Alpaca Aiming to Enter the Prediction Market
Alpaca, a provider of high-end technology and brokerage infrastructure to the trading community, is gearing up for a move into the rapidly growing prediction market industry. The Alpaca logo. The…
White House reportedly organizing meeting with crypto and prediction market executives this week
The White House will host crypto and prediction market executives on Wednesday, August 19, according to sources familiar with the event. The gathering might also include traditional finance executives, although…
Advancement in construction of Oklahoma’s Rock & Brews Casino brings new entertainment center and RV park
Rock & Brews Casino in northern Oklahoma is moving forward with a significant expansion project that includes a 25,000 sq. ft. entertainment center and a 21-space, full-service RV park, with…
Baltimore files lawsuit against Kalshi and Polymarket for unauthorized sports betting operations
Baltimore Mayor Brandon M. Scott and the City Council filed individual lawsuits on Thursday against prediction market operators Kalshi and Polymarket, asserting that both platforms are operating as unlicensed sportsbooks…
Renovation of Seneca Niagara Underway with $47M Investment
Seneca Niagara Resort & Casino, overlooking Niagara Falls in Upstate New York, has announced a significant renovation project. Seneca Resorts & Casinos will invest $47 million at Seneca Niagara to…
Bally’s Reports 20.5% Revenue Increase in Q2 Despite $4.5B Debt and Worries over Chicago Casino
Bally’s Corporation has reported a 20.5% increase in second-quarter revenue to $792.2 million, but is facing significant challenges with high debt levels and financing requirements that are raising concerns about…
Internet Gambling and Adult Entertainment Leading to Sadness Among Young Men, According to Marriage Research Group
Gambling is becoming a growing cause of mental distress in young men, often triggering feelings of dejection similar to those experienced with pornography consumption. A study found that betting results…
Atlantic City casinos experience strongest July performance since 2012 with a 7.1% revenue increase to $304.2M
Atlantic City’s nine casinos generated $304.2 million in in-person casino revenue in July, up 7.1% from a year earlier and marking their strongest July performance since 2012, according to New…
UFC Plans to Grow Las Vegas Base and Incorporate WWE
UFC is getting ready for a significant expansion of its Las Vegas campus, with WWE included in the evolving plan. About 35 acres remain undeveloped at UFC’s Las Vegas headquarters,…
Bally’s In Search of Financing, Considering Selling Las Vegas Casino Site to Raise Funds
Bally’s may need to explore asset sales or equity sales to raise the necessary financing to meet its obligations to various creditors. Bally’s Atlantic City. The company may need to…