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Churchill Downs to Divest Nine Regional Casinos Through Individual Sales
Churchill Downs announced plans to sell nine regional casino properties individually or in small groups rather than as one large transaction, disappointing some investors but reflecting management's disciplined approach to asset disposition.
Casino Advisor 
DraftKings Survives Damages Claims in California Daily Fantasy Sports Lawsuit
A federal judge dismissed monetary recovery claims against DraftKings in a California daily fantasy sports case, but allowed injunction proceedings to move forward that could ban the company's paid contests.
Casino Advisor 
Binance.US Eyes August CFTC Filing for Prediction Markets License
Binance.US plans to apply for Designated Contract Market status next month to launch regulated prediction markets in the United States, marking a potential strategic pivot for the embattled crypto exchange.
Casino Advisor 
Ontario Sports Betting Surges Past $1B in June as World Cup Fuels Counter-Seasonal Spike
The 2026 FIFA World Cup drove Ontario's June sports betting handle to $1.033 billion, marking the eighth time in 12 months the province crossed the $1B threshold despite traditional summer slowdown.
Casino Advisor 
UK Gambling Commission Warns of AI-Driven Fraud and Crypto Risks in Latest ML/TF Assessment
The UKGC has identified artificial intelligence and cryptocurrency as emerging threats to the sector's integrity, as unlicensed operators increasingly facilitate money laundering and organized crime.
Casino Advisor 
MGM Reports Strong Q2 2026 on Digital Growth and Las Vegas Strip Performance
MGM's second-quarter results show consolidated revenue of $4.5 billion, driven by digital expansion and Las Vegas Strip strength, though regional casino performance declined.
Casino Advisor 
Anonymous High Roller Sues SkyCity Over Failed Gambling Protections
A former SkyCity Auckland VIP customer who wagered nearly NZ$500 million over three years is pursuing legal action while seeking to conceal his identity, citing potential harm to his family and cultural shame.
Casino Advisor 
Rush Street Interactive Files for Prediction Markets License While Maintaining Casino-First Strategy
Rush Street Interactive filed for a Designated Contract Market license in May but says it won't prioritize sports event contracts, signaling its focus remains on iGaming revenue.
Casino Advisor 
Churchill Downs Confirms Strategic Review of Regional Casino Portfolio
The racetrack operator disclosed it is exploring the sale of nine regional gaming properties across eight states, marking a significant shift toward higher-margin assets.
Casino Advisor 
Federal Appeals Court Revives Antitrust Lawsuit Against Major New Jersey Casinos Over AI Pricing
A US appeals court has allowed an antitrust case against major casino operators to proceed, alleging they used shared AI algorithms to inflate hotel room prices in New Jersey.
Casino Advisor 
New Jersey Casinos Push Federal Regulators to Restrict Sports Prediction Markets
New Jersey's casino association has asked the CFTC to ban prediction market platforms like Kalshi and Polymarket from offering sports-related contracts, arguing they undermine state-regulated betting markets.
Casino Advisor 
Hacksaw Gaming Launches Marlin Masters OG With 7,500x Max Win and Tiered Bonus Rounds
Hacksaw Gaming has released Marlin Masters OG, a fishing-themed slot with three distinct free spin modes and a maximum payout of 7,500x the bet across multiple RTP configurations.
Casino Advisor 
Massachusetts Lottery Goes Online for First Time Since 1972 Launch
The Massachusetts Lottery launched its first-ever online platform on July 27, 2026, powered by Aristocrat Interactive, offering draw games and eInstant games through a dedicated app and website.
Casino Advisor 
Italian Authorities Shut Down Illegal Betting Centers, Seize Unregistered Terminals
Italian customs and gambling regulator ADM shut down two unlicensed betting collection centers in Sicily, seizing computer terminals that bypassed national gaming levy requirements and levying fines exceeding €20,000.
Casino Advisor 
Morgan Stanley Cuts DraftKings Price Target on Prediction Market Spending Plans
Morgan Stanley analyst Stephen Grambling lowered his price target on DraftKings to $36 from $39, citing the operator's substantial spending on prediction market expansion and weaker-than-expected second-quarter earnings.
