Fertitta’s $7B Bet: A Casino Empire in the Making

Tilman Fertitta's $7B Bet: A Casino Empire in the Making

Fertitta’s pursuit of a $7 billion Caesars buyout could fundamentally shift the landscape of American casino gaming. Owning the Rockets puts Caesars Sportsbook in a bind, as league rules would shut out Rockets games from its betting boards entirely. A completed acquisition would sharply expand Fertitta’s casino footprint, though closing is not expected until 2027. … Read more

Mississippi Casinos: Win Big, Owe Child Support

Mississippi Casinos: Win Big, Owe Child Support

Casino players in Mississippi who owe child support could soon see their winnings withheld before collecting a dollar. Over 154,000 children across the state are waiting on unpaid support, with Mississippi sitting at the bottom of national collection rankings. A governor’s signature is all that stands between this proposal and a July 1, 2026 launch … Read more

Illinois Casinos Face Steep Tax On Pritzker’s FY2027 Budget

Gambling Tax Rate

Illinois Governor Pritzker’s FY2027 budget targets casino table games with a new tax structure that could pull in $120 million more per year for the state. Iowa’s SF 2289 moves forward, giving state regulators the authority to pursue unlicensed gambling operators for the first time while changing the tax policy. SPRINGFIELD, Ill. – Two Midwestern … Read more

CFTC Signals Strong Support for Sports Prediction Markets

CFTC Signals Strong Support for Sports Prediction Markets

The CFTC is backing regulated prediction markets and plans to introduce new rules while keeping sports event contracts permitted on federally supervised exchanges. Sports prediction platforms like Kalshi allow trading on game and season outcomes through market priced contracts instead of traditional sportsbook odds. Federal and state regulators are disputing who controls sports event contracts, … Read more

South Carolina Bill For Casinos Doesn’t Reach House Floor

South Carolina Bill For Casinos Doesn’t Reach House Floor

South Carolina legislators struck down a bill that would legalize casinos in the state on Wednesday, further pushing back the introduction of domestic gambling. Governor Henry McMaster has been on record opposing casinos in South Carolina, which is arguably the biggest hurdle in the process. COLUMBIA, S.C. – Already facing an uphill battle, proponents of … Read more

Iowa Casino Smoking Ban Goes Up in Smoke After Vote

Iowa Casino Smoking Ban Goes Up in Smoke After Vote

A three-person panel of Iowa lawmakers shot down the casino smoking ban Monday, with just one vote in favor of matching the 2008 clean air rules. Industry reps predicted financial trouble, but two dozen states running smoke-free gaming floors tell a different story about revenue. Health groups cited Iowa’s second-highest cancer rate and mandatory secondhand … Read more

Maine Voters Reject Online Casino Gambling in New Poll

Maine Voters Reject Online Casino Gambling in New Poll

Recent polling found that 64% of Maine voters reject online casino gambling. The biggest worry among respondents was kids getting onto gambling sites. Voters from all political parties opposed the measure, and about 51% said they wouldn’t be as likely to vote for legislators who support it in the 2026 elections. AUGUSTA, Maine – A … Read more

Times Square Casino Bids Fail, NY License Search Continues

Times Square Casino Bids Fail, NY License Search Continues

Two bids for casinos in Time’s Square were rejected in Wednesday’s community advisory committee votes. Caesars Entertainment and SL Green Realty Corp. failed to secure votes, leaving just one Manhattan casino proposal in the competition for a New York gaming license. Three New York casino gaming licenses will be awarded by December 1, 2025. NEW … Read more

Bill to Ban Sweepstakes Casinos in California Likely to Pass

Bill to Ban Sweepstakes Casinos in California Likely to Pass

California Assembly Bill 831 passed through the state senate. The Bill now must be voted through the CA State Senate before going to Governor Gavin Newsom. Governor Newsom is expected to sign CA AB-831 once it reaches his desk. SACRAMENTO, Calif. – California Assembly Bill 831 was voted through the CA State Senate on Monday. … Read more