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Simultaneous Efforts to Regulate Esports Gambling in Nevada and New Jersey
Last month, eight members of Nevada’s eSports Technical Advisory Committee unanimously approved its draft regulations for eSports wagering. The recommended regulations will now go before the Nevada Gaming Control Board (NGCB) and the Nevada Gaming Commission (NGC) for their approval. If both regulatory bodies likewise vote in favor of the proposal, it would amend the […]
Illinois Reopens Bidding for Online-Only Sports Betting Licenses, But Who Wants One?
Anyone who wants to offer online sports betting in Illinois without a land-based presence can once again apply for a license. All it will cost is $20 million up front. However, the reason that’s possible is that the state got no takers the first time around. At least, none who saw the process through. The state’s Sports Wagering […]
The Failed California Sports Betting Effort Cost More Than Just Dollars
“You’ve gotta spend money to make money.” Or so the saying goes. That’s certainly been the mantra of the groups angling to bring legalized sports betting to California. However, it’s now looking like all the money they’ve spent will be for naught. And that has to leave a bad taste in some mouths, given the […]
AOC Supposedly Among Voices of Support for Prediction Markets as CFTC Mulls Kalshi’s Request
The Commodities and Futures Trading Commission (CFTC) has an important decision ahead of it. Kalshi, an online predictions market, has requested the right to offer contracts on the outcome of the upcoming midterms. It will receive its answer tomorrow, October 28. Complicating matters for the CFTC is that it has just asked PredictIt, which has been offering a […]
Q&A with Christopher Justice: How Cashless Casinos Can Save a Player’s Life & Livelihood
These days, we take cashless retail businesses for granted. We all expect to walk into a grocery store or clothing retailer and pay with our phone or a card. But the cashless casino is an area that’s just now starting to grow. And far more so than at a grocery or clothing store, the ability […]
Is a Tribal Gaming Compact North Dakota’s Path to Gambling Expansion?
North Dakota is negotiating terms for a compact with five tribes in the state. The tribes seek exclusive rights to offer internet gambling and sports betting in the state. Such a deal would be worth many millions of dollars for all parties. However, the current negotiations follow a string of failed legislative attempts that led […]
Virginia Study Recommends Lottery as State’s Sole Gaming Regulator
Several new forms of gambling have appeared in the Commonwealth of Virginia over the past five years. Construction is underway for the state’s first retail casinos. It also newly allows sports wagering, charitable poker, horse racing, and skill games. The question, amid such rapid expansion, is how best to regulate the new products. Many states […]
Republicans Gain Ground as Midterms Near, Boosted by Economic Concerns
A recently released Yahoo News/YouGov poll shows Republicans gaining support in the last weeks before the midterm elections. This narrows the Democrats’ long-standing lead to just 2 percentage points, which is the smallest difference to date. When poll respondents were asked which candidate they would vote for in their congressional district if the elections were […]
If Gambling Treatment Courts Return to NY, It Won’t Be as Part of an Online Casino Bill
There’s a lot of support in the US for the idea of gambling treatment diversion courts (GTDCs). Unfortunately, there’s less consensus on how to go about implementing them. One possibility that’s sometimes floated is to put the creation of specialty gambling courts into gambling expansion bills. That’s something that New York lawmakers might take note […]
Bally’s Chicago Traffic Impact Study Raises Major Questions
Casino opponents have criticized a study assessing the traffic impact of a temporary Bally’s Corporation casino in the neighborhood around its proposed location. Construction of Bally’s new downtown casino in River West won’t be complete until 2026. In the meantime, the Company wants to open a temporary location at Medinah Temple in Chicago’s River North neighborhood. […]