Casino Reports

@casinoreports.bsky.social

http://CasinoReports.com -- news, analysis, and features on the U.S. online casino/iGaming and sweepstakes industries

"But for now, I will preserve the status quo, which is that these [sports] contracts are legal under federal law," wrote Judge Gordon in Kalshi's case against the Nevada GCB. “Kalshi has shown a likelihood of success on the merits,” wrote Gordon in the 17-page ruling.

March Madness betting at #Robinhood? Yep. The notable difference between this and the short-lived partnership with #Kalshi last month to offer event contracts for Super Bowl LIX is that Robinhood has now constructed its own standalone prediction markets hub. www.casinoreports.com/robinhood-re...

Robinhood, In Partnership With Kalshi, Relaunches Sports Event Markets For March Madness

Robinhood has again teamed with Kalshi, which is just days removed from being granted an extension on Nevada's cease-and-desist request.

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Bit of a shakeup in the #DFS / DFS+ space today, as #Underdog leaves NY and pays a fine, but launches its Pick 'Em Champions product in NJ and Delaware: "The high fine amount speaks to the popularity of our games, as the settlement was calculated based on our revenue in NY.” — Nicholas Green

"This is the only major sporting event I know of where people bet underdogs." Thomas Casale joined LOW ROLLERS this week to talk March Madness (and to let us know we should have been betting college hoops in November and December, not now).

Eric Raskin@ericraskin.bsky.social · 2y ago

New episode of the @casinoreports.bsky.social podcast LOW ROLLERS! Thomas Casale joins us to talk March Madness betting (plus long-snappers and knuckleballers), while Jeff Edelstein & I cover sweeps ban legislation in Maryland and New Jersey, America's hatred of gambling ads, and the SAFE Bet Act.

“If either party is looking for a slam dunk issue in New Jersey, this is it,” said Dan Cassino, a professor of government and politics at FDU who also serves as the exec director of the poll. “Even the groups most likely to take part in gambling, like young men, seem to be fed up with all the ads.”

Lots to cover in this week's @casinoreports.bsky.social "Spin Cycle": • Flutter Q4 earnings • New GeoComply CEO • Kalshi's unaired ad • Moose on the loose • BetMGM goes to Oz • Some dude posting gambling cold takes in ALL CAPS Plus links, tweets, and bad puns: www.casinoreports.com/spin-cycle-3...

Spin Cycle: Flutter Earnings Report, GeoComply CEO Reveal Highlight Week In Gambling

Welcome to “Spin Cycle,” Casino Reports’ Friday roundup of all things impactful, intriguing, impressive, or idiotic in the gambling industry.

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Column by Jeff Edelstein on the double standard in the way people view and try to police vices that are categorized as vices and vices that are categorized as socially acceptable ways to blow all your money.

"In case I have confused anybody, this is not an anti-gambling discourse. It discusses an egregious set of statistics and the seemingly inhumane reactions to those statistics. It is a story of failure." -- Richard Schuetz www.casinoreports.com/schuetz-hey-...

Schuetz: Hey, Massachusetts Gaming Commission, It's Time To Get The Band Back Together

Schuetz suggests the MGC invite DraftKings CEO Jason Robins to meet with them and ask him about the statistics of Ms. D’Alessandro’s husband.

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"There is incredible irony in Mr. Wynn’s case involving the Supreme Court. First of all, one of the justices on the Supreme Court who has made noises about wanting to take a look at Times v. Sullivan is Clarence Thomas..." writes Richard Schuetz. #scotus www.casinoreports.com/schuetz-firs...

Schuetz: On The First Amendment And 'Disgraced' Casino Mogul Steve Wynn

Mr. Wynn appears not to be a big fan of a free press, and may now have his sights set on New York Times v Sullivan, a critical First Amendment case.

casinoreports.com

There is a rift between the Florida Gaming Control Commission and the Florida Council on Compulsive Gambling, and the former no longer helps fund the latter. “We were shocked,” said Jennifer Kruse, the FCCG’s executive director, when she learned of the split.

To the average person, a 2.3% chance of something happening sounds like nothing. To a gambler, 2.3% sounds like an entirely possible one-outer. Are you willing to see if the one-outer comes in when the topic is a city-obliterating #asteroid? #statistics www.casinoreports.com/probability-...

When 2.3% Is Terrifying: A Gambler's Guide To The Asteroid Apocalypse

There's an asteroid out there that's a +4240 underdog to hit Earth, which is a longshot — but longshots come in all the time.

casinoreports.com

Is Las Vegas hitting a breaking point with its "nuisance fees"? There are hidden charges, surcharges, up-charges, premium charges. Maybe it's no coincidence gambling revenue on the Strip has been trending downward for the past 6 months, even with visitation up year-over-year.

"If tariffs are imposed on Canada or Mexico, the most logical expectation is that a trip to Las Vegas will cost more for these foreigners, and if you believe that old demand function thing, that means less will be purchased," writes economist and longtime Vegas guy Richard Schuetz.

It's the Super Bowl week edition of LOW ROLLERS! Our friend and yours Dave Sharapan joins to talk Super Bowl buzz in Vegas, life lessons learned from a near-death experience & more. Plus: Terry Rozier scandal, Robinhood whiplash, online slots silliness, Ohio tax shenanigans: rss.com/podcasts/low...

Low Rollers - Low Rollers, Episode 5: Terry Rozier NBA betting investigation, Dave Sharapan on gambling, sports, and life | RSS.com

CasinoReports.com's weekly gaming-biz podcast, Low Rollers, returns! Hosts Eric Raskin and Jeff Edelstein analyze the potential implications of the Terry Rozier NBA betting investigation as well as Ro...

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