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Tax Storm? Gamblers are increasingly worried about the "Great Beauty Act" and its impact on taxes!
Video02:42

Tax Storm? Gamblers are increasingly worried about the "Great Beauty Act" and its impact on taxes!

28like·0commentyesterday
New York's gambling revenue slightly declined in June, with online betting amounts decreasing but profits significantly increasing.

New York's gambling revenue slightly declined in June, with online betting amounts decreasing but profits significantly increasing.

According to the latest data released by the New York State Gaming Commission (NYSGC), the total gaming revenue (GGR) for New York casinos in June 2025 was $55.1 million, a 2.2% decrease year-over-year. This marks the third lowest monthly revenue of the year, only higher than January and February.T

22like·0comment4 days ago
G2E hosted its first top US dealer championship in October, competing for the "Best Dealer" honor.

G2E hosted its first top US dealer championship in October, competing for the "Best Dealer" honor.

The inaugural G2E American Dealer Championship will make its debut at the Global Gaming Expo (G2E) this October, hosted by the American Gaming Association (AGA) and organized by RX. The event will gather top casino dealers from across the US to compete for the title of "Best Dealer in America," and

29like·0comment4 days ago
NBA Commissioner Adam Silver responds to gambling investigation: Legalized regulation is better than underground betting, Beasley case draws league attention.

NBA Commissioner Adam Silver responds to gambling investigation: Legalized regulation is better than underground betting, Beasley case draws league attention.

NBA Commissioner Adam Silver recently publicly responded to the league's gambling investigation issue. Previously, former Detroit Pistons guard Malik Beasley was listed on the federal investigation list for suspected illegal betting, which reignited discussions about the NBA's gambling regulatory sy

30like·0comment5 days ago
Market predictions spark tribal and federal regulatory power struggle, intense confrontations at NCLGS conference.

Market predictions spark tribal and federal regulatory power struggle, intense confrontations at NCLGS conference.

At the NCLGS (National Council of Legislators from Gaming States) summer meeting held in Louisville in July, the discussion on the regulation of prediction markets became a focal point. Particularly, the debate over whether sports event contracts should be regulated by the Commodity Futures Trading

29like·0comment5 days ago
Has the appeal of the London stock market declined? British betting companies listed on the market have sharply decreased, with capital favoring the American market.

Has the appeal of the London stock market declined? British betting companies listed on the market have sharply decreased, with capital favoring the American market.

In the past decade, the number of gambling operators on the London Stock Exchange (LSE) has significantly decreased, driven by industry consolidation, regulatory uncertainty, and global economic trends, leading capital flows towards the US market. Peel Hunt analyst Ivor Jones noted that the overall

27like·0comment5 days ago
Machine vs Sports Betting: Viewing the Shift of Indiana's Most Profitable Channels from the Profit and Loss Report!
Video01:59

Machine vs Sports Betting: Viewing the Shift of Indiana's Most Profitable Channels from the Profit and Loss Report!

25like·0comment5 days ago
Aristocrat's brand new Jackpot Carnival Buffalo arrives at New Jersey's Hard Rock Bet online casino.

Aristocrat's brand new Jackpot Carnival Buffalo arrives at New Jersey's Hard Rock Bet online casino.

Aristocrat Interactive's popular game Jackpot Carnival Buffalo is now live at the Hard Rock Bet Casino in New Jersey, bringing a new buffalo-themed experience to the state's online casino players. The game combines the familiar gameplay of traditional slot machines with a rich online reward mechanis

21like·0comment5 days ago
The U.S. Senate blocked the Democratic Party's attempt to overturn the "Great Beauty Act" gambling loss tax reform.

The U.S. Senate blocked the Democratic Party's attempt to overturn the "Great Beauty Act" gambling loss tax reform.

The U.S. Senate recently blocked Democratic senators' efforts to repeal the gambling loss tax relief adjustment in the "Great Beauty Act." According to the new law, starting in 2026, the deductible gambling loss tax will be reduced from the original 100% to 90%.This tax reform has sparked strong bac

31like·0comment5 days ago
Caesars Sports Betting Launches Universal Digital Wallet in Nevada, Unifying Multi-State Funds and Reward Management Experience

Caesars Sports Betting Launches Universal Digital Wallet in Nevada, Unifying Multi-State Funds and Reward Management Experience

Caesars Entertainment announced that its mobile sports betting app operating in Nevada has been upgraded to include a universal digital wallet feature. This wallet allows players to manage funds and Caesars rewards points across 19 jurisdictions in the United States, enabling cross-state account int

34like·0comment6 days ago
Flutter invests $1.8 billion to acquire all shares of FanDuel, extending strategic partnership with Boyd until 2038.

Flutter invests $1.8 billion to acquire all shares of FanDuel, extending strategic partnership with Boyd until 2038.

Flutter Entertainment has officially announced the acquisition of the minority stake in FanDuel held by Boyd Gaming for approximately $1.8 billion (AUD 1.755 billion), securing 100% ownership of the FanDuel sports betting platform. Upon completion of this transaction, Flutter's implied overall valua

29like·0commentA week ago
Super Group announces its withdrawal from the US market, despite achieving its best historical performance in the second quarter.

Super Group announces its withdrawal from the US market, despite achieving its best historical performance in the second quarter.

The globally renowned betting conglomerate Super Group has announced its complete withdrawal from the U.S. market, despite just having experienced "the strongest quarter in its history." In its latest financial report, Super Group has raised its full-year revenue forecast for 2024 from $1.93 billion

25like·0commentA week ago
NBA gambling investigation continues to expand, Pistons shooter Beasley caught in the storm center.

NBA gambling investigation continues to expand, Pistons shooter Beasley caught in the storm center.

As the NBA Summer League is about to kick off, Detroit Pistons guard Malik Beasley remains at the center of a federal gambling investigation. According to ESPN, Beasley is the third NBA player to be investigated in recent years, following former Raptors center Jontay Porter, who was permanently bann

29like·0commentA week ago
5-Minute Guide to Understanding U.S. Online Gaming Law: Gambling, Fantasy Sports, and Esports Explained!
Video05:25

5-Minute Guide to Understanding U.S. Online Gaming Law: Gambling, Fantasy Sports, and Esports Explained!

25like·0commentA week ago
Evolution partners with Bally's to expand into the US market, launching slot machine games in Rhode Island for the first time.

Evolution partners with Bally's to expand into the US market, launching slot machine games in Rhode Island for the first time.

Evolution has announced a new partnership with Bally’s Corporation, officially entering the Rhode Island market and launching customized live dealer tables in New Jersey and Pennsylvania, marking its coverage in all seven legal online casino states in the USA.Under the agreement, Evolution will laun

29like·0commentA week ago
California Attorney General deems daily fantasy sports illegal, bans operations within the state.

California Attorney General deems daily fantasy sports illegal, bans operations within the state.

California Attorney General Rob Bonta has officially issued a legal opinion, clearly declaring that Daily Fantasy Sports (DFS) games violate current California law, regardless of whether the operators and technological infrastructure are located outside of California. This ruling targets the "draft

24like·0commentA week ago
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