Industry News and Headlines
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 […]
Industry
September 19, 2025
Tribal Leadership Council Receives $50K Grant from Yuhaaviatam of San Manuel Nation
The Yuhaaviatam of San Manuel Nation, federally recognized Indian tribe in California, has unveiled over $13.5 million in grants to support a variety of programs across the region. The Tribal Leadership Council (TLC), a national organization championing the sovereignty, leadership, and long-term sustainability of US tribes, is one of those recipients. Supporting the Next Generation […]
Industry
September 18, 2025
ASA Under Fire over Failure to Act on Gambling Content Marketing
The Advertising Standards Authority (ASA) faces renewed scrutiny from Peers for Gambling Reform (PGR), which has accused the watchdog of failing to tackle gambling advertising on social media. In a scathing letter sent to ministers and regulators on 11 September, the group accused the ASA of repeatedly delaying action on “content marketing.” This online promotional […]
Industry
September 18, 2025
LiveScore Group Mints Landmark Partnership with X & xAI
LiveScore Group, the company behind the LiveScore Bet sports betting brand, has unveiled a new partnership with X and xAI. According to the former company, this tie-up will “drive the future of integrated sports media and betting.” X’s Capabilities Will Empower LiveScore Group In its announcement, LiveScore said that this “landmark partnership” will leverage X’s real-time content […]
Industry
September 18, 2025
EGBA Asks Delegates to OK Landmark European Safer Gambling Standard
The European Gaming and Betting Association (EGBA) has encouraged the adoption of a landmark European standard on markets of harm in online gambling. The initiative seeks to align Europe’s safer gambling efforts and prevent more gambling-related harm. EGBA Seeks to Create List of Universal Harm Markers In its latest announcement, the EGBA said that it […]
Industry
September 18, 2025
Canadians Less Likely than Americans to Bet on Sports, Study Shows
The United States and Canada are both major markets for sports, making them attractive targets for sports betting. However, a recent study shows that sports betting is significantly more popular in the US than in its northern neighbor. Study Finds Interesting Differences Between Sports Betting in the US and Canada The study was done by […]
Industry
September 18, 2025
German Watchdog Says Just 1 in 12 Gambling Sites Are Legal
As the Champions League in soccer begins, the German Sports Betting Association (DSWV) has highlighted that illegal gambling websites significantly outnumber licensed operators in Germany, putting players at risk of fraud, gambling addiction, and potential criminal liability. According to the regulator, only 1 of every 12 gambling websites is operating legally. German Gambling Regulator Shows […]