Hundreds of documents released by the Federal Insurance Deposit Corporation (FDIC) show how American financial institutions were deterred from providing services linked to cryptocurrency 175 documents that describe the FDIC's supervision of banks that use or are considering blockchain and cryptocurrency assets are included in the release FDIC’s..

The AI and business firm has formally changed its name to Strategy and revealed a new identity With Strategy now holding the largest corporate stake in Bitcoin, this change demonstrates a more focused attention to its primary objective In addition to the name change, the business unveiled a revamped website and made orange the main color of its..

Iowa senators are opposing a recent plan to stop issuing new casino licenses, arguing that the bill doesn't have enough support to move forward By a vote of 68 to 31, the bill, also known as Senate File 76, was approved by the Iowa House of Representatives If passed, it would restrict the number of casino licenses granted to 19 through 2030 and..

According to Maryland Lottery and Gaming, the state's casinos brought in a total of $1518 million in January 2025 There were some parts of the sector that saw good growth, even if this represents a little decrease of almost $15 million from the prior year Revenue from gaming operations at Maryland's six casinos came to $637 million in January,..

According to the Houston Chronicle, Texas Governor Greg Abbott has stated his support for the state's legal gambling industry's growth He stated unequivocally that he is not against internet sports betting in a podcast interview "I don’t have a problem with online sports betting," Abbott said, adding that he would be shocked if Texans..

Wyoming’s push to legalize online casino gaming has encountered a significant obstacle The state’s HB 162 bill, designed to introduce regulated online casinos, failed to advance in the Travel, Recreation, Wildlife, and Cultural Resources Committee Lawmakers did not second the motion to move the bill forward, halting its progress for..

Lotterycom is on the verge of expanding its operations beyond the US to international markets The company has dedicated resources to customize its technology platform, designed to meet the unique demands of diverse global audiences This expansion is set to generate new revenue streams, with expectations to achieve results by March..

By being fully certified to operate in Brazil's recently regulated iGaming market, BGaming has accomplished a noteworthy milestone BGaming's software and portfolio have been approved by Gaming Associates Lab (GA Lab) and Gaming Laboratories International (GLI) as completely compliant and ready for release Antonina Ivanova, BGaming’s Head of..

Evolution, a global leader in online casino solutions, has reported a remarkable 147% growth in net revenue for 2024 The company’s full-year net revenue reached €206 billion ($211 billion), and total operating revenues were €221 billion ($227 billion) Despite operational setbacks, Evolution achieved an 113% rise in adjusted EBITDA, reaching..

BetMGM's overall revenue for the year ended December 31, 2024, was $21 billion, a 7% increase over the year before But compared to the $62 million loss in 2023, the company's reported negative EBITDA of $244 million was a significant drop BetMGM blamed this on a "year of investment," even though revenue was on the rise The company's igaming..

The US Congress is working harder to develop regulations pertaining to cryptocurrency A bipartisan working group of the Senate and House of Representatives has been formed to develop legislation pertaining to digital assets At a press conference in Washington on Tuesday, President Donald Trump's designated crypto czar, David Sacks, presented his..

WazirX creditors are set to decide their financial fate in the coming weeks A critical vote will determine whether they receive their stolen crypto as early as April 2025 or potentially have to wait until 2030 The hacked Indian crypto exchange has proposed a restructuring scheme that requires approval from at least 75% of voting creditors by..

US regulators are being urged by Coinbase to establish precise rules governing banks' ability to provide digital asset services The exchange contends that financial institutions are unable to participate fully in the cryptocurrency sector due to needless regulatory obstacles Coinbase has contacted the Federal Reserve Board of Governors, the..

The Polish game producer Spribe has asked its operators and partners to check if their platforms have an unapproved version of their Aviator crash game To prevent possible legal repercussions, the corporation maintains that any illegal versions must be taken down right away The business has said unequivocally that any unapproved distribution of..

Play Anywhere and BetMGM have partnered with Monumental Sports Network (MNMT) to add gamification and real-time betting capabilities to the Monumental+ app Fans can now enjoy more interactive sports betting thanks to this partnership, which improves live streaming for Washington Wizards and Washington Capitals games Through the relationship,..

According to the Ohio Control Commission's December sports betting revenue report, there was a notable drop from November Ohio's total revenue from sports betting in December was $555 million, almost half of what the state made in November December's Numbers, Online Dominates Retail With over $566 million in sales, the state's online sports..

Wyoming’s attempt to legalize statewide iGaming is encountering significant hurdles in its legislative process The fate of House Bill 162 (HB 162), which aims to regulate online gambling, remains uncertain as the travel, recreation, wildlife, and cultural resources committee failed to advance the bill after a motion to work it received no..

In order to pave the way for future changes in government financial strategy, former US President Donald Trump signed an executive order creating a sovereign wealth fund Key financial leaders attended the signing on Monday afternoon The candidate for Commerce Secretary, Howard Lutnick, has publicly endorsed cryptocurrencies Additionally,..

Utah might set a precedent for incorporating cryptocurrencies into public finances by becoming the first state in the United States to create a Bitcoin reserve Though politicians have a limited amount of time to act due to the short 45-day legislative session, tremendous political momentum may enable the bill to pass more quickly than in other..

Coinbase (COIN) is now the biggest cryptocurrency exchange permitted to operate in the United Kingdom after formally securing its spot on the Financial Conduct Authority's (FCA) register Coinbase can now directly offer cryptocurrency services thanks to this clearance, increasing its presence in a significant financial market Keith Grose,..