The Malta Gaming Authority recently named and warned lavbet321.com and kasinoseta.com for posing as MGA licensed operators without actual authorization. The Authority reminds players that such unlicensed platforms pose significant risks, lacking consumer protection mechanisms and potentially leading
Bank of America recently issued a warning, stating that the rapid expansion of prediction markets and online sports betting could pose new financial risks, especially affecting young men and low-income consumers more significantly. Studies have shown that in states where gambling is legalized, the a
PENN Entertainment's proxy battle with activist investor HG Vora has made new progress, as an independent committee determined that the board acted with integrity and in the company's best interest when it reduced the size of the board last year. This year-long corporate conflict may be nearing its
The Abu Dhabi Lawn Club is making final preparations for the 33rd UAE President's Cup Purebred Arabian Horse Race on December 6th, sponsored by Vice President Sheikh Mansour. This event is considered the pinnacle of global purebred Arabian horse racing, with significant activity. The total prize mon
The well-known prediction market platform Kalshi recently got into big trouble, facing a class action lawsuit in the Southern District of New York Federal Court, accused of operating an unlicensed sports betting platform and misleading consumers. The plaintiffs claim that users are actually gambling
The Swedish government recently appointed Erik Eldhagen as the national secretary, responsible for overseeing the domestic gambling industry, and he will also oversee financial markets, state-owned assets, and new energy financing. This new official comes from the International Secretariat of the Sw
Flutter has made significant efforts in the Brazilian market, acquiring a 56% stake in NSX, the parent company of the well-known local brand Betnacional, and instantly gaining 11% market share along with valuable local experience. Now, they are combining global technological strength with localized
South Africa's Treasury has recently proposed a significant draft, planning to impose a 20% national tax on the total revenue of online gambling, which would bring the total tax rate for online operators to 26% to 29%, a considerable move. Although physical casinos currently only pay a provincial ta
H2 Gambling Capital's latest analysis shows that the planned gambling tax increase in the UK may only bring about an additional £800 million in tax revenue, which is less than half of the Treasury's expected £1.6 billion. The report points out that changes in player behavior and the expansion of th
In the fast-paced field of the gaming industry, which pursues performance and innovation, male mental health is often overlooked. This month, we heard four men bravely share their true stories—from addiction recovery and entrepreneurial stress to identity recognition and brotherhood, each story tell
Missouri will officially launch legal sports betting on December 1st, but Underdog, originally highly anticipated, withdrew its operating license application at the last minute, shifting its focus to the less regulated prediction market. Now, eight operators are ready to go online, including well-kn
Despite a slight decrease in revenue for the first three quarters and a net loss of 3.1 million euros, the management of Intralot remains confident, stating that they are fully capable of achieving the annual financial targets. The company pointed out that strong foreign exchange fluctuations are t
Same-Game Parlay (SGP) is now a hot topic in the sports betting field, allowing players to combine multiple outcomes in one game, turning a small bet into a potential high return story. For operators, this thing is simply a profit-making machine, able to pull the profit margin from single digits of
The UAE has recently welcomed its first fully GCGRA-licensed online gambling site, Play 971, marking a significant step in local regulation of the gambling market. The site is currently in trial operation in Abu Dhabi and Ras Al Khaimah, with an official launch expected in the first quarter of 2026.
Investment firm CLSA recently released a report that is quite optimistic about the future trend of Macau's gaming industry, predicting a 5% increase in overall gaming revenue by 2026. The main basis is the strengthening of the RMB against the US dollar, coupled with good performance in domestic indu
Massachusetts had a booming sports betting performance in October, with a total betting amount reaching $892.2 million, an 11.5% increase month-over-month and a 19.3% surge compared to last October, easily setting a new monthly record. Online betting accounted for the majority, amounting to $879.2 m
