In recent months, Kalshi has garnered significant attention in the sports betting world, especially after its successful legal battles to offer prediction markets, including sports event contracts. As sports prediction markets have surged in popularity, traditional sportsbooks, including FanDuel, are now exploring potential partnerships with the platform. Kalshi’s appeal and benefits for FanDuel: FanDuel, a key player in the U.S. sports betting industry and owned by Flutter...
A legislative committee in Wyoming has proposed sweeping tax hikes targeting the state’s gambling sector, signaling a move to tighten regulations and capture a larger share of the growing revenue from gaming activities. The measures, introduced during a meeting of the Select Committee on Capital Financing and Investments in Cheyenne, have sparked a range of reactions from both supporters and critics. Proposed tax increases...
The Japanese government has intensified its crackdown on illegal online gambling, calling for eight countries and regions to block access to their licensed online casino websites for Japanese residents. This move is in response to growing concerns about the illegal gambling market in Japan, especially after media reports revealed that several high-profile individuals, including professional athletes and celebrities, have used these overseas...
Ainsworth Game Technology has addressed mounting concerns from investors over its failure to disclose that CEO Harald Neumann has been under criminal investigation in Austria since 2019. The company explained that it sought legal counsel and determined that the nature of the investigation was too preliminary and indefinite to require disclosure to the Australian Securities Exchange (ASX) at the time. Ainsworth board justifies silence on ongoing...
Entain plc, the renowned global sports betting and gaming company, has raised its full-year 2025 revenue forecast for its joint venture with MGM Resorts International, BetMGM. This update comes as a result of continued positive momentum in both online sports betting and iGaming sectors, particularly in the United States. BetMGM’s continued strength and new growth pathway: As stated in Entain’s press release, the company...
In a recent crackdown aimed at protecting Michigan residents, the Michigan Gaming Control Board (MGCB) has issued cease-and-desist orders to five unlicensed online gambling platforms. These platforms—BoVegas Casino, BUSR, Cherry Gold Casino, Lucky Legends, and Wager Attack Casino—were found to be accepting wagers and deposits from Michigan residents without the necessary state licenses. Their actions violate several of Michigan’s laws,...
Donaco International Limited has reported significant operational disruptions at its Star Vegas casino in Poipet, Cambodia, following heightened tensions between Thailand and Cambodia. The Thai government’s border restrictions, which came into effect after a brief military clash between the two nations on May 28, 2025, have severely impacted the casino’s business. Ongoing border tensions affect Star Vegas performance: These measures, which were imposed on...
A growing concern has emerged in South Korea over the increasing number of nationals engaging in gambling abroad. Experts from the tourism and gambling sectors gathered on Wednesday at a policy forum hosted by The Korea Times and the Tourism Sciences Society of Korea (TOSOK) to discuss this issue. The forum, which included academics, government officials, and industry leaders, focused...
Virginia’s gaming industry set a new benchmark in May 2025, as casinos in the state collectively reported adjusted gaming revenues (AGR) totaling $85.39 million, a significant increase from April’s $78.76 million. This marks a continued upward trajectory, with Hard Rock Bristol leading the charge with its exceptional performance across both slots and table games. Virginia casinos achieve record-breaking revenue in May 2025:...
The Pascua Yaqui Tribe, in partnership with Casino Del Sol, marked a significant milestone this week as the final steel beam was signed and prepared for placement at their new casino site on Grant Road, just off Interstate 10, Arizona. This beam signing ceremony symbolized the completion of the building’s steel framework and was attended by tribal officials, project collaborators, city...