Posts by Johnny K. | World Casino News

North Carolina Considers Tax Deduction for Gambling Losses

March 5, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Taxation, North Carolina

In a significant legislative move, the North Carolina House of Representatives is currently deliberating a bill that could allow state residents to deduct gambling losses from their income taxes. This proposal,...

BetMGM Announces Job Cuts at Jersey City Office Amid Sports Betting Slowdown

Johnny K.

March 5, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations, New Jersey

In a significant restructuring move, BetMGM has announced it will cut 83 jobs at its headquarters in Jersey City, New Jersey. This decision comes as the company navigates a slowdown in the sports betting market...

Parisian Gaming Clubs Set to Reopen, Extending Trial Period to 2027

Johnny K.

March 4, 2025

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, European Casino News, France

After enduring a two-month hiatus, Parisian gaming clubs are poised to resume operations from March 1, buoyed by the extension of their trial period until the end of 2027. This development follows the recent ad...

Georgia Senate Halts Sports Betting Ballot Initiative

Johnny K.

March 4, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Sports betting, Georgia

Despite strong public support and potential for significant tax revenue, a proposal to legalize sports betting in Georgia met its demise in the Senate's Regulated Industries and Utilities Committee. This decisi...

Whiskey Pete’s Casino Closure: A Three-Year Hiatus in Primm

Johnny K.

March 3, 2025

U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Casino closures, Nevada

Whiskey Pete’s, the once-bustling casino strategically placed between Los Angeles and Las Vegas, will be closing its doors for up to three years. A recent communication to the Clark County Board of Commissioner...

Macau’s Gaming Revenue Rises in February, Boosted by Chinese New Year

Johnny K.

March 3, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

In February 2025, Macau experienced a significant uptick in its gross gaming revenue (GGR), reaching MOP19.74 billion (approximately USD 2.46 billion). This marked a 6.8% increase from the previous year, driven...

DraftKings Agrees to $10M Settlement in NFT Class Action

Johnny K.

March 1, 2025

Cryptocurrency, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Technology, Fines, Lawsuits & Litigation

DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit challenging its NFT Marketplace and Reignmakers product. The lawsuit, which accused the company of offering unregistered secur...

WSOP Circuit Toronto 2025 Expands With Bigger Prizes and New Events

Johnny K.

March 1, 2025

Latest Casino and Gambling News, World Casino News, North America Casino News, Poker Tournaments, Canada, Online Poker, Poker

The World Series of Poker (WSOP) Circuit is officially set to return to Great Canadian Casino Resort Toronto in 2025, bringing an expanded schedule and a significant increase in prize pools. Running from April ...

Rush Street Interactive Reports 2024 Growth With Strong Q4 Performance

Johnny K.

February 28, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

Rush Street Interactive (RSI) has reported significant financial growth for 2024, with total revenue reaching $924.1 million, reflecting a 34% year-over-year increase. The online casino and sports betting opera...

Big Fresno Fair Halts Horse Racing for 2025, Citing Industry Uncertainty

Johnny K.

February 28, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, California, Horse Racing, Sports betting

The Big Fresno Fair has decided to postpone all live horse racing in 2025, citing ongoing uncertainties within California's horse racing industry. The fair’s Board of Directors and Fair Management announced the...

Former Trident Acquisitions CEO Indicted for Securities Fraud

Johnny K.

February 27, 2025

Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Lottery, Crime, Financial Fraud

Vadim Komissarov, the former CEO of Trident Acquisitions Corp. (TDAC), is facing serious federal charges, including securities fraud, obstruction of justice, and perjury. Prosecutors allege he orchestrated a sc...

PointsBet Board Supports AU$353M Mixi Takeover as BlueBet Challenges

Johnny K.

February 27, 2025

Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Oceania Casino News

PointsBet has received two competing takeover offers, with its board unanimously backing an AU$353 million all-cash bid from Japanese digital entertainment company Mixi. Meanwhile, Australian-based bookmaker Bl...

Kewadin Casinos to Reopen in Stages Following Cyberattack

Johnny K.

February 26, 2025

Tribal Gaming, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Data Protection, Crime, Michigan

The Kewadin Casinos, owned and operated by the Sault Ste. Marie Tribe of Chippewa Indians, are preparing to reopen after a cyberattack earlier this month forced the closure of all five locations. The reopening ...

Apollo’s IGT Acquisition Moves Forward as Mega Millions Ticket Price Increases

Johnny K.

February 26, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Lottery, Mergers, Acquisitions & Partnerships, Financial Press Releases, Nevada

International Game Technology (IGT) is undergoing a significant transformation as Apollo Global Management proceeds with its $6.3 billion acquisition of the company’s gaming and digital business. The transactio...

USA-Canada 4 Nations Final Breaks Hockey Betting Records

Johnny K.

February 25, 2025

NHL, U.S.A., Latest Casino and Gambling News, Canada, World Casino News, North America Casino News, Gaming Industry News, Online Gambling News, Sports betting

The championship game of the 4 Nations Face-Off between Canada and the United States became the most-bet hockey event in legal betting history. Canada secured a 3-2 overtime victory in Thursday night’s final, c...

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North Carolina Considers Tax Deduction for Gambling Losses

BetMGM Announces Job Cuts at Jersey City Office Amid Sports Betting Slowdown

Parisian Gaming Clubs Set to Reopen, Extending Trial Period to 2027

Georgia Senate Halts Sports Betting Ballot Initiative

Whiskey Pete’s Casino Closure: A Three-Year Hiatus in Primm

Macau’s Gaming Revenue Rises in February, Boosted by Chinese New Year

DraftKings Agrees to $10M Settlement in NFT Class Action

WSOP Circuit Toronto 2025 Expands With Bigger Prizes and New Events

Rush Street Interactive Reports 2024 Growth With Strong Q4 Performance

Big Fresno Fair Halts Horse Racing for 2025, Citing Industry Uncertainty

Former Trident Acquisitions CEO Indicted for Securities Fraud

PointsBet Board Supports AU$353M Mixi Takeover as BlueBet Challenges

Kewadin Casinos to Reopen in Stages Following Cyberattack

Apollo’s IGT Acquisition Moves Forward as Mega Millions Ticket Price Increases

USA-Canada 4 Nations Final Breaks Hockey Betting Records

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Author Johnny K.