Gaming and Leisure Properties to acquire Live! Casino & Hotel Virginia site and fund construction Summary Gaming and Leisure Properties Inc. (GLPI) will buy the real estate for the under-construction Live! Casino & Hotel Virginia in Petersburg and provide construction financing in a deal valued at $467 million. GLPI will pay $27 million for the […]
Prediction market Polymarket plans token release and airdrop with US comeback Summary Polymarket has confirmed it will launch a native token (POLY) and run an airdrop, but only after completing its US relaunch via QCX, the CFTC-registered exchange it acquired. CMO Matthew Modabber said the token and airdrop will follow the US return, with the […]
Malta broadens economic support for iGaming in 2026… Summary The Maltese Government’s draft Budget 2026 outlines a range of fiscal measures and targeted programmes designed to boost value-adding industries, with specific support for the iGaming sector. The Budget forecasts higher tax receipts for 2026 (c. €7.8bn) and highlights gaming-related contributions within licences, taxes and fines […]
New Japan prime minister signals commitment to casino industry, IR resumption Summary Newly elected Japanese prime minister Sanae Takaichi has ordered Tourism Minister Yasushi Kaneko to resume promotion of integrated resorts (IRs) as part of a broader growth strategy. Takaichi, a follower of the late Shinzo Abe, signalled that IRs should be used to boost […]
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 […]
