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120 results for “Interac”

Aerial view of Valletta's honey-coloured peninsula and dome between Marsamxett and the Grand Harbour, under a blue sky with a band of white cloud
Corporate

Malta's National Lottery Operator IZI Passes €1bn in Turnover as Pre-Tax Profit Doubles

IZI Finance, the Maltese group that runs the island's National Lottery and the Dragonara Casino, took more than €1 billion in stakes in a year for the first time and doubled its pre-tax profit to €14.4 million. Its lottery concession has under six years left to run, and the bond it sold in March to fund growth abroad runs almost four years beyond it.

The Bellagio fountains in Las Vegas in front of the hotel at dusk
Regulatory

Nevada Sets October 2027 Date for Ten Rewritten Technical Standards

Nevada's gaming regulator has gathered a decade of scattered technical rules for casino systems into ten draft standards, and the target date has moved from this month to 1 October 2027. Little of the text is new; what changes is that the controls must now be built into the systems suppliers get approved.

The Houses of Parliament and Victoria Tower beside the River Thames in London under a pale blue sky, with a tour boat on the water
Regulatory

Rank's Grosvenor Casinos to Pay £5m Over Money Laundering and Safer Gambling Failures

The Gambling Commission found that staff at Rank's Grosvenor casinos treated customers' wealth or winning streaks as a reason for light-touch safer gambling checks, and that its anti-money laundering rules had not caught up with changes made in 2020. The regulator says risks more often associated with online gambling are equally alive on the casino floor.

Downtown Pittsburgh's skyline and yellow bridges seen across the river on an overcast day
Regulatory

Pennsylvania Self-Exclusions Rise 18% to 9,677 as iGaming Revenue Grows 18%

Pennsylvania's regulator took almost 9,700 new self-exclusion enrolments in the year to June, more than in any year it has reported, and the monthly figure beat the year before in every month. The same week's reports show the state's casinos ended the year with 598 fewer staff as play kept moving online.

Brazilian 2 and 50 real banknotes on a white surface
Corporate

Listed Groups Count the Cost of Brazil's Ban, With the Affiliates Hit Hardest

Entain, Flutter, Allwyn, Better Collective, Acroud and DigiPlus have all told investors what Brazil's ban on fixed-odds betting means for them. For the big operators it is a trim to guidance; for Better Collective, whose shares traded a quarter lower on Monday, it removes about 12% of expected revenue.

The Las Vegas Strip lit up at night, seen from the air
M&A

Caesars Shareholders Approve Fertitta's $17.6 Billion Buyout as the FTC Review Becomes the Real Test

Caesars Entertainment shareholders approved Fertitta Entertainment's $31-a-share takeover at a special meeting in Reno on Tuesday, with votes in favour equal to about 65.4% of outstanding shares, the company confirmed in a filing on Wednesday. The deal now depends on a Federal Trade Commission second request and gaming regulators in every Caesars state, while a disclosure shows the President's managers sold a small Caesars holding in July.

The White House seen across the South Lawn under a blue sky
Prediction Markets

CFTC Staff Say Mention Markets Are Presumptively Open to Manipulation and Demand a Heightened Showing to List Them

The Commodity Futures Trading Commission's market oversight staff have told exchanges that contracts on whether a person will say a word, attend an event or shake a hand may be treated as presumptively readily susceptible to manipulation. The advisory lands less than a month after a White House teleprompter operator was fined for trading presidential mention markets on advance copies of speeches.

The columns of a courthouse
Corporate

DraftKings Asks the Patent Board to Void a Geolocation Patent Used to Sue It

Interactive Games sued DraftKings in Massachusetts in April over a patent covering geolocated mobile wagering and what a device displays when a customer is outside a permitted state. DraftKings' petition says Nevada rules required all of that in 2006, three years before the patent's priority date, and asks the PTAB to review it.

An American football player in a gold and blue uniform running with the ball against a dark background
Sports Betting

EKG Puts NFL Wagering at $40bn This Season With Prediction Markets Taking 21%

Eilers & Krejcik's first combined forecast credits sportsbooks with $31.7 billion and the exchanges with an $8.4 billion "handle analog", a translation of exchange volume into sportsbook terms that it has not published. The AGA sees sportsbooks flat at $29.5 billion; Week 1 data suggests the exchange share may be larger.

The DraftKings logo in front of a sportsbook screen
Sports Betting

NYT: DraftKings Scored Customers by Expected Losses and Shelved a Harm Model

A 2023 model ranked online casino players by how much they would lose per promotion and steered bonuses towards the top scorers, according to the New York Times. A parallel model to flag customers sliding towards harm was shut down in early 2025. DraftKings says predictive risk scoring was not evidence-based.

Valletta and its harbour from the air
Regulatory

Malta's Regulator Publishes a Voluntary AI Charter for Gaming Operators

The MGA and the Malta Digital Innovation Authority launched a principles-based framework on Thursday for operators using AI in player protection, fraud detection and customer contact. It sits under the EU AI Act, binds nobody, and is a rare instance of a gambling regulator writing down what it expects of a licensee's models. Charles Mizzi: "Our role is not to stand in the way of innovation."

The Manhattan skyline with One World Trade Center
Sports Betting

New York's NFL Opener: Record $595m Handle, 2.85% Hold, Revenue Down 44.5%

The Giants, Jets and Bills all won and covered, the opening week tied the NFL's highest-scoring on record, and the state's eight mobile books kept $17.0m of $594.6m. Fanatics held 1.1%. Handle was up 12.7% on last year's opener in the same week prediction markets traded more than $3bn on a single Sunday.

Steven Paton, Commercial Director at WiseGaming
Interviews

WiseGaming's Steven Paton: Technology, Not Geography, Decides Who Survives

Every analyst note leads with Brazil, Africa or the next US state. WiseGaming's commercial director says market access without a stack that can localise in weeks is "a money pit", that Curaçao's LOK reform is a filter he welcomes, that the agent model is converting rather than dying, and that his platform charges on net profit after bonuses, PSP and content costs rather than on GGR. He also says where the whole industry, his company included, is still behind on AI.

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