Decentralized finance project World Liberty Financial (WLFI), which markets itself with links to the Trump family, has proposed an on-chain airdrop of its planned USD1 stablecoin to existing WLFI token holders The project had already revealed plans to launch USD1, a stablecoin it says is pegged to the US dollar and backed by cash equivalents,..

Atlantic County and the State of New Jersey have settled their legal fight over changes to the casino payment-in-lieu-of-taxes (PILOT) law The agreement, finalized on April 2, ends years of litigation and will bring the county about $59 million more than it would have received without the lawsuit The conflict began after lawmakers amended the..

The US Department of Justice has officially shut down its crypto enforcement unit, marking a shift in how federal agencies will approach digital assets The decision follows a directive from President Donald Trump’s January executive order that called for more clarity and certainty in crypto regulation In a memo titled “Ending Regulation by..

Atlantic City casinos ended 2024 with shrinking profits as rising costs and softer demand took a toll on business Combined gross operating profit across the city’s nine casinos fell over 9 percent from the previous year, according to data released by the New Jersey Division of Gaming Enforcement The total dropped to $6751 million, down from..

Attempts to ban social and sweepstakes gaming in Maryland, Arkansas, and Mississippi have failed, drawing praise from the Social and Promotional Games Association (SPGA) In a new statement, the group said these legislative efforts lacked evidence and public support “These bills shared the same fatal flaw: no facts and no foundation,” said..

The Delaware Division of Gaming Enforcement (DGE) has ordered VGW Luckyland, an Australia-based operator, to stop offering its services in the state The order followed an investigation that found the company was operating illegal online gaming under the guise of sweepstakes VGW Luckyland marketed its platform as a sweepstakes service However,..

As reported by the Bangkok Post, Thailand’s government has postponed a planned parliamentary discussion on the bill that would allow casinos inside integrated entertainment complexes The bill had been expected to reach Parliament on Wednesday but has been pushed back amid growing opposition and pressing national concerns Prime Minister..

Two major US casino trade groups have raised concerns over sports-related event contracts offered by federally regulated prediction markets The Nevada Resort Association and the Casino Association of New Jersey submitted letters to the Commodity Futures Trading Commission (CFTC), warning that these contracts could threaten their local economies..

Star Entertainment has accepted a fresh AU$300 million (US$ 18 million) rescue offer from Bally’s Corporation, after talks for a larger refinancing plan collapsed With no other bidders remaining, Star had few options left Bally’s had already shown interest in Star earlier this year The US-based casino group officially made its offer on..

Tensions between the United States and China have intensified after President Donald Trump announced a new round of tariffs, prompting China to hit back with its own The fallout is rippling across markets and industries, with US casino operators heavily exposed to Macau now facing rising pressure Morningstar Equity Research says the growing..

As trade tensions rise between the United States, China, and the European Union, some analysts believe Bitcoin could benefit from the fallout According to VanEck’s head of digital assets research, Matthew Sigel, the global response to new US tariffs may push governments and companies toward digital assets Sigel shared his thoughts on social..

Global financial markets opened the week in turmoil as Asian stocks tumbled early Monday following renewed tensions in the ongoing trade battle between the United States and China Bitcoin dropped below $77,000 during the early hours in Asia, reflecting the nervous sentiment across multiple asset classes Stock exchanges across East Asia saw..

BitMEX founder Arthur Hayes believes the global financial system is shifting away from traditional US assets like Treasuries and stocks Instead, he sees gold and Bitcoin taking on a more central role In a recent post on X, Hayes pointed to a key idea: if the US starts cutting its current account deficit and national debt—especially under a..

Under new leadership, the US Securities and Exchange Commission (SEC) is adjusting how it views stablecoins, particularly those tied to the US dollar In a fresh press release, the agency stated that dollar-pegged stablecoins that don’t offer yields don’t fall under its jurisdiction According to the SEC, these types of stablecoins are used..

Casino and gaming stocks dropped sharply following President Donald Trump’s announcement of new tariffs on most international imports The tariffs triggered immediate concern among investors, with losses seen across both land-based and online gambling companies Wynn Resorts led the decline with an 11% drop Thursday PENN Entertainment fell 10%,..

oyd Gaming has started building its new casino project in the Las Vegas Valley Executives joined Henderson City Council members to officially break ground on the development with a ceremonial shovel event The upcoming site, named Cadence Crossing Casino, will eventually take the place of Jokers Wild on Boulder Highway Jokers Wild will stay open..

As the United States pushes forward with import tariffs, some investors are asking how these moves might influence markets outside traditional finance Arthur Hayes, BitMEX co-founder and a frequent crypto commentator, believes the impact could reach Bitcoin and gold in a positive way Hayes laid out his argument in a series of posts on X, where..

Minnesota and Alabama are the latest states looking at ways to bring Bitcoin into their public finances Lawmakers in both states introduced bills on April 1 that could allow state governments to hold Bitcoin and potentially use it for tax payments and employee retirement accounts In Minnesota, the proposal is called the Bitcoin Act (HF 2946)..

A woman from Maryland lost more than $3 million in a cryptocurrency scam known as "pig butchering," a tactic that continues to target victims across the US Scammers, often based in Southeast Asia, spend weeks or months building trust before convincing people to invest large sums of money into fake crypto platforms According to CBS News, the..

Two online casinos, Lucky Tiger Casino and Rich Palms Casino, have been told to stop all gambling operations in Michigan The Michigan Gaming Control Board (MGCB) sent cease-and-desist letters after confirming both sites were offering unlicensed online games to players in the state The casinos are operated by Alistair Solutions, a company based..