Crown Resorts has announced plans to cut 200 positions at its Melbourne property, citing ongoing economic pressures and regulatory requirements. The Melbourne casino employs roughly 13,500 staff, and the company emphasized that this decision is part of broader measures to ensure the long-term sustainability of its operations. “Impacting roles is never a decision taken lightly, but these proposed changes are necessary...
A Buenos Aires court has issued a nationwide order blocking access to Polymarket, one of the world’s largest prediction market platforms. The ruling also mandates that Google and Apple remove the platform’s applications from their stores across Argentina. The decision marks the first time a Latin American country has taken such measures against a crypto-based prediction market, highlighting increasing regional regulatory...
Massachusetts regulators have imposed financial penalties on several major sports betting operators after identifying multiple compliance failures tied to prohibited wagering markets. The Massachusetts Gaming Commission (MGC) approved eight separate civil penalties totaling $80,500, affecting five licensed operators: BetMGM, Caesars, DraftKings, Fanatics, and FanDuel. The violations, which were disclosed by the operators themselves, span a period beginning in September 2023...
Virginia lawmakers have brought efforts to legalize online casino gambling to a halt after failing to reach a final agreement before the legislative session ended. The decision followed months of debate and came despite earlier approvals of related bills in both chambers of the General Assembly. The proposal, which would have allowed casino-style gaming on mobile devices with continuous access,...
Macau’s gaming sector has maintained steady performance in March, with gross gaming revenue (GGR) averaging around MOP700 million per day in the first half of the month. Estimates from investment banks indicate that the market continues to grow compared with last year, although results show a slight decline compared with February levels. March Performance Shows Stable Growth Trends Recent data...
The Colombian government has reinstated a tax on online gambling deposits as part of broader emergency measures addressing severe flooding in eight provinces. Under Decree 0240, the measure imposes a 16% consumption tax on wagers made through digital platforms, both from domestic and international operators providing services locally. The move is intended to contribute an additional COP8.6 trillion ($2.3 billion) to...
Bally’s Corporation reported a 28.6% increase in revenue for Q4 2025, reaching $746.2 million, fueled by both land-based and online growth across its global operations. The results mark the company’s first quarter following the completion of its €2.7 billion (£2.3 billion) merger with Intralot, which reorganized Bally’s Intralot division and added a controlling stake in international online operations. The UK...
Soft2Bet has announced plans to enter Alberta’s future regulated iGaming market, subject to obtaining the required approvals. The company intends to build on its existing Canadian presence by extending its localized approach, drawing from the experience gained with its Ontario-focused brand, ToonieBet. The move comes as Alberta prepares to establish a competitive online gaming environment under a new regulatory structure. Authorities...
Executives from US-based private credit firm WhiteHawk Capital recently traveled to Australia to visit properties operated by Star Entertainment Group as the casino operator seeks to secure a major refinancing agreement. The company is attempting to arrange a deal worth more than $400 million that would replace an existing $430 million loan facility. Star hopes to reach an agreement before...
Indiana has enacted new legislation targeting online sweepstakes-style casino platforms, setting a July 1 start date for a statewide ban on games that use dual-currency systems to replicate gambling products. The measure, House Bill 1052, received final approval after Gov. Mike Braun signed the legislation into law. Dual-Currency Gaming Models Targeted by New Law The bill forms part of a...