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Maryland’s Legislative Session Ends With Online Casino Effort Half-Finished—What Killed It?

April 9, 2024 | By: Alex Weldon

With the final day of the Maryland legislative session, April 8, having come and gone uneventfully, we can officially say that the online casino legalization effort is dead for this year. So, what killed it? For all practical purposes, hope was already extinguished last week when lawmakers didn’t include online casino revenue in the state’s budget. However, a […]

Pennsylvania Gambling Industry Under Threat by Unregulated Skill Games & Declining Population

The Allegheny Institute for Public Policy (AIPP) is sounding the alarm that the proliferation of unregulated skill games may threaten Pennsylvania’s lucrative gambling industry and a declining population will impede growth. Although its policy brief says the industry is currently “coming up aces,” these two trends, in combination, paint a more worrisome picture for the […]

Virginia Gov. Youngkin Blocks Skill Games Bill at Last Moment, Returns to Legislature With Amendments

The fate of skill games in Virginia remains undecided, as Gov. Glenn Youngkin vetoed the bill at the last possible moment, returning it to the legislature with recommendations for amendment late last night. The nature of the amendments isn’t yet known, though they will be published on the legislature’s website shortly. One possibility is that Gov. Youngkin may […]

K&F Growth Capital Slams Bally’s Board, Interactive Strategy & Standard General Takeover Offer

April 4, 2024 | By: Chav Vasilev

K&F Growth Capital (K&F), which holds a stake in Bally’s Corporation, has sent an open letter to the company’s Board of Directors recommending that they reject the takeover offer from Standard General, another minority shareholder partially controlled by Bally’s Chairman Soo Kim. In its letter, the asset management firm claims that Bally’s is currently undervalued […]

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