Industry
March 21, 2023
New Jersey Committee Approves Addiction Treatment Bill
New Jersey lawmakers plan to introduce a problem gambling measure that would see the state step up its efforts in the war on gambling-related crime and addiction. Details about the program are outlined in Bill A420, which received the unanimous approval of the state’s Tourism, Gaming and Arts Committee. The measure, sponsored by Ralph Caputo, […]
Casino
March 21, 2023
Dream Las Vegas Construction Stalls as Developers Run Out of Funds
Shopoff Realty Investments, one of the companies behind the project, is confident that the planned hotel is promising enough to draw additional investors. Rising inflation and other economic pressures almost doubled the construction costs, and the funding-related delays may push back the planned late 2024 launch. Despite ongoing difficulties, the developers remain optimistic and will […]
Legal
March 21, 2023
PredictIt Has Until April 5 to Respond to a CFTC Letter
PredictIt, a platform that allows customers to wager on political and financial events, is under fire by US regulators that seek to shut down the exchange. In response, the exchange filed a lawsuit, which still continues. Amid the heated battle between PredictIt and the Commodity Futures Trading Commission, the exchange’s deadline to respond to a […]
Casino
March 21, 2023
Plaza Hotel & Casino Unveils Super Bingo Tournaments
The Plaza Hotel & Casino, a gambling property in Las Vegas, has unveiled the dates of its 2023 Super Bingo tournaments. The first such competition has been scheduled for April 3-5, after which the casino will continue hosting tournaments almost every month. The upcoming tournament will feature a $160,000 prize pool. The casino announced that […]
Legal
March 21, 2023
Tennessee Seeks to Tax Betting Handle Instead of Revenue
After PASPA’s repeal in 2018, Tennessee legalized sports wagering in May 2019. Then, November 1, 2020, marked the launch of the legal online sports betting market in the state. Currently, sports betting operators are subject to a 20% tax on sports betting revenue. Moreover, to operate in the state, licensees are subject to meeting license […]
Legal
March 21, 2023
Connecticut Wants to Ban Gambling Ads Targeting Students
Connecticut was one of the states that legalized sports betting a few years ago. This became possible thanks to the US Supreme Court that struck down PASPA back in 2018. Not much later, in September and October 2021, Connecticut launched retail and online sports betting respectively. Since the introduction of the activity, the state has […]
Casino
March 21, 2023
Maryland Wants Non-Violent Convicts to Get Jobs at Casinos
A new bill backed by Maryland lawmaker Nick Charles will seek to make it possible for released prisoners who have not committed violent crimes to find jobs at casino floors and get back to their normal lives. Maryland Wants to Offer Ex-Convicts a Fighting Chance The bill will still single out some crimes and consider […]
Casino
March 20, 2023
Caesars Palace Makes Two Lucky Players Rich
Caesars Palace, a Las Vegas casino owned by Caesars Entertainment, paid out two big wins last Friday. One of the winners struck a big prize when playing a slot, while the other cashed in on video poker. The first win saw one Caesars Palace Las Vegas Visitor win $489,649 from playing a slot called Red, […]
Legal
March 20, 2023
Another Attempt at Sports Betting Legalization in Georgia
An amendment to a bill in Georgia is bringing the topic of sports betting legalization in the state back to the table and will need no amendment to the state constitution. Unclear Chances of Success The legalization of sports betting was piggybacked on House Bill 237 by the Senate Economic Development and Tourism Committee on […]
Casino
March 20, 2023
Hofstra Opposes Nassau Coliseum Site Casino Project
Hofstra University wrote an open letter concerning the proposed construction of a Las Vegas Sands casino resort at the Nassau Coliseum site in New York. The university highlighted the educational significance of the area and said that it opposes the project because of its proximity to numerous learning institutions. Hofstra Highlighted Its Activity in the […]
