Rivalry pauses betting platform and cuts jobs as board explores options
The Toronto-listed company is in talks with outside parties about a potential sale, merger, or restructuring of the business.
Read the latest legal and finance news shaping the iGaming industry — from regulatory shifts to investment moves across global markets.
The Toronto-listed company is in talks with outside parties about a potential sale, merger, or restructuring of the business.
The operator has 15 days to appeal the proposed suspension to the Licence Appeal Tribunal.
CEO Jason Robins says DraftKings will invest in acquiring "millions" of new customers through its newly launched Predictions product.
ACMA confirmed this is the third time Tabcorp has breached online in-play betting rules since 2021.
Strong Q4 performance driven by accelerating returns from multi-year investments in US and Mexican markets.
Legal experts suggest the dual-currency model used by platforms may constitute illegal gambling under federal and state laws.
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