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Light & Wonder has revealed its forecast for the coming years of more than $2 billion by the year 2028. In spite of a slightly rough start this year, the slot machine manufacturer still projects earnings of $1.4 billion in 2025, and it doesn't include the benefits it is projected to gain from the acquisition of G2 Gaming, Inc. and Grover Gaming. On a difficult day for the broader stock market and gaming sector, Light & Wonder has emerged as a rare bright spot, unveiling a bold long-term forecast during its investor day event. The slot machine manufacturer announced it is targeting $2 billion in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 2028 - a significant leap from current levels. Reaffirming 2025 targets despite Q1 hurdles Despite challenges during the first quarter of the year, Light & Wonder reaffirmed its 2025 adjusted EBITDA guidance of $1.4 billion. This projection, which suggests a compound annual growth rate of 15% since 2022, does not account for potential synergies and revenue boosts from its recent $850 million acquisition of assets from G2 Gaming, Inc. and Grover Gaming, Inc. Analysts welcomed the reaffirmation as a sign of stability amid headwinds. The company also expects its earnings per share to double by 2028, rising from $5.27 in 2024 to $10.55. Jeffrey Stantial, an analyst from Stifel, noted that the long-term targets were 'sufficiently achievable' and even 'conservative' when compared to the company's peers. "Implied organic growth still nicely outpaces most rivals," he wrote in a client note. He also cited improved clarity surrounding ongoing litigation with Aristocrat Leisure, adding that a resolution could act as a catalyst for the stock, which he rates hold with a $95 target. Grover Gaming acquisition a driver of key growth A major focal point for Light & Wonder's future is its recent acquisition of Grover Gaming and G2 Gaming - a deal seen by many as a potential growth engine, particularly in the charitable gaming sector. David Katz, a Jefferies analyst, highlighted the acquisition's immediate impact, noting it should add approximately 10,000 units to the company's installed base. He also pointed to the legalization of electronic charitable pull-tab devices in Indiana, where operations are set to commence on July 1, 2025. Katz estimates an additional 1,200 units could be deployed in the state by 2026. "It [the Grover acquisition] should add 10K units immediately, with a path to upgrade content in five existing markets and new units in Indiana," Katz noted. "We've added the legacy 10K units to our installed base at an estimated $37 WUD." Charitable gaming offers casino-style wagering through lotteries, slot machines, and table games, but is operated by nonprofit organizations rather than commercial or tribal casinos. Light & Wonder, already a major player in the slot machine space, stands to benefit from Grover's strong financials - including its $111 million in adjusted EBITDA for 2024 and EBITDA and revenue CAGRs of 31% and 29% from 2022 to 2024. Australian listing strategy remains in focus Nearly two years after debuting a secondary listing on the Australian Securities Exchange, Light & Wonder is also considering expanding its presence there. The company's primary listing remains on the Nasdaq, but analysts and shareholders continue to speculate on the potential shift in strategic emphasis. According to Katz, about 62% of Light & Wonder's issued share capital is tied to the US listing, with the remainder linked to Australia. The company expressed interest in joining the ASX 100 and eventually the ASX 50 - two of Australia's key stock indices. It has already achieved inclusion in the Russell 1000 Index in the United States. While some view Light & Wonder's 2028 forecast as conservative, it sets a strong foundation for steady growth. With strategic acquisitions like Grover, potential legal clarity, and expanding geographic footprints, analysts believe the company is well-positioned to outperform its peers in the coming years.

