PayPal is Freezing Gambling Accounts, Faces Lawsuit

Several users have come forward with accusations that PayPal is freezing gambling accounts and keeping the funds without offering any explanation as to why. And now, they are coming together to take legal action against the payment provider in a federal lawsuit. They’re also looking for more people who have faced similar situations and thinking of a class-action lawsuit. One of the plaintiffs, Lena Evans, has used PayPal for over 20 years to send cash back and forth for a poker league that she owns. PayPal seized nearly $27,000 in her account without giving her a reason why. She also…

The Street Fight for Florida Gambling

This week’s gambling news finds Florida gambling in the headlines again, and now the battle for expanded casino gambling and sports betting is getting downright ugly! The fight between the Sands Corporation and the Seminole Tribe is wrapped up in lawsuits, legal actions, and accusations of conspiracy, sabotage, and corruption! Welcome to This Week in Gambling, where some news weeks are slow… some news weeks are busy… and some news weeks are batshit crazy! Which leads us to Florida and this week’s big story! As you may know, Florida is America’s third largest state by population. Therefore, whatever happens with…

BetMGM App Goes Live in New York Today

Today is the day another operator is launching their online sports book in New York! The BetMGM app is now live for players in the Empire State, and they can access the benefits of betting with BetMGM, an Official Sports Betting Partner of the Knicks, Rangers and Madison Square Garden Arena. “With today’s monumental news, we’ll now be able to fully activate our relationships with MGM Resorts’ Empire City Casino and Madison Square Garden. We look forward to offering customers in New York unique experiences that they can’t access on any other platform,” said BetMGM CEO Adam Greenblatt. “A huge…

Viking Rising Online Slot from EGT Interactive

The Viking Rising online slot is a 5 reel game with 10 paylines from EGT Interactive! It comes with Bonus Spins and a Bonus Round, along with Scatter Symbols, Expanding Wilds, and a Progressive Jackpot! There’s also a Gamble Feature, and Viking Rising can go with you on your mobile device! The Viking Rising slot is set on a dark, cold night as Vikings rise up and a thrilling battle rages! All while players spin and accumulate big wins. If a player lands three Scatter Symbols then they can selects between different combination of Bonus Spins and Wild Multipliers. If…

New York Moves to “Lock” High Gambling Tax Rate

In a stunning move of arrogance, a New York State Assemblyman is pushing a new bill to lock-in the 51% gambling tax rate. That bill would prohibit any licensees from ever requesting a change to that tax, which is tied for the highest in the nation. It’s worth noting that while this bill would hamstring any operator from ever requesting a lower tax rate, it contains no language whatsoever to prevent the state from raising that tax rate. The specific wording of the bill states that “once such contracts have been awarded and a tax rate has been established, no…

American Casinos Setting Revenue Records

In the midst of a pandemic, American casinos are still bringing in revenue… and in record numbers! Commercial casinos won nearly $14 billion in the third quarter of 2021, marking the industry’s best quarter ever, and pushing revenue past what it was for all of 2020. The figures from the American Gaming Association show more consumers feel comfortable visiting casinos amid COVID-19, and this as online gambling and sports betting revenues continue to grow. An article releases by the Associated Press, found American casinos on pace to break the annual record of $43.65 billion, set in 2019. Jane Bokunewicz, director…