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She highlighted other possible issues: How could the commission ensure players get any money left in their accounts returned? What would happen if an operator is shut down before the outcome of a bet it accepted is known? Should companies be required to put up a bond to ensure they can pay out all wagers if they don't secure a final license?

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Liquidity has been an issue for Bally¡¯s: in its Q3 2022 earnings statement, the company reported $3.4B in debt and only $165M in cash on hand. The transaction with Oak Street is the third sale-leaseback deal for Bally¡¯s this year.



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Gambling, for the most part, is illegal in India. The topic is routinely brought up for debate, and the results are polarizing. The country tries to create separation between games of skill and games of chance but doesn¡¯t always get the definitions correct.
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