Louisiana House Approves Reduced Sports Betting Tax Hike
The Louisiana House of Representatives approved a bill that will increase sports betting tax on Tuesday, but at a reduced rate from the original proposal.
Gambling Industry News
Brazilian Judge Sides With BetNacional In Lawsuit Over Underage Betting
A judge in Brazil has denied a request for the suspension of BetNacional and its parent company, NSX operations, in a $88.3 million lawsuit.
Arizona Latest State To Issue Kalshi Cease-And-Desist Letter
Arizona has issued a cease-and-desist letter to prediction markets operator Kalshi, joining the six states that took the same action last month.
CFTC To Hold Call WIth Tribal Leaders Over Prediction Markets Next Week
The Commodity Futures Trading Commission (CFTC) has scheduled a conference call for May 29 with tribal betting leaders to discuss the state of sports prediction markets.
Better Collective Revenue Drops 13% With Strugges In Brazil And The US
Better Collective reported a year-on-year revenue decline of 13% in Q1, falling to €83m ($93m). EBITDA also dropped, down to €22m, which marked a 24% decline from Q1 2024.
Unibet Fined $1 Million For Australian Gambling Law Breaches
Unibet has been fined AU$1 million for over 100,000 breaches of the Interactive Gambling Act 2001. An investigation by the Australian Communications and Media Authority (ACMA) found more than 100,000 violations of the country’s gambling rules. Unibet Failed To Close 954 Accounts Which Had Registered With BetStop Unibet paid a AU$1,014,120 penalty in total for […]
GBGB Issue Judicial Review Claim Over Decision To Ban Greyhound Racing In Wales
The Greyhound Board Of Great Britain have issued a claim for a judicial review over the Welsh Ministers decision to ban greyhound race back in February 2025. A Petition Of Over 35,000 Signatures Helped Get Greyhound Racing Banned In Wales Back in February 2025, it was decided by Welsh Ministers that greyhound racing was to […]
Maryland Signs Sports Betting Tax Hike Into Law
Maryland's Governor has signed off on a bill that will raise the sports betting tax in the state from July this year.
Casino News
New Ohio Casino Bill Proposes Ban On Sweepstakes
A new bill was introduced in Ohio on May 20, proposing to both legalize online casinos and ban sweepstakes casinos.
Gambling Business News
Flutter Issues $2.8 billion In Debt Notes To Finance Snai Italia Acquisition
Flutter announced the issuance of $2.8 billion in senior secured notes, maturing in 2031, to finance its acquisition of Snaitech Italia. The gambling giant acquired the Italian sports betting company last month for €2.3 billion.
Gambling Industry News
Irish-Based Gaming Giant Flutter Outbid By IGT To Operate Italy’s Main Lottery License
Irish-based gaming superpower Flutter have been outbid by International Gaming Technology (IGT) to run one of the world’s most lucrative lottery licenses. IGT Lands €2.23 Billion Deal To Operate Italian Lotto Earlier this year, Flutter were considered favourites in the race to land the lottery license before IGT swooped in with an offer Italian regulators […]
Gambling Industry News
Hillary Clinton Gets Behind Alliance’s Northern Ireland Charity Lottery Bill
Hillary Clinton has shown her backing for a bill which is in favour of allowing bigger society lotteries to run in Northern Ireland – saying these could bring “vital new funding” into civil society. This private member’s bill has been issued by Alliance’s Sian Mulholland in Northern Ireland and is proposing to give the green […]
Gambling Industry News
Minnesota Sports Betting Efforts Fail, Again
Minnesota has again failed in efforts to legalize sports betting. The legislative session ended Monday with no progress on a proposal by lawmakers.
Gambling Business News
Kalshi Retracts Announcement Of Partnership With Elon Musk’s xAI
Prediction market platform Kalshi announced a partnership with Elon Musk's AI company, xAI, only to backtrack and retract the statement.
Casino News
VGW Leads New Sweepstakes Advocate Group, Social Gaming Leadership Alliance
VGW, the company behind Luckyland Casino, Chumba Casino, and Global Poker, has established a new sweepstakes casino advocate group, the Social Gaming Leadership Alliance (SGLA).