Bally’s Cancels Earnings Call, Sees Stock Plunge Following Release of Q4 Results
Following a Q4 results release that saw its stock drop 24%, Bally’s cancelled their quarterly earnings call this week.
YouTube Updates Gambling Video Policies, With Possible Impacts for Sweeps Casinos
This week, YouTube announced changes to its policies on videos that promote online gambling. The changes come into effect March 18 and will apply an age limit to all gambling content, while banning certain types of videos that directly entice players to visit gambling sites. In many ways, they resemble the policies adopted by other […]
Bills to Ban New York Sweeps and Legalize Online Casinos Share Aim to Protect New Yorkers Says Addabbo
A bill prohibiting New York sweeps casinos is up for consideration in the State Senate. With its introduction, Senator Joseph Addabbo has followed up on a promise to address the “sweepstakes gaming loophole” by introducing legislation to ban sweepstakes casinos in New York State. On March 4, Addabbo introduced Senate Bill 5935, which prohibits online […]
Resorts World Las Vegas Suffers Technical Outage Due to Botched Software Update
A botched booking system update at Resorts World recently left guests stranded in the lobby, unable to check-in for several hours.
MGM’s Court Battle With The Federal Trade Commission Appears To Be At An End
A legal battle between MGM Resorts International and the Federal Trade Commission over a 2023 cyberattack appears to be nearing an end.
DraftKings Agrees to Pay $10 Million in Cash to Settle Reignmaker NFT Class Action Lawsuit
DraftKings has agreed to pay a $10 million cash payment to settle a lawsuit focused on its now defunct Reignmakers NFT marketplace.
Former Lottery.com Executive Komissarov Indicted For Defrauding Investors
Former Lottery.com executive Vadim Komissarov has been indicted and charged with fraud by engaging in a scheme to defraud investors.
One-Quarter of Connecticut Adolescents Gamble, According to New Study
A team looking at the relationship between youth gambling and other risks found nearly 25% of Connecticut teens gambled in the previous year.
DraftKings Michigan Player Wins Record-Breaking $9.28 Million Jackpot
A DraftKings Casino player in Michigan won a $9.28 million progressive jackpot this week, a new record in the United States.
Light & Wonder Reveals Plans to Offload Authentic Gaming Live Dealer Division in Q4 Earnings Call
Light & Wonder will ditch its live casino division following a “thorough strategic review,” per details revealed during its Q4 earnings call.
