Florida lawmakers proposed a bill that would implement harsher penalties on illegal slot machines and other illegal gambling operations in the state. House Bill 189 advanced, 13-4, through the Criminal Justice Subcommittee on Wednesday. The bill also authorizes daily fantasy sports operations and focuses on … Read more
Caesars Sportsbook allegedly accepted deposits via credit card from 35 different users, which turned into a total handle of $1,256 across 88 wagers. The Massachusetts Gaming Commission agreed to move forward with an adjudicatory hearing regarding Caesars violating state law by accepting credit card deposits … Read more
DraftKings reported a $200 million net loss in Q4 2024 despite a 13% revenue increase year-over-year, highlighting ongoing profitability challenges. The company secured a $500 million loan to fuel expansion, with a strong focus on iGaming as a potential path to future profits. Smaller sportsbooks … Read more
Lawmakers in Virginia push forth legislation to legalize casinos. If passed, the legislation will see casinos open up across five cities around the state. Conservative groups are fighting against allowing casinos, believing it will be bad for the communities. RICHMOND, Va. – It seems like … Read more
