Author: newsnet5

Carl Ejlertsson’s Transition from CEO to Creative Lead Carl Ejlertsson, the founder of Octoplay, a company specializing in online casino games, has announced his decision to resign as CEO. Although he is stepping down from his executive role, Ejlertsson will continue to contribute to the company by focusing on its creative and strategic development. Reflecting […]

Background on the Gambling Loss Deduction Controversy In the United States, recent changes to the tax code have significantly altered how gambling losses are deducted. Previously, gamblers could fully deduct losses against their winnings, but a new provision limits the deductible losses to 90% of gambling wins. This shift means that individuals who break even […]

Confidence in Major Gaming Operators Remains Strong Wall Street experts continue to hold a largely optimistic view of prominent, established gaming companies. Even with anticipated sector volatility in 2026, industry leaders like DraftKings and Flutter are seen as resilient enough to manage unexpected disruptions, provided they keep innovating and adapting. Adapting to Short-Term Industry Obstacles […]

Introducing the Fountain Club by MGM MGM Resorts, the leading casino operator on the Las Vegas Strip, has launched the Fountain Club, an exclusive program designed to offer premium privileges to high-spending visitors who are not primarily focused on gambling. Exclusive Benefits and Unique Experiences Members invited to join the Fountain Club receive a special […]

Senators Raise Concerns Over Prediction Markets A group of 12 United States senators have jointly addressed the Commodity Futures Trading Commission (CFTC), seeking clarity on the agency’s approach to regulating insider trading and fraud within prediction markets. These markets allow participants to bet on real-world events, but questions have emerged about their oversight and legality. […]

Game Overview The Los Angeles Rams (12-5) travel to Soldier Field to take on the Chicago Bears (11-6) in an NFC Divisional Round showdown on Sunday at 6:30 p.m. ET. The market currently lists Chicago as a 3.5-point underdog with an over/under near 50.5. This is a clash of veteran offense-led Rams and an emerging, […]

Tax Law Error Creates Tax Exemption for Online Casinos in 2026 A recent drafting error in Estonia’s updated gambling tax legislation has inadvertently created a loophole allowing online casino operators to avoid paying taxes scheduled for 2026. This mistake was discovered after the bill had been passed by the Estonian Parliament, Riigikogu, and received the […]

Former Met Police Officers Sentenced After Sexual Assault at London Casino Two ex-members of the Metropolitan Police, Jerome Beasley and Luke Robinson, were recently sentenced following a sexual assault incident that took place at a well-known casino rooftop bar in central London. This disturbing event has reignited discussions about police conduct and the safety concerns […]

Super Group’s Decision to Exit the Portuguese Market In a recent interview, a representative from Betway disclosed Super Group’s strategic decision to withdraw from the Portuguese iGaming sector. The company chose not to renew its license, despite it being valid until 2026, signaling a shift in their operational priorities. Following this announcement, Portuguese regulators approved […]

Introduction to Tesla Robovans in the Las Vegas Loop Steve Davis, president of The Boring Company, has announced plans to introduce Tesla Robovans into the Las Vegas Loop transportation system. These futuristic vehicles are expected to join the fleet once the current number of standard Teslas reaches 1,200 and the system expands its reach throughout […]