Nevada Approves $7.2M Venetian Fine Over Illegal Bookmaker

Nevada Approves $7.2M Venetian Fine Over Illegal Bookmaker

The commission approved the $7.2 million settlement 3-0, the sixth-highest fine ever assessed against a Nevada gaming company. Bowyer made 30 trips to the Venetian from 2019 to 2021, depositing about $22.3 million and losing at least $3.6 million. Current owner Apollo Global Management pays for conduct that occurred almost entirely under Las Vegas Sands’ … Read more

New York Mobile Sports Betting Revenue Jumps 21% To $44.5M

New York Mobile Sports Betting Revenue Jumps 21% To $44.5M

New York’s mobile sportsbooks won $44.5 million on $380.8 million in handle in the week ending Aug. 16. Revenue rose 21.4 percent from the prior week while handle grew 2.1 percent, as hold climbed to 11.7 percent. DraftKings took the state’s handle lead at $139.8 million, but FanDuel kept the revenue lead at $16.6 million. … Read more

Honda Manufacturer Odds -240 For DC Grand Prix

Honda Manufacturer Odds -240 For DC Grand Prix

Bovada has Honda manufacturer odds at -240 and Chevrolet at +180 for Sunday’s Freedom 250 Grand Prix in Washington. Honda engines won all five 2026 street races and took every podium spot at Arlington, Long Beach, Detroit and Markham. Chevrolet’s best street result this year is Scott McLaughlin’s second place at St. Petersburg in March. … Read more

Proposed CFTC Gaming Rule Sets State Bans Aside For Sports

Proposed CFTC Gaming Rule Sets State Bans Aside For Sports

The proposed rule defines gaming to capture professional sports, keeping sports contracts inside the term rather than outside it. A state gambling ban would not count as unlawful activity, because the contract settles on the game itself. Final scores, point differentials, win-loss results and season-long statistics weigh against a public interest ban on sports contracts. … Read more

Mississippi Casino Revenue Falls 0.9% To $208.7 Million

Mississippi Casino Revenue Falls 0.9% To $208.7 Million

Mississippi casinos won $208,698,868 in July, down 0.9% from $210,673,266 a year earlier. Slot win rose 0.4% to $177.3 million while table hold fell 7% to $26.3 million. Northern region revenue has fallen 7.8% through July while the Coastal region has gained 1.8%. Retail sportsbooks kept $1,625,020 of $12,998,850 wagered, down from $2,625,779 a year … Read more

Florida Sues Sweepstakes Casinos And Five Payment Firms

Florida Sues Sweepstakes Casinos And Five Payment Firms

Attorney General James Uthmeier filed two complaints Aug. 19 in Hillsborough County Circuit Court over unlicensed online casinos. Worldpay, Trustly, Yodlee, Praxis Tech and Breeze Labs face the money-forfeiture count but not the deceptive-practices count. The VGW complaint puts the company’s 2025 revenue above $5 billion, with $3.7 billion attributed to Chumba Casino. Both suits … Read more

Cantor Opens Kalshi Block Trading To Institutions

Cantor Opens Kalshi Block Trading To Institutions

Cantor Fitzgerald will act as an introducing broker for institutional-size block trades in Kalshi event contracts. Kalshi’s rules set a 25,000-contract minimum for a block and limit both sides to eligible contract participants. Blocks must be reported to Kalshi within 15 minutes and are published separately from ordinary order-book trades. Susquehanna Predictions will supply pricing … Read more

Gerrit Cole Strikeout Prop Line Set At 6.5 Against Baltimore

Gerrit Cole Strikeout Prop Line Set At 6.5 Against Baltimore

Bovada prices Cole’s strikeouts over 6.5 at even money, with the under juiced to -130. Cole has struck out 110 Orioles in 15 career starts against them, a 29.8% rate. Baltimore hitters strike out in 24.3% of plate appearances, fourth-most in the majors and above the 22.1% league rate. Cole has struck out 30.1% of … Read more

Michigan Online Casino Tax Is 24 Times Sportsbook Tax

Michigan Online Casino Tax Is 24 Times Sportsbook Tax

Michigan online casino taxes and payments have reached $3.18 billion since January 2021, roughly 24 times the sportsbooks’ $130 million. Lifetime online casino gross receipts passed $12 billion in July, hitting $12.26 billion against $2.62 billion for sports betting. Sportsbooks deducted 47% of lifetime receipts as free play before tax, against 8% at online casinos, … Read more

Nebraska Sports Betting Petitions Flagged In Fraud Case

Nebraska Sports Betting Petitions Flagged In Fraud Case

Lancaster County’s election commissioner has flagged signatures on both Nebraska sports betting petitions as potentially fraudulent. Tax Relief Nebraska filed more than 201,000 signatures for the constitutional amendment and roughly 146,000 for the companion measure. The amendment needs about 125,800 valid names, so roughly 63% of its signatures must survive verification. Nebraska validated 3,358 of … Read more