Gambling Industry News

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 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

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 […]

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 […]

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

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 […]

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

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 […]

Connecticut Bill Banning Sweeps And Lottery Couriers Advances

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 […]

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

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 […]

Betting & Gambling Jobs

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 […]

Gambling Business News

South Korean Police Vow To Crack Down On Illegal Texas Hold ‘Em Casino Venues

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 […]

Sportsbetting News

Pimlico Reports $100k Preakness Weekend Trainer Bonus Will Continue, But Kentucky Derby Winner To Miss ‘Run for the Black-Eyed Susans’

Fresh from winning the 151st Kentucky Derby at a mud-splattered Churchill Downs, the news came out that the winner Sovereignty WON’T take his chance in the Preakness Stakes – meaning US horse racing fans will not witness a Triple Crown winner in 2025. However, the better news that filtered out of the Maryland track was […]

Gambling Industry News

Fred Meyer Employee Stole Over $60k To Fund Gambling Habit

A former Fred Meyer employee pleaded guilty to stealing $60,000 from the company to fund her gambling habit. Oregon City woman Rainbow Melodi Stammet, 43, was convicted on two counts of theft in Clackamas County on Tuesday. Local news outlets reported that Stammet had been working for the retailer for two years when loss prevention […]

Gambling Industry News

Texas Senator Says State Must Abolish “Illegal Organized Crime Lottery”

Texas Sen. Bob Hall laid out his case for abolishing the Texas Lottery altogether in a committee hearing on Monday, calling it an “illegal organized crime” operation. Hall is the author of SB1988, which proposes abolishing the state lottery and shutting down the Texas Lottery Commission (TLC) by January 1st, 2026. Speaking to the Senate […]

Gambling Industry News

Ohio Lawmakers Making Plans To Legalize Online Casinos

Rep. Brian Stewart has confirmed that he is working on a proposal to legalize online casinos in Ohio. The legislation could allow legal online poker and other casino games in the Buckeye State. Stewart is seeking new sources for tax revenue after plans to raise existing gambling taxes were removed from Gov. Mike DeWine’s budget. […]

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