In a move that could shake up Nevada’s gaming industry, Resorts World Las Vegas is set to pay a hefty $10.5 million fine to the state for allowing illegal bookmakers to gamble millions of dollars at the casino. The fine, which is poised to be the second-highest in state history, comes in response to a detailed complaint filed by Nevada gaming regulators. The fine...
Ontario’s iGaming market experienced a noticeable downturn in February, as total revenue for the month fell by 15% compared to January, according to figures released by iGaming Ontario. After setting new records in January for both online casino and sports betting revenue, February’s results showed a significant cooling off in the market. The total revenue dropped from CA$327.9 million in January to CA$280.1 million in February, marking a 15%...
The Dutch gambling regulator, Kansspelautoriteit (KSA), has launched an investigation into the promotion of illegal gambling sites through magazines and online newspapers. This action follows reports of articles encouraging readers to engage in gambling activities without using Cruks, the Dutch self-exclusion register. The KSA’s research, conducted over the past six months, uncovered multiple instances of media outlets promoting unlicensed gambling services, a practice that poses significant...
The Dutch Lottery, operator of well-known brands like Staatsloterij and TOTO, has filed a lawsuit against the Costa Rica-based gambling provider Lalabet, accusing it of illegal operations within the Netherlands. This lawsuit highlights ongoing issues with unlicensed gambling sites that skirt Dutch regulations, offering services without adhering to the strict laws set in place for legal gambling operators. The Dutch...
A Texas woman who won an impressive $83.5 million from the February 2025 Lotto Texas drawing has yet to receive her prize, as state authorities pause the payout process amid an ongoing investigation into the circumstances surrounding her win. The woman, who has chosen to remain anonymous, used the Jackpocket app to purchase her ticket, a service that allows users...
A recent 10-hour disruption in Germany’s sports betting market has highlighted vulnerabilities in the country’s regulatory infrastructure. On March 15, a critical IT system failure halted operations for licensed sports betting providers, preventing customers from making deposits and registering new accounts. The outage raised significant concerns within the gambling industry, particularly regarding the potential shift of bettors to illegal, unregulated platforms during this downtime. The cause...
UFC, the world’s leading mixed martial arts organization, has officially entered into a new partnership with NetBet, a prominent online gambling platform. As the Official Sportsbook and Betting Partner, NetBet will now have a strong presence across several key European markets, including the UK, Ireland, Greece, Italy, and Romania. The collaboration, set to launch with the UFC Fight Night: Edwards vs. Brady...
The Philippine gaming sector has demonstrated remarkable resilience and growth, posting a significant 25% increase in Gross Gaming Revenue (GGR) to Php410 billion in 2024, despite the stringent regulatory measures against Philippine Offshore Gaming Operators (POGOs). This was highlighted by Alejandro H. Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), at the prestigious ASEAN Gaming Summit. Robust growth across sectors: The traditional brick-and-mortar casinos continued to play...
Austria’s gaming industry faces potential upheaval as Casinos Austria braces for significant operational changes due to upcoming tax increases. Erwin van Lambaart, the General Director of Casinos Austria, expressed concerns about the sustainability of their smaller casinos under the new fiscal policies enacted by the federal government. Impact of increased taxes on casino operations: Starting April 1, 2025, the betting tax will rise from 2% to...
Sportradar, a leading sports data and technology provider, has made a significant move in the sports betting industry by entering into a deal to acquire IMG Arena, a division of Endeavor Group. The $125 million acquisition, which is expected to close by the end of 2025, will expand Sportradar’s portfolio with high-demand sports betting rights and content. This deal positions...