Michigan gaming regulators said Robinhood has agreed to stop allowing customers in the state to enter new sports-related event contract positions and to close remaining customer positions by October 9, as legal challenges involving prediction market operators continue in state and federal courts. “The Michigan Gaming Control Board welcomes Robinhood’s agreement to stop offering new sports-related event contracts to Michigan customers … and to close out remaining customer positions by October 9,” Lisa Keith, MGCB spokeswoman, told CDC Gaming on Wednesday. “This is a positive step for Michigan customers and for the integrity of our state’s regulated gaming market.” Under…
Author: OnlineGamblingDaily
An Iowa federal judge has denied Kalshi’s request to prevent the state from regulating its sports-related event contracts under Iowa gambling law, dealing a setback to the prediction market operator’s argument that federal commodities law pre-empts state regulation. U.S. District Judge Stephen Locher denied Kalshi’s motion for a preliminary injunction, finding that the company was unlikely to succeed on its claim that the Commodity Exchange Act expressly pre-empts Iowa gambling laws. Kalshi filed a pre-enforcement lawsuit in March after a meeting with staff for Iowa Attorney General Brenna Bird led the company to believe the state might take action against…
Illinois Republican Rep. Travis Weaver filed House Bill 5811 on September 2, seeking to repeal the state’s tax on “exchange wagers.” If passed, the bill would remove references to the prediction market tax from the Illinois Sports Wagering Act. Gov. JB Pritzker signed the tax into law in June, with the levy taking effect in July. The tax imposes a 1.75% levy on the value of any agreement, contract, transaction or swap offered, traded or executed on a prediction market or exchange tied to a sporting contest or event. The rate rises to 3.5% after 5 million exchange wagers. The…
Bet365 has confirmed the termination of 340 jobs across Stoke-on-Trent in the UK, Malta and Gibraltar. The reduction represents 3% of the gambling giant’s global workforce, which hinted that the layoffs were motivated by recent tax increases in the UK. Bet365 operates exclusively through digital channels, a structure that leaves it directly exposed to consecutive increases in UK online gambling taxation. The remote gaming duty rose from 21% to 40% in April, a change that applied to iGaming activity. A separate levy, the remote betting duty, is scheduled to climb from 15% to 25% in April 2027, with bets on…
UK Chancellor John Healey is considering an increase in Machine Games Duty on slot machines ahead of the government’s Oct. 28 budget, as the Treasury seeks additional revenue amid tight public finances, according to a report by The Times. The review follows proposals earlier this year from the Social Market Foundation think tank to double the tax on Category B machines from 20% to 40%. Such machines can have a maximum £2 ($2.71) stake every 2.5 seconds. “Increases in gambling taxes are definitely on the table again,” a government source told The Times. The source also suggested that adult gaming centres…
The U.S. 10th Circuit Court of Appeals has denied Kalshi’s emergency motion for an injunction pending appeal, allowing Utah to enforce its gambling laws against the prediction market operator and potentially take legal action over its sports event contracts. The ruling marks another legal setback for Kalshi, which sued Utah in February seeking to prevent the state from enforcing its anti-gambling laws against the company’s event contracts. The appeals court’s decision came a little more than one month after U.S. District Judge Robert J. Shelby rejected Kalshi’s request for a preliminary injunction. In denying the emergency motion, the 10th Circuit…
Armenia will require telecommunications operators to block unlicensed online gambling and lottery websites starting February 8, 2027, under new rules from the State Revenue Committee (SRC). State news agency Armenpress reported that the SRC is developing the measures as part of a wider reform package intended to tighten oversight of illegal gambling operators. The provisions revise existing sections of the Law on Regulation of Gaming Activities governing the blocking of unlicensed operators that offer online gambling and lottery services. Telecommunications operators will carry out the blocking once the rules take effect. The SRC said the changes are necessary because offshore…
Caesars Sportsbook has asked a federal judge to dismiss a lawsuit brought by the Cayuga Nation over mobile sports wagers allegedly placed from within the tribe’s reservation, arguing that federal tribal gaming law does not provide the Nation with a claim against a private sportsbook. In an August 17 motion, Caesars contends that the federal Indian Gaming Regulatory Act does not permit the type of claim filed by the Cayuga Nation. The company argues that because the Nation has no Class III gaming compact with New York, there was no compact or agreement that Caesars could have violated. Caesars also…
