Tag Archives: ReadWrite

There’s roughly 492 commercial casinos operating in the United States, with these providing jobs for many and the potential to bring in a whole lot of revenue. While Las Vegas is known worldwide as being the ‘home of casinos,’ the … Continue reading →

Wondr Nation, owned by the Mashantucket Pequot Tribal Nation, is teaming up with Sparket, a startup focused on social gaming technology. Together, they’re rolling out a new line of products under the iWondr brand, starting with a free-to-play prediction contest … Continue reading →

New Jersey Assemblyman Dan Hutchison is pushing for a ban on one of the fastest-growing trends in sports gambling called micro betting. It comes as the state pushes for more stringent gambling regulation against unregulated operations. If Hutchison’s proposal, Bill … Continue reading →

US sports-betting service BetMGM, a joint venture between Entain and MGM Resorts, just raised its full-year revenue and earnings forecast after delivering a strong performance in the first half of the year. The company reported a 35% jump in first-half … Continue reading →

PokerGO and PokerStars have announced the revival of the National Heads-Up Poker Championship, a fan-favorite tournament making its comeback after more than a decade. The event, known for intense one-on-one poker action, will feature a $25,000 buy-in and an impressive … Continue reading →

Guardians closer Emmanuel Clase has been put on paid leave until August 31 while Major League Baseball continues looking into a sports betting investigation, the league said in a statement on Monday (July 28). In a press release, the MLB … Continue reading →

Bally’s Chicago’s initial public offering (IPO), valued at $250 million, has been in limbo since its announcement eight months ago. Now, it’s moving forward after a series of lawsuits and various regulations scuppered its becoming available when Bally’s wanted it. … Continue reading →

UK gambling industry lobbyists are organizing meetings and events to schmooze ministers ahead of a feared tax rise. Despite warnings that the predicted tax hike could push as much as 28% of current British gamblers into the black market, the … Continue reading →

Rapper Jay-Z has held a committee meeting to try and secure a Caesars Palace Casino in Times Square. Jay-Z and his team spoke with SL Green and Caesars Entertainment as part of a committee meeting, pushing for approval to create … Continue reading →

The former chairman of the Mashpee Wampanoag tribe has pleaded guilty to tax fraud after not reporting $177,000 in income between 2014 and 2017. Cedric Cromwell, 60, known as Qaqeemasq (Running Bear) in the tribe’s particular language of Wôpanâak (or … Continue reading →