Business & M&A

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,…

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…

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…

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…

Want to get more Covers content? Add us as a preferred source on your Google account here. The sports calendar is filled with exciting WNBA and MLB action as well as the weekly PGA events & more. That’s where odds boosts come in. Books are flooding the market with boosts on moneylines, player props…

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. Shohei Ohtani still isn't pitching, and Pete Crow-Armstrong has closed the gap in the MLB MVP odds. MLB odds haven't completely shifted in PCA's favor, but he's drawn far closer than anyone may have expected.…

Want to get more Covers content? Add us as a preferred source on your Google account here. College football win totals are available at Kalshi, one of our best prediction market sites, for the top programs in the country with Week 0 on the horizon. Notre Dame is expected by many to flirt with a per…

Want to get more Covers content? Add us as a preferred source on your Google account here. Grey Cup odds remain bullish on the Montreal Alouettes in 2026, as the defending East Division champs have won six straight games and boast an 8-1 record heading into Week 12. The latest CFL odds have the Als…

Want to get more Covers content? Add us as a preferred source on your Google account here. The 2026 Heisman Trophy odds saw plenty of preseason drama due to the Brandon Sorsby saga. But we're past that now, and it's CJ Carr and Arch Manning maintaining their spots atop the board with Week 0 on the…

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…

Want to get more Covers content? Add us as a preferred source on your Google account here. The MLB Rookie of the Year odds feel mostly settled. Barring injury, Kevin McGonigle appears to have the American League locked up. Meanwhile, though the NL race is tighter, JJ Wetherholt is maintaining a str…

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…

Booming Games will use QTech’s aggregation platform to connect with casino operators worldwide, broadening its reach and strengthening its global presence. The post Booming Games teams up with QTech Games to boost emerging-market reach first appeared on Asia Gaming News | AGB - Asia Gaming Brief.