A wave of sports betting scandals has shaken public trust in professional sports, with new survey data showing that most Americans suspect athletes may be compromising fair play. Conducted by YouGov shortly after the FBI’s late-October announcement of arrests involving NBA player Terry Rozier and coach Chauncey Billups, the study captures a significant moment in public perception toward legalized sports betting....
Taipei prosecutors have detained 25 individuals and confiscated more than NT$4.5 billion (US$145 million) in assets connected to Cambodia’s Prince Holding Group, an empire led by businessman Chen Zhi, who was charged in the United States for wire fraud and money laundering. The detentions and seizures mark Taiwan’s largest move yet in a sweeping international effort against a cross-border scam network spanning Asia and...
The Philippines’ largest online gaming operator, DigiPlus Interactive Corp., recorded a steep profit decline in the third quarter of 2025, following new central bank rules that forced e-wallet providers to disconnect from gaming platforms. Despite the setback, the company’s nine-month performance remained positive. Strong Year Undercut by E-wallet Restrictions According to a disclosure to the Philippine Stock Exchange, DigiPlus’ net income...
PENN Entertainment and ESPN have officially ended their sports betting partnership, closing a deal originally valued at $2 billion and meant to last a decade. The two companies confirmed on Thursday, November 6, that their collaboration will end effective December 1, 2025, marking an early termination of what was once seen as a groundbreaking union between gaming and sports media. ESPN...
Many regulators and governments are squeezing the gambling industry and making it hard to turn a profit. However, Estonia looks to be going the other way, which may make it an enticing home to many betting companies. Estonia is planning to reduce its current tax rates from 6% down to 4%. The aim is to entice a large number of...
A push to bring a harness racetrack and casino hybrid facility to Macon County has taken a significant step forward, with Illinois lawmakers advancing the measure while local leaders and residents weigh its potential impact. The planned project — often referred to as a “racino” — aims to blend horse racing entertainment with casino-style gaming in Decatur, marking a possible...
Prediction markets are moving beyond sports and politics into Hollywood and pop culture, with Crypto.com and Robinhood at the forefront of this shift. Both companies have launched entertainment-focused event contracts that allow users to trade opinions on everything from Grammy nominations and Oscar winners to celebrity rankings and television trends. New Wave of Entertainment Prediction Markets Hollywood.com, a long-established entertainment media...
Genting Bhd, a prominent Malaysian conglomerate, has confirmed that its voluntary takeover offer for its subsidiary, Genting Malaysia, will proceed after successfully increasing its stake beyond the 50% threshold. Following an initial offer in mid-October, Genting Bhd raised its shareholding from 49.36% to 50.11%, thus meeting the key condition for the takeover to advance. Genting Bhd’s Takeover of Genting Malaysia Moves...
The National Collegiate Athletic Association (NCAA) has formally reached out to Kalshi, a federally licensed prediction market operator, expressing deep concern over the company’s handling of college sports-related event contracts and its public presentation of the relationship between the two entities. NCAA Challenges Kalshi Over College Sports Prediction Markets In a letter dated October 30, 2025, NCAA Senior Vice President...
As the U.S. federal government shutdown extends beyond a month, casino operators and tourism leaders are warning that the impassecould severely disrupt one of the year’s most profitable periods. The shutdown, which began on 1 October 2025, has shaken consumer confidence, delayed travel plans, and dampened the optimism of a gaming industry already dealing with softer visitor numbers ahead of the...