Recently, the US prediction market platform Kalshi faced a class action lawsuit, which pushed the debate over whether "event contracts" are considered gambling directly to federal court. The plaintiffs come from six states, and their core accusation is interesting: they claim that market makers on t
Almost everyone who has gambled in a casino shares a common experience: initially winning smoothly upon entering, but ending up losing so badly that they question their life choices.This situation is actually quite "normal," and the root cause is not luck, but a deeper psychological fallacy: gambl
Indiana's legislature recently proposed a new bill aimed directly at introducing a brand-new casino in Allen County in the northeast of the state. The "House Bill 1038," submitted by State Representative Craig Snow, not only sets a minimum investment threshold of $500 million for potential operators
The Curacao Gaming Authority (CGA), aimed at regulating the offshore gambling industry, has now become the subject of investigation itself. The authority is facing a criminal investigation due to alleged "regulatory breaches," casting significant uncertainty on Curacao's efforts to establish a trans
Genting Bhd's full acquisition plan for its subsidiary Genting Malaysia did not go as planned. After nearly two months of effort, the parent company only managed to increase its shareholding to 73.13%, failing to reach the critical threshold of 75% required to initiate delisting, leaving this acquis
PENN Entertainment and sports betting technology provider Kambi Group recently announced that they have officially extended their long-term retail sports betting partnership. The agreement, originally set to expire on December 31, 2025, will now continue until July 31, 2027. This extension covers th
Virginia's sports betting market reached a milestone in October 2025. According to data released by the state lottery, the total sports betting handle for the month was a record $831.6 million, not only breaking the state record but also showing a significant increase of 9.3% from the previous high
Golden Matrix Group, an online gaming platform provider, announced that its CEO, Brian Goodman, who has been in office for nearly ten years, will soon step down. The current Chairman of the Board, William Scott, will take over as interim CEO and will also be responsible for leading the committee to
A joint police operation across Spain and Sweden successfully dismantled a violent criminal network involved in illegal gambling. Coordinated by the European Union law enforcement agency Europol, nearly 150 police officers conducted simultaneous raids at multiple locations in both countries at the e
After maintaining a national gambling monopoly for over twenty years, Finland is finally ready to say goodbye. As the diversion rate falls below 50% and the revenue contribution from the state-owned giant Veikkaus is halved, this Nordic country is steadily moving towards Europe's latest licensing ma
Today's iGaming industry is playing out a fascinating "Tale of Two Cities." On one side, there are regulated markets that adhere to rules, hold licenses, and have clear banking channels; on the other side are unregulated domains that primarily use cryptocurrency payments, act swiftly, and bear minim
In the past, we thought that simply cutting clips was equivalent to attracting traffic, but it was only after entering actual combat that we discovered—Facebook Reels has evolved three different traffic growth forms in the video domain, each with its own mechanism, conversion path, and goals.Mature
In the UAE, where gambling regulations are still unclear, the country's only licensed lottery operator, Momentum, has quietly launched two fully-featured online gaming platforms—TrueWin and Dream Island. These platforms offer services including live dealers, roulette, poker, slot machines, and betti
Australia's Crown Casino in Sydney recently fell victim to a sophisticated high-tech cheating scandal. A couple from Kazakhstan was accused of using hidden cameras, modified phones, and concealed earpieces to illegally profit over 1.17 million Australian dollars at the gaming tables. The case is not
After months of preparation, the sports betting market in Missouri, USA, officially opened at midnight recently, making the state the 39th jurisdiction in the US to legalize sports betting. Eligible residents and visitors can now place bets through online platforms and designated physical locations,
The latest data from the Macau Gaming Inspection and Coordination Bureau shows that the gross gaming revenue (GGR) for the entire industry in November reached 21.09 billion Macau patacas (approximately 2.63 billion US dollars). Although it has fallen from the peak of the year in October, it still ac