Casino Advisor 
Florida Lottery Reports Three Seven-Figure Winners from April Draw Period
The Florida Lottery has released details on its biggest April winners, including a $5 million Crossword Cash prize and two additional seven-figure payouts across scratch-off games.
Casino Advisor 
New York Public Remains Split on Sports Betting Despite Growing Market Revenue
A Siena poll shows 40% of New Yorkers view online sports betting negatively versus just over 20% positively, even as the state generates over $1 billion in annual tax revenue and participation reaches 25% of residents.
Casino Advisor 
Macquarie Projects Prediction Market Volume to Hit $1.5 Trillion by 2030
Investment bank Macquarie forecasts prediction market turnover will reach $1.5 trillion by 2030, potentially generating $50 billion in annual industry revenue as competition intensifies among sportsbooks and financial platforms.
Casino Advisor 
Federal Judge Approves $3M Settlement for F1 Las Vegas Grand Prix Fan Ejections
A Nevada federal judge has granted preliminary approval for a $3 million settlement compensating roughly 32,000 ticketholders ejected during the 2023 Las Vegas Formula 1 practice session, stemming from a loose drain cover incident.
Casino Advisor 
China's World Cup Betting Surge Masks Deeper Market Realities and Soccer Ambitions
Chinese bettors wagered US$11.6 billion through legal channels during the 2026 World Cup despite their national team's absence, but the figure likely understates actual gambling activity.
Casino Advisor 
Hey Seven Secures Seed Funding to Scale AI-Powered Player Development
Hey Seven announced seed investment from Bettor Capital to expand its AI-native player development platform across land-based, online, and omnichannel gaming operators.
Casino Advisor 
Mega Millions Jackpot Approaches $800M After Two Match 5 Winners Emerge
The Mega Millions lottery jackpot continues to climb toward $800 million after no top-prize winner in Tuesday's drawing, though two players secured seven-figure Match 5 prizes.
Casino Advisor 
Alberta's First Week Generates 3.2M Geolocation Checks as 100K+ Residents Register
GeoComply reported over 3.2 million geolocation compliance checks across Alberta's newly regulated iGaming market in its opening week, with World Cup finals driving peak engagement.
Casino Advisor 
Greentube Launches in Alberta as Canadian iGaming Market Expands Beyond Ontario
NOVOMATIC's digital gaming division has entered Alberta's newly regulated iGaming market, marking the second Canadian province to break from monopoly-based gambling models.
Casino Advisor 
DraftKings Launches Proprietary Prediction Market Exchange DKeX Amid Surging Volume
DraftKings rolled out its internal prediction markets exchange, DKeX, capturing $3.4 billion in annualized customer volume in its debut week as the operator integrates the platform into its Super App.
Casino Advisor 
Kalshi Valuation Surge Could Push Trump Jr Stake Toward Billion-Dollar Territory
Donald Trump Jr's $300,000 equity stake in prediction market Kalshi has appreciated dramatically as the company's valuation climbed from $2 billion to $22 billion in under 18 months.
Casino Advisor 
Australia's Illegal Gambling Crackdown Hits 1,750+ Domains as Operators Launch Mirror Sites
The ACMA has banned 12 additional illegal gambling websites, bringing its total enforcement count to 1,751 suspended domains. Operators continue adapting by launching mirror sites and recruiting influencers to circumvent Australian restrictions.
Casino Advisor 
Alberta iGaming Market Poised for July 13 Launch with 46 Operators Registered
Alberta's regulated online gaming market is set to go live July 13 with 46 operators registered and 50 brands total, down slightly from earlier projections but exceeding government expectations.
Casino Advisor 
Country Star Bailey Zimmerman Settles $16K Casino Damage Case After Public Apology
Bailey Zimmerman apologized to the Pueblo of Sandia and cancelled his performance after causing $16,000 in damages to a tribal casino hotel suite while intoxicated. Prosecutors dropped charges after he agreed to pay restitution.
Casino Advisor 
Dutch gambling tax hikes yield less than 5% of forecast revenue as market shrinks
The Netherlands' two-phase gambling tax increase from 2025-2026 generated only 59 million euros against a forecast of 324 million, as player protections and advertising bans compressed the taxable market.
Casino Advisor