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Philip Conneller
4253 stories by Philip Conneller
Flutter Entertainment Revises 2020 Guidance, Expects £110 Million Coronavirus Hit
Paddy Power and Betfair parent Flutter Entertainment has warned investors to expect group profits to be hammered for between £90 million ($109 million) and £110 million ($134 million) by the cancellation of global sporting events...
US PayDay Loan Mogul and Trump Donor Behind MoPlay, Busto Betting Site That Owes Customers
Stricken online betting company MoPlay was promised £130 million ($160 million) in financial backing prior to its launch in 2018. But only £60 million ($74 million) of this materialized, leaving the company unable to pay...
EPL Suspends Activities After Arsenal Manager Mikel Arteta Gets Coronavirus
The English Premier League (EPL) has been suspended until at least Friday, April 3. The decision was taken after Arsenal manager Mikel Arteta was diagnosed with the novel coronavirus COVID-19 on Thursday night. News of...
Melco Must Turn Over Sensitive Documents to Crown Resorts Suitability Investigation, Court Rules
Lawrence Ho’s Melco Resorts has lost its bid to keep private company documents out of reach of an unprecedented official investigation by the Australian state of New South Wales (NSW) into the licensing suitability of...
UK Regulator Clobbers Betway With Record $11.6 Million Fine for Accepting Stolen Money
Online sports book Betway achieved the dubious honor of becoming the UK’s most robustly punished gambling operator Thursday, as it agreed to pay a record £11.6 million ($14.6 million) fine to settle a litany of...
Steve Wynn Wins $1 Defamation Case Against Woman Who Falsely Accused Him of Rape
Steve Wynn has been awarded $1 in nominal damages in a defamation suit against a woman who alleged that the billionaire casino mogul raped her. In 2018, Halina Kuta, 73, of Laguna Vista, Texas, told...
Oklahoma Gov. Plan to Put Casino Rev-Share Payments in Escrow is Illegal, Says State AG
Oklahoma Gov. Kevin Stitt (R) doesn’t want to spend casino revenue-share payments on education. That's because he believes the amount of money the state’s tribal operators should pay into the public purse is in dispute....
Austria’s ‘Poker King’ Folds His Hand, Declares Concord Card Casinos Bankruptcy Over €600 Million Tax Bill
Austria’s 12 Concord Card Casinos have been shut down forever, according to their owner, Peter Zanoni, whose CCC Gruppe filed for bankruptcy this week under the weight of a €600 million tax bill. Zanoni, dubbed...
Video Games New Destiny 2, Valorant to Shun ‘Harmful’ Pay-to-Play Loot Box Model
Are video-game developers turning away from “pay to play” loot boxes, the controversial in-game items that critics say expose kids to the mechanics of gambling? Tomorrow sees the release of Season of the Worthy, the...
PokerStars Postpones All Live European Tournaments Over Coronavirus Fears, WSOP in Jeopardy?
PokerStars announced Sunday that it has postponed three upcoming live poker tournaments in Europe as a response to the coronavirus outbreak. The online poker giant said on its PokerStars blog that it had been closely...
