Industry News and Headlines
Industry
September 8, 2025
PAGCOR Voids PHP 200M in Casino Winnings Claimed by Gov Officials
The Philippine Amusement and Gaming Corporation (PAGCOR) has nullified over PHP 200 million (about $3.52 million) in casino winnings claimed by government officials and employees between January and July this year. The action could be seen as another step in the regulator’s attempts to stamp out illegal gambling. PAGCOR Voids Illegal Winnings from Gambling PAGCOR […]
Industry
September 8, 2025
Kalshi’s NFL Debut Reveals Pricing Disadvantage Against Sportsbooks
Prediction-market operator Kalshi entered the NFL season with promises of sharper pricing, thanks to its novel exchange-based model. However, recent data from Citizens JMP Securities suggests that retail bettors may not be enjoying the price advantage they expected when signing up with the platform. Even so, Kalshi’s other features may be enough to win over […]
Industry
September 8, 2025
Tipico Completes ATLAS Group Acquisition from NOVOMATIC
Tipico Group, a leading sports betting and iGaming company in the German-speaking region, has confirmed the completion of its acquisition of ATLAS Group, the parent company of Austria’s ADMIRAL Group. The company said that this transaction aligns with its local strategy. Tipico Will Divest Some of Its Land-Based Shops According to Tipico’s official press release, […]
Industry
September 8, 2025
Lucky Player Wins SOFTSWISS’ $891K Prime Network Jackpot
SOFTSWISS, a leading provider of iGaming technology, announced that a lucky player has won the Prime Network Jackpot, which had been building up for months. The Player Secured a Life-Changing Payout According to the announcement, the extremely fortunate player has scooped up the EUR 758,262.71 ($890,753.36) Prime Network Jackpot. This life-changing prize was won from […]
Industry
September 8, 2025
Intoxicated Lottery Winner Attacks Guest with Pool Cue
A Brit who won a multi-million jackpot a few years ago has been caught on camera attacking a guest in his home. While the victim has escaped mostly unharmed, he said that the attack has been traumatizing. The Lottery Winner Invited Three Pub Pals to His Home Paul Long, 62, made headlines in 2018 when […]
Industry
September 8, 2025
Casino and Hotel Mogul Tilman Fertitta Lists $192M Superyacht for Sale
Houston billionaire Tilman Fertitta, owner of the Landry’s restaurant and hospitality empire, the NBA’s Houston Rockets, as well as chairman and chief executive officer of Red Rock Resorts, is parting ways with his 250-foot (76.5-meter) superyacht named Boardwalk. He also announced plans for buying a much larger 384-foot (117-meter) vessel. Fertitta Is Selling His Yacht […]
Industry
September 8, 2025
MGM China Rolls out Labubu and Rolex Promotions to Defend Market Share
MGM China has launched a new promotional campaign allowing players to redeem points for mini Labubu toys as part of its strategy to maintain market share. Additionally, players who place side bets totaling HKD5,000 (around $640) or more have a chance to win a Rolex watch. MGM China Unveils New Promotions George Choi and Timoth […]
Industry
September 8, 2025
Illegal Gambling Operators Turn to Cyber Hacks to Climb Google Rankings
The battle against unlicensed gambling has taken a new twist with the discovery of GhostRedirector, a China-linked hacking group using sophisticated malware to bolster the online presence of offshore betting sites. Cybersecurity company ESET Research drew attention to this threat in a new report, warning that this new breed of cybercrime and gambling fraud could […]
Industry
September 8, 2025
Tech Startups Seek to Revolutionize Betting with AI Agents
Since the repeal of the PASPA, more and more US jurisdictions have been launching their own betting markets, capitalizing on the fast-growing demand for wagering products. With more Americans than ever placing bets, many turn to novel solutions to optimize their chances of winning. While the most fervent of sports fans love the thrill of […]
Industry
September 8, 2025
AbsoluteBet Corp Secures License in Ontario, Launches to Follow
AbsoluteBet Corp. has secured a license in Ontario, having gained a permit from the Alcohol and Gaming Commission of Ontario (AGCO), and will now be looking to introduce province-focused brands and websites. AbsoluteBet Positions Itself for the Full Ontario Gaming Market Focus The latest license comes at a time of sustained interest in the market, […]