US Gambling Corruption Investigation Gains Momentum After Hennen Plea
Shane “Sugar” Hennen, a central figure in multiple high-profile US gambling corruption investigations, is expected to plead guilty in a federal wire […]
News Category: USA
US Regulator Tightens Rules on Prediction Market Listings
The US Commodity Futures Trading Commission (CFTC) has warned prediction market operators against using overly broad self-certification filings, signalling that exchanges must […]
Fertitta Maps Out Caesars Integration Strategy Ahead of Planned 2027 Merger
Fertitta Entertainment has begun detailing how it plans to integrate Caesars Entertainment ahead of the companies’ proposed merger, with executives emphasizing stability, […]
Nevada Lawmakers Launch Bipartisan Bill to Ban Sports Prediction Markets
A bipartisan group of Nevada lawmakers has introduced new federal legislation that would prohibit prediction market platforms from offering sports betting and […]
Bragg Gaming Completes Drayton Acquisition, Expands U.S. Growth Strategy
Bragg Gaming Group has completed its acquisition of gaming technology company Drayton International, finalizing a deal designed to strengthen its proprietary content […]
Morgan Stanley Cuts DraftKings Target but Stays Bullish on Long-Term Prediction Markets Growth
Morgan Stanley has lowered its price target for DraftKings from $39 to $36, citing weaker-than-expected near-term earnings, while maintaining its positive Overweight […]
Evolution Ends Planned Galaxy Gaming Acquisition After Regulatory Delays
Evolution has officially abandoned its planned acquisition of Galaxy Gaming, bringing an end to a deal that had remained in limbo after […]
Washington Court Orders Kalshi to Halt Event Contracts Amid Gambling Law Dispute
A Washington state judge has ordered prediction market operator Kalshi to stop offering its event contracts in the state, ruling that Washington […]
US Tribal Gaming Sets New Revenue Record in Fiscal 2025 Despite Emerging Market Risks
Tribal gaming in the United States reached a new all-time high in fiscal year 2025, with gross gaming revenue (GGR) climbing to […]
FanDuel Raises Political Spending With New $7.5 Million Contribution to Betting Advocacy PAC
FanDuel has expanded its political advocacy efforts in the United States by contributing another $7.5 million to the Win for America super […]