The Poarch Band of Creek Indians from Alabama has just announced a brand-new approach for the legalization of casino gaming and sports betting in the state. Instead of seeking out legalization only in the legislative session, it will focus on legalization throughout the entire year. Alabama is still one of the few US states with no lottery, and legislators have regularly tried to introduce the legislation, along with casino gaming and sports betting, with no luck for a good number of years. In the face of repeated legislative setbacks, the Poarch Band of Creek Indians is adopting a new, year-round strategy to push for the legalization of casino gambling and sports betting in Alabama. The move signals a shift in how the tribe plans to build momentum behind an issue that has long divided lawmakers, despite strong public support. Rethinking the strategy Rather than waiting for the next legislative session, PCI leaders are working to keep the conversation about legalized gambling alive throughout the whole year. Arthur Mothershed, Executive Vice President of Business Development and Government Relations for Wind Creek Hospitality - the tribe’s gaming arm - emphasized the need for a more proactive approach. "I think too often we wait until the session starts and then we start working for this agenda or trying to push this agenda across the finish line," Mothershed said. "I think we've got to do a better job of getting the voices of the people heard." The tribe plans to launch a series of polling initiatives and focus groups before the summer to fine-tune its messaging and build grassroots support. Alabama's gambling landscape Alabama remains one of only five states with no state lottery, and efforts to establish one have consistently failed in the legislature over the last 25 years. In recent years, proposed legislation has expanded beyond a lottery to include casino gambling and sports betting - but disagreements over specifics such as revenue allocation have stalled progress. Despite these political hurdles, public opinion is decidedly in favor of bringing gambling to the state. Polls show that up to 80% of Alabamians support the opportunity to vote on a lottery, and many are open to broader gambling reforms. Amplifying tribal voices The Poarch Band of Creek Indians currently operates three electronic bingo casinos in the state and has been increasingly vocal about the need for expanded gambling options. The tribe acknowledges it must do more to advocate for the communities it serves and the economic benefits legalized gambling could bring. "We're already in the process of setting up more polling before the summer even starts, putting together some focus groups so that we can get a better message to the legislators," stated Mothershed. In a show of commitment, PCI bought the Birmingham Race Course last year and partnered with the influential lobbying company Fine Geddie. The tribe had even begun preparing for extensive renovations at its facilities, anticipating the passage of a comprehensive casino gambling bill. According to projections, legalized gambling could bring over 10,000 jobs to Alabama, along with significant new revenue for the state. Facing political resistance Still, the road to legalization remains steep. After another failed attempt at passing gambling legislation earlier this year, Senator Greg Albritton, a longtime supporter of the initiative, declared the issue effectively dormant for the foreseeable future. "We've been struggling with this for 25 - 26 years already...I don't see anything changing," said Albritton, expressing doubt that consensus among lawmakers could be reached anytime soon. The sentiment contrasts with public opinion and the stance of Governor Kay Ivey, who has signaled openness to a voter referendum on the issue. However, a lack of alignment among lawmakers continues to block meaningful progress. The Poarch Creek's new strategy aims to bridge that divide by mobilizing voters and reshaping the narrative around gambling in Alabama. With increased outreach and a more sustained lobbying effort, the tribe hopes to turn public support into political action.

A well-timed victory by Xtreme Gaming in the Asian Champions League now puts them on the driver’s seat to represent China in the Esports World Cup. The Dota 2 team is now eager to take on the challenge this August and looks to continue their hot groove after finishing strong for the recent Chinese Qualifier event. Coming off massive roster adjustments in which they had to replace position 5 support player Qiancheng “Undyne_” Li with a veteran star in Jiang “天命 (Tian ming)” An, Xtreme Gaming looked good in this campaign in the ACL. It seems that they are finally reaping the benefits of this roster shift after they lost their ESL One Raleigh 2025 slot. This win comes off as a promising groove setter for the team now more than ever, especially with the TI 2025 Regional Qualifiers also coming in hot. The stakes are higher than ever, and it seems that there’s more to expect from Xtreme Gaming with their chances of being the first Asian team who could clinch the EWC title now more than ever. Massive Win to Remember Both Xtreme Gaming and Team Tidebound have been deemed to be the best teams in China over the years. It is definitely destiny that these two teams managed to meet up in the final of the Asian Champions League 2025 and gave fans a promising showdown to remember. Xtreme managed to knock out Tidebound in a 3-2 win in the Grand Finals, walking away with the $100,000 prize money. The ACL, organized by ESL Gaming, DreamHack, and Hero Esports, was held live at the National Exhibition and Convention Center in Shanghai. However, this tournament featured a different pace as it was held only on a single day – with four teams playing in a compact single-elimination format. As one of the strongest teams in China, it is a promising look to see Xtreme Gaming thrive on the big stage. What makes this win even more crucial is the fact that they managed to lock into a spot for the Esports World Cup – because Tidebound was recently named one of the eight directly invited teams to The International (TI) 2025. More Than Just a Win The victory puts Xtreme Gaming in a promising position to be one of the teams to go for a shot at the massive $3 million prize pool in the Esports World Cup. However, Xtreme Gaming's journey to the Esports World Cup is not without challenges. While their regional dominance is evident, their performance in international tournaments has been inconsistent. Notably, despite a strong showing in the Games of the Future 2024, where they clinched the championship by defeating LGD in the grand finals, they faced early elimination at The International 2024, falling to Team Spirit in a decisive 2-1 series. This fluctuation in performance highlights the unpredictable nature of the competitive Dota 2 landscape. This victory underscores their resilience and strategic depth, essential qualities for success on the international stage. The roster's recent changes, including the return of seasoned players like Ame, Xxs, and XinQ, alongside the appointment of veteran coach Xiao8, have revitalized the team's dynamics, bringing a blend of experience and synergy that could prove pivotal in high-stakes tournaments. Now more than ever, it seems that Xtreme Gaming is definitely in need of a chance to prove its worth on the big stage and send its presence to another level as well.

