Drake-Stake saga expands into New Mexico
Hold on, we're going back to court... Drake, Adin Ross and Sweepsteaks Limited have been the subject of a class action complaint in New Mexico.
Hold on, we're going back to court... Drake, Adin Ross and Sweepsteaks Limited have been the subject of a class action complaint in New Mexico.
The upgrade aims to modernize both retail and digital operations.
The merger has now passed the necessary regulatory conditions, completing for an AU$55.4m transaction fee.
The study resulted from a recently passed bill authored by Indiana Sen. Andy Zay.
The operator's adjusted EBITDA for the third quarter of 2025 was reported to be $36m, representing an increase of 54%, while total revenue grew 20% from the prior year period.
The operator stated its net loss for Q3 2025 was attributed to a $256m charge for withdrawing its commercial gaming license application in New York, as well as $93m in non-cash write-offs.
Both the Las Vegas Strip and Downtown areas witnessed falls in revenue year-over-year, as the Strip reported a September 2025 revenue of just over $687.8m but decreased 5.5%.
A federal judge has ruled that Massachusetts' case against Kalshi's sports event contracts must be heard in the state.
New York's largest convention resort is now scheduled to welcome guests on 29 June 2026, followed by the debut of The Grand Expo conference and event center on Labor Day the same year.
Prediction markets are exploding: James Bennett, Managing Editor, PredictChecker.com, discusses their impact on the gambling and finance sectors.