Summary The Nevada Gaming Control Board is taking a hard stance against Kalshi, an online prediction market that offers sports contracts where customers bet on the outcomes of games. This has triggered legal disputes, as Kalshi argues it functions under federal rather than state regulations. Meanwhile, the state’s traditional sportsbooks are concerned that Kalshi’s model […]
Small banks have been struggling with the costs and complexities of cross-border payments due to outdated systems and high intermediary fees. However, FinTech advances like digital wallets and stablecoins are offering potential solutions that could revolutionise these traditional practices. The article explores how these innovations could help smaller institutions streamline international transactions and improve their […]
Rhode Island has made a bold move by passing a bill to expand sports betting, breaking free from its previous one-operator model. With a Senate vote of 30-3 on June 4, the bill now allows for five operators in the state starting in 2026, aiming to enhance competition and player experience. Source: CasinoBeats Key Points […]
The Maryland federal court is scrutinising Kalshi’s contradictory stance regarding the federal jurisdiction of its sports betting contracts. This challenge emerges amidst Kalshi’s ongoing legal battles with the Maryland Lottery and Gaming Control Commission (MLGCC), questioning the classification of its event contracts and their regulatory oversight. Key Points Kalshi is facing scrutiny over its inconsistent […]
Summary Bell Ventures Digital, the owner of the BandBet brand, has submitted the security assessment report to the Secretariat of Prizes and Betting of the Ministry of Finance (SPA-MF). This move addresses requirements to maintain operations in the regulated Brazilian market. All previously suspended companies, including BandBet, have now resumed normal operations after providing the […]
In this final edition of Behind the Bar, new revelations on why major legislation didn’t survive sine die, and a look at bills likely to be vetoed. Source: Article URL Key Points The failure of Governor Lombardo’s crime bill has been a hot topic post-legislative session. Sen. Ira Hansen’s filibuster did not solely cause the […]
This week’s Casino City Friday Five is all about big wins, new taxes, and exciting enhancements in the gaming world. From a massive poker jackpot in Las Vegas to the rollout of Kentucky’s largest sportsbook, there’s plenty for sports betting fans to digest. Let’s dive in! Source: Casino City Key Points Illinois introduces a new […]
Maryland’s six casinos have hit a solid mark in May 2025, generating a combined revenue of $176.4 million from slot machines and table games. This figure marks the seventh-highest monthly total since legalised casino gaming began in the state, showing a 1.9% increase from the same month last year. The state has benefitted as well, […]
A recent study highlights serious mental health issues among Macau’s casino workers, revealing spiking levels of stress, anxiety, and depression. Is this something we should be concerned about? Absolutely! Content Summary The investigation, conducted by the Chinese Federation of Analytical Psychology alongside local institutions, surveyed around 700 workers in Macau’s vibrant gaming industry. It found […]
PENN Entertainment has issued a statement regarding the recent Institutional Shareholder Services (ISS) report ahead of their 2025 Annual Meeting. The report focuses on the nomination of two highly-qualified candidates for the Board of Directors’ election. Summary PENN Entertainment, Inc. addressed the ISS report dated June 6, 2025, which confirms two seats open for election […]
