Acquisition
Bank of America upgrades DraftKings to Buy after 19% monthly decline
Bank of America’s upgrade highlights potentially bottoming earnings expectations and reduced prediction market cannibalisation risk for DraftKings investors.
Acquisition
Bank of America’s upgrade highlights potentially bottoming earnings expectations and reduced prediction market cannibalisation risk for DraftKings investors.
The agreement expands Peter & Sons’ distribution on a Philippine platform and includes plans for locally tailored titles.
The CFTC is codifying a rule excluding casino-style gambling products, including sports bets, from the swap definition.
Michigan’s cease-and-desist letters target 33 offshore operators over unlicensed gambling, alongside public warnings about problem gambling risks.
A ban could affect operators’ licences, market access and sponsorship revenue, while leaving the sector’s regulatory future uncertain.
Space constraints rule out a casino hotel at the proposed Dallas Mavericks arena site even if Texas changes gambling laws.
AI tools and staff training could change how the GRA reviews audits and consults internal resources.
The UKGC is recruiting a chief executive at £190,000 annually following Andrew Rhodes's departure.
The proposal would bring gaming suppliers in Enugu State within a formal licensing system.
Operators must assess whether their game formats fall within the real-money gaming prohibition while the constitutional challenge remains unresolved.
The proposed ban would restrict operators' gambling advertising during matches in Denmark.
Michigan’s letters target 33 offshore operators, while regulators warn that unlicensed sites lack player protections.
Cirsa shareholders would receive 0.668 Lottomatica shares per share under the merger plan approved by both boards.
Tender
No qualifying bids means the casino modernisation and operation lack a selected concessionaire.
Macquarie forecasts growth for US online betting and iGaming operators ahead of Q3 results despite recent gambling share declines.
The launch adds a named operator-platform partnership and a new US distribution channel for participating game suppliers.
The calculations distinguish betting deposits from operator earnings and compare government receipts with operators’ net profits.
ANJL seeks to preserve betting authorisations while Congress decides on the provisional measure.
Operators can customise the planned platform, but its launch depends on market approvals.
Vorcaro777 remains accessible with casino games and sports betting despite a provisional measure prohibiting illegal platforms from operating.
The renewal preserves Konami’s option to make public offerings despite its history of not using registrations.
Fine
Betting operators in Syracuse face enforcement over licensing, staffing and advertising requirements.
The launch adds a Bloomberry online gaming channel with player safeguards under PAGCOR oversight.
Operators and regulators face a harder enforcement task as blocked sites multiply and illegal platforms reach users directly through messaging apps.
Persson’s plan would keep Maverick Gaming card rooms operating through another company amid debts, bankruptcy proceedings and casino closures.