CFTC Nominee Brain Quintenz To Give Up Position At Kalshi
Brain Quintenz, Trump's nominee to lead the Commodity Futures Trading Commission (CFTC), has announced he will resign from his position on Kalshi's board upon taking office.
USA Casino & Gambling Industry News
PENN CEO And Director Buy Up Shares After Price Drop
Penn Entertainment CEO Jay Snowden and Director David Handler bought a combined 44,000 shares after a recent price drop, caused by a report by disgruntled investor HG Vora.
Texas Woman Sues State Over Withholding $83.5M Winning Ticket
A woman in Texas has filed a lawsuit against the state's lottery for not paying out her $83.5 million winning ticket purchased through a courier.
VGW Announces Phase Out Of Sweepstakes In New York
VGW, the group behind Chumba Casino, LuckyLand Slots, and Global Poker, announced that it will be phasing out its sweepstakes casino games for New York players.
California Governor Candidate Bets On Himself To Win Office
Kyle Langford, a Republican candidate for governor in California, bet on himself to win the highest office in the state at Kalshi this weekend.
Massachusetts Fine Sports Betting Platforms $50,000 For Noncompliance
The Massachusetts Gaming Commission (MGC) dished out $50,000 in fines to sports betting platforms last week. The fines related to violations of the state's rules on betting on Belarusian sports teams, LPGA events, and marketing practices.
Major League Rugby Announces Partnership With Social Betting Platform Sparket
Major League Rugby (MLR) has announced a partnership with Sparket, an online gambling platform that focuses on creating a social environment for betting.
Nevada Posied To Enact Bill Tackling Illegal Gambling Operators
Nevada lawmakers have passed a bill in both the Senate and the Assembly that will increase the penalties for illegal gambling platforms operating in the state.
Gambling Industry News
Red Sox Confront Online Abuse Linked to Sports Betting
The Boston Red Sox have spoken out against the rise of abuse online because of disgruntled sports bettors. Pitcher Liam Hendriks raised the issue after receiving death threats due to a loss to the Mets recently.
Casino News
Montana Becomes First State To Officially Ban Sweepstakes
Montanta's Governor, Greg Gianforte, signed off on a bill to officially prohibit sweepstakes casinos, becoming the first US state to outlaw the platforms.
Gambling Industry News
Court Rejects DraftKings Appeal Against MLB Lawsuit, Setting Up Potential Trial
DraftKings was denied a motion to dismiss the case brought against it by MLB Players Inc. (MLBPI) for misappropriation of publicity and unjust enrichment. In simpler terms, MLB players are suing one of the leading USA sports betting sites for using players’ identities without permission on its sportsbook and social media posts. DraftKings’ Motion To […]
Gambling Industry News
Louisiana House Approves Reduced Sports Betting Tax Hike
The Louisiana House of Representatives approved a bill that will increase sports betting tax on Tuesday, but at a reduced rate from the original proposal.
Gambling Industry News
Arizona Latest State To Issue Kalshi Cease-And-Desist Letter
Arizona has issued a cease-and-desist letter to prediction markets operator Kalshi, joining the six states that took the same action last month.
Gambling Industry News
CFTC To Hold Call WIth Tribal Leaders Over Prediction Markets Next Week
The Commodity Futures Trading Commission (CFTC) has scheduled a conference call for May 29 with tribal betting leaders to discuss the state of sports prediction markets.
Gambling Affiliate Industry News
Better Collective Revenue Drops 13% With Strugges In Brazil And The US
Better Collective reported a year-on-year revenue decline of 13% in Q1, falling to €83m ($93m). EBITDA also dropped, down to €22m, which marked a 24% decline from Q1 2024.
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USA Casino & Gambling Industry News Archives - Gambling Industry News
USA Casino & Gambling Industry News Archives - Gambling Industry News currently offer or will soon offer in-person and online sports betting while a number of states only permit betting inside casinos.