California Tribe Launches Federal Legal Battle Following Sudden Closure of $700 Million Casino Project
A highly anticipated $700 million tribal gaming project in Northern California has abruptly stalled, prompting immediate federal litigation. The Scotts Valley Band of Pomo Indians was forced to shutter its temporary, invite-only “preview casino” in Vallejo on August 1, just seven days after its initial launch. The rapid closure follows a More...
Colorado Implements New Sports Betting Deposit Limits
Colorado has enacted new regulations that will limit the number of deposits individuals can make for sports betting. This initiative, part of the Sports Betting Protections Act, is designed to promote responsible More...
Century Casinos Eyes Divestment of Canadian Properties
Century Casinos is evaluating a strategic divestment of its Canadian properties, signalling a potential withdrawal from the market. The gaming operator has announced plans to explore the sale of its Alberta assets, More...
Bally’s Chicago Halts Hotel Construction Over Video Gambling Dispute
Bally’s Chicago has halted construction on its hotel and entertainment complex, the project freeze stems from an ongoing dispute over video gambling terminals (VGTs) in Illinois, creating uncertainty around More...
New York Sports Betting Revenue Hits Record High as Bettors Lose Big in July
New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant losses during this period, contributing to record-breaking operator revenues that defied typical More...
DraftKings Revenue Falls to $1.44B on Customer Wins, Sports Betting Payouts
DraftKings revenue fell 5% year-on-year to $1.44 billion in the second quarter, missing Wall Street’s $1.55 billion estimate. The gaming company posted a net loss of $67.6 million, a significant reversal from More...
Penn Entertainment Hits Record Q2 Retail Gaming Revenue Amid iGaming Surge
Penn Entertainment achieved record quarterly retail gaming performance as the company posted $1.5 billion in revenue for the second quarter. The milestone reflects strong execution across the company’s regional More...
Ontario Sports Betting Crosses $1 Billion Mark in June
Ontario sports betting reached a new milestone in June, with operators reporting $1.03 billion in total wagering handle. This marked the eighth consecutive billion-dollar month for the province, demonstrating sustained More...
Utah Judge Blocks Sports Prediction Markets Under State Gambling Laws
A federal judge denied Kalshi’s request to block Utah’s enforcement of gambling laws against sports prediction markets, ruling that state restrictions are not overridden by federal commodities regulations. More...
Light & Wonder Posts 26% Income Growth Despite SciPlay Setback
Light & Wonder delivered a 26 percent year-on-year increase in second-quarter net income to $120 million, demonstrating resilience in its higher-margin operations. Consolidated revenue rose 2 percent to $828 More...
