Funzpoints Kentucky Settlement: Woopla Social Casino Site Players in State Eligible for Share of $835,000 Payout
A Funzpoints Kentucky settlement means players on the social casino site may be eligible for part of an $835,000 fund established to settle claims, provided they file before Jan. 29, 2024. Woopla, Funzpoints’ parent company, agreed to the settlement but has denied that it violated “any law.” Social games aren’t regulated real-money gambling sites. However, […]
Flutter US Stock Listing: NYSE Ticker Coming in Early 2024
Flutter Entertainment confirmed to investors in its Q3 2023 trading update that a US stock listing is definitively coming for the company and that they can now expect that to happen in the first quarter of 2024. It also made clear that the listing will be on the New York Stock Exchange (NYSE). Other online gaming stocks […]
Kalshi Sues CFTC Over Right to Offer Political Predictions Market
Predictions market provider Kalshi filed a federal lawsuit in DC District Court against the Commodity Futures Trading Commission (CFTC), arguing that the Commission lacks the power to prevent it from offering congressional control contracts for trade. The filing comes six weeks after a CFTC ruling barred Kalshi from offering event contracts for the 2024 election. […]
Downstate New York Retail Casino Licenses: Sen. Joseph P. Addabbo Jr. Believes Process Can Speed Up
Nearly a year after the selection process for three downstate New York retail casino licenses began, the New York State Gaming Commission (NYSGC) still hasn’t formally requested would-be licensees to submit applications. On Nov. 8, state Sen. Joseph P. Addabbo Jr. told Bonus he believes the commission’s appointed siting board will be able to “acknowledge […]
New York Online Casino Bill: Sen. Joseph P. Addabbo Jr. Updates Bonus
New York State Sen. Joseph P. Addabbo Jr. told Bonus on Nov. 8 that he and Assemblyman J. Gary Pretlow will introduce a revised online casino bill before the end of 2023. That proposed legislation must be enacted by the New York State Legislature and signed by Gov. Kathleen C. Hochul before it can become […]
Florida Online Sports Betting: Hard Rock App Resumes Operations, West Flagler Tries to Shut It Down
Existing Hard Rock Bet customers in Florida have suddenly found themselves able to place online bets again after a blackout of nearly two years, but the window of opportunity may be small. West Flagler Associates, the principal legal opponent of Florida online sports betting, has petitioned the Florida Supreme Court to use its “All Writs” powers to suspend the law that […]
Penn Entertainment Expects To Launch ESPN Bet in 17 States on November 14
Penn Entertainment expects ESPN Bet to debut in 17 states on Nov. 14, pending final regulatory approvals. If all goes to plan, the sportsbook will be available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. The new product replaces Barstool Sportsbook after Penn […]
Richmond Casino Vote: Ballot Measure Fails, With 60% of Electors Saying ‘No’ to Virginia’s Fifth Retail Casino
With 72 of 73 precincts reporting in the Richmond casino vote on Nov. 7, 60.19% of electors said “no” to the Richmond Grand Resort and Casino. Only 39.81% had voted in favor of the $562 million project proposed for Virginia’s fifth and final retail casino. That means the casino lost by 20.38% in the unofficial election […]
Rush Street Interactive: Q3 Earnings Call Focuses on Present of Sports Betting, Future of Online Casino
BetRivers owner Rush Street Interactive (RSI) has managed two consecutive quarters of adjusted EBITDA profitability thanks in large part to the performance of its sportsbook, but its Q3 investor presentation emphasized the future potential of the online casino vertical. RSI’s quarterly gross gaming revenue grew 15% year-over-year to $170 million, and it expects its 2023 total to come in at […]
Bragg, BetMGM Expand Partnership, Bring Egyptian Magic to New Jersey
Bragg Gaming has expanded its US reach by launching its new content portfolio and Remote Game Server (RGS)with BetMGM in New Jersey. According to last week’s announcement, customers looking for the best payout slots can now access Bragg’s popular Atomic Slot Lab (ASL) title, Egyptian Magic. Further, over the following weeks, several more games from […]
