Business & M&A

Appuesta Launches Local Digital Sports Betting Platform in the Dominican Republic Latin America Eduardo Krett - August 18, 2026 Delivered by PolitePaul service

Self-reported gambling has fallen sharply over the past decade, but prediction markets and a wide gap between phone and online responses complicate the picture. Are Americans actually gambling less, or… Delivered by PolitePaul service

More than 99% of the votes backed the acquisition, with the expectation of closing at the end of 2026 or early next year. Bally’s Intralot’s acquisition of Evoke has moved… Delivered by PolitePaul service

Former Cuomo aide says New York should start taxing Kalshi and other prediction market operators. SARATOGA SPRINGS, NY – The story of the year in gambling has been the legal… Delivered by PolitePaul service

Alpaca, an API-first brokerage technology provider, is preparing to enter the rapidly growing prediction market space. The fintech firm announced today that it has become a National Futures Association (NFA) member and registered as a futures commission merchant (FCM) with the Commodity Futures Tra…

Kalshi’s fragile truce with the Nevada Gaming Control Board (NGCB) may be over after the regulator accused the prediction platform of violating its agreement to stop its sports, election, and entertainment prediction contracts in the state. The NGCB now intends to fine Kalshi $120,000 for each day…

FanDuel has responded to criticism stemming from a promotional video sent to a VIP player experiencing gambling harm. In a letter to three US Members of Congress, the operator emphasized that its responsible gambling rules apply equally to all players and that VIP program members are further scruti…

Seneca Niagara Resort & Casino, overlooking Niagara Falls in Upstate New York, is set for a major renovation. Seneca Resorts & Casinos, a fully owned entity of the Seneca Nation, announced on Monday (Aug. 17) that the company will invest $47 million to renovate 594 rooms and suites in Niagara’s 26-…

Gambling is becoming a primary driver of mental distress among young men, triggering levels of isolation and dejection similar to heavy pornography use. That’s according to a multi-part study conducted by the Institute for Family Studies (IFS), a think tank focusing on “marriage, child well-being,…

In a bid to satisfy its creditors and maintain loan compliance, Bally’s is weighing potential asset sales and equity offerings. In a Form 10-Q filing with the Securities and Exchange Commission (SEC), the regional casino operator told investors there’s “substantial doubt” it will be able to continu…

Australia’s Labor government has vowed to introduce a new single-service opt-out register for gambling ads. This announcement comes amid continued calls to rein in the gambling sector and minimize the harm it causes. Australia Considers Opt-Out Register for Gambling Ads As Australia eyes changes to…

Ultimate Fighting Championship (UFC) is preparing a major expansion of its Las Vegas campus, with World Wrestling Entertainment (WWE) included in the developing blueprint. The company controls roughly 70 acres just north of the 215 Beltway between Jones and Rainbow boulevards, but only half of that…

DraftKings (NASDAQ: DKNG) has announced syndication for a planned $600 million senior secured term loan B credit facility, the proceeds of which will be used to repurchase convertible bonds. The gaming company said it will use net proceeds from the term loan to buy back “a portion” of the $1.15 bil…

New Orleans will welcome a second land-based casino in the coming years with a new gaming venue from Penn Entertainment. On Monday (Aug. 16), Pennsylvania-based Penn Entertainment announced a $195 million investment to relocate its Boomtown Casino & Hotel New Orleans riverboat to a brick-and-mortar…

The UFC has teased what officials called a “master plan” for the land surrounding the company’s Las Vegas HQ. Under the new project, the UFC will expand its presence in Sin City with a new hotel, among other things. The UFC Plans to Further Develop Its Vegas Lot For reference, the UFC owns roughly…

The majority of eligible shareholders in William Hill, 888 and Mr Green owner evoke have agreed to a buyout by Bally’s Intralot. Both firms confirmed to be in talks of a potential acquisition back in April, with the total bid price of £243.1m subsequently unveiled in June – alongside the terms and…

GGPoker became the latest operator licensed by Alberta Gaming, Liquor & Cannabis (AGLC) on Aug. 12, bringing the province’s total number of approved iGaming platforms to 39. GGPoker is owned by NSUS Group, an international iGaming company. The poker platform has been licensed and operating in Ontar…

The lines between the financial services and betting industries continue to blur. The rise of prediction markets has shone a very bright light on this, and everyone from operators to exchanges to tech providers have got in on the rush. This includes the likes of Armenian firm SoftConstruct. The fir…