8174 stories by Devin O'Connor
BETS OFF Act Latest Federal Bill Targeting Prediction Markets, Trades Involving War and Terrorism
The BETS OFF Act joins the DEATH Bets Act in seeking to limit prediction markets The federal bills would exclude certain event contracts from CFTC-regulated exchanges Congress has yet another piece of legislation to consider that involves determining what sort of trading...
Minnesota Lawmakers Propose Sweepstakes Casino and Prediction Markets Ban
Legislation in Minnesota would prohibit online sweepstakes casinos A second bill would limit what federally regulated prediction markets can trade in Minnesota Minnesota does not permit commercial casino gambling, sports betting, or iGaming, but options to make a wager on the internet...
February Blizzard Cools Atlantic City Casinos, But iGaming Stays Hot
A February storm led to flat Atlantic City casino revenue Online casinos likely benefited from the snow Atlantic City is approaching its busy season A February blizzard that ravaged much of the Northeast hampered Atlantic City casino revenue. The New Jersey Division...
Macau Casinos Deliver $11B Tax Windfall as Gaming Boom Beats Forecasts
Macau casino revenue led to $11.8 billion in gaming taxes for the government About 83 cents of every tax dollar received by the Macau SAR Government came from gaming Macau is the world's biggest gaming market in terms of annual revenue Macau's...
Fairfax County in Northern Virginia Asks Governor Spanberger to Veto Tysons Casino Bill
Fairfax County is asking Virginia Gov. Spanberger to veto a casino bill The legislation would qualify a specific property in Tysons for a casino Fairfax never asked state lawmakers in Richmond for a casino designation The Fairfax County Board of Supervisors never...
Hard Rock Casino Northern Indiana Donates $500,000 to Gary Animal Shelter
Hard Rock Casino Northern Indiana is helping build a new animal shelter The Hard Rock casino contributed $500,000 to the Gary Animal Care project Hard Rock Casino Northern Indiana has contributed half a million dollars towards the construction of the new Gary...
Pennsylvania Police Allege Female Employee at Hollywood Casino Penn National Stole Over $700,000
Pennsylvania police allege a worker at Hollywood Penn National stole $727K from the racebook A bookkeeper is alleged to have directed the money to personal accounts she controlled A Tesla was among her fraudulent purchases, police claim Pennsylvania State Police allege in...
Virginia Skill Games Bill Passed by General Assembly Has No Minimum Payout Requirement
Virginia skill games could soon return after the General Assembly compromised on a bill The skill games would not require a minimum payout rate There are many critics of allowing gaming machines on every street corner in the commonwealth The Virginia General...
Fairfax Casino Bill Forwarded to Gov. Spanberger, Voter Control Restored
Lawmakers have authorised a sixth Casino in Virginia The final decision will stand with voters in Fairfax County If approved, the casino can only operate on a 30-acre site Virginia lawmakers have authorized a sixth casino in the commonwealth, but voters in...
Virginia Senate Approves ‘Temporary’ Fairfax County Casino Nearly the Size of MGM National Harbor Without Voter Referendum
The Virginia Senate has approved a Fairfax County casino compromise The compromise authorizes a temporary casino without a local referendum If a permanent Fairfax casino is rejected through a referendum, the temporary casino would shutter On Friday, the Virginia Senate approved legislation...
