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Does a slump in shares compound DraftKings’ festive season blues after it got hit with another legal challenge in a week, this time for its takeover of Golden Nugget Online Gaming? [Image: Shutterstock.com] Securities law violations A US class action law firm has announced it is investigating DraftKings’ acquisition of Golden Nugget Online Gaming for…
Phil Hellmuth could well be on the run of his life, and that’s saying something. Hellmuth won a record 16th World Series of Poker (WSOP) bracelet at a Lowball event on October 17 at the Rio Casino in Las Vegas. Then he followed that up three days later with a second-place finish in the World…
Churchill Downs is reportedly looking at possibly selling its TwinSpires Racing betting brand. [Image: Shutterstock.com] Considering its options Churchill Downs is considering selling its TwinSpires Racing brand. As reported by Bloomberg on Thursday, anonymous sources close to the matter have disclosed news of a possible sale of the Kentucky Derby’s official betting partner. Churchill Downs’…
The Northern Territory (Australia) Racing Commission has fined Entain AU$26,690 after agents of its Neds brand offered new customers cash bonuses for opening accounts. [Image: Shutterstock.com] Breach of license An Australian racing regulator has fined Entain AU$26,690 ($19,074) for breaching its sport betting license by offering cash bonuses to new customers. US Financial analyst Alphonso…
All across the world, gamblers have adopted some crazy superstitions to improve their chances of success, from avoiding dogs to refusing to wash. [Image: Shutterstock.com] A crazy world Whether you keep a dead rabbit’s foot in your pocket to stroke while you play poker or wear your lucky pants whenever you gamble, you’re certainly not…
The Gen Z generation represents those born in 1997 to 2012 and is perhaps the most complex case study for online gambling operators. Those legally allowed to gamble among this demographic group frequently value the fun experience and uniqueness of exciting video slots and new games with excellent graphics. So, as more of this generation…
Entain is reportedly looking to strengthen its footprint in the Baltics by offering $1bn to buy Olympic Entertainment Group. [Image: Shutterstock.com] Baltic force International gambling and sports betting company Entain has reportedly offered to buy Olympic Entertainment Group for more than $1bn. Olympic is one of the leading gambling concerns in the Baltic region. Neither…
UK MPs have received freebies and/or money worth over £200,000 ($268,444) from gambling operators since August 2020. [Image: Shutterstock.com] Long list of politicians UK gambling operators have given more than £200,000 ($268,444) worth of wages and gifts to MPs over the past 14 months. A report published on Monday by the Guardian outlined how 28…
Following a change of strategy, Wynn Interactive will no longer be committing to a reverse merger with a SPAC to go public. [Image: Shutterstock.com] Taking a different route Wynn Resorts is no longer planning to spin off its online gambling division, Wynn Interactive. The casino company previously had plans to merge Wynn Interactive with the…
Archie, Cooper, Peton, and Eli Manning family are now official brand ambassadors for the Caesars Sportsbook after signing a multi-year partnership. [Image: Shutterstock.com] Boosting fan experiences The Manning family has entered a partnership with the Caesars Sportsbook to become ambassadors for the operating. The entire Manning football clan – Archie and sons Cooper, Peyton, and…
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