Author: OnlineGamblingDaily

The International Association of Gaming Regulators (IAGR) has launched a free online tool to help consumers verify whether gambling websites are licensed in their jurisdiction, as regulators step up efforts to combat illegal online gambling. The platform, called Check Before You Play, was launched on November 9 alongside IAGR’s first Illegal Gambling Awareness Week, running from November 9–13….

MGM National Harbor has appointed Chris Gumiela as its president and chief operating officer (COO), succeeding Melonie Johnson, who has retired from the role. Gumiela will oversee the resort’s day-to-day operations and strategic direction, with a focus on employee engagement and community relations. “I’m thrilled to be back in the DMV and look forward to expanding the ways MGM National Harbor…

DraftKings has been downgraded by JPMorgan, UBS and Stifel following its third-quarter results and reduced 2026 outlook, as analysts question the potential returns from its expanding prediction markets business. DraftKings shares fell 21.3% on Friday to a new 52-week low after the company cut its financial guidance and said its prediction markets business could generate between $900 million and $1.05…

Nevada Rep. Dina Titus is urging Republican House leaders to fast-track the FAIR BET Act before Congress adjourns for the year, seeking to reverse a federal tax provision that has reduced the amount of gambling losses players can deduct from their taxable income. Titus, whose congressional district includes the Las Vegas Strip, is asking House Speaker Mike Johnson and Majority Leader Steve Scalise to attach the FAIR BET Act to must-pass legislation during the remaining weeks of the congressional session. The proposal would restore the full federal deduction for gambling losses, reversing a change enacted through last year’s One Big…

PENN Entertainment plans to step up its lobbying efforts in Texas following the U.S. midterm elections, which could improve prospects for gambling expansion in the state and create opportunities in other markets, Chief Executive Jay Snowden said. Democratic victories in several states have shifted the political landscape for the gambling industry. In Texas, Vikki Goodwin defeated longtime gambling…

Brazil’s Supreme Federal Court (STF) has suspended all ongoing proceedings in lower courts challenging the constitutionality of the country’s betting ban, effectively preventing licensed operators from seeking judicial authorization to resume operations until the court delivers a final ruling. Justice Luiz Fux issued the single-judge order on Sunday, November 8, with the decision published…

Five prediction market operators have restricted their prediction market offerings in Utah amid escalating legal pressure, following the state’s filing of 14 criminal charges against Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara, on 28 October. DraftKings, FanDuel, Fanatics, Robinhood and PrizePicks have withdrawn or restricted certain event contracts, although the extent of…

Turning Stone Resort Casino and other Oneida Indian Nation businesses are gradually returning to normal operations following a cyberattack on Monday, November 2, that disrupted computer systems, payment services, ATMs, and telephone lines across the group’s properties.  Turning Stone announced Thursday that it had resumed accepting credit cards for food and beverage purchases, while guests could once again earn loyalty points at all its properties. TS Sports, the group’s sportsbook and betting lounge, and bingo operations were set to resume at 4 p.m. on Thursday. The cyberattack affected several businesses operated by the Oneida Indian Nation, forcing Turning Stone Resort Casino,…

Penn Entertainment reported third-quarter revenue of $1.84 billion, up from $1.72 billion a year earlier, and net income of $33 million, or 24 cents per diluted share, compared with a net loss of $859.8 million, or $6.03 per share, in the prior-year period. Consolidated Adjusted EBITDA increased to $284 million from $194.9 million. The retail segment generated record third-quarter revenue of $1.5 billion, with Segment Adjusted EBITDAR of $501.8 million and a margin of 33.7%. “Penn’s third-quarter results were highlighted by strong year-over-year growth in retail segment Adjusted EBITDAR, continued progress toward interactive profitability, and further balance-sheet deleveraging,” CEO Jay…

The AGEM Index reached a record high of 2,108.59 points in October 2026, gaining 297.58 points, or 16.4%, from the previous month, as shares of all nine gaming equipment manufacturers tracked by the index advanced. The increase came despite a mixed performance across major U.S. stock markets. The NASDAQ declined 5.3% during October, while the S&P 500 fell 0.9%. The Dow Jones Industrial Average, however, recorded a 1.7% increase. Konami Corp. accounted for more than half of the AGEM Index’s monthly point gain, contributing 150.45 points following a 23.3% rise in its share price. The increase followed the company’s earnings…

The Dragon Lair game room has opened at Rio Hotel & Casino in Las Vegas, bringing together two popular Aristocrat Gaming slot game collections in a dedicated area on the casino floor. The new space focuses on Dragon Link and Phoenix Link, offering visitors access to both game families in one location. Announced on October 19, 2026, the opening marks another addition to the resort’s gaming offerings. The Dragon Lair game room occupies the former poker room space at the property, repurposing an area that previously served a different segment of the casino market. Rio President and General Manager Rod…

Superbet will invest approximately €500 million (US$561 million) in Greece over the next six years as it seeks to grow its presence in the country’s regulated betting sector. The investment will cover sports sponsorships, technology, staff training, and marketing, the company told reporters on Thursday, according to local media outlet OT.gr. Giannis Kalambokis, General Manager of Superbet Greece, said the operator had been in the market for seven months and found that Greek players had high levels of experience and strong expectations. He said the company wanted to strengthen customer relationships by improving its services and earning players’ confidence. Superbet…

Boyd Gaming has partnered with Sonesta International Hotels to bring its 19 casino resorts across the US to Sonesta’s distribution platform, giving the hotel company’s customers access to more gaming and resort destinations The exclusive strategic affiliation will begin in January with the launch of the Boyd Collection on Sonesta.com. The collection will feature more than 9,700 hotel rooms and 600,000 square feet of meeting and event space across Boyd’s properties. Nine of the 19 participating resorts are in Southern Nevada: Aliante, California, Cannery, Fremont, Gold Coast, Main Street Station, The Orleans, Sam’s Town, and Suncoast. The partnership will allow Sonesta…

Full House Resorts reported a 4.9% year-over-year increase in third-quarter revenue to $81.8 million, while announcing an $8 million cost-saving initiative at its underperforming Chamonix Casino Resort in Colorado as it targets a return to profitability in 2027. The casino operator recorded a net loss of $8.6 million for the quarter. Cash flow edged down to $14.6 million from $14.8 million in the same period last year. The company’s Midwest and Southern properties generated revenue of $62.1 million, up 6.4%, while divisional cash flow increased 18% to $13.6 million. Rising Star Casino in Indiana recorded a 10% revenue increase, while…

DraftKings has lowered its full-year 2026 adjusted EBITDA forecast by as much as $625 million as investment in its prediction markets business weighs on profitability, despite a 16% increase in third-quarter revenue. The company now expects adjusted EBITDA of $175 million to $275 million, compared with its previous forecast of $700 million to $900 million. Revenue guidance was also reduced to $6.35 billion to $6.55 billion from $6.5 billion to $6.9 billion. The revised outlook follows a third quarter in which DraftKings reported a net loss of $468.7 million, compared with $256.8 million a year earlier, as higher operating expenses…

CT Interactive has been named Best Slot Game Provider 2026 at the SiGMA Awards, recognising its gaming content and international market growth. The award recognises the company’s focus on game quality, continued expansion, and partnerships across international markets. Martin Ivanov, Chief Operating Officer at CT Interactive, said the recognition reflected the work and vision of the company’s team. “It reflects not only what we have achieved so far, but also our commitment to continuous growth and building strong, long-term partnerships,” he said. “We see it as motivation to aim even higher and create even greater value for our partners and…