Gaming and Leisure Properties raises full-year guidance following record Q2 performance
Gaming and Leisure Properties, Inc. (GLPI) announced its Q2 financial results, showcasing robust growth and strong performance. In the second quarter, GLPI reported a significant increase in net income, driven…
DraftKings’ proposed winners’ ‘tax’ leads to projected $1 billion in profits by 2025, falling short of estimates
DraftKings, a leading name in the sports betting industry, made a significant announcement on Thursday, August 1st. The company will introduce a surcharge on customer winnings beginning January 1, 2025,…
New guidance documents released for mergers in Esports industry
The esports industry is experiencing unprecedented growth, with the landscape evolving rapidly through a series of mergers and acquisitions. This dynamic shift has necessitated the release of new comprehensive guidance…
Consultation on economic estimations for digital sector legal compliance
Legal compliance is crucial for businesses providing online economic estimates. Adherence to regulations ensures transparency, fairness, and accuracy in estimates presented to consumers and stakeholders. Non-compliance can lead to severe…
Competition Act 1998: how CMA8 investigates casino game cases
The Competition Act 1998 serves as a cornerstone for maintaining fair play and competitiveness in the UK market, including the casino gaming industry. When it comes to casino game cases,…
Strategic perspectives on cyber security in artificial intelligence
The Department for Science, Innovation and Technology (DSIT) has initiated an open call for views on the cybersecurity aspects of Artificial Intelligence (AI). The rapid advancements in AI technology present…
Senators introduce bipartisan bill to eliminate federal excise tax on gambling
Senator Cindy Hyde-Smith (D-Nev.) and Senator Catherine Cortez Masto (R-Miss.) have taken a significant step towards reshaping the gambling industry by introducing the bipartisan WAGER Act. This legislation aims to…
California bookmaker to admit guilt in baseball betting scandal
Mathew Bowyer, a well-known bookie operating out of Southern California, is set to plead guilty to charges of running illegal gambling operations. This high-profile case has drawn significant attention due…
South Carolina woman strikes jackpot with $300K win after losing job
A fortunate turn of events has brightened the life of a South Carolina woman from the Lowcountry, who has recently won $300,000 through the South Carolina Education Lottery. The substantial…
Powerball Jackpot grows to $171 million for next drawing
Wednesday marked the latest drawing of the popular lottery game across America, Powerball. Unfortunately, no one managed to correctly guess all the winning numbers needed to claim the grand prize.…