Pandoras Treasure

How to play Pandoras Treasure

A Chicago suburb city mayor says he will return $2,000 in campaign contributions connected to a local restaurateur who has been indicted in a federal gambling case in Indiana.

Mayor Gary Grasso confirmed the donations from Filippo “Gigi” Rovito after local outlet Patch contacted him to ask about contributions from two Burr Ridge businesses owned by Rovito, Capri Ristorante and the Are We Live nightclub. 

The mayor said he was not aware of the contributions before the publication actually got in touch with him.

What is Pandoras Treasure?

Kevin O’Neal, a DOCV board member, argued the scale of the investigation calls the GGL’s broader black market estimates into question. He cited the regulator’s 2025 activity report, which put the 2024 share at 23% (€547 million in gross gaming revenue), against Nielsen data suggesting a share of around 56%.

The trade body has long been critical over the discrepancy between channelisation estimates made by the regulator, and other independent reviewers.

The DOCV reinforced its calls for a unified federal licensing regime for online casino games and stronger enforcement mechanisms against illegal operators. 

How to play Pandoras Treasure

“Of course there’s already a filing for daily leveraged futures baseball ETFs — which are basically the equivalent of a corked bat with eight holes drilled in the handle that’s been dipped in pine tar,” wrote Ben Johnson, head of client solutions at Morningstar, on X.

As of yet, the Securities and Exchange Commission (SEC) hasn’t approved the aforementioned NHL futures ETFs.

For the right audience, likely professional traders and sophisticated retail investors, the CME futures on FutureSports indexes could amount to “Goldilocks” offerings because the derivatives aren’t standard sports bets nor are they carbon copies of the event contracts traded on prediction markets.