ReadWriteflipped into All Stories9 hours agoAtlantic City Venues Could Face Escalating Fines Under S597ReadWriteNew Jersey senators James Beach and Vincent Polistina are sponsoring a bill that would replace criminal penalties for underage gambling at licensed casinos and simulcasting facilities with civil fines of up to $2,000. Senate Bill 597 would change how the state handles violations, but not who is …
ReadWriteflipped into All Stories16 hours agoSB 104 Faces New Hampshire Finance Committee TestReadWriteNew Hampshire’s Senate narrowly advanced SB 104 by a 13-11 vote, moving a proposal to legalize and regulate online casino games to the Senate Finance Committee. The bill is not law, and its close passage leaves its prospects uncertain. Action Network reported that the Senate vote took place on …
ReadWriteflipped into All Stories22 hours agoOperators Face Unsettled Rules as Prediction-Market Scrutiny WidensReadWriteThe Supreme Court is weighing petitions involving prediction markets as the House Oversight Committee expands an insider-trading inquiry and the CFTC reportedly reviews promotional programs, putting operators under pressure from three separate federal fronts. The developments, reported by Gambling …
ReadWriteflipped into All Stories1 day agoLisa Mantil Takes Charge of Polymarket’s Institutional PushReadWritePolymarket has named Goldman Sachs veteran Lisa Mantil head of institutional growth, putting Wall Street participation and liquidity at the center of its next phase of expansion. The appointment was announced on Tuesday, September 29, according to a MarketWatch report by Kelly Cloonan. Mantil will …
ReadWriteflipped into All Stories1 day agoDKeX Trails Rivals as DraftKings Plans More Prediction-Market InvestmentReadWriteDraftKings plans to invest more in its DKeX prediction market, where Bernstein estimates consumer trading volume could reach $1 billion by December, even as Kalshi led reported NFL opening-week sports volume with 76%. DKeX accounted for 3% of that sports trading, according to Needham data cited in …
ReadWriteflipped into All Stories1 day agoMGM Declines Prediction Markets as Casino Chiefs Flag License RisksReadWriteWynn Resorts’ Craig Billings, MGM Resorts International’s Bill Hornbuckle and Caesars Entertainment’s Tom Reeg used their G2E main-stage discussion to challenge the growth of prediction markets and defend regulated gaming. The discussion, reported by CDC Gaming, also touched on Las Vegas’s changing …
