Casino revenue in Detroit saw modest growth in May 2025, with the three main operators showing a slight uptick year-over-year However, retail sports betting continued to underperform despite a small month-over-month improvement Good to know Detroit’s three casinos reported $114 million in total revenue for May MGM Grand Detroit..

Illinois is bringing a new betting tax structure into effect, and DraftKings is preparing to respond The company has made it clear that the added financial pressure from lawmakers is pushing it to reconsider how it operates in the state Good to know DraftKings plans to take action soon in response to new Illinois betting taxes The..

Robert Kiyosaki is once again sounding the alarm The Rich Dad Poor Dad author issued a sweeping warning on social media, linking rising unrest in the US with a deeper financial breakdown He urged people to protect themselves with gold, silver, and bitcoin Good to know Kiyosaki calls the current period a “Fourth Turning,” a time of..

Crypto exchange Gemini is taking its first official step toward going public Backed by Cameron and Tyler Winklevoss, the company has filed confidential paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering Good to know Gemini filed a confidential draft with the SEC for its upcoming IPO The..

With its 2025 Annual Meeting of Shareholders approaching, Penn Entertainment has issued a firm response to a recent report from Institutional Shareholder Services (ISS) The company addressed the nominations, board strategy, and a long-running dispute with HG Vora Good to know Both Penn and HG Vora support Johnny Hartnett and Carlos..

Cathie Wood, the CEO of ARK Invest, believes Bitcoin is positioned to push higher, supported by its strength against traditional assets and recent changes in the regulatory environment Her comments came during a recent YouTube update, where she shared a broader view on both Bitcoin and the overall financial sector Good to know Bitcoin..

Coinbase is rolling out a full-scale fix for one of its longest-standing customer complaints—unexpected account freezes The company says it has already reduced unnecessary freezes by 82%, thanks to better machine learning models, new in-app features, and changes in how restrictions are reviewed and resolved CEO Brian Armstrong addressed the..

Jonathan Mann, known for his long-running “Song A Day” project, turned a personal financial disaster into his latest musical release After selling his entire back catalog as NFTs for around $3 million, Mann saw his windfall disappear as crypto markets collapsed In a song shared on X, he explained how the unexpected tax consequences and the..

Strategy, the firm formerly known as MicroStrategy, is planning to raise nearly $1 billion to expand its Bitcoin holdings even further The move comes through a preferred stock offering aimed at attracting investors with steady returns while continuing the company’s long-term focus on Bitcoin accumulation Good to know Strategy is..

Codere Online has cleared a major hurdle that had put its Nasdaq listing at risk After filing its overdue annual report for 2024, the company is now officially back in compliance with Nasdaq’s reporting requirements Good to know Codere Online filed its 2024 annual report with the SEC on June 2 Nasdaq confirmed that Codere Online..

Japan is taking serious steps to crack down on online gambling Lawmakers in the House of Representatives have passed a bill that would ban the operation and promotion of online casino websites in the country The proposed changes revise existing legislation aimed at tackling gambling addiction and are expected to pass into law by the end of the..

Hong Kong is preparing to expand its digital asset offerings with the launch of crypto derivatives trading, but only for professional investors The move reflects the city’s broader aim to become a leading digital asset hub by introducing more advanced financial products within a regulated environment Good to know Trading will be..

Thailand is moving ahead with its plan to build a large casino-entertainment complex, positioning it as a key engine for economic growth The Finance Ministry expects the project to raise GDP by up to 08% once operational Good to know The complex could generate 100–200 billion baht in tourism revenue annually Casino operations will..

Rampart Casino is preparing to launch its new high-limit gaming room on July 3 as the final step in a $75 million property-wide renovation The updated space adds a luxury touch to the Summerlin resort, which has already upgraded its casino floor, hotel, dining, spa, and event areas Good to know The new high-limit room covers 50,000..

US Securities and Exchange Commission Chair Paul S Atkins is moving quickly to reshape crypto oversight Speaking in Washington, DC on June 3, Atkins told the Senate Appropriations Subcommittee that the SEC will build a clear set of rules for crypto markets to protect investors and encourage responsible innovation Good to know SEC’s..

The legal dispute between KalshiEx LLC and Nevada gaming regulators has drawn more attention as the Nevada Resort Association (NRA) received court approval to step into the case The group now has a chance to defend the position of its member casino resorts amid growing debate over whether federal regulation can override state gaming..

Fennica Gaming, a B2B supplier owned by Veikkaus, has received a Gaming Related Vendor Licence from the General Commercial Gaming Regulatory Authority (GCGRA) in the United Arab Emirates The company now joins a select group of online gaming suppliers officially licensed in the region, alongside Aristocrat and EQL Games Good to know..

Jake’s 58 Casino Hotel is undergoing a major transformation that could reshape the entertainment scene on Long Island Located in Islandia, New York, the casino has kicked off a $210 million upgrade that will nearly double its footprint and expand its offerings A recent video shared on Instagram offered a glimpse into the construction activity..

Illinois will soon add a new casino to its lineup A brand-new Hollywood Casino is set to open in Joliet on August 11, offering an upgraded experience for gamblers in the Chicago metro area The $185 million project replaces the existing Hollywood Casino, which has operated in the city since 1992 Good to know The new casino will feature..

MIXI Australia has returned with a stronger takeover offer for PointsBet, now valued at $402 million AUD ($260 million USD), overtaking a competing bid from Betr Entertainment The new proposal raises the offer to $120 per share, reflecting a 446% premium on PointsBet’s closing price from February 25 Good to know MIXI’s latest offer..