The upcoming NCAA basketball tournaments are projected to generate unprecedented wagering activity in the United States, with analysts forecasting billions of dollars in bets during the annual March Madness event. According to research from H2 Gambling Capital, sportsbooks across the country could accept roughly $4 billion in wagers on the men’s and women’s tournaments this year. That estimate represents an...
Underdog, a company that began as a fantasy sports platform, announced Monday that it has acquired the designated contract market (DCM) and derivatives clearing organization (DCO) units of Aristotle Exchange. The move gives the sports gaming operator regulatory infrastructure needed to operate its own prediction market exchange under oversight from the U.S. Commodity Futures Trading Commission (CFTC). Financial terms of...
Great Canadian Entertainment and the SE-MI-AH-MU Development Corporation have signed a definitive agreement for the sale of Elements Casino Surrey, setting up Semiahmoo First Nation to enter British Columbia’s casino sector through a property located within its traditional territory. The transaction still requires financial commitments, customary closing conditions, regulatory approvals, and consent from the City of Surrey, which owns the underlying real...
Kangwon Land has begun a large-scale renovation of its hotel facilities as part of a broader effort to strengthen its resort infrastructure and prepare for future expansion. The South Korean operator announced the launch of a KRW200 billion investment program focused on modernizing accommodation within its integrated resort complex. The project will cover hundreds of guest rooms across multiple buildings...
Brazilian President Luiz Inácio Lula da Silva has called for legislation that would prohibit online casino games in the country, raising questions about the future of Brazil’s recently regulated digital gambling market. The remarks came during a national radio and television address connected to International Women’s Day, where Lula discussed the social and financial consequences of gambling. The president used...
Major League Soccer has issued lifetime bans to former players Derrick Jones and Yaw Yeboah after determining that both violated the league’s gambling policy. The disciplinary action followed an investigation into betting activity linked to the two players during the 2024 and 2025 seasons. Investigation Triggered by Betting Alerts League officials began reviewing the matter after suspicious betting alerts surfaced...
Goa’s government has proposed a major increase in the cost of opening new casinos, part of a wider set of measures outlined in the state budget for the 2026–27 fiscal year. Chief Minister Pramod Sawant presented the plan in the Goa Legislative Assembly on March 6, introducing changes aimed at adjusting oversight of the gaming industry while generating additional revenue....
Kentucky lawmakers have introduced legislation that could reshape several aspects of the state’s gambling framework, including raising the minimum age for sports wagering and restricting certain types of bets on college athletes. The proposal, known as House Bill 904, was introduced on March 4 by Representatives Michael Meredith of Oakland and Matt Koch of Paris. If adopted, the measure would...
The Star Entertainment Group has announced another leadership change within its Australian resort operations, appointing industry veteran Dave Whimpey as Chief Operating Officer and Interim Chief Executive Officer of The Star Brisbane. The role will take effect subject to regulatory approval, according to the company. The appointment forms part of a broader restructuring of the company’s executive team as it...
Sky River Casino in Elk Grove, California, has opened a newly expanded gaming floor, marking a major milestone for the property as it grows toward a full-scale resort destination planned for later this decade. The latest addition introduces a 20,000-square-foot gaming area that increases capacity and enhances the overall arrival experience for visitors. The expansion coincides with the near completion of...