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Gaming Policy
Licenses, taxes and the expansion debates.
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VGW Pays New York $8M Following Cease-and-Desist Order
5+ day, 8+ hour ago (468+ words) New York regulators accused VGW of offering illegal gambling through its platforms, Chumba Casino, Global Poker, and LuckyLand Slots. Sweepstakes casino operator Virtual Gaming Worlds (VGW) has paid New York regulators $8 million, following a cease-and-desist order issued by Attorney General…...
New York: VGW pays $8 million for illegal gambling operation – CDC Gaming
5+ day, 28+ min ago (110+ words) New York: VGW pays $8 million for illegal gambling operation CDC Gaming Following a cease-and-desist letter sent in June last year, online sweepstakes casino operator VGW Holdings has been forced to pay New York regulators a fine totaling $8 million, including penalties…...
Citadel Urges SEC Oversight of KPI Prediction Bets
5+ day, 15+ hour ago (1076+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Citadel to Regulators: SEC Should Police Company-Linked Prediction Bets, Not the CFTC - Citadel Securities told Washington that prediction contracts tied to publicly traded…...
VGW Responds to New York AG Settlement: Will Continue to Operate Using Its Gold Coins Play
5+ day, 17+ hour ago (385+ words) OAKLAND PARK, Fla (Gambling911.com) - Earlier Wednesday, New York Attorney General Letitia James announced the state had secured the $8 million from VGW Holdings Pty. Ltd. and its affiliates (VGW), one of the largest operators of so-called “sweepstakes casinos". In June 2025, the…...
Citadel Securities urges SEC to take oversight of some wagers - Bloomberg News
5+ day, 16+ hour ago (25+ words) TradingView Citadel Securities urges SEC to take oversight of some wagers - Bloomberg News...
Citadel Securities urges SEC to take oversight of some wagers
5+ day, 16+ hour ago (290+ words) Citadel Securities told regulators that prediction market contracts linked to publicly traded companies should be overseen by the Securities and Exchange Commission instead of the agency that has taken responsibility for them so far, the Commodity Futures Trading Commission. The…...
Fitch: Resorts World NY EBITDA to Climb, Spending Constrains Parent Credit Rating
1+ week, 21+ hour ago (555+ words) Resorts World New York has a leg up on its two yet-to-be-built competitors in the New York City-area casino competition with Fitch Ratings forecasting a significant ramp-up in earnings before interest, taxes, depreciation and amortization (EBITDA) at the Queens property,…...
New York City’s new casino is upping the ante to lower its taxes – CDC Gaming
1+ week, 4+ day ago (86+ words) New York City’s new casino is upping the ante to lower its taxes CDC Gaming Queens lawmakers are joining Resorts World’s push, saying the casino expansion could otherwise collapse. Governor Hochul isn’t budging. Governor Kathy Hochul’s administration has thus far…...
With War on Prediction Markets, Gaming Lobby Plays Bad Hand
1+ week, 3+ day ago (84+ words) realclearmarkets.com With War on Prediction Markets, Gaming Lobby Plays Bad Hand There’s a saying in Vegas, the house always wins. I represented Nevada in Congress for more than a decade and I can attest to the truth behind that…...
New York Dems Want Gov. Hochul to Nix “Excessive” 72% Casino Tax Rate
1+ week, 6+ day ago (1316+ words) New York Democrats are calling on Gov. Kathy Hochul (D) to block an eye-watering 72 percent tax proposal on the Big Apple’s first full-fledged retail casino. Resorts World New York City, which received one of three downstate casino operator’s licenses, is the…...