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Scientific Games reorganizes legal and public policy teams

March 8, 2024 - Gaming and sports betting tech provider Scientific Games has merged its legal and public policy teams into a Global Legal and Public Policy department. Executive Vice President James D. Schultz... Read more »

Higher holds boost DraftKings price targets

July 6, 2023 - A more tight-fisted approach with players is paying off for DraftKings. In an investor note released last night, Deutsche Bank analyst Carlo Santarelli cited higher hold percentages as the leading... Read more »

Global gambling revenue, adjusted earnings rise in second quarter for IGT

August 3, 2022 - Buoyed by U.S. and Canadian demand for replacement machines and increased yields from its installed base, International Game Technology’s global gaming revenue grew 21% year on year in the second... Read more »

Tribal sovereignty and the battle for Oklahoma

May 22, 2022 - In 1987, the United States Supreme Court ruled in favor of the Cabazon Band of Mission Indians in litigation against the state of California. In simple terms, California said the... Read more »

New Jersey seeks clarity from feds on igaming

June 24, 2021 - Hoping for a reaffirmation of the Department of Justice’s 2011 interpretation of the Federal Wire Act, the state of New Jersey is seeking a Biden administration finding that internet gambling... Read more »

Frank Floor Talk: Battling Unregulated Gaming

May 18, 2021 - Fifteen months have passed since the American Gaming Association and the Association of Gaming Equipment Manufacturers first announced a coordinated effort to battle the spread of unlicensed, unregulated gaming machines... Read more »

Sportsbook operator sues over its suspension in Tennessee

March 23, 2021 - NASHVILLE, Tenn. (AP) – A Tennessee sports betting company has sued state officials to try to overturn their suspension of the firm’s sportsbook, a move taken last week due to... Read more »

Q4 earnings for Everi Holdings promote ‘balance’ between the company’s divisions

March 3, 2020 - Products in Everi Holdings’ financial services business don’t carry flashy themes, such as the company’s slot machine game based on the Discovery series “Shark Week.” But revenues from the division... Read more »

Scientific Games earnings top forecast, send shares surging

November 9, 2019 - A $19 million gain on remeasurement of euro-denominated debt helped Scientific Games post third-quarter income, reversing a year-earlier loss and top Wall Street forecasts. Revenue rose, boosted by gains across... Read more »

Nevada watching from the sidelines as Wire Act court battle plays out

March 12, 2019 - As New Hampshire heads to federal court in an effort to squash the U.S. Department of Justice’s planned changes to the Federal Wire Act, the state is finding its support... Read more »