Gambling Industry News

Fred Meyer Employee Stole Over $60k To Fund Gambling Habit

Fred Meyer Employee Stole Over $60k To Fund Gambling Habit

A former Fred Meyer employee pleaded guilty to stealing $60,000 from the company to fund her gambling habit. Oregon City woman Rainbow Melodi Stammet, 43, was convicted on two counts of theft in Clackamas County on Tuesday. Local news outlets reported that Stammet had been working for the retailer for two years when loss prevention […]

Texas Senator Says State Must Abolish “Illegal Organized Crime Lottery”

Texas Sen. Bob Hall laid out his case for abolishing the Texas Lottery altogether in a committee hearing on Monday, calling it an “illegal organized crime” operation. Hall is the author of SB1988, which proposes abolishing the state lottery and shutting down the Texas Lottery Commission (TLC) by January 1st, 2026. Speaking to the Senate […]

Ohio Lawmakers Making Plans To Legalize Online Casinos

Rep. Brian Stewart has confirmed that he is working on a proposal to legalize online casinos in Ohio. The legislation could allow legal online poker and other casino games in the Buckeye State. Stewart is seeking new sources for tax revenue after plans to raise existing gambling taxes were removed from Gov. Mike DeWine’s budget. […]

Election Markets Can Stay After CFTC Withdraw Court Challenge

The Commodity Futures Trading Commission (CFTC) has asked the D.C. Circuit Court to withdraw its appeal against the legality of election markets. This paves the way for future election betting through prediction market sites such as Kalshi, Crypto.com, and Robinhood. The move to dismiss the case also points to the CFTC validating the expansion of […]

Bet365 Owner Denise Coates Considering £9 Billion Sale

Bet365 Owner Denise Coates Considering £9 Billion Sale

The owners of gambling superpower bet365 are considering a £9 billion sale of the firm amid interest from the United States. The company has held talks with Wall Street banks and US advisers over the last few weeks regarding a full or partial sale that could fetch the upper echelons of a ten-figure sum. The […]

Portugal Online Gambling Market Hits Record €323m For Q4 In 2024

Portugal Online Gambling Market Hits Record €323m For Q4 In 2024

With final Q4 2024 figures now in, it’s been reported the Portugal online gambling market continues to rise – with the sector hitting a record high for the end of the year. Portugal Online Gambling Sector Peaks With Record €323m Q4 Figures Trends across most of Europe have continued to rise in recent years within […]

Legendary Jockey Frankie Dettori Lands Ambassadorial Role With Leading Betting Platform Stake

Legendary Jockey Frankie Dettori Lands Ambassadorial Role With Leading Betting Platform Stake

Legendary jockey Frankie Dettori has landed a role as global ambassador for leading betting platform Stake. Dettori, 54 is widely regarded as one of the greatest riders of all-time and enjoyed a decorated career in Europe from 1987 to 2023 – winning 23 British Classics and a total of 287 Group 1 races to date. […]

New York Senate Amends Bill To Target Sweepstakes Casinos

New York Senate Amends Bill To Target Sweepstakes Casinos

A bill proposing to ban sweepstakes casinos in New York has been amended to give regulators more control over what constitutes a dual-currency system. Sen. Joseph Addabbo’s SB5935 aims to prohibit social and sweepstakes casinos in the Big Apple. The bill originally defined online sweepstakes as a platform that “utilizes a dual-currency system of payment […]

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Gambling Industry News

Florida Bills To Ban Sweepstakes Casinos Fail To Progress

A pair of bills that aimed to tackle the rise of sweepstakes casinos by banning dual-currency gambling will no longer be considered by Florida lawmakers. The bills are off the table despite state lawmakers extending the legislative session from the original end date of May 2nd to June 6th. Former Philadelphia Eagle, Sen. Corey Simon had […]

Gambling Industry News

Kentucky Derby Sets Record Horse Racing Betting Handle

The 151st Kentucky Derby, held on Saturday, set a new record betting handle for US horse racing. Early reports suggest US gamblers staked a total of $234.4 million on the race, up 11% from last year’s $210.7 million. It was the second running of the race since Kentucky sports betting was legalized in September 2023. […]

Gambling Industry News

NBA Contact CFTC About Risk Of Prediction Markets

The NBA has sent a letter to the Commodity Futures Trading Commission (CFTC) about the risks of continuing sports prediction markets. The pro-basketball organization became the second major professional sports league to raise concerns about the spread of prediction markets on sites such as Kalshi, following the MLB, which sent a letter last month. Alexandra […]

Fanatics Casino Launches in Michigan, New Jersey, Pennsylvania & West Virginia

Fanatics Betting and Gaming has announced the launch of Fanatics Casino on iOS and Android for the following four U.S. states: Michigan, New Jersey, Pennsylvania, and West Virginia. Fanatics Casino is also launching a web version today in West Virginia with Michigan, New Jersey, and Pennsylvania coming soon. To celebrate the launch, all Fanatics Casino […]

Aristocrat Gaming Launches New Cabinet, The Baron Portrait

Just months after Aristocrat Gaming introduced The Baron Upright cabinet last fall, the gaming company recently launched The Baron Portrait, now available on casino floors across North America. The Baron Portrait has the same shape as The Baron Upright, but there’s one noticeable difference: a cutting-edge 43-inch curved ultra hi-def 4K monitor. According to Aristocrat […]

Gambling Industry News

South Carolina Education Lottery to Adopt Scientific Games’ SCiQ Retail Technology

Scientific Games, the world’s largest lottery games entity, will continue to power South Carolina Education Lottery “firsts” with the launch of the global company’s SCiQ retail ecosystem at retailers across the state. The SCiQ technology systems will be deployed as part of the Lottery’s focus on improving the retail environment for its Scratch-Off games, simplifying […]

IGT, Red Earth Casino Sign Multi-Year Casino Management Systems Agreement

International Game Technology PLC (IGT) announced recently that it has signed a multi-year systems agreement with Red Earth Casino in Thermal, Calif. to displace a competing casino management system (CMS) with the award-winning IGT Advantage CMS. After deploying IGT Advantage, Red Earth Casino will complete a full-floor systems-hardware upgrade with advanced Avento capabilities, leverage IGT’s […]

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