
Articles
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1 week ago |
ingame.com | Jill R. Dorson
Penn Entertainment executives Thursday morning touted a coming integration for ESPN Bet, but kept details under wraps during a first-quarter earnings call. The company missed analyst revenue projections, but reported a per-share loss of $0.25, which was better than analyst projections of $0.29. The tone was generally enthusiastic, as executives touched on the future of ESPN Bet, the progress of its Hollywood Casino apps, and new projects in the land-based casino sector.
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1 week ago |
ingame.com | Jill R. Dorson
Commercial sports betting operators in Colorado will soon be paying more to do business in that state. The state Senate late Tuesday afternoon passed HB 1311, which would sunset the ability for operators to deduct sports betting promotional bets. The vote was 28-7, and there was no discussion. Tuesday’s session was the second to last before the legislature adjourns Wednesday. The bill moved fairly steadily from the House floor through the Senate.
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1 week ago |
ingame.com | Jill R. Dorson
The Commodity Futures Trading Commission (CFTC) shared a report of an “Investigation Into Alleged Telework Violations” with InGame late Monday as an example of why some staff was put on administrative leave earlier in the day.
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1 week ago |
ingame.com | Jill R. Dorson
The Commodity Futures Trading Commission (CFTC) late Monday voluntarily withdrew its appeal in federal court in a case against prediction-market provider Kalshi. In September, the U.S. District Court for the District of Columbia ruled in Kalshi’s favor, allowing it to offer event contracts on the November 2024 presidential election. That ruling will now stand.
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1 week ago |
ingame.com | Jill R. Dorson
In early 2023, Massachusetts gaming commissioners put a regulation on the books that bans betting on players or teams who promote or represent Russia or Belarus. The war in Ukraine started the previous year, and the Massachusetts Gaming Commission (MGC) was at the forefront of making a political statement through betting policies.
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