Season-long props, sports awards betting approved by NY senate committee
In a bill sponsored by New York state senator Joseph P. Addabbo, Jr., the committee voted Tuesday (11 February) to amend the racing, pari-mutuel wagering and breeding...
Tennessee sports betting handle dips month-on-month in January
Gross wagers in Tennessee in January hit $549.0 million (£442.7 million/€530.4 million). This is 17.4% above last year but 4.1% behind the $572.7 million wagered in December....
Corvex Management increases Entain holding to 5.3%
The holding increase occurred earlier this week but has only been confirmed by Entain today (14 February). Founded in 2010 by Keith Meister, US-based Corvex invests across...
Manhattan president’s opposition of Wynn’s New York casino is latest hurdle for licence bidders
In an interview 14 February with Crain’s, Levine issued a flat-out rejection of the rezoning plan, rather than a denial with conditions. “I’ve concluded that the...
Colombian gambling trade body warns new VAT could lead to operators withdrawing
On 14 February, the Colombian government issued Decree No 0175, temporarily eliminating the VAT exemption on online gambling operators in Article 420 of the country’s tax code....
State of the Union: RG study might not be what it seems; Canada election...
Study raises RG alarm, but should it? Since the Professional and Amateur Sports Protection Act was overturned in 2018, the number of internet searches terms around “gambling...
Super Group revenue up 18% in 2024 following US betting withdrawal
Released today (25 February), the earnings cover the 12-months to 31 December. Group adjusted EBITDA was reported as €330.3 million in 2024, up from €198.2 million the...
PointsBet board approves MIXI acquisition bid amid rival offer from BlueBet
If the deal is approved PointsBet shareholders will receive cash consideration of $1.06 per share as part of the deal, which represents a significant premium of 27.7%...
Penn’s ESPN Bet struggles continue; Snowden addresses plans if progress stagnates
Saying once again on the company’s fourth-quarter earnings call on Thursday (27 February) that the future is bright, Penn’s CEO placed heavy focus on what is to...
Bally’s shelves Chicago minority investment programme after SEC silence
On Thursday (27 February) Bally’s chair Soo Kim told the Chicago Tribune that the SEC did not declare the registration effective in time. Thus, the prospectus financials...
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