FanDuel to pay NFL’s Jaguars roughly $5M to offset losses from ex-employee’s theft: sources

FanDuel to pay NFL’s Jaguars roughly $5M to offset losses from ex-employee’s theft: sources Summary FanDuel has agreed to pay the Jacksonville Jaguars roughly $5 million to help offset about $20 million that a former financial manager, Amit Patel, stole and deposited at the sportsbook. The settlement was finalised earlier this year after Patel pleaded […]

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Paytently and Mastercard partner to launch next-generation open banking payment solution

Paytently and Mastercard partner to launch next-generation open banking payment solution Summary Paytently has launched Paytently Open Banking powered by Mastercard Open Finance — an account-to-account checkout option that lets customers pay directly from their bank. The solution merges Mastercard’s open banking connectivity with Paytently’s payment orchestration to deliver secure bank authentication, payment initiation and […]

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Minnesota tribal conference addresses online sports betting in state amid entry of prediction markets

Minnesota tribal conference addresses online sports betting in state amid entry of prediction markets Summary At the Indian Gaming Association Mid-Year Conference at Mystic Lake Casino, tribal leaders warned that unregulated online wagering — notably prediction markets and sweepstakes-style iCasinos — is an existential threat to tribal casinos in Minnesota and beyond. Andy Platto told […]

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Tribal technology conference kicks off Monday with focus on hospitality, cybersecurity, and AI

Tribal technology conference kicks off Monday with focus on hospitality, cybersecurity, and AI Summary The 26th annual TribalNet Conference & Tradeshow opens in Reno at the Grand Sierra Resort, running Monday to Thursday. Day one focuses on gaming and hospitality technology; the remainder of the week emphasises cybersecurity, reflecting recent high-profile ransomware activity in Nevada […]

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AGA survey suggests US population views prediction markets as betting

AGA survey suggests US population views prediction markets as betting Summary A YouGov survey for the American Gaming Association (AGA) of 2,025 registered US voters finds strong public sentiment that sports event prediction markets (eg Kalshi, Polymarket) are effectively gambling rather than financial instruments. The poll reports 85% of respondents see sports event contracts as […]

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