At the age of 26, Shai Gilgeous-Alexander is leading the renaissance era of the Oklahoma City Thunder – bringing the team to its first Western Conference Finals since 2016. Now, his efforts with the Thunder have been rewarded as he is now named the 2024-25 season MVP. If there was any doubt on him winning the award, that’s probably from the haters out there. From leading OKC to a franchise-high 68 games, leading the scoring with 32.7 points per game, it was clear right from the start that SGA has been really dominant this season and has found a way to prove his worth on the big stage. A lot of people often criticize him for his finesse in drawing contact and has even been labelled as a foul merchant – despite both finalists Giannis Antetokounmpo and Nikola Jokic being more foul-magnets as well. Over the years, we have seen how SGA has improved and jumped his stats from being a mere rookie to a playoff riser and now a premier face of the league now more than ever. Now that he’s the MVP, the fans can rest easy knowing that the best player in the league resides in Oklahoma after eight years. A New Dawn in OKC Kevin Durant was the first MVP for OKC when he won the award in 2014. Russell Westbrook followed suit in 2017, but nothing else was there after that. It was a long drought followed by stretches of non-success for the Thunder as they prepared for the rebuild that would actually pave the way for today’s OKC and the MVP rise of Gilgeous-Alexander. SGA managed to beat out two multi-time winners in both Antetokounmpo and Jokic. In seven years, it has been a promising story for Shai, who led the league this season in 20-point, 30-point, 40-point, and 50-point games. Efficiency has been his brand, and it cannot be denied that he even deserved to win the MVP at a unanimous level. "Thank you," SGA began, before immediately starting to cry as he spoke about his partner, Hailey Summers. "Sorry I'm so dramatic ... Thank you for everything you are for me, for our son Ares. You were the first person to show me what love really meant. What love really meant, what sacrifice really meant. And I can't wait to spend the rest of this journey called life with you. So thank you for everything." Gilgeous-Alexander is also the first Kentucky product to be named league MVP – and also the seventh straight international player to win the award. Lightning Then The Thunder Shai was drafted by the Charlotte Hornets before later being traded to the Los Angeles Clippers. He spent his rookie year with LAC and went to the playoffs – even pushing the juggernaut Golden State Warriors to six games in the first round of the NBA Playoffs. However, he was later packed in a massive deal that led to OKC bringing him in – along with a hefty number of first-round picks. This would eventually put SGA as the centerpiece of the Thunder, and it cannot be denied that there were a lot of expectations as to how he would be going for a massive improvement in his games. Indeed, he would emerge as a star, and he would spark the new future that OKC was trying to draw up at this point. So far, the MVP has been named, and all that’s left for him is to bring OKC back to the NBA Finals for the first time since 2012 – and win their first title since moving to Oklahoma.

