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DraftKings has launched syndication for a $600m term loan and secured commitments for a larger revolving credit facility as it seeks additional liquidity and financial flexibility.
The agreement extends the operator’s football sponsorship activity as France’s gambling regulator increases scrutiny of promotional spending and sports partnerships.
The five-year agreement preserves Hollywoodbets’ matchday presence as Premier League restrictions reshape gambling sponsorship across English football.
The operator returned to profitability after restructuring measures improved its gross margin, although refinancing and liquidity risks remain.
The investigation is the second involving Air Force personnel and prediction-market contracts, following an earlier prosecution over classified operational information.
Casino win managed to outduel iGaming activity in New Jersey for July, accounting for $304.2m of revenue and increasing 7.1%, while online gambling drove $276.9m and grew 12%.
The complaints allege that Kalshi and Polymarket allow Baltimore residents to wager on game winners, point spreads, totals and additional props commonly offered by licensed sportsbooks.
A total gambling sponsorship ban is due in 2028, but can regulators draft a truly ‘loophole-proof’ law?
Panama’s gambling market continued to expand in the first half of 2026, with online gambling growing particularly strongly, while concerns remain over illegal lottery activity.
BetConstruct AI has launched The Purest Sportsbook, offering discounts and fee waivers for operators.
