports
June 30, 2023
FanDuel Hints at Churchill Downs Deal for Kentucky Entry
In March, Kentucky finalized the legalization of sports betting. Although the activity was legalized, the state is yet to launch it as it awaits the Kentucky Horse Racing Commission (KHRC) to implement regulations that are necessary for the activity. Officially, the new sports betting law in Kentucky goes into effect on July 1, 2023, however, […]
Legal
June 30, 2023
Illinois Poised to Offer Ex-Convicts Second Chance in Casinos
Governor J.B. Pritzker is now the one holding the fate of people who have served prison sentences and are looking to reintegrate into society with Senate Bill 1462 awaiting the gubernatorial signature before it may be passed into law. Second Chance for Illinois ex-Convicts at Casinos Senate Bill 1462 will not necessarily grant exclusive hiring […]
Casino
June 30, 2023
Encore Boston Harbor Workers and Casino Avert Strike with New Agreement
In a significant breakthrough, unionized workers at Encore Boston Harbor casino in Everett have reached a “tentative agreement” on a new contract with Wynn Resorts, effectively avoiding the scheduled strike set to begin on June 30. Union Workers and Wynn Resorts Find Common Ground in Contract Negotiations The breakthrough was announced on June 29 following […]
