Police in Spain’s capital city of Madrid recently launched an exercise to uncover illegal gambling. It worked, as a sweep of various locations led to the dismantling of a number of underground casinos.
DraftKings (NASDAQ:DKNG) stock is higher by 16.40% over the past week — a surge fueled largely by the company lifting its 2022 revenue outlook while cutting its full-year earnings before interest, taxes, depreciation and amortization (EBITDA) estimate.
Perhaps to the delight of some investors, the gaming firm also dramatically curbed marketing spending in the April through June period.
Outspoken multibillionaire Elon Musk said on Tuesday he was looking to buy Manchester United. The English Premier League (EPL) fans thought it was a relatively good idea. Until the SpaceX and Tesla founder later said it was only a joke.
The US gaming industry is requesting involvement in the federal government’s work to better understand digital currencies and assets. They are doing so in hopes of assuring that any forthcoming regulations do not overly burden its members.
It’s almost time for college students to head to campus for the start of the school year. In Ohio, responsible gambling advocates are using the occasion to raise awareness of just how prevalent problem gambling behaviors are among young adults.
Gaming operator 888 Holdings recently announced that it was going to be making cuts to offset financial losses. One of those cuts has arrived, with the company planning on halting the Mr Green Sportsbook in the UK next month.
Formula One is the glitziest of motorsports, and that reputation will be in full effect when the circuit makes its debut in Las Vegas in November 2023.
Online casino and slot operators in Ireland are receiving licenses that allow them to offer their platforms legally. Now, lawmakers want answers.
DraftKings (NASDAQ:DKNG) stock is in rally mode of late, and Wall Street is taking note. Some analysts are turning bullish on the name ahead of the start of football season.
MGM Resorts is the largest employer in Nevada, and the casino firm’s workforce is once again stepping up to help out the Silver State’s neediest residents.