DraftKings in Reported Talks to Purchase Federally Regulated Railbird Prediction Market

DraftKings is discussing the acquisition of Railbird, a prediction market with federal regulation, as mentioned by Front Office Sports. Completing this deal could represent a step for sportsbooks wanting partnerships with legal event-based exchanges before football season. Railbird started in 2021, built by ex-Point72 analysts Miles Saffran and Edward Tian, and works out of New […]

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Yggdrasil Enters Lebanon with BetArabia Content Partnership

Slot provider moves into the MENA market by signing a local operator agreement. Key Points: Yggdrasil has signed a content deal with BetArabia, which is Lebanon’s sole licensed online casino. The contract covers both Yggdrasil’s own games and YGG Masters partner content. Lebanon’s Ministry of Finance gave BetArabia exclusive rights in 2022. Yggdrasil took a […]

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Casino and Cardroom Operator Maverick Gaming Files for Bankruptcy

Maverick Gaming, based in Washington State, filed for Chapter 11 Bankruptcy Protection in the US Bankruptcy Court for the Southern District of Texas on Monday. Publicly posted court documents revealed Maverick listed both its total liabilities and assets within the $100 million to $500 million range. This operator owns 17 card rooms in Washington State […]

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