News

Polymarket’s Return to the US Prediction Market Polymarket, recognized as the world’s largest prediction market platform, is preparing to resume operations in the United States after a hiatus of over three years. This comeback was made possible following authorization from the U.S. Commodity Futures Trading Commission (CFTC), announced by Polymarket’s CEO, Shayne Coplan. The approval […]

Increasing Youth Involvement in Gambling and Gaming in B.C. A recent report by the McCreary Centre Society reveals a concerning rise in the number of teenagers in British Columbia who are engaging in gambling and gaming activities that involve spending real money. This increase corresponds with the growing availability of online gambling options throughout Canada. […]

Finnish Authorities Target Social Media Gambling Promotions Finland’s National Police Board (NPB) has intensified efforts to curb the promotion of gambling by social media influencers. Recently, the authorities issued new bans and imposed significant fines on individuals who violate the country’s gambling regulations. Two Influencers Face Substantial Fines and Advertising Bans In May, two prominent […]

The Venetian Casino Reduces Staff Amid Economic Challenges The Venetian, a leading casino on the Las Vegas Strip and ranked among the top ten in the city, has recently announced the layoff of fewer than 50 employees. This move follows a continued decline in the resort’s profitability. This workforce reduction reflects broader economic difficulties on […]

Overview of 26 Capital’s Bankruptcy Jason Ader, a prominent Wall Street investor known for his involvement in the gaming industry, has placed his special purpose acquisition company (SPAC), 26 Capital Acquisition Corp, under Chapter 11 bankruptcy protection. This marks a significant setback for the company, which had initially sought to bring Okada Manila, one of […]

California Superior Court Rejects High 5’s Legal Motions The Superior Court of California recently dismissed several motions filed by High 5 Entertainment’s legal representatives. These included requests to dismiss the amended complaint, challenge the summons service, and compel arbitration or start arbitration proceedings. Details of the Lawsuit and Court Ruling The lawsuit centers on a […]

Prediction Markets: A New Frontier for Online Sports Betting Daniel Politzer, a JP Morgan analyst, suggests that prediction markets could offer a valuable alternative to traditional online sports betting (OSB), potentially opening up new avenues for growth in the industry. Opportunities for Online Sports Betting Operators in Prediction Markets Politzer describes exchange-traded wagers as an […]

Increased IRS Scrutiny on Illegal Sports Betting During Football Season As the popularity of legal sports betting continues to rise, the Criminal Investigation unit of the Internal Revenue Service (IRS-CI) is ramping up efforts to combat illegal sports gambling activities. This crackdown aligns with the start of the football season, a period that typically sees […]

Holland Casino Reports First Half Profit for 2025 As mid-2025 concludes, Holland Casino has announced a profit of EUR 14.2 million (approximately $16.6 million), marking a turnaround from the losses recorded in the same period last year. This improvement comes primarily from aggressive cost reductions, strategic organizational changes, and the sale of two casino locations, […]

Introduction to the ROGA and RGC Partnership The Responsible Online Gaming Association (ROGA) has announced a collaboration with the Responsible Gambling Council (RGC), aiming to enhance player safety within the online gaming industry. This partnership focuses on promoting responsible gambling practices among iGaming operators. Launch of a Responsible Gaming Certification Program ROGA, representing operators responsible […]