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California tribal gaming leaders continue to point to 2028 as the most realistic target for a statewide online sports betting proposal, with voter approval and changes to tribal-state agreements likely needed first.
A new class action lawsuit alleges DraftKings Predictions functioned as an unlicensed sportsbook by offering sports bets disguised as event contracts, while DraftKings says the product complies with applicable law.
Caesars and VICI Properties say they are developing a plan for 50 acres behind three Las Vegas Strip resorts that could become the site of a future NBA arena.
A lawsuit filed in Massachusetts on behalf of a California resident alleges DraftKings’ Predictions product violates state gambling rules by offering sports betting under the label of event-contract trading.
Thunder Valley Casino Resort said it temporarily suspended gaming operations Thursday because of a power outage tied to a crash that damaged utility infrastructure.
Robinhood reported record second-quarter revenue of $1.31 billion, with event contracts generating $156 million and surpassing crypto transaction revenue for the period.
