Casino News
24 stories from 5 sources
UPDATE: Rio Las Vegas Responds to Why 17 Tourists Were Trapped in an Elevator for an Hour
UPDATE: On Thursday afternoon, Casino.org received the following response from the publicity company representing Rio Las Vegas: “The elevator company responsible for servicing was called immediately and their response time was estimated to be less than thirty minutes. A guest in the elevator contacted the Fire Department and they were on scene 23 minutes after […] The post UPDATE: Rio Las Vegas R
Family of Slain Sex Worker Sues Palms Casino for Failing to Prevent Her 2024 Murder
The family of Larissa Garcia has filed a wrongful death lawsuit against the Palms Casino Resort and an alleged madam, claiming they failed to prevent her 2024 strangulation and sexual assault The lawsuit alleges the Palms facilitated escort activity and ignored audible distress signals, while also accusing agency owner Jodi Mattinson of human trafficking and […] The post Family of Slain Sex Worker
Bragg Boosts Games-First Strategy with Drayton Acquisition
Drayton is a gaming technology and content platform Gaming entrepreneur Matt Davey assumes 10% stake in Bragg with Drayton deal Q1 2026 financial results led by 33.3% year-over-year revenue increase in Brazil Bragg Gaming Group, the Toronto-based igaming content and platform technology provider, today announced it has acquired Drayton International, a gaming technology and content […] The post Bra
Tema Planning a Prediction Markets ETF of its Own
Tema’s filings is a departure from other proposed prediction market ETFs The issuer wants to launch an ETF focusing on companies with prediction markets exposure The ETF will be actively managed Tema ETFs, an upstart issuer of exchange traded funds (ETFs), threw its hat in the prediction market ETF ring with a filing for the […] The post Tema Planning a Prediction Markets ETF of its Own appeared f
President Trump Buys DraftKings, Red Rock, Sells Other Gaming Stocks
The president’s first-quarter financial disclosure indicates he bought DraftKings and Red Rock Resorts, among other gaming stocks He sold some gaming positions, too The report details more than 3,600 transactions Financial advisors to President Trump were certainly busy in the first quarter and that includes buying and selling of some gaming stocks. In the president’s […] The post President Trump
DraftKings Hit with ‘Sell’ Rating on ‘Dramatic’ Prediction Markets Threat
BNP Paribas initiated coverage of DraftKings with an equivalent of a “sell” rating Analyst Charlie Muir-Sands cites the prediction markets threat He’s the only sell-side analyst to rate the gaming stock a “sell” DraftKings (NASDAQ: DKNG) eked out a small gain today despite an analyst initiating coverage of the sports betting stock with his firm’s […] The post DraftKings Hit with ‘Sell’ Rating on ‘
Caesars Stock Bounces on News Banks Are Arranging Financing for Fertitta Takeover
Report suggests banks are working on up to $5 billion in financing Fertitta would use to acquire Caesars Entertainment That’s in addition to an equity component of as much as $3 billion Morgan Stanley is reportedly one of those banks Shares of Caesars Entertainment (NASDAQ: CZR) settled higher by 1.38% today on volume that was […] The post Caesars Stock Bounces on News Banks Are Arranging Financin
Abu Dhabi Announces Site for World’s Second Sphere
Abu Dhabi confirmed Yas Island as the location for the world’s second Sphere, a $1.7 billion project set to serve as a “global platform for Emirati culture” The 20,000-capacity venue, scheduled for completion by the end of 2029, will utilize the same immersive tech as the Las Vegas landmark Under a 25-year franchise agreement, DCT […] The post Abu Dhabi Announces Site for World’s Second Sphere app
Colorado Approves Sports Betting Reform Bill: What Changes?
Colorado’s sports betting market is poised for change Proposed regulations include six deposits per day Sports betting ads during the day and evening could also end Lawmakers in Colorado have raised a bill to overhaul the state’s online sports betting industry. Should Gov. Jared Polis (D) sign Senate Bill 131, a series of new rules […] The post Colorado Approves Sports Betting Reform Bill: What Ch
Local Group Pushes to Block Vancouver Whitecaps Move to Las Vegas
Government and First Nations come together to issue joint statement Billionaire looking to buy the MLS team and move it to Las Vegas Stadium plans in works for Hastings Park location The City of Vancouver, First Nations, the British Columbia government and the crown corporation that owns BC Place issued a statement today reiterating their […] The post Local Group Pushes to Block Vancouver Whiteca
Better Markets: ‘Hard to Believe’ Supreme Court Wants CFTC to Regulate Sports Betting
Public policy group says PAPSA decision made sports betting a states’ rights issue Group believes that with prediction markets, CFTC is attempting to regulate sports wagering while excluding states Says it’s “obvious” prediction markets offer sports betting Today marks eight years since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), […] The post Better Ma
Las Vegas-Based Allegiant Outlays Business Strategy Following Sun Country Acquisition
Allegiant Airlines’ Las Vegas presence is expanding with Sun Country Allegiant acquired Sun Country for $1.5 billion Allegiant executives are currently focused on stability — not further growth Las Vegas-based Allegiant Airlines is expanding its presence at Harry Reid International. This week, Allegiant closed its $1.5 billion cash and stock acquisition of Sun Country Airlines. […] The post Las Ve
