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Penn Entertainment Shareholders Vote to Cut CEO Pay by $7.9 Million
Penn Entertainment shareholders have backed a significant reduction in CEO Jay Snowden’s compensation package, capping it at $17.4 million compared to the previous $25.3 million ceiling. The move reflects investor…
Most UK Adults Can’t Spot Illegal Betting Ads Online, Study Shows
North Carolina Raises Sports Betting Tax to 23%, Tightens Operator Reporting
Entain Mulls CEE Exit Strategy as UK Tax Burden Mounts
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Bet365 Replaces DraftKings as UFC’s Official US and Canada Betting Partner
Bet365 has secured a significant partnership deal with the UFC, taking over from DraftKings as the mixed martial arts organization’s…
UK Gambling Commission Opens Door to Crypto Payments Under New Framework
The UK Gambling Commission is seriously considering allowing cryptocurrency payments for licensed operators, following Parliament’s proposed new regulatory framework for…
US Watchdog Claims Prediction Markets Are Unregulated Gambling
Better Markets, a US financial advocacy group, has fired a broadside at prediction markets, claiming they’re essentially unregulated gambling dressed…
Underdog Snaps Up Aristotle Exchange to Launch Own Prediction Markets
Underdog has acquired both Aristotle Exchange DCM and Aristotle Exchange DCO, giving the US sports operator its own CFTC-registered infrastructure…