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Effort to Increase Massachusetts Online Sportsbook Tax Fails
A legislative effort in Massachusetts to jack up the state's effective tax rate on gross revenue won by online sportsbooks in the commonwealth failed on Thursday. State Sen. John Keenan (D-Plymouth) proposed...
Al Sharpton Cautions FTC About FanDuel/DraftKings Duopoly
The Rev. Al Sharpton penned a letter to the Federal Trade Commission (FTC), urging the regulatory agency to examine the potential adverse effects on Black bettors and athletes that could stem from...
Atlantic City Casino Profits Tumble 10 Percent, Inflationary Pressures Blamed
Atlantic City casino profits totaled $140.5 million in the first quarter, a nearly 10% year-over-year reduction. Despite net revenue climbing 2% to $740.1 million, the nine casinos saw their bottom links shrink....
FanDuel Off to Fast Start in Washington, DC
In its first month as the lone mobile sports wagering operator in Washington, DC, FanDuel validated the District’s decision to convert to that platform from GambetDC. During its first 30 days of...
Three Gamblers Lose $24M Total at Las Vegas Casino
Three visitors lost a total of almost $24M at Resorts World Las Vegas over just a few years, according to the Nevada Current. Each of the trio is reportedly under investigation. One...
Queens Pols Push Ramos to Consider Casino Legislation
Queens politicians and members of the Community Advisory Committee (CAC) are pushing State Sen. Jessica Ramos (D-Queens) to author permitted use legislation that would pave the way for the proposed $8 billion...
Massachusetts Sportsbooks Skip State Gaming Commission Roundtable
Massachusetts' six online sports betting operators opted to sit out Tuesday's regulatory roundtable discussion regarding how sportsbooks limit patrons. ? The Massachusetts Gaming Commission (MGC) is seeking information about how and when...
Ohio Casino Swatting Suspect Appears in Court for Threatening Calls
The teenager accused of being the mastermind behind a “swatting call” to Columbus, Ohio's Hollywood Casino appeared in federal court on Monday. Brayden Grace, 18, of Columbus, Ohio, was linked to the...
Entain Steadies Ship, but It’s Curtains for Crystalbet
After a tumultuous two years that saw the value of Entain’s (OTC: GMVHF) shares tumble to a third of their September 2021 high, the online gambling group is well-positioned to deliver high-quality,...
Jackpot Roundup: Man Celebrating 21st Birthday Wins $362K in Las Vegas
An Ohio resident visiting the Las Vegas Strip collected $362K at the Linq Hotel + Experience on his 21st birthday. Damon Howell of Union City won $362,640 while playing Ultimate Texas Hold’em...