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...
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...