Industry News and Headlines
Industry
September 23, 2025
Charity Closes After Addicted Finance Officer Steals for Gambling
Gateshead Access Panel, a North East charity that supported disabled people and their carers with funding applications, training opportunities, and the management of carers’ wages and tax contributions, was forced to shut down after its finance officer repeatedly stole from its accounts to fuel a gambling addiction. He Siphoned Money to Gamble Newcastle Crown Court […]
Industry
September 22, 2025
Michigan Lottery Player Wins $500K, Powerball Fan Grabs $150K
Two Michigan players have won mouth-watering prizes from the lottery. One of them was an instant ticket buyer, while the other was a Powerball enthusiast aiming at the big money. One Zero, Then Another, and Another The Michigan Lottery reported that a 69-year-old Macomb County man won $500,000 from Spectacular Wild Time, one of the […]
Industry
September 22, 2025
Two Charged in $290K Fraud Scheme Targeting OLG Betting in Ontario
The Ontario Provincial Police (OPP) and Enforcement Bureau (IEB) have charged Joshua Silver, aged 36, and Montgomery McMahon, 45, in Northern Ontario following an investigation into suspicious Proline sports betting activity linked to the Ontario Lottery and Gaming Corporation (OLG). Ontario Provincial Police Uncover Betting Scheme The two individuals, who are from Thunder Bay, have […]
Industry
September 22, 2025
Las Vegas Experiences Job Loss Amidst Lower Visitor Numbers
According to seasonally adjusted data released Thursday by the Nevada Department of Employment, Training and Rehabilitation, the Las Vegas area lost 4,300 jobs between July and August, marking a 0.4% decline. The sharp decrease in employment follows a significant drop in tourism during the summer months. Las Vegas Jobs Dip Amid Slump in Tourism David […]
Industry
September 22, 2025
SBS Makes History by Allowing Players to Block Gambling Ads
SBS, an Australian hybrid-funded public service broadcaster, has made history by becoming the first broadcaster in the world to allow viewers to block gambling ads. SBS Becomes the First Broadcaster to Allow Users to Block Certain Ads As part of its Environmental & Social Governance strategy, SBS introduced options for customers to personalize the ads […]
Industry
September 22, 2025
Sweden Fines 3 Providers That Powered Unlicensed Operators
The Spelinspektionen, Sweden’s gambling regulator, has issued fines to three separate companies that provided gaming software to unlicensed operators. These included EGT Digital Gaming, Quickspinn, and Kalamba Games. Kalamba Games Was Sanctioned As reported by the authority, Kalamba Games Limited received a warning paired with a penalty fee for providing software to operators that lacked […]
Industry
September 22, 2025
Miami Fund to Sue Standard General over Its Allegedly Unfair Takeover of Bally’s
The Miami Police Pension and Relief Fund is reportedly on the way to sue American hedge fund Standard General over its 2024 bid to acquire casino and hospitality operator Bally’s Corporation. “Hedge Fund Vulture” Kim Made the Transaction Possible As reported by Casino.org, the Miami Police Pension and Relief Fund believes that the acquisition of […]
Industry
September 19, 2025
UKGC to Close Advisory Board for Safer Gambling
The UK Gambling Commission (UKGC) announced the imminent closure of the Advisory Board for Safer Gambling (ABSG). The regulator emphasized that this follows the completion of the board’s original remit. UKGC to Move to New Arrangements For context, the ABSG was created to oversee the National Strategy to Reduce Gambling Harms and provide constructive criticism. […]
Industry
September 19, 2025
White House Discussing New CFTC Candidates, Report Says
According to a Bloomberg report, the White House is exploring alternative candidates to lead the Commodity Futures Trading Commission (CFTC) as Brian Quintenz’s confirmation remains stalled. White House Weighs Alternatives for CFTC Head The report states that the Trump administration has been actively engaged in discussions on the matter in recent weeks. It also notes […]
Industry
September 19, 2025
Kalshi Surpasses $1B in Monthly Trading Volume, Establishes Global Dominance
Over the past year, prediction markets giant Kalshi has experienced a significant transformation, topping $1 billion in monthly traded volume, firmly establishing itself as the clear leader in the industry. Kalshi Establishes Global Prediction Markets Dominance The company reports that newly released data, drawn from publicly available metrics, shows Kalshi now controls 62.2% of the […]