A bill to lessen the penalty for underage gambling is being worked on by New Jersey lawmakers The new law aims to change the approach from punitive to civil by substituting penalties for criminal prosecution Instead of facing criminal charges, anyone under 21 who are discovered gambling would be subject to increasing fines under the proposed..

Due in large part to the explosive expansion of online gambling, the Philippine gaming industry is poised to surpass its 2023 gross gaming revenue (GGR) record GGR is predicted to reach PHP350 billion ($6 billion) by the end of 2024, well above the government's initial estimate of PHP334 billion and much higher than PHP285 billion in 2023 This..

The US Department of the Interior has officially placed 400 acres of Prairie Island Indian Community land in Olmsted County, Minnesota, into trust This decision strengthens the tribe’s sovereignty and creates a safety net for their gaming operations A Step Toward Sovereignty and Security The 400-acre parcel, part of a larger 1,200 acres..

President-elect Donald Trump's cryptocurrency initiative, World Liberty Financial (WLFI), is taking risks in the decentralized finance (DeFi) field in anticipation of its launch The blockchain intelligence platform Arkham's on-chain data shows that WLFI's treasury has purchased $50 million worth of DeFi cryptocurrencies WLFI’s DeFi Coin..

The Uzbek Cabinet of Ministers has taken a major step by approving new regulations for the licensing of lotteries, betting enterprises, and online gambling Following a presidential decree issued in April, the resolution was published on December 12th, opening the door for these operations to start on January 1st, 2025 The National Agency for..

Brazil’s Federal Regional Court of the 1st Region has reaffirmed the authority of Rio de Janeiro’s lottery regulator, Loterj, to oversee sports betting and online gaming within the state The court rejected a federal attempt to impose additional licensing requirements, securing the rights of state-regulated operators The court’s 6th Panel..

The three casinos in the state brought in a total of around $636 million in adjusted gaming revenue in November, according to the Virginia Lottery With $479 million, slot machines accounted for the majority of earnings, while table games contributed $157 million With about $257 million in revenue, Rivers Casino Portsmouth was the most..

By winning the 2024 Newsweek Readers' Choice Awards for Best Native American Casino and Best Overall Casino Outside of Las Vegas, Yaamava' Resort & Casino at San Manuel has accomplished an incredible feat The resort's first-ever #1 rating in the esteemed annual survey solidifies its standing as a top destination for gaming and..

Scott Sibella's career in the state's gambling sector will come to an end as a result of the tentative agreement by Nevada gaming regulators to cancel his gaming license In a deal with the former Resorts World and MGM Grand executive, the Nevada Gaming Control Board fined him $10,000 and prohibited him from returning to the industry for five..

In order to handle new national security and economic issues, macro expert Luke Gromen proposes that the US adopt Bitcoin (BTC) as a neutral reserve asset Gromen emphasized in an interview with Robert Breedlove how the United States may be forced to reevaluate its position on Bitcoin and the fiat currency system due to changing geopolitical..

The 2024 end-of-year report from Robinhood Crypto shows remarkable development and noteworthy milestones accomplished in a number of markets Robinhood Crypto has established itself as a major force in the cryptocurrency market by concentrating on growing its user base and offering more services Impressive Growth and Market Expansion Among the..

Cryptocurrency exchanges are taking important actions to ensure compliance with the Markets in Crypto-Assets Regulation (MiCA), which is about to be fully implemented in Europe The new rules will have a big effect on the market starting on December 30, 2023, especially for stablecoins Major exchanges have started eliminating stablecoins that don't..

The Advertising Standards Authority (ASA) and the Gambling Regulatory Authority of Ireland (GRAI) have partnered to enhance the regulation of gambling advertising in Ireland After it is completely formed, the new statutory agency will be in charge of licensing and overseeing gambling services in Ireland The goal of this collaboration is to ensure..

Caesars Entertainment has finalized the sale of the LINQ Promenade to a joint venture between TPG Real Estate and Acadia Realty Trust's Investment Management Platform The deal, valued at $275 million, marks a significant step in Caesars’ ongoing efforts to manage its debt Located between the Flamingo Las Vegas and Caesars’ LINQ Hotel +..

Former Thai Prime Minister Thaksin Shinawatra recently addressed an audience at the Intercontinental Hotel in Hua Hin, urging the Thai government to deepen its understanding of cryptocurrencies He highlighted the global shift toward digitization as a key reason for exploring the digital economy During his lecture, Shinawatra emphasized the..

MicroStrategy, the largest corporate holder of Bitcoin, will officially join the Nasdaq-100 index on December 23, thereby cementing the company's place among some of the most influential firms on the stock exchange, including tech giants like Apple, Microsoft, Amazon, and Alphabet The Nasdaq-100 index comprises the top 100 non-financial..

The Bank of England's regulatory body, the Prudential Regulation Authority (PRA), has urged businesses to submit thorough reports on their cryptocurrency operations The PRA asked companies to report their present and projected exposures to cryptoassets by March 2024 in a statement released on December 12 The goal of this endeavor is to influence..

EDO, a company specializing in TV outcomes measurement, has published its 2024 year-in-review, highlighting the most effective ads across various industries The review focuses on consumer engagement, ranking ads based on their ability to drive interaction In the sports betting sector, DraftKings and FanDuel emerged as the key players DraftKings..

At ten in the morning on Tuesday, December 17, in Washington, DC, the US Senate Judiciary Committee will hold a hearing on sports betting The venue for the event is the Dirksen Senate Office Building, specifically Room 226 Since the Supreme Court's 2018 ruling to repeal PASPA, sports betting has become increasingly popular nationwide, and this..

Gamblingcom Group has struck a significant deal, agreeing to acquire Odds Holdings for $160 million contingent on the performance of OddsJam and other brands through the end of 2026 This acquisition marks a key step in Gamblingcom Group's strategy to expand its presence in the online gambling industry Odds Holdings, which operates OddsJam, a..