DraftKings and FanDuel abruptly cut ties with the American Gaming Association (AGA) after heightened tensions around the future role of prediction markets in the legal betting ecosystem. The conflict surfaced during the AGA’s Public Policy Committee meeting in Washington, D.C., …
The post DraftKings and FanDuel Split From AGA Amid Prediction Market Clash first appeared on RealMoneyAction.com.
New Jersey’s internet gaming sector reached a major milestone in October as online casinos collectively generated $260.3 million, finally surpassing the long-anticipated quarter-billion mark after several close calls earlier in the year. The Division of Gaming Enforcement’s latest figures …
The post New Jersey’s Online Casinos Break Revenue Record with $260.3M October Haul first appeared on RealMoneyAction.com.
Illinois’ sports wagering sector saw a notable downturn in September, the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming Board shows that betting volume fell 15% from September 2024, with the …
The post Illinois’ Sports Betting Declines as New State Tax Takes Hold first appeared on RealMoneyAction.com.
BetMGM has further strengthened its foothold in Pennsylvania, announcing a multiyear partnership that makes the operator the official sports betting and iGaming partner of the Pittsburgh Penguins. The agreement broadens BetMGM’s reach inside PPG Paints Arena and reinforces …
The post BetMGM and Pittsburgh Penguins Launch Multiyear Sports Betting Alliance first appeared on RealMoneyAction.com.
Massachusetts lawmakers spent Thursday examining whether the state should take its next major step into digital gambling, with the Joint Committee on Economic Development and Emerging Technologies holding a hearing on a proposal to authorize online casino gaming. …
The post Massachusetts Debates Online Casino Plan Focused on Illegal Market Risks first appeared on RealMoneyAction.com.
Caesars Palace and affiliated Caesars Entertainment properties will pay a $7.8 million fine following a Nevada Gaming Control Board (NGCB) complaint outlining prolonged anti-money laundering (AML) failures involving California bookmaker Mathew Bowyer. Regulators said Caesars continued allowing Bowyer to …
The post Caesars Hit With $7.8M Penalty for Years of Lapses Tied to Bookmaker first appeared on RealMoneyAction.com.
IGT is placing artificial intelligence at the center of its next wave of gaming innovation, positioning its new TrueAim platform as a breakthrough in real-time personalization and operational efficiency. First showcased at G2E, TrueAim is designed to dynamically tailor …
The post IGT’s TrueAim AI Drives Next-Level Personalization Across Casinos first appeared on RealMoneyAction.com.
Sports wagering licensees in Massachusetts are facing renewed scrutiny as the Massachusetts Gaming Commission (MGC) formally warned operators against partnering with prediction market platforms or offering sports event contracts within the state. In a letter issued this week, the regulator …
The post Massachusetts Issues Strong Warning to Sportsbooks on Prediction Markets first appeared on RealMoneyAction.com.
Florida lawmakers are once again weighing whether paid daily fantasy sports (DFS) should operate legally in the state, as a wide-ranging gambling proposal has brought the debate back to the forefront. The recently filed omnibus measure, House Bill 189, …
The post Florida Bill Revives Effort to Legalize Paid Daily Fantasy Sports first appeared on RealMoneyAction.com.
North Carolina’s sports wagering market reached a new peak in October, with bettors placing more than $811 million in wagers — the highest monthly total recorded since mobile betting launched in the state. The latest figures from the North …
The post North Carolina Breaks Monthly Record With $811M Betting Handle first appeared on RealMoneyAction.com.