U.S. President Donald Trump used a White House meeting with cryptocurrency and financial-industry executives to press Congress to pass the Clarity Act, while prediction-market companies were left out of the event despite earlier reports that they would participate. Trump told attendees on Wednesday that Congress should pass a “fair version” of the Clarity Act, legislation designed to establish clearer definitions for digital assets and determine whether different cryptocurrencies fall under the jurisdiction of the Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission (CFTC). The meeting came one day before the CFTC was due to hold the inaugural meeting of…
Author: OnlineGamblingDaily
Vegas Ventures LLC has agreed to buy the Downtown Grand hotel-casino in Las Vegas out of receivership, with the proposed transaction awaiting court approval and Nevada gaming regulatory requirements, according to the Las Vegas Review Journal. Court-appointed receiver Paul Huygens of Province LLC filed a motion in Clark County District Court seeking approval of the sale. The buyer signed an asset purchase agreement on Aug. 13 and deposited $2.7 million into escrow, which will be credited toward the purchase price. The purchase price was not disclosed in court filings. The parties intend to close the transaction as soon as practicable…
Australia’s internet service providers have been asked to block Casea and Crown96 after investigations found the sites were operating in breach of the Interactive Gambling Act 2001, the Australian Communications and Media Authority (ACMA) said. Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 1,788 illegal gambling and affiliate websites have been blocked. More than 230 illegal services have also withdrawn from the Australian market since the ACMA began enforcing new illegal online gambling rules in 2017. The ACMA warned consumers that…
Fanatics NFL action officially intensified as the sportsbook secured a multiyear nonexclusive sports betting partnership with the football league ahead of the upcoming season kickoff. The agreement grants the company access to premium football media inventory, such as network sponsorships and in-game advertising, alongside VIP hospitality benefits and Super Bowl access. This Fanatics NFL deal arrives after previous league partnerships with FanDuel, DraftKings, and Caesars expired in March. While FanDuel and DraftKings continue discussions with league officials, Fanatics has become the first operator to finalize a new agreement. Under the terms, Fanatics Sportsbook and Fanatics Casino can now utilize official…
US federal regulators have opened a review of “mention markets,” a category of prediction market wagers tied to specific words spoken by public figures, according to two people with direct knowledge of the matter who spoke to NPR on condition of anonymity. Kalshi has removed all sports-related mention markets from its platform while the Commodity Futures Trading Commission (CFTC) conducts its inquiry, one of the sources said. These contracts allowed bettors to wager on whether a sportscaster would utter particular words during a broadcast, such as “MVP,” “ankle,” or “redshirt.” The markets have been taken down “until further notice,” with…
Bally’s Corp. could sell its development rights surrounding the Athletics’ planned Las Vegas ballpark, with an interested buyer considering the $1.1 billion mixed-use project as the company prepares to proceed with the first phase if no transaction is reached, the Las Vegas Review-Journal reported. The potential sale comes as Bally’s manages major development commitments outside Las Vegas. The company was awarded a New York gaming license in December and has already contributed more than $800 million to the project, although construction has not begun. The development is expected to cost $4 billion, and Bally’s continues to view the project as…
BetMGM has launched a new progressive jackpot feature in Michigan, giving online casino players the option to place additional wagers for a chance to win prizes across more than 200 eligible games. The BetMGM Jackpots feature allows players to place an optional $0.10 SideBet on qualifying wagers. The SideBet provides a chance to win one of four progressive jackpot tiers: Mini, Minor, Major and Mega. The Mega Jackpot currently stands at more than $618,000 and continues to increase as players participate across eligible games. The four jackpots start at $100 for the Mini, $6,000 for the Minor, $30,000 for the…
Several well-known Las Vegas shows are quietly closing their doors, including some big names and fan favorites. No show is safe. And in recent months, the Strip has seen a wave of cancellations as historic runs have come to an end. And if you’ve been waiting to see one of these productions, you might already be too late. But, you still have a few weeks to catch Mad Apple, as Cirque du Soleil is shutting down this popular Strip show following its 4-year run. Mad Apple combines acrobatics, live music, and stand-up comedy, but its final performance will be September…
