Author: newsnet5

SkyCity Initiates Trading Halt to Prepare for Important Announcements SkyCity Entertainment Group Limited, a prominent tourism, leisure, and entertainment company operating in New Zealand and Australia, has officially requested a trading halt. This pause is set ahead of the release of its financial results for the fiscal year ending June 30, 2025, and is intended […]

Robinhood Takes Legal Action to Defend Its Business Interests Robinhood, a platform known for prediction markets, has initiated lawsuits against regulatory authorities in New Jersey and Nevada. This legal move comes as these states threatened to prohibit Robinhood’s products, citing regulatory concerns. Disputes Over Classification of Robinhood’s Offerings Earlier this year, officials in New Jersey […]

India Moves Toward a Total Online Gambling Ban India is on the verge of enforcing a comprehensive ban on all online gambling activities. This initiative is part of a newly proposed law called the Promotion and Regulation of Online Gambling Bill, which aims to halt online gambling across the country. Details of the Draft Bill […]

Novomatic Submits a Renewed Acquisition Proposal for Ainsworth Recently, Novomatic responded to criticisms from key stakeholders of Ainsworth Game Technology (ATG) who felt that the initial takeover offer undervalued the company. In light of the feedback, Novomatic has come forward with an improved and unconditional offer for ATG. Details of Novomatic’s Unconditional Takeover Offer Novomatic, […]

Police Pursue Final Suspect in Major Casino ATM Fraud in Alberta Authorities in Alberta are actively searching for the last individual involved in a complex fraud scheme targeting ATMs at casinos in the Edmonton area. This scam has resulted in losses exceeding CAD 1 million across Western Canada. RCMP Arrest Four as Investigation Reveals Money […]

Northern Arapaho Raise Concerns Over Statewide Gaming Impact Study The Northern Arapaho Business Council has expressed serious concerns regarding a recent statewide gaming impact study. They argue that the report overlooks the true economic consequences that the expansion of gaming, especially historical horse racing, has had on tribal casinos. Tribal Casinos Already Struggling Due to […]

US Gambling Regulators Target Offshore Gambling Operators Regulatory authorities across the United States are ramping up efforts to combat offshore gambling operations that infringe on domestic markets and reduce tax revenues. Recent actions highlight the growing determination to enforce gambling laws and protect state gaming industries. Michigan Blocks Multiple Unlicensed Gambling Websites The Michigan Gaming […]

Malik Beasley Evicted Amid FBI Gambling Probe Malik Beasley, former guard for the Detroit Pistons, is currently experiencing significant off-court challenges. Recently, it has been reported that the 28-year-old athlete has been evicted from his apartment, adding to a series of difficulties he is facing. Outstanding Rent Exceeding $20,000 Beasley had been living at The […]

Aristocrat Gaming, a renowned creator of slot machines, electronic games, and gaming hardware, has reintroduced one of its most beloved brands to casinos nationwide. This return brings a fresh twist that combines nostalgic gameplay with contemporary features.Part of the ASX-listed Aristocrat Leisure Limited, the company announced that its iconic Millioni$er brand is making a comeback […]

Bans Issued Against Two Unlicensed Gambling Providers The Swedish gambling authority, Spelinspektionen, has taken action against two offshore gambling suppliers for operating without proper licenses. These companies were found offering their gaming products within Sweden despite lacking the necessary authorization. Details of the Bans on Rabocse SRL and Solid Software Solutions SRL On August 18, […]