Latest News on Investors & Funding in the Gambling Industry
AI-GENERATEDJapanese Town Ōtō Eyes Multi-Billion Dollar Integrated Resort Bid
The small town of Ōtō in Fukuoka is exploring an integrated resort bid that could generate JPY1 trillion ($6.37 billion) to combat regional economic decline.
AI-GENERATEDHo-Chunk Nation Applies for Liquor License for $705 Million Casino Project
The Ho-Chunk Nation is moving forward with its massive $705 million casino development in Beloit by filing for a new liquor license.
AI-GENERATEDTrade or Bet? TikTok Enforces Strict Advertising Rules for Prediction Markets
TikTok distinguishes between 'trading' and 'betting' in its ad policies. Prediction markets spent nearly $200 million on digital marketing between January and July 2026.
AI-GENERATEDLaos Casino Feud: US Court Rules Government Can Chase Investors for $5 Million
A US appeals court has revived a 14-year legal battle. Laos is seeking $5 million from American investors John K. Baldwin and Bridge Capital.
AI-GENERATEDVGW Boosts Alabama Lobbying: $351,000 Poured Into State Politics
Sweepstakes giant VGW has increased its political spending in Alabama to over $351,000 as regulators across the US crack down on the model.
AI-GENERATEDFancy Dance Casino Expansion: Oklahoma Invests $20 Million in Gaming and Dining
Oklahoma's Fancy Dance Casino starts a $20 million expansion project to add a sports bar and increase the floor to over 500 electronic games.
AI-GENERATEDMega Expansion in New York: Turning Stone Casino Completes $400 Million Evolution
Turning Stone Resort and Casino in Verona, New York, has finalized its massive $400 million expansion, doubling its convention and event capacities.
AI-GENERATEDDraftKings Fights Back: Major Patent Dispute Shakes US Betting Market
DraftKings is challenging 18 claims of a mobile wagering patent held by Interactive Games. The outcome could redefine standard tech requirements for the entire industry.
AI-GENERATEDAustralian Giant Tabcorp Launches 'One Pool' Testing to Unify National Racing
Tabcorp is set to merge its three state-based tote pools into a single system starting September 24. The move aims to stabilize dividends amid a 5-6% annual decline in tote revenue.
AI-GENERATEDStartups Defy Cost-Cutting Trend: Millions Invested in iGaming Tech
While giants like Entain slash jobs, startups like ProphetX and Onyx Odds raised over $79.9 million for AI and compliance solutions.
AI-GENERATEDControversy over WSOP Pro-Am: Is Tournament Poker Becoming a Private Club?
The World Series of Poker introduces a $250,000 Pro-Am event. Critics fear the end of fair competition due to the segregation of pros and amateurs.
AI-GENERATEDGolden Entertainment Launches New $500K Linked Jackpot System in Nevada
A new progressive jackpot network connects video poker and keno machines across seven Nevada casinos, offering prizes up to $500,000 for a $1 bet.
AI-GENERATEDLeBron James and the $167 Billion Wager: How Betting Conquered American Sports
LeBron James joins Polymarket as US sports betting hits a record $167 billion, while FBI probes link former associates to illegal gambling rings.
AI-GENERATEDLas Vegas: Boyd Gaming Sells Former Eastside Cannery Site for $28.8 Million
Following the implosion of the Eastside Cannery, Boyd Gaming has finalized the sale of the 29.5-acre site for $28.8 million to make way for a 279-home residential project.
AI-GENERATEDGen Z Drives Surge in Online Gambling and Prediction Markets
A new report reveals that Gen Z accounts for nearly two-thirds of transactions on prediction markets like Kalshi. Online betting is growing faster than banks anticipated.