Chris Altruda

Third Planet Media Senior Analyst - Casino Reports, Lottery Geeks, and InGame

He/Him/His
Email: [email protected]

[Chris Altruda @AlTruda73]

A look at four months of abject #SportsBetting misery by the public as the house ran wild from May to August, marked by big revenue gains in parlay and baseball wagering:

https://t.co/qu8REmBou2

#SportsBettingX #GamblingX

[Chris Altruda @AlTruda73]

@PressSec Yeah, post an op-ed from sycophant Hugh Hewitt to get your point across. Your brilliance blinds me.

In reality...

[Chris Altruda @AlTruda73]

@ButlerBets

[Chris Altruda @AlTruda73]

@LindseyGrahamSC You are THE LAST person who should be offering criticism of the Holy Father.

THE. LAST.

[Chris Altruda @AlTruda73]

Shame there isn't a NFL draft lottery, because he definitely would've been sent to Pittsburgh.

[Daily Mail Sport @MailSport]

Jets fan's double delight as he lands $1MILLION in halftime lottery... before team wins on last-second field goal https://t.co/knIfbHKioD

[Chris Altruda @AlTruda73]

@LalimesMartian Gonna be like playing in the old Boston Garden.

[Casino Reports @casino_reports]

The revenue numbers suggest there's an ever-growing appetite for online casino in Michigan, and now there's one more option for players in the state: @HardRockBet, which launched both iCasino and mobile sports betting today.

[Casino Reports @casino_reports]

The clock is ticking toward the end of 2025, but @repdinatitus isn't giving up her fight for the Fair Accounting for Income Realized from Betting Earnings Taxation Act (FAIR BET Act), which would reverse the OBBBA tax change that threatens professional gamblers.

[Chris Altruda @AlTruda73]

INBOX: The #Michigan Gaming Control Board has approved @HardRockBet for mobile #SportsBetting via Island Resort & Casino (Hannahville Indian Community).

It replaces SI Sportsbook, which had replaced TwinSpires in August 2022.

#SportsBettingX #GamblingX

[Chris Altruda @AlTruda73]

OBSERVED: #NewYork Senate Bill 5935, which would prohibit online sweepstakes games, was delivered to @GovKathyHochul. The bill, sponsored by @SenJoeAddabbo, passed in June.

Hochul has 10 days to sign or veto the bill. If she does not sign it, it becomes law.

[Chris Altruda @AlTruda73]

@toki_chunpa Hoping to see you guys in April when I make my way there!

[InGame @InGameHQ]

Kalshi’s in-house market maker is “not profitable” and traded about $310 million on sports last month, according to one of the prediction market’s co-founders.

Luana Lopes Lara — who co-founded Kalshi with Tarek Mansour — posted on X in response to a class-action lawsuit filed in the U.S. District Court for the Southern District of New York last week.

[Chris Altruda @AlTruda73]

OBSERVED: There is a near 50-50 chance total U.S. commercial October #SportsBetting handle will reach $17 billion. Current total is $13.93B with AZ, CO, IL, and KY yet to report.

All-time post-PASPA record is $16.25B established last November.

#SportsBettingX #GamblingX

[Chris Altruda @AlTruda73]

@SeanParnellUSA

[Chris Altruda @AlTruda73]

@alecrubin The expectation is the NYSGC would collect fees before the end of the calendar year since the licenses will be awarded before Jan. 1.

[Chris Altruda @AlTruda73]

For the @NYSGamingComm's Gaming Facility Location Board, it was straightforward. Three applicants, three paths to sustainable casino revenue in #NewYork.

@ResortsWorldNYC, @HardRock, and @BallysGolfFP are one step away from being licensed:

https://t.co/Q5xwUGP8LB

[Chris Altruda @AlTruda73]

I have three memberships (@lovebites_jp, @HA_NA_BIE_, and @BABYMETAL_JAPAN)... and whether they charge $3 a month or $35 for a year, they are easy price points... even for overseas fans like myself.

[Bloomberg @business]

One sector is proving immune to inflation in Japan's economy, @GearoidReidy writes — dedicated fandoms of pop stars, anime characters and YouTubers (via @opinion) https://t.co/vXtHGMPaaP

[Chris Altruda @AlTruda73]

BENCHMARK: The $2,798,667,793 in YTD state #SportsBetting tax revenue (excludes allocation to Detroit in Michigan; local PA allocation) has surpassed the full-year 2024 total of $2,796,361,794.

LA, MD, NJ all increased rates; IL added per-wager tax.

#SportsBettingX #GamblingX

[Chris Altruda @AlTruda73]

RT @InGameHQ: Things are moving quickly in the prediction markets realm, specifically around sports event contracts.

We attempted to map o…

[Chris Altruda @AlTruda73]

@ChileCulpepper Very high to near-certainty levels.

[Chris Altruda @AlTruda73]

To specify... the GFLB is forwarding these applicants to the NYSGC for casino licensure.

[Chris Altruda @AlTruda73]

FLASH: The #NewYork Gaming Facility Location Board via @NYSGamingComm has awarded gaming facility licenses to the following applicants:

Bally Bronx, Hard Rock Metropolitan Park, Resorts World New York

Story TK @casino_reports

#Casino

[Casino Reports @casino_reports]

The Gaming Floor Location Board unanimously voted this morning to forward the applications of Bally’s Bronx, Hard Rock Metropolitan Park, and Resorts World to the New York State Gaming Commission for consideration for the three downstate casino licenses available.