Education / Gambling News

Gambling News

In a significant development for the state of North Carolina, Governor Roy Cooper has officially signed the sports betting legislation into law. The governor will hold a news conference at the Spectrum Center in Charlotte on Wednesday to commemorate this historic event. The conference, scheduled from 11 a.m. to noon, will witness the attendance of key lawmakers who played instrumental roles in the realization of this legislation. Among the distinguished attendees is Representative Jason Saine, the primary sponsor of the bill. He expressed his gratitude for the invitation from Governor Cooper and confirmed his presence at the news conference. While Senator Jim Perry, the original…
Thu, June 15, 2023
The House Finance Committee took a significant step forward on Tuesday, advancing companion online bills from both chambers to the floor with an impressive 10-2 vote. To align the legislation, the committee amended HB 6348 to match SB 948, the bill that recently passed the Senate with a strong 30-4 majority. As both pieces of online casino legislation now make their way to the House calendar, there is a possibility of final passage on Thursday. What makes this legislative sprint even more remarkable is the timeline involved. Senate President Dominick Ruggerio and Rep. Greg Constantino introduced Rhode Island's online casino legislation only in late April.…
Thu, June 15, 2023
New York's Commercial Casinos Maintain Steady Performance as Online Sports Betting Flourishes The four commercial casinos in New York have shown consistent figures in comparison to last year, with a minor decline in in-person gaming. However, the thriving activity in online sports betting has more than compensated for this slight downturn. In May, New York's four non-tribal casinos and nine licensed online sportsbooks collectively generated over $207 million in winnings. While this marks an increase compared to the same month in 2022, the growth can primarily be attributed to the surge in online sports betting. Revenue for New York's commercial casinos in May reaches $55…
Wed, June 14, 2023
In May, Iowa's casino industry experienced a decline in total adjusted gross revenue (AGR) compared to the previous month. According to data from the Iowa Racing and Gaming Commission, the AGR for the 19 casinos stood at $143.6 million, marking a decrease of 6.07% from April's $153 million. Summer slumps are not uncommon in the Midwest, as local customers tend to embark on summer vacations, impacting the casino industry. Despite this decline, some Iowa casinos managed to have a profitable month, demonstrating resilience in the face of seasonal challenges. Leading the way in AGR is Prairie Meadows Racetrack & Casino, with an impressive $20.7 million.…
Wed, June 14, 2023
Nevada Lawmakers Move Closer to Repealing 159-Year-Old Lottery Ban Nevada lawmakers have taken a significant bureaucratic stride towards giving voters another chance to overturn the state's constitutional ban on lotteries, which has been in place for 159 years. With a 12-8 Senate vote, the Nevada lottery bill, known as Assembly Joint Resolution 5 (AJR5), will undergo a crucial second review during the 2025 legislative session, paving the way for the potential removal of the prohibition on state lotteries. If the bill passes once again, it will proceed to a general election vote in 2026. Gaming industry advisor Brendan Bussmann predicts a positive outcome for a…
Tue, June 06, 2023
In the wake of a turbulent period marked by gambling-related firings and potential NCAA breaches in college sports, the Southeastern Conference (SEC) has stepped up its efforts to address the issue. At a recent meeting, SEC Commissioner Greg Sankey called for increased attention and sought assistance from US Integrity, a company specializing in monitoring events for gambling improprieties in professional sports leagues and college conferences. Recognizing the need for greater education and vigilance, Sankey emphasized the importance of exploring "more sophisticated" ideas to combat the emerging challenges. With various sports betting scandals occurring in college sports over the past month, the SEC believes that proactive…
Tue, June 06, 2023
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