Location: +United States
NFL raises concerns over CFTC prediction market plans
The National Football League is upping its pushback against prediction market regulations, with a new letter raising concerns about the... more
Women Empowering Women for Indian Nations conference honors Ernie and Cheryl Stevens
The Indian Gaming Association this week joined tribal leaders, Native women, and advocates from across Indian Country at the Women... more
Las Vegas soft, regionals strong in Caesars Q2 earnings report
With a deal pending to be acquired by Fertitta Entertainment, Caesars Entertainment Tuesday released second-quarter results that reflected... more
High rollers attending World Cup elsewhere likely contributed to Las Vegas Strip’s revenue decline
The Las Vegas Strip saw a slight dip in gaming revenue in June that one Wall Street analyst attributed to the World Cup keeping high... more
Fanatics brings prediction market fully in-house with Water Street Labs acquisition
Fanatics has acquired derivatives clearinghouse Water Street Labs from Nasdaq-listed BGC Group so it can offer its own federally regulated... more
Sports betting industry spending on U.S. midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72... more
BetMGM revenue up in igaming, flat in sports betting in second quarter
The second quarter brought in $711 million of net revenue to BetMGM, up 3% year-over-year. BetMGM experienced an 8% spike in igaming... more
World Cup engagement buoys BetMGM in second quarter
BetMGM CEO Adam Greenblatt called the second quarter “another quarter of focused execution,” albeit one that “came in a little lighter. ”... more
Congress hits a wall on reining in sports betting, prediction markets
Lawmakers appear to have stalled out on a months-long effort to pass legislation imposing new rules on the booming business of sports... more
Kalshi threatens legal action against Netflix over new prediction markets documentary
Kalshi is threatening legal action against Netflix over its new documentary Instadocs: The Prediction Games, which premiered on 26 July and... more
