GENI News & Events

News 5 Cleveland's Morgan Trau said via X that, "NOW: In Ohio's Senate gaming committee, Republican Bill Blessing is introducing a bill to increase gambling taxes. The bill levies a 2% fee on sports gaming WAGERS. The 2% fee is in addition to Ohio's existing 20% tax on sports gaming RECEIPTS."

Genius Sports announced the appointment of Tony Marlow as Chief Marketing Officer. Marlow joins the executive team to lead global marketing, communications, and brand strategy as the company continues to expand its role powering the ecosystem connecting sports, betting, media, and advertising. Most recently, Marlow served as Chief Marketing Officer at LG Ad Solutions, where he helped establish the company as a category leader in connected TV

A three-judge panel of the Third U.S. Circuit Court of Appeals sided 2-1 with Kalshi in finding that the Commodity Exchange Act preempts state law and governs the sports-related event contracts it offers on its platform and that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use its prediction market to place bets on the outcome of sporting events, reported Reuters. Online sports betting companies include DraftKings (DKNG) and Flutter Entertainment (FLUT). Other publicly traded companies in the casino gaming space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).