Lawmakers restart effort to create Canada sports betting ad framework Summary Senator Marty Deacon has reintroduced Bill S-211, restarting a national push to create a uniform framework for sports betting advertising in Canada after the previous bill (S-269) lapsed when the federal government changed. The legislation would task the Minister of Canadian Heritage with developing […]
MGM surprises with New York casino race exit, leaving three finalists Summary On 14 October 2025 MGM Resorts abruptly withdrew its application for a downstate New York commercial casino licence, abandoning a $2.3bn plan to expand Empire City in Yonkers. The company said a clustered competitive landscape and new state guidance — which it expects […]
BetMGM confirms plans to return $200m to parents in 2025 Summary BetMGM reported stronger-than-expected Q3 results, with revenue of $667m (up 23% year‑on‑year) and player spend rising to $3.16bn. The operator recorded double‑digit growth across both iGaming and sports betting, with online sports betting up 36% to $202m and iGaming up 21% to $454m. Group […]
Entain warns UK tax rise would hit bonusing, odds and sponsorships, ‘sports sector will lose out’ Summary Entain reported Q3 group net gaming revenue (NGR) increased 6% year‑on‑year (7% on a constant currency basis), reiterating FY25 online NGR growth guidance of approximately 7% and an online EBITDA margin target of 25%–26%. Ex‑US NGR rose 4% […]
You’re Asking The Wrong AI Questions. Start Here Instead. Summary AI is a structural shift, not merely a technology upgrade. The authors advise leaders to begin with value — not tools — and to rethink how work creates value by rebalancing labour, capital and energy. They propose three practical guiding questions: what won’t humans do, […]
US and UK Join Forces in Massive Crackdown Against Gambling-Linked Cyber Scam Summary US and UK authorities executed a coordinated enforcement action targeting a vast transnational criminal network alleged to have run cryptocurrency investment scams and forced-labour scam compounds across Asia. Prosecutors have charged Chen Zhi, a Cambodian–UK national linked to the Prince Group, accusing […]
Hard Rock’s Guitar Hotel in Las Vegas Is Already Taking Shape Summary The 660-foot Hard Rock Guitar Hotel is rising on the former Mirage site on the Las Vegas Strip. Workers have been installing window panes and the guitar-shaped silhouette is becoming visible. The project is part of the Seminole Tribe of Florida’s large-scale rebrand […]
BetMGM raises 2025 revenue outlook to $2.75 billion after strong third quarter | Yogonet International Summary BetMGM reported a strong Q3 performance, lifting its full-year 2025 revenue outlook to at least $2.75 billion. Third-quarter net revenue rose 23% year-on-year to $667 million, driven by gains in both online sports betting and iGaming. EBITDA swung to […]
MGM Resorts withdraws Yonkers casino licence bid, citing shifting economics and licensing terms Summary MGM Resorts International has formally withdrawn its application to convert Empire City Casino in Yonkers into a full-scale commercial casino. The company said shifting competitive dynamics and revised state guidance on licence duration undermined the financial case for its proposed $2.3 […]
Celcius Logistics and Switch Mobility Partner to Deploy India’s Largest Electric Reefer Fleet Summary Celcius Logistics has signed an MoU with Switch Mobility (Ashok Leyland’s EV arm) to roll out 350 electric refrigerated light commercial vehicles (eLCVs) across India in a deal valued at ₹100 crore. The order covers vehicles plus supporting infrastructure — parking, […]
