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Not everything will be better about this year’s upcoming Las Vegas F1 race. While construction issues have been greatly reduced, and the process of preparing for the crowds has gone much more smoothly, the financial return for MGM Resorts and Caesars Entertainment is expected to be much less than the inaugural event. During quarterly earnings
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With the upcoming US presidential election just days away, political prediction markets have gained extraordinary momentum, capturing the attention of both investors and bettors nationwide. This election cycle has seen a rapid rise in platforms like Kalshi, Polymarket, and PredictIt, where political futures contracts allow users to wager on electoral outcomes. Prediction markets, often structured as
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As New Hampshire explores expanding its charitable gaming operations, slot machines could become a new feature in the state’s casinos, potentially matching the slower gameplay of historical horse racing (HHR) machines. Exploring new gaming avenues: Currently, New Hampshire’s gaming halls leverage HHR machines as a legal workaround to offer slot-style gaming without directly implementing traditional slot machines. These
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The Colorado Division of Gaming on Friday announced that applications are now available for its Responsible Gaming Grants, intended for nonprofit organizations and entities that support initiatives promoting responsible gaming, community development, and other gaming-related projects. “We are excited to accept applications and look forward to supporting innovative projects that promote responsible gaming in Colorado,” said Christopher
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Sin City is full of amazing things to do! However, not all Las Vegas attractions live up to the hype. We have put together a list of the top overrated attractions in Sin City, using data from Las Vegas message boards, groups, and travel sites! [embedded content]   While visiting Sin City, most people have
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Nonprofits promoting responsible gambling practices in Colorado have a new opportunity to secure funding, as the Colorado Division of Gaming recently opened applications for its 2025 Responsible Gaming Grants. This grant program aims to support organizations and projects that address issues like gambling addiction, provide educational resources, and advocate for responsible gaming across the state.
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In a recent enforcement surge, the Bureau of Immigration (BI) conducted a targeted operation in Muntinlupa City, Philippines, leading to the arrest of eight foreign nationals who now face deportation due to their illegal status and engagement in unlawful activities. The operation, carried out on October 22, targeted individuals residing unlawfully within the prestigious Ayala Alabang Village. A coordinated
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View image in fullscreen Trump’s lead over Harris in betting market erodes as platforms tighten odds Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app Betting markets have narrowed significantly on the eve of Tuesday’s presidential election, eroding Donald Trump’s lead over Kamala Harris as Americans cast
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Voters across several U.S. states will cast ballots on various gambling-related measures on Tuesday, from expanding casino licenses to legalizing sports betting. The ballot questions could shape the future of gaming and its tax revenue distribution in Arkansas, Missouri, Colorado, Virginia, and Maryland. Arkansas voters will decide on two gambling-related issues. Issue 1 proposes expanding the
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Caesars Entertainment has announced that they have entered into an agreement to sell the popular LINQ Promenade. The buyers appear to be a joint venture company that will be formed between TPG Real Estate and the Investment Management Platform of Acadia Realty Trust for $275 million. The LINQ Promenade is a high traffic, 1,200-foot-long corridor
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Lottomatica, Italy’s leading lottery and online gaming operator, has achieved a significant milestone in its domestic market, securing 30% of the Italian online gambling market share following its recent acquisition of SKS365. The acquisition, completed in November 2023, included the popular online gaming site PlanetWin365, expanding Lottomatica’s reach in both sports betting and iGaming. This
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The UK gambling industry recently navigated potential financial upheaval with the announcement that the autumn budget would not implement the anticipated increases in gambling duties. This decision is welcomed by the sector, particularly as it continues to support substantial economic activities and national sports. Stable taxes support industry growth: Grainne Hurst, CEO of the Betting and
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View image in fullscreen Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos Labour’s links to gambling industry questioned again after decision not to raise tax rate for online gaming Rachel Reeves has been criticised over a “missed opportunity” to raise £900m from online casinos in her first budget as chancellor, amid concerns about
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Global betting company 1xBet has announced its participation in SiGMA Europe 2024, taking place November 11-14 at the Mediterranean Maritime Hub in Malta. At booth 2154, the company will welcome guests, share insights on market prospects, and present the opportunities of the 1xPartners affiliate program. The booth will feature cocktails and entertainment, including digital football and a
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