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Nebraska Lawmakers Consider Allocating Online Sports Betting to Electoral College Vote

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In a three-hour hearing, Nebraska lawmakers from its legislature General Affairs Committee listened as proponents and opponents of its online sports betting bill LR20CA said their piece as lawmakers consider implementing a winner-take-all system by adding it to the next electoral ballot, leaving it up to Nebraskans to vote on the bill’s outcome.  Currently, bettors […]

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Mississippi Sports Betting Bill Faces Roadblock in Senate

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Mississippi House lawmakers have endeavored to legalize mobile sports betting with SB2381 and SB2510. However, SB2510 did not have the support required to pass in the Senate, with David Blount, Senate Gaming Chairman, stating that he did not support the measure. House Gaming Chairman Casey Eure expressed frustration, commenting, “This shows how serious we are

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Nevada Regulator Directs Kalshi to Close Sports and Election Prediction Markets

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The Nevada Gaming Control Board (NGCB) has ordered Kalshi to stop providing sports and election markets in the state because it lacks a license. According to the board, event-based contracts on sports and elections are not allowed in Nevada without the permission of the Nevada Gaming Commission. Kalshi has been trading under the Commodity Futures

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Flutter Entertainment reports Q4 revenue up 14% year-on-year

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The online sports and igaming operator Flutter Entertainment has revealed its fourth-quarter revenue for the 2024 financial year, producing US$3.8 billion, a rise from US$3.3 billion reported the previous year. In addition to revenue, net income loss was also down this year from US$902 million to US$156 million, and adjusted EBITDA was up 4% year-over-year,

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Caesars Entertainment Reports $2.8 Billion in Revenue in 2024 Q4

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Casino and entertainment company Caesars Entertainment has reported its Q4 and FY2024 revenue, producing $2.8 billion and $11.2 billion, respectively, slight decreases compared to the previous year. Caesars Entertainment also reported the net revenues for its individual branches. Caesars Las Vegas earned $1.1 billion in revenue during its fourth quarter, Caesars Regional produced $1.3 billion,

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