Articles by Kolade Abisoye
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Bally’s Corporation Secures $1.1bn Loan and Completes Twin River Lincoln Sale For $700m
Bally’s Corporation has entered a new $1.1bn term loan credit facility to fund the construction of Bally’s Bronx and Bally’s Chicago. The…
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DoubleDown Interactive Accrues $95.8m Revenue In Q4 As FY Net Income Falls 17.4%
DoubleDown Interactive reported fourth quarter 2025 revenue of $95.8m, reflecting a 16.8% year-on-year increase. Profit dropped by 35.5% to $24.1m, attributed mainly…
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New York Casinos Hit $58.7m In Revenue Following 8.7% Rise
Retail casinos generated $58.7m in gross gaming revenue during January 2026, reflecting an 8.7% growth, according to a report by the New…
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Kalshi Faces Three Class Action Cases In A Single Lawsuit
Three separate class action cases against Kalshi have been merged into a single federal case filed as ‘In re Kalshi Sports Prediction…
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6.7% of OPAP Investors Opt To Cash Shares Before Allwyn Merger
Allwyn and OPAP have secured another step toward completing the planned merger for their lottery and gaming operations across several European countries.…
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Two Men Charged In Gambling Fraud Scheme Connected To FanDuel in Connecticut
Federal prosecutors in Connecticut have charged two men accused of using stolen identities to extract funds from FanDuel and other regulated gambling…
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Sleeper Improves Sports App Experience With Kalshi-powered Prediction Markets
Sports platform Sleeper has introduced in app prediction market trading through a new integration with Kalshi, giving its estimated 10 million users…
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Atlas SEO Closure By Gentoo Media Set To Make 50 Jobs Redundant
Gentoo Media-owned marketing company Atlas SEO is preparing to shut down, placing the jobs of over 50 employees at risk. The decision…
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Senate Advances Anti-Sweepstakes Bill in Mississippi
Mississippi lawmakers have voted unanimously to advance the legislation targeting online sweepstakes casinos, sending Senate Bill 2104 to the House of Representatives.…
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Genius Shares Fall As $1bn M&A Deal Draws Investor Backlash
Genius Sports has seen its share price plunge after unveiling its planned $1.2bn acquisition of sports media group Legend. The company’s stock…
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Tim Heath’s Yolo explores sale of Sportsbet.io and Bitcasino.io
Crypto gambling billionaire Tim Heath is reportedly close to selling Yolo Group’s flagship brands Sportsbet.io and Bitcasino.io. According to reports from The…
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Genius Sports Agrees $1.2bn Media Deal To Acquire Legend
Genius Sports has agreed to acquire sports media business Legend in a transaction worth up to $1.2bn. The deal includes $900m payable…
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FY 2025: Product Investment and Gaming Taxes Impact Betsson’s Profit Margins
Betsson has closed out 2025 with reduced profitability, though boasting higher revenue. This is due to rising gaming taxes and increased investment…
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Winners Inc Launches Prediction Markets App For Trading On Kalshi and Polymarket
Winners Inc, through its wholly-owned subsidiary Moneyline Sports, has made an official foray into prediction markets with the launch of MeVu. This…
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Lawmakers Revive Push For Online Casinos Legislation In Illinois
Illinois lawmakers are weighing the future of online casino gaming after Representative Edgar Gonzalez Jr. introduced House Bill 4797, a proposal to…
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Betsson CEOs Optimistic On Regulated Crypto Casinos Amid Yolo Report
Betsson has been linked with a potential move for Yolo Group’s crypto casino brands Sportsbet.io and Bitcasino.io, following a report by The…
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Paraguay gaming revenue climbs above PYG18.7bn in January
Paraguay’s gambling sector generated PYG18.7bn in January, according to official figures published by the National Commission of Games of Chance, CONAJZAR. The…
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New York Attorney General Warns Residents Over Prediction Market Risks
New York Attorney General Letitia James has issued a consumer alert cautioning residents about the financial risks linked to prediction markets ahead…
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Sportradar Renews Partnership With Betfred To Improve Retail Technology
Sportradar has renewed its partnership with Betfred to improve the operator's retail technology. The expanded deal focuses on upgrading the performance of…
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Sporttrade Applies For DCO and DCM Registration Through CFTC
Sporttrade has submitted applications to the CFTC for designated contract market (DCM) and derivatives clearing organization (DCO) registration. The filings position the…