Electronic pull-tab machines supplied by Grover Gaming, a Light & Wonder subsidiary, were disabled in Kentucky on November 21 after regulators linked the devices to a cheating scheme. The pause drew attention to Grover’s role in the state’s charitable …
The post Analyst Sees Limited Risk in Kentucky Machine Shutdown first appeared on RealMoneyAction.com.
Robinhood and Susquehanna International Group are preparing to launch a new prediction market exchange after acquiring MIAXdx, a platform already registered with the Commodity Futures Trading Commission (CFTC). The move marks a significant expansion of their role in the sector, …
The post Robinhood and SIG Form Venture for Prediction Markets first appeared on RealMoneyAction.com.
The path toward Alberta’s regulated online gambling market continues to take shape, with work on the province’s new iGaming framework and conduct-and-manage agency expected to surface early next year. Interest around the timing intensified through 2025 as the province manoeuvred …
The post Alberta Moves Toward 2026 iGaming Market Launch first appeared on RealMoneyAction.com.
Pennsylvania’s long-running battle over skill-game devices is reaching a new level of urgency, as state courts, lawmakers, and city officials continue to confront the machines’ legal status and economic impact. Recent decisions, combined with fresh legislative proposals and additional …
The post Legal Fight Over Pennsylvania Skill Games Intensifies Statewide first appeared on RealMoneyAction.com.
Microgaming’s development family has expanded with the introduction of Red Papaya, a new studio built to deliver feature-heavy online slots backed by extensive industry experience. The studio marks its arrival with a strong design philosophy and a focus on data-led …
The post Red Papaya Launches Studio and Unveils First Slot Kong’s Jungle Tower first appeared on RealMoneyAction.com.
Prediction markets and digital sports wagering have expanded at a pace that is beginning to worry major U.S. financial analysts. Bank of America is cautioning that the surge in these products—ranging from sports betting to event-based financial contracts—is creating measurable …
The post BoA Cautions on New Credit Risks From Gambling Growth first appeared on RealMoneyAction.com.
Massachusetts bettors drove an unprecedented level of activity in October, propelling the state to its highest monthly sports betting handle to date. According to figures reported by the Massachusetts Gaming Commission (MGC), sportsbooks accepted $892.2 million in wagers during the …
The post Massachusetts Smashes Monthly Sports Betting Record in October first appeared on RealMoneyAction.com.
Following a decisive development in federal court, Nevada gaming regulators have intensified their warning to casino operators about engaging with sports prediction markets outside the state. Late Tuesday, the Nevada Gaming Control Board circulated a fresh industry notice, …
The post Nevada Reasserts Authority Over Sports Prediction Markets After Ruling first appeared on RealMoneyAction.com.
Missouri’s sports wagering rollout on December 1 will begin with one notable absence. Although the state initially approved nine online sportsbook operators, Underdog withdrew its application shortly before launch, leaving eight platforms prepared to begin accepting wagers. The Missouri …
The post Missouri Sports Betting Debut Moves Ahead Without Underdog first appeared on RealMoneyAction.com.
Illinois lawmakers are stepping up pressure on Chicago leaders to reconsider Mayor Brandon Johnson’s plan for a 10.25% local tax on online sports wagers, arguing that the city-level charge could destabilize an already strained marketplace. The appeal comes as …
The post Illinois Officials Push Back as Chicago Seeks New Sports Betting Tax first appeared on RealMoneyAction.com.