Sharp Alpha Advisors Closes $25M ‘Fund II’ To Drive Innovation In Sports, Gaming, And Entertainment
The closing of this fund marks a significant milestone for Sharp Alpha, reflecting the strong investor confidence in the company.
September 9, 2024
Page 20 of 23
News
Push To Raise IRS Reporting Threshold For Slot Winnings Gains Momentum
The IRS may respond favorably to lawmakers advocating to raise the IRS reporting threshold for slot machine winnings from $1,200 to $5,000.
September 9, 2024
Alabama Legislature Stalls On Lottery And Gambling Bills, Gov. Ivey Says No Special Session
Efforts to add a lottery and casinos in Alabama have failed this year as the legislative session ends with no progress.
September 9, 2024
AGS To Sell To Brightstar Capital Partners For $1.1 Billion
The AGS board unanimously approved the deal, which would give shareholders $12.50 per share in cash — pending shareholder approval.
September 9, 2024
Former MGM Grand Boss Sibella Avoids Jail In Illegal Betting Case
A federal judge has sentenced former MGM Grand President Scott Sibella to one year of probation for his role in an illegal betting scandal.
September 9, 2024
Shohei Ohtani’s Ex-Interpreter To Plead Guilty In $17 Million Embezzlement Case
Mizuhara will be arraigned on May 14, when he is expected to formally admit guilt to the charges of bank fraud and tax evasion.
September 9, 2024
New Online Poker Bill Introduced In New York
New York state Sen. Joseph Addabbo has introduced a bill to legalize online poker in the state, although it faces several challenges.
September 9, 2024
Alabama Could Lose Out On $1.2B Annually If Gambling Legislation Falters
With only days left before the end of the 2024 legislative session, Alabama lawmakers seem to be at a stalemate on gambling expansion.
September 9, 2024
Dave & Buster’s Betting Plans Quickly Countered With Bill To Block Arcade Gambling
A decision by Dave & Buster's to allow betting on arcade games is being met in Illinois by legislation to ban the activity.
September 9, 2024
Atlantic City Casino Smoking Ban Debate Drags On
Lawsuits and legislation keep the debate going over whether Atlantic City casinos should be part of a state-wide indoor smoking ban.
September 9, 2024