No ‘FanDuel IPO,’ But Parent Company Flutter Moves to NYSE
Online gambling industry investors watched at 9:30 a.m. on Monday, Jan. 29, as FanDuel’s parent company joined the New York Stock Exchange (NYSE). Dublin-based Flutter Entertainment now trades on the NYSE under the stock symbol FLUT. That means the parent company of the No. 1 US online sportsbook and the No. 2 US online casino […]
FanDuel and Operation Hope Offer Free Financial Literacy Counseling for MA Residents
FanDuel Group and Operation Hope have teamed up to promote financial literacy and offer Massachusetts residents free financial counseling. Teaming up with the non-profit organization is part of FanDuel’s efforts to demonstrate its commitment to responsible gaming (RG). Through the partnership, Massachusetts residents can access Financial Wellbeing Coaches from the financial literacy organization’s Hope Inside […]
Hawaii Gambling Bill—Senator Proposes Single-Operator Online Poker & Sports Betting for Wildfire Relief
Hawaii could legalize online gambling in a limited way in 2024 despite not being high on anyone’s list of states likely to do so. Sen. Ronald D. Kouchi has introduced a bill to create a single-operator market for online poker and sports betting. As it stands, Hawaii has no legal gambling whatsoever. It is almost unique in that regard, with Utah […]
Maryland Considers Expanding Legal Gambling Via Adding Internet Gaming
This time next year, Marylanders may be awaiting the launch of legal apps to play online casino and poker games. Because on Jan. 26, SB603 entered pending legislation in the Senate. The bill about expanding legal gambling must first be approved by both chambers of the Maryland General Assembly and then OKed by voters in November […]
Nevada Gaming Control Board Site May Have Been Hacked
The Nevada Gaming Control Board (NGCB) site appears to have been the victim of a cyberattack. On Jan. 25, the possible NGCB hack was even listed in its Google results. Below the Gaming Control Board — State of Nevada site listing, Google warned searchers on Jan. 25: This site may be hacked. Although the result […]
‘Referendum’ Portion of Maryland Online Casino Bill Is Published on Jan. 25
The proposed legislation that may bring an iGaming legalization ballot measure to voters in November became public record on Jan. 25. That’s when SB565 appeared on the Maryland General Assembly‘s list of pending Senate legislation. A complementary Maryland online casino bill is expected to arrive next. In November, Maryland voters may see this question from […]
Poll on Parents’ Awareness of Teen Online Betting Shows the Need for Education, Regulation
A poll about US teens’ access to online gambling reveals a need to educate parents about existing regulations and the potential threat of underage gambling. The C.S. Mott Children’s Hospital at the University of Michigan asked parents of children aged 14 to 18 a series of questions about their kids’ habits and their knowledge of online […]
Danish Study Finds Higher Bonuses, Game Choice, Better Payouts Fuel Unlicensed Online Gambling
According to new research, Danish gamblers who intentionally play on unlicensed sites seek higher bonuses, bigger payouts, and more games. The findings highlight the importance of gambling regulations that foster a competitive industry. “Channelization”—or ensuring players choose regulated sites over unregulated ones—is a hot topic in European markets, but one that US regulators haven’t yet […]
Scott Sibella Guilty Plea—Former Casino Exec Admits Failing to Report Suspicious Activity
The federal investigation into former Resorts World Las Vegas (RWLV) and MGM Grand executive Scott Sibella ended in a quick guilty plea on Wednesday. Sibella admitted to having failed to file suspicious activity reports under the Bank Secrecy Act (BSA) toward the end of his eight-year tenure as president of the MGM Grand. He has yet […]
Iowa May Be Out of 2024 Running to Legalize Online Casino Gambling
Iowa may not legalize online casino gambling this year, state Rep. Bobby Kaufmann told Bonus on Jan. 24. However, HSB227 remains active. Kaufmann, R-Wilton, informed Bonus: I am a supporter but I do not think the votes are there this year. The industry is continuing to educate people. On March 8, 2023, Kaufmann introduced HSB227. On […]
