Flutter holds leading positions in the US and around the world Investment thesis buoyed by strong balance sheet Like other gaming stocks, Flutter Entertainment (NYSE: FLUT) is being hammered in a tariff-induced selloff that’s rocking US equities. That punishment continued Monday with shares of the FanDuel parent closing down by 8.36%, but some analysts remain […]
Polling shows New Jerseyans are fed up with gambling ads New Jersey has a robust commercial gaming market A majority of state voters would support limiting gambling adverts Gambling advertisements are seemingly everywhere. From highway billboards to commercial breaks and social media, consumers are bombarded with marketing suggesting how easy and fun it is to […]
Light & Wonder announces suite of Wizard of Oz branded slot games Top jackpot 1000x bet win BetMGM gets content boost as online casinos in Ontario hits 83% market share Light & Wonder has announced that the company’s popular The Wizard of Oz slots are coming to igaming, with a suite of branded games now […]
A Paddy Power slot player appeared to hit £1.1M jackpot but was only paid £20K The operator said the game glitched and showed the wrong animation A judge ordered the claimant to be paid in full A UK woman who sued Paddy Power after it refused to pay out a £1.1 million (US$1.4 million) jackpot […]
Evolution suing law firm C&K over allegedly libelous report that caused stock to dive Report was produced by an unnamed C&K client, thought to be an Evolution competitor C&K ask for stay in judge’s order to name mystery client A Newark, N.J law firm sued for libel by Swedish online gaming software provider Evolution AB […]
Two largest operators would see taxes in the state increase by an estimated $126 million New Jersey hasn’t officially approved governor’s plan to boost iGaming, sports wagering taxes DraftKings and FanDuel, the two largest online sportsbook operators in the US, would bear the brunt of increases should New Jersey approve proposed iGaming and sports betting […]
Part of $5 billion buyback program announced last year Announcement arrives a day after FanDuel parent delivered quarterly results Flutter Entertainment (NYSE: FLUT) said Wednesday it plans to repurchase as much as $300 million worth of its shares in the second quarter under the $5 billion buyback plan it announced last September. The Flutter logo […]
Santander sending messages about problem gambling support to UK customers even if spending is low Bank accused of “massive overreach” British bank Santander UK has been accused of “massive overreach” for sending out messages to customers expressing concern about their gambling, The Racing Post reports. Santander says the messages are a way of offering support […]
Flutter forecasts sizable 2025 EBITDA, revenue growth US operations could represent close to half of 2025 sales Flutter Entertainment (NYSE: FLUT) announced impressive 2025 earnings before interest, taxes, depreciation, and amortization (EBITDA), and revenue guidance on Tuesday — outlooks that accompanied the gaming company’s fourth-quarter results. The Flutter logo as seen in an investor deck. […]
BetMGM is terminating 83 employees in New Jersey The layoffs are at BetMGM’s headquarters BetMGM is primarily engaged in sports betting and iGaming BetMGM is reducing its overhead at its New Jersey headquarters by showing dozens of workers the door. The BetMGM Sportsbook at Gila River Resorts and Casinos Lone Butte in Chandler, AZ. BetMGM […]