Florida’s House and Senate are divided over how much to allocate to the Florida Gaming Control Commission, with a notable $5.49 million discrepancy in their proposed budgets. The key point of contention revolves around funding for gambling enforcement and …
The post Budget Standoff: Florida Lawmakers Clash Over Gaming Commission Funding first appeared on RealMoneyAction.com.
This weekend’s Mubadala New York Sail Grand Prix marks more than a midseason highlight for SailGP—it introduces sports betting to the high-speed sailing league. Through new partnerships with DraftKings in the U.S. and bet365 internationally, fans can …
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Caesars Entertainment has expanded its mobile wagering platform, integrating pari-mutuel horse race betting into the Caesars Sportsbook app in Indiana and Illinois. This development follows earlier rollouts in New York, Ohio, Maryland, Kentucky, and Colorado, offering users in these …
The post Caesars Expands Horse Racing Betting in Indiana, Illinois first appeared on RealMoneyAction.com.
Louisiana is on the brink of outlawing online sweepstakes casinos, as Senate Bill 181 (SB 181) moves to Governor Jeff Landry’s desk for final approval. If signed, the state will become the second in the U.S. this year – following …
The post Louisiana Nears Statewide Ban on Online Sweepstakes Casinos first appeared on RealMoneyAction.com.
Laurence Escalante, founder of Virtual Gaming Worlds (VGW), is making a bold move to acquire total ownership of the company he launched. Already the majority shareholder with 70%, Escalante is seeking to purchase the remaining 30% through a deal …
The post Escalante Targets Full Control of Sweepstakes Leader first appeared on RealMoneyAction.com.
Illinois has passed a controversial new tax on online sports betting, rattling the industry and sending major sportsbook stocks into decline. The move, part of a newly approved $55 billion budget, imposes a 25-cent tax on each of the …
The post Illinois Approves Per-Wager Tax, Industry Reacts Swiftly first appeared on RealMoneyAction.com.
Online prediction exchange Kalshi is at the center of a growing legal standoff that could redefine the U.S. sports betting industry. Despite multiple cease-and-desist orders from state gambling authorities, Kalshi continues to allow users across all 50 states to trade …
The post Kalshi Disrupts Sports Betting Through a Legal Loophole first appeared on RealMoneyAction.com.
A major regulatory overhaul is coming to Indiana’s sports betting industry. Beginning July 1, hundreds of companies that support sports wagering operations—but don’t handle bets or accounts—will no longer need to register with the Indiana Gaming Commission (IGC).
This …
The post Regulatory Shift Loosens Licensing Rules in Indiana first appeared on RealMoneyAction.com.
Illinois lawmakers passed a $55.2 billion budget just before their spring session deadline, introducing new revenue measures including higher taxes on tobacco, vaping products, and notably, online sports betting. The tax hikes are designed to help close an expected …
The post New Illinois Budget Hikes Taxes on Online Betting and Vaping first appeared on RealMoneyAction.com.
In a move aimed at reshaping the digital gambling landscape, the Ontario Lottery and Gaming Corporation (OLG) has launched Red Panda Tails of Wealth, the first online slot game intentionally crafted with accessibility in mind. The initiative is part …
The post Red Panda Slot Sets New Standard for Inclusive Online Gambling first appeared on RealMoneyAction.com.