News

Overview of the Incident A woman named Regina Valenzuela in Las Vegas was taken into custody on Monday, September 29, at the Clark County Detention Center. She is accused of stealing over $113,000 from an armored vehicle while working for the security company responsible for transporting funds to local casinos. Details of the Theft The […]

Araneta Sells Majority Interest in Gaming Company PhilWeb Gregorio Ma. Araneta III has exited his investment in the gaming technology sector by selling his controlling 57% stake in PhilWeb Corp. His investment firm, Gregorio Araneta Inc., completed the sale to two Filipino holding companies, Nexora Holdings Inc. and Velora Holdings Inc., for a sum of […]

The Brazilian government is facing renewed budget challenges following the lapse of Provisional Measure (MP) 1.303, which occurred after the Chamber of Deputies failed to act on the legislation this week. This development disrupts a significant tax reform that would have increased taxes on online betting, financial assets, and fintech companies. The government now confronts […]

Introduction of the New Self-Assessment Tool The Malta Gaming Authority (MGA) has introduced an innovative online self-assessment tool aimed at helping gamblers evaluate their gambling habits. This resource is accessible in both English and Maltese and is designed to assist individuals in understanding their gambling behaviors better. The tool is free of charge and was […]

Springfield Seeks Restoration of Casino Mitigation Funds Springfield City Councilor Sean Curran has called on Governor Maura Healey to restore $3 million in casino mitigation funds that were recently removed from the state budget. These funds originate from a total allocation of $20 million designated for communities in western Massachusetts, which have long relied on […]

Overview of the Sale Bally’s Corporation, a prominent global casino and entertainment company with 19 casinos