Tag Archives: ReadWrite

The Washington State Gambling Commission has issued a cease and desist notice to unlicensed Calcutta billiards operator Victory’s Auction Pro. Victory’s Auction Pro is alleged to be an organization running illegal Calcutta billiards tournaments in Washington. The Washington State Gambling … Continue reading →

The state of Massachusetts has filed a brief in opposition to financial services company Robinhood filing its own motion. After Robinhood filed a motion for a preliminary injunction, Massachusetts filed an opposing brief in response. The company had asked a … Continue reading →

A councilman for New York’s Prospect Park has been indicted on 18 charges related to an illegal gambling ring. Council President Anand Shah has been indicted on 18 charges related to allegedly participating in an illegal gambling ring, including several … Continue reading →

The gambling group behind William Hill is planning to shut around one in ten of its betting shops across the UK in 2026. Evoke plc, which bought William Hill for 32 billion in 2022, is reportedly planning to close roughly … Continue reading →

California tribes have been blocked from suing cardrooms over exclusive rights to run such events in the state in the latest courtroom step. The tribes in California have faced obstacle after obstacle in trying to block the cardrooms industry across … Continue reading →

The SGLA has criticized Governor Gavin Newsom’s signing of AB 831 into law, essentially banning online social games with sweepstakes promotions in California. The state is following in the footsteps of Montana and New Jersey, despite opposition from California tribal … Continue reading →

Allwyn International and the Greek gaming company OPAP S.A. have decided to merge in an all-share deal that gives the combined business an equity value of €16 billion ($19 billion). The two companies said the new organization will be called … Continue reading →

Casinos have become staple businesses in many towns and cities worldwide, with places like Sin City attracting tourists based on these gambling institutions. While the traditional approach has long worked, the need to adapt to changing interests is creeping up … Continue reading →

PrizePicks, the daily fantasy sports site, is launching a new slate of features for its app. The company says that it’ll “evolve how fans engage” with the community, friends, and “celebrities,” all while watching sports. It’ll take the form of … Continue reading →

Kalshi has announced that it raised more than $300 million in a Series D funding round at a $5 billion valuation. The round was led by Sequoia and Andreessen Horowitz (a16z), with strong participation from returning investor Paradigm. Other backers … Continue reading →