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Regulation & Law

Alpaca Angling for Prediction Market Entry
Regulation & Law

Alpaca Angling for Prediction Market Entry

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…

casino.org
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Sports Betting

Nevada and Kalshi Clash Again Over Geofencing Fine

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…

Gambling News
Bally’s Seeking Financing, Could Sell Las Vegas Casino Site to Raise It
Casino

Bally’s Seeking Financing, Could Sell Las Vegas Casino Site to Raise It

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…

casino.org
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Regulation & Law

Former NH Official Accused of Misusing Gambling Charity Funds

A New Hampshire nonprofit organization associated with a former state House speaker now faces scrutiny for allegedly failing to fulfill its legal duty to support local communities and using charity funds for unknown purposes. This potential misconduct reportedly continued for years, raising questio…

Gambling News
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Regulation & Law

Bally’s Intralot one step closer to evoke buyout

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…

SBC News
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Sports Betting

FanDuel, GeoComply Renew Partnership in Multi-Year Deal

Want to get more Covers content? Add us as a preferred source on your Google account here. FanDuel renewed its longtime partnership with GeoComply, a global leader in geolocation and identity verification, it was announced Monday. Key Takeaways FanDuel and GeoComply have a partnership dating back 1…

GGPoker Enters Alberta as Operator Eyes Multi-Province Shared Liquidity
Poker

GGPoker Enters Alberta as Operator Eyes Multi-Province Shared Liquidity

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…

casino.org
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Sports Betting

Alleged fraudsters accused of bet365 bonus abuse

Seven individuals have been charged before Cheltenham Magistrates’ Court over alleged fraud against bet365. According to the prosecution, the defendants – six men and one woman – abused the UK operator’s free introductory betting offer for new customers to obtain free betting credit and move illici…

SBC News

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