New Centralized Self-Exclusion Tool Goes Live in Ontario
New, dedicated website where people can opt out of all regulated sites BetGuard goes live today 44 licensed operators, 76 gaming websites currently live in Ontario BetGuard, iGaming Ontario’s (iGO) new centralized self-exclusion tool for the province’s regulated igaming market, is now live and accessible for Ontario players. One Centralized Access Point BetGuard is a […] The post New Centralized S
Kalshi Has Earned $35 Million From Parlays While Arguing It’s Not a Sportsbook
Kalshi has made $35 million this year alone on grouped sports event trades Prediction markets critics say such trades constitute parlay sports betting Kalshi refutes claims that the prediction market is essentially operating as an unlicensed sportsbook by facilitating sports event contract trading. A new report suggests the online exchange has nonetheless made tens of […] The post Kalshi Has Earne
Alberta’s Gaming Push Gains Momentum with IBIA Integrity Partnership
Alberta regulated igaming market set to go live July 13 IBIA will monitor licensed operators for suspicious betting activity 28 igaming operators have registered or have commenced registration as of May 1 Alberta is locking down its market integrity ahead of its July 13 launch, officially licensing the International Betting Integrity Association (IBIA) to monitor […] The post Alberta’s Gaming Push
Healthcare Group: Prediction Markets, Sports Betting Weigh on Mental Health
Baptist Health South Florida says prediction markets, sports wagering can have mental health consequences Accessibility is part of the problem May is National Mental Health Awareness Month May is National Mental Health Awareness Month and one healthcare organization is taking the opportunity to call attention to the mental health consequences associated with prediction markets and […] The post Hea
Former Texas Lottery Director Briefly Indicted After $95M Jackpot Scandal
Texas Lottery scandal deepens after former director briefly indicted Syndicate spent $25 million printing tickets across Texas in 72 hours Investigations ordered by Texas leaders still have produced no public findings The former director of the now-defunct Texas Lottery Commission, blamed by many for a European gambling syndicate’s controversial $95 million Lotto jackpot win, was […] The post Form
Sweepstakes Casinos Avoid Oklahoma Ban After Gov. Stitt Vetoes Bill
A bill to ban sweepstakes casinos in Oklahoma has been vetoed Gov. Kevin Stitt found the bill’s language too broad and vague Chalk up another win for the sweepstakes casinos. Unregulated online casino websites and apps will remain accessible in Oklahoma after Gov. Kevin Stitt (R) vetoed Senate Bill 1589. The Oklahoma State Legislature’s website […] The post Sweepstakes Casinos Avoid Oklahoma Ban A
Ex-Jacksonville Jaguars Employee Who Stole $22M Forced Into Arbitration Against FanDuel
Federal judge sends Amit Patel’s FanDuel lawsuit into private arbitration Ruling centers on arbitration clause Patel accepted during FanDuel signup Private proceedings shield FanDuel’s VIP marketing practices from public discovery A federal judge has ruled that a case brought against FanDuel by a man who embezzled $22 million from the Jacksonville Jaguars to fund a […] The post Ex-Jacksonville Jag
Vanderpump Hotel’s Vegas Rebrand to Become Bravo Series
Bravo has greenlighted Vanderpump Rules: Lisa Las Vegas, a reality series documenting the rush to open the Strip’s first celebrity-branded casino in 30 years The Vanderpump Hotel marks Lisa Vanderpump’s fourth Las Vegas venue, joining her restaurants and bars at Caesars Palace, Paris, and the Flamingo The series will culminate in the hotel’s celeb-studded grand […] The post Vanderpump Hotel’s Vega
Las Vegas Tourism Board Approves Nearly Half a Billion in Marketing Contracts
The LVCVA authorized $464 million in marketing contracts, with potential extensions pushing the total investment past $815 million Longtime partner R&R Partners secured the largest share ($309M) to continue managing the city’s global brand and creative strategy The spending plan diversifies efforts across social media, influencer marketing, and cinematic content to help make Las Vegas […] The post
Sports Betting ETF, Bitcoin Surprisingly Joined at the Hip
Bitcoin and the Roundhill Sports Betting & iGaming ETF are surprisingly highly correlated Research indicates the ETF can be a tell about near-term Bitcoin moves Some say the linkage dismisses the notion that Bitcoin is a safe-haven asset It’s probably not something market participants had on their investing bingo cards, but data indicate the Roundhill […] The post Sports Betting ETF, Bitcoin Surpr
Former Federal Prosecutor Gets Slap on the Wrist For Stealing IDs to Gamble Online
A former federal prosecutor has pleaded guilty to five counts of identity theft Monica Dillon used the stolen identities to gamble online Dillon has been handed a pretrial diversion program that avoids jail and major fines A former federal prosecutor who stole the identities of five people to gamble online won’t serve a day in […] The post Former Federal Prosecutor Gets Slap on the Wrist For Steal
Cathie Wood’s ARK Boosts Kalshi Stake in Recent Funding Round
Kalshi recently raised $1 billion at a $22 billion valuation The ARK Venture Fund participated in that funding round The fund increased its stake in the prediction market operator Cathie Wood’s ARK Investment Management is bullish on Kalshi and is putting capital up to cement that view, having participated in the prediction market operator’s most […] The post Cathie Wood’s ARK Boosts Kalshi Stake