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Industry
March 19, 2025
Prediction Markets’ Future Analyzed by Bank of America Analyst
The rise of popularity in prediction markets was fueled by the recent Presidential elections in the United States. The offering of futures contracts gained significant speed ahead of the elections and in light of Kalshi’s legal case success against the Commodities Futures Trading Commission (CFTC), the federal regulator in charge of prediction markets. Futures Trading […]
Industry
March 18, 2025
New Zealand Minister Rejected TAB’s $85M iGaming Bid
The TAB, the mainstay name in New Zealand betting, had put forward NZD 150 million ($87.3 million) for an online license. However, the company’s ambitions were quashed by Internal Affairs Minister Brooke van Velden who said that this wouldn’t happen on her watch. New Zealand Seeks to Regulate Gaming The New Zealand government is currently […]
Industry
March 18, 2025
EU Court Ruling Could Derail Lithuania’s Strict Gambling Regulations
Lithuania’s aggressive push to tighten online gambling regulations has suffered a surprise setback following a ruling by the Court of Justice of the European Union (CJEU) that declared key amendments to the nation’s gambling law to be non-enforceable due to procedural failures. This apparent oversight by Lithuanian legislators could significantly affect the nation’s efforts to […]
Industry
March 18, 2025
Underdog Exits New York amid Regulatory Scrutiny
Daily Fantasy Sports (DFS) operator Underdog Fantasy has agreed to a $17.5 million settlement with the New York State Gaming Commission (NYSGC). The operator will withdraw its drafts and pick’em games from the state market after contending with allegations of unlawful operations. Despite this setback, the company plans to return to the Empire State and […]
Industry
March 18, 2025
State Rep. Gonzales: “Illinois Is Gambling With Its Financial Future”
Last month, Illinois lawmakers made a new attempt to give the green light to online gambling as a means of further growing the market following the legalization of sports betting five years ago. Then, State Representative Edgar Gonzalez and Senator Cristina Castro submitted House Bill 3080 and Senate Bill 1963, hoping to allow licensees to […]
Industry
March 18, 2025
Proposed Bill to Reintroduce Daily Room Cleaning in Las Vegas
If it passes, Senate Bill 360 will reinstate a previous law for daily room cleaning in Las Vegas hotels, and also mandate room inspections “not less than every second consecutive day during a guest’s occupancy.” Senate Bill 360 Aims to Reinstate Daily Hotel Room Cleaning in Las Vegas Senate Bill 360 (SB360), nicknamed “the Hotel […]
Industry
March 18, 2025
Man Dies From Gunshot Wounds Following Nugget Casino Incident
The police have opened an investigation into a shooting incident that took place at the Nugget Casino Resort in Reno-Sparks, Nevada, over the weekend. The incident resulted in a man succumbing to his gunshot wounds. According to initial police reports, the deadly incident, which marks the first homicide in Washoe County’s city in the current […]
Industry
March 18, 2025
Family Fights to Bring Back Bicycle Casino Wrongful Death Case
Relatives of a man who passed away after he was restrained at a California casino are still seeking justice, despite several years since their son’s passing. That’s the case of a Korean American called Jonathan Jung, who passed away at the Bicycle Casino after he was restrained by casino security guards. Several Security Guards Tackled […]
Industry
March 17, 2025
Connecticut Cracks Down on High5Games for Illegal Gambling
The Connecticut Department of Consumer Protection’s (DCP) Gaming Division has suspended the license of High5Games, a licensed online gaming service provider, following an investigation that revealed the company was running an unlicensed online platform, High5Casino. Authorities are considering legal action since the operation reportedly affected hundreds of consumers. Customers Lost Almost a Million High5Games, known […]
Industry
March 17, 2025
Italy’s Gambling Regulator Unveils Ambitious 2025–2027 Reform Plan
Italy’s Customs and Monopolies Agency (ADM) has unveiled its ambitious Activity and Organisation Plan (PIAO) for 2025-2027 that seeks to modernize, regulate, and bring greater transparency to the nation’s gambling sector. The strategy has special provisions in Italy’s 2025 Budget and aims to establish new compliance measures, introduce technological advancements, and strengthen anti-money laundering (AML) […]
