Caesars agrees to sell WSOP intellectual property to NSUS for $500 million
The sale transfers WSOP intellectual-property rights while Caesars retains specified live-event and online-poker rights, subject to approvals.
All news
Reports
DraftKings plans surcharge on net winnings in four US states
The proposed charge could change customer payouts and operators’ approach to passing gaming taxes on to bettors.
DraftKings authorises up to $1bn in share repurchases after Q2 revenue growth
The repurchase authorisation and revised forecasts provide investors with updated information on DraftKings’ capital plans and outlook.
OLG begins phased rollout of self-serve lottery terminals in Ontario
Lottery retailers and suppliers may be affected as OLG expands terminal access across the province.
Source: OLG
Uganda launches national lottery operated by ITHUBA Uganda
The launch establishes ITHUBA Uganda as the lottery operator and sets out a government revenue allocation.
Source: NLGRB (Uganda)
UKGC reports online gambling GGY rises 12% to £1.46bn in Q1
Operators can track Britain’s online gambling performance while accounting for possible shifts in vertical classifications.
Bally’s raises Chicago casino budget to $1.3bn during Q2 call
The revised project budget and approval process affect Bally’s planned Chicago development and its capital requirements.
Bally’s Interactive launches sportsbook app in Maryland
Maryland bettors gain Bally Bet’s app, offering in-game betting and same-game parlays through a partnership with named providers.
Pennsylvania casino owners challenge unequal taxation of skill games
The lawsuit could change casino slot taxation or the treatment of cash-paying skill-game terminals in Pennsylvania.
Appointment
Century Casinos appoints Eric Rose to lead Nugget Casino Resort
The appointment puts Rose in charge of the resort as Century completes a leadership transition.
SBX signs Colorado market-access agreement with Gilpin Casino
SBX’s planned Colorado launch depends on regulatory approval as well as its agreement with Gilpin Casino.
IGT details $6.3bn Apollo transaction and reports $1.049bn in Q2 revenue
Investors can assess how the planned sale proceeds may support debt repayment and shareholder returns after completion.
Results
IGT withdraws 2024 outlook after planned Apollo business sale
Investors and suppliers must evaluate IGT’s continuing operations without a full-year 2024 financial outlook.
KSA publishes Holland Casino AML designation following court ruling
Operators can review KSA findings on player-behaviour checks and source-of-funds controls that led to Holland Casino’s designation.
Results
XLMedia reports $10.4m continuing-business revenue in H1 2024
Investors can assess XLMedia’s continuing-business results, expected 2024 adjusted EBITDA and planned return of net sale proceeds.
Appointment
LeoVegas appoints Carl Brincat as director of policy and regulatory affairs
The appointment gives LeoVegas a named lead for regulatory relationships as it pursues expansion into new markets.
Appointment
Labour appoints Fiona Twycross as UK gambling minister
The division of gambling responsibilities identifies which ministers operators and stakeholders may need to engage in each parliamentary house.
Bally Bet launches mobile sports betting in Maryland
The Maryland launch adds competition, while the proposed purchase leaves Bally Bet’s online operation’s future uncertain.
New York assemblyman proposes extending ad rules to mobile sportsbooks
If passed, the bill would extend existing advertising requirements to mobile sportsbook operators in New York.
North Rhine-Westphalia police say they lack capacity to tackle illegal gambling
Reported staffing, equipment and coordination shortages may constrain authorities’ efforts against illegal gambling.
Acquisition
Apollo agrees to buy IGT Gaming and Everi in a $6.3bn deal
The proposed transaction reshapes ownership of two suppliers and leaves IGT's lottery business separate.
Boyd Gaming declines to clarify reported approach to PENN
The comments leave investors without confirmation of a potential transaction or its financing approach.
Licence
Hard Rock Casino launches in the Netherlands after KSA licence
The licensed Dutch launch establishes Hard Rock Casino’s online presence, while a sports betting licence remains a planned application.
Results
Churchill Downs reports Q2 revenue of $890.7 million
The reported results and planned capital projects provide operators and investors with updates on Churchill Downs' performance and expansion plans.
Pennsylvania Gaming Control Board adds seven people to online exclusion list
Online operators in Pennsylvania must exclude the seven individuals from gambling through their platforms.