Author: newsnet5

Argentina Enforces a Countrywide Ban on Polymarket The Argentine government has enacted a nationwide block on access to Polymarket, a prediction market platform, following a judicial ruling that deemed the service to be operating outside the scope of the law. This judicial decision from Buenos Aires marks the first instance in Latin America where such […]

Allegations of Drink Spiking at MGM Grand Dwight Manley, a real estate investor and former sports agent, has accused MGM Resorts of serving him a drink laced with drugs during his stay at the MGM Grand in Las Vegas. The dispute arose after Manley, known for his high-stakes gambling and frequent visits to MGM properties, […]

WhiteHawk Capital Explores Lending Opportunity to Star Entertainment Executives from WhiteHawk Capital, a private credit firm based in California, recently visited Australia to tour casinos operated by Star Entertainment. This visit comes as they contemplate providing a loan exceeding $400 million to support the financially struggling company. Visit Details and Business Context WhiteHawk’s Managing Director, […]

Senate Bill 756 Returns to Its Original Version Senate Majority Leader Scott Surovell (D-34) has restored the initial language in a revised bill that permits casino gaming in Fairfax County. This means Senate Bill 756 (SB 756), which addresses casino authorization in Northern Virginia, remains unchanged despite extensive discussion within the local Senate. Key Provisions […]

Virginia Does Not Legalize Online Casino Gaming This Session Virginia will not be joining the list of states that have legalized online casino gaming this year. A bill aimed at authorizing iGaming in the state did not receive the necessary approval before the 2026 legislative session concluded. The Outcome of House Bill 161 on iGaming […]

Introducing Modern Leadership in iGaming Alina Famenok recently shared her insights with Gambling News about the evolving leadership landscape within the iGaming industry and her personal journey after successfully leading Already Media as CEO. A Fresh Approach to Leadership While she never intended to symbolize a new era of leadership, Alina acknowledges that her leadership […]

Overview of Bally’s 2025 Financial Performance Bally’s Corporation released its preliminary financial overview for the fourth quarter and the entire year ending December 31, 2025. The report revealed a notable revenue increase in Q4 along with steady performance indicators throughout the year. Strong Fourth Quarter Highlights For Q4 2025, Bally’s reported a total revenue of […]

Introduction to the New Appointment The UK Gambling Commission (UKGC) recently announced the appointment of Sue Young as its new Executive Director of Operations. In this leadership role, she will oversee several key operational responsibilities within the regulatory organization. Role and Background of Sue Young Sue Young will be joining the UKGC executive team, bringing […]

Concerns Over UK Gambling Regulation Trends Andrew Lyman, the gambling commissioner of Gibraltar, has recently voiced concerns about the trajectory of gambling regulations in the United Kingdom. He cautions that an overly strict regulatory approach might be counterproductive, potentially harming the very consumers the rules aim to protect. Lyman emphasizes the importance of considering not […]

Regulators Enforce Compliance with New Fines This week, Massachusetts regulators reaffirmed their strict oversight of the state’s sports betting industry by issuing significant fines. The Massachusetts Gaming Commission (MGC) levied a combined total of $80,500 in penalties against five leading sportsbook operators for non-compliance involving prohibited wager types. This regulatory action highlights the commission’s commitment […]