Another Quarter Of Beat & Raise Earnings For BetRivers Parent Summary Rush Street Interactive (RSI), parent company of BetRivers, posted its 10th consecutive quarter of revenue growth. Q3 revenue rose 20% year-on-year to $277.9 million, while adjusted EBITDA increased 54% to $36 million. The company raised its 2025 adjusted EBITDA guidance to a $150 million […]
Tonko To Leagues: Back SAFE Bet Act Or Bear Blame of ‘Next Scandal’ Summary Congressman Paul Tonko has sent letters to commissioners of major US sports leagues — including the NFL, NBA and MLB — urging them to publicly back the SAFE Bet Act or accept responsibility for any future gambling scandals. The move follows […]
Marina Bay Sands found ‘negligent’ in data breach that affected 665,000 patrons Summary Singapore’s Marina Bay Sands (MBS) has been fined S$315,000 by the Personal Data Protection Commission (PDPC) after a 2023 software migration exposed the personal data of 665,495 patrons for more than six months. A single employee manually handled API configuration transfers without […]
NBA gambling arrests bring loud noises from US Congress Summary FBI arrests linked to an illegal gambling scheme involving NBA figures have prompted bipartisan pressure in the US Congress for federal reform of sports betting. Lawmakers are pushing a range of measures: a nationwide ban on collegiate player prop bets, federal advertising and affordability standards, […]
Another prominent California bookie sentenced as crackdown continues Summary Christopher Scott King, a Southern California bookmaker, was sentenced in a Los Angeles federal court to 21 months in prison after pleading guilty to operating an illegal gambling business, tax evasion and money laundering. Prosecutors say King generated more than $13m in unreported income through 2022. […]
GambleAware urges ban on influencer marketing to reduce impact of gambling ads on children Summary UK charity GambleAware says current online gambling marketing rules are outdated and calls for new laws to better protect children. Its report, “Online gambling: Are current regulations fit for the digital age”, warns that children are widely exposed to gambling […]
‘Shell shocked’ sector sounds alarm on Denmark’s gambling crackdown Summary Denmark’s government has agreed Spilpakken 1, a package of stricter gambling rules that includes a whistle-to-whistle ban on betting adverts during live sport, tighter controls on outdoor promotion (notably within 200 metres of schools), and limits on free-to-play (FTP) bonuses. Industry figures, led by Morten […]
Gambling Commission suspends Spribe’s licence Summary The UK Gambling Commission has suspended Spribe OÜ’s UK operating licence after finding the supplier failed to meet the regulator’s hosting requirements. The Commission said the suspension was necessary on “grounds of suitability” due to “serious” non-compliance, and Spribe must immediately halt all hosting activity until a suitable host […]
NVIDIA Becomes First Public Company Worth $5 Trillion Summary NVIDIA has become the first publicly traded company to exceed a $5 trillion market capitalisation, reaching roughly $5.05 trillion as its share price climbed above $207. The surge is driven by overwhelming demand for NVIDIA’s AI GPUs, large AI‑chip orders (estimated at $500 billion), and new […]
MGM CEO: ‘Shame on us’ about high prices in Las Vegas Summary MGM Resorts CEO Bill Hornbuckle acknowledged on an earnings call that the company — and the wider Las Vegas industry — overstepped on pricing, pointing to examples like expensive bottled water and pricey coffee at lower-end Strip properties. MGM says it has “price […]
