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Author page: Ace Highman

U.S. Gambling Industry Breaks Records in 2023 with $66.5 Billion Revenue

U.S. Gambling Industry Breaks Records in 2023 with $66.5 Billion Revenue

The U.S. gambling industry had its best year ever in 2023, winning $66.5 billion from gamblers, according to the latest report from the American Gaming Association (AGA). This represents a 10% increase from the previous year, which was also a record-setting year. The industry’s strong performance was driven by the growth of sports betting, internet…

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Florida Cracks Down on Fantasy Sports Operators

Florida Cracks Down on Fantasy Sports Operators

Florida regulators have ordered three fantasy sports operators to stop offering their services in the state by March 1, citing violations of the state’s gambling laws. The operators are Underdog Fantasy, PrizePicks, and Betr, which offer pick’em-style contests that resemble proposition betting. The Florida Gaming Control Commission (FGCC) sent cease-and-desist letters to the three companies…

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