Donald Trump Jr. is expanding his presence in the prediction market space by joining the advisory board of Polymarket, one of the industry’s leading platforms. The move follows a substantial investment by 1789 Capital, the venture capital firm where …
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Caesars Sportsbook is the latest operator in Illinois to introduce a 25-cent fee per online wager, a move that directly reflects the state’s newly enacted per-wager tax. Beginning September 1, customers placing digital bets through Caesars will see the …
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The Big Lagoon Rancheria is calling on California lawmakers to pause Assembly Bill 831, warning that the measure threatens both tribal sovereignty and the economic prospects of smaller tribes. In an August 25 letter to the Senate Appropriations Committee, …
The post Big Lagoon Rancheria Urges Delay on AB 831 Over Sovereignty Concerns first appeared on RealMoneyAction.com.
Ohio’s top gambling authority has warned licensed sportsbooks to avoid venturing into the realm of sports-based prediction markets, or risk serious consequences to their operating status. In a letter dated Monday, the Ohio Casino Control Commission (OCCC) issued a …
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Just a day after the Tour Championship wrapped up at East Lake Golf Club, Scott Warfield, head of the PGA Tour’s gaming division, appeared before Georgia legislators to advocate for the legalization of sports betting in the state. …
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SlotMatrix, the global leader in casino content aggregation, has expanded its U.S. presence by launching its exclusive title Wild Extravaganza in West Virginia. The game had previously debuted in Michigan and New Jersey, and now brings its high-octane …
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New Jersey’s gambling industry is experiencing a banner summer, fueled by rapid growth in online gaming. In July alone, online gambling brought in nearly $250 million — a 27% jump compared to the same month last year, according to …
The post NJ Gambling Revenue Climbs as State Increases Online Betting Taxes first appeared on RealMoneyAction.com.
Tribal gaming across the U.S. reached unprecedented heights in fiscal year 2024, pulling in $43.9 billion—a $2 billion increase over the previous year and a 4.6% rise overall. However, while experts lauded this milestone during a recent Indian …
The post Tribal Gaming Revenue Reaches New High, But Economic Pressures Loom first appeared on RealMoneyAction.com.
Virtual Gaming Worlds (VGW), a key player in North America’s sweepstakes and social gaming space, is ending its operations in Canada. The move affects both real-money and free-play gaming on its flagship platforms, Chumba casino and Global Poker.…
The post VGW to Exit Canadian Market; DraftKings Shifts U.S. Payment Policy first appeared on RealMoneyAction.com.
A recent Better Business Bureau (BBB) study has spotlighted the growing confusion and consumer losses tied to the explosion of online gambling and gaming platforms, many of which operate without licenses or oversight. With billions of dollars now flowing …
The post BBB Sounds Alarm Over Rise in Online Gambling Scams first appeared on RealMoneyAction.com.