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Merkur moves to take control of French casino operator SFC

Merkur moves to take control of French casino operator SFC

Merkur Spielbanken Beteiligungs GmbH, a subsidiary of Germany's Merkur AG, has signed an agreement to acquire a controlling interest in Société Française de Casinos (SFC), extending the company's presence in the French regulated gambling market. On August 27, Merkur signed a put option agreement wi…

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Caesars Moves to Toss Cayuga Nation Lawsuit Over Sports Bets on Tribal Land

Caesars Moves to Toss Cayuga Nation Lawsuit Over Sports Bets on Tribal Land

Caesars Sportsbook is asking a federal judge to throw out a lawsuit brought by New York’s Cayuga Nation over mobile sports bets allegedly placed from tribal lands. The Cayuga Nation sued Caesars in June, claiming the sportsbook accepted wagers from people physically located within its reservation b…

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Massachusetts Regulator Bets on Respect with New Anti-Harassment Initiative

Massachusetts Regulator Bets on Respect with New Anti-Harassment Initiative

The Massachusetts Gaming Commission (MGC) has unveiled a new anti-harassment initiative that seeks to protect athletes from bettors who harass them. The new program will ban those who harass athletes from placing bets with licensed sportsbooks and accessing local casinos. MGC Seeks to Shield Athlet…

Gambling News
DraftKings’ Claim That It Operates in All States Raises Eyebrows

DraftKings’ Claim That It Operates in All States Raises Eyebrows

American gaming and betting giant DraftKings advertises that it operates in all 50 states, despite regulatory trouble in Nevada. As it turns out, things seem to be a bit more nuanced. DraftKings Does Not Operate Traditional Sports Betting in All States The Las Vegas Review-Journal shed some light o…

Gambling News
FanDuel Adds New Sportsbook Features as NFL Season Approaches

FanDuel Adds New Sportsbook Features as NFL Season Approaches

FanDuel, a leading online gaming and betting company in North America, has announced the addition of new sports betting products and features, in time for the NFL season. These include a new loyalty program, bet protections in case a player sustains an injury, and in-app access to better sports int…

Gambling News
Novig and Underdog See Huge Growth in Prediction Market Combos

Novig and Underdog See Huge Growth in Prediction Market Combos

As the field of prediction markets continues to grow rapidly, more and more actors are investing in it, with varying success. However, Novig and Underdog, two relatively new players in the rapidly evolving scene, are making strides thanks to their “combos” – what the industry calls parlays. Novig a…

Gambling News
Congressional Democrats Claim FanDuel VIP Program Is ‘Promoting Addiction’

Congressional Democrats Claim FanDuel VIP Program Is ‘Promoting Addiction’

Three Democratic members of Congress have renewed their inquiry into how FanDuel runs its invite-only VIP program after the lawmakers found the sportsbook’s response to their earlier questions insufficient. Sen. Richard Blumenthal (D-CT) and Reps. Paul Tonko (D-NY) and Valerie Foushee (D-NC) want m…

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Philippine House Bill proposes nationwide ban on online gambling advertising

Philippine House Bill proposes nationwide ban on online gambling advertising

A Philippine lawmaker has filed legislation seeking to prohibit online gambling advertising, promotions, endorsements and sponsorships nationwide, with penalties including multimillion-peso fines, imprisonment and possible license revocation. House Bill No. 10982, or the proposed “Online Gambling A…

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Caesars Takeover Draws Scrutiny from Law Firm

Caesars Takeover Draws Scrutiny from Law Firm

A New York law firm is renewing its scrutiny of Fertitta Entertainment Inc.’s (FEI) proposed $17.6 billion takeover of Caesars Entertainment (NASDAQ: CZR) that values the target at $31 a share. Wohl & Fruchter, which specializes in “merger and acquisition cases, securities fraud, consumer fraud, an…

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Las Vegas Casino Operators Pulled Into Probe of 153 Million Leaked License Scans

Las Vegas Casino Operators Pulled Into Probe of 153 Million Leaked License Scans

The largest known leak of North American driver’s license scans has thrust Caesars Entertainment and Circa Casino into the spotlight. Both Las Vegas casino operators appeared on the known client roster of identity verification provider IDScan.net — Caesars on IDScan’s public client/trust page, Circ…

casino.org
Jefferies: SCOTUS Could Hear Prediction Markets Case Between November and June

Jefferies: SCOTUS Could Hear Prediction Markets Case Between November and June

Following recent, opposing rulings on prediction market cases by the Third and Ninth Circuit Courts of Appeals, consensus is building in the investment and legal communities that it’s just a matter of time before the U.S. Supreme Court hears at least one of these cases. At least one analyst is offe…

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