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BetMGM co-owner Entain agrees to pay £585M after bribery investigation

November 26, 2023 - The owner of Ladbrokes and Coral has agreed a deal with the Crown Prosecution Service (CPS) to pay £585m [$737m] after a bribery investigation. Entain is paying the sum following... Read more »

Entain sets aside £585 million for potential settlement over bribery probe

August 10, 2023 - British gambling firm Entain said on Thursday it had set aside 585 million pounds ($744.5 million) for a potential settlement with British authorities in relation to an investigation into potential... Read more »

Igaming Focus: 888 US asset sale, Super Bowl hits Feb margins, DraftKings’ live focus

March 28, 2024 - Hello and welcome to this week’s Igaming Focus newsletter. We have a(nother) stacked newsletter this week: Breaking: 888 sells U.S. B2C assets to Hard Rock Digital Books feel the hit... Read more »

Igaming Focus: Cannibalization — more data and views shine light on ever-broadening debate

March 21, 2024 - The only certainty one can glean about the discussion is that it is unlikely to quiet down anytime soon and, as it continues to develop, it is taking on a... Read more »

Igaming Focus: Beneath the underdog — digital know-how wins the day

March 7, 2024 - The lackluster performance of some of the land-based giants shows how important digital know-how and product are in igaming. With the first quarter reporting period ending and the 2024 NFL... Read more »

Regulatory Report: 269 gambling-related bills in progress in U.S. legislatures during December and January

February 8, 2024 - With the number of bills recently prefiled and introduced in December 2023 and January 2024, the amount of activity in the US state legislatures during the last two months could... Read more »

Arizona: Pascua Yaqui Tribe to build new casino

January 23, 2024 - The Pascua Yaqui Tribe has received permission to build a new casino in Tucson, Ariz., at the intersection of Grant Road and Interstate 10 after buying Federal Trust land near... Read more »

CEO of BetMGM co-owner Entain resigns amid shareholder discontent after firm’s bribery probe settlement

December 13, 2023 - Ladbrokes owner Entain’s CEO Jette Nygaard-Andersen will step down immediately, the sports betting giant said on Wednesday, following reports that some shareholders were unhappy with her leadership. The departure comes... Read more »

UK judge approves Entain’s $737 million settlement over Turkish bribery probe

December 5, 2023 - Ladbrokes owner Entain said on Tuesday it had received final approval from a British judge to settle charges stemming from alleged bribery offences at the global sports betting group’s former... Read more »

Sports betting parent company Entain clears $775 million in fines

November 29, 2023 - Gambling operator Entain, the company behind half of the BetMGM joint venture with MGM Resorts, has received preliminary approval to solve a legal issue around alleged offenses under the Bribery... Read more »