Russian Gambling Industry Reacts to Call for Online Casino User Fines
A Russian gambling industry chief has criticized a lawyer and political activist for suggesting fines on residents using online casinos.
Gambling Industry
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ATG Appoints Anna Romboli as CEO
Swedish gaming operator AB Trav och Galopp (ATG) appoints Anna Romboli, a former Svenska Spel member, as its new CEO.
FanDuel Reportedly Axes 'A Few Hundred Employees
The latest spate of layoffs in the gambling industry continues, with the operator FanDuel reportedly telling staff last week that hundreds would be let go.
EU Considers Implementing Gambling Levy for Additional Revenue
The European Union is considering implementing a gambling levy to generate additional revenue amidst geopolitical uncertainty.
Hedge Funds Profit $2 Billion Betting Against Gambling Companies
Hedge fund managers have found a new cash cow in the gambling industry, making $2.3 billion this year alone by shorting positions against companies like Flutter and DraftKings.
DraftKings Sees Prediction Markets Driving Growth
At the start of the month, Macquarie analyst Chad Beynon argued that DraftKings has experienced one of the most impressive structural growth trends in the gambling industry in recent years, largely due to its focus on prediction markets.
Sweden Implements New Compliance Charter for Gambling Industry
The period of May to August 2026 will see Sweden’s gambling industry enter a new era of compliance and regulatory control imposed by the Gambling Inspectorate, Spelinspektionen, and the Ministry of Finance, Finansdepartementet.
Churchill Downs Inc. Impact on Kentucky Derby Week
With the Kentucky Derby set for Saturday, Churchill Downs has been in the headlines this week. So too, as always, have prediction markets.