Rebranding Catfish Bend Casino and FunCity Resort Following Elite Acquisition
Burlington, Iowa’s Catfish Bend Casino and FunCity Resort is undergoing a name change. The arrangement between Iowa-based Elite Casino Resorts and businessman Randy Winegard to buy Catfish Bend and FunCity was covered by Casino.org in August. Since both companies are privately held, the terms of the acquisition were not made public. ALSO READ: Kalshi claims […]
Source: NCAA Is Taking Too Long to Let College Students Bet on Professional Sports
The NCAA has a long way to go before a deadline of 5 p.m. ET on Friday to revoke a regulation that would otherwise permit college players to wager on professional sports, a source tells CNN Sports. According to the source, 188 Division I institutions have filed the necessary papers to request the rescission as […]
Tribal Casinos: Promoting Opportunity and Economic Development Both on and Off Reservations
In the past, American Indians living on tribal territory have experienced some of the worst economic circumstances in the country. In 1989, the percentage of American Indians living in poverty was 31%, which was significantly higher than the 13% national poverty rate at the time. According to joint U.S. Census Bureau and university research, the […]
Workers demand union recognition at Wilton Rancheria’s Sky River Casino.
Workers at Elk Grove’s Sky River Casino claim that their attempt to form a union is being unfairly delayed. On Tuesday, union organizers and employees went to the Wilton Rancheria Tribe’s offices to submit a letter pleading with them to acknowledge their union. They revealed that soon after they arrived, they were ordered to leave. […]
The newest sports betting company to enter prediction markets is Fanatics.
The newest sportsbook to adopt the prediction markets approach is Fanatics. Fanatics will start accepting event contracts “within the next couple weeks,” CEO Michael Rubin told CNBC on Thursday. Fanatics is entering the competition shortly after DraftKings and FanDuel introduced their prediction market offerings. The Commodity Futures Trading Commission (CFTC)-regulated Crypto.com was apparently in negotiations […]
Casinos are driving improvements in Indian country economies, according to the Census Bureau.
The Indian Gaming Regulatory Act (IGRA), passed by Congress in the 1990s, allowed for the enormous expansion of casinos on tribal territories, which had a significant economic impact. According to a recent study conducted by the Census Bureau, Johns Hopkins University, and the University of California, Los Angeles (UCLA), 31% of persons residing on tribal […]
Michigan iGaming Revenue Soars To Record-Setting $278 Million In October
The Michigan Gaming Control Board recaptured the record for a single-state, single-month adjusted revenue total on Tuesday, reporting an all-time monthly high of $278.5 million in gross internet casino revenue for October. With a record-breaking total of almost $76 million, FanDuel Casino led seven of the state’s fourteen digital platforms in reaching all-time highs. Compared […]
Stake.us and four other sweepstakes casinos are leaving Tennessee in a mass exodus.
A few well-known sweepstakes casinos are all departing Tennessee in around the same amount of time, which may indicate the existence of unreported cease-and-desist orders. Sweepsy has learnt through a variety of channels and sources that High 5 Casino, Stake.us, RealPrize, and LoneStar Casino will be leaving Tennessee in November and December. Additionally, Lucky Bits […]
Do you want to bet? How Utahns can legally ‘bet’ on sports despite the gambling ban.
Utahns no longer have to go down to Nevada for a quick weekend of gambling. According to gambling expert Jonathan D Cohen, author of Losing Big: America’s Wreckless Bet on Sports Betting, Kalshi, a New York-based federally regulated company within the growing prediction market industry, began including sports as part of the real world events […]
Tribes in California Have No Reason to Believe FanDuel or DraftKings
DraftKings promised anything seven months ago. Think about this discussion between California tribal chiefs and members of the Sports Betting Alliance (SBA) in an open forum: Jeremy Elbaum, Chief Commercial Officer of DraftKings: “Our sole purpose in California is to engage in sports betting. We will either succeed or fail in our endeavour. James Siva, […]
