Author: newsnet5

Allegations from Former Atlantic City Casino Staff A former manager from the Atlantic City Trump Plaza Hotel and Casino recently shared in a televised interview that he observed President Donald Trump and Jeffrey Epstein, a convicted sex offender, together at the casino accompanied by underage girls. Account of Close Association Between Epstein and Trump During […]

Background of the Queens Wharf Sale The Star Entertainment Group is in the process of selling its share in the Queens Wharf casino. This move opens the door for other companies to take over, with Crown Resorts showing strong interest as a prospective buyer. Acquiring this property would mark Crown Resorts’ initial venture into Queensland’s […]

UK Government Adjusts Money Laundering Threat Level in Casino Sector The UK government has increased the money laundering risk classification for the casino industry from low to medium. This decision reflects growing concerns regarding the complexity and volume of financial transactions occurring within online gambling platforms, where criminal methods continue to evolve to bypass existing […]

Introduction to the Tax Dispute The British Horseracing Authority (BHA) has voiced strong opposition to the Treasury’s proposed increase in remote gambling duty on betting activities. They warn that this tax hike could inflict serious financial damage on one of the United Kingdom’s most historic and cherished sports. The BHA has publicly shared its formal […]

New Minimum Bets Set by Hard Rock Bet and BetMGM in Illinois In response to Illinois’ hike in sports betting taxes, operators Hard Rock Bet and BetMGM have recently introduced minimum wager requirements for their customers. Hard Rock Bet requires a minimum bet of $2, while BetMGM has raised the bar slightly higher at $2.50 […]

Overview of UKGC’s Findings on High Value Customer Schemes Following the regulatory reforms targeting VIP programs in 2020, the United Kingdom Gambling Commission (UKGC) has observed no notable growth in High Value Customer (HVC) schemes. Accountability measures have been strengthened, with senior management now responsible for these programs, contributing to a reduction in consumer-related harm. […]

MIXI Presents a New All-Cash Bid for PointsBet MIXI Australia has officially put forward a fresh takeover proposal for PointsBet, intensifying the ongoing competition with rival company Betr. This submission follows closely after Betr updated its own offer for PointsBet. Details of MIXI’s Offer After previously failing to gain adequate shareholder support for its attempt […]

Overview of Betsson’s Q2 2025 Performance Betsson Group released its financial results for the second quarter of 2025, showcasing substantial revenue growth. However, this positive development was met with a decline in the company’s stock value. Strong Revenue Gains Highlight Betsson’s Quarterly Report For the second quarter, Betsson reported total revenue of EUR 303.7 million […]

VGCCC Eyes Potential Role in AFL and Betting Operator Disagreement The Victorian Gambling and Casino Control Commission (VGCCC) is considering stepping into a dispute between the Australian Football League (AFL) and various sports betting companies operating in Victoria. This intervention could affect the AFL’s earnings from betting activities linked to its matches. AFL’s Push for […]

Senator Proposes Total Online Gambling Ban in the Philippines The Philippines is currently undergoing significant changes regarding gambling regulations. Amid various discussions and uncertainty, Senator Christopher Go has introduced Senate Bill 686, known as the Anti-Online Gambling Act 2025, aiming to enforce a full prohibition of online gambling across the country. Key Provisions of the […]