Former NBA player Damon Jones appeared in federal court on charges of involvement in illegal sports betting and poker cases, pleading not guilty to multiple charges. The case involves several basketball figures, including coaches and players, and the NBA has discussed gambling integrity issues with
Google Finance recently announced that it will incorporate prediction market data from Kalshi and Polymarket into its platform, which is an important part of its artificial intelligence feature upgrade. This move allows investors to access predictions on future market events through collective intel
Minnesota Attorney General Keith Ellison recently took enforcement action against 14 foreign sports betting and casino websites, issuing cease and desist notices to curb illegal online gambling activities. This action targets unregulated operators, emphasizing their violation of state laws and consu
The Intermediate People's Court of Shenzhen, China, sentenced five members of a transnational gambling crime syndicate to death. The case involved huge amounts of money and multiple serious crimes. The main culprits, Bai Suocheng and his son Bai Yingcang, were punished for crimes including murder an
Due to failing to achieve market share targets, Penn Entertainment has terminated its partnership with ESPN Bet ahead of schedule and plans to relaunch theScore Bet sports betting platform in the United States. This change stems from underperformance, and both parties agreed to end the originally pl
The 2025 election results have a profound impact on the American gaming industry, with key state election outcomes determining the issuance of casino licenses, tax adjustments, and regulatory directions, involving areas such as New York, New Jersey, Texas, and Pennsylvania.New York City Mayor Elec
The French Casino Association recently opposed the view that the legalization of online casinos could reduce illegal activities and increase tax revenue, pointing out that it may cause public financial losses and emphasizing the employment and social value of physical casinos. The association refute
Brazil's state-owned bank Caixa has delayed the launch of its gambling business due to political pressure, highlighting contradictions in Brazil's regulatory system and sparking widespread discussion about market competition and the bank's potential. Experts note that the delay could affect the stab
The United Arab Emirates Gaming Control Board (GCGRA) has recently undergone personnel changes, with former CEO Kevin Mulally resigning due to family reasons, and the position being temporarily filled by the chairman of the board, Jim Mullen. During his tenure, Mulally established a regulatory frame
Genius Sports recently announced its third-quarter financial results, with revenue increasing by 38.2% to $166.3 million, marking the best growth record since 2022. Despite a net loss due to foreign exchange losses and increased operating expenses, the company has raised its full-year revenue and ad
At the APEC summit, Indonesian President Prabowo emphasized that illegal online gambling poses a serious threat to national economy and social stability, and urged the international community to strengthen cooperation to address this challenge. He pointed out that gambling activities lead to massive
Kambi Group recently reached an agreement to acquire OMEGA Systems to enhance its Player Account Management (PAM) platform capabilities. The deal will focus primarily on the Nevada sports betting market and may bring new opportunities to other jurisdictions, while the company announced its third-qua
Italian operator Lottomatica achieved significant revenue growth during the nine-month reporting period, mainly benefiting from the strong performance of its online business and a prudent acquisition strategy. The company's revenue reached 1.64 billion euros, a year-on-year increase of 16%, with the
The Federal Court of Accounts (TCU) in Brazil recently found that before the ban in January this year, over a quarter of the funds from the Bolsa Família program were spent on gambling, totaling 3.7 billion reais. This highlights the urgency of monitoring the use of these funds.Research Data and
The UK Treasury is considering a significant increase in remote gambling tax, with rates potentially as high as 50%, posing a survival threat to high street betting companies. The industry warns that the tax hike could lead to numerous shop closures, increased unemployment, and trigger economic and
The UK Gambling Commission has imposed a fine of £650,000 on NetBet Enterprises Limited for failing to fulfill anti-money laundering and social responsibility obligations during the period from 2023 to 2024. The regulatory body found systemic deficiencies in NetBet's risk assessment, customer monito
