Elite Casino Resorts, LLC, based in Riverside, Iowa, has signed a definitive agreement to acquire the assets and operations of Great River Entertainment, LLC, which include Catfish Bend Casino and FunCity Resort in Burlington, Iowa. This acquisition represents more than just business growth for the company — it marks a symbolic return for the Kehl family, who were instrumental in the early days of casino...
Venmo has announced a strategic partnership with the NCAA to address the growing issue of harassment targeting college athletes, particularly in connection with sports betting. The collaboration introduces a range of measures designed to create a safer environment for student-athletes using the popular payment app. New Measures Aim to Address Harassment Linked to Sports Betting This initiative comes as online harassment continues to rise...
Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first half of 2025, a sharp increase from the HK$110 million (US$14.1 million) loss during the same period last year. The company disclosed in a filing to the Hong Kong Stock Exchange that the setback stems largely from an impairment loss of about HK$1.29 billion (US$165 million)...
Brazil’s regulated betting and iGaming market has shown remarkable growth in the first six months of 2025. According to data released by the Ministry of Finance’s Prizes and Betting Secretariat (SPA) on August 26, gross gaming revenue (GGR) totaled BRL 17.4 billion (USD 3.2 billion) from January to June. This sum reflects the amount wagered minus prizes paid and highlights the spending trends of approximately 17.7...
Caesars Sportsbook will soon be adding an extra charge for Illinois bettors. Beginning September 1, the operator will implement a 25-cent fee on every online wager placed in the state, a direct response to Illinois’ recently enacted per-bet tax. The move aligns Caesars with Fanatics Sportsbook, which is also applying a 25-cent charge, while competitors such as DraftKings and FanDuel...
With just days remaining before the Asia Cup, the Board of Control for Cricket in India (BCCI) finds itself without a title sponsor after Dream11 confirmed its withdrawal from the partnership. The decision follows the recent passage of the Promotion and Regulation of Online Gaming Bill, 2025, which prohibits money-based online gaming and related promotions. The law, approved by both...
Fanatics Betting and Gaming is preparing to enter Missouri’s sports wagering industry through a newly announced partnership with Boyd Gaming Corporation. The companies revealed on August 25 that they have agreed to a multi-year arrangement that will allow Fanatics to operate both mobile and retail sportsbooks in the state. Under the terms of the deal, Fanatics Sportsbook will run its...
Plans are underway to transform a vacant property on Queens Road, Hastings, UK, into a new adult gaming centre operated by Merkur Slots Ltd. The proposal, recently submitted to Hastings Borough Council, details plans to change the use of the ground-floor retail unit at 209-210 Queens Road into a modern gaming facility. The site, formerly occupied by a Hays Travel branch until earlier this...
The National Football League (NFL) has issued a clear directive banning players and staff from using federally regulated prediction markets to wager on NFL games. The league emphasized that these platforms, which operate under the oversight of the Commodity Futures Trading Commission (CFTC), are considered equivalent to traditional sports betting when it comes to league policy. NFL’s Stance on Prediction Markets During a media briefing...
Flutter Entertainment plc has confirmed the immediate suspension of its real-money gaming operations in India following the sudden passage of the Promotion and Regulation of Online Gaming Bill. The legislation, which enforces a blanket ban on all real-money gaming activities — including skill-based games such as rummy and poker — was introduced to Parliament on August 20, passed by the upper house, and signed...