In a partnership between Lacoste and the Novak Djokovic Foundation, a tennis court in Belgrade was inaugurated with the hopes of celebrating the legacy of one of the tennis elites. It is dedicated to further inspiring young players to pursue their tennis dreams while also providing charity work at the highest level in Djokovic’s hometown of Belgrade. Sitting at the heart of the native city, the court pays tribute to Djokovic’s career highlights and will be operated by the entire foundation as part of its educational program. The elite tennis star himself was present at the inauguration and spent time with local children on the tennis court. The special design of the court has the approval of Djokovic. This court by the foundation is one of the few steps they are taking in leading the way to combat educational inequality in the country. For what it is worth, Djokovic’s legacy in Serbia is showing up indeed to be a promising look at this point, and it is an inspiring one. A Court With Bigger Purpose The facility, located in the historic Dorćol district, had been temporarily closed following Djokovic’s decision to return the land to the city in May 2023. Now, under his personal stewardship, it has been revitalized to serve as a beacon of inspiration for aspiring athletes. The facility, now known as the Novak Djokovic Tennis Center, boasts state-of-the-art amenities, including multiple clay courts, a modern gymnasium, and dedicated spaces for physical therapy and sports science. These upgrades aim to provide young athletes with the tools they need to excel both physically and mentally. “I am super pleased that we are able to offer this to this city and this part of the town that has a lot of families and children that are excited to try their luck with tennis,” said Djokovic, who attended the event and rallied with local children on the court. “My greatest wish is for the children to feel completely free, happy, themselves. As an athlete, there is no greater joy for me than seeing many children doing sports and being outdoors.” Djokovic is already a legendary player in tennis, and he is definitely making a bigger legacy with his impact on his country. Working for Bigger Goals than the Sport The court is part of a broader initiative that includes similar projects in cities like Clichy, São Paulo, New York, and Grasse. These efforts reflect a shared commitment to expanding youth access to tennis and promoting physical activity among young people worldwide. The Novak Djokovic Foundation, co-founded by Djokovic and his wife Jelena, has been instrumental in supporting educational initiatives in Serbia, including the construction and refurbishment of schools. This new court further underscores their dedication to fostering community development and providing opportunities for the youth. “This center is not just about training; it’s about building a community,” Djokovic said about the tennis court. “A community that supports, encourages, and believes in each other.” With this initiative, Djokovic continues to leverage his platform to make a positive impact, combining his passion for tennis with a commitment to social responsibility. The Belgrade court stands as a testament to his enduring legacy and his dedication to nurturing the talents of future generations. Djokovic is slated to play straight in the Geneva Open and is likely headed towards bigger heights in the coming clay tournaments, especially the upcoming Roland Garros.

The 2025 NHL Western Conference Final is set to showcase a thrilling matchup between the Edmonton Oilers and the Dallas Stars, two powerhouse teams that have dominated the postseason with their high-octane offenses and resilient defenses. This series promises to be a spectacle, featuring some of the league's top talents and compelling narratives. The Oilers enter the conference final with a potent offensive lineup led by superstars Connor McDavid and Leon Draisaitl. McDavid has been a playmaking machine, while Draisaitl has been a consistent goal scorer. Supporting them is Zach Hyman, who has netted 11 goals in the playoffs, and defenseman Evan Bouchard, who leads all playoff defensemen with 20 points. Goaltender Stuart Skinner has been solid between the pipes, providing stability when needed. The Stars have demonstrated remarkable depth throughout the postseason. Miro Heiskanen leads the team in playoff points with five goals and eight assists. Goaltender Jake Oettinger has been exceptional, earning praise for his performances in the conference finals. The Stars' balanced attack, featuring veterans like Jamie Benn and emerging talents such as Wyatt Johnston, has made them a formidable opponent. The Path to the Conference Finals The Oilers' path to the conference final has been marked by resilience. They overcame the Los Angeles Kings in the first round with a four-game sweep, showcasing their offensive prowess. In the second round, they faced a tougher challenge against the Vegas Golden Knights. After a dramatic Game 3 loss, the Oilers bounced back to win the series in five games, with Kasperi Kapanen scoring the series-clinching goal in overtime. On the other hand, the Stars had a challenging road to the conference final. They defeated the Colorado Avalanche in a six-game series, with key contributions from players like Colin Blackwell. In the conference semis, they faced a tough opponent in the Winnipeg Jets. Despite the Jets' strong performance, the Stars managed to advance, with Oettinger's goaltending being a significant factor in their success. As the series unfolds, fans can expect intense competition and memorable moments. The winner will not only claim the Western Conference title but also gain momentum heading into the Stanley Cup Final. With both teams hungry for success, the 2025 Western Conference Final is shaping up to be one of the most exciting matchups in recent memory. Expectations and Key Showdowns This series is poised to be a high-scoring affair, with both teams capable of explosive performances. The Oilers' offensive firepower and the Stars' defensive depth create an intriguing contrast. Goaltending will be crucial, with both Skinner and Oettinger needing to make timely saves to keep their teams in contention. Ultimately, the team that can capitalize on special teams opportunities and maintain defensive discipline will have the upper hand. Some of the key rivalries for this series would be crucial as well. McDavid's speed and playmaking ability will test Oettinger's reflexes and composure. Oettinger's performance could be the X-factor in this series. Draisaitl's scoring touch against Heiskanen's defensive prowess will be a critical battle. Heiskanen's ability to neutralize Draisaitl could tilt the series in Dallas's favor. However, one thing that puts an interesting note in the clash would be the Oilers boast a league-leading power play, while the Stars have been effective on the penalty kill. Special teams play could prove decisive in close games. This is the eighth time that these two teams will collide in the postseason. The Stars have won five of these meetings, but the Oilers have won the Conference Final last season in six games, which is likely to be the same outcome for the upcoming games.

