MPs are urging UK Chancellor Rachel Reeves to dismiss what they describe as “scaremongering” from the gambling industry and impose higher taxes on its most harmful products, including high-street slot machines and online casino games. The Treasury select committee’s new report calls for a tax overhaul that better reflects the risks associated with different forms of gambling, as Reeves prepares...
DraftKings is preparing to make a major expansion beyond its traditional sportsbook operations with the introduction of a new platform called DraftKings Predictions, which will allow users to trade on the outcomes of sports events. The company confirmed that the product will debut “in the coming months,” signaling an ambitious move into the emerging prediction markets sector—one that could test...
Kevin Mullally, who served as the inaugural Chief Executive Officer of the General Commercial Gaming Regulatory Authority (GCGRA), has officially stepped down from his role. The regulator confirmed his departure in a statement issued Thursday, naming GCGRA Chairman Jim Murren as interim CEO effective immediately. Mullally was appointed in 2023 to lead the GCGRA during its critical establishment phase. Over...
Vici Properties has finalized a major acquisition deal valued at $1.16 billion, marking its official purchase of seven Nevada-based Golden Entertainment casino properties. The transaction, structured as a sale-leaseback agreement, represents a pivotal move for both companies—strengthening Vici’s footprint in Nevada’s gaming market while guiding Golden Entertainment toward privatization. Under the agreement, Vici will assume full ownership of the land...
Melco Resorts & Entertainment Limited has reported another strong quarter of growth, with total operating revenues reaching US$1.31 billion for the three months ending 30 September 2025—an increase of 11% year-on-year. The company credited the improvement to higher gaming and non-gaming revenue across its Asian and European resorts, with particularly solid results in Macau and Cyprus. Sustained Growth in Core Markets...
Former NBA player and assistant coach Damon Jones has entered not guilty pleas in two separate federal cases in Brooklyn that prosecutors say stem from sprawling gambling operations involving both rigged high-stakes poker and alleged use of non-public injury information tied to NBA games. He appeared for back-to-back arraignments, with a court-appointed lawyer entering the pleas on his behalf. Jones, who resides...
Wynn Resorts, Limited has reported a strong third quarter for 2025, highlighting robust growth in Macau and continued outperformance in Las Vegas. The company posted total operating revenues of US$1.83 billion for the period ending September 30, 2025—an increase of US$140.4 million over the same quarter last year. Net income attributable to Wynn Resorts reached US$88.3 million, reversing a US$32.1 million loss recorded...
Australia’s Northern Territory Racing and Wagering Commission (NTRWC), which acts as the country’s de facto regulator for online betting, has temporarily ended the practice of accepting gifts and hospitality from wagering companies. The move follows heightened scrutiny over the body’s relationship with the gambling industry and comes as a new code of conduct is being developed to bolster ethical oversight. Regulator...
Minnesota Attorney General Keith Ellison has renewed his efforts to stop unlicensed gambling platforms from operating in the state, reissuing cease-and-desist orders to 14 online casinos and sportsbooks that continue to target Minnesota residents. The action represents a firm stance against offshore and sweepstakes-style operators that, according to Ellison, are in direct violation of state gambling and consumer-protection laws. The...
YouTube will roll out a new set of restrictions on November 17, 2025, to limit how much gambling and violent video game content reaches younger audiences. The upcoming enforcement marks one of the most comprehensive updates to the platform’s Community Guidelines, targeting both traditional and virtual gambling elements—including NFTs and in-game assets with monetary value. According to Google, YouTube’s parent...