Feed Items
Wynn Resorts says it has contained a recent cybersecurity breach involving employee information and insists that hotel operations and guest services were not affected. Even so, the company is now facing a second federal class action lawsuit tied to the same incident.
The Las Vegas-based casino and resort operator told ReadWrite that it moved quickly after detecting unauthorized access inside...
A group of Senate Democrats is pressing the nation’s top commodities regulator to take a harder line on prediction market contacts that hinge on violence, war or someone’s death.
In a letter sent Tuesday (February 24) to Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, the lawmakers, led by Sen. Adam Schiff, argued that certain contracts now circulating online cross both...
Dabble is pushing further into the United States, adding Colorado to its growing list of live markets. The Austin-based daily fantasy sports app said on Monday (February 23) that players in Colorado can now access its platform, making it the company’s 31st active state as it continues to widen its reach in regulated jurisdictions.
The Colorado debut comes just weeks after Dabble went live in...
Kambi Group plc is pushing further into the US market with a new multi-year agreement that brings its sports betting technology to North Dakota. The company has signed a deal with the Mandan, Hidatsa and Arikara Nation to power on-site wagering at 4 Bears Casino and Lodge.
The property, located in New Town along Lake Sakakawea, is the flagship gaming and entertainment venue owned and operated...
Fresh research backed by the Social Gaming Leadership Alliance argues that Social Plus gaming has quietly become a sizable business in Virginia and Pennsylvania, even as officials in both states step up scrutiny of sweepstakes-style casinos.
PENNSYLVANIAPress release: https://t.co/WWWNjvyU5TE...
Penn Entertainment has reshaped its boardroom, bringing in three independent directors as part of a settlement with activist investor HG Vora Capital Management. The changes take effect right away and draw a line under a dispute that had been simmering for months.
The new directors are Heather Ace, Jeffrey Fox and Fabio Schiavolin. Each arrives with a different skill set, spanning human...
A Nevada member of Congress is taking aim at a fast-growing corner of the financial markets that looks a lot like sports betting.
Rep. Dina Titus, D-Nev., on Monday (February 23) rolled out the “Fair Markets and Sports Integrity Act,” a bill designed to stop federally regulated commodities exchanges from offering contracts tied to sporting events or casino-style games. The proposal was sent...
Kalshi has taken Utah’s top elected officials to federal court, accusing them of gearing up to block its prediction market business in the state.
In a lawsuit filed Monday (February 23) in the U.S. District Court in Utah, Kalshi says Gov. Spencer Cox and Attorney General Derek Brown are laying the groundwork to treat its event contracts as illegal gambling. The company is asking a judge to...
One of Las Vegas’ biggest casino operators is now facing a sweeping federal class action after hackers claimed they made off with a massive trove of customer data.
In a lawsuit filed in U.S. District Court in Las Vegas and reviewed by ReadWrite, Richard Reed accuses Wynn Resorts Limited of failing to properly secure sensitive personal information. The complaint is based on a cyberattack that...
The UK government is preparing to tighten the rules on who can sponsor the country’s biggest sports teams, with ministers setting out plans to stop unlicensed gambling companies from striking sponsorship deals with clubs, including those in the Premier League.
Culture Secretary Lisa Nandy confirmed that a formal consultation will launch this spring. The proposal would prevent gambling...