A proposed bill for online sports betting in Alaska, HB 145, has gotten its very first hearing with the House Labor and Commerce Committee. If it passes, it will effectively legalize sports betting in the state, serve as a revenue source, and even dissuade Alaskan users from accessing illegal sports betting, which is already happening, according to GeoComply. A proposed bill to legalize online sports betting in Alaska took its first step forward this week as the House Labor and Commerce Committee held a hearing on HB 145, introduced by Representative David Nelson. The legislation aims to bring regulated online sports wagering to the Final Frontier, a move supporters argue would curb illegal activity, generate tax revenue, and modernize Alaska's gambling laws. HB 145: a framework for legalized sports betting House Bill 145, introduced in March, outlines a framework for establishing a regulated online sports betting market in Alaska. Under the proposal, as many as 10 operators would be licensed to offer sports wagering to residents and visitors, with no requirement to be tied to existing land-based gaming operations. The bill sets a license fee of $100,000 per operator and proposes a 20% tax on adjusted gross sports betting revenues. This is a market that already exists in Alaska - we're just not benefiting from it, Rep. Nelson said during the hearing. "Alaska needs more diverse sources of revenue, and legalized sports betting is a simple solution," he added. Strong demand despite legal barriers Testimony from John Pappas, geolocation service GeoComply's senior advisor, provided striking data on Alaskans' interest in sports betting. Between the 1st of January, 2024, and the 1st of May, 2025, the geolocation service logged 126,933 attempts from within Alaska to access legal sportsbooks in other states. All attempts were blocked. Pappas also revealed that GeoComply detected 23,000 unique online sports betting accounts originating from Alaska, marking a 60% increase compared to the prior year. These numbers clearly demonstrate a substantial and growing consumer demand for legal sports betting in the state, Pappas said. Without a legal option, Alaskans are turning to illegal operators, exposing themselves to potential fraud and unregulated betting environments, he continued. Addressing the black market Rep. Nelson emphasized the risk posed by the continued use of illegal sports betting sites. He argued that legalization would not only protect consumers but also generate revenue for the state. Thousands of Alaskans are currently betting through illegal operators. By legalizing the market, we can ensure safer betting environments and collect taxes that help fund public services, Nelson said. The bill also includes provisions designed to protect both residents and visitors. Licensed operators would be permitted to accept bets from anyone physically located in Alaska, including seasonal workers and tourists, helping the state capture additional tax revenue from non-resident bettors. Key provisions of HB 145 If passed, HB 145 would establish the following regulatory parameters: Limit of 10 online sports betting licenses Applicants must operate in at least three other US states $100,000 license fee per operator 20% tax on adjusted gross sports betting revenue Minimum betting age set at 21 Permits betting on college sports and the Olympics Credit card deposits allowed Daily fantasy sports remain unregulated Licenses would be awarded by the Alaska Department of Revenue based on applicants' projected gross revenues, operational experience, and anticipated tax contributions. No vote yet, but momentum builds Although no votes were taken during the committee hearing, HB 145 received a generally favorable reception, with lawmakers expressing interest in further examining the potential benefits and regulatory challenges of legalized online sports betting. The bill marks a notable shift in Alaska's historically cautious approach to gambling. If it advances, Alaska would join the growing list of US states that have embraced online sports betting as a source of revenue and consumer protection. This is an opportunity to regulate something that is already happening and make it work for Alaska, Nelson concluded. The legislation now awaits further discussion and potential amendments before it can move to a vote.

