Arkansas Considers iGaming Legalization to Boost Revenue and Combat Illegal Operators
Karina Allan •
2025-03-21 09:33:36
Arkansas legislators have introduced bipartisan bills aimed at legalizing online casino gaming in the state, a move that would significantly expand the Natural State's gambling offerings beyond retail casinos and mobile sports be...
DraftKings Posts First Full-Year Profit Amid NFL Losses
Jeremy Olson •
2025-03-21 09:29:46
DraftKings Inc. (Nasdaq: DKNG) has achieved a significant milestone by reporting its first full-year profit since going public in 2020, despite facing substantial headwinds from unfavorable NFL betting outcomes.
The sports be...
Sportradar Acquires IMG Arena in $225 Million Deal, Expanding Global Sports Betting Rights Portfolio
Jeremy Olson •
2025-03-20 08:56:16
Sportradar Group, a leading global sports technology company, has announced a definitive agreement to acquire IMG Arena and its extensive portfolio of global sports betting rights from Endeavor Group Holdings.
The deal, value...
Event Contracts Under Fire: CFTC Questions If New Trading Products Are Just "Backdoor Gambling"
Andrew O'Malley •
2025-03-20 08:46:39
Event contracts, which allow traders to bet on specific outcomes in areas such as sports, politics, and entertainment, have surged in popularity but now face intense regulatory scrutiny in the U.S. The Commodity Futures Trading C...
India Creates Distinct Digital Gaming Category in 2025 Income Tax Bill
Karina Allan •
2025-03-19 12:14:21
In a landmark development for India's booming digital entertainment sector, the Income Tax Bill 2025 has established a separate category for online gaming, distinguishing it from traditional gambling and lotteries for taxation pu...
Alabama's Poarch Band of Creek Indians Lobbies for Sports Betting in Tribal Compact Renewals
Justin Ward •
2025-03-19 11:43:35
The Poarch Band of Creek Indians (PCI), Alabama's only federally recognized tribe, has launched an aggressive campaign to include sports betting in upcoming tribal compact negotiations.
Following strategic acquisitions, new l...
North Carolina Police Seize 106 Illegal Gambling Machines in Charlotte Arcade Raid
Andrew O'Malley •
2025-03-18 08:22:56
In a significant crackdown on illegal gambling, Charlotte-Mecklenburg Police Department (CMPD) officers seized 106 illegal gambling machines and more than $12,000 in cash during a raid on a west Charlotte arcade.
The operatio...
Atlantic City's Ocean Casino Resort Rebrands with $10M LED Signage Overhaul
Jeremy Olson •
2025-03-18 08:21:35
Ocean Casino Resort in Atlantic City is shedding its iconic "OCEAN" lettering in favor of a cutting-edge LED display system, marking one of the final steps in the property's years-long transformation.
The $10 million signage ...
UKGC Pilots "Frictionless" Financial Risk Checks for Online Gamblers
Karina Allan •
2025-03-17 10:25:18
Britain's gambling regulator is testing a new approach to protecting vulnerable players without disrupting recreational bettors.
The UK Gambling Commission (UKGC) launched a six-month pilot program in August 2024 to evaluate ...
New Zealand's Upcoming Controversial Online Gambling Licensing Scheme
Justin Ward •
2025-03-17 09:53:31
New Zealand is rolling the dice on a controversial new online gambling policy.
By 2026, the government will auction 15 online casino licenses, effectively ending the country's long-standing prohibition on domestic online casi...
