US Online Casino News
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There is a lot happening in the online gambling and sports betting industry around the world, including in United States.
There is a boom in the American online casino industry. More and more states are reconsidering their legislative stance on gambling and sports betting. Mid-term elections coincide with a downturn in economy. Some candidates running in tight races may change their policies on online gambling to get ahead in polls. Beto O'Rourke is running for Governor of Texas.
Genting Group is selling Resorts World Sentosa Singapore. Aquis Entertainment has agreed to sell its Casino Canberra for $63m to Iris Capital. MGM Resort International is rumoured to be interested in buying Entain. in the United States. The company's share price has been falling for years.
2022 has been witness to a slew of sports betting bills introduced by state legislators. In Maine, the state of Maine introduced a sports betting bill in May 2022. Ohio's sportsbetting law is not expected to be signed into law until January 2023. Maryland legalized sports bets in November 2020 and it was signed in 2021. Nebraska also legalized it in June 2021 and was passed in the same year. Progress is also being made in North Dakota, Kansas and Georgia.
Mega Millions jackpot has surpassed the $1 billion mark. The industry is reawakening to the potential of land-based resorts and casinos. Hospitality conglomerates are once again eyeing up casinos and resorts. Jay Kurland, the 'Lottery Lawyer', was convicted of defrauding big jackpots.
