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Legal
January 9, 2025
DraftKings Takes Heat Over “Free Bet” Promotional Language
DraftKings is now facing three class-action lawsuits filed against the company because of what is alleged to be unfair and misleading promotional practices. The lawsuits specifically name the language used by the sportsbook in describing its promotions. DraftKings “Risk-Free” Promotions Targeted in New Lawsuit Wordings such as “no sweat first bets” are seen as misleading […]
Legal
January 9, 2025
NH Lawmakers Call for Concord Casino License Revocation Review
The saga surrounding Concord Casino in New Hampshire and its owner, former state senator Andy Sanborn, continues. The owner of the casino who was arrested in October amid allegations of fraud marked a move that complicated the casino sale. To make matters worse, in November, a judge cleared the path for Sanborn’s license revocation by […]
Industry
January 9, 2025
Close to $1M Spent in Opposition of Tysons Casino
Talks about a proposed casino in Fairfax County, Virginia, continue. Supporters and opponents of the proposed Tysons casino project have clashed since 2023. Not unexpectedly, donations and lobbying efforts play a key role in such processes and the casino project is no exception. Now, a new report suggests that close to $1 million was spent […]
Sports
January 9, 2025
Minnesota Examines Evidence of Sports Gambling Social Harm
Minnesota is somewhat keen to join a list of 38 states and the District of Columbia to have legalized and (mostly) launched their sports gambling industries in earnest. However, Minnesotans are cautioned that they are likely to bear the brunt of sports gambling legalization, even if the state coffers secure an additional revenue stream. Evidence […]
Casino
January 9, 2025
Caesars Partners with Evolution for Branded Live Dealer Studio in PA
Evolution Gaming, the world’s de facto pioneer of the live dealer experience, has signed a new deal with Caesars to bring around a branded live casino studio that will add authenticity and immersive quality to the overall gaming experience across Pennsylvania. Caesars Gets Branded Live Dealer Studio Games in Pennsylvania The deal sees Evolution Gaming […]
Casino
January 9, 2025
$340M Solar Project to Power Top Las Vegas Casinos with Clean Energy
Estuary Power has secured $340 million in funding for its innovative Escape Solar and Storage project in Lincoln County, Nevada. The project, which started construction in late 2024, will be the first big solar initiative in the county and plans to start running in 2025. Tesla-Powered Battery Storage to Fuel Green Energy for MGM, Caesars, […]
Industry
January 9, 2025
Kentucky Tackles Gambling Addiction with New State Funding Initiative
Kentucky is nearing the end of its first year of legal sports betting. The state has started a new program to deal with the possible increase in gambling problems. Some of the tax money from sports bets now goes to the Problem Gambling Assistance Fund. This fund aims to boost awareness and train health workers […]
Industry
January 8, 2025
Elon Musk’s Vegas Loop Has Committed Multiple Violations, Report Says
The Las Vegas Convention Center Loop (LVCC Loop), Elon Musk’s controversial underground transportation system, has reportedly committed a number of construction and environmental violations. According to a new report by investigative journalism outlet ProPublica, the tunneling efforts of Musk’s Boring company have had little oversight throughout the years. Multiple Violations Were Committed, Journalists Reported ProPublica […]
Business
January 8, 2025
Flutter Revises Revenue Forecast Due to Poor NFL Betting Results
Shares of Flutter Entertainment saw a dip of nearly 2% in after-hours trading on Tuesday after the company lowered its revenue and earnings guidance for 2024, citing unexpectedly poor results in NFL betting. The Most Customer-Friendly NFL Season in 20 Years The company now expects its 2024 revenue to reach $5.78 billion, down from the […]
Industry
January 8, 2025
Better Times for Political Betting May Be on the Horizon as CFTC Chair Resigns
The US Commodity Futures Trading Commission (CFTC) chairman is set to step down, potentially heralding a favorable era for political betting. Rostin Behnam, who chaired the commission during Biden’s presidency, was among the chief opponents of the growing vertical. Behnam Says He Did His Job to the Best of His Abilities Behnam announced his exit […]
