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BetMGM CEO Unconcerned About Cannibalization

One of the big challenges for contemporary gaming operators is how best to balance their land-based and internet-based operations. Many operators have expressed worries that online casino customers would stop going to land-based casinos and that the whole cycle would amount to something like self-cannibalization. BetMGM CEO Adam Greenblatt, however, is not concerned about cannibalization…

Kalshi Sues New Jersey and Nevada Regulators

Events predictions operator Kalshi is going to have its day in court against state gaming regulators that have banned events predictions markets in their jurisdictions. Late last week, Kalshi filed lawsuits against the the Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gamine Enforcement (DGE) Gaming Control Board (NGCB) and the New…

DFS Operators Plead Case to Illinois Lawmakers

Daily Fantasy Sports (DFS) operators are asking Illinois lawmakers to take it easy on them and not give preferential treatment to sportsbooks. The requests were made last week at a meeting of the Illinois Senate Gaming, Wagering and Racing Committee where the topic of DFS legalization was on the agenda.  Illinois lawmakers are currently considering…

Nevada Athletic Commission Suspends Two UFC Fighters for Gambling Connections

Two UFC fighters won’t be seeing the inside of the octagon for quite a while after receiving suspensions from the Nevada Athletic Commission (NAC) for their connections to illegal gambling. Jeff Molina and Darrick Minner received 36- and 29-month suspensions, along with $235 fines for their roles in the scheme. According to a report on…