Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting. The Ohio Casino Control Commission (OCCC) determined that these companies’ event contracts constitute sports wagering, which requires proper licensure under state law. The recent action follows similar enforcement measures taken by Nevada...
Lawmakers in North Carolina have introduced a new measure aimed at addressing financial challenges faced by high school athletic coaches. Senate Bill 657, also known as the “Keeping Our Coaches Act,” proposes allocating $11 million annually from the state’s sports betting tax revenue to supplement salaries for public school coaches, WCNC Charlotte announced. The bipartisan-backed bill is designed to retain...
Thailand’s proposed Entertainment Complex Bill, which includes provisions for casino resorts, is poised for parliamentary debate as early as April 9, 2025, according to government officials. The bill, which has sparked mixed reactions from various sectors, seeks to enhance the nation’s tourist attractions by integrating world-class entertainment facilities. Bill’s progress and implications: The chief government whip, Wisut Chainarun, indicated that the bill, approved...
In a significant stride towards developing its entertainment and sports infrastructure, the Hawaii State Senate subcommittee has advanced two pivotal resolutions concerning the future of the new Aloha Stadium Entertainment District. This move could potentially pave the way for introducing regulated gaming in the state, a proposal gaining traction among locals. Progress on the Aloha Stadium project: The first resolution calls for the Stadium...
In a significant development for the North American gaming market, White Hat Gaming has announced a multi-year partnership with Potawatomi Casino Hotel, one of the Midwest’s leading casino operators. This collaboration marks a strategic expansion of White Hat Gaming’s footprint, as it will provide its acclaimed Player Account Management (PAM) platform to facilitate mobile sports betting and Class II slot wagering at Potawatomi’s properties in...
In recent developments that highlight the intricate dynamics of the gaming industry in Chicago, Bally’s Corporation is encountering significant financial hurdles as it progresses with its ambitious $1.7 billion casino project at 777 W. Chicago Ave., scheduled to open in September 2026. A series of credit downgrades by major rating agencies, including Fitch Ratings, has intensified the scrutiny of the project’s viability against a backdrop...
In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. The company detailed a loss of HK$784.6 million ($100.9 million), marking a notable 55% decrease from the previous year. Enhanced operational performance: This financial improvement was supported by a robust 22.5% increase in net revenues, which soared to HK$36.17 billion ($4.65...
Employees at Caesars Windsor have strongly signaled their readiness to strike if a new contract agreement is not reached. Members of Unifor Local 444, which represents approximately 1,500 workers at the casino, voted overwhelmingly in favor of strike action, with 98% support. The current collective agreement is set to expire at midnight on April 3, and unless a deal is...
Pragmatic Play, a premier content provider in the iGaming sector, has recently introduced its new slot game, Book of Monsters. This innovative cluster-pays slot captivates players with symbols that can expand up to a massive 7×7 grid on any spin during the base game. Dynamic gameplay and symbol collection: The gameplay is enriched by the chance to trigger 4 to 7 scatter symbols, initiating...
Since its inauguration on April 3, 2024, the Terre Haute Casino Resort has markedly influenced the local economy and job market, becoming a cornerstone of community and economic development in Vigo County, Indiana. A year into its operations, the casino has not only exceeded revenue expectations but also played a pivotal role in community funding and job creation. Economic contributions and growth: In February alone,...