News

Resorts World NYC’s $500M Racing Payment Fight Gets a Temporary Fix — But the Real Battle Isn’t Over

New York's legislature passed a temporary fix to the Resorts World NYC racing payment dispute, but the $500M+ question of who owes what remains unresolved.

Illinois Approves Landmark Budget Targeting Prediction Markets and Fantasy Sports Operators

Illinois passed its largest-ever budget June 1, taxing fantasy sports operators at 15%, and prediction market bets at 1.75%.

Barry Diller’s $18 Billion Bet: People Inc. Moves to Take MGM Resorts Private

People Inc. offered $48.30 per share to take MGM Resorts private — here's what the $18 billion bid means for investors, BetMGM, and the future of US gaming.