As we all know, Robinhood has been in partnership with Kalshi for a while now. And this week, Robinhood has just launched moneyline sports betting for the NHL and the NBA, and users can now trade on which team will win in an NBA and NHL series game. Robinhood, the popular financial trading platform, is making a bold push into the world of sports betting. On Monday, the company began offering single-game moneyline betting markets for both the NHL and NBA playoff games, an expansion of its offerings through its ongoing partnership with prediction market platform Kalshi. This move comes after Robinhood previously dipped its toes into sports-related markets during the college basketball postseason, offering futures-style bets. However, this week's launch marks the company's most direct foray into moneyline-style trading for individual sporting events. NBA and NHL playoff games now available As part of the new initiative, Robinhood users can now trade contracts on the outcomes of key matchups in the NHL and NBA playoffs. Specifically, the platform has launched markets for: NBA: Minnesota Timberwolves vs. Oklahoma City Thunder and Indiana Pacers vs. New York Knicks. NHL: Florida Panthers vs. Carolina Hurricanes and Edmonton Oilers vs. Dallas Stars These contracts effectively allow users to speculate on which team will win each matchup, mirroring traditional moneyline sports bets found at major sportsbooks. However, they are framed in the language of event-based trading - essentially enabling participants to "invest" in sports outcomes the same way they might speculate on financial markets. Robinhood had previously experimented with college basketball markets, offering contracts on which teams would advance in the tournament. While technically classified as futures, these bets functioned much like moneylines. The latest development demonstrates a maturing of Robinhood's sports trading model, aligning it more closely with mainstream sports betting platforms. Kalshi's role and the future of sports markets Robinhood's sports betting markets are powered by Kalshi, a federally regulated prediction market platform known for offering event-based contracts. But while Kalshi already provides a range of single-game markets - particularly for baseball - these have not yet been integrated into Robinhood's platform. Interestingly, baseball betting has yet to gain traction among Kalshi users. Trading volume for Major League Baseball games has been relatively low compared to other sports, such as football and basketball. As a result, Robinhood may be prioritizing higher-interest markets for now. Nevertheless, Robinhood's involvement tends to generate a noticeable bump in trading activity. Whenever the platform has featured Kalshi's sports markets in the past, volumes have increased significantly, demonstrating Robinhood's potential to drive growth in event-based trading. Kalshi rolls out NFL win totals markets In a separate but related development, Kalshi has launched new markets tied to the NFL's 2025 regular season. With the league's official schedule now released, users can trade on team win totals for the upcoming season. These markets allow users to take positions on whether a given team will exceed or fall short of a specified number of wins. For example, sportsbooks like DraftKings typically list a line such as "Philadelphia Eagles - Over/Under 10.5 Wins." Kalshi' version enables a similar trading experience, though structured through event contracts rather than traditional sports betting mechanisms. Industry experts suggest that this model - trading on over/under win totals - may be more appealing to users than attempting to predict exact win totals, which tend to involve more complexity and less liquidity. Financial trading meets sports speculation Robinhood's latest move reinforces a growing trend of a conjunction between financial trading and sports betting. By offering markets that resemble moneyline bets within a regulatory framework that is typically reserved for financial products, the company is blurring the lines between investing and wagering. For Robinhood, the strategy represents an opportunity to attract a younger, more engaged audience while diversifying its core offerings. For Kalshi, the partnership opens the door to broader market participation and increased liquidity for its sports-related contracts.

