The Philippine Amusement and Gaming Corporation (PAGCOR) has revoked the Business-to-Consumer (B2C) operating license of One Visaya Gaming Corporation (OVG) due to the company's violation of Know Your Customer (KYC) checks regulations. OVG must shut down its Bigwin29 casino website by October 8 and
Philippine listed company DigiPlus Interactive Corp said on Friday that the recent decline in stock prices may be related to "market speculation about the bill limiting online gambling." Previously, DigiPlus's stock price fell 13.9% on Thursday to close at 38.75 Philippine pesos per share, and fell
Previous bribery allegations have led Entain into legal disputes. According to Law.com, the UK law firm Fox Williams is seeking substantial compensation from the operator.It is reported that the law firm claims the company's stock price plummeted due to historical bribery allegations, amounting to o
There's no doubt that DraftKings' second-quarter earnings report this week generated a lot of attention, mostly because the company finally reported a profit, with quarterly net income of $63.8 million. However, despite this, DraftKings' stock price fell immediately after the earnings re
key point: Revenue growth:DraftKings Inc. (NASDAQ: DKNG ) announced second-quarter 2024 revenue up 26% to $1.104 billion. Profitability:The company finally achieved a profitable quarter, announcing a net profit of $63.8 million. Operating loss:Despite being profitable, DraftKings rep
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