Fanatics is preparing to expand its business into the rapidly evolving prediction markets space, confirming plans to launch an event-contract product in collaboration with Crypto.com. The announcement was made public on Thursday after CEO Michael Rubin discussed the initiative during an interview with CNBC’s Sara Eisen, followed by a company spokesperson reiterating the news to SBC Americas. As the spokesperson explained, “Today...
Representatives from Happy Valley Casino offered a first look at updated renderings and operational details for the new gambling venue at Nittany Mall during a Wednesday hearing in Harrisburg. The announcement coincided with the Pennsylvania Gaming Control Board’s unanimous approval for the casino to operate 600 slot machines and receive a certificate to host table games. The facility still needs...
For the past several years, the Las Vegas Sands Corporation has been scanning the United States for a new flagship property, and company leaders say they see only one city that fits their ambitions: Dallas. After selling its Las Vegas assets in 2022, Sands began a renewed push to establish a U.S. home base, zeroing in on North Texas as...
The long-running case involving former Bamban mayor Alice Guo reached a turning point after a Philippine trial court sentenced her to life imprisonment for human trafficking. Authorities said the verdict closed a chapter that has dominated public attention for years, stemming from allegations linking Guo to sprawling scam networks disguised as online gaming operations. Guo had risen to public office in...
The New York State Gaming Commission (NYSGC) is intensifying its scrutiny of licensed operators, focusing on whether involvement in prediction markets could jeopardize their ability to operate in the state’s regulated sports betting environment. Chair Brian O’Dwyer emphasized the need for a thorough review at a commission meeting on November 18, highlighting that these markets pose a direct challenge to...
Australia is confronting a dramatic escalation in its illegal offshore gambling market, with new data showing losses have more than doubled since 2019. Research conducted by H2 Gambling Capital for Responsible Wagering Australia (RWA) found that Australians are now losing $3.9 billion each year to unlicensed overseas gambling platforms, a figure expected to rise to $5 billion by 2029. The expanding...
Republican leaders in Wisconsin abruptly halted progress on Assembly Bill 601, a proposal that would have legalized online sports betting through tribal partnerships, just hours before a planned vote. The decision signaled internal GOP hesitation and growing conservative scrutiny, bringing the bill’s momentum to an unexpected pause despite earlier bipartisan support. The legislation sought to redefine the term “bet” to allow wagers placed...
SJM Holdings has reshaped its satellite casino strategy, announcing that it will complete the purchase of L’Arc Hotel and Casino L’Arc Macau while ceasing efforts to acquire Ponte 16. The decision marks a significant change for the concessionaire ahead of the mandatory end of satellite casino contracts due by January 2026. Through a HKD1.75 billion agreement, SJM will take ownership of L’Arc and...
In a sweeping move, MPs on the Treasury Select Committee have urged Chancellor Rachel Reeves to raise taxes on gaming products and online casinos. The move comes as online casino revenue figures continue to grow. While the move is widely supported, not everyone agrees with it. However, arguments against it have tended to be a lot more nuanced. Proponents and...
The LCB Awards return for their fourth consecutive year, continuing a tradition of spotlighting the standout performers shaping the online gambling landscape. Established by LCB after nearly two decades of hands-on expertise in the casino industry, the Awards reflect the platform’s long-term commitment to fairness, innovation, and meaningful contributions across the iGaming world. Designed not only to applaud exceptional operators...