Latest articles

FanDuel Founder Nigel Eccles Files Amended Lawsuit, Detailing Alleged Conspiracy

August 16, 2024 | By: Alex Weldon

Nigel Eccles, the founder and former CEO of FanDuel, continues his years-long legal pursuit of the company and its institutional investors, KKR & Co. and Shamrock Capital Advisors. FanDuel was acquired by online gambling giant Flutter in 2018. Eccles claims the terms of that deal were not negotiated “at arm’s length” but instead calculated to cut himself and other common shareholders out of […]

MGM, Entain Shares Plunge on News of BetMGM’s $123M H1 Loss

August 2, 2024 | By: Robyn McNeil

MGM Resorts International (MGM) and Entain share prices dropped sharply this week after BetMGM reported an H1 loss of $123 million and said it expects similar results in the second half of 2024. The 50/50 MGM/Entain joint venture also adjusted its $500 million 2026 EBITDA target to “the coming years.” BetMGM’s stated goal of achieving […]

Horseshoe Online Casino: Caesars Making Preparations for New Brand Launch in Michigan This September

July 31, 2024 | By: Alex Weldon

Michigan will soon see a new iGaming brand: Horseshoe Online Casino. It will replace WynnBet Casino, which operates in partnership with the Grand Traverse Band of Ottawa and Chippewa Indians. Early indications are that customers can expect the brand to appear in September this year. Wynn Resorts abandoned its Michigan online casino in February, selling the assets and license to Caesars, which […]

Lightning Storm: Evolution’s Latest Game Show Launches First in North America With BetMGM

July 26, 2024 | By: Robyn McNeil

Lightning Storm, the latest live dealer game show from Evolution, is now available in Ontario, Canada, via an exclusive partnership with BetMGM Casino—a partnership that bodes well for the odds of an eventual US launch. Through the deal, BetMGM’s Ontario players can experience Evolution’s newest “high-voltage game show” featuring five new “never seen before” bonus […]

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