News

High Court Limits Media Reporting on GVC’s Turkey Investigation A High Court judge has imposed strict restrictions on what the press can disclose about a long-standing criminal investigation concerning GVC’s previous business dealings in Turkey. This ruling complicates the legal matters involving former executives of the company. Judge Backs Gambling Commission’s Request to Curtail Reporting […]

Unbelievable Jackpot Win at Resorts World Las Vegas A fortunate visitor at Resorts World Las Vegas recently scored an astonishing jackpot exceeding $11 million. This guest was simply in town to visit family and ended up hitting the massive prize on a modest $5 bet. Early one morning, after playing for just around fifteen minutes, […]

Las Vegas Anticipates Busy Thanksgiving Travel Period Las Vegas is gearing up for what could be one of its most active Thanksgiving travel seasons in recent history. National travel trends, as forecasted by the American Automobile Association (AAA), reveal that more Americans are expected to travel during Thanksgiving than ever before, with Nevada emerging as […]

Tragic Loss for Ağrı Spor Following Player Suspensions Ağrı Spor, a soccer team competing in Turkey’s fourth-tier league, recently revealed that it has lost its entire main squad after 17 players were suspended. These suspensions came as part of a national investigation into a widespread betting scandal affecting Turkish soccer. Background on the Scandal and […]

Massive Fines Issued by Spain’s Ministry of Social Rights and Consumer Affairs Spain’s Ministry of Social Rights, Consumer Affairs, and Agenda 2030 has recently levied fines exceeding EUR 33 million (around $38 million) on 32 gambling operators. This enforcement includes severe penalties against six foreign companies operating without proper licenses within Spain. Details of the […]

Rivers Casino Pittsburgh Valued Near $1 Billion Rivers Casino Pittsburgh, located on the Ohio River, has recently been valued at almost $1 billion. This significant valuation comes as part of a recapitalization by Rush Street Gaming, a company based in Chicago that operates the land-based casino and hotel. Ownership Changes and Background As a result […]

Unexpected Leak Reveals Steep Gambling Tax Increase A premature disclosure from the UK’s Office for Budget Responsibility startled the gambling sector by revealing plans for a significant rise in the remote gaming tax rate. The leaked documents indicate the government intends to impose a far stricter tax regime than previously anticipated, raising the remote gaming […]

Allwyn Reports Solid Financial Growth Amid Increased Costs Allwyn International, a leading player in the gaming industry, has released its unaudited financial results for the third quarter, demonstrating steady financial performance. Company executives noted important strategic advancements and expressed confidence in future prospects. Revenue Growth Balanced by Rising Expenses and Customer-Friendly Betting Outcomes During Q3, […]

Robinhood Broadens Its Reach in Prediction Markets Robinhood has announced a strategic partnership with Susquehanna International Group aimed at expanding their footprint in the prediction markets industry. This collaboration responds to the growing popularity and demand for event-based contracts and diversified betting options. Details of the New Exchange Initiative The two companies plan to establish […]

Introduction to Brazil’s Regulated Betting and Tax Proposal One year after Brazil launched its regulated betting market, discussions about increasing taxes on legal gaming operators have come to the forefront. The proposed higher tax rates have raised concerns from the Brazilian Institute of Responsible Gaming (IBJR), which warns that steep tax hikes could negatively impact […]