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.
USA Casino & Gambling 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.
Maryland Signs Sports Betting Tax Hike Into Law
Maryland's Governor has signed off on a bill that will raise the sports betting tax in the state from July this year.
New Ohio Casino Bill Proposes Ban On Sweepstakes
A new bill was introduced in Ohio on May 20, proposing to both legalize online casinos and ban sweepstakes casinos.
Flutter Issues $2.8 billion In Debt Notes To Finance Snai Italia Acquisition
Flutter announced the issuance of $2.8 billion in senior secured notes, maturing in 2031, to finance its acquisition of Snaitech Italia. The gambling giant acquired the Italian sports betting company last month for €2.3 billion.
Minnesota Sports Betting Efforts Fail, Again
Minnesota has again failed in efforts to legalize sports betting. The legislative session ended Monday with no progress on a proposal by lawmakers.
Kalshi Retracts Announcement Of Partnership With Elon Musk’s xAI
Prediction market platform Kalshi announced a partnership with Elon Musk's AI company, xAI, only to backtrack and retract the statement.
VGW Leads New Sweepstakes Advocate Group, Social Gaming Leadership Alliance
VGW, the company behind Luckyland Casino, Chumba Casino, and Global Poker, has established a new sweepstakes casino advocate group, the Social Gaming Leadership Alliance (SGLA).
Sportsbetting News
Caesars Launches In-Person Sports Betting In Oregon At Ko-Kwel Casino Resort
Caesars has launched its first in-person sports betting facility in the state of Oregon at Ko-Kwel Casino Resort in Coos Bay. Ko-Kwel Casino Resort Celebrates 30th Anniversary With Caesars Operation Caesars Entertainment has entered the Oregon sports betting market by launching in-person wagering at Ko-Kwel Casino Resort in partnership with the Coquille Indian Tribe. The […]
Gambling Industry News
Underdog Fantasy Announces Return Of New York Draft Games
Underdog Fantasy has relaunched its draft games in New York after a two-month enforced absence. At the moment, not all daily fantasy sports (DFS) products are available, for example, against-the-house or the P2P version of the Underdog pick’em product.
Gambling Industry News
Ohio Proposes Tax On Sports Betting Handle In Addition To Revenue
A bill introduced last week in Ohio proposes making the state the first in the US to place a tax on the betting handle in addition to gaming revenue.
Casino News
Light & Wonder Acquires Grover Gaming for $1.05B, Expanding into Charitable Gaming Sector
Light & Wonder finalized the $1.05 billion acquisition of Grover Gaming's charitable gaming assets. The deal includes a $850 million upfront payment and a potential $200 million earn-out over four years.
Gambling Industry News
Wynn Resorts Pays $5.5M Fine for AML Failures, Drops New York Casino Bid
Wynn Resorts has agreed to pay a $5.5 million settlement to the Nevada Gaming Control Board (NGCB) for anti-money laundering violations.
Gambling Industry News
Ohio Introduces Bill To Legalize Online Casinos
Lawmakers in Ohio have introduced a bill proposing to legalize online casinos in the state. The bill aims to legalize online slots, interactive table games (including poker), parimutuel wagering, and iLottery games.
Gambling Industry News
Lawmaker Claims Iowa Capitol Was Testing Ground For Illegal Gambling Investigation
Rep. Megan Jones has accused the Iowa Division of Criminal Investigation (DCI) of using spying software on the Iowa Capitol before monitoring student athletes for online gambling.
FAQ
Is Gambling Legal in the USA?
Yes - both land-based and online gambling in various forms are legal in many US states. 39 states currently offer or will soon offer in-person and online sports betting while a number of states only permit betting inside casinos.
How many gamblers are there in the US?
The United States is of the most gambling-friendly countries in the world, with a population of over 57 million active gamblers.
Every year, around 40% of American adults visit one of the casinos in Las Vegas, Nevada, Atlantic City, New Jersey, or one of the thousands of land-based U.S Casinos, not to mention playing casino games at online casinos.