The Supreme Court of India has agreed to hear a public interest litigation (PIL) seeking a nationwide ban on online gambling and betting platforms that allegedly pose as social or esports games. The petition, filed by the Centre for Accountability and Systemic Change (CASC) and activist Shourya Tiwari, urges the government to address what the petitioners describe as a growing...
A growing investigation by federal authorities and the NCAA is revealing alarming details about a suspected gambling operation that allegedly influenced betting activity on men’s college basketball games last season. Documents obtained by ESPN show that a network of bettors repeatedly wagered large sums against specific small-conference teams in at least 11 games between December 2024 and mid-January 2025. The...
Chicago Mayor Brandon Johnson has proposed a 10.25% local tax on adjusted gross sports betting revenue as part of his 2026 city budget. The new measure aims to generate approximately $26 million annually and help close the city’s $1.15 billion budget gap—without raising property taxes. The proposal, included in Johnson’s $16.6 billion “Protecting Chicago Budget,” would take effect on January 1, 2026, if enacted...
As U.S. iGaming expansion continues to stall, sweepstakes casinos are filling the void—emerging as one of the fastest-growing and most debated segments of the online gambling industry. The June update from Waterhouse VC highlights how this legally murky model is attracting both players and investors, with revenues soaring and competition intensifying. Sweepstakes Outpacing Regulated iGaming Waterhouse VC, a venture capital...
In a significant move in the ongoing legal battle between Aristocrat and Light & Wonder, a Nevada court has ruled in favor of Aristocrat’s renewed motion to obtain discovery of math models for Light & Wonder’s Hold N’ Spin games released since 2021. This decision continues the litigation that began when Aristocrat accused Light & Wonder of misappropriating its trade secrets to...
Sri Lanka is moving forward with plans to create its new Gambling Regulatory Authority (GRA), a step that aims to enhance oversight of the country’s rapidly growing gaming industry. The national government has set a target to have the GRA fully operational by June 30, 2026, after recent discussions in Parliament. This milestone follows the passage of the Gambling Regulatory Authority Bill...
Despite facing significant obstacles in the competitive casino race, SL Green Realty’s CEO Marc Holliday remains optimistic about the future of their $5.4 billion Times Square casino proposal. This optimism follows the company’s disappointing rejection by the community advisory committee, which recently voted against the development plan. Casino Race Continues Despite Setbacks The proposed casino, located at 1515 Broadway in the...
Online entertainment has undergone a remarkable transformation in recent years, with platforms rapidly evolving to meet changing user expectations. From live streaming to interactive media, the landscape is more dynamic than ever. This article explores the trends, technologies, and strategies driving the next wave of online engagement, offering a comprehensive look at how entertainment platforms are redefining user experiences worldwide....
Attorney Tom Goldstein, co-founder of SCOTUSblog and a seasoned Supreme Court advocate, has suffered another major legal blow ahead of his upcoming trial. A federal judge rejected his bid to exclude statements he made about nearly $1 million in cash he carried into the United States in 2018, allowing prosecutors to present the disputed evidence in court. Judge’s Ruling on Suppression and...
Cryptocurrency exchange Kraken has deepened its foothold in the U.S. derivatives sector through a $100 million acquisition of Small Exchange, a designated contract market (DCM) regulated by the Commodity Futures Trading Commission (CFTC). The move marks a significant step toward building a fully U.S.-based derivatives ecosystem that aligns with the exchange’s global ambitions. The purchase from IG Group gives Kraken...