Ukraine Blocks Stake, Roobet in Clamp Down on Illegal Gambling

Ukraine’s gambling regulator, the Commission for the Regulation of Gambling and Lotteries (KRAIL), has blocked 11 more online casino sites. The body claims these sites were operating in the country without a license. Among a string of relatively unknown sites, the list of blocked operators also included Stake and Roobet – two of the most…

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Jonathan Tamayo Wins 2024 World Series of Poker Main Event

“What in the world just happened?” On Day 8 of the 2024 World Series of Poker Main Event, there were two big hands everybody was talking about: Kristen Foxen’s elimination with K-Q and Jonathan Tamayo’s quick pre-flop fold with Queens. The latter was on the final table bubble with a $200,000 pay jump from 10th…

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Penn Entertainment Planning Layoffs at Digital Unit

Penn Entertainment (NASDAQ: PENN) is planning layoffs at its Penn Interactive arm, which includes the ESPN Bet online sports wagering unit. An image from an ESPN Bet tutorial. Operator Penn Entertainment is laying off workers at its Penn Interactive unit. (Image: YouTube) The number of jobs to be eliminated wasn’t announced, and the news was…

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DraftKings, Genius Sports Top Picks as Online Betting Booms

DraftKings (NASDAQ: DKNG) and Genius Sports (NYSE: GENI) are top gaming equity ideas at Macquarie, with the research firm forecasting significant second-quarter growth in iGaming and online sports betting (OSB) revenue. DraftKings stock highlighted at the Nasdaq market site in New York City. An analyst said that stock and Genius Sports are two top ideas…

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Online Lotteries to Face Potential Crackdown in Australia

Online lotteries to face review The Australian government has announced that it will conduct a review into online keno and offshore lotteries in a bid to minimize gambling harm. The move comes after the Senate Standing Committees on Environment and Communications recommended a 12-month review of lotteries, which fall under the Interactive Gambling Act of…

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