Madison Square Garden CEO Fires MSG Sphere Executives as Setbacks Continue
James Dolan, CEO of Madison Square Garden Entertainment (MSGE), has removed two executives overseeing the construction of the MSG Sphere, a high-tech music venue on the Las Vegas Strip. Dolan planned to open MSG Sphere in 2021, but complications have pushed the opening back by two years and caused costs to skyrocket. The New York […]
Addabbo: New York Online Casino Tax Revenue Can Benefit MTA
State Sen. Joseph P. Addabbo Jr. spoke to Bonus on Feb. 16 about S4856, the iGaming bill he introduced on Feb. 15. He said the measure that analysts believe would generate $1 billion a year in New York online casino tax revenue through its 30.5% tax rate can still be amended in order to pass […]
Bally’s Wants to Build a Downstate New York Casino Next to Trump’s Bronx Golf Course
Gaming operator Bally’s Corporation has started discussions with The Trump Organization (TTO) to sub-lease 17 acres of Trump Golf Links at Ferry Point in the Bronx for a possible Downstate New York casino. However, that doesn’t mean former President Donald J. Trump will be back in the casino business. He’ll only be a landlord, as […]
Pennsylvania Court Rules That Pace-O-Matic’s Pennsylvania Skill Games Are Legal
Pace-O-Matic (POM), the developer of skill game machines found throughout Pennsylvania, has won another legal battle. In 2021, the District Attorney’s Office in Monroe County, north of Philadelphia, seized 13 of the company’s machines from a Fill and Fly gas station and Joe’s Tobacco shop. The DA claimed the games were illegal games of chance. […]
Bally’s Laying Off 15% of Bally’s Interactive North America Workers
Bally’s Corporation announced its plan to reduce its North American digital division workforce by 15%. Bally’s Interactive North America covers iGaming and sports betting in the US and Canada. The SEC filing shows that Bally’s Corporation plans to lay off up to 15% of division employees, with the exact number still unknown. Still, according to […]
Bally’s Proposes Rhode Island Online Casinos With Support From Senate President Ruggerio
Bally’s executive president Craig Eaton raised the possibility of Rhode Island online casinos at a Chamber of Commerce legislative luncheon sponsored by the company. After the event, Senate President Dominick J. Ruggerio told the Boston Globe that he supports the plan and claimed credit for having proposed it to Bally’s in the first place. To sell legislators on its […]
Addabbo’s New York Online Casino Bill Debuts
The New York online casino bill S4856, introduced by outspoken legal gambling expansion advocate state Sen. Joseph P. Addabbo Jr., debuted in his committee on Feb. 15. It calls for a 30.5% tax rate on iGaming, which is much lower than the 51% rate on the existing mobile sportsbook marketplace. DraftKings and FanDuel leaders recently […]
Promo for U2’s MSG Sphere Residency Draws Weird Parallels With Chinese Balloon Crisis
The trailer for U2’s upcoming residency at the MSG Sphere features a mysterious floating orb, unintentionally appearing to reference the ongoing tensions between the US and China over presumed spy balloons. It has been an open secret for months that the Irish rock band would inaugurate the new entertainment venue. An extended version of the trailer aired during […]
Second Illinois Online Casino Bill Appears in House, With Lower Tax Rate
Illinois lawmakers now have two separate versions of the Internet Gaming Act (IGA) to consider. Rep. Jonathan Carroll introduced HB 2320 on Feb. 14, 2023. Like HB 2239, filed one week before, it would make online casinos legal in the state. However, the two bills differ in the specifics of the implementation. The former bill’s sponsor is Rep. Edgar […]
Flutter to Seek Secondary Listing on NYSE or Nasdaq
Flutter announced today that it hopes to list its shares on a US stock exchange. The Dublin-based company is among the world’s largest online gambling conglomerates and owns the leading US sportsbook brand, FanDuel. Its shares currently trade on the London Stock Exchange. However, a dual listing would add liquidity and make investing in the company more accessible for […]
