TLDR CBRE Credit Research says Wynn Al Marjan Island could cut Wynn’s lease-adjusted leverage to 5x. That would be an…
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TLDR DraftKings shares fell 21.3% on Friday to a new 52-week low after a guidance cut. The company expects $900…
TLDR Uganda’s casino operators want to keep the 30% gross gaming revenue tax instead of a new 15% tax on…
TLDR Polymarket says its annualized revenue run rate has passed $1.8 billion, up from $1 billion in June. Notional volume…
TLDR A federal judge denied Novig’s request for a preliminary injunction against New York officials. Judge McMahon found Novig’s sports…
TLDR DraftKings keeps about $7.30 in gross revenue for every $100 consumers trade on its exchange. The company plans to…
TLDR DraftKings denied using AI to find customers likely to lose money. VIP hosts must randomly check 10 customers each…
TLDR The CFTC gave prediction market exchanges 30 days to remove domestic geographic restrictions. Exchanges can instead send a written…
TLDR The UK has launched an independent review of the Gambling Act 2005. Prediction markets, crypto and AI are among…
TLDR Guardians pitchers Emmanuel Clase and Luis Ortiz are on trial over alleged pitch-fixing. A sportsbook CEO says betting patterns…