We’ve been following Seminole sports betting in Florida for several weeks. Recently, a Federal District Judge ruled the agreement between the two to be ‘invalid’, as it violated the state constitution and the Indian Gaming Regulatory Act. However, after the ruling the Tribe continued to accept online sports wagers. Initially, the Seminoles filed a “motion for stay pending appeal” with the Federal District Court while they continued to accept bets. However, the Judge in this case refused to grant them an appeal and rejected their argument that shutting down sports bets would cause the Tribe irreparably harm from the ‘loss…

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…

We all know that there will be a ridiculously high tax on New York mobile betting. And now, the CEO of DraftKings, Jason Robins, has made an interesting statement. While speaking at the Canaccord Genuity 2021 Digital Gaming Summit, Robins said he believes the 51% tax rate will not be a problem for the company. And we think we know why, as he plainly said that players who bet for profit are “not the kind of players” DraftKings wants. Now, let’s think about that statement for a moment. What Robins seems to be saying is that the exorbitant tax rate…

In an effort to gain some clarity, IGT sues Justice Department over their refusal to commit on the Federal Wire Act. And yes, this feels like a never ending story.  Really, this is a good thing for our industry. Since the Department of Justice was shot down by a Federal Judge over their Wire Act opinion (and again on appeal) they have been very quiet. In fact, the DOJ has said nothing since their defeat. And that’s where the new lawsuit comes in. Since the online gambling business seems to be taking off in the United States (finally), and since…

As gambling expansion continues across America, new heights are being reached as Nevada, Tennessee, and Pennsylvania gambling records continue to be set! Nevada has been on an amazing record run of consecutive months with over $1 billion in gaming revenue generated. And with the numbers now official for October, that streak has reached 8 months! Revenue figures for the Silver State in October topped $1.2 billion. Naturally, Clark County has the highest winnings with just over $1 billion, while casinos on the Vegas Strip generated over $700 million. That translates to an increase of nearly 20% when compared to revenue…

We got yer gambling news right here! News out of Florida could have a profound effect on US online gambling efforts. A decision from a judge in the Florida sports betting case with the Seminole Tribe has precedent setting potential for the entire country! And it’s all playing out as regulators and Tribal Gaming interests watch. Hello friends! J.Todd back after a week off for the Thanksgiving holiday. And of course, while I’m gone all hell breaks loose with a story that has serious implications for US online gambling, sports betting, and tribal gaming all across the country! Including where…