A recent lawsuit in Iowa has brought to light a controversial case involving college athletes and gambling regulations. The lawsuit, filed on Friday, seeks unspecified financial damages for reputational harm caused to the athletes by the state and its enforcement agencies. The plaintiffs allege that their rights were violated…
Boyd Gaming, a prominent gaming and hospitality company, has recently released its unaudited financial report for the first quarter of 2024. Despite facing challenges during this period, the company showed resilience by reporting a slight decrease in revenue compared to the previous year. In Q1 this year, Boyd Gaming…
The parent company of Churchill Downs, Churchill Downs Incorporated (CDI), has announced impressive results for the first quarter of 2024. The company reported a 6% increase in net revenue, reaching a record-breaking $590.9 million. This growth is a testament to CDI’s strong performance and highlights its continued success in…
Lawmakers in Alabama are embroiled in a heated debate over a proposal that could pave the way for the expansion of gambling activities in the state. House Bill 151 (HB 151) aims to legalize sports betting, extend the reach of gambling, and establish a lottery. Despite receiving bipartisan support,…
Evolution, a leading provider of online gambling software, has faced a setback in its legal battle against Calcagni & Kanefsky (C&K), a New Jersey law firm. The New Jersey Superior Court recently denied Evolution’s motion to unveil the sponsors of an anonymous report that accused the company of misconduct…
Kambi, the provider of premium sports betting services to iGaming and betting operators worldwide, has recently released its latest financial update, revealing its performance for the first quarter of this year. According to the unaudited report for Q1 2024, Kambi generated €43.2 million ($46.2 million) in revenue, representing a…
