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Iowa May Soon Have 20th Commercial Casino But Not Legal iGaming

May 6, 2024 | By: Heather Fletcher

Iowa has long been on iGaming advocates’ shortlist for the next state expected to legalize online casinos. However, it looks as though Iowa’s next legal gambling expansion step may be adding a 20th commercial casino to serve the state’s 3.2 million residents. That’s because, on July 1, Iowa’s two-year moratorium on new casino construction will […]

Emails Show Iowa College Gambling Sting Doubled as Law Enforcement Power Play

May 3, 2024 | By: Robyn McNeil

An investigator involved in a 2023 Iowa gambling sting that netted over two dozen college athletes suggested in an email to colleagues the bust would impress the “powers that be.” Further, special agent Christopher Adkins speculated the investigation might nudge state lawmakers to update gambling legislation to strengthen law enforcement’s powers. According to The Associated […]

Controversial Selection of Cordish for Petersburg Casino is Bad News for Virginia’s iGaming Potential

May 2, 2024 | By: Chav Vasilev

Petersburg’s pick of Cordish Companies to build Virginia’s fifth retail casino has raised concerns among lawmakers and stakeholders. After the city selected the $1.4 billion project over four others, questions arose regarding the integrity of the selection process and the speed with which the decision was made. Cordish gaining market access to Virginia may also […]

Seasonal Effects Push BetMGM Into Loss Territory After Two Quarters of Profitability

May 2, 2024 | By: Alex Weldon

MGM Resorts International’s financial report for Q1 2024 makes less mention of BetMGM than usual, perhaps because it marks the first time the joint venture has slipped back into the red after two profitable quarters to finish 2023. Although it’s unsurprising that the company would want to direct investors’ attention elsewhere, the loss isn’t particularly alarming. […]

Nevada Gaming Control Board Files Complaint Against Scott Sibella After Commission Joins Federal Probe

The Nevada Gaming Control Board (NGCB) is displeased with Scott Sibella following his guilty plea to federal charges and has asked the Nevada Gaming Commission (NGC) to impose fines and licensing action. That may impede Sibella’s plans to return to work in the industry, which he announced in January after admitting to violating the Bank Secrecy Act (BSA).  Sibella’s […]

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