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Tag Archives: ReadWrite
Star Entertainment FY25 report is in, with revenue down almost 30%
The Star Entertainment Group’s latest report is in, with revenue down by 29% in FY25 compared to the year prior. This drop is described as being due to “challenging trading conditions” related to “regulatory reforms including mandatory carded play and … Continue reading
Six women ran a gambling ring that racked up over $1.5 million in seized cash
A bizarre story surrounding “first-degree” money laundering and “organized criminal activity” has come out of the Texas city, Galveston. Six women, all between the ages of 53 and 65, have been charged with various crimes, mainly related to do with … Continue reading
Rivalry Corp cuts expenses by 62%, with Q2 showing results of new business model
The sports betting and media company Rivalry Corp has cut operating expenses by a huge 62% year-over-year, its latest quarter report shows. The brand is undergoing a ‘rebuilt, high-leverage model,’ with this being its second quarter under the new approach. … Continue reading
SGLA re-urge California to end fight against sweepstakes casinos
The Social Gaming Leadership Alliance (SGLA) is back and asking for a rejection of Assembly Bill 831. This comes as the California Senate is set to hear the bill, which focuses on banning sweepstakes casinos, after it was placed in … Continue reading
Guardians duo to stay on leave in gambling investigation “until further notice”
The Major League Baseball (MLB) chiefs have made the decision for Guardians closer Emmanuel Clase and starter Luis Ortiz to stay on non-disciplinary paid leave. This will be “until further notice,” according to a statement by the MLB over the … Continue reading
MGM Resorts and BetMGM partner up to expand responsible gaming presence
MGM Resorts and BetMGM have once again partnered together with the American Gaming Association (AGA) to promote Responsible Gaming Education Month which covers the month of September. This is the third time this has taken place, with GameSense messaging to … Continue reading
Emotional Intelligence and Tech Project Success: A Lumenalta White Paper Bombshell
Lumenalta’s most recent white paper explores the role of emotional intelligence (EQ) in tech. Based on input from more than 900 IT leaders, the study suggests a possible link between EQ-focused teams and improved project outcomes. Despite 94% of leaders … Continue reading
Intralot signs deal with Montana Lottery
INTRALOT, Inc. (Intralot), one of the major global gaming providers, has signed a new contract to provide services to the Montana Lottery. The news involves the Montana Lottery’s Sports Bet Montana and the provision of what Intralot describes as “next-generation … Continue reading
Brazilian Institute of Responsible Gaming opposes raising taxes on sports betting
The Brazilian Institute of Responsible Gaming (IBJR) argues against raising taxes on sports betting, stating that it would create an “unsustainable” scenario. Speaking at a public hearing at the Senate Joint Committee, the executive president of the IBJR, Fernando Vieira, … Continue reading
Prediction Pulse: Lisa Cook faces Trump challenge, Trump Jr. plays both markets, and Taylor Swift turns Polymarket into a payday
This week in prediction markets, Donald Trump Jr. somehow managed to secure himself a seat on both sides of the table. The man has officially joined the advisory ranks at Polymarket while also moonlighting at Kalshi. One imagines the awkward … Continue reading