New York Online Casino Hearing Is Next on Addabbo’s Agenda
The subject of New York online casino gambling will soon get its own committee hearing, promised state Sen. Joseph P. Addabbo Jr. during today’s joint public hearing on New York sportsbooks. Addabbo, D-Ozone Park, said so after hearing New York online casino and poker gambling revenue estimates from Spectrum Gaming Capital. The Horsham, Pa.-based gaming […]
Study: Genetic Predisposition to Alcohol & Other Addictions Applies to Gambling, Too
A recent study shows that a family history of addiction to one thing – say, alcohol – can mean a higher risk for other types of addiction, like gambling. Dr. Csaba Barta is a co-author of the study and Associate Professor in the Department of Molecular Biology at Semmelweis University in Hungary. He says: It […]
Will Indiana Online Casinos Really Launch in September?
Indiana residents could be playing online casino games legally as soon as Sep 1, 2023. But is that a realistic timeline? There are a lot of unknowns to consider. Lawmakers in the Hoosier State are considering HB 1536, which would legalize “interactive gaming,” a.k.a. online casinos. Naturally, the first question on local lips is whether the […]
Projection: US Online Casino Revenue to Approach $6.5 Billion in 2023
Bonus projects that US online casinos and poker rooms will generate almost $6.5 billion in gross gaming revenue (GGR) this year. That would represent an increase of over $1 billion compared to the 2022 total. All told, the six states with legal iGaming saw $5.319 billion in GGR in 2022, which was a 38% increase from 2021. However, growth has […]
Minnesota Investigates Alleged TikTok Proxy Gambling Scheme
Two Minnesota men are suspected of using TikTok to run an illegal gambling operation. The state’s Alcohol and Gambling Enforcement Division (AGED) is investigating the possible racket. Allegedly, an Edina resident was collecting money from would-be gamblers to play at the casino on their behalf. The man – or sometimes his brother – would then live-stream […]
Legalize Esports Betting, Urges Pennsylvania Lawmaker in Memo
Esports betting should be legal in Pennsylvania, says state Rep. Ed Neilson. So he’s asking his fellow lawmakers to co-sponsor a bill to make that a reality. Neilson, D-Philadelphia, published a memo on Friday about legalizing esports betting. He sent the request to “all House members,” making his case for them to co-sponsor such a […]
University of Houston Finds Majority of Texans Support Expanded Gambling
A new survey by the University of Houston found that Texans support changes in the state’s gambling laws. The survey came from the university’s Hobby School of Public Affairs. It found that 75% of residents support a recent bill to expand gambling in the state. Only 13% say they strongly oppose the measure. Additionally, 69% […]
888 Holdings Internal Investigation Sparks Shareholder Panic, Leadership Change
888 Holdings is facing a crisis sparked by an internal investigation into suspected gray market compliance failures. The CEO, Itai Pazner, has stepped down. The company’s share values plummeted 29% in early trading on Jan 30. That morning, the company released a regulatory announcement stating it had suspended VIP accounts in the Middle East region. The internal […]
New Hampshire Online Casinos May Launch on April 1, 2024
If a New Hampshire online casinos bill is approved this year, three to five sites may be able to launch on April 1, 2024. So reads SB104, introduced on Jan. 5 and explained further by its primary sponsor on Jan. 25. New Hampshire Sen. Timothy Lang, R-Sanbornton, spoke in the Senate Ways and Means Committee […]
Fifth Circuit Grants Injunction for PredictIt to Continue Operating Past Feb 15
The plaintiffs in the PredictIt case have obtained an injunction to keep the site up and running temporarily. That’s an essential reprieve with the original Feb 15 shutdown deadline now less than three weeks away. On Jan 18, the Fifth Circuit Court of Appeals in New Orleans laid out a timeline for the case. PredictIt, […]