The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30
 
31
 

Feed Items

Former NBA guard and assistant coach Damon Jones pleaded not guilty on Thursday (November 6) to conspiracy charges tied to two separate federal gambling cases. In the first case, prosecutors say Jones, best known for his time with the Cleveland Cavaliers, shared inside information with sports bettors. According to the indictment, he allegedly told an associate to place a “big bet on Milwaukee”...
The Northern Ireland Assembly’s All-Party Group on Reducing Harm Related to Gambling has called on the Chancellor to increase gambling taxes. The group has written an open letter to the Chancellor calling for higher taxes on online gambling to raise funds to reduce gambling-related harm. It’s estimated that a tax change could raise £2 billion ($2.6 billion) in revenue. https://twitter.com/...
PENN Entertainment, once the unassuming Penn National Gaming with little more than racetracks and regional ambition, has spent decades leveling up from modest racing outfit to one of America’s largest casino and racing powerhouses. Along the way, the company scooped up properties with the enthusiasm of a tourist collecting souvenirs, sometimes strategic, sometimes simply because they were there....
Kambi Group has shared ‘disciplined’ financial performance and source code acquisition in its annual report. In its quarterly earnings report, turnkey sportsbook provider Kambi shared decreased revenue and expenses amidst a difficult season, thanks to the impact of gaming-related taxes and an overall quiet sporting calendar. The company appears to be focused on consolidating for the future, with...
British-based operator bet365 has announced a partnership with casino provider Ezugi, enabling players to access live casino offerings in the UK, Ontario, and New Jersey. The partnership between bet365 and Ezugi is set to go live before the end of 2025, with bet365 adding casino games such as EZ Baccarat, Revolution Roulette, Ultimate Roulette, and Lucky 7 to its ever-growing list of titles. “We...
Nevada Judge Andrew Gordon ruled that Crypto.com’s contracts are not “swaps” in a move that may have been influenced by a tribal brief. After a lengthy legal battle, Crypto.com’s request for a preliminary injunction has been refused by Judge Gordon in Nevada, meaning the operator will need to cease operations of its sports prediction platform in Nevada or face financial penalties. Despite Crypto....
PENN Entertainment announced the termination of its ESPN partnership as part of its Q3 financial results. PENN Entertainment’s partnership with ESPN’s sports betting offering, ESPN Bet, has come to an end in a “mutual and amicable” termination, according to an announcement made in the company’s Q3 financial results. PENN’s marketing exclusivity with ESPN will end on December 1, 2025, with cash...
Minnesota Attorney General Keith Ellison is threatening 14 gambling sites with legal action after allegations that they are violating state law. AG Ellison is threatening 14 sites with legal action after none of the gambling operators took action following a warning letter from the Alcohol and Gambling Enforcement Division of the Minnesota Department of Public Safety in June 2025. The sites...
CGG Entertainment has been prohibited from providing its gambling services in Sweden by Spelinspektionen – the Swedish Gambling Authority. The Cyprus-based company features players entering lotteries for various goods, along with purchasing mystery boxes. Users can either win a prize or lose their entire stake. Despite the company not possessing a valid licence to operate in Sweden, the...
NetBet Enterprises Limited has been fined £650,000 ($850,400) after the UK Gambling Commission found AML and social responsibility failures. An investigation from the UKGC has found anti-money laundering and social responsibility failures at online gambling business NetBet Enterprises Limited. The company, which runs NetBet and partners with various casino games providers, must now pay £650,000...