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Bexar County authorities raid San Antonio gambling venues over card payouts

Enforcement & compliance

Bexar County authorities raided seven suspected illegal gambling establishments in San Antonio, Texas, on Wednesday, taking 23 people into custody and seizing more than 500 gaming machines. Sheriff Javier Salazar said some venues awarded Pokémon and sports cards that customers could allegedly exchange for cash nearby; 13 people face drug-possession and gambling-promotion charges. Separately, Flutter said FanDuel is testing digital card rips through its rewards programme.

A black and white view of a courtroom with many people sitting at desks.

The raid and card-payout allegations highlight enforcement exposure for gambling venues using resalable merchandise as prizes.

End-of-day close Flutter (FLUT), USD, to 4 November 2026
Story date21 September 20264 November 2026

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 June 2026

Revenue
USD 4.33bn
Operating income
−USD 144.0m10-Q filing 0001635327-26-000056

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Flutter reports $1.15bn Q3 net loss after $873m Brazil charge

Flutter Entertainment reported a net loss of $1.15bn for the three months ended 30 September, compared with $789m a year earlier. It recorded an $873m non-cash charge relating to Brazil and said it closed its Brazilian operations on 26 September after a provisional measure banned online betting and gaming.

Flutter Entertainment's third-quarter loss grew, driven by a sizeable non-cash charge connected to its Brazilian business. The operator's net losses rose to $1.15bn in the three months ended 30 September, against $789m a year earlier. Brazil was the main source of the damage, as Flutter booked a non-cash charge of $873m after challenging trading conditions and a government move to ban online sports betting.

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