The American Gaming Association (AGA) has officially expressed its support for newly proposed legislation that would reinstate the full 100% deduction for gambling losses on federal income taxes. The backing comes as part of the association’s ongoing effort to address …
The post FAIR BET Act Aims to Reinstate 100% Gambling Loss Deductions first appeared on RealMoneyAction.com.
A coalition of top consumer protection law firms has launched a significant legal offensive against four major daily fantasy sports (DFS) operators—FanDuel, DraftKings, PrizePicks, and Underdog Fantasy—by filing a series of class action lawsuits in California federal court. …
The post Legal Challenges Mount Against DFS Operators in California first appeared on RealMoneyAction.com.
Maryland’s casino market experienced a modest setback in June 2025, as combined revenue from its six licensed casinos fell to just over $160.6 million. This figure marks a 1.4% year-on-year decline, representing a $2.25 million drop compared to June 2024.…
The post June 2025 Casino Revenue Sees Slight Dip in Maryland first appeared on RealMoneyAction.com.
In 2024, Meta generated over $160 billion in advertising revenue—comprising more than 95% of its total earnings—illustrating the immense value it derives from its advertising business. At the core of this system is behavioral profiling, the practice of collecting and …
The post Meta’s Data Profiling for Ads Sparks Fears of Discrimination and Harm first appeared on RealMoneyAction.com.
The Court of King’s Bench in Manitoba has issued a landmark ruling permanently barring offshore gambling website Bodog from operating in the province. On May 26, Justice Jeffrey Harris delivered the court order, which was followed by written reasons released …
The post Manitoba Court Permanently Bars Bodog from Province first appeared on RealMoneyAction.com.
Japanese technology firm MIXI has successfully obtained crucial regulatory approval from Canadian authorities, bringing it one step nearer to finalizing its proposed acquisition of Australian betting company PointsBet Holdings. The Alcohol and Gaming Commission of Ontario (AGCO), following a comprehensive …
The post MIXI Moves Closer to PointsBet Takeover After Ontario Regulatory Approval first appeared on RealMoneyAction.com.
Laurence Escalante, the billionaire founder of Virtual Gaming Worlds (VGW), is facing internal pushback from investors over the operation of Kickr Games, a social casino and sports betting business based in the U.S. Owned and managed separately by Escalante’s private …
The post Kickr’s Emergence Creates Investor Unease first appeared on RealMoneyAction.com.
Bragg Gaming Group has extended its footprint in the North American online gaming sector through a new content launch with Fanatics Casino. The rollout includes Bragg’s proprietary Remote Gaming Server (RGS) technology and an array of exclusive titles across …
The post Bragg Broadens U.S. Market Presence with Strategic Fanatics Partnership first appeared on RealMoneyAction.com.
In a major step for its U.S. expansion strategy, Evolution has launched its portfolio of online slot games in Rhode Island through an extended agreement with Bally’s Corporation. This move marks Evolution’s official entry into the state and cements …
The post Evolution Breaks New Ground with Rhode Island Launch via Bally’s first appeared on RealMoneyAction.com.
The legal standing of daily fantasy sports in California is under fresh scrutiny following a decisive opinion from Attorney General Rob Bonta. In a detailed response to Assemblymember Tom Lackey’s inquiry, Bonta argued that platforms like DraftKings and …
The post Fantasy Sports Face Legal Uncertainty After California Ruling first appeared on RealMoneyAction.com.