USA

Photo byNavin75, via Wikimedia Commons
Michael SavioBy: Michael Savio

DraftKings, FanDuel Manage to Avoid Kentucky Crackdown

DraftKings and FanDuel used their political capital to help revise key proposals from a new Kentucky bill. The effort removed penalties for sportsbooks that offer prediction platforms, as well as a ban on the practice of limiting winning bettors.
Sports Betting
Photo by https://pxhere.com/en/photo/1170475, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Kalshi Confirms Status as Bookmaker in Trademark Filing

Kalshi’s trademark designates it as part of the sports betting industry, despite its denial of offering gambling. The operator said the move was insignificant because it would force the USPTO to accept that the industry class is relevant to Kalshi.
Sports Betting
White boxing gloves resting on a dark surface
Lucas DunnBy: Lucas Dunn

Floyd Mayweather’s “Exhibition” Comment Puts Pacquiao Rematch at Risk

Mayweather’s called the September 19 Netflix bout an “exhibition”; now he faces a breach-of-contract claim, nine-figure damages, and possible replacement.
Las Vegas
Offset Stable After Non-Fatal Casino Shooting
Grant MitchellBy: Grant Mitchell

Offset Stable Following Shooting Near Florida Casino

Monday’s shooting was sparked by a fight at the Seminole Hard Rock Hotel & Casino in Hollywood, just north of Miami, the Seminole Police Department said.
Industry
Photo by Steve Shook from Moscow, Idaho, USA, CC BY 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Wisconsin Mobile Betting Bill to Learn Its Fate This Week

Wisconsin Governor Tony Evers has promised a decision on online sports betting this week. While he has been supportive of online sports betting, he has refused to commit to signing the current effort, which would create a tribal-centric market.
Sports Betting
Exterior view of the Rio Hotel & Casino in Las Vegas, featuring the resort's iconic neon sign and blue glass tower
Lucas DunnBy: Lucas Dunn

Rio Hotel & Casino Las Vegas Changes Ownership and Appoints New Executive Team

Kennedy Lewis has taken majority control of the Rio Hotel & Casino, reshuffling ownership and sparking a sweeping leadership overhaul.
Las Vegas
Dimly lit tavern interior with a wooden bar, green bar stools, and neon Budweiser and Guinness signs
Lucas DunnBy: Lucas Dunn

Station Casinos Expands Seventy Six Tavern to Southwest Las Vegas

Station Casinos expands its Seventy Six tavern brand, bringing 24-hour dining, bar-top gaming, and happy hours to SW Vegas starting April 23.
Las Vegas
One Week to Decide on Fairfax Casino Bill
Grant MitchellBy: Grant Mitchell

VA Gov. Spanberger Urged to Reject Fairfax Casino with One Week Remaining

Once Spanberger received the bill, she had one month to sign it, veto it, or let her 30-day window expire, resulting in the bill defaulting into law.
Industry
Paramount Seeks Gulf-Backed $24B for Warner Bros. Discovery Deal
Richard JanvrinBy: Richard Janvrin

Paramount Seeks Gulf-Backed $24B for Warner Bros. Discovery Deal

Paramount is working toward securing $24B in funding from sovereign wealth funds to support its $81B Warner Bros. Discovery acquisition.
Industry
NBA logo on a wood-textured blue and red background
Lucas DunnBy: Lucas Dunn

Las Vegas Mayor Pitches Downtown Arena Sites for Incoming NBA Franchise

Las Vegas Mayor Shelley Berkley is pitching two downtown arena sites to the NBA, and she’s already lined up a Zoom call with Commissioner Adam Silver to make her case.
Las Vegas