‘SLOT Act’ Seeks to Increase Jackpot IRS Threshold to $5K

A slot machine suspends its operations after a lucky gambler hit a $15,000 jackpot. Attendants respond to such wins to make sure the terminal is functioning properly and to also arrange the proper completing of IRS tax documents. (Image: Shutterstock)

Federal legislation introduced today by leaders of the Congressional Gaming Caucus would greatly increase the amount of money needed to be won on a slot machine spin to trigger an IRS report. Creatively named the SLOT Act — or “Shifting Limits on Thresholds Act” — the bipartisan legislation comes from US Representatives Dina Titus (D-Nevada) … Read more

Match-Fixing at Record Levels in 2021 as Global Sports Betting Revenues Hit $1.6T

Soccer had the highest frequency of suspicious matches at a rate of one in every 201 globally, followed by esports and basketball. (Image: Reuters)

Match-fixing was back in vogue in 2021, rising in line with global sports betting revenues, which exceeded $1.6 trillion for the first time. That’s according to a new report by Swiss data analytics and integrity firm Sportradar, titled Betting Corruption and Match-fixing in 2021. It makes for grim reading. Sportradar’s Universal Fraud Detection System (UFDS) … Read more

Ontario Sports Betting Regulations Prohibit Promotional Advertising

An advertisement from DraftKings running in Ontario is absent of free promotional incentives, as required in the Canadian province. Casinos are worried that they emergence of iGaming and mobile sports betting will hurt its brick-and-mortar businesses. (Image: DraftKings)

Ontario is only a few weeks away from its entry into legal commercial iGaming and mobile sports betting. But unlike in the US where sportsbooks and internet casinos flood new markets with marketing promos targeting potential players with an array of signup incentives, regulations in Canada’s largest province prohibit such advertising. Ontario’s Legislative Assembly last … Read more

Arkansas Sports Betting Begins Online, 21st State with Legal Mobile Wagering

A patron at Southland Casino places a sports bet using a Betly Sports kiosk in February of 2020. The first legal mobile sports bet inside Arkansas was recently placed on the Betly website. (Image: The Commercial Appeal)

Arkansas has officially joined 20 other states, plus DC, in launching legal online sports betting. The Arkansas Racing Commission (ARC) in late December approved of its mobile sports betting regulations. A little more than two months later, Southland Casino in West Memphis was first to launch its regulated online sportsbook. Southland’s Betly Sports internet sportsbook … Read more

NHL Star Connor McDavid Makes History, Becomes BetMGM Brand Ambassador

Connor McDavid celebrates scoring a goal against the Philadelphia Flyers in an Oct. 16, 2019, game against the Philadelphia Flyers. On Friday, McDavid signed an agreement to be a brand ambassador for BetMGM. (Source: Jason Franson/Canadian Press)

As we near the four-year anniversary of the Professional and Amateur Sports Protection Act (PASPA) repeal, there aren’t many sports betting firsts left to be claimed. But one of those happened on Friday, when NHL All-Star Connor McDavid signed an endorsement deal with BetMGM. With the Edmonton Oilers captain now a brand ambassador for the … Read more

Terre Haute Casino Groundbreaking Draws Closer After Rezoning Approved

A rendering of the Queen of Terre Haute Casino that Churchill Downs Inc. plans to build in the Indiana city. Last week, the Terre Haute City Council approved a zoning change request by the company that will allow it to build the casino project on the city’s east side. (Image: Churchill Downs Inc.)

A couple of key steps were taken this past week as officials in Terre Haute, Ind., signed off on changes Churchill Downs Inc. made to its planned casino in the west central Indiana city. On Thursday, the Terre Haute City Council voted to approve a zoning change to roughly 50 acres of property on the … Read more

Kentucky Cockfighting Investigations Lead to Federal Indictments Against 17 People

A bird tied to a rope is apparently being trained for cockfighting. Federal authorities in Kentucky announced this week that 17 people had been indicted in connection to four separate cockfighting schemes in the eastern part of the state. (Image: ASPCA)

Some 17 Kentuckians face federal charges of animal cruelty tied to cockfighting after being indicted by a grand jury. That’s according to the US Attorney’s Office for the Eastern District of Kentucky, which announced the cases on Wednesday. The charges came through four indictments, each separate. Authorities say they found individuals either planning a cockfighting … Read more

Brazilian Serie A Soccer: Only One Team Not Tied to Sports Betting

Members of Brazil’s Cuiabá Esporte Clube celebrate on the field. The team is the latest to partner with a sports betting operator, making Brazil one of the few countries embracing sportsbook partnerships. (Image: VG Noticias)

Most countries are determined to separate sports and sports betting. Brazil, which doesn’t even have legal sports betting yet, is going in the opposite direction. Around the world, countries that have legal sports betting want to build a wall between sportsbooks and sports organizations. Italy, the UK, Australia and others spend an exorbitant amount of … Read more

Indonesians Held by Chinese Syndicates in Cambodia Freed by Police

Sihanoukville, Cambodia, seen above, is a haven for criminal activity. Fortunately, a group of 44 Indonesians has escaped its clutches. (Image: The Times)

Cambodian authorities have rescued as many as 44 Indonesian nationals held hostage by Chinese syndicates. The gangs forced them to work in a number of illegal gambling enterprises before the government intervened. The Khmer Times reports that the release of the Indonesians came after days of negotiations that involved careful coordination with Cambodian law enforcement … Read more