Alex Weldon
Latest Articles By Alex Weldon (118)
House Ways & Means Committee Chair Promises Nevadans That Gambling Tax Deductions Cap Will Be Repealed
Optimism is rising that an unpopular change to taxes on gambling winnings will be reversed before it takes effect, following comments by House Ways & Means Committee Chairman Jason Smith. Republicans held a field hearing in Las Vegas last week to tout the advantages of the recently passed One Big Beautiful Bill Act (OBBBA). They...
DraftKings Poker Experiment Appears to Be a Dud—’Electric’ Variant Earning Minimal Revenue One Year In
DraftKings' foray into player-vs.-player poker appears to be losing steam as it closes in on its first anniversary. Electric Poker created some buzz when it was first released in August 2024,...
Polymarket Will Return to the US Soon—What That Means for Predictions Market Speculators
Polymarket will soon be serving US customers again after a three-year absence, thanks to its acquisition of a smaller exchange and clearinghouse recently licensed by the CFTC. It paid $112 million to purchase QCX, which...
Maverick Gaming to Close Four Washington State Locations Amid Bankruptcy Proceedings
Maverick Gaming, Washington State's poker room operator, has filed for Chapter 11 bankruptcy and announced that it will close four of its casinos. The company has blamed lawmakers for declining its...
PokerStars Removes Cash Game Seat Choice at 200NL and Below on Global Client
On July 15, PokerStars released an update to its cash game lobby for international dot-com players, removing the ability for lower-stakes players to select their seats manually. The move echoes trials...
Will Kassouf Banned from WSOP Following Main Event Blow-Up
The WSOP Main Event was a lot quieter on Sunday's Day 8 after notorious "speech play" enthusiast William Kassouf was eliminated on Saturday and subsequently banned from the remainder of this...
Republican Senator Blocks Fast-Tracking of Gambling Tax Fix, Demands Quid Pro Quo
The tax changes on gambling income included in the recently-passed "Big Beautiful Bill" may be repealed, but it won't happen immediately. Republican Senator Todd Young blocked an attempt to fast-track a fix...
California Ban on Sweepstakes Poker Sites Begins to Move
California is the latest state to propose a legislative ban on sweepstakes poker and casino sites, and that bill has begun the long process of working its way through the...
Maine’s Online Gambling Expansion Bill Suffers ‘Pocket Veto,’ in Limbo Until January
Maine gamblers may need to wait until 2026 to learn whether online poker and casino games will be legalized in their state. Governor Janet Mills appears to have allowed the...
Disappointing Fourth of July Numbers May Keep This Year’s WSOP Main Event From Setting a Record
Barring a huge number of late registrations on Day 2, this year's World Series of Poker Main Event will be slightly smaller than last year's, but the reason may be...
