The gambling industry in the United States is highly developed. Cities like Las Vegas are famous for their large casinos, offering a wide variety of gambling options. Additionally, lotteries are also popular nationwide with a variety of types available. Furthermore, some regions also allow legal spo
Allwyn released its preliminary financial report for the first quarter of 2026 today, delivering a quite impressive report card: Q1 total revenue increased by 8% year-over-year to **€2.39 billion**, and net income soared by 21% to €1.2 billion. However, a closer look reveals that the bulk of the inc
Just as the NBA Finals are about to start, a pre-trial maneuvering involving a well-known professional basketball player's illegal sports betting case is heating up. Last week, the legal team of former Charlotte Hornets guard Terry Rozier filed a motion to amend the "no-contact list" in his pre-tria
Global lottery giant Allwyn has added a key figure to its North American puzzle. On Tuesday, the company announced the appointment of Khalid Reede Jones, the executive director of the Virginia Lottery, as the CEO of North America, starting in Chicago on July 6. According to the PASA official website
Las Vegas is experiencing a rare moment—two of the biggest casino giants are being acquired at the same time. Tilman Fertitta has taken over Caesars for $17.6 billion, and media mogul Barry Diller made a $17.6 billion bid for MGM Resorts on Monday, shortly after the Caesars deal, and then increased
Bragg Gaming is delivering a combination punch: a 12% staff reduction for slimming down → a $1.3 million private placement for replenishment → acquisition of Drayton International → industry veteran Matt Davey joins with a 10% stake and takes the role of non-executive chairman. According to the PASA
Las Vegas is replaying the old script of 2025: casinos are making money, but the number of people is decreasing. According to the latest data from the Nevada Gaming Control Board, the state's gross gaming revenue (GGR) reached $1.29 billion in April, a year-on-year increase of 5%; Las Vegas Strip wa
htmlAs competitors withdraw from the UK's "meat grinder market," Bally's Chairman Soo Kim is betting against the trend—fueling his strategy with debt and distressed assets, aiming to reshape the European gambling landscape through integration. According to the PASA official website, the Korean hedg
The boundaries between sports betting and prediction markets are rapidly blurring. As traditional bookmakers start to treat market making as a new business, an interesting thing happened: the risk management capabilities accumulated by betting companies over decades are exactly the liquidity supply
The market is set to witness two landmark events this week. On one hand, there's legal thunder— a Google employee has been charged with profiting over $1.2 million on Polymarket using non-public information; on the other, regulatory breakthrough—CFTC has approved the listing of the first-ever crypto
htmlFrom the Las Vegas Strip to Macau, Baccarat has always been the most profitable and sought-after casino game—but now, a technological revolution is injecting new data power into this ancient gambling table. According to the PASA official website, with the large-scale deployment of RFID smart Ba
After weeks of intense speculation, casino magnate Tilman Fertitta has finally signed a definitive agreement to acquire Caesars Entertainment for over $5.7 billion. If completed, this deal will be one of the largest casino acquisitions in U.S. history and could reshape the Las Vegas Strip for decade
Australian gambling giant Sportsbet announces the appointment of Doug Brown as the new CEO, effective June 1. The current CEO, Barni Evans, is promoted to CEO of APAC & Emerging Markets at parent company Flutter Entertainment, responsible for broader regional coordination. According to the PASA offi
Puerto Rico's Gaming Control Board announced this week that it has officially joined the National Voluntary Self-Exclusion Program (NVSEP), becoming the latest member of this interstate platform since its launch in 2024. The integration work will start in June this year, at which time residents can
Radical short sellers are reshaping the risk landscape of the iGaming industry. When the speed of market narratives far exceeds the pace of factual rebuttals, regulatory responses, and data clarification, listed gaming companies face more than just the old challenges of regulation and taxation—short
The 2025 annual report from the National Problem Gambling Helpline in the United States reveals a concerning trend—help-seekers are becoming younger and more diverse. The helpline currently handles over 31,000 calls, texts, and online chats per month, with the volume of contacts continuously rising.
htmlCalifornia card rooms breathed a temporary sigh of relief in court. This Thursday, Judge Richard Darwin of the San Francisco Superior Court issued a preliminary injunction, pausing the enforcement of new regulations targeting blackjack-style games and player-rotated dealerships, providing a buf
