CMA8 investigation procedures in Competition Act 1998 cases: impact on sports betting
The Competition and Markets Authority (CMA) is pivotal in maintaining fair competition in the UK's sports betting market. Empowered by the Competition Act 1998, the CMA investigates and enforces against…
Sporttrade and Plannatech secure licenses for sports betting in Arizona
In a significant move to penetrate the rapidly expanding Arizona sports betting market, Sporttrade and Plannatech have announced new partnerships with prominent Native American tribes. This strategic alliance is poised…
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…
