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Ohio Regulators Move to Fine Kalshi $5 Million for Unlicensed Sports Gaming

COLUMBUS, Ohio - Ohio’s gaming regulator has proposed a $5 million fine against Kalshi, accusing the prediction‑market operator of offering unlicensed sports gaming in...
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Detroit Casinos Report $109.6 Million in December 2024 Revenue, Totaling $1.29 Billion for the Year

The three Detroit casinos reported an impressive $109.6 million in aggregate revenue for December 2024. Of this amount, table games and slots generated $109.3...

HG Vora Readies Proxy Battle Against Penn Entertainment

Shares of Penn Entertainment (NASDAQ: PENN) surged in late trading on Tuesday following a regulatory filing by activist investor HG Vora. The hedge fund...

MGCB Announces Sentencing for Two Involved in Flint Illegal Gambling Operation

The Michigan Gaming Control Board (MGCB) recently announced the sentencing of two individuals involved in operating the Cellular Bank, an illegal Flint storefront casino...

Unibet Faces Scrutiny for Blocking Gambler Lawsuits in the Netherlands

Unibet, a Malta-based gambling giant, has come under fire for allegedly blocking lawsuits from former gamblers in the Netherlands who seek to recover millions...

Singapore Blocks Access to Polymarket Over Illegal Gambling Concerns

In Singapore, if anyone wants to speculate about the outcome of an event, they must do so through the state-owned gambling company, Singapore Pools,...

CFTC Expected to Scrutinize Crypto.com Sports Contracts

The Commodities and Futures Trading Commission (CFTC) is reportedly considering an examination of Crypto.com’s newly unveiled sports event contracts. However, this scrutiny is unlikely...

Wynn Praised for Strategic Acquisition of Crown London

Last week, Wynn Resorts (NASDAQ: WYNN) announced its acquisition of the Crown London casino, a small, exclusive establishment in the prestigious Mayfair District. Although...

Michigan Regulator Suspends TwinSpires for Non-Compliance

The Michigan Gaming Control Board (MGCB) has issued a summary suspension order against TwinSpires, a brand owned by Churchill Downs Technology Initiatives Company (CDI),...

Netherlands and Curaçao Join Forces to Implement New Gambling Law

The Netherlands and Curaçao have announced a collaborative effort to ensure the successful implementation of Curaçao’s newly enacted National Ordinance on Gambling (LOK), set...

Nevada Gaming Revenue Down for Second Consecutive Month

In November, Nevada casinos and other gaming facilities reported a combined win of $1.1316 billion from players. This marks a 4.2% decline compared to...
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