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Atlantic City Casino Profits Shrink in 2025, Bally's Posts Loss
1+ hour, 59+ min ago (336+ words) The profitability of the Atlantic City casino industry is shrinking, as inflationary and discretionary consumer spending pressures have made operating a resort property down the New Jersey shore increasingly difficult. The New Jersey Division of Gaming Enforcement reports that net…...
Suspicious Trading Activity on Polymarket Ahead of Ceasefire
3+ hour, 36+ min ago (407+ words) An analysis of publicly available blockchain data linked to the Polymarket prediction market shows that at least 50 trading accounts were created just before President Donald Trump announced a two-week ceasefire with Iran. Polymarket is a crypto-based prediction market that's licensed…...
Durango Casino is Swapping Italian for Tacos, Nobody's Perfect
16+ hour, 20+ min ago (553+ words) The booming locals casino, Durango Casino & Resort, is opening a new taco restaurant in its Eat Your Heart Out food court, Villa's Tacos. Villa's Tacos will set up shop in the space where the short-lived Fiorella Pasta Bar used to…...
Illegal Gambling Firms in PA Agree to $5 M Forfeiture, Dissolution
20+ hour, 6+ min ago (449+ words) Two companies in Pennsylvania that claimed to develop and distribute skill games across the commonwealth have pleaded guilty to felony charges and agreed to pay a multimillion-dollar settlement and wind down their businesses. On Wednesday, Pennsylvania Attorney General Dave Sunday…...
Truck Driver Wrongfully Arrested in Peppermill Facial Recognition Blunder Says "Thousands" Detained in Similar Cases
19+ hour, 40+ min ago (400+ words) Lawyers for a man wrongly arrested at Reno's Peppermill Casino after an AI facial recognition misidentification say poor training has led police to unlawfully detain "thousands" in similar cases. In September 2023, truck driver Jason Killinger was flagged as a "100% match…...
Prediction Markets, Sports Betting Blurring Lines with Investing
20+ hour, 31+ min ago (286+ words) Charles Schwab (NYSE: SCHW), one of the largest brokerage houses, is warning that online sports betting and prediction markets increasingly blur the line between wagering and investing with potentially ruinous consequences for those that can't see the difference. Charles Schwab,…...
Billionaire Kenneth Dart Gobbling Up Flutter Entertainment Stock
23+ hour, 11+ min ago (522+ words) Kenneth Dart, the heir to the Dart Container fortune, has been quietly amassing a sizable stake in Flutter Entertainment (NYSE: FLUT). In a series of transactions commencing in September 2025, Dart built a stake in the Fan Duel owner that now…...
La Liga Announces Partnership with Polymarket in U. S. and Canada
1+ day, 9+ min ago (372+ words) In yet another twist on the Polymarket-in-Canada front, La Liga has announced it is the first European soccer league to partner with the prediction market company in the United States and Canada. La Liga, Spain's top professional football league, led…...
Diller, MGM Reach Voting Agreement, IAC Influence Capped
1+ day, 20+ min ago (319+ words) Barry Diller's IAC/Inter Active Corp (NASDAQ: IAC) and MGM Resorts International (NYSE: MGM) reached a voting agreement under which the media company's influence, in certain circumstances, will be limited at the casino operator. In simple terms, IAC, which is…...
North Carolina GOP Donor Bob Luddy Urges Against Casinos
1+ day, 14+ min ago (438+ words) A prominent Republican businessman in North Carolina is voicing his opinion that lawmakers in the state capital of Raleigh should oppose efforts to authorize casino gambling off tribal lands. Bob Luddy is a familiar name in the Tar Heel State…...
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