Scientific Games has grand plans for a social gaming IPO. The company filed an initial public offering (IPO) application with the U.S. Securities and Exchange commission (SEC). The company stated that it has filed for what they will call “SciPlay”, and that it will be traded on the NASDAQ Global Select Market Exchange under the symbol “SCPL.” SGs social gaming arm revolves around free to play games, the company earns revenue by offering in-game items that can be purchased by players. SGs gross revenue from social gaming was over $400 million in 2018, a growth of 15% from a year…

The executive director of the New Hampshire Lottery Commission, Charles McIntyre, said he expects a decision on their Wire Act lawsuit before the end of May, even as arguments in the case begin in about a week. The justice system can sometimes move slowly, but McIntyre predicts a fairly quick resolution. He stated that he expects Judge Paul J. Barbadoro to render his decision before the end of May. “In a statutory issue,” McIntyre said. “There’s a lot of things to look at. We’re talking about a law passed pre-internet. Most laws have been updated to reflect technology, and this…

West Virginia online gambling has officially become law, thanks to the inaction of the governor. The West Virginia Lottery Interactive Wagering Act cruised through the House in February, and the Senate then approved and made amendments to the bill. The House accepted those changes and sent the bill to the desk of Governor Jim Justice. The state legislature passed the bill in full the day before it adjourned on March 9, giving the Governor 15 days to sign or veto the act. Now that the veto deadline has passed, the bill has become law. As was the case for West…

Less than a year after launching two retail sports books, Rhode Island mobile sports betting is ready to launch. Governor Gina Raimondo signed into law S 37, a bill adding mobile Rhode Island sports betting to the state’s lottery-run operation. Raimondo also spurred the start of Rhode Island’s sports book operations last year by including sports betting revenue in her budget. Rhode Island sports betting is legal at the state’s two casinos: Twin River Lincoln and Twin River Tiverton. Those casinos both opened their sports gambling operations in 2018 and plan to expand into permanent space this year. Twin River…

In 2017, the online gambling market reached 45.8 billion US dollars. In 2024, the projected size of this industry is estimated to reach close to 95 billion US dollars! Truly, online casinos are thriving! Online gambling, same as land-based gambling, is mostly about playing games of chance. Based on studies, the odds of winning in any casino game is 50/50. Increasing the odds of winning may seem far-fetched, but it is not as there are legitimate ways to increase the odds of winning in online casino games. Here are practical tips to consider: Do due diligence before choosing an online…

The US Justice Department has filed a motion to dismiss the Wire Act lawsuit brought against it on behalf of the New Hampshire Lottery and NeoPollard Interactive. The filing, written by Deputy Assistant Attorney General Brett Shumate and John Tyler, Assistant Director of the Federal Programs Branch, argues that the District Court of New Hampshire should dismiss the case, on the basis that there is no actual case to answer. It says that there have been no prosecutions as a result of the revised stance, and that to date states have not been blocked from carrying out any activity. This,…