Federal prosecutors are urging a California judge to impose a prison sentence far below federal guidelines for bookmaker Mathew Bowyer, whose gambling operation reached high-profile clients and drew scrutiny to major Las Vegas casinos. Bowyer, 50, pleaded guilty last year to charges that included running an unlawful sports betting business, money laundering, and filing a false tax return. Prosecutors argue...
India’s Parliament has passed the Promotion and Regulation of Online Gaming Bill, 2025, introducing a nationwide ban on money-based online games while formally recognizing and promoting e-sports. The legislation, which only awaits presidential assent to become law, marks a major shift in India’s digital gaming environment and carries serious implications for a sector valued at billions of dollars. Ban on Money-Based Games...
Aristocrat Leisure Limited’s social gaming division, Product Madness, has officially released NFL Super Bowl Slots, the first-ever NFL-licensed free-to-play social casino mobile game. Launched globally on August 21, the game marks a major step for the NFL into the social casino space, bringing together sports excitement and slot gaming in one immersive mobile experience. Developed in partnership with both the National Football League (NFL) and...
South Korea’s customs authorities have broken up a major illegal remittance scheme that funneled massive sums of money overseas to support gambling activities in the Philippines. The Korea Customs Agency (KCA) confirmed on Thursday that 10 individuals have been apprehended and turned over to the Seoul Central Prosecutors’ Office on charges related to the unauthorized transmission of foreign exchange. Major Underground Network Exposed Investigators found that the group...
DraftKings has announced it will remove credit cards as a payment option for its sportsbook and online casino customers across the United States, with the policy taking effect on August 25. The Boston-based operator said the change is intended to enhance the customer experience and protect players from financial risks often tied to credit card deposits, such as high-interest rates and cash advance fees. Compliance Issues and Recent...
Robinhood Derivatives, the derivatives arm of trading platform Robinhood, has launched legal action against gaming regulators in Nevada and New Jersey. The company is asking the courts to block both states from pursuing potential enforcement measures tied to its sports event contracts. In lawsuits filed Tuesday, Robinhood argued that it had entered the event contracts market only after federal courts...
A charitable gaming operation held at Toronto’s Canadian National Exhibition (CNE)—known as the CNE Casino—has initiated an appeal in Federal Court after being penalized nearly $200,000 by the federal anti‑money laundering watchdog, FINTRAC. The case stems from the charity casino’s failure, in FINTRAC’s view, to maintain adequate risk assessment procedures and to carry out a required biennial effectiveness review of its compliance program. Each...
On Wednesday, August 20, the Ho‑Chunk Nation initiated legal proceedings in the U.S. District Court for the Western District of Wisconsin, claiming that Kalshi Inc. and Robinhood Markets are facilitating illicit sports gambling on tribal lands. The complaint describes Kalshi’s platform as a vehicle where users can “trade on the outcome of real‑world events,” offering “yes” or “no” selections on everything from sports matchups to political forecasts. Under the Indian Gaming Regulatory Act (IGRA),...
The intense battle for control of PointsBet has reached a pivotal moment as MIXI Australia raised its all-cash takeover bid to AU$1.30 per share. This upgraded price will only apply if MIXI secures at least 90% ownership of the company; otherwise, shareholders will receive AU$1.25 per share. Alongside the revised offer, MIXI has extended the deadline for acceptances to August 29, noting that no additional extensions will be...
When the Bangko Sentral ng Pilipinas (BSP) directed e‑payment services to “delink” from online gambling platforms, in-app icons and access points were swiftly removed. Over the weekend, e-wallets like GCash and Maya complied with the order by the August 17 deadline. In the following days, PAGCOR—the Philippine Amusement and Gaming Corporation—observed a 50% decline in online gaming transactions on authorized platforms, signaling an immediate market shift. “From Sunday to yesterday, online gaming transactions...