Boyd Gaming has announced the sale of its 5% stake in FanDuel Group back to its parent company, Flutter Entertainment, for a massive $1.75 billion. The move is part of Boyd's strategy to bolster its financial health, with the company also extending its market-access agreements for mobile sports betting and online casinos through 2038.
In…
The Pennsylvania Gaming Control Board released its February revenue figures this Tuesday, revealing that the state’s gambling sector generated $477.2 million, a 4.3% decline from the same month last year.
Hollywood Casino at Penn National Race Course in Grantville emerged as the top performer in February, with revenue of $89.5 million. However, this was a…
Nebraska lawmakers are weighing a potential shift in the state’s gambling laws, one that could take sports betting beyond casino walls and onto mobile platforms. The proposal, backed by State Sen. Eliot Bostar, aims to let voters decide whether online sports betting should be legalized. Advocates see a major revenue opportunity, while opponents warn of…
New Jersey Governor Phil Murphy’s proposal to nearly double the tax on mobile sports betting and iGaming to 25% has already sparked resistance. While the Democratic-controlled legislature might be inclined to approve the increase, opposition from both political and industry stakeholders is quickly gaining traction.
Bipartisan Lawmakers Push Back
Less than 24 hours after Murphy’s…
The Indian Gaming Tradeshow & Convention is gearing up for a milestone event, celebrating its 40th year with a packed schedule of discussions, exhibitions, and policy meetings. As tribal leaders closely watch how federal regulations and emerging technologies shape their future, this year’s theme, “The Future of Indian Gaming: The Next Chapter,” signals a pivotal…
Taking a leap into entrepreneurship is never easy, especially when stepping away from a stable and growing company. But for James King, co-founder and CEO of Flows, the decision to go solo and build an industry-defining no-code automation platform wasn’t just a business move—it was a calculated risk with a clear vision.
From Stability to…
The British Horseracing Authority (BHA) is pointing fingers at the Gambling Commission’s financial risk checks for a sharp drop in betting turnover. The group claims punters are walking away from the sport or shifting their bets to unlicensed operators, raising concerns about the industry’s financial future.
Betting Revenue Takes a Hit
According to the BHA’s…
A bipartisan group of lawmakers is once again making a case for eliminating a decades-old tax on legal sports betting. Representatives Dina Titus (D-Nev.) and Guy Reschenthaler (R-Pa.), co-chairs of the Congressional Gaming Caucus, reintroduced legislation Tuesday to repeal the federal excise tax on sports wagering. It marks their fourth attempt to get rid of…
A New York Senate committee took a significant step Tuesday (Feb. 11), approving a bill that would expand the state's sports betting market. The legislation, SB 2616, sponsored by state senator Joseph P. Addabbo, Jr., would legalize season-long proposition bets and wagering on future award winners like the Heisman Trophy. It also includes a provision…
Two bills that could bring sports betting to Oklahoma have cleared an initial hurdle, passing unanimously out of a key House subcommittee. While the move signals progress, the real battle is just beginning. The state’s complicated relationship with tribal gaming operators—and Governor Kevin Stitt—could determine whether Oklahoma joins the growing list of states with legal…