How HookMotion Uses Computer Vision to Offer Digital Advantages to Physical Casinos
Human error being what it is, retail casinos are always at risk of leaving money on the table, literally and figuratively. According to some estimates, preventable losses for the industry could be as high as $12 billion annually. Table games are particularly problematic due to the need for human dealers and pit bosses. Casino workers […]
New York Online Sports Betting Target of Bill About ‘Predatory Sportsbook Bonuses’
New York online sports betting is in the crosshairs of a state Senate bill proposed today. S9605 directs the New York State Gaming Commission (NYSGC) “to promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting.” New York’s online sportsbooks launched on Jan. 8. Today’s 1-page proposal to amend the “racing, pari-mutuel wagering and […]
MGM Buying Entain? Rumors Swirl Again
MGM buying Entain is a dream the former gave up in January 2021. Or did it? Is MGM Resorts International again considering buying its tech partner in its joint venture – gambling site BetMGM? Rumors to that effect are swirling yet again. Even though Entain rebuffed MGM’s $11 billion offer and a subsequent $22 billion […]
Women and FanDuel Casino May Be a Better Couple Than ‘Break Up Win’
Women and FanDuel Casino are the ideal couple, thinks FanDuel Group. Hence today, FanDuel “ramps up” its marketing campaign targeting women. To that end, the online gambling operator posted two commercials yesterday on YouTube. They feature women. Yet the ads still don’t include their voices. The “Winning is Undefeated” portion of the FanDuel Casino marketing […]
Ontario’s Online Gambling Market Faces Its First Legal Challenge
We always knew this was coming: Ontario’s online gambling privatization plan will face a legal challenge. The only question was where it would come from. In April, Canada’s largest and most populous province attempted something no other Canadian jurisdiction had tried. Under Canadian federal law, all gambling must be conducted and managed by provincial governments. […]
Simultaneous Crises in Gambling and Crypto Highlight the Importance of Regulation
Every so often, we get a reminder of the extent to which financial systems rest on confidence and faith. In the digital era, money is more abstract than ever. Events of the past week have perhaps rattled that faith for some and highlighted the importance of regulation in preserving it. Several US operators, including BetMGM […]
Change of Plans Creates Regulatory Confusion for Encore Boston Harbor
Questions are swirling around Wynn Resorts’ proposed expansion to its Encore Boston Harbor property in Everett, Massachusetts. Can a massive shopping and entertainment development claim total independence from a casino to which it’s physically tethered? Conversely, just how connected to a casino must one be in order to be permitted to offer gaming activities? Does […]
Construction Underway on Four Virginia Casinos, Petersburg to Vote on a Fifth
Virginia has seen gambling activity nearly triple over the past three years. Now, the Commonwealth is ready for more as it prepares to open its second retail casino. Rivers Casino Portsmouth announced Monday that their $340 million gaming and entertainment venue would open its doors to the public on Jan 15. The casino is part […]
Plaintiffs Look to Fast-Track PredictIt Suit as CFTC Seeks Dismissal
Things have heated up quickly since the Commodity Futures Trading Commission (CFTC) filed a motion to dismiss the lawsuit seeking to avert PredictIt‘s shutdown. The plaintiffs countered with a motion seeking to expedite the hearing. They’re hoping to obtain a preliminary injunction before Christmas. Without judicial intervention, the site will need to shut down by […]
Maryland Online Sports Betting Starts Today, Will Online Casinos Come Next?
As of 9 a.m. this morning (Nov 23), Maryland sports bettors no longer need to visit a retail sportsbook to get some skin in the game. Online wagering is now live in the Old Line State, with seven brands to choose from on launch day. Retail sports betting in Maryland has been available since December 2021. However, […]
