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The Texas Lottery Commission has settled an outstanding case, worth almost $46 million, with a woman who became embroiled in a controversial saga that has delayed her windfall.
Kristen Moriarty reached an agreement with the Commission, as detailed by court records, following consultation with Attorney General Ken Paxton’s office.
She will receive a bonanza payout of $45.8 million in one lump sum...
The sports sector in New Zealand is fighting back against the proposed Online Casino Gambling Bill, which was first introduced back in June.
A targeted consultation is currently underway on the advertising, harm minimization, and consumer protection regulations relating to the proposed bill. It aims to regulate offshore online casino gambling, and 15 licenses will be available, allocated by...
The National Indian Gaming Commission (NIGC) has announced its latest statistics, showing that a record $43.9 billion was generated in gross gaming revenues in FY 2024.
This is a record figure that reflects a $2.0 billion increase over FY 2023, representing an overall growth of 4.6% across the Indian gaming industry.
“This year’s GGR reflects not only the resilience of the tribal gaming industry...
Kalshi suffered a damaging setback on Friday when a federal court in Maryland rejected its request for a preliminary injunction against the state’s enforcement of gambling laws against the prediction market platform.
US District Judge Adam B. Abelson denied Kalshi’s position, in what is a significant defeat for their aims to offer prediction markets nationwide under federal jurisdiction and...
The Star Entertainment Group announces that its discussions with joint venture partners Chow Tai Fook Enterprises and Far East Consortium International have been terminated.
After being unable to reach an agreement on a number of ‘outstanding commercial issues,’ The Star proposed to the Joint Venture Partners an extension of a negotiation date to 6 August, but this was not accepted.
As a result,...
The casino company Kangwon Land is aiming to strengthen its illegal gambling surveillance as it launches a monitoring group.
Around 30 college students will be recruited to the ‘College Student Online Illegal Gambling Site Monitoring Group’, and the ‘Offline Illegal Gambling Professional Monitoring Group’ will be expanded upon, too.
The recruitment period will last until the 14th, with the aim of...
The Illinois Gaming Board has revoked the video gaming license for Firebird Enterprises Inc., the company behind Steak N Egger – Racine, saying the owner misled regulators, hid a history of illegal gambling, and had ties to organized crime.
The board pulled the license for Firebird Enterprises Inc., which is owned by Jeffrey Bertucci and runs the restaurant at 5647 W. Ogden Ave. A spokesperson...
GambleAware is set to shut down in a phased closure following the introduction of new gambling legislation in the United Kingdom.
The charity has been in operation since 2002, working to raise awareness of gambling-related harm and to provide essential support to those in need.
The organization confirmed the end of its tenure in an official statement, which will see it succeeded by the...
Mike DeWine, the governor of Ohio, has urged the Casino Control Commission to prohibit prop bets, removing them from the legal list of bets that can be placed under the state’s contractual rules for operators.
The Governor’s request follows the scandal involving Guardian pitchers, Luis Ortiz and Emmanuel Clase, who have been sent on paid leave through to the end of August following separate...
MyPrize announced Thursday, July 31, that it has successfully closed a $21 million funding round, bringing the company’s valuation cap to an impressive $250 million.
Led by existing backers Dragonfly and Boxcars Ventures, along with contributions from major family offices, this latest funding raises the firm’s total investment capital to $38 million since its founding.
MyPrize was established by...