Trust is the foundation of any working relationship, and in performance marketing doubly so. Everything changes on the fly, and in that kind of turbulence it’s especially important to know you can rely on your partner. This interview with Moon Partners and PPC teams unpacks the affiliate-program-and-PPC-team dynamic: how trust gets built, how to get great results and keep the partnership going long-term at the same time. You often talk about long-term partnerships. So where does a good collaboration with a PPC team start for you, what has to click at the very beginning? Maksym, Head of Affiliates, Moon Partners:…
Ireland is introducing tighter anti-money laundering (AML) controls for the gambling sector as part of the country’s first national anti-money laundering strategy, including mandatory closed-loop payments and enhanced scrutiny of cryptocurrency transactions. Under the new approach, gambling operators will be required to return withdrawals to the same account used to make deposits. The measure is intended to make transactions easier to trace and reduce opportunities for criminal funds to be moved through unrelated payment channels. The strategy also increases oversight of areas considered vulnerable to money laundering, including machine-based casino clubs. Operators will face closer checks on licensing conditions and…
Florida gaming regulators and Cape Coral police seized 60 illegal slot machines from a business posing as a bingo hall, in an enforcement action named Operation Going Downtown. The Florida Gaming Control Commission (FGCC) and the Cape Coral Police Department carried out the action at Uptown Bingo, located at 2708 Santa Barbara Boulevard, Suite 108, in Cape Coral. FGCC Commissioner Peter Cuderman said the business operated under the appearance of a licensed bingo establishment while running unlawful slot machines. “Bingo is fun, and the FGCC supports lawful play,” Cuderman said. “Unfortunately, criminals prey on Floridians by using a bingo theme on…
The producers of the Vegas show Absinthe have announced a brief, temporary shutdown later this year, using the pause to voice sharp criticism against Formula One operations on the Strip. The production inside the Spiegeltent at Caesars Palace will pause performances from Nov. 16 through Nov. 29, 2026, to complete long overdue venue repairs and refurbishments. Producer Ross Mollison broke the news through the persona of The Gazillionaire, the outrageously outspoken host character of the production. While addressing the brief closure, the announcement targeted the timing of the annual Las Vegas Grand Prix, calling the event schedule detrimental to ticket…
Atlantic City’s nine casinos generated $304.2 million in in-person casino revenue in July, up 7.1% from a year earlier and marking their strongest July performance since 2012, according to New Jersey gaming regulators. Slot revenue rose 6.2% to $226.1 million, while table-game revenue increased 9.5% to $78.1 million, according to data from the New Jersey Division of Gaming Enforcement (DGE). “At the peak of summer, Atlantic City’s casino operators realized the best single-month of brick-and-mortar gross revenue since August 2025 and the second highest such return in more than a decade,” said Brian Tyrrell, director of Stockton University’s Lloyd D.…
Bally’s Corporation reported a 20.5% increase in second-quarter revenue to $792.2 million, but a substantial quarterly loss, high debt levels and financing requirements are drawing renewed attention to the company’s major development projects, including its permanent casino in Chicago. For the quarter ended June 30, 2026, Bally’s reported a net loss of $163.98 million, with $146.1 million attributable to the company. Its net loss for the first six months of the year was about $308 million. Bally’s had approximately $4.5 billion in debt as of June 30 and recorded about $265.9 million in negative operating cash flow and nearly $229…
Baltimore Mayor Brandon M. Scott and the City Council filed separate lawsuits Thursday against prediction market operators Kalshi and Polymarket, arguing that both platforms function as unlicensed sportsbooks in violation of the city’s Consumer Protection Ordinance (CPO). The complaints, filed in the Circuit Court for Baltimore City, allege that the two companies mislead customers about the legal status of their products while offering wagers on game winners, point spreads, point totals and player propositions — categories of bets typically associated with licensed sportsbooks. Kalshi and Polymarket describe these transactions as “event contracts” traded on a peer-to-peer basis rather than house-set…
Las Vegas’ Treasure Island has ended its $200 free slot play promotion early after overwhelming demand caused long lines and chaos on the casino floor. The promotion, which launched Monday and was originally scheduled to run through Sept. 7, was available every Monday through Wednesday to both new and existing loyalty club members. “Due to overwhelming response, the offer reached its planned capacity earlier than anticipated,” a casino spokesperson said. The promotion quickly gained traction after Treasure Island promoted it through emails, app notifications, and mailers. By Tuesday, the redemption line had stretched across multiple areas of the casino floor,…
