Gambling Industry News

Massachusetts Regulator Says US Gambling Industry Is A “Highway Without Speed Limits”

Massachusetts Regulator Says US Gambling Industry Is A “Highway Without Speed Limits”

Jordan Maynard, chair of the Massachusetts Gaming Commission (MGC), has commented that the gambling industry is out of control and calls for more nationwide regulations to ensure safer betting.

Louisiana Sports Betting Tax Hike Approved By Senate

The Louisiana Senate approved a bill to increase sports betting tax in the state on Sunday. This followed the bill being approved in the House last month.

Brazil Government Considers Raising Sports Betting Tax

Brazil's government has suggested raising the tax on online betting companies in the country, but faces strong opposition from operators.

Hong Kong Government To Introduce Basketball Betting With Strict Tax & Safeguards

The Hong Kong government is set to introduce basketball betting featuring a strict tax and safeguards. The country is moving forward with plans to legalize wagering on basketball after a legislative proposal was submitted to the council on June 5. The brand new initiative aims to combat illegal gambling and generate significant tax revenue for […]

UK Gambling Commission Approve Acquisition Of Mayfair Casino To Wynn Resorts

UK Gambling Commission Approve Acquisition Of Mayfair Casino To Wynn Resorts

Wynn Resorts have completed their purchase of the Wynn Mayfair casino – a private members’ gaming club in London that has had many celebrity guests on their books over the years. Crown Resorts Sell Mayfair Casino To Wynn Resorts, After UK Gambling Commission Agree Deal The famous private members’ club in London’s West End – […]

Jay-Z $1 Million Bet Still Live As Oklahoma Win Game 2 Of NBA Finals

Jay-Z $1 Million Bet Still Live As Oklahoma Win Game 2 Of NBA Finals

Jay Z reportedly placed a $1 million bet on the Oklahoma City Thunder to beat the Indiana Pacers 4-1 in the NBA Finals. Oklahoma won Game 2 on Sunday to keep the bet alive.

New York Sports Betting Revenue Reaches Record $249M In May

New York Sports Betting Revenue Reaches Record $249M In May

Sportsbooks in New York posted record numbers in May of $249.3 million in revenue, surpassing the previous record of $248 million from January this year.

bet365 joins Sports Betting Alliance, Expanding Presence In US

bet365 joins Sports Betting Alliance, Expanding Presence In US

bet365 has become the newest member of the Sports Betting Alliance (SBA), a lobby group for the leading US sportsbooks.

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Gambling Industry News

Prediction Markets Site Polymarket Partners With X

Polymarket, self-described as the world's largest prediction market, has announced a partnership with Elon Musk's X.

Gambling Industry News

WSOP Could Feature Over 10,000 Players For Third Year Running

The World Series of Poker (WSOP) is underway and could feature a record number of players in the main event, which kicks off next month.

New York Bill Aims To Cover Problem Gambling Treatment With Insurance

Sen. Joseph Addabbo introduced a companion bill in the New York Senate on Wednesday that would force insurers to cover the cost of diagnosing and treating problem gambling.

Gambling Industry News

MLB Players Suspended Over Gambling Return To Baseball After A Year Out

Major League Baseball (MLB) has reinstated four players who served a one-year suspension for betting on baseball games. Andrew Saalfrank (Arizona Diamondbacks), Michael Kelly (Oakland Athletics), Jay Groome (San Diego Padres), and José Rodríguez (Philadelphia Phillies) were all served with the suspensions in June last year and are now eligible to play again.

Gambling Industry News

Kalshi Secures Another Court Win In Nevada, As Crypto.com Also Sues

Kalshi secured another victory in federal court in Nevada over its sports prediction markets, as a judge dismissed Nevada's motion to dismiss its lawsuit. Following Kalshi's lead, Crypto.com also filed a lawsuit against the Nevada Gaming Control Board (NGCB) in response to a cease-and-desist letter sent to the company.

Florida Sheriff Arrested In Illegal Gambling Investigation

Osceola County Sheriff Marcos R. Lopez has been arrested for facilitating an illegal gambling operation in Florida.

Mid Stakes Cash Game World Championship by CoinPoker

Following the success of its High Stakes edition in Dec – Jan, CoinPoker has now launched a new Mid Stakes Cash Game World Championship. The rake-free cash game showdown is running now until June 28, a unique event that invites players to take on the best online poker site players – the elite at mid […]

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