Industry
January 29, 2026
China Executes 11 People Linked to Multi-Billion Scam
The Chinese government has moved forward with the execution of 11 people who a local court in Zhejiang province found guilty of participating in various criminal activities, including but not limited to online scams and gambling. Among those executed were Ming Guoping and Ming Zhenzhen, the alleged ring leaders, and other high-ranking group members, such […]
Industry
January 29, 2026
Las Vegas Sands’ Q4 Was Underpinned by Strong Performance in Asia
International casino and hospitality giant Las Vegas Sands (LVS) has published its financial results for the fourth quarter of 2025 (Q4), reporting a significant increase in revenue. According to the release, the strong results were underpinned by the company’s continued favorable performance in Singapore. Q4 Was a Strong Quarter for the Business In its quarterly […]
Industry
January 29, 2026
Virginia Lawmakers Push New Rules and Taxes for Fantasy Sports Industry
Virginia lawmakers are taking steps to change how daily fantasy sports companies do business in the state. Delegate Paul Krizek introduced House Bill 145, which just passed its first test. A House subcommittee voted to send the bill to the Appropriations Committee, with all members in favor. Virginia Lawmakers Target Fantasy Sports With New Taxes […]
Industry
January 28, 2026
Russia Accused of Siphoning Money from Occupied Ukrainian Territories via Online Gambling
Russia is increasingly using gambling as a source of revenue in the occupied Ukrainian territories, according to new claims by the National Resistance Center (NRC). The authority claims that online casinos are part of a broader system to drain the occupied territories of money and funnel it back to Moscow. The rest of Ukraine also […]
Industry
January 28, 2026
Entain Withdraws Long-Standing Cheltenham Festival Sponsorships Due to Tax Hurdles
Britain’s recent gaming tax changes continue to rock the gambling sector, forcing companies to adapt in a variety of ways, including dropping some of their partnership agreements. One of the most recent developments saw Entain withdraw its Coral brand’s sponsorship of The Coral Cup, a part of the Cheltenham Festival. The Tax and Statutory Levy […]
Industry
January 28, 2026
Victoria Upholds Penalty Against OkeBet Due to Self-Exclusion & Marketing Failures
The Australian state of Victoria has upheld a fine against online sportsbook OkeBet for inducing excluded players to gamble. Officials highlighted the importance of self-exclusion and protecting at-risk players from harm. VCAT Upholds Earlier VGCCC Decision In its latest release, the Victorian Gambling and Casino Control Commission (VGCCC) said that its earlier decision that OkeBet […]
Industry
January 28, 2026
NFL Super Bowl Projected to Attract Record Volume of Bets
The upcoming Super Bowl is expected to be one of the most bet-on events ever as experts predict that fans will wager up to $1.7 billion. Super Bowl to Generate $1.7B in Wagers Set to take place next month, the culmination of the NFL season will see the New England Patriots and the Seattle Seahawks […]
Industry
January 28, 2026
Shattering of POGOs Leads to Drop in Chinese Nationals Kidnappings
The Philippines and China were at each other’s throats over whether the Philippine Offshore Gaming Operators (POGO) must go. China fulminated against kidnappings that were perpetuated by POGOs who were ostensibly offering job-seekers cushy positions in the industry, but who in many cases turned out to be fronts for various illegal activities, including pig-butchering scams, […]
Industry
January 28, 2026
UK Plans to Boost Gambling Regulator Fees as Budget Tightens
The UK government has started asking the public what they think about raising the fees that gambling companies pay for licenses. This move aims to help the UK Gambling Commission stay afloat as it costs more to regulate the industry. New UK Consultation Outlines Tiered Gambling Licence Fee Increases The Department for Culture, Media and […]
Industry
January 27, 2026
Better Markets Director Dubs Kalshi, Polymarket Unregulated Gambling Sites
Better Markets is a non-profit and independent organization founded in the wake of the 2008 financial crisis with a mission to promote interest in financial matters among the general population. Recently, its director of securities policy, Benjamin Schiffrin, commented on prediction markets platforms such as Kalshi and Polymarket, saying they are outright casinos. Better Markets’ Schiffrin […]
