The Vietnam Chamber of Commerce and Industry (VCCI) has put forward a proposal to the Ministry of Finance, calling for a significant increase in the daily betting cap on international football, horse racing, and greyhound racing. This proposal is designed to strengthen the competitiveness of licensed operators in the country and tackle the growing issue of illegal gambling platforms that currently operate...
As the NBA continues to expand its partnership with legalized sports betting, Commissioner Adam Silver is raising alarms about the potential risks that come with this burgeoning industry. Once a vocal supporter of legalizing sports betting, Silver is now calling for stronger regulation to safeguard the integrity of the game, protect players, and curb the negative behaviors tied to betting. His remarks...
Platinum Gaming Limited, the operator of popular UK gambling websites like unibet.co.uk and uk.bingo.com, has been hit with a £10 million penalty by the UK Gambling Commission. This fine comes after a thorough investigation uncovered a series of serious failings in both the company’s anti-money laundering (AML) controls and its social responsibility procedures. The Commission’s findings have highlighted significant shortcomings in the...
Wisconsin lawmakers are moving forward with a bipartisan proposal that could transform the state’s gambling landscape by authorizing online sports betting. The measure, introduced last week, seeks to extend wagering opportunities beyond the confines of tribal casinos and into the digital realm — a step that would align Wisconsin with most of the country. Currently, sports betting in Wisconsin is...
Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, said a tax hike would threaten the survival of all 1,287 outlets and put roughly 7,500 jobs at risk. “This is the biggest threat I have known since...
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), has announced plans to introduce a new type of exploitation license, marking a significant step in modernizing the country’s regulatory framework for land-based gaming establishments. The forthcoming license is designed to bring greater structure and transparency to how gaming operations are authorized and managed. It reflects the regulator’s broader agenda to streamline the...
In a major development within the iGaming industry, Playtech has been revealed as the hidden party behind the controversial 2021 Evolution prohibited markets report, which caused significant harm to the reputation of Evolution. The Israeli private intelligence agency, Black Cube, had been hired by Playtech to craft the damaging report, leading to a lawsuit by Evolution seeking damages. The Revelation of...
InPlay Global, Inc. is preparing to make waves in both the sports and financial sectors with the development of its Performance Securities platform. The company recently appointed Troy Kane as President and Chief Operating Officer, who will be pivotal in advancing this innovative market. InPlay aims to launch the first-ever marketplace for securities tied to the real-time performance of college and...
Palasino Group, a well-known operator in the European gaming and hospitality industry, is preparing to unveil its fourth casino in the Czech Republic. The new venue, Palasino Mikulov, is expected to open its doors in the coming months, with construction progressing steadily. Located in South Moravia, close to the Austrian border, Mikulov is a popular tourist destination known for its scenic...
Boyd Gaming and the Pamunkey Indian Tribe are moving closer to opening their temporary gaming facility in Norfolk, Virginia. The interim casino, named The Interim Gaming Hall, is set to open by November 15, 2025, providing a glimpse of the full-scale resort planned for completion by late 2027. The gaming hall will be housed in a large tent structure situated between...