Philadelphia Phillies closer José Alvarado has been suspended for 80 games without pay by the MLB after testing positive for exogenous testosterone, a banned performance-enhancing substance under the league's Joint Drug Prevention and Treatment Program. The suspension, announced on May 18, 2025, takes immediate effect and renders Alvarado ineligible for the remainder of the regular season and any potential postseason play. At the age of 29, Alvarado has made himself one of the best players on the bullpen for the Phillies this season. He is posting a 2.70 ERA, 1.20 WHIP, and 25 strikeouts over 20 innings pitched. He leads the team with seven saves and five holds, contributing significantly to the Phillies' 27-18 record as of the suspension announcement. The timing of the suspension is particularly damaging, as the team is contending for the National League East title and a playoff berth. This is definitely a bad news for a team that has strong World Series aspirations and may well be hurting their chances now more than ever. A Tough Break The Phillies expressed disappointment over Alvarado's violation but reaffirmed their commitment to MLB's drug policy. In a statement, the team emphasized the importance of maintaining the integrity of the game and supporting the league's efforts to eliminate performance-enhancing substances. “It’s disappointing for sure,” Phillies president of baseball operations Dave Dombrowski said Sunday morning at Citizens Bank Park. “There’s no question about that. We’ve had other issues come up at various times. I end up treating it like an injury because you need to replace somebody for 80 games and then hopefully into the postseason.” With Alvarado sidelined, the Phillies face increased pressure on an already underperforming bullpen. Relievers such as Jordan Romano and Orion Kerkering have yet to meet expectations, and the team may need to explore trade opportunities to bolster their relief corps. However, with many teams in contention for playoff spots, acquiring quality bullpen help may prove challenging. Under MLB's drug policy, a first positive test for a banned substance results in an 80-game suspension without pay. A second offense leads to a 162-game suspension, and a third offense results in a lifetime ban from the league. Players are not eligible for postseason play during their suspension, regardless of when it concludes. Alvarado has the right to appeal the suspension, but unless the appeal is successful, the penalty will stand. If upheld, the suspension will serve as a significant setback in his career and the Phillies' season. Losing Alvarado Alvarado is in the final year of a three-year, $21.5 million contract extension signed in February 2023, which includes a $9 million club option for the 2026 season. The suspension raises questions about his future with the team, as the Phillies will need to assess the impact of the violation on his performance and reputation. José Alvarado's suspension marks a significant development in the 2025 MLB season, highlighting the ongoing challenges teams face in maintaining compliance with league policies. This is, after all, not the first time that a player has been suspended for drug use as well. For the Phillies, the loss of their top reliever presents both a tactical and emotional hurdle as they navigate the remainder of the season without one of their most reliable pitchers. The team's response and any subsequent roster moves will be closely scrutinized as they aim to remain competitive in the National League East.

In a significant move that underscores the San Francisco 49ers' commitment to their future, quarterback Brock Purdy has agreed to a five-year, $265 million contract extension, with $181 million guaranteed. This deal positions Purdy among the NFL's elite quarterbacks and secures his place as the centerpiece of the 49ers' offense through the 2030 season. Purdy's journey to this point is nothing short of remarkable. Drafted as the final pick in the 2022 NFL Draft, earning the moniker "Mr. Irrelevant," Purdy quickly proved his worth. After injuries sidelined starting quarterbacks Trey Lance and Jimmy Garoppolo, Purdy stepped in and led the team to a 5-0 record to close the regular season. In his second season, Purdy continued to impress, leading the 49ers to a Super Bowl appearance and earning a Pro Bowl selection. Despite a challenging 2024 season where the team finished 6-11 due to injuries, Purdy maintained solid individual performance, throwing for 3,864 yards and 20 touchdowns. The Purdy Deal Purdy's new contract makes him the highest-paid player in 49ers history and places him among the top quarterbacks in the league. With an average annual value of $53 million, the deal includes $165.05 million allocated to the first three years and $215 million over the initial four years. This structure provides the team with salary cap flexibility while ensuring Purdy's financial security. General Manager John Lynch had previously expressed confidence in reaching a deal with Purdy, and the extension reflects the organization's long-term vision. Purdy's commitment to the team was evident as he participated in offseason workouts before finalizing the contract, setting a positive tone for the upcoming season. With Purdy secured, the 49ers can focus on building a competitive roster around their young quarterback. The team has already extended tight end George Kittle and is expected to address linebacker Fred Warner's contract next. Head coach Kyle Shanahan emphasized the importance of creating roster competition, especially with various positions open and rookies expected to contribute. Purdy, Kittle, and Warner are seen as culture-setters, vital to establishing a high-energy, focused environment as the 49ers prepare for the upcoming season. A Renewed Hope for Purdy and the Niners Brock Purdy's 2024 season with the San Francisco 49ers was marked by resilience and adaptability amid a challenging year for the team. Despite the 49ers finishing with a 6–11 record – their first losing season since 2020 – Purdy's individual performance remained a bright spot. Over 15 games, Purdy threw for 3,864 yards, 20 touchdowns, and 12 interceptions, achieving a passer rating of 96.1. While these statistics represented a decline from his impressive 2023 season, they still reflected a solid performance under difficult circumstances. Notably, Purdy demonstrated increased mobility, rushing for 323 yards and leading the team with five rushing touchdowns – his most successful season on the ground to date. Throughout the 2024 season, the 49ers faced significant injuries to key offensive players, including running back Christian McCaffrey, wide receiver Brandon Aiyuk, and offensive tackle Trent Williams. These setbacks impacted the team's offensive consistency and overall performance. Despite these challenges, Purdy showcased his ability to adapt and lead. As the 2025 season approaches, all eyes will be on Purdy to see if he can lead the 49ers back to championship contention. With a strong supporting cast and a renewed sense of stability at the quarterback position, the team is poised to make a deep playoff run.

