Kalshi challenges New York crackdown on prediction markets in federal court Summary Kalshi has filed suit in the US District Court for the Southern District of New York to block a cease-and-desist order from the New York State Gaming Commission that accused the platform of offering sports betting without a state licence. The company argues […]
Banijay Group acquires majority stake in Tipico, plans Betclic merger Summary Banijay Group has bought a 65% stake in Tipico Group from CVC and intends to increase that holding to at least 72% via call options. The cash deal is backed by a financing package of €3 billion. Banijay will merge Tipico with Betclic to […]
Allwyn details financing plans for $1.6 billion PrizePicks acquisition Summary Allwyn International has unveiled a US$1.64 billion Term Loan B to finance its purchase of a 62.3% majority stake in PrizePicks, with an initial cash consideration of US$1.6 billion. The deal values PrizePicks at an enterprise value of US$2.5 billion today, with potential upside to […]
Betting and Gaming Council warns further tax increase will devastate UK betting industry Summary The Betting and Gaming Council (BGC) has warned that proposed further tax increases on betting and gaming would cause major job losses, harm the UK economy and boost the gambling black market. Independent EY analysis, commissioned by the BGC, concludes the […]
‘A hole inside you’: Parents of armed protester killed by police speak at trial Summary A federal civil trial continues over the 2020 shooting death of 25-year-old Black Lives Matter protester Jorge Gomez in downtown Las Vegas. Gomez’s mother and father testified about the emotional toll of his death, describing him as a close, loving […]
Las Vegas casino boss, wife to lead fundraising effort for Southern Nevada children’s hospital Summary Bill Hornbuckle, president and CEO of MGM Resorts International, and his wife Wendy have been named co-chairs of the Nevada Campaign for Kids, a fundraising drive run by the Intermountain Foundation to help raise nearly $1 billion for a stand-alone […]
Lawsuit claims Henderson teacher assaulted special needs student Summary Parents of a nonverbal student with autism and Down syndrome have filed a lawsuit against the Clark County School District alleging their son, identified as G.R., was physically and verbally assaulted by a teacher at Basic Academy of International Studies. The complaint, filed by Arias Sanguinetti […]
Amazon cuts 14K corporate jobs as spending on artificial intelligence accelerates Summary Amazon announced cuts of about 14,000 corporate roles — roughly a 4% reduction of its ~350,000 corporate headcount — as it pours investment into artificial intelligence and related infrastructure. Most affected employees will have 90 days to seek internal roles; those who can’t […]
Hurricane Melissa is set to hit Jamaica as its strongest storm since records began Summary Hurricane Melissa, a Category 5 system with sustained winds of 185 mph (295 kph), is moving toward Jamaica and expected to make landfall on Tuesday, 28 October 2025. Authorities warned of catastrophic winds, life‑threatening storm surge up to 13 feet […]
NBA Scurries to Protect League Integrity amid Largest Scandal to Rock It Summary The NBA has moved into damage-control mode after the arrests of Miami guard Terry Rozier and Portland coach Chauncey Billups, part of a wider sweep that names roughly 34 people connected to illegal betting and Mafia-run poker games. Commissioner Adam Silver has […]
