6743 stories by Devin O'Connor
Ukraine Seizes Almost $19M From iGaming Firm Accused of Tax Evasion
Ukraine is prosecuting one of its largest online casino operators on allegations that the company orchestrated a comprehensive scheme to reduce its tax bill. In a statement from Ukraine's Economic Security Bureau, the government alleges that Cosmolot, an online platform that runs...
Sportsbook Leaders Commission Poll on Nebraska Online Sports Bets
Several leading sportsbook operators are behind a public opinion poll asking Nebraskans about online sports betting. The Lincoln Journal Star this week reported that FanDuel, DraftKings, BetMGM, and Caesars Sportsbook -- all typically rivals -- have teamed up in Nebraska to get...
Petersburg Casino Referendum Bill Clears Virginia Senate
The odds of Petersburg, Va., asking residents about a casino in November improved this week. That's after legislation to designate the town as a casino host sailed through the state Senate. After fielding unanimous support from the Senate Finance and Appropriations Committee...
Alabama Governor Urges Lawmakers to Legalize Casinos, State Lottery
Alabama Gov. Kay Ivey (R) used her State of the State Address on Tuesday night to urge lawmakers in Montgomery to send a bill to her desk authorizing a state lottery, commercial casinos, or ideally, both. For Alabama to expand gaming, voters...
Maryland Casinos Continue Slide, Gross Revenue Down 8% in January
Maryland casinos continued to experience reduced play on their gaming floors in January. The Maryland Lottery and Gaming Control Commission revealed January casino numbers this week. The latest monthly report showed a year-over-year decline in gross gaming revenue (GGR). The state's six...
Florida Everglades Casino Ready to Open Along Alligator Alley
An Everglades casino with bingo-based "slot" machines will soon open along Alligator Alley, aka Interstate 75. Later this month, travelers driving from Miami to Naples can refill, grab a coffee, and play an electronic bingo-based machine at the Little Trail Casino. Opening...
Online Sports Betting Study Raises Problem Gambling, Financial Concerns
A new online sports betting study presents several alarms for the gaming industry, as many Americans believe such gambling is a bad bet for society. The Siena College Research Institute and St. Bonaventure University's Jandoli School of Communication this week released their...
Pennsylvania Governor Ready to Reap Tax Rewards of Legal Skill Games
Pennsylvania Gov. Josh Shapiro (D) wants to legalize and heavily tax skill gaming machines to partially help fund his proposed $48.3 billion budget for the 2024-25 fiscal year. Shapiro's spending plan represents a 7% year-over-year increase. With tax revenue forecast to grow...
Meta Warns Investors About Zuck’s Love of Combat Sports
Meta, fresh off its announcement that it will begin paying shareholders dividends ahead of its 20th anniversary -- news that raised the company's market cap by more than $140 billion -- is cautioning investors about its founder and CEO's personal lifestyle. In...
US Sportsbook Brand Leaders Scale Back Advertising Spend in 2023
FanDuel, DraftKings, and BetMGM, the three leading sportsbooks in the U.S., scaled back their advertising spending in 2023. That's as the emerging gaming market consolidates and the race to attract bettors calms. According to MediaRadar, an advertising research firm, the three sportsbook...
