Casino and gambling Industry News & Business Insights

A new study suggests that young men who already drink heavily may be more likely to binge drink when engaging with online sports betting, raising fresh questions about the wider social impacts of gambling apps.

Former Chelsea and Real Madrid star Eden Hazard is reportedly under investigation by Belgium’s gambling regulator after signing a new ambassador deal with online casino brand Stake.

A UK travel agent has been sentenced to three years in prison after defrauding her employer of nearly £500,000 over a 20-month period, with part of the stolen money spent on online gambling.

Classic-winning racehorse owner Alan Spence told the High Court that gambling debts of around £800,000 should be void because the bets were allegedly placed with an illegal bookmaker.

Rachel Grady said depression and the “buzz” of gambling pulled her into addiction during 2020, leaving her with £40,000 of debt before she rebuilt her finances through online clothes reselling.

The US government is set to receive about $10 billion from investors as part of a deal restructuring TikTok’s U.S. operations.

The NFL and CBS are reportedly discussing a new deal that could raise the network’s rights fee by roughly $1 billion.

Crown Melbourne is rolling out a AU$200 million redevelopment of its Southbank precinct, with more than 15 new venues, Riverwalk upgrades and a broader hospitality expansion through 2027.

Irth Capital has reportedly offered $47 per share to acquire Papa John’s and take the pizza chain private.

Tilman Fertitta is reportedly negotiating a $7 billion takeover of Caesars Entertainment after topping a competing bid from Carl Icahn.