Thai authorities have dismantled a major illegal gambling operation in Bangkok, arresting more than 200 individuals in a raid that revealed monthly revenues exceeding THB500 million (approximately $14.6 million). Acting Prime Minister and Interior Minister Phumtham Wechayachai announced the results of the high-profile crackdown late on August 27, following weeks of covert surveillance. Large-Scale Raid Exposes High-Value Gambling Hub The operation, code-named “Taming the Lion,” followed a...
Pennsylvania’s gambling market has set a new benchmark, with the Pennsylvania Gaming Control Board (PGCB) reporting a historic $6.39 billion in combined revenue for the 2024/25 fiscal year. The figure, which surpasses the $5.89 billion achieved in 2023/24, reflects growth across multiple verticals, including slot machines, iGaming, table games, sports wagering, video gaming terminals (VGTs), and fantasy contests. The state’s fiscal year runs from July 1...
Resorts World Catskills has struck a deal worth over half a billion dollars to transfer ownership of its non-gaming properties to a newly formed local development corporation in Sullivan County. Officials say the move will help the casino stabilize its finances, safeguard jobs, and unlock new opportunities for regional economic growth. The agreement, valued at more than $525 million, covers...
India’s online gaming industry, once seen as a booming sector backed by major global investors, has been thrown into turmoil following the government’s sweeping ban on money-based online games. A23, one of the country’s leading operators known for hosting rummy and poker platforms, has launched the first legal challenge against the new legislation in the Karnataka High Court, arguing that the law unfairly targets...
DraftKings, the online sportsbook that denied an Iowa man $14.2 million in golf tournament winnings, says it acted appropriately when it voided his wagers. DraftKings Inc. and its Iowa-licensed subsidiary, Crown IA Gaming, contend that their rules allow the cancellation of bets in cases of error. The dispute stems from a lawsuit filed by Dallas County resident Nicholas Bavas, who...
Nevada regulators are preparing to loosen restrictions on casino salons, private gaming rooms designed to cater to high-value patrons, in an effort to reverse slowing tourism and keep the state competitive. The Nevada Gaming Control Board (NGCB) has endorsed a sweeping set of amendments (pdf) to its two-decade-old salon rules. These changes—now awaiting a final vote from the Nevada Gaming...
Reef Casino Trust (RCT) has confirmed that it has accepted a revised takeover proposal from Iris Cairns Property Pty Ltd, with the updated offer valuing each unit of the trust at A$3.87, an increase from the original A$3.72 offer. The higher bid now values the total equity of the trust at approximately A$192.7 million. The agreement follows amendments to the Takeover Bid Implementation Agreement (TIA) between Reef Corporate...
Nevada Rep. Dina Titus is intensifying efforts to reverse a controversial tax change impacting gamblers across the United States. On Wednesday, August 27, the co-chair of the Congressional Gaming Caucus announced that she has filed her Fair Accounting for Income Realized from Betting Earnings Taxation Act (FAIR BET Act) as an amendment to the 2026 National Defense Authorization Act (NDAA), a legislative strategy that significantly boosts...
The Victorian government has granted Crown Melbourne an additional two years to implement mandatory carded play across its table games, moving the deadline from December 2025 to December 2027. The extension, outlined in legislation introduced by Police Minister Anthony Carbines, has triggered renewed debate about the state’s commitment to gambling reform and anti-money laundering measures. Extended Timeline and Government’s Justification Mandatory carded play, one of...
Las Vegas, long celebrated as an affordable playground for travelers, is facing a downturn in visitor numbers as rising costs and controversial resort fees discourage tourists. For the first half of 2025, visitation fell by 7.3 percent compared with the same period in 2024, marking the steepest decline in years. June recorded an 11 percent year-over-year dip, while July is...