Sports Betting In Kansas 🏆Crypto Kickstarter 🥇California Gambling Proposal

Gambling News Podcast

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In our first story, a promising Kickstarter crypto game goes bust. In 2021, at the height of the crypto boom, a blockchain-based, Pokemon-style video game called Untamed Isles raised over $500,000 on Kickstarter. Fast-forward a year later, and the game is more or less dead. It seems that Phat Loot, the studio behind the game, is so broke that it can't even refund its backers.

Posting on the game's Steam page, the developers said that they will pause the development and put the game on indefinite hiatus, as they're unable to financially keep up with the planned schedule. They denied claims that the backers' money was invested in cryptocurrencies and said that all funds went towards the game development. The game was originally scheduled to launch on October 6.

Next up, the campaign surrounding California gambling propositions is breaking all the spending records. So far, committees supporting and opposing Propositions 26 and 27 have raised over $357 million. Since June 30, several groups, looking to get a piece of this potentially very lucrative betting market, have each been spending an average of $16.5 million per week.

In two months, California voters will decide whether to back two propositions that will bring legal gambling to the state. Proposition 26 would expand types of betting at tribal casinos and racetracks to in-person sports wagering. Voting Yes on the other measure, Prop 27, would legalize online betting across the state. With stakes this high, the lavish campaign spending will likely continue until the ballots are mailed out in October.

In our next story, Butler National Corporation will now offer sports betting in Kansas. The company has received a green light from the Kansas Lottery as their sports wagering management contract via a subsidiary operating Boot Hill Casino & Resort was approved. The agreement follows a similar deal the casino has made with DraftKings.

According to the details of the contract, the patrons will not only be able to place wagers in person at the Dodge City casino, but also bet online through the interactive sports wagering platform. At the moment, the team at the Butler National Corporation is focused on launching DraftKings’ mobile and retail sportsbook at Boot Hill casino. Per provisions of the Kansas sports betting law, state casinos can have up to 50 marketing partners.

In our last story this week, the Pokagon Band of Potawatomi opened the expanded gaming area at the Four Winds Casino in South Bend. The representatives of the tribe ceremonially cut the ribbon on Friday, opening the door to all visitors.

The new 40,000-square foot gaming floor includes 850 slot machines, 11 gaming tables, and a brand-new high-limit area. Plus, it features an additional cage and cashier area. The gaming space is just a part of a major expansion of the casino which is set to be completed in early 2023. When finished, the complex will include the 23-story hotel, the largest in St. Joseph County, a convention area and meeting space, lounge, bar, spa, and a swimming pool on the roof of the hotel.

Chapters

1. Sports Betting In Kansas 🏆Crypto Kickstarter 🥇California Gambling Proposal (00:00:00)

2. Bad News For Kickstarter Crypto Game? (00:00:52)

3. California Gambling Propositions Are Already Breaking Spending Records (00:01:23)

4. Kansas Casinos To See Online Sports Betting Soon? (00:02:12)

5. Four Winds Casino Opens And Expands Gaming Area (00:02:57)