In a surprising twist, the New York City casino project led by billionaire Steve Cohen has encountered setbacks. Despite the challenges, Cohen’s team remains resilient, determined to overcome obstacles and breathe life into their ambitious vision for the city’s gaming landscape.
The Setback: A Closer Look
The setback stems from zoning restrictions and community opposition. Cohen’s…
In an unexpected convergence of minds, the GameON conference, organized by game-provider AGS, is set to explore the future of casino gambling through a diverse lineup of speakers. While the roster includes a neuroscientist, an executive coach, and a co-founder of a groundbreaking news site, AGS President and CEO David Lopez emphasizes that this eclectic…
In a surprising turn of events, the state of Illinois has implemented a tax hike that directly impacts DraftKings, one of the leading players in the sports betting industry. The move has sent shockwaves through the market, raising questions about the company’s future and the broader implications for the gambling sector.
The Tax Hike
Illinois Governor…
In a bold move that could reshape the sports betting landscape, the state of Delaware is considering allowing multiple sports betting apps to operate within its borders. While this proposal aims to enhance competition and convenience for bettors, it has sparked debates over potential revenue implications and legal challenges.
The Current Landscape
Currently, Delaware’s sports betting…
In a significant move, the Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has announced the final sanctions for online betting and gambling infringements during the second semester of 2023 in Spain. A total of 17 operators have been penalized for committing serious or very serious violations, with fines surpassing €81 million (81,150,000…
The United Kingdom is set to introduce a series of liberalising measures aimed at enhancing the appeal of land-based gambling venues such as casinos, bingo halls, and arcades. This initiative is part of a broader strategy to ensure these establishments remain competitive with the rapidly expanding online betting and gaming sector.
Modernising Outdated Regulations
In a…
In a high-stakes battle for the future of New York City’s entertainment landscape, state Sen. Jessica Ramos faces mounting pressure to back the ambitious “Metropolitan Park” project near Citi Field. The brainchild of Mets owner Steve Cohen, this proposed $8 billion casino and entertainment hub aims to transform the 50-acre asphalt expanse surrounding the stadium…
In a significant development, the Nevada Department of Employment, Training, and Rehabilitation (DETR) has stepped up to support the thousands of employees impacted by the impending closure of The Mirage casino-resort. The closure, scheduled for July 17, is part of a comprehensive renovation plan that will transform the iconic property into the Hard Rock Hotel…
In a climactic showdown that didn’t quite materialize, all the major names in online sports betting decided to skip a highly anticipated meeting in Massachusetts. The topic of discussion? Wagering limits imposed by bookmakers on their customers—specifically, limits for those who win too much or too cleverly. The Massachusetts Gaming Commission (MGC) hosted a roundtable…
The National Collegiate Athletic Association (NCAA) has taken significant steps toward eliminating player prop bets on college athletes. In recent developments, several states have acted to ban college player prop betting, aligning with the NCAA’s efforts to curb harassment and protect student-athletes.
Current Progress and State Actions
The NCAA expressed satisfaction with the progress made in…