The Mega Millions jackpot for this Friday, July 22, is an estimated $630 million. The generation-changing sum up for grabs is the fifth-largest prize in the interstate lottery game’s history.
Small-cap gaming supplier Inspired Entertainment (NASDAQ:INSE) is following other gaming technology names lower this year. But its dramatic declines are creating a valuation scenario that may be too compelling to ignore in the eyes of some analysts.
Paddy Power’s land-based sports betting operations are shrinking. As more bettors choose online platforms for placing wagers, the Flutter Entertainment-owned company will shutter at least 13 shops in Ireland.
Spending by S&P 500 companies on private air travel for top executives hit a record last year, and Las Vegas Sands (NYSE:LVS) was among the contributors to that trend.
In Belgium, the Council of State has provided an overview of rulings for the legal gambling industry. For the most part, the council’s confirmation of existing measures only means the industry will weaken.
Competitive eating superstar Joey Chestnut is once again the heavy favorite to wolf down the most Nathan’s hot dogs during the company’s annual Fourth of July International Hot Dog Eating Contest.
For years, the UK Gambling Commission (UKGC) has used dedicated account managers for operators. This will no longer be the case, with the gambling regulator announcing changes to its regime.
Australian communications regulator ACMA has ordered internet service providers to block online casino ThePokies.net after data showed it attracted 30,000 Australians each month. The regulator said it had received reports from customers who claimed they weren’t being paid their winnings or that the site was withholding deposits.
Getting started as an operator in an industry, especially one as convoluted as sports betting, is a challenge. Sportradar is now offering a new service for sports betting operators that addresses those challenges and makes onboarding easier.
Bally’s (NYSE:BALY) is selling the property assets of its two Rhode Island casinos to Gaming and Leisure Properties (NASDAQ:GLPI) for $1 billion. It will leaseback the venues from the gaming landlord, the companies announced today.