Blockchain.com has applied to US regulators for permission to operate a prediction market and offer cryptocurrency derivatives to American customers, seeking to expand its services beyond the international partnerships it currently uses to provide these products. The digital asset platform has submitted applications to the Commodity Futures Trading Commission (CFTC) for two licenses covering exchange operations and derivatives brokerage. The...
BetMGM recorded a 7% year-over-year increase in third-quarter net revenue to $710 million as stronger iGaming and online sports betting results supported its financial performance. Adjusted EBITDA climbed 112% to $86 million for the three months ended September 30, 2026, despite a decline in average monthly active users across the business. The operator, jointly owned by Entain and MGM Resorts...
Matchbook has acquired fellow betting exchange Betdaq for an undisclosed sum, consolidating two established peer-to-peer betting platforms as the company expands its presence in prediction markets. Announced on October 14, the deal aims to combine both exchanges’ liquidity, allowing customers to access more competitive prices and place larger bets at available odds. The transaction is also understood to include Racecourse...
BetMGM is reducing investment in lower-return US sports betting markets as competition from prediction platforms puts additional pressure on operators. The company is directing more resources toward online casino gaming and higher-spending customers, following a third quarter that delivered revenue growth despite a decline in active sportsbook users. CEO Adam Greenblatt outlined the strategy during BetMGM’s October 13 business update,...
Tulalip Resort Casino in Washington has completed a three-year expansion and renovation, increasing its gaming floor by 35% and introducing new amenities inspired by the culture of the Tulalip Tribes. The project added 70,250 square feet to the property, bringing its gaming floor to 270,250 square feet. The enlarged space accommodates 400 additional slot machines, increasing the casino’s total to...
Chinese courts have sentenced three members of the Wei family criminal syndicate to death for operating illegal casinos and scam compounds in northern Myanmar. The organisation handled more than RMB12.2 billion (approximately US$1.7 billion) in illicit gambling and fraud funds and was linked to the deaths of four Chinese nationals. The Quanzhou Intermediate People’s Court and Nanan City People’s Court...
Hacksaw Gaming (Hacksaw AB) shares fell sharply on October 12 after the Swedish gaming supplier reported slower revenue growth in its preliminary third-quarter 2026 update. The company cited softer market conditions and weaker game performance compared with recent reporting periods. Shares fell 27.24% to SEK59.40 in Stockholm following the announcement. The projected revenue increase was also below the approximately 30%...
New Zealand has identified 11 entities eligible to apply for online casino licences following an auction that attracted 32 bidders and concluded after 10 rounds. The Department of Internal Affairs (DIA) announced the results on October 13, confirming that each successful application right carries a fee of NZ$15 million (US$8.4 million). The government has made 15 licences available under the...
French Guiana’s first casino will open on November 5, with COGIT Group confirming a 10am launch for its Casino-Théâtre de Cayenne following several delays. The €35 million development will introduce a gambling venue to the territory, alongside facilities for dining and live entertainment. Caysino, a subsidiary of the Martinique-based operator, will manage the property under a 20-year public service concession....
Liquor & Gaming NSW (L&GNSW) has fined two venues for breaching mandatory gaming machine shutdown rules, following an enforcement operation across New South Wales. The Crown Hotel in Camden and East Cessnock Bowling Club received penalties, while another establishment received an official caution and a fourth faces formal disciplinary proceedings. The action follows changes introduced in April 2026, when the...