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D.C. Council Approves 2025 Budget, Ending Sports Betting Monopoly and Opening Market to New Operator[2024-07-16]
Washington, D.C.’s fiscal year budget for 2025 has received the nod from the Council, heralding significant changes in the realm of sports betting within the District. In a unanimous decision, council members paved the way for an overhaul of t...
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Texas Faces Significant Legislative Hurdles in Push to Legalize Casino Gambling: Senate and GOP Resi[2024-07-16]
Efforts to legalize casino gambling in Texas appear to face even steeper challenges in the upcoming legislative session. In 2023, the Texas House narrowly missed the required votes to advance a constitutional amendment allowing the establishment of...
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DraftKings and Flutter Stocks Dip After Illinois Budget Agreement Introduces Tax Hike on Sports Bett[2024-07-16]
Shares of major sports betting companies, including DraftKings and Flutter, experienced significant declines following the approval of a substantial tax increase on sports bets in Illinois. The state’s fiscal 2025 budget, set to begin on July...
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Queens Senator Jessica Ramos Rejects Steven A. Cohen-Backed Casino Proposal Near Citi Field, Advocat[2024-07-16]
State Senator Jessica Ramos of Queens, New York, has emerged as a central figure in the ongoing debate over a proposed casino project in her district. In a move that has reverberated through political circles, Senator Ramos has firmly rejected the p...
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FanDuel and DraftKings Grapple with Illinois Sports Wagering Tax Hike as Governor Pritzker Defends R[2024-07-16]
Illinois’ online sports betting landscape faces upheaval as major players like FanDuel and DraftKings confront the repercussions of a significant tax increase. Governor J.B. Pritzker defends the move, asserting the state’s right to a lar...
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MLB Investigates San Diego Padres’ Infielder Tucupita Marcano for Alleged Baseball Betting[2024-07-16]
Major League Baseball is probing San Diego Padres infielder Tucupita Marcano for allegedly betting on baseball games, a potential violation that could result in a lifetime ban. According to a source familiar with the investigation, Marcano is suspec...
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Massachusetts Weighs Action Against Bovada in Sports Betting Crackdown[2024-07-16]
The Massachusetts Gaming Commission (MGC) is deliberating on whether to join the recent trend in sports betting regulation by sending cease-and-desist letters to Bovada, an offshore sportsbook. This move aligns with recent actions taken by regulator...
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Rep. Paul Tonko Pushes NDAA Amendment to Ban Slot Machines on Military Bases, Citing Gambling Addict[2024-07-16]
A congressman is advocating for an amendment to the National Defense Authorization Act (NDAA) to prohibit slot machines on military bases, expressing concerns about the potential risks of gambling addiction among service members. Rep. Paul Tonko, re...
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Michigan Gaming Control Board Cracks Down on Illegal Online Gaming: Cease-and-Desist Issued to Overs[2024-07-16]
The Michigan Gaming Control Board (MGCB) has initiated a decisive crackdown on Bovada, an offshore gaming company operating unlawfully within Michigan’s jurisdiction. Responding to this breach, the MGCB dispatched a cease-and-desist letter to...
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Delaware Considers Overhaul of Sports Betting: Proposal Opens Door to Multiple Operators, Challenges[2024-07-16]
In a move aimed at revitalizing Delaware’s sports betting landscape, State Representative Frank Cooke (D-New Castle) has introduced legislation to allow multiple sports betting vendors to operate within the state. This proposal marks a signifi...
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Galaxy Macau Phase II and Broadway Macau opening May 27[2024-07-10]
In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau Phase II and Broadway Macau on the same day next week on the Cotai Strip. Galaxy Macau first opened in May of 2011 next...
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Korean casino cruise ship idea not enjoying a smooth sail[2024-07-10]
The new law allowing casinos on cruise ships flying the South Korean flag is meeting resistance from within the country’s government as well as opposition from land casinos with a vested interest in protecting their market, according to a repo...
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Report: Galaxy Phase II–150 gaming tables allocated[2024-07-10]
Keeping in line with gaming policies, the Macau government decided to deny the Galaxy Phase II gaming property the opportunity to install 400 table games as requested. The operator will be able to add 150 new casino tables at the facility in Cotai,...
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Chinese authorities arrest internet celebrity Guo Meimei for running illegal casino[2024-07-10]
Mainland Chinese love to play games that involve betting and a great many of them love to gamble in their free time. The Chinese economy has gone from strength to strength during the past decade which resulted in disposable income for millions of Ch...
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Kambi Group Plc branch office In Manila being investigated for illegal gambling activities[2024-07-10]
The online gambling market has grown at a rapid pace and benefited governments across the world that earn significant amounts of revenue in the form of online gambling taxes. The biggest challenge that the online gambling industry poses to each stat...
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Casinos in Japan; bill awaits review[2024-07-10]
For those wishing to see Japan legalize and regulate casinos, June of last year proved particularly frustrating as the Diet ran out of time to pass a bill in the regular session. The parliament held a special session lasting into August and hopes o...
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China’s anti-corruption crackdown causing concerns for Macau casinos [2024-07-10]
James Packer is one of Australia’s richest men and has a fortune that is estimated to be close to $5 billion. Packer has vested business interests but derives major revenue from his Crown Resort casinos that have been established in a number of coun...
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Vietnam province proposes casino on Cam Ranh Peninsula[2024-07-10]
According to several Asian news outlets, Vietnam’s Khanh Hoa Provincial People’s Committee recently tendered a proposal to the government in relation to a possible casino and recreation center in the Cam Lam district at the Northern Cam Ranh P...
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All Asia Dealers’ Championship grand final Thursday[2024-07-10]
May 21st 2015 marks the final for the G2E Asia event of All Asia Dealers’ Championship in Macau. 36 dealers progressed to the quarter finals. The competition is to put focus on Asia’s dealing talent. There are 16 teams of three, one for baccarat, on...
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Okada’s Universal sells entire Manila land stake to local firm[2024-07-10]
According to a filing with the Japanese Stock Exchange, Universal Entertainment Corp has sold it’s entire 40% stake in Eagle II Holdco Inc, to Filipino firm All Seasons Hotels & Resorts Corp for $2.9 million. The sale was reportedly comple...