News

Investment Firm Everbay Capital Challenges Golden Entertainment Buyout PlanEverbay Capital, an investment firm based in New York, has expressed strong reservations regarding Golden Entertainment’s recent announcement. The company revealed that its CEO, Blake Sartini, intends to acquire the business. Everbay Capital claims that the offer price of $2.75 per share for the remaining company, after […]

AQR Considers Expanding into Sports Betting AQR Capital Management, a prominent global quantitative hedge fund, is exploring the possibility of expanding its operations into the sports betting arena. Cliff Asness, co-founder and Chief Investment Officer of AQR, revealed this consideration during a special episode marking the 10th anniversary of the Odd Lots podcast. The firm […]

Illinois Imposes New Per-Wager Tax on Sports Betting Illinois has introduced a new tax on sports betting that is transforming how residents place their wagers. Approved in June, this tax imposes a fee of $0.25 on each of the first 20 million online bets placed during a fiscal year, increasing to $0.50 for every bet […]

Lucky Visitor Claims $1.2 Million Jackpot at Tachi Palace Casino Resort A fortunate guest at Tachi Palace Casino Resort has secured an impressive jackpot prize exceeding one million dollars with a wager under $10. The casino celebrated this anonymous player’s stunning win and engaged its audience by asking what they would do if they won […]

Massachusetts Gaming Commission Issues Warning to Operators The Massachusetts Gaming Commission (MGC) has firmly informed gambling operators in the state that prediction markets are strictly prohibited. This warning highlights the Commission’s intention to regulate and restrict this type of betting activity within Massachusetts. Potential License Revocation for Non-Compliance Unlike some regulators who focus on broader […]

NFL Issues Warnings to Players Regarding Gambling Compliance In response to recent scandals impacting other major sports leagues like the NBA and MLB, the National Football League (NFL) has proactively reminded its players about adhering strictly to the league’s gambling regulations. The league emphasizes the importance of avoiding any prohibited betting activities, especially those involving […]

An Early Morning Incident at a Nottingham Casino In the early hours of July 13, at around 3:20 am, a tense confrontation occurred outside a casino on Maid Marian Way in Nottingham. A 19-year-old named Nadir Mokadeh became agitated after being denied entry by staff because he couldn’t verify his age. During this incident, he […]

Kick Leadership Responds to Payment Concerns Recently, Kick’s leadership has been addressing widespread concerns after several prominent streamers hinted at reductions in their earnings from the Kick Partnership Program (KPP). These rumors quickly spread across social media and live streams, raising alarm among the creator community. CEO Ed Craven Clarifies Payment Structure Concerns sparked when […]

US Takes Action Against Suspected Casino Money Laundering by Mexican Cartel In response to a crackdown by Mexican authorities, the United States has taken decisive measures against a suspected criminal network involved in laundering money through casinos. This operation centers on the Sinaloa cartel, which is believed to be orchestrating a large-scale scheme using several […]

Background of the Case A man from Broken Arrow, Oklahoma, has been sentenced following his involvement in a massive embezzlement scheme targeting the Muscogee Creek Nation Casino. The individual, Michael Anthony Houser, aged 36, was found guilty of fraud and theft involving millions of dollars. Details of the Embezzlement and Sentencing Houser, who once served […]