Casinos in Atlantic City are feeling the pressure once again, as the latest report from the New Jersey Division of Gaming Enforcement has revealed that onsite casino gaming revenue has gone down this April. Physical casino revenue has continued its decline, showing a 2.7% decrease from April of last year, and this amounted to a loss of nearly $6 million. Meanwhile, iGaming revenue continues to grow by leaps and bounds. Atlantic City's nine casinos continue to face headwinds, with the latest revenue figures from April 2025 showing a nearly 3% decline in brick-and-mortar gaming performance compared to the same month last year. As the traditional casino industry in New Jersey grapples with reduced in-person activity and dwindling sports betting revenue, the steady rise of online gaming provides a rare bright spot. In-person casino revenue drops yet again According to data released Friday by the New Jersey Division of Gaming Enforcement, gross gaming revenue from Atlantic City's physical casinos totaled $211 million in April, down 2.7% year-over-year. This equates to a loss of approximately $5.9 million from April of 2024. The drop was driven largely by a sharp decline in table game earnings. Dealers retained just under $48.8 million from players' wagers - a drop of $9.3 million or nearly 16%. Slot machines fared better, with revenue increasing 2.1% to $162.2 million, but not enough to offset the broader decline. So far in 2025, retail casino revenue has lagged behind 2024’s pace. From January through April, Atlantic City's casinos have collectively earned 2% less than during the same period last year, translating to $17.5 million less in revenue from in-person gambling. Sportsbooks see fewer bets, lower profits Atlantic City's brick-and-mortar casinos aren't alone in their struggles. Sports betting revenue in New Jersey is also on the decline. From January to April 2025, total sports wagers amounted to $4.2 billion - a billion dollars less than the $5.2 billion bet during the same timeframe in 2024. Oddsmakers won a total of $90.5 million in April, a 15% decrease compared to April 2024, when they earned $106.2 million. So far this year, sportsbooks' total revenue stands at $357.6 million, down 18% - or $76.6 million - compared to this point last year. Analysts suggest several potential reasons for the decline: increased competition from offshore operators offering better odds, economic constraints curbing discretionary spending, and possibly the success of responsible gaming initiatives encouraging more cautious betting behavior. Online casinos continue to thrive While Atlantic City's casinos and sportsbooks stumble, New Jersey's iGaming sector remains a powerhouse. In April alone, online casino platforms raked in $235.2 million, up 25% from the previous year - a gain of $47.2 million. Year to date, the iGaming sector has generated more than $908.4 million in revenue, representing a 21% increase over 2024. The bulk of that growth has come from online table games, slots, and poker, demonstrating the increasing shift in consumer preference toward digital gambling platforms. All eyes on summer recovery Industry stakeholders are now pinning their hopes on the summer season, traditionally Atlantic City's busiest time of year. With thousands of visitors expected to descend on the coastal resort from Philadelphia, New York, and North Jersey, casinos are hopeful for a revenue rebound. Beach restoration projects along the northern end of the Boardwalk have improved public spaces, and local officials believe this could enhance the city's appeal. James Plousis, chair of the New Jersey Casino Control Commission, praised the city's hospitality workforce and expressed optimism for the months ahead. "Tourists who visit Atlantic City receive first-class service from dedicated workers in the casino hotels," said Plousis. The enthusiasm shown at the Casino Reinvestment Development Authority's 'Host Awards' foreshadows a promising summer season, he added. Competitive pressures loom Looking further ahead, Atlantic City may face even stiffer competition. New York is expected to announce the locations of three new big-time casinos in the near future. With full-scale gaming - including slots, table games, and sports betting - these venues could divert traffic from Atlantic City as they draw patrons from densely populated regions closer to home. With that in mind, the next few summers may prove pivotal for Atlantic City’s long-term viability. Casinos must not only capitalize on seasonal tourism but also refine their value propositions to retain regional gamblers as new options emerge.