Author: Steve Tyler

Gaming and Leisure Properties to acquire Live! Casino & Hotel Virginia site and fund construction Summary Gaming and Leisure Properties Inc. (GLPI) will acquire the real estate for the under-construction Live! Casino & Hotel Virginia in Petersburg and provide $440m in construction financing, in a transaction valued at $467m. GLPI will pay $27m for the […]

Prediction market Polymarket plans token release and airdrop with US comeback | Yogonet International Summary Polymarket has confirmed it will launch a native token (POLY) and run an airdrop, but the rollout will wait until after the company completes its US relaunch through QCX, a CFTC‑regulated exchange the firm acquired in July 2025. The move […]

Ontario First Nation continues legal challenge over casino revenue agreements Summary The Mississaugas of Scugog Island First Nation (MSIFN) has renewed legal proceedings against the Ontario government, alleging breaches in revenue-sharing agreements after the City of Pickering received almost CAD 3.8 million in third-quarter hosting payments linked to the Pickering Casino Resort. MSIFN argues the […]

Leap into safety: Frogo’s mission to convert losses into profit Summary Fraud in iGaming has surged — reported rises of more than 60% year-on-year — and many operators are losing double-digit percentages of revenue. Frogo, led by CEO Volodymyr Todurov, argues that fraud prevention should stop being a cost centre and become a profit enabler […]

New Japan prime minister signals commitment to casino industry, IR resumption Summary Sanae Takaichi, Japan’s newly elected prime minister, has instructed Tourism Minister Yasushi Kaneko to resume efforts to promote integrated resorts (IRs) as part of a broader economic growth strategy. Drawing on the legacy of Shinzo Abe, Takaichi signalled she wants to restore Japan […]

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, asking the court to block a New York State Gaming Commission cease-and-desist order that accused the company of offering sports betting without a state licence. The firm […]

Banijay Group acquires majority stake in Tipico, plans Betclic merger Summary Banijay Group has bought a 65% stake in Tipico Group from private equity firm CVC and says it may raise its holding to at least 72% via call options. The acquisition is backed by a financing package of €3 billion and will be paid […]

Allwyn details financing plans for $1.6 billion PrizePicks acquisition Summary Allwyn International has launched a USD 1.64 billion Term Loan B to fund its acquisition of a 62.3% majority stake in PrizePicks, with an initial cash consideration of USD 1.6 billion. The deal values PrizePicks at an enterprise value of USD 2.5 billion today, with […]

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 rises on betting and gaming would cause serious harm to the UK industry, according to independent analysis by EY commissioned by the BGC. The EY study says the plans […]