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 […]

Evolution showed mid-year progress in its Q2 Interim Report. Main Details: Net revenue went up by 3.1% compared to last year at the same time. Profits dropped 7.7% in Q2 from the previous year’s quarter. The company stays positive and still expects a yearly EBITDA margin from 66% to 68%. The company’s products now cover […]

PokerStars.com plans to stop losing liquidity on its .com poker platform by allowing players from regulated areas to join again through several ways. The company wants to use the Pragmatic Solutions platform, which lets them support “smaller local licenses,” including in the Dutch market. At a recent town hall attended by many PokerStars staff, Mike […]

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 […]

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 […]