Skill-based social gaming company Splash Sports has successfully completed a $14.5 million Series B funding round, marking another major milestone in its mission to redefine how sports fans engage with live events. The new round, led by Dream Ventures, will help the company expand its suite of products, grow its marketing and partnership initiatives, and strengthen its presence across both...
A Leeds-based millionaire who lost 1.5 million pounds betting on football is fighting to reclaim the money in a case that could reshape how gambling firms handle high-spending customers. Lee Gibson, a 47-year-old property investor in the United Kingdom, is challenging Betfair, alleging the company should have recognized he was a problem gambler and acted sooner to prevent his financial...
Brazil’s Chamber of Deputies has removed Provisional Measure (PM) 1,303/2025 from its legislative agenda, ending a controversial push to levy retroactive taxes on gambling operators. The measure, which had been revised as an alternative to a proposed gambling tax hike, fell short of congressional support, marking a significant setback for the government’s fiscal strategy. The withdrawal vote took place on...
Chicago, Illinois, is grappling with a contentious proposal to lift the ban on video gambling terminals (VGTs) in the city, a move that could bring substantial changes to its gaming landscape. Bally’s, which is currently constructing the city’s first-ever casino at a cost of $1.7 billion, has raised alarms, warning that such a change could result in a significant loss of...
Royal Caribbean has announced a bold new feature for its highly anticipated ship, Legend of the Seas, which will debut in the summer of 2026. This Icon-class vessel will be the first in the cruise line’s fleet to feature a two-story casino, elevating the onboard gaming experience. The cruise line’s decision to expand the casino space is part of a larger trend within the...
Gregorio Araneta III, brother-in-law of President Ferdinand Marcos Jr., has announced the sale of his majority 57% stake in PhilWeb Corporation for ₱1.8 billion. The deal involves the transfer of 829.57 million common shares at ₱2.17 each to Nexora Holdings Inc. and Velora Holdings Inc., two domestic holding companies. This significant transaction marks Araneta’s exit from the gaming technology firm he acquired...
Bally’s Corporation has finalized its groundbreaking transaction with Intralot S.A., resulting in the successful acquisition of Bally’s International Interactive business by Intralot. This €2.7 billion deal merges Bally’s global digital and gaming operations with Intralot’s vast lottery infrastructure, creating one of the most formidable iGaming entities in the market today. As a result of this merger, Bally’s becomes the majority shareholder in Intralot,...
The NCAA is on the brink of implementing a landmark change that would allow student-athletes and athletic department staff to participate in professional sports betting, marking a major shift in the organization’s long-standing gambling policies. On Wednesday, the Division I Administrative Committee voted to adopt a proposal that would permit athletes and staff to place wagers on professional sports, a...
Relax Gaming has reached yet another milestone in its Dream Drop Jackpot saga, confirming the 24th Mega Jackpot win since the product’s inception. A lucky Finnish player secured an impressive €1,966,051 prize from a €1 wager while playing Net Gains Dream Drop at Simppeli, an online casino managed by Casimba Gaming on the White Hat Gaming platform. This latest success...
Pennsylvania Gaming Control Board (PGCB) Executive Director Kevin O’Toole has formally alerted the state’s congressional delegation about the growing risks posed by sports betting prediction markets. In a letter dated October 3, O’Toole described these markets as a “significant threat” to the Commonwealth’s gaming industry, emphasizing that their federal classification as financial derivatives could undermine established state regulations. As one...