BetMGM Posts Q3 2025 Update, Highlights Double-Digit Increase in Revenue Summary BetMGM reported a strong Q3 2025 with net revenue of $667 million, a 23% year-on-year rise, and Q3 EBITDA of $41 million — a marked improvement from an EBITDA loss in Q3 2024. Year-to-date EBITDA stands at $150 million. iGaming net revenue was $454 […]
Second defendant admits guilt in retired officer’s killing Summary A second defendant, 18-year-old Jzamir Keys, pleaded guilty to second-degree murder on Tuesday in the 2023 killing of 66-year-old Andreas Probst, a retired police chief from Bell, California. Prosecutors allege Keys and co-defendant Jesus Ayala, then teenagers, deliberately struck Probst with a vehicle on 14 August […]
Bally’s Reveals When Its New Las Vegas Resort Will Be Completed Summary Bally’s Corporation has filed updated plans with Clark County for a multiyear, mixed-use resort built around the future Major League Baseball stadium for the Oakland (now Las Vegas) Athletics. The full development is projected at 3.56 million sq ft and will include hotel […]
Grammy-winning R&B singer D’Angelo dies at 51 Summary D’Angelo (born Michael Eugene Archer) has died at the age of 51 after a prolonged battle with cancer, his family said. The Virginia-born singer helped define the 1990s neo-soul movement with his debut album Brown Sugar and achieved wider fame with the minimalist, shirtless video for “Untitled […]
Is Kenya set to cash in on betting tax gamble? Summary Kenya’s National Parliament has cut the excise duty on bets from 15% to 5% and shifted the tax point from wagers to withdrawals from players’ betting accounts. The Parliamentary Budget Office estimates revenue could rise from Ksh 5.4bn to Ksh 11.4bn as a result. […]
Competition ramps up as four proposals advance in race for New York’s first full-scale city casinos | Yogonet International Summary Four finalists remain in the contest for three full-scale casino licences in the New York City area, with the state expected to award up to three licences before the end of the year. The proposals […]
Australian Soccer Ace Pleads Guilty to Match-Fixing Summary Former Macarthur Bulls captain Ulises Dávila has pleaded guilty to participating in a match-fixing scheme alongside two team-mates. The misconduct occurred across the 2023 and 2024 seasons and involved six matches. Investigators say the players deliberately sought certain outcomes tied to betting markets, prompting police and football […]
Kalshi Valued at $5 Billion As Sports Fuel Rapid Growth Summary Kalshi has closed a $300 million Series D round led by Andreessen Horowitz and Sequoia Capital, valuing the prediction-market platform at over $5 billion. The jump from a $2 billion valuation just months earlier reflects explosive growth driven by sports markets: monthly trading scaled […]
Chile warned to tackle gambling vacuum Summary Chile’s casino industry has renewed calls for urgent gambling reform after the Supreme Court ruled online betting operations illegal. Cecilia Valdés, executive president of the Asociación Chilena de Casinos de Juego (ACCJ), urged Congress to create a modern, enforceable gambling law rather than relying on court rulings as […]
What led to Ainsworth CEO Harald Neumann’s resignation? Summary Ainsworth Game Technology (AGT) has confirmed the immediate resignation of CEO Harald Neumann, who had led the ASX-listed gaming group since 2021. The move follows intense scrutiny after the Nevada Gaming Control Board (NGCB) recommended the company withdraw Neumann’s application for a Nevada licence. Neumann faced […]
