Industry News and Headlines
Industry
January 5, 2026
Virginia’s Monthly Sports Betting Revenue Hits New All-Time-High
The Virginia Lottery, which, among other things, oversees sports betting in the Old Dominion, has published its latest report regarding the wagering industry’s performance. The report covers the month of November (2025) and highlights a record-breaking revenue figure for the month. Sportsbooks Reported $95.3M in Revenue As mentioned, Virginia’s adjusted gross sports betting revenue for […]
Industry
January 5, 2026
Analysts Stay Bullish on Gambling Sector as Operators Consolidate Positions
Gambling sector analysts are confident that, despite sharp swings and regulatory challenges, the broader industry remains poised for sustained profitability. Rather than viewing recent turbulence as a warning sign, experts believe it will lead to stronger financial positions, more disciplined growth, and healthier margins across the industry. Citizens Named Flutter a Top Pick Citizens has […]
Industry
January 5, 2026
Brazil’s President Approves Law to Increase Taxes on Gambling Operators
Brazil’s president, Luiz Inácio Lula da Silva, has enacted a law raising taxes on betting companies operating in the South American country, increasing the rate from 12% to 15% by 2028. President Lula Approves New Tax Law Lula granted final approval to Complementary Law No. 224 last week, following mid-December approval of the original bill, […]
Industry
January 5, 2026
Casino Staff to Benefit from New Jersey 2026 Minimum Wage Increase
New Jersey is starting 2026 with a significant 43% increase in the minimum hourly wage. This will raise the minimum wage to $15.92, which is expected to have a positive impact on many workers in the state’s extensive hospitality and gaming industries. Casino Workers and Others to See a Significant Wage Increase While the state […]
Industry
January 5, 2026
Las Vegas’ Venezuelan Community Celebrates Maduro’s Capture
Even though 2026 has just begun, the capture of Venezuela’s president, Nicolas Maduro, has quickly become one of the most important developments of the year. While people seem to be divided on the topic of the United States’ military intervention in Venezuela, Venezuelan people in Las Vegas seem to welcome the toppling of their government. […]
Industry
January 5, 2026
Japan Turns to UK App to Fight Gambling Addiction Rise
Last January, The Japan Times painted a concerning picture regarding the situation of online gambling addiction in the country. Then, the Society Concerned about Gambling Addiction signaled a massive 11-fold rise in consultation requests for the 12 months ending in December 2024. One year later, things haven’t evolved in a positive direction in East Asia’s […]
Industry
January 5, 2026
Türkiye’s Banks Begin Sending Notices to Consumers about Risks of Illegal Gambling
Türkiye has been intensifying its efforts to rein in the illegal gambling market, which has been a continuous focus of law enforcement and judicial efforts, with a new strategy outlined by the country’s Justice Minister, Yılmaz Tunç. New Action Plan Set to Intensify Crackdown Against Illegal Gambling in Türkiye In the latest such effort, the […]
Industry
January 2, 2026
Macau Closes the Curtain on Satellite Casinos
Macau has quietly ended one of the most distinctive chapters in its gaming history with the shutdown of the Landmark Casino at midnight on January 1, marking the conclusion of the region’s long-running experiment with satellite casinos. With this decades-old operating model now over, Macau continues its efforts to adapt to shifting industry trends and […]
Industry
January 2, 2026
AI Can Develop “Human-Like” Gambling Addiction, Study Suggests
Researchers at the Gwangju Institute of Science and Technology in South Korea discovered that large language models can develop human-like gambling addiction. According to a paper titled “Can Large Language Models Develop Gambling Addiction?,” AI models consistently pursued losses, increased their risk-taking, and in some simulations ended up bankrupt. Study Says AI Models Can Develop […]
Industry
January 2, 2026
Pressures Against Gaming Ads in the UK Grow Stronger
The UK has experienced quite a few gaming reforms in recent years, but industry critics believe that the changes have failed to address one of the biggest problems – ads. According to The Guardian, the pressures to restrict gambling ads continue to grow stronger. The UK Gaming Sector Has Been Experiencing Changes For context, gambling […]