Stadium Casino to Take State College Mini-Casino Licensing Dispute to Supreme Court
The Cordish Companies will look to the Pennsylvania Supreme Court to overturn the Pennsylvania Gaming Control Board’s (PGCB) decision to license businessman Ira Lubert for a mini-casino in the State College municipality. Cordish argues that Lubert’s bid is invalid because of the involvement of Bally’s, which wouldn’t have been able to place a bid of […]
Hundreds of Questions Arrive About 3 Downstate New York Casino Licenses
With “several hundred” questions to answer about three Downstate New York casino licenses, Robert Williams, executive director of the New York State Gaming Commission (NYSGC), said on Feb. 27 that it’ll take another three weeks to answer them. On Jan. 3, the New York State Gaming Facility Location Board (NYSGFLB) opened up the Request for […]
Bally’s Obtains Temporary Location Approval, Ejects Chicago Tribune From Future Casino Site
Bally’s Corporation has instructed the Chicago Tribune newsroom and printing plant to relocate within two years to make room for its upcoming Freedom Center casino. The move comes amid a dispute between the companies over a lease extension on the property. Meanwhile, Bally’s has received final approval for its temporary location while construction is underway […]
Claims Process Underway for $415 Million DoubleDown Interactive Settlement
DoubleDown Interactive and International Game Technology Plc (IGT) agreed to a settlement of $415 million in a class action lawsuit in Washington. The lawsuit was related to the sale of virtual chips in several social casino-style games, including DoubleDown Casino and related brands. Players who bought virtual chips from one of the sites in question may be […]
Kentucky Online Poker Out of Sports-Only Bill
Kentucky online poker isn’t included in HB551, a bill to legalize online sports betting in Kentucky that was introduced on Feb. 22 by state Reps. Al Gentry and Michael Meredith. While Feb. 22 was the last day House lawmakers could propose legislation, this streamlined bill may have a better chance of passage than other pending […]
New Hampshire Online Casino Legalization Nears a Final Senate Vote
Senators approved SB104, legalizing New Hampshire online casinos, in the first of two required votes before it can move to the House. On Feb. 22, during the bill’s second reading, lawmakers spent 20 minutes debating its merits. All but two of the New Hampshire State Senate members opposed the proposed legislation in their oratory. However, the […]
Analysts Rate DraftKings Stock a ‘Buy’ After Company Raises 2023 Outlook
DraftKings stock has risen 36% over the past month, prompting many financial advisors to move it into the “Buy” category. Much of that increase came on Feb. 17, following an earnings call in which CEO Jason Robins promised investors that the company would achieve profitability in 2024. The gains follow a long period in which analysts […]
Shoalwater Bay Tribe Prevails in Federal Court Against Maverick Gaming Challenge
On Feb. 21, federal Chief Judge David Estudillo dismissed Maverick Gaming’s challenge to Washington State’s sports betting law. It’s a significant win for tribal gaming in the US, as the suit had the potential to upend the Indian Gaming Regulatory Act (IGRA) of 1988. Maverick had named multiple state officials as defendants in the case. However, the […]
US Online Casinos Make $510 Million in January 2023 Despite Slowdown
Across six legal states, US online casinos produced over a half-billion in gross gaming revenue in January. However, they came up 4.8% short of the Bonus forecast for the month. That may suggest the industry’s growth is slowing down even more than expected. Full-year revenue rose 38% in 2022. Bonus projected that we’d see this slow to 21% in 2023. However, year-over-year growth in the monthly total for […]
Indiana Online Casino Bill Likely Dead in 2023
An Indiana online casino appears to have died of neglect. HB1536 hasn’t had a hearing, and Feb. 21 was the deadline for that to happen. So it appears the third time wasn’t the charm for the Indiana General Assembly to legalize Indiana online casino and poker gambling. Indiana online sportsbooks launched in 2019. The iGaming […]
