Hard Rock Digital is the online sports betting and gaming arm of Hard Rock International, founded in 2020 as a joint venture between Hard Rock and a group of online gambling executives, and based in Florida. It trades under the Hard Rock Bet brand. Its position in Florida is unlike any other American operator's. Under the 2021 compact between the Seminole Tribe of Florida and the state, mobile betting runs on a hub-and-spoke model in which wagers are deemed to take place on tribal land where the servers sit, which makes Hard Rock Bet the only legal sportsbook in what is one of the largest betting populations in the United States. That arrangement survived federal litigation and has become the template other tribes look to when negotiating digital rights.
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The tribe that holds Florida's sports betting monopoly wants a Broward County court to shut down DraftKings' prediction-market sports tab and its Pick6 game, and accuses chief executive Jason Robins personally of racketeering. It is suing under state law, in state court, where DraftKings' federal preemption defence has to be won rather than assumed.
A confidential CNIGA request for information dated 3 June, obtained by InGame, sets out seven principles for a tribally owned online sports betting market, three market structures with a single tribal consortium on top, a 10% to 25% state share, and a "protect against iGaming" clause. Selected respondents are being met now.
The geolocation supplier's count of sportsbook activity on 13 September ran ahead of Super Bowl LX, and new accounts more than quadrupled, in the same week that prediction-market apps out-downloaded every sportsbook. The two datasets are measuring different things, and the gap between them is the story of this season.
New Jersey's total gaming revenue fell 4.1% to $615.7m as eight of nine casino floors lost ground and a late football calendar cut sports betting revenue to $61.4m. Online casino rose 4.4% to $259.3m but came off July's record, and for a second month the floor out-earned the internet. The summer as a whole was the resort's best in ten years.
Adjusted EBITDA of €162.5 million, a third guidance upgrade this year, and North American revenue up 161%. The driver is a motor-racing and slot hybrid running with Hard Rock Bet in Florida that settles on historical race results rather than a random number generator, and Playtech is telling investors not to annualise it.
Order 3070 adopts an Action in Lieu of Complaint against Caesars over signage and self-exclusion, and adds disgorgement to the penalty. Two case files sit behind it, opened thirteen months apart.
Playtech has told the market its first-half performance landed significantly ahead of expectations, lifting its full-year adjusted EBITDA target to at least €270 million and sending the shares up as much as 18% on the day. The upgrade rests on US and Latin American momentum that the supplier will need to sustain against a sharply higher UK tax burden.
The takeover battle for wagering operator PointsBet has seen a significant development, with the company's board today declaring the proposed offer from Betr