Silvia Pavlof's latest articles
Silvia Pavlof
WriterAn expert in industry analysis, Silvia closely tracks global mergers, acquisitions, and transitions in corporate strategy. She investigates market consolidation and competitive dynamics. Her sharp financial insights help executives and investors decode complex structural shifts, empowering them to navigate high-stakes deals and capitalize on emerging industry trends worldwide.
Sports
July 29, 2024
FanDuel’s Mobile Sports Betting Revenue in New York Reaches $2B
FanDuel, a leader in digital sports betting, just hit a big win. The company has now made over $2 billion from mobile sports betting in New York alone. The New York State Gaming Commission shared this data for the week ending July 21. It took FanDuel 133 weeks to reach this big number showing how […]
Sports
July 29, 2024
PrizePicks Engages Moelis & Co. to Explore Expansion Opportunities
PrizePicks, the biggest daily fantasy sports (DFS) operator in North America, has hired investment bank Moelis & Co. to look into possible mergers and acquisitions. People who know about the situation have commented that the company wants to grow by buying other companies instead of selling its business, reported Bloomberg. From Atlanta to a Thriving […]
Casino
July 26, 2024
Nevada Gaming Commission Confronts Penn on Compliance Shortfalls
The Nevada Gaming Commission criticized Penn Entertainment for major issues with compliance, such as having minors in casinos, allowing self-excluded persons to place bets, and slow updating of company policies. These failures became a key subject during the evaluation of Penn’s ongoing IPO, which was approved despite the raised concerns. Penn Entertainment Pledges Policy Overhaul […]
Sports
July 26, 2024
EU Court to Decide if German Bettors Can Claim Millions in Unlicensed Bets
To solve the issue of whether German bettors can claim back their losses from operators like Tipico, who operated without valid licenses between 2012 and 2020, the German Federal Court of Justice, Bundesgerichtshofs (BGH), has referred a case involving historic losses from online sports betting to the European Court of Justice (ECJ), thereby causing a […]
Industry
July 25, 2024
Prisoner Urges Australian Government to Adopt Gambling Harm Recommendations
Gavin Fineff, a former financial planner who is currently in prison for stealing AUD3.3 million ($2.2 million) to support his sports betting habit, has contacted Prime Minister Anthony Albanese. From his jail cell, Fineff asks the government to adopt all of the recommendations made by the parliamentary inquiry for online gambling harm prevention and impose […]
Industry
July 25, 2024
Hard Rock Bet Unveils New Profit Boost Feature Across the US
A new profit boost feature has been introduced by online sportsbook Hard Rock Bet, which is owned by the Seminole Tribe of Florida, in a bid to make betting more exciting for its users. The new feature allows bettors to increase potential winnings by adding a percentage boost to the odds of any qualifying wager […]
Industry
July 24, 2024
Gaming Tech Earnings Forecast Shows Positive Trends, Says Stifel Analyst
As the second quarter earnings season continues, gaming technology companies are preparing to announce their financial results. Analysts expect a generally positive performance across the sector. Stifel Analyst Predicts Strong Q2 for Light & Wonder and PlayAGS, Mixed Outlook for IGT and Everi According to a recent client note from Stifel analyst Jeffrey Stantial, Light […]
Legal
July 24, 2024
Pending Legislation May Halt FTC Probe into MGM Cyberattack
A bill in the US House of Representatives could stop the Federal Trade Commission (FTC) from investigating last September’s cyberattack on MGM Resorts International. The Republican-sponsored spending bill also calls for a 27% cut in the FTC’s budget. Congress Introduces Bill to Limit FTC’s Power in MGM Ransomware Probe The provision targets a civil investigative […]
Industry
July 23, 2024
Charity Commission Clears GambleAware in Industry Independence Inquiry
The UK’s Charity Commission has closed its investigation into GambleAware. The Commission said the charity took ‘appropriate steps’ to maintain its independence from the gambling industry after an inquiry was launched in March. Charity Commission Finds No Fault After Good Law Project Complaint A campaign backed by the Good Law Project had raised concerns about […]
Industry
July 23, 2024
Ex-DraftKings VP’s Fight Against Non-Compete Clause Hinges on State Laws
In a major legal contest over non-compete agreements, the First Circuit Court of Appeals has questioned the efforts of a former DraftKings executive to work for rival company Fanatics while bypassing his agreement. Michael Hermalyn who formerly was the VP of marketing at DraftKings is fighting against enforceability issues surrounding his non-competition clause which have […]
