The NBA’s wide-ranging probe into alleged illegal gambling activities has intensified, prompting investigators to request phones, documentation, and other materials from numerous organizations — including the Los Angeles Lakers. According to multiple reports, the league’s actions follow heightened scrutiny from federal prosecutors and Congress after criminal charges were issued last month against several figures tied to insider betting schemes. League...
PrizePicks has formally entered the regulated prediction market space, unveiling a new offering that enables customers to make event-based predictions across sports, entertainment, and cultural moments within the company’s existing app. The expansion is made possible through Performance Predictions II, LLC, the operator’s federally approved Futures Commission Merchant, and supported by a newly signed multi-year partnership with Kalshi, the world’s largest prediction...
State governments across Australia are reconsidering casino tax rates after industry revenues dropped sharply over the past two years. Several economic advisors now argue that lower taxes could actually boost government income while helping casinos stay competitive. Tax Rates Under Review Across Multiple States Current casino taxes vary dramatically between states. NSW charges up to 41.67% on electronic gaming machines,...
Macau’s gaming labor market continued its downward trajectory in the third quarter of 2025, extending a trend that has persisted for three straight year-on-year comparisons. The latest update from the Statistics and Census Service provides a clear snapshot of a sector adjusting to structural change as long-running satellite casinos prepare to close and regulations reshape the operating landscape for all six concessionaires....
New York’s commercial casino licensing process is entering its decisive stretch, with the state’s Gaming Facility Location Board set to tour the three remaining proposed sites on November 17, 2025. The visits represent a critical checkpoint in a long-running evaluation period that will determine which projects secure up to three available downstate casino licenses before the end of the year. Each...
Sweden’s regulated gambling industry recorded a narrow year-on-year rise in revenue during the third quarter, with licensed operators generating approximately SEK6.7bn to SEK6.71bn. The increase—0.5% across all three reported datasets—signals that digital gambling continued to strengthen, even as land-based activity and state lottery performance weakened. Despite this slight uplift compared to Q3 2024, the overall total remained 4.4% below the SEK7.02bn reported...
Light & Wonder has officially wrapped up its move to become a solely listed company on the Australian Securities Exchange (ASX), marking the end of its multi-year presence on the Nasdaq Stock Market. The company confirmed that its Nasdaq listing concluded on 13 November 2025, with the ASX becoming its only active exchange four hours after the closing bell in...
Caesars Palace in Las Vegas and its affiliated entities have agreed to pay a $7.8 million fine after Nevada regulators outlined extensive anti-money laundering lapses involving California bookmaker Mathew Bowyer. The Nevada Gaming Control Board (NGCB) filed a five-count complaint describing how Caesars continued hosting Bowyer despite years of internal warnings pointing to unverifiable income and significant risk concerns. Regulators Detail...
Detroit’s casino industry posted a solid financial showing in October, according to newly released figures, even as overall 2025 results remain narrowly short of last year’s trajectory. The Michigan Gaming Control Board reported that the city’s three commercial properties — MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown — generated $107.4 million in total revenue for the month....
Resorts World Las Vegas is undergoing another significant leadership adjustment as the Strip’s newest multibillion-dollar resort continues fine-tuning its organizational structure. The company confirmed that former Nevada governor Brian Sandoval will now serve as chairman of its board of directors, stepping into a role previously held by longtime gaming executive Jim Murren. According to the resort, Murren is transitioning into...