During a rare holiday session, the Illinois State Senate approved a budget that includes a massive, and progressive, tax hike on sports betting operators. Under the terms of HB 4951, Illinois' licensed sports betting operators would be taxed on a tier based on adjusted gross revenue (AGR) with the top tiers paying 40 percent. It's…
In the dark days before regulated sports betting was legalized in the United States, there was a glaring anomaly that exposed the absurdity of the ban. Every day, every daily newspaper across the country ran a small section of betting odds that was collectively known as the "Vegas Line". That line served as the official…
The Sports Betting Alliance is going all out to prevent Illinois lawmakers from raising taxes on sportsbooks from from 15 percent to 35 percent. The group, which represent operators including BetMGM, DraftKings, FanDuel, and Fanatics Sportsbook, is mobilizing a massive e-mail campaign to its customers while simultaneously applying pressure to individual lawmakers as part of…
Late last week Virginia Governor Glenn Youngkin wrapped up the 2024 legislative session by vetoing a bill that would have permanently legalized skill games in the state's convenience stores. The move was a massive disappointment for Virginia convenience store owners, who have relied on the games for extra income since the pandemic, but they were…
A New Jersey woman is claiming that Bally's Atlantic City is refusing to pay a jackpot of more than $1.2 million that she says she won on a Wheel of Fortune slot machine. Casino officials, on the other hand, have told her that the machine was malfunctioning and that she is owed exactly nothing. The…
From the moment it was introduced in 1996, it was clear that the Wheel of Fortune slot machine was a bit of marketing genius. Now that genius is being augmented with a crossover promotional celebrating Wheel of Fortune's 8,000th episode with a Nightly Progressive Jackpot that's integrated into the show. During the week of May…
There's literally never been a better time for the US-facing gambling business than right now. In Q1 2024, American gaming operators pulled in an astonishing $17.67 billion in revenue. That marks the 13th consecutive quarter of growth for the business, according to recently released figures from the American Gaming Association (AGA). Not only did the…
The Mirage, the iconic Las Vegas hotel and casino that ushered in the age of mega-casinos, will be closing for renovations starting this July. When the hotel re-opens in 2027, it will re-emerge as the Hard Rock Hotel & Casino and Guitar Hotel, complete with a 700-foot guitar as its calling card. When the Mirage…
Legislative efforts to expand regulated gambling in the state of Alabama died earlier this week when House Bill 151 and House Bill 152 failed to reach the 21-vote threshold required to pass into law by the state senate. Though the bills overwhelmingly passed in the state legislature, senators were put off by the amended bills…
Boyd Gaming shareholders overwhelmingly rejected a proposal last week aimed at studying how the company's land-based casinos could go completely smoke-free. The motion to study the impact of a smoker-friendly casino tanked by a margin of 18.5 million votes in favor of the study and 63.6 million votes against. The effort to move towards smoke-free…
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