Arraignments begin in NBA sports betting scandal as league engages in gambling briefings with Congress Summary Former NBA player Damon Jones appeared in federal court in Brooklyn and pleaded not guilty to charges tied to an alleged sports betting and illegal poker scheme. Jones is accused of passing non-public information about a Lakers player’s injury […]
Minnesota Attorney General issues cease-and-desist orders to 14 gambling sites | Yogonet International Summary Minnesota Attorney General Keith Ellison has issued cease-and-desist orders to 14 unlicensed offshore sportsbooks and sweepstakes-style casinos, directing them to halt operations in the state by 1 December. The action targets operators that continued to serve Minnesota residents despite warnings from […]
GXO posts record-setting Q3 earnings results Summary GXO Logistics reported a company record for quarterly revenue in Q3, with revenue of $3.4 billion (up 8% year‑on‑year) and organic revenue growth of 4%. Net income rose 42% to $60 million, and adjusted earnings per share were $0.79, beating Wall Street expectations of $0.77. CEO Patrick Kelleher […]
Golden Entertainment CEO to Buy the Company in a Private Buyout Summary Golden Entertainment has reached a definitive agreement for a take-private transaction in which founder and CEO Blake Sartini and his affiliates will acquire the company’s operating assets. Separately, VICI Properties Inc. will purchase seven of Golden’s casino real estate properties in a sale-leaseback […]
Former Thai Police Chief Says Dozens of Officers Got Bribes from Online Gambling Networks Summary Former deputy national police chief Pol Gen Surachate Hakparn has given around three hours of testimony to a parliamentary committee and handed over documents alleging that more than 30 Thai police officers received payments from online gambling networks. The records […]
UK Government Presses Ahead with Gambling Tax Hike Summary The UK government is moving forward with proposals to raise taxes on gambling operators, with a focus on levelling taxes according to the relative harm of different gambling products. The Treasury Select Committee, chaired by Dame Meg Hillier, has urged Ministers to ignore industry “scaremongering” and […]
PENN Entertainment makes bold casino prediction markets call Summary PENN Entertainment CEO and President Jay Snowden warned on the company’s Q3 earnings call that prediction markets — already growing rapidly in the sports betting world — could soon extend into casino mechanics. Snowden suggested operators raising significant capital are likely exploring contracts on outcomes such […]
Northern Ireland seething over government gambling tax plans Summary Politicians in Northern Ireland, led by the Assembly’s All-Party Group on Reducing Harm Related to Gambling (APG), have written an open letter urging Chancellor Rachel Reeves to reject the UK government’s plan to harmonise remote gambling taxes. The Treasury is considering a single remote betting and […]
ESPN partners with DraftKings as exclusive sportsbook after PENN deal ends Summary ESPN and DraftKings have agreed a multiyear deal making DraftKings the exclusive Official Sportsbook and Odds Provider for ESPN, effective 1 December 2025. The announcement follows ESPN and PENN Entertainment mutually ending their 10-year partnership after ESPN Bet failed to meet certain performance […]
Google Finance integrates Kalshi and Polymarket data in first prediction market rollout Summary Google Finance has started showing real-time data from two US prediction markets — Kalshi and Polymarket — marking the platform’s first formal adoption of prediction-market pricing alongside traditional financial instruments. The launch is part of a broader Google Finance update that includes […]
