Latest articles
PlayStar Casino Gains Access To NJ Online Gambling
One of the largest online gambling states in the United States added another competitor to the industry on Tuesday. PlayStar Casino gained access to New Jersey via a partnership with Oceans Casino Resort, sparking interest across the industry. For those not familiar, PlayStar Casino is an Asia-based real-money gambling developer. PlayStar is not currently available […]
Why Sheldon Adelson’s Casinos Won’t Have Online Gambling Anytime Soon
Sheldon Adelson’s casino company, Las Vegas Sands Corp., had its quarterly earnings call on January 27. One day earlier, Robert Goldstein became the new Chairman and CEO. The earnings call went through balance sheet items and tentative expansion plans. But ears perked up when he mentioned online gambling. Las Vegas Sands is looking at opportunities […]
New Legislation Could Bring A Casino And Lottery To Hawaii
The US is currently home to two markets that serve as gambling deserts. No, not the Las Vegas “gambling is allowed here” desert, but the type that completely prohibits gambling in any format. Hawaii and Utah are the country’s two biggest holdouts when it comes to gambling, whether it’s online or at a casino. A […]
Texas Sports Betting Bills Could Change The State Constitution
On January 14, 2021, Representative Harold V. Dutton Jr. authored and filed two bills. One–HB 1121–would legalize sports betting and create the regulatory body that would oversee it. The other–HJR 68–is essentially a refiling of HJR 61. HJR 61 was a constitutional amendment that died in Committee in late February 2019. The latest attempt at […]
Caesars Entertainment Buys Minority Stake In SuperDraft Daily Fantasy
Caesars Entertainment announced an expansion into daily fantasy sports, as the company purchased a minority share of SuperDraft, Inc. A Monday press release lauded the move as a “strategic investment” for Caesars, which owns an option to purchase 100% equity in the SuperDraft DFS platform in the future. Under the terms of the partnership, Caesars […]
Bally’s Corporation To Acquire DFS Operator Monkey Knife Fight
Bally’s Corporation, a US land-based and interactive gaming provider, announced today that it will acquire Monkey Knife Fight. Monkey Knife Fight is a fast-growing Daily Fantasy Sports operator. Bally’s will acquire Monkey Knife Fight in an all-stock transaction. Once the acquisition goes through, Bally’s will be the third sports betting company in the US to […]
How Sheldon Adelson’s Death Could Affect Online Gaming Laws
Sheldon Adelson was one of the largest Republican donors in the last decade. His large donations began in 2012 after the Citizens United ruling in 2010. Republican 2016 candidates tried to win him over during their 2016 presidential runs, but Trump won the money. Adelson was not only the largest Republican donor in the 2012 […]
Big Gains In December For US Online Casinos
A year of unprecedented challenges for the retail casino industry yielded a year of incredible growth for legal online casinos. December’s monthly revenue reports saw New Jersey, Pennsylvania, and West Virginia all post their best revenue-earning months of 2020. Combined online casino and poker revenue nearly hit the $100 million mark for New Jersey in […]
Stoolies Struggle Is Barstool Sportsbook’s Path To Dominance
Barstool Sportsbook holds a major feather in their cap for the month of December, but they may not want you to know it. Penn National Gaming (36% stakeholder of Barstool Sports) put forward a fantastic $13 million in total sportsbook revenue for the month of December in Pennsylvania. This is more than DraftKings and FanDuel […]
Big Win For Online Poker: DOJ 2018 Wire Act Opinion Ruled Invalid
Advocates for legal interstate online poker in the US received a bit of good news Wednesday. The New Hampshire Lottery Commission scored a victory in court against the US Department of Justice’s 2018 opinion on the Federal Wire Act. The First Circuit Court of Appeals ruled in favor of the New Hampshire Lottery Commission, which […]