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casino and sports betting markets, as well as regulatory updates worldwide.
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Key Points Fertitta Entertainment negotiates a takeover of Caesars Entertainment valued at nearly $7 billion with an offer of around $34 per share. The proposal sits above a cash bid of about $33 per share previously submitted by Icahn Enterprises. Caesars posted four straight quarterly losses while Las Vegas tourism weakened through 2025. Caesars Entertainment […]
Major League Soccer has imposed lifetime bans on footballers Derrick Jones and Yaw Yeboah after determining they violated the league’s gambling policy. The sanctions follow an independent investigation prompted by suspicious betting alerts that the MLS received from integrity monitoring partners. This investigation was carried out by the law firm Patterson Belknap Webb & Tyler […]
Greek authorities have arrested 17 individuals during a coordinated operation targeting a suspected illegal gambling network accused of generating more than €16m in unlawful profits. The investigation unfolded across several cities including Athens, Thessaloniki, Patras and Agrinio, attempting to dismantle an organised group allegedly operating unlicensed gambling services through retail premises and digital platforms. Authorities […]
Key Points An Ohio federal judge refused Kalshi’s request for a preliminary injunction and allowed the state to enforce sports gambling laws against the prediction market platform. The ruling rejected Kalshi’s claim that its sports event contracts count as swaps governed under federal derivatives law. Conflicting court rulings inside the Sixth Circuit raise the chance […]
Key Points The South African government plans a 20% national tax on gross gambling revenue from online betting operators, showing a push to reduce online gambling and respond to social harm. Industry voices explain that this levy with VAT and provincial taxes can raise the total effective tax load on licensed bookmakers close to 38–39%. […]
Expanse Studios has received regulatory certification allowing its gaming titles to be distributed in the Baltic markets of Estonia and Latvia. The studio, operating under Meridian Holdings, confirmed the approval followed technical assessments conducted by Gaming Associates, a testing lab accredited in UKAS. Two titles from the developer’s portfolio, Candy’s Bonanza and Leprechaun’s Wish, were […]
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