Stifel raises Penn Entertainment price target to $25
The analyst cited online casino growth and reduced digital losses when raising Penn’s price target and maintaining a buy rating.
All news
Reports
Italy’s Court of Cassation upholds convictions in clandestine lottery case
The ruling confirms criminal liability for an organised illegal lottery operation and its established mafia link.
Italy’s Court of Cassation says gaming venues may choose standard VAT regime
Gaming-machine businesses can argue for standard VAT treatment based on their accounting and tax conduct.
CFTC challenges New Mexico’s authority over Kalshi prediction markets
The case could determine whether state gaming laws can be applied to prediction markets overseen by the CFTC.
RubyPlay launches games with Fanatics Casino in New Jersey
The partnership makes RubyPlay games available on Fanatics Casino’s New Jersey platform.
Guardia di Finanza executes 13 custody orders in Palermo betting investigation
The investigation concerns alleged illegal sports betting operations and cash-based betting collection in Palermo.
URHH warns Slovak licensees over World Cup marketing compliance
Slovakia's URHH warned online and land-based licensees to keep World Cup marketing within consumer protection and responsible gambling standards.
Illinois Lottery reports April sales of $312.2m
The sales figure gives lottery stakeholders a reported measure of Illinois Lottery performance for April.
Lazio Regional Administrative Court upholds ADM rules for online concessionaires
The ruling confirms that non-applicant concessionaires face restrictions and an orderly wind-down under the transition rules.
PG SOFT names Chris Gayle global brand ambassador
Chris Gayle’s ambassador role will support PG SOFT’s international marketing, promotions, social media and player engagement.
Madrid allows taxpayers to request gambling tax certificates
The rules set conditions and a fee for operators or other taxpayers seeking records of gambling-tax payments.
Madrid approves taxpayer-defence bill covering regional gambling taxes
Gambling companies could use the proposed tax account to check their fiscal information and case status.
Gary Gensler backs Ohio in dispute over federal sports betting oversight
The court’s treatment of sports contracts could affect whether states or federal regulators oversee prediction-market betting.
JPMorgan estimates MGM Osaka could add $31 per share in value
The estimate links the Osaka project’s potential value to MGM’s share valuation and its planned 2030 opening.
Appointment
Macau appoints Ng Wai Han as economy and finance secretary
The appointment changes leadership in Macau’s economic portfolio while leaving the gaming regulator’s next director unannounced.
Forsyth Barr forecasts SkyCity free cash flow yield could reach 20% in FY28
The analysts’ projections may inform investor expectations for SkyCity’s cash generation and dividends.
Tender
Chile’s competition tribunal suspends Viña del Mar casino tender
The suspension pauses the Viña del Mar permit award while the tribunal examines whether its conditions restrict competition.
Brazil’s prosecutor seeks suspension of Rio Grande do Sul betting ad law
A suspension could affect the law’s planned advertising restrictions and enforcement powers for operators in Rio Grande do Sul.
Santa Fe senator introduces bill targeting illegal online gambling
The proposal could create new controls on illegal gambling promotion and access in Santa Fe if enacted.
NGCB asks Nevada court to hold Kalshi in contempt
The court’s decision could affect Kalshi’s ability to offer event contracts in Nevada.
FERJ suspends Carioca Series C after manipulation concerns in three matches
The suspension disrupts the tournament while authorities investigate integrity concerns affecting three matches.
Florida attorney general sends payment companies cease-and-desist letters over gambling sites
The letters put payment processors on notice of potential legal action over transactions involving unauthorised gambling operators in Florida.
CAIXA adjusts lottery draw schedule for Brazil’s World Cup matches
Lottery operators and players must account for revised draw times and sales deadlines on the affected dates.
MPDFT opens investigation into Spribe and Aviator in Brazil
The inquiry and suspension recommendation could affect Aviator’s certification and availability to Brazilian operators.
Appointment
Aruba seeks board members and lawyer for new gambling authority
The recruitment marks a step in establishing Aruba’s independent gambling regulator and its licensing and enforcement functions.