SkyCity Advances Toward Sale of Adelaide Casino
Australia

SkyCity Advances Toward Sale of Adelaide Casino

SkyCity Entertainment Group is preparing to launch a formal sale process for SkyCity Adelaide, its only operating casino in Australia, after receiving inquiries from what the company describes as credible interested parties....

MGM and People Inc. Takeover Talks Flip as MGM Weighs Counter-Bid
Gaming

MGM and People Inc. Takeover Talks Flip as MGM Weighs Counter-Bid

Takeover negotiations between MGM Resorts International and People Incorporated have taken an unexpected turn, with new reporting indicating that MGM is now considering a bid to acquire the media company controlled by...

Illegal Betting Sites Multiply in Brazil Within Days of Lula’s Gambling Ban
Headlines

Illegal Betting Sites Multiply in Brazil Within Days of Lula’s Gambling Ban

Brazil’s prohibition on online betting has been followed almost immediately by a surge of illegal gambling operations, underscoring the enforcement challenges facing the country after President Luiz Inácio Lula da Silva signed...

Flutter Entertainment Warns of €60m Hit as Brazil Bans Online Gambling
Headlines

Flutter Entertainment Warns of €60m Hit as Brazil Bans Online Gambling

Flutter Entertainment, the owner of Paddy Power and Betfair, has suspended its online betting and gaming operations in Brazil and warned that the country’s sudden ban on the sector could cost the...

Former Entain CEO Gavin Isaacs Appointed to GLI Board in Advisory Capacity
Gaming

Former Entain CEO Gavin Isaacs Appointed to GLI Board in Advisory Capacity

Gaming Laboratories International (GLI), the gaming technology testing and certification company, has announced that industry veteran Gavin Isaacs has joined its Board of Directors in an advisory capacity. The formal appointment remains...

Entain Cuts Revenue Outlook After Brazil Online Betting Ban
Headlines

Entain Cuts Revenue Outlook After Brazil Online Betting Ban

Entain, the London-listed operator behind Ladbrokes, Coral and bwin, has lowered its full-year revenue outlook following the Brazilian government’s decision to ban online betting operations, a move that dismantles one of the...

Rank Group Warns Machine Games Duty Rise Could Put a Third of Its Venues at Risk
Europe

Rank Group Warns Machine Games Duty Rise Could Put a Third of Its Venues at Risk

Rank Group, the operator behind Mecca Bingo and Grosvenor Casinos, has cautioned that a proposed increase in Machine Games Duty (MGD) could render approximately one-third of its venues unviable, placing the future...

Sixth Circuit Rules Against Kalshi, Allowing States To Regulate Prediction Markets
Headlines

Sixth Circuit Rules Against Kalshi, Allowing States To Regulate Prediction Markets

A federal appeals court has dealt a significant setback to prediction market operator Kalshi, ruling that states Ohio and Tennessee may regulate the company’s sports-related event contracts under their respective gambling laws....

Lula Signs Executive Order Banning Betting Operations in Brazil From 6 October
Headlines

Lula Signs Executive Order Banning Betting Operations in Brazil From 6 October

Brazilian President Luiz Inácio Lula da Silva has signed an executive order banning online betting operations across Brazil, with licensed betting websites and applications set to be blocked from 6 October. The...

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