Day: April 4, 2024
Florida Allocates Seminole Casino Money to Environmental Management Program
Florida Gov. Ron DeSantis (R) signed legislation on Thursday requiring most of the state’s money received from its Class III gaming compact with the Seminole Tribe be used for environmental initiatives. Florida Gov. Ron DeSantis signs legislation earmarking revenue received from the state’s gaming compact with the Seminole Tribe for environmental purposes. Seminole Tribal Council…
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Chicago Mayor Johnson Supports Bally’s Amid Brewing Controversies
Chicago Mayor Brandon Johnson (D) is supporting Bally’s (NYSE: BALY) even as the regional casino operator contends with headwinds that could jeopardize its $1.1 billion integrated resort project in the third-largest US city. Chicago Mayor Brandon Johnson (D). He’s supportive of Bally’s efforts to complete a casino hotel in the city. (Image: Chicago Sun-Times) In…
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FanDuel Acquisition Could Be Needed for Nevada Entry
Despite increased competition from other states, Nevada remains one of the US meccas of sports wagering, but two of the industry’s largest operators — DraftKings (NASDAQ: DKNG) and FanDuel — still don’t offer their services in the state. The FanDuel Sportsbook logo. It could take an acquisition for the company to enter Nevada. (Image: FanDuel…
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Richmond Legally Barred From Conducting Third Casino Referendum
The Richmond City Council and its mayor, Levar Stoney, desperately sought to become home to a commercial casino. Voters in the Virginia capital city, however, twice voted against the local government’s proposed casino project. Now, the city is legally prohibited from putting forward another ballot question about a casino. Richmond voters rejected two casino resort…
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Casino Shooting Suspects Caught After High-Speed Chase
Three fleeing suspects wanted for the shooting of two victims at Washington State’s Little Creek Casino were nabbed by cops on Wednesday afternoon. Washington State’s Little Creek Casino, pictured above. Two victims were shot at the casino’s garage. (Image: TripAdvisor) After shots were fired in the Shelton, Wash. gaming property’s parking garage just before 3…
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DraftKings, MGM, Hard Rock Mull Entering Brazil’s Online Betting Market
Last year, Brazil established regulatory guidelines for its online wagering market — a move that’s expected to lure some of the industry’s biggest players to Latin America’s largest economies. The Brazilian flag flying against a backdrop of the sun. DraftKings and MGM are among the US companies that could pursue online wagering licenses there. (Image:…
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