Flutter NYSE primary listing transition sees CFO Edgecliffe-Johnson depart
Plans for Flutter to list shares on the NYSE were announced in December, with the group eyeing a secondary listing. This then escalated in May when shareholders voted to approve to relocate its...
View ArticleSwedish court reduces Mr Green penalty fee to SEK12m
On Monday (27 May), the Court of Appeal ruled that Spelinspektionen had acted proportionately when it issued a SEK31.5m penalty fee against Mr Green in August 2021. The penalty fee had been issued in...
View ArticleStar names Crown’s Mok as new COO in latest senior management change
Mok will begin her new COO role at Star effective 11 June and lead remediation efforts at the group. She joins Star after more than two years with Crown Resorts. There, she was most recently chief...
View ArticleGenting Berhad sees net profit rocket after Q1 revenue growth
Group revenue for the three months through to 31 March at Genting Berhad hit RM7.43bn (£1.24bn/€1.45bn/$1.58bn). This is comfortably ahead of the RM5.82bn in Q1 of last year. The group saw growth...
View ArticleState of the Union: A look back at the week that was in North America
SCOTUS sets conference Florida wagering case date The US Supreme Court will conference 13 June to discuss West Flagler Associates (WFA), Ltd vs Deb Haaland. The case could change the course of legal...
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Queens casino plans in doubt as key lawmaker declares opposition
Hedge-fund billionaire Cohen has set out plans for a development at Citi Field, the New York Mets’ stadium in Flushing Meadows-Corona Park. The proposed $8bn development in partnership with Hard Rock...
View ArticleKey Penn shareholder: Sell ESPN Bet to save face and prop up share prices
Significant shareholder Donerail sent a letter to the Penn board of directors and board chair David Handler. In the letter, Donerail urged the company to sell assets to generate “meaningful and...
View ArticleIllinois’ proposed high sports betting tax rate could backfire on lawmakers
On the face of it, raising the sports betting tax rate seems like a good way for any state to bring in more revenue. But stakeholders say Illinois consumers will likely be the recipients of unintended...
View ArticleGiG confirms strategic acquisition of Casinomeister
GiG, which expects to close the Casinomeister acquisition this month, says the deal will have an immediate positive financial impact. This, GiG adds, is set to increase going forward when fully...
View ArticleBetMakers pens market access deals with Bet365 in New Jersey and Colorado
Under the agreements, BetMakers will offer fixed-odds bets on thoroughbred horse racing to Bet365 customers across both states. Both deals run for a period of two years. Bet365 will be licensed to...
View ArticleMacau gambling revenue hits post-pandemic record of MOP20.19bn in May
The May total surpassed the previous post-pandemic high in Macau of MOP19.50bn. This was first hit in October of 2023 and equalled in March this year. Revenue was also 8.8% ahead of MOP18.55bn in...
View ArticleNL regulator sets €300 deposit limit for players aged 18-24
Announcing the new rules today (3 June), KSA hailed the new deposit limits as being a “major step” in creating a safer market for young people. The Responsible Gaming Policy Rule was published in the...
View ArticleUS April round-up: Betting growth in Virginia, mixed month for Colorado
Virginia reported an increase in both sports betting revenue and handle in April. However, while Colorado saw player spending rise year-on-year, total wagering revenue was lower. Beginning in...
View ArticleGambleAware donations up to £49.5m in 2023-24
The 2023-24 figure exceeded the previous year by £3.1m. GambleAware uses the funding to support work including public health campaigns, education and training, harm prevention tools, treatment and...
View ArticleOhio sports betting revenue hikes 15.8% to $73.9m in April
The April revenue was a sizeable rise on the $63.8m reported in Ohio in March. The figure also takes Ohio to a year-to-date sports betting revenue of $317.1m. Online accounted for $72.8m in revenue,...
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Weekend Report: Penn, Caesars shares rise after investor comments
Investor letter sparks Penn stock rise the donerail group was heavily critical of penn entertainment management After a Penn Entertainment shareholder sent a letter urging Penn to sell assets last...
View ArticleEngland cricketer Carse banned for betting breach
The punishment from the Cricket Regulator states 13 months of Carse’s 16-month ban will be suspended. Brydon’s team Durham says he can train during his ban, which will run until 28 August. The...
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Media deals with affiliates not looking so good after Google Search revamp
The affiliate-media partnership deals that were in vogue the last few years were the primary target. If I can be so bold as to quote Happy Gilmore, “Talk about your all-time backfires.” The overall...
View ArticleMLB investigating Padres player, four minor leaguers for betting on baseball
MLB – and all of the US professional sports leagues – prohibit players from betting on their own sport. MLB players who bet on their own teams face a lifetime suspension. The penalty for betting on...
View ArticleIntralot names Nikolakopoulos as new CEO after mixed Q1
Nikolakopoulos becomes CEO of Intralot with immediate effect. He will also sit on the board with 11 other members including chairman Sokratis Kokkalis and vice-chair Constantinos Antonopoulos....
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