In a new twist to the ongoing legal battle surrounding sports prediction markets, Robinhood has filed a lawsuit in the U.S. District Court for the District of Massachusetts. The trading platform is seeking an injunction to prevent the Massachusetts Attorney General Andrea Joy Campbell and the Massachusetts Gaming Commission (MGC) from enforcing state laws against its operations. This lawsuit follows a complaint filed against Robinhood’s partner, Kalshi, and...
MIXI Australia has officially concluded its off-market takeover of PointsBet, acquiring a dominant 66.43% of the company’s voting power. This milestone comes after months of competitive bidding, with the final share acquisition made on September 12, 2025. MIXI’s winning bid of AU$1.25 per share was initially presented in August, and its offer was reinforced with a final acquisition, securing the majority of PointsBet’s outstanding shares....
The Hong Kong Stock Exchange (HKEX) has officially ruled that Andrew Lo Kai Bong, the chairman and majority shareholder of LET Group Holdings and Summit Ascent Holdings, is unfit to serve as a director or hold senior management positions within the companies or their subsidiaries. This decision follows Lo’s controversial attempts to sell the Tigre de Cristal casino in Russia, which triggered regulatory concerns and led to board...
Shady Lady’s latest creation, Swoll, takes players deep into a world where gym culture reaches absurd proportions. Picture a flashy garage gym plastered with thirst-trap posters, over-the-top bodybuilders, and absurdly juiced-up characters chasing their ultimate physiques. This high-volatility slot isn’t just about lifting weights; it’s about lifting your bankroll with unique mechanics and insane win potential. Swoll Symbols and Features The gameplay in Swoll is anything but...
Vietnam’s casino industry is under mounting financial strain, with Phu Quoc’s Corona Resort & Casino revealing heavy first-half losses in 2025, further highlighting the divide between major operators. Figures released by Phu Quoc Tourism Development and Investment JSC and cited by Tuoi Tre News show that the Corona Resort & Casino reported a loss of VND564 billion (US$21.4 million) for...
In a significant development related to a high-profile embezzlement case, FanDuel has reportedly agreed to pay the Jacksonville Jaguars $5 million to help cover losses incurred from a fraudulent scheme involving former team employee Amit Patel. This deal, finalized earlier in 2025, aims to compensate the team for nearly $20 million Patel misappropriated, much of which ended up in the hands of the sportsbook operator. The agreement,...
Travellers International Hotel Group Inc., the leisure division of Alliance Global Group Inc., in partnership with Suntrust Resort Holdings Inc., has committed up to $450 million to finalize the $1.25 billion Westside City integrated resort development in Parañaque, Philippines. According to Travellers International president and CEO Nilo Thaddeus Rodriguez, the development, which is approximately 70% complete, will require additional capital to meet its final construction phase....
The Malaysian government is set to confront social media giant Meta later this month regarding a surge of illegal online gambling promotions circulating on Facebook. Communications Minister Datuk Fahmi Fadzil confirmed that he will meet Meta executives on September 22 to demand tougher measures against the persistent problem. Fahmi stressed that the government has consistently flagged the issue to Meta,...
Massachusetts Attorney General Andrea Joy Campbell has filed a lawsuit against KalshiEX LLC, accusing the online prediction market platform of unlawfully offering sports wagers to Massachusetts residents. The lawsuit, filed in Suffolk Superior Court, claims that Kalshi has been promoting and accepting sports bets under the guise of “event contracts” without the required licensing from the Massachusetts Gaming Commission (MGC). The suit asserts that the...
The Saskatchewan Indian Gaming Authority (SIGA) has been penalized with a significant fine of $1.175 million after a compliance examination by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The penalty was imposed on August 28, 2025, and pertains to SIGA’s failure to adhere to specific provisions of Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Details of the Violations SIGA, which operates...