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Gambling is becoming a primary driver of mental distress among young men, triggering levels of isolation and dejection similar to heavy pornography use. That’s according to a multi-part study conducted by the Institute for Family Studies (IFS), a think tank focusing on “marriage, child well-being,…

Approximately 7 million to 11 million people in the United States meet at least one criterion for gambling disorder, according to the National Problem Gambling Hotline. However, a large part of them are women who struggle to find adequate help, facing stigma, lack of knowledge about treatment, or l…

In a bid to satisfy its creditors and maintain loan compliance, Bally’s is weighing potential asset sales and equity offerings. In a Form 10-Q filing with the Securities and Exchange Commission (SEC), the regional casino operator told investors there’s “substantial doubt” it will be able to continu…

A New Hampshire nonprofit organization associated with a former state House speaker now faces scrutiny for allegedly failing to fulfill its legal duty to support local communities and using charity funds for unknown purposes. This potential misconduct reportedly continued for years, raising questio…

Australia’s Labor government has vowed to introduce a new single-service opt-out register for gambling ads. This announcement comes amid continued calls to rein in the gambling sector and minimize the harm it causes. Australia Considers Opt-Out Register for Gambling Ads As Australia eyes changes to…

Ultimate Fighting Championship (UFC) is preparing a major expansion of its Las Vegas campus, with World Wrestling Entertainment (WWE) included in the developing blueprint. The company controls roughly 70 acres just north of the 215 Beltway between Jones and Rainbow boulevards, but only half of that…

The producers of the Vegas show Absinthe have announced a brief, temporary shutdown later this year, using the pause to voice sharp criticism against Formula One operations on the Strip. The production inside the Spiegeltent at Caesars Palace will pause performances from Nov. 16 through Nov. 29, 20…

DraftKings (NASDAQ: DKNG) has announced syndication for a planned $600 million senior secured term loan B credit facility, the proceeds of which will be used to repurchase convertible bonds. The gaming company said it will use net proceeds from the term loan to buy back “a portion” of the $1.15 bil…

New Orleans will welcome a second land-based casino in the coming years with a new gaming venue from Penn Entertainment. On Monday (Aug. 16), Pennsylvania-based Penn Entertainment announced a $195 million investment to relocate its Boomtown Casino & Hotel New Orleans riverboat to a brick-and-mortar…

The UFC has teased what officials called a “master plan” for the land surrounding the company’s Las Vegas HQ. Under the new project, the UFC will expand its presence in Sin City with a new hotel, among other things. The UFC Plans to Further Develop Its Vegas Lot For reference, the UFC owns roughly…

The Powerball jackpot has remained unclaimed, quashing the dream of two jackpot wins in a row. As a result, the game’s top prize has reached $35 million for the Monday drawing. Dozens of Players Won Tier Three Prizes Last Wednesday, a lucky player finally won the Powerball jackpot, shortly after th…

The Mega Millions jackpot has gone unclaimed after the Friday drawing failed to elect a winner. While the drawing did not have any Match 5 prizes either, a single player managed to scoop up a $100,000 payout. Lucky Player Won $100K from the Game The Friday Mega Millions jackpot provided players wit…

The majority of eligible shareholders in William Hill, 888 and Mr Green owner evoke have agreed to a buyout by Bally’s Intralot. Both firms confirmed to be in talks of a potential acquisition back in April, with the total bid price of £243.1m subsequently unveiled in June – alongside the terms and…

Want to get more Covers content? Add us as a preferred source on your Google account here. FanDuel renewed its longtime partnership with GeoComply, a global leader in geolocation and identity verification, it was announced Monday. Key Takeaways FanDuel and GeoComply have a partnership dating back 1…

Want to get more Covers content? Add us as a preferred source on your Google account here. NFL playoff odds are on the board with the 2026-27 season opener approaching. The defending Super Bowl champion Seattle Seahawks are one of the bigger favorites to get back to the postseason at -235, but they…

GGPoker became the latest operator licensed by Alberta Gaming, Liquor & Cannabis (AGLC) on Aug. 12, bringing the province’s total number of approved iGaming platforms to 39. GGPoker is owned by NSUS Group, an international iGaming company. The poker platform has been licensed and operating in Ontar…

The lines between the financial services and betting industries continue to blur. The rise of prediction markets has shone a very bright light on this, and everyone from operators to exchanges to tech providers have got in on the rush. This includes the likes of Armenian firm SoftConstruct. The fir…

FanDuel is defending its responsible gaming practices after three congressional Democrats demanded answers about why a VIP sports bettor struggling with gambling addiction received a personalized Thanksgiving message from MLB superstar Bryce Harper. The sportsbook did not address the controversial…