Author: newsnet5

Introduction of Blockchain-Based Keno in Colombia Colombia’s gambling regulator, Coljuegos, has approved the operation of a new Keno game that utilizes blockchain technology. This initiative marks one of the earliest blockchain-supported lottery games in Latin America. The government anticipates that this innovative game will contribute over COP 485 billion (around $125 million) to public healthcare […]

Evolution’s Legal Victory in US Securities Case Evolution AB, the prominent Swedish gaming company, has successfully concluded a major legal dispute in the United States. On September 5, 2023, the US District Court for the Eastern District of Pennsylvania ruled in favor of Evolution by dismissing a prolonged securities fraud lawsuit brought by investors. This […]

Richard Desmond Pursues £1.3 Billion Claim Against UK Gambling Commission Billionaire media figure Richard Desmond is demanding a court assess his claim for damages amounting to approximately £1.3 billion (around $1.58 billion) against the United Kingdom Gambling Commission (UKGC). If successful, the payout could ultimately fall to taxpayers to cover. The Background of the Legal […]

Splash Sports Secures Significant Funding to Grow US Operations Splash Sports, a prominent platform in skill-based social sports gaming, recently completed a Series B funding round, successfully raising $14.5 million. This capital infusion is aimed at boosting the company’s growth and expanding its reach throughout North America. Details of the Investment and Strategic Partnerships The […]

Fast Track Confirms Cyberattack and Damage Control Fast Track, a customer relationship management (CRM) company utilizing artificial intelligence and real-time data to enhance player interaction for iGaming operators, recently addressed a cyberattack issue. The company assured that the breach was limited in scope and that all affected parties have been notified promptly. Details of the […]

Concerns Raised Over Chicago’s Video Gambling Ban Lift Bally’s Corporation has voiced strong concerns regarding Chicago’s consideration to lift its longstanding ban on video gambling terminals. The company warns that removing this prohibition could result in significant job reductions and a substantial drop in city revenue. Background on Chicago’s Video Gambling Ban For many years, […]

Overview of the Incident A woman named Regina Valenzuela in Las Vegas was taken into custody on Monday, September 29, at the Clark County Detention Center. She is accused of stealing over $113,000 from an armored vehicle while working for the security company responsible for transporting funds to local casinos. Details of the Theft The […]

Matchup Overview On October 11, 2025, the San José State Spartans (2-3) will face the Wyoming Cowboys (2-3) in a Mountain West Conference clash that pits two teams of similar records and recent struggles against one another. This game is set for a 7:00 PM EDT kickoff, with Wyoming slightly favored at +1.5 and the […]

Araneta Sells Majority Interest in Gaming Company PhilWeb Gregorio Ma. Araneta III has exited his investment in the gaming technology sector by selling his controlling 57% stake in PhilWeb Corp. His investment firm, Gregorio Araneta Inc., completed the sale to two Filipino holding companies, Nexora Holdings Inc. and Velora Holdings Inc., for a sum of […]

The Brazilian government is facing renewed budget challenges following the lapse of Provisional Measure (MP) 1.303, which occurred after the Chamber of Deputies failed to act on the legislation this week. This development disrupts a significant tax reform that would have increased taxes on online betting, financial assets, and fintech companies. The government now confronts […]