Latest articles
PENN Institutional Investor Accuses Board of Destroying Value, Disenfranchising Shareholders
PENN Entertainment shareholder HG Vora Capital Management has issued a public letter to fellow shareholders and a proxy statement encouraging them to vote for its board picks. The firm, which owns about 4.8% of PENN stock, has criticized the company’s leadership. HG Vora nominated three independent directors in advance of the upcoming annual meeting for PENN […]
High-Precision Geolocation Could Unlock New Possibilities for Responsible Gambling: XPoint CEO
As the gambling industry evolves and grows, its commitment to responsible gambling is increasingly important. Geolocation technology—which, first and foremost, ensures jurisdictional compliance—is emerging as a vital responsible gambling tool beyond its traditional uses. Typically, operators rely on geo-tracking to enforce regulatory compliance by using player geolocation data to ensure play happens within a legal jurisdiction. […]
Play’n GO Takes a Hard Line Against Sweepstakes Casinos, Rules Out Future Partnerships
Play’n GO says it will never offer games through sweepstakes casinos, and believes that competitors who do will face regulatory consequences.
FanDuel Casino Removes Huff N’Even More Puff Citing Unspecified ‘Concerns’ After User Reports Bug
Light & Wonder’s Huff N’Even More Puff is temporarily off the market, the second of its flagship slots to get pulled in less than a year.
Bet365 Reportedly Considering US Sale or Public Offering. What Might That Mean for US Players?
Bet365’s owner, the Coates family, is reportedly considering a full or partial sale of their gambling empire, worth as much as $12 billion.
DraftKings Backs Away From Apparent Predictions Market Plans
DraftKings Predict has dropped its plans to join the National Futures Association, quelling speculation about a contract-trading product.
Macau-Based Casino Game Manufacturer Pulls Producs From US Amid Tariffs
Macau-based online casino game manufacturer, LT Game, is leaving the US market due to increased tariff rates.
Shareholders Push Casino Companies to Study the Economic Viability of Smoking Bans
Anti-smoking advocacy groups are urging shareholders of four gambling giants to demand that they conduct studies on smoke-free casinos.
Pennsylvania Poker Sites Might Be Ready for Multistate Poker Immediately, Says Regulator
The Pennsylvania regulator says that some operators are ready to begin multi-state traffic sharing immediately upon entry to MSIGA.
Social and Promotional Games Issues Celebratory Statement Following Failure of Three Anti-Sweeps Bills
Three attempts by states to ban sweepstakes casinos have failed in the past two weeks and the industry’s trade group is overjoyed.
