PhilWeb Corporation has teamed up with Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the operator behind Okada Manila to introduce a new online gaming platform called Okada Play. The agreement is seen as a significant step in expanding Okada Manila’s reach in the digital gaming sector and reflects broader trends in the convergence of land-based and online gaming. PhilWeb’s Role...
New Jersey’s gambling industry extended its strong run in February, surpassing the $500 million mark for the twelfth month in a row as online platforms continued to drive overall growth. Data released by the New Jersey Division of Gaming Enforcement showed total gaming revenue reached $520.8 million, representing a 7.4% increase compared with $484.8 million recorded in the same month...
Massachusetts lawmakers have decided to hold off on legalizing online casino gaming, choosing instead to study the issue further and revisit it in the next legislative session. On Monday, the Joint Committee on Economic Development and Emerging Technologies voted unanimously, 11-0, to send House Bill H 4431 to study. The decision effectively halts any chance of authorizing online casino gaming...
Arizona authorities have escalated their dispute with prediction market platform Kalshi by filing criminal charges, marking a significant development in an ongoing legal conflict over the company’s operations in the state. The Arizona Attorney General’s Office announced Monday that it had brought a 20-count misdemeanor indictment against KalshiEx LLC and Kalshi Trading LLC. Officials allege the companies have been running...
The Wisconsin State Senate has passed legislation that could legalize online sports betting in the state, sending the bill to Governor Tony Evers for potential approval. The measure, Assembly Bill 601, was approved with a 21-12 vote after passing the Assembly by voice vote in February. The bill allows residents to place wagers via mobile or electronic platforms operated under...
Two Democratic lawmakers introduced legislation on Tuesday, March 17, aimed at restricting wagers on sensitive government events, including military operations and acts of terrorism. The proposal, known as the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act, would prohibit online prediction markets from offering contracts related to government actions, assassinations, wars, or any event where a single individual...
Crown Resorts has announced plans to cut 200 positions at its Melbourne property, citing ongoing economic pressures and regulatory requirements. The Melbourne casino employs roughly 13,500 staff, and the company emphasized that this decision is part of broader measures to ensure the long-term sustainability of its operations. “Impacting roles is never a decision taken lightly, but these proposed changes are necessary...
A Buenos Aires court has issued a nationwide order blocking access to Polymarket, one of the world’s largest prediction market platforms. The ruling also mandates that Google and Apple remove the platform’s applications from their stores across Argentina. The decision marks the first time a Latin American country has taken such measures against a crypto-based prediction market, highlighting increasing regional regulatory...
Massachusetts regulators have imposed financial penalties on several major sports betting operators after identifying multiple compliance failures tied to prohibited wagering markets. The Massachusetts Gaming Commission (MGC) approved eight separate civil penalties totaling $80,500, affecting five licensed operators: BetMGM, Caesars, DraftKings, Fanatics, and FanDuel. The violations, which were disclosed by the operators themselves, span a period beginning in September 2023...
Virginia lawmakers have brought efforts to legalize online casino gambling to a halt after failing to reach a final agreement before the legislative session ended. The decision followed months of debate and came despite earlier approvals of related bills in both chambers of the General Assembly. The proposal, which would have allowed casino-style gaming on mobile devices with continuous access,...