Gambling Business News

South Korean police have vowed to crack down on illegal Texas Hold ’em casino venues that are pocketing millions of dollars in profit. National outlet Newsis reported police will ‘intensively’ crack down on illegal gambling activities taking place at Hold ’em bars across the country for the next four months. These bars charge a fee […]

Massachusetts Senator John Keenan (Norfolk/Plymouth-D) is the primary author of the Bettor Health Act, a bill that would impose new limits on online sports betting and ban such operators from running advertisements during televised events. Two other state Democratic lawmakers support the measure. According to The Boston Globe’s Chris Serres, while at a forum Wednesday […]

 On March 27, 2025, the New Jersey Division of Gaming Enforcement (NJDGE) issued cease-and-desist letters to Kalshi and Robinhood, alleging unauthorized sports wagering activities within the state. This action raises questions about the distinction between regulated trading platforms and illegal sports betting operations. Breaking news: New Jersey sends cease and desist letters to Kalshi, Robinhood. […]

OpenBet has completed a management buyout (MBO) from Endeavor Group Holdings. The deal gives OpenBet full independence under CEO Jordan Levin and other senior leaders. The sale was finalized for approximately $450 million on March 24, 2025. What is OpenBet? OpenBet provides sportsbook technology and services to operators like DraftKings, FanDuel, and William Hill. Its […]