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Five Democratic senators are demanding clarity from the nation’s top derivatives regulator after learning that its Chicago enforcement team may have been dramatically reduced.
In a letter issued Thursday (February 26) to Commodity Futures Trading Commission Chairman Michael Selig, Sens. Richard J. Durbin, Amy Klobuchar, Cory A. Booker, Raphael Warnock and Adam B. Schiff said they are “deeply...
Law enforcement agencies fanned out across Central Florida this week, shutting down dozens of illegal gambling storefronts and hauling away stacks of cash and hundreds of machines.
The Volusia County Sheriff’s Office teamed up with the Florida Gaming Control Commission and Attorney General James Uthmeier for what they called Operation Reel of Fortune. Deputies served search warrants at seven...
Sacramento County detectives say they have broken up what they describe as a “large-scale illegal gambling network operating in our region and impacting residential communities,” the result of an investigation that stretched on for months and focused on a suspected criminal organization.
The Sheriff’s Office shared details of the case in a Facebook post, explaining that the inquiry began in...
A former Home Depot employee is headed to federal prison after prosecutors say she orchestrated a multimillion-dollar gift card scheme and spent most of the money on gambling.
Federal authorities in Atlanta say 53-year-old Felecia Ingram used her job inside the company’s Store Support Center to quietly siphon off thousands of gift cards over roughly 16 months, beginning in March 2020. Ingram...
The Massachusetts Gaming Commission has signed off on a new rule that will require licensed sportsbooks to alert customers within 48 hours whenever their betting accounts are limited.
The decision came on a unanimous 5–0 vote after commissioners spent considerable time debating how to make the sports betting market more transparent and easier for consumers to understand. At the center of the...
Flutter Entertainment is leaning harder into prediction markets, even as some investors question how much upside the move will really deliver.
In its fourth quarter earnings letter to shareholders, the parent company of FanDuel made clear that it plans to step up spending on its new prediction markets product this year. The company said: “We believe this new product enables us to harness a...
Penn Entertainment closed out 2025 with a noticeably smaller loss, buoyed by stronger showings at its brick-and-mortar casinos and a long-awaited breakthrough in its online division.
For the quarter ending December 31, revenue climbed to $1.81 billion, up from $1.67 billion a year earlier. The company still posted a net loss, but it shrank to $73.4 million compared with $133.8 million in the...
Boyd Gaming is preparing to hand over one of downtown Shreveport’s best-known casinos, agreeing to sell Sam’s Town Hotel...
The US commercial gaming business reached a new peak in 2025, pulling in $78.72 billion in gross gaming revenue, according to figures released Thursday (February 26) by the American Gaming Association. That total represents a 9.2% increase over 2024 and extends the industry’s run of year-over-year gains.
As revenue climbed, so did the amount flowing back to governments. State and local...
MGM Resorts International and its joint venture BetMGM are putting more than $1 million behind responsible gaming efforts as part of Problem Gambling Awareness Month, rolling out new research, partnerships and player protections across their properties and digital platforms.
The Las Vegas-based operator and its online sportsbook arm detailed the expanded commitment this week, saying the money...