Illinois’ sports betting industry experienced a pronounced drop in wagering volume this September, marking the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming Board (IGB) and statements from industry groups show that bettors placed five million fewer bets compared to September 2024, amounting to about a 15% year-over-year decline in total wagers. According...
India’s real-money gaming industry has entered one of its most turbulent periods yet, with sweeping financial losses and thousands of job cuts continuing to mount nearly three months after Parliament passed the Promotion and Regulation of Online Gaming Act (PROGA). Although the legislation received unusually swift approval—moving from cabinet clearance to presidential assent in under four days—the government has not...
DigiPlus Interactive Corp., one of the Philippines’ dominant eGames operators, has taken a major step toward expanding its presence beyond digital entertainment by securing rights that could give it control of International Entertainment Corp (IEC), the parent company of New Coast Hotel Manila. Through a recent Subscription Agreement valued at HK$1.6 billion, the company aims to integrate online innovation with an established...
Concerns over the integrity of U.S. professional sports have intensified following the federal indictments of Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz, prompting a direct request for answers from members of Congress. Lawmakers from the Senate Committee on Commerce, Science and Transportation, which has oversight authority over major sports leagues, reached out to MLB Commissioner Rob Manfred with a letter...
The two most prominent US sports betting platforms, FanDuel and DraftKings, have officially stepped away from the American Gaming Association as both companies advance into the rapidly expanding world of prediction markets. Their departures follow months of emerging tension over how sports-related event contracts should be regulated, particularly as the operators laid out their intentions in recent Q3 earnings reports. Industry Rift...
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...