PENN Entertainment Responds to ISS Report

PENN Entertainment has officially responded to the Institutional Shareholder Services (ISS) report regarding the upcoming Annual Meeting of Shareholders on June 17, 2025. The company reiterates its nomination of Johnny Hartnett and Carlos Ruisanchez for the available director seats, aligning with HG Vora’s recommendations. Key Points PENN and HG Vora are recommending Johnny Hartnett and […]

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Drones Take Flight — From Prime Air to Poolside Prosecco

Summary Drones are soaring above the eCommerce delivery landscape, moving beyond sci-fi fantasies to everyday logistics. From food to pharmaceuticals, these flying machines are reshaping how we think about last-mile delivery. The expected growth in the drone delivery market highlights a shift in consumer expectations and operational models in various industries. Source: Original Article Key […]

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New York Attorney General orders online sweepstakes casinos to cease and desist

Summary The New York Attorney General, Letitia James, has taken significant action against online sweepstakes casinos operating illegally in the state. Partnering with the New York State Gaming Commission, her office has identified and sent cease and desist letters to 26 online platforms that offered casino-style games using virtual coins that could be exchanged for […]

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Crypto.com calls for injunction to block Nevada cease-and-desist over sports event contracts

Summary Crypto.com is taking legal action against the Nevada Gaming Control Board by seeking a preliminary injunction to continue its sports event contracts. The cryptocurrency platform alleges that the state exceeded its authority with a cease-and-desist order issued on May 20, which claims that the contracts, allowing users to bet on sporting events, constitute unlawful […]

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Episode 6: Regulators and refereeing the gaming industry

Right to the Source is back with some hasty calculations on Illinois’ tax grab, before Robin Harrison and Ed Birkin discuss the intriguing world of gaming regulators. They explore whether these regulators are truly caught between political pressures and industry demands. Key Points Discussion on the challenges gaming regulators face balancing political and industry expectations. […]

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Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Summary Hong Kong is gearing up to legalise basketball betting, proposing a hefty 50% tax on operators’ net profits. This initiative, supported by a whopping 94% of public submission responses, aims to combat illegal betting while instituting necessary safeguards against gambling addiction. The legislation closely mirrors existing football betting regulations and is expected to generate […]

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Star’s future again uncertain as AUSTRAC pushes for AU$400 million penalty

The future of Star Entertainment remains shrouded in uncertainty as it faces a potential AU$400 million penalty from AUSTRAC due to allegations of serious anti-money laundering violations. This situation has become critical as the company grapples with ongoing financial turmoil and regulatory scrutiny. Key Points Star Entertainment is being investigated by AUSTRAC for numerous anti-money […]

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Beyond The Rainbow: 5 Essential Tips For Supporting LGBTQ+ Employees Beyond June

The article discusses the ongoing challenges faced by LGBTQ+ employees beyond the confines of Pride Month and offers five essential strategies that organisations can adopt to provide genuine support. With many companies pulling back on LGBTQ+ advocacy, this piece emphasizes the importance of sustained efforts in protecting and empowering LGBTQ+ employees amid a hostile legal […]

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New Faces, Big Ambitions: PayFuture’s Next Chapter in Emerging Markets

PayFuture, a paytech company established in 2019, is gearing up for significant growth in emerging markets. Focused on South Asia, Africa, and the Middle East, PayFuture aims to leverage its new appointments and local market expertise to enhance cross-border payment strategies and help online businesses cater to regional consumers. Source: The Fintech Times Key Points […]

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