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A suspected illegal gambling network in San Antonio, Texas, allegedly paid winners in Pokémon and sports trading cards. These could be exchanged for cash at a neighboring business, according to Bexar County Sheriff Javier Salazar. Deputies raided seven game rooms before dawn Wednesday (Nov.), detaining…
From major political outcomes to the latest Hollywood rumors, prediction markets now offer trading on almost everything. But as the online platforms explode in popularity, a growing number of industries are cautioning insiders against trading non-public information. The entertainment industry is the latest to sound…
A single Powerball ticket sold at a New Jersey supermarket has won an $847 million jackpot, the ninth-largest prize in the lottery’s history. The winning ticket was purchased at a Wegmans Food Market in Montvale, Bergen County, and matched all six numbers in Wednesday night’s…
Rush will return to Las Vegas next year for a five-show residency at Sphere, marking the band’s first extended engagement in the city and one of its most ambitious projects since resuming activity after drummer and lyricist Neil Peart‘s death in 2020. The residency, titled…
Las Vegas Sands Chairman and CEO Patrick Dumont has assumed control of the family’s 73% stake in the NBA Dallas Mavericks. According to an initial report by ESPN, billionaire Miriam Adelson transferred the ownership position to Dumont and her daughter, Sivan Ochshorn, in October. Adelson,…
Genius Sports has raised its revenue and EBITDA expectations for 2026 after signing partnerships with the two biggest prediction markets companies in Q3 and chipping away at its net loss. The firm’s Q3 results showed that its net loss year-to-date remains much higher than last…
Activist investor Arkhouse is pushing Barry Diller’s People Inc. (NASDAQ: PPLI) to repurchase stock, citing in part the “depressed” share price of MGM Resorts International (NYSE: MGM) – the casino company in which People is the largest shareholder. In a letter to People Chairman Barry…
Canada’s regulated iGaming landscape looks set to transform in the coming years as developments across the provinces signal strong, long term growth. In Quebec, the people have elected a government that backs regulated iGaming, while Alberta’s market launch, when adjusted for differences in population-size, is…
Legislation to establish a national framework for sports betting advertising in Canada moved one step closer to becoming law this week after a House of Commons committee approved an amended version of Bill S-211 on Tuesday (Nov. 3). Bill S-211, the National Framework on Sports Betting…
For most gamblers, coming out even a little on top for a trip to the casino is considered a win. For one Mississippi man, his long weekend jaunt to a Gulf Coast casino brought extraordinary riches and the pay equivalent to several years’ worth of…
