Business
October 30, 2025
MGM Resorts Misses Q3 Estimates amid Las Vegas Weakness
MGM Resorts International did not meet Wall Street’s expectations for the third quarter of 2025, as poor performance on the Las Vegas Strip and one-time charges related to its Empire City exit impacted financial results. Shares of the casino and hospitality giant dropped by more than 5% in after-hours trading on Wednesday after the release […]
Business
October 30, 2025
Jumbo Interactive Sets Sail for America with $36M Dream Giveaway Acquisition
Australian iLottery expert Jumbo Interactive announced the completion of its AUD 55.4 million ($36.3 million) acquisition of US prize draw company Dream Giveaway. This will allow the former business to make a foray into the US, capitalizing on the growing demand for lottery products. Jumbo Penetrates the US Market The deal was closed on October […]
Sports
October 30, 2025
MLB Takes Action to Stop “Micro Prop” Betting in Ohio
Major League Baseball is working to limit “micro prop” betting, bets on specific in-game events, due to rising worries about professional sports integrity. Ohio Governor Mike DeWine said league officials told him they were about to finalize deals with most big betting companies to remove these types of wagers from baseball markets. Governor DeWine Warns […]
Sports
October 30, 2025
Caesars Eyes Sports Prediction Market If Legalized
Caesars Entertainment told analysts this week that the company is carefully watching the growing sports prediction market, ready to act if a legal path opens, without putting any of its state gaming licenses at risk. The comments came during a call with Wall Street analysts, including Barry Jonas from Truist Securities. Jonas asked about competition […]
Sports
October 30, 2025
UFC Vegas 110: Durden vs Nascimento Odds, Picks, and Preview
One of the more intriguing fights in the upcoming Vegas showdown on Saturday will be between Allan Nascimento (-230) and Cody Durden (+220). The question is whether the Brazilian will cruise to another victory, and if the American can do something to oppose him. At (+220), bookmakers have clearly made up their minds on Durden. […]
Casino
October 30, 2025
Las Vegas Experiences Tourism and Gambling Dip in September
The economic heart of Las Vegas slowed down in September as both gambling income and tourist numbers dropped compared to the same month in the previous year. Even with this setback, experts and residents still believe the city’s ongoing growth will continue. Nevada Casinos See September Dip but Still Cross $1B Mark The Nevada Gaming […]
Legal
October 29, 2025
Kalshi Faces Legal Setback as Federal Judge Sends Massachusetts Case to State Court
New York-based prediction market operator Kalshi has suffered a significant legal setback as a federal judge ruled that the platform’s ongoing legal battle with the state of Massachusetts must proceed in a state court rather than a federal one. This ruling marks a procedural win for Massachusetts Attorney General Andrea Campbell, who seeks to prevent […]
Industry
October 29, 2025
Truth Social Enters Prediction Markets with “Truth Predict”
Donald Trump’s social media platform Truth Social is expanding into prediction markets. A new partnership with Crypto.com will allow users to speculate on the outcomes of political, economic, and sporting events. The feature, called “Truth Predict,” marks the latest move by Trump Media & Technology Group (TMTG) to expand its influence in finance, technology, and […]
Business
October 29, 2025
Reports Say Polymarket Could Launch in the US by the End of November
Reports have teased that Polymarket’s official launch in the US could happen sooner than many have imagined. According to Bloomberg, the prediction markets platform could go live in America by the end of November, allowing it to potentially capitalize on the remainder of the football season and other upcoming events. Polymarket’s US Return Looms Bloomberg […]
Casino
October 29, 2025
South Florida Cops Bust Las Vegas Serial Robber
The Miami Beach Police Department has been able to track a dangerous criminal, one 35-year-old Dshante Styles, responsible for a series of crimes in Las Vegas. Styles is said to have robbed several Las Vegas casinos, based on information from the FBI and the Las Vegas Metropolitan Police Department, which also cooperated with Florida law […]
