How a 51% Tax Could Change Sports Betting

Bychancekingsadmin 08.12.2021

It’s difficult to believe that the CEO of a major sports betting operator would say something to alienate his existing and potential customers. Yet, that’s exactly what Jason Robins did while speaking on the Canaccord Genuity 2021 Digital Gaming Summit held virtually last week. His statements came amidst conversations concerning how operators could be profitable in New York state with a 51% tax rate, so I guess now we know how DraftKings hopes to make money in that market! Hello my friends! And welcome to This Week in Gambling, where we’re following an interesting bit of news. The CEO of…

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Las Vegas Casino New York-New York Gets Facelift

Bychancekingsadmin 30.08.2022

The fight to have the most iconic Las Vegas casino is one that never sleeps. In fact, one is even themed after the city that never sleeps: New York, New York! And now, owners MGM have big plans for their property themed after the Big Apple! The company has announced plans for a $63 million…

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World Series of Poker Requiring All Attendees to Show Proof of COVID-19 Vaccination

Bychancekingsadmin 28.08.2021

No exceptions The COVID-19 pandemic climate is constantly changing and with it, so does the live poker climate. On Friday, the World Series of Poker updated its policies once again, announcing that all attendees of the 2021 WSOP must provide proof of vaccination against COVID-19. Participation in the 2021 WSOP will require proof of full…

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Indiana Gaming Commission Approves $250m Sale of Caesars Casino to Eastern Band of Cherokee Indians

Bychancekingsadmin 21.08.2021

The final regulatory hurdle In the state of Indiana, the gaming regulator has given its seal of approval to a deal between Caesars Entertainment and the Eastern Band of Cherokee Indians. Under the terms of the agreement, the former will sell its Caesars Southern Indiana casino to the tribe for a total of $250m. The…

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Red Rock Resorts Drops $172m on 126 Acres of Land South of Las Vegas Strip

Bychancekingsadmin 21.07.2022

More development in the desert Red Rock Resorts revealed Wednesday that it acquired 126 acres of land south of the Las Vegas Strip for $172m. greater flexibility in master planning to take maximum advantage of the future development” “We are excited about the potential of this site as a local and regional destination casino resort,”…

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The Expansion of Gambling in Texas

Bychancekingsadmin 25.03.2023

The Las Vegas Sands is reportedly leading the charge in a move to expand gambling in Texas by constructing a resort-style casino in the state. While discussions are still in the preliminary stages, the casino company’s interest in expanding its operations to Texas is significant, given that the state has long been viewed as a…

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Rush Street Interactive Enters Canadian Market With Social Gaming Launch

Bychancekingsadmin 18.10.2021

A wide-ranging offering Rush Street Interactive (RSI) has entered the Canadian market for the first time with the launch of its CASINO4FUN social gaming platform in Ontario. The free-to-play sportsbook and online casino are now accessible to people in the province who are at least 19 years old through BetRivers.net. RSI plans to launch a…

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