27 million followers: Brazilian Founder held in $320m betting probe
Influencer Raphael Sousa Oliveira accused of acting as a media operator in scheme involving illegal bets, raffles and money laundering.
Influencer Raphael Sousa Oliveira accused of acting as a media operator in scheme involving illegal bets, raffles and money laundering.
Sector representatives tell Senate that legal uncertainty is threatening thousands of jobs and blocking digital growth.
Supplier reports slight revenue decline despite strong LatAm growth and expansion plans in Brazil and Colombia.
The NBA Board of Governors approved consideration for expansion bids exclusively in Seattle and Las Vegas during late 2026, expected to generate $7-10bn offers for both franchises.
The collaboration between Westgate Las Vegas and Caesars Entertainment is still pending approval from the Nevada Gaming Commission, with the SuperBook originally debuting in 1986.
The operator also managed to set a new quarterly high for adjusted EBITDA during the first quarter of 2026, increasing the total 19% year-over-year to nearly $49m.
The operator amended its master lease agreement with Vici Properties to reflect the sale, which then entered into a new separate triple-net lease agreement with an affiliate of Clairvest Group.
Online betting and gaming GGR during Q1 2026 decreased 1% to €342m (US$401m) for the operator, while revenue generated by the vertical fell 8% year-on-year to €213m.
Attorney General Letitia James also filed for a temporary restraining order and preliminary injunction against Gemini after the operator unveiled intentions to offer event contract trading.
The operator is currently in exclusive talks with the billionaire over his proposal to acquire Caesars for $32 per share and assume more than $11bn of debt as part of the transaction.