Rivalry announced that five senior executives had resigned from its board. The departures include three of the company’s four co-founders; Demi Abidogun-Benson also left her role as interim chief financial officer.
The departures affect Rivalry’s board and include the executive responsible for its interim finance role.
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The Nevada Gaming Control Board told licensees they may round cash-outs up or down to the nearest five-cent increment as penny supplies diminish. Casinos must disclose their policy, and operators may deduct rounding-related amounts from state gaming revenue if they document the deduction, the Board’s tax and licence division chief said.
Nevada’s Gaming Control Board issued guidance in March requiring casinos and other gaming establishments to round transactions to the nearest five cents after US penny production ended. Licensees must tell patrons how they round, including at ticket-redemption points. Operators may choose whether to deduct rounding differences from gross gaming revenue, but charitable donations of leftover amounts cannot be deducted.
The Pennsylvania Gaming Control Board voted unanimously on 29 April to renew Greenwood Gaming and Entertainment’s Category 1 horse track casino licence for Parx Casino. The renewal extends the licence for five years after the Board determined the operator had met its existing licence obligations.
Mohegan Sun promoted Kayla Smith to manager of sports and entertainment and Matt Dole to director of entertainment strategic planning, with the appointments announced on 10 November. Smith will continue handling contracts and schedules and take on venue booking duties; Dole will liaise with Live Nation and artist-management agencies.
DraftKings reportedly notified affected employees of staff cuts the week before its third-quarter results; the company declined to comment on personnel decisions. The number of affected employees is unknown, while DraftKings reported third-quarter revenue of $1.33bn and lowered its 2026 adjusted EBITDA forecast to $175m-$275m.
DraftKings reportedly notified employees of job cuts last week, days before publishing its third-quarter results. The number affected is unknown, and the company did not disclose a figure. A company spokesperson declined to comment on personnel decisions.