Many regulators and governments are squeezing the gambling industry and making it hard to turn a profit. However, Estonia looks to be going the other way, which may make it an enticing home to many betting companies. Estonia is planning to reduce its current tax rates from 6% down to 4%. The aim is to entice a large number of...
A push to bring a harness racetrack and casino hybrid facility to Macon County has taken a significant step forward, with Illinois lawmakers advancing the measure while local leaders and residents weigh its potential impact. The planned project — often referred to as a “racino” — aims to blend horse racing entertainment with casino-style gaming in Decatur, marking a possible...
Prediction markets are moving beyond sports and politics into Hollywood and pop culture, with Crypto.com and Robinhood at the forefront of this shift. Both companies have launched entertainment-focused event contracts that allow users to trade opinions on everything from Grammy nominations and Oscar winners to celebrity rankings and television trends. New Wave of Entertainment Prediction Markets Hollywood.com, a long-established entertainment media...
Genting Bhd, a prominent Malaysian conglomerate, has confirmed that its voluntary takeover offer for its subsidiary, Genting Malaysia, will proceed after successfully increasing its stake beyond the 50% threshold. Following an initial offer in mid-October, Genting Bhd raised its shareholding from 49.36% to 50.11%, thus meeting the key condition for the takeover to advance. Genting Bhd’s Takeover of Genting Malaysia Moves...
The National Collegiate Athletic Association (NCAA) has formally reached out to Kalshi, a federally licensed prediction market operator, expressing deep concern over the company’s handling of college sports-related event contracts and its public presentation of the relationship between the two entities. NCAA Challenges Kalshi Over College Sports Prediction Markets In a letter dated October 30, 2025, NCAA Senior Vice President...
As the U.S. federal government shutdown extends beyond a month, casino operators and tourism leaders are warning that the impassecould severely disrupt one of the year’s most profitable periods. The shutdown, which began on 1 October 2025, has shaken consumer confidence, delayed travel plans, and dampened the optimism of a gaming industry already dealing with softer visitor numbers ahead of the...
Kambi Group plc has formalized a significant long-term agreement with Superbet Group, unveiling a partnership centered around Kambi’s advanced Odds Feed+ product. This collaboration strengthens Superbet’s sports betting capabilities across both its digital and retail channels, delivering access to Kambi’s full selection of premium traded odds and enabling the operator to scale its offering based on market needs and customer...
London’s Southwark Crown Court has formally scheduled the first stage of a sweeping criminal prosecution involving former Entain (previously GVC Holdings) executives, including ex–chief executive Kenny Alexander. A provisional trial date has been fixed for February 2028, marking a significant milestone in a long-running investigation into alleged misconduct tied to historic operations serving the Turkish market. At Monday’s plea and...
Entain Plc, the FTSE 100-listed gambling operator, posted impressive financial results in Q3 2025. The company managed to keep solid growth momentum across its diverse portfolio. Total group net gaming revenue rose 6% on a reported basis and 7% at constant currency. The group revenue showed a healthy 4% growth (5% at constant currency) even without U.S. operations. This shows...
Google has drawn a clear line in the digital gaming landscape, officially determining that sweepstakes casinos do not qualify as social casino games and therefore cannot advertise under the same rules. The subtle yet decisive policy update, issued on October 28, marks the first time the tech giant has explicitly referenced sweepstakes casinos within its gambling advertising framework. According to...