The world’s largest online betting group, Flutter Entertainment, plans to fight a Kentucky Supreme Court ruling imposing more than $870 million in damages from an old lawsuit against one of the company’s newly-acquired subsidiaries. Shares in Flutter, which also owns the U.S. sports betting group FanDuel, slid more than 3% in London trading on Friday, as the market reacted carefully to a court decision that the company said came as a surprise. Read more here  

In May, a few months into the pandemic, the online gaming industry was seeing record highs in terms of overall revenue. As coronavirus cases have risen even higher since then, so have online casinos’ revenues. New Jersey hit a monthly record of $93.5 million in October revenue from online poker and online casinos, up 106.7% from October 2019. Pennsylvania saw its online casinos and poker rooms generate a record $59.8 million in gross operator revenue for October, a record for...