Industry
November 10, 2025
New York’s New Bill Targets Prediction Markets with Strict Restrictions
New York’s Assembly Bill 9251, referred to as the Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act, aims to establish definitions, regulations, and limitations for the operation of prediction markets. AB 9251 Aims to Heavily Restrict Prediction Markets The bill’s key provision explicitly prohibits certain types of markets for users in […]
Industry
November 10, 2025
Las Vegas’ Cosmopolitan Is Selling Off Ice-Skating Ring
Since 2011, The Cosmopolitan in Las Vegas has transformed its fourth-floor Boulevard Tower pool into a 4,200-square-foot rooftop ice rink, complete with real ice, fire pits, snow showers, and themed cocktails, creating a festive winter wonderland for the holiday season. Unfortunately for longtime fans of this tradition, this year the popular seasonal attraction will be […]
Sports
November 10, 2025
NBA Gambling Scandal Deepens Amidst Alleged Mob Ties
The NBA’s long-running gambling controversy reached a new turning point this week as a Brooklyn court heard several of the 34 defendants arrested in the sprawling federal investigation. Prosecutors note that the case unites two distinct but intertwined criminal operations. One involved rigged sports bets on NBA games, and another organized mob-backed poker games that […]
Business
November 10, 2025
OKTO Rolls Out Direct Cash-in Solution in Mexico
Next-gen payment service provider OKTO announced that its direct card-in solution is now available in Mexico, amid increased demand for such services. The company said that this will empower online casino players, providing them with unprecedented convenience. The Launch Aligns with OKTO’s LATAM Strategy According to OKTO’s announcement, the new direct card-in solution service is […]
Casino
November 10, 2025
Mississippi Man’s Catch-Me-If-You-Can Casino Romp Ends with His Arrest
For seven years, Shaun Joseph Benward, a low-key but well-known casino scammer, toured properties all over the United States, pulling off one stunt after the next. However, in April 2025, his escapade was stopped shortly after he was located by police and arrested, the result of a 2018 investigation by the Iowa Division of Criminal […]
Sports
November 10, 2025
Cleveland Guardians in the Midst of a Baseball Betting Scandal
The Cleveland Guardians are willing to cooperate with a new investigation that has targeted two of their pitchers – Emmanuel Clase and Luis Ortiz, both of whom are said to have colluded with other conspirators to place bets, fumble plays, and score wins on betting outcomes. MLB Pitchers Let Down Fans and the League The […]
Sports
November 10, 2025
NCAA Bans Six Players Over College Basketball Betting
The National Collegiate Athletic Association (NCAA) announced at the end of last week that six men’s college basketball players had their eligibility revoked following their involvement in three separate sports-betting cases. Information Leakage and Game Manipulation The investigations found that some of the athletes either manipulated their performances to lose games, missed spreads, or provided […]
Casino
November 10, 2025
Sega Sammy Reports Six-Month Losses, Gaming Shines
Sega Sammy Holdings reported weaker-than-expected financial results for the six months ending September 30, 2025. Delays, Acquisitions, and Slow Video Games Sales Net sales dropped 5.0% year-on-year to JPY201.1 billion ($1.31 billion), while Adjusted EBITDA fell sharply by 54.3% to JPY16.0 billion ($104 million). Operating income fell 69.3% to JPY10.1 billion ($65.8 million), and profit […]
Casino
November 10, 2025
Nevada Regulators Have Concerns About Fifth Street Gaming’s Compliance Issues
Nevada’s gaming regulators are taking a close look at Fifth Street Gaming after tax and audit violations came to light at its North Las Vegas property. The company, which runs Ojos Locos Sports Cantina Y Casino, will face more questions when the Nevada Gaming Commission meets on November 20. Nevada Commission to Weigh Sportsbook Revenue […]
Casino
November 10, 2025
Affinity Interactive Seeks Financial Guidance Amid Mounting Debt Pressures
Casino and media group Affinity Interactive is working with investment bank Moelis & Co. to handle ongoing talks with bondholders as the company looks at ways to manage its growing debt load. This move shows an attempt to steady the business as financial troubles and higher debt ratios worry creditors. Affinity Bondholders Turn to Legal […]
