TLDR Clark County put up digital signs on the Las Vegas Strip on October 16 saying tourists do not have to pay street performers for photos. The signs tell visitors who feel threatened to find a police officer or call 911. The campaign follows a September incident where two showgirl impersonators allegedly attacked a North Carolina couple after a $20 photo. Critics have suggested stronger enforcement, undercover operations and permits for street performers. The two women charged in the alleged assault are scheduled to return to court on December 3. Clark County has put up new digital signs on the…
Author: Maisie Morrison
TLDR Polymarket removed a market that let traders bet on whether any of seven Cornell fraternity members would face felony sex-crime charges. The market had $451,633 in trading volume, with traders pricing the chance of charges at about 28%. Advocates launched a petition urging celebrity endorsers, including LeBron James, to cut ties with the platform. James reportedly earns $15 million a year promoting Polymarket. The Tompkins County district attorney has reopened a criminal investigation that was initially declined in 2024. Polymarket has removed a betting market tied to a sexual assault lawsuit involving seven Cornell University fraternity members. The move…
TLDR Puerto Rico collected more than $45 million from slot machines over the past 14 months. $17.6 million went to the Police Retirement Trust, $12 million to municipalities, and $12 million to the General Fund. The Office of Investigation and Regulation has carried out more than 60 operations since February, seizing hundreds of machines. Three new casinos are being built in Mayagüez, Ponce, and San Juan, joining 21 casinos already operating. The Association of Mayors of Puerto Rico wants clear details on how $4.7 million in slot revenue was allocated. Puerto Rico has collected more than $45 million from slot…
TLDR Louisiana regulators declined to give DraftKings a full gambling license renewal on October 15. The sportsbook received a conditional extension and can keep operating in the state for now. Officials say some shareholders with stakes of 5% or more did not finish required suitability checks. Regulators want answers on DraftKings’ use of AI, its prediction market activity, and its advertising. DraftKings has 30 days to submit shareholder findings and must file monthly compliance reports. Louisiana gambling regulators have declined to give DraftKings a full renewal of its gambling license. The sportsbook will stay available to customers in the state…
TLDR Fanatics CEO Michael Rubin says sportsbook operators could spend $7 billion on marketing in 2027. Fanatics alone could spend up to $1 billion on betting and gaming ads next year. That would be nearly triple the $350 million the company is spending in 2026. Rubin named DraftKings, FanDuel and two top prediction market operators as well-funded rivals. He raised the possibility of consolidation among five major players but said he is “not sure” how far it could go. Fanatics CEO Michael Rubin says companies in the sports betting industry could spend $7 billion on marketing in 2027. He shared…
TLDR Representatives Adrian Smith and Brendan Boyle introduced the Fair Play Enforcement Act this month. The bill would fine colleges that field athletes who bet on college sports or played that sport professionally. Fines start at 5% of a school’s gross athletics receipts and rise to 10%, then 20%, for repeat violations. Penn State could face almost $13 million for a first offense. The bill does not say whether prediction market trades count as wagers. Two members of Congress have introduced a bill that would fine colleges for fielding athletes who have bet on college sports. The bill would also…
TLDR Entre Ríos, Argentina, has passed a law barring people on its child support debtors register from casinos and gambling venues. The ban also covers some paid cultural and sporting events. A person can be listed after missing five payments in a row or three payments that are not in a row. The provincial register holds about 700 names and is updated often. Buenos Aires Province is weighing a similar online gambling ban, and the City of Buenos Aires already has one. The Argentine province of Entre Ríos has passed a law that bars people on its child support debtors…
TLDR Philip Lee Sullivan, 43, was sentenced to 118½ months in state prison for stealing $1.4 million from his former employer. Sullivan was chief financial officer at Royal American, a Panama City property management company, when he took the money over 11 months. He was arrested in March 2024 and became director of Florida’s 888-ADMIT-IT gambling helpline in March 2025. His wife and lawyers blamed prescription Adderall for his gambling, but prosecutors said he planned and hid the thefts. Sullivan was ordered to start his sentence immediately and has 30 days to appeal. The director of a Florida gambling addiction…
TLDR A São Paulo judge rejected lawyer Willer Tomaz’s R$163 million claim against betting platform Blaze over gambling losses. The judge ruled that Tomaz willingly took the risks, including private tables with bets of up to R$500,000. Tomaz’s lawyers said he deposited R$325 million and lost a net R$188.5 million between January 2025 and July 2026. Blaze said the deposit figures ignored withdrawals and credits made during the same period. Brazil’s Federal Police are separately investigating Tomaz for suspected money laundering through betting. A São Paulo court has rejected a lawyer’s claim for compensation from the betting platform Blaze. Lawyer…
TLDR New Jersey’s Senate Judiciary Committee voted 11-0 to advance bill S597. The bill would replace criminal penalties for underage gambling with civil fines. Fines would start at about $500 and rise to a maximum of $2,000 for repeat violations. Money from the fines would fund compulsive gambling prevention, education, and treatment. The bill now heads to the Senate Budget and Appropriations Committee. New Jersey lawmakers have moved forward a bill that would change how the state punishes underage gambling. The proposal would replace criminal penalties with civil fines. The Senate Judiciary Committee voted 11-0 on Thursday to advance the…