Gambling
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Prediction Markets Still Dependent on Retail Traders
Posted on: May 4, 2026, 05:45h. Last updated on: May 5, 2026, 03:21h. 80%+ of Polymarket users traded under $10,000 in Q1. Only a fraction of a percent reached six-figure volumes. Category expansion is now the primary lever for user growth. While prediction markets aim to attract institutional and whale capital, retail market participants continue to drive the industry’s volume.…
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Major League Soccer’s Whitecaps Exploring Vegas Relocation
Posted on: April 27, 2026, 08:11h. Last updated on: April 27, 2026, 08:18h. MLS is reportedly exploring relocating the Vancouver Whitecaps to Las Vegas as stadium and revenue challenges intensify The Whitecaps’ current ownership group has failed to find a local buyer since putting the club up for sale in 2024 Fans held a massive “Save the Caps” rally at…
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‘Fraud-for-Fun’ Network Member Sentenced in $600K Scheme
Posted on: April 20, 2026, 05:49h. Last updated on: April 20, 2026, 05:49h. Hackers accessed DraftKings accounts using stolen login credentials Fraudsters added payment options and used small deposits to verify access Incident highlights rising risks in online betting account security A Memphis, Tenn. man has been sentenced to 30 months in federal prison for his role in the November…
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7th Proposed Vegas NBA Arena Site in Play Also Plans Casino
Posted on: April 13, 2026, 08:08h. Last updated on: April 14, 2026, 12:04h. Starr Vegas is a new $10 billion proposal for an NBA-ready arena 2 miles south of the Las Vegas Strip The 63-acre site would include a basketball arena, retractable-roof soccer stadium and a casino The project marks the seventh site currently competing to host a Las Vegas…
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Maine Tribes Win Right to Defend ‘Race-Based’ Online Gaming Law in Court
Posted on: April 6, 2026, 07:08h. Last updated on: April 6, 2026, 07:08h. Federal judge lets Wabanaki Nations defend Maine’s tribal gaming law Churchill Downs challenges tribal iGaming monopoly as unconstitutional and race-based Maine’s unique limits on tribal sovereignty complicate legal outlook A federal judge has granted Maine’s Wabanaki Nations their motion to intervene in a legal case in which…
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Commerce, Bell Gardens Consider Tax Hike to Offset California Blackjack Ban
Posted on: March 30, 2026, 07:49h. Last updated on: March 30, 2026, 07:53h. California cardroom rules threaten major revenue for local city budgets Commerce and Bell Gardens rely heavily on casino tax income Officials propose sales tax hike to offset potential financial losses Two California cities are asking voters to approve a sales tax hike after declaring a “fiscal emergency”…
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Planet Hollywood Announces First Casino Resort in Georgia
Posted on: March 24, 2026, 12:09h. Last updated on: March 23, 2026, 03:11h. Planet Hollywood’s next bet is in Georgia The company is licensing its brand for a casino resort in Tbilisi Currently, there is only one Planet Hollywood casino Planet Hollywood Resorts International is moving forward with an integrated resort casino in Tbilisi, Georgia, that will include a 50,000-square-foot…
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Macau Casinos Deliver $11.8 Billion in Taxes in 2025
Posted on: March 17, 2026, 12:51h. Last updated on: March 16, 2026, 04:04h. Macau casino revenue led to $11.8 billion in gaming taxes for the government About 83 cents of every tax dollar received by the Macau SAR Government came from gaming Macau is the world’s biggest gaming market in terms of annual revenue Macau’s gaming revenue share totaled MOP94.9…
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Bally’s Marquette Announces Opening Date
Posted on: March 10, 2026, 12:52h. Last updated on: March 9, 2026, 02:53h. Bally’s Marquette will open its new land-based casino on March 13 Bally’s Marquette is a $26.2 million brick-and-mortar gaming facility The casino replaces the longtime Casino Queen Marquette riverboat Bally’s Marquette will open the doors to its new brick-and-mortar casino later this week. A rendering of the…
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Home Depot Employee Stole $4M in Gift Cards to Lead ‘Extravagant Gambling Lifestyle’
Posted on: March 2, 2026, 06:19h. Last updated on: March 2, 2026, 06:21h. Former Home Depot employee stole 8,325 company gift cards $4 million scheme funded gambling Secret Service investigation led to federal prison sentence A former employee of The Home Depot has been sentenced to more than three years in federal prison for stealing and activating more than $4…
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