Nevada

MGM Resorts Fined $8.5 Million for Role in Illegal Bookmaking Scheme

MGM Resorts International has agreed to pay an $8.5 million fine to the Nevada Gaming Control Board (NGCB), resolving allegations that the company failed to prevent illegal bookmakers from laundering large sums...

$128M Expansion Marks Halfway Point in Reno’s J Resort Overhaul

Jacobs Entertainment has announced a significant $128 million investment to expand its J Resort property and the surrounding area in downtown Reno, Nevada, pushing forward with what CEO Jeff Jacobs described as...

Federal Judge Sides with Kalshi in Nevada Prediction Market Dispute

Kalshi, a federally regulated prediction market platform, has secured a key legal victory in its battle with Nevada regulators, winning a preliminary injunction that allows it to continue operating in the state...

Ohio Issues Cease-and-Desist Orders to Kalshi, Robinhood, and Crypto.com Over Sports Betting Contracts

Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting...

Resorts World Las Vegas Settles for $10.5 Million Fine Over Illegal Gambling Activity

In a move that could shake up Nevada's gaming industry, Resorts World Las Vegas is set to pay a hefty $10.5 million fine to the state for allowing illegal bookmakers to gamble millions of dollars at the casino....

Nevada Takes Legal Action Against Kalshi Over Sports and Election Contracts

In a groundbreaking move, Nevada has become the first state to legally challenge the operations of Kalshi, a fintech company offering futures contracts on sports and election outcomes. The Nevada Gaming Control...

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

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...

Dina Titus Pushes Again to Eliminate Federal Sports Betting Excise Tax

U.S. Representative Dina Titus of Nevada has once again introduced legislation to remove the federal excise tax on legal sports wagers, a measure she argues places an undue burden on legitimate gaming operators...