Florida Sues Stake and VGW Over Sweepstakes Casinos
Florida's attorney general sued Stake and VGW Holdings on August 19, alleging their sweepstakes casinos are illegal, unlicensed gambling operations.
The latest developments moving the iGaming and betting industry right now.
Florida's attorney general sued Stake and VGW Holdings on August 19, alleging their sweepstakes casinos are illegal, unlicensed gambling operations.
Evoke's H1 2026 results flag two going-concern risks tied to its Bally's Intralot takeover, against roughly £769 million of debt maturing in July 2028.
Kalshi faces $120,000-a-day fines in Nevada and $500,000-a-day fines in Michigan this week over missed geofencing deadlines for its prediction markets.
Bally's Corporation paused non-gaming construction on its $1.7 billion Chicago casino on August 9, 2026, in a dispute with the city over video gaming terminals.
The Gambling Commission backed South Yorkshire Police raids in Sheffield and Doncaster that seized 16 illegal betting terminals, cash and gold, and led to three arrests.
Flutter Entertainment ended nearly 26 years of London Stock Exchange trading on 3 August 2026, leaving its shares listed solely on the New York Stock Exchange.