Gambling Industry News

New Jersey Bill Against Sweepstakes Takes Step Forward

New Jersey Bill Against Sweepstakes Takes Step Forward

A bill in New Jersey that proposes banning online sweepstakes casinos advanced in the Assembly on Thursday after two months of inactivity. The Assembly’s Tourism, Gaming, and the Arts Committee voted unanimously in favor of bill A5447. Assemblymen Clinton Calabrese and Sterley Stanley introduced the bill in March, aiming to stop the spread of sweepstakes […]

Taliban Bans Chess Over Gambling Fears

Taliban leaders in Afghanistan have banned chess in the country over concerns the game is a source of gambling. Under the government’s morality law, all forms of gambling are illegal and chess is the latest pastime to come under scrutiny. Sports directorate spokesperson Atal Mashwani announced that, “Chess in sharia (Islamic law) is considered a means […]

Stake Dealt Significant Blow By IPL Cricket Suspension Amid India-Pakistan Conflict

Stake has been dealt a significant blow following the suspension of Indian Premier League cricket amid ongoing conflict between India and Pakistan. The league has been suspended – initially for a week – due to security concerns as tensions continue to rise between the two countries. The news comes as a substantial hit to online […]

Bank of Ireland Initiate Voluntary Debit Card Block on Gambling Sites

It’s been announced this week the Bank Of Ireland now have the ability to block debit cards for anyone looking to stop wagering with gambling sites – in a bid to help problem betting. Bank Of Ireland To Help Their Gambling Customers With Voluntary Debit Card Blocks Anyone using the Bank Of Ireland to bet […]

Gambling Billionaire Escalante In Expletive Laden Rant To Investors

Gambling Billionaire Escalante In Expletive Laden Rant To Investors

Perth-based gambling billionaire Laurence Escalante gave an expletive-laden rant to investors, telling them to sell their shares in his gaming business Virtual Gaming Worlds (VGW) if they don’t trust him. The rant came on Telegram where Escalante faced questions about the transparency of the company’s financial reporting. Last year, VGW moved to annual reporting of […]

Flutter And PENN Entertainment Consider Launching Prediction Markets

Flutter And PENN Entertainment Consider Launching Prediction Markets

The CEOs of Flutter and PENN Entertainment confirmed that the companies are considering launching prediction markets in the US market. Flutter CEO Peter Jackson commented on the topic during the company’s Q1 earnings call, where reported revenue was lower than expected, and prediction markets could be a way to increase company profits in the future. […]

Alberta Passes iGaming Act To Expand Legal Betting Industry

Alberta Passes iGaming Act To Expand Legal Betting Industry

Alberta lawmakers passed the iGaming Act on its third reading with no amendments on Wednesday. The bill proposes to expand Alberta’s legal betting industry, which currently is limited to one sports betting app, PlayAlberta. Service Alberta Minister Dave Nally’s Bill 48 now just needs the seal of approval of Lieutenant Governor Salma Lakhani to become legal. […]

Oklahoma Sports Betting Bills Fail To Make It Out Of Senate

Oklahoma Sports Betting Bills Fail To Make It Out Of Senate

Two bills that proposed to legalize sports betting in Oklahoma failed to gather enough votes to make it out of the Senate on Thursday. Both bills fell short by just one vote from progressing. House Bill 1047 would have required Gov. Kevin Stitt’s signature to be activated, but Stitt had already commented that he intended […]

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Gambling Industry News

British Gambling Market Reports 7% Growth In Q1 2025

The UK Gambling Commission have reported a 7% growth in the British betting and gaming space through the first quarter of 2025. British Gambling Market On The Rise With 7% Growth In Q1 2025 Data for January-March – which covers 80% of licensed operators in the United Kingdom – showed a 7% increase in online […]

Gambling Industry News

Spain Gambling Regulator Issued Over €142 Million Fines To Unlicensed Operators In 2024

The General Directorate for the Regulation of Gambling (DGOJ) has announced that it imposed sanctions totaling more than €140 million (€142,721,000) on online betting and gambling operators in Spain during 2024. In the second half of the year, fines totaling €77 million were issued to 26 operators. Of these, 14 were foreign operators penalized for operating […]

Gambling Business News

Department Store Debenhams In Two-Year Partnership With UK Jockey Club Racecourses

Horse racing and fashion go hand-in-hand – with iconic annual meetings like Royal Ascot and Glorious Goodwood famed for racegoers making more of an effort to dress up – which is why top UK high street brand Debenhams and their latest venture with the UK Jockey Club racecourses looks a match made in heaven. Jockey […]

Gambling Industry News

Connecticut Bill Banning Sweeps And Lottery Couriers Advances

A bill in Connecticut that proposes a ban on sweepstakes casinos and lottery couriers will go before the full Senate for consideration. Senate Bill 1235 cleared the Legislative Commissioner’s Office on Monday, after being introduced in February this year. It was unanimously approved 22-0 in the General Law Committe in March before a 37-0 vote in […]

Gambling Industry News

Flutter Report Lower Than Expected Q1 Earnings Following Customer-Friendly March Madness

Flutter CEO Peter Jackson reported that customer-friendly results in March Madness put a dent in the company’s earnings in the first quarter of the year. The gambling giant reported Q1 revenue of $3.67 billion, lower than Wall Street expectations of $3.84 billion. This led to earnings of $283 million for the company in the first […]

Gambling Industry News

Steph Curry Injury Leads To Fanatics Sportsbook Refunding $500k In Bets

Steph Curry’s injury against the Timberwolves led to Fanatics Sportsbook refunding $500,000 in player prop bets involving the Golden State Warrior. Under the bookmaker’s “Fair Play Policy,” if players exit the game in the first half, all player bets are refunded in cash, and parlay legs involving the injured player are voided. The offer previously […]

US Online Casino Revenue Hits Record $900 Million In March Across Seven Regulated States

Online casino revenue in the United States broke the $900 million barrier in March, setting a new record across seven regulated states in the country. Pennsylvania Posts Record $291.6 Million Online Casino Revenue In March Pennsylvania was the most successful location, where real money online casino operators raked in $291.6 million compared to $230.6 million […]

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