San Antonio could become the latest Texas city to ban eight-liner machines, joining nearly a dozen municipalities that have already prohibited the devices following a 2022 court ruling and the state’s Supreme Court declining further review in 2024. The 2022 ruling, issued by a Texas appeals court, determined that eight-liners function as unconstitutional illegal lotteries. When the Texas Supreme Court declined to hear an appeal of that decision in 2024, the ruling remained in effect, opening the door for cities across the state to pursue local prohibitions on the machines and the game rooms that house them. District 5 Councilwoman…
Nearly nine in 10 licensed British gambling websites appear to breach general data protection regulation (GDPR) rules, according to a study by Swansea University’s GREAT Centre. The study examined 624 gambling websites and focused on cookie banners, which ask users whether they consent to having their data collected and shared, The Guardian reported. Nearly a quarter, or 24%, of the sites did not provide an option to disable tracking software used to monitor users and deliver targeted advertising. These included Hollywood Bets, a sponsor of Brentford FC, and Admiral Casino. Two-thirds of the websites began collecting user data before consent…
The city of Springfield has sued MGM Resorts International over alleged failures to meet commitments tied to its Massachusetts casino, escalating a two-year dispute that also involves MGM’s proposed sale of the property’s gaming operations. The lawsuit, filed Thursday, alleges MGM Springfield is operating with substantially fewer gaming positions and employees than outlined in its host community agreement with the city. The casino currently has 1,600 slot and video gaming machines and 50 table games, compared with commitments for more than 2,800 machines and at least 75 table games. MGM employs about 1,500 people in Springfield, including roughly 1,000 full-time…
The Belgian Council of State has suspended the 15-year Brussels casino licence awarded to Napoleon Games after current licence holder Viage challenged the decision. Viage argued that the award failed to comply with the selection criteria, lacked sufficient reasoning, and contained manifest errors in assessment, The Bulletin reported. It also raised a potential conflict of interest involving Brussels mayor Philippe Close, who sits on the board of directors of Anderlecht football club, one of Napoleon Games’ key partners, and did not recuse himself from the meeting on the contract award. The Council of State ruled in Viage’s favour on its…
South Florida Motorsports (SFM) and Hard Rock International have signed a new multi-year naming rights agreement that will rename the Miami event to the Formula 1 Hard Rock Miami Grand Prix, the companies announced on Tuesday. The partnership takes effect with the race’s sixth edition, scheduled for 2027, with the date to be announced. Hard Rock first joined the event as a Founding Partner at its inaugural race in 2022. The hospitality and entertainment company has held naming rights to Hard Rock Stadium, home of the NFL’s Miami Dolphins, since 2016. The stadium sits at the center of the Miami International…
Yaamava’ Resort & Casino at San Manuel and Palms Casino Resort have won six top rankings in the 2026 USA TODAY 10Best Readers’ Choice Awards. Yaamava’ was named Best Casino Outside of Las Vegas, Best Casino Hotel, Best Casino Restaurant, Best Casino for Slots, and Best Players Club. Palms won Best Casino in Las Vegas for the third consecutive year. The properties were nominated by a panel comprising USA TODAY and 10Best.com editors, industry contributors, and other Gannett media sources. Winners were selected through nationwide public voting. The awards come as Yaamava’ marks its 40th anniversary. The Southern California property…
Wohl & Fruchter LLP has renewed its investigation into the proposed $17.6 billion acquisition of Caesars Entertainment by Fertitta Entertainment after a regulatory filing disclosed a higher takeover offer from the Icahn Group. The proposed transaction values Caesars at $31 per share in cash. However, a definitive proxy filed by Caesars with the U.S. Securities and Exchange Commission on August 25 showed that the Icahn Group submitted a $34-per-share cash bid during the go-shop period. “Among other things, the proxy provided details concerning the discussions between the Caesars board and the Icahn Group after the Icahn Group submitted a bid…
Fontainebleau Las Vegas has expanded its high-limit slot offerings with a renovated lounge featuring 135 machines and jackpots of up to $5 million. The revamped high-limit slots lounge brings Fontainebleau’s total slot inventory to 1,325 machines. A new direct walkway alsoTo connects the area with the resort’s high-limit table games lounge. The expansion includes three Aristocrat Gaming Dragon Link machines with jackpots reaching $5 million. Seven additional games offer jackpots of up to $1 million, including Phoenix Link, Lightning 10 Year Storm, and Monopoly Big Board Bucks. The opening comes ahead of a $150,000 promotional giveaway on September 12.Fontainebleau Rewards…
