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Crypto iGaming in New Jersey? Record Revenues Show Growing Digital Demand

By Oliver Rink Feb 18, 2025

New Jersey recorded its second-highest iGaming revenue in a single month, showing 20.9 percent year-over-year growth and reaching $221.6 million. The underlying data clearly shows the public’s appetite for digital

Scientific Games Renews Popular SLINGO License

By Jo Montague Feb 13, 2025

Scientific Games announced Tuesday the renewal of the global lottery company’s licensing agreement with Gaming Realms for the iconic SLINGO brand, continuing the exclusive partnership for five more years. Scientific

Lawmakers in Louisiana could consider taxing unregulated iGaming operators

By Oliver Rink Feb 12, 2025

According to State Representative Mike Echols, Louisiana loses up to $4.6 billion annually in untaxed revenue. With that, operators are considering taxing unregulated online casinos in the state. Off-shore markets still

Mississippi Unlikely To File Online Sports Betting Bill In 2025

By Jo Montague Feb 8, 2025

Mississippi lawmakers currently have no plans to file a legislative bill expanding regulation to include online gambling. Sen. David Blount, the Senate Gaming Committee Chairman and supporter of Mississippi online

DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future

By Sheldon Muchmore Jan 19, 2025

Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,

ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino

By Sheldon Muchmore Jan 15, 2025

Penn Entertainment has announced revenue of $1.67 billion for the fourth quarter of 2024, an increase from $1.395 billion in the same quarter of 2024. The company has placed significant emphasis on ESPN Bet, its sports

Gambling is on the rise — So why is investing still restricted?

By Oliver Rink May 30, 2024

Gambling is increasingly legal in the United States. New casinos keep popping up in places outside of Las Vegas, and professional sports leagues that used to oppose sports betting are now embracing it. Except for

5 state regulators allege organization is tied to Russia, scamming users using metaverse casino

By Jo Montague May 11, 2022

Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs)

Texas regulators order virtual casino to stop selling NFTs

By Jo Montague Apr 14, 2022

A virtual, Cyprus-registered casino, Sand Vegas Casino Club, faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme