Spain’s black-market online gambling activity is far more widespread than officials previously understood, according to a comprehensive new assessment released by EY. The research, presented by the Spanish online gaming association JDigital, marks the first time analysts have assembled a detailed picture of how deeply unregulated operators have penetrated the country’s digital wagering landscape. The EY report, based on an...
The Abu Dhabi Turf Club (ADTC) is finalizing preparations for the 33rd edition of the President of the UAE Cup for Arabian Purebred Horses, which will take place on December 6 as part of a 16-race season lineup. Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan—Vice President of the UAE, Deputy Prime Minister, Chief of...
PENN Entertainment’s prolonged battle with activist investor HG Vora has taken another turn after an independent Special Litigation Committee (SLC) concluded the company’s board acted appropriately and “in good faith” during last year’s heated proxy showdown. The committee’s findings, filed in federal court on November 26, detail why it believes PENN’s leadership neither violated fiduciary duties nor mishandled the decision...
Kalshi, a prominent prediction market platform, is facing a significant legal challenge in the form of a class action lawsuit. The suit, filed in the Southern District of New York, accuses the company of operating an unlicensed sports betting platform that deceives consumers into thinking they are participating in a peer-to-peer market, when, in reality, they are betting against Kalshi itself. The...
The United Arab Emirates (UAE) has taken a significant step in expanding its regulated gaming market with the recent launch of Play 971, the first fully licensed iGaming site in the country. The platform, which went live in late November 2025, has been licensed by the General Commercial Gaming Regulatory Authority (GCGRA). This marks a historic milestone for the region, introducing...
The Malta Gaming Authority (MGA) has issued a stern warning regarding two online gambling platforms—lavbet321.com and kasinoseta.com—which are falsely claiming to be licensed by the MGA. The regulator has clarified that these sites are not authorized to offer gaming services in Malta and that any assertions suggesting they are linked to the MGA are completely false and misleading. MGA Highlights Growing Risk...
Bank of America has raised concerns about a growing financial risk posed by the rapid expansion of prediction markets and online sports betting in the United States. The bank’s global research team highlighted the increasing prevalence of these markets and platforms, noting that they are attracting new risks for consumers and lenders alike. Particularly vulnerable groups, such as young men and low-income...
November 17–23, 2025, marked Safer Gambling Week across the UK and Ireland. The campaign places a strong emphasis on raising awareness of safe play. It highlights support services for players. The outcome of this campaign is expected to last long with all the parties concerned. Here are the top takeaways and what’s new this year, especially in Ireland. New Digital...
The upcoming Thanksgiving stretch is shaping into one of the most significant betting windows the U.S. sports wagering market has seen, fueled by marquee NFL pairings and expanded legalized sports betting coverage across 38 states. Both sportsbooks and analysts expect exceptional activity on Thursday and Friday, with several matchups aligning in a way that could create record-setting wagering volume. Momentum Builds...
The UK gambling sector is preparing for the most dramatic reshaping of its tax environment in years after official documents released in error confirmed sweeping increases affecting online casinos and sports betting operators. Chancellor Rachel Reeves has now formally committed to the changes, which will come into force across 2026 and 2027 and elevate the UK’s remote gambling tax rates to levels...