The long journey to expand casino gambling in New York City is finally approaching its climax. After more than a decade since New York voters authorized casinos in the downstate region, the New York Gaming Facility Location Board is set to recommend licenses for the last three projects. This…
Tag: News
The fate of New York City’s protracted casino contest edges closer to a resolution as state regulators prepare to vote on Monday, potentially marking the end of a decade-long saga filled with neighborhood disputes, shifting political landscapes, and a parade of bidders. Over the years, this contest has attracted…
Kalshi is facing mounting pressure to halt its sports event contracts in regions that have their own sports betting laws. Despite this, the prediction market platform maintains that it isn’t required to comply, as its offerings are regulated by the CFTC, rather than localized sports betting authorities. Kalshi has…
In a recent twist in the ongoing feud between PENN Entertainment and activist investor HG Vora, an independent review has come to light, favoring the casino operator’s approach toward restructuring its board. Following an in-depth investigation by a special litigation committee, findings were presented to the US District Court…
Luck was in the air this week at Resorts World Las Vegas, where a fortunate guest hit a mind-blowing jackpot of over $11 million. The guest, who had only come to visit some family, struck it rich early in the morning after just fifteen minutes of play. Unbeknownst to…
Pennsylvania’s ongoing clash over the legality of “skill games” approached a pivotal moment recently, as the state Supreme Court heard critical arguments destined to define the fate of myriad machines scattered across bars, convenience stores, and social clubs. Central to the debate is whether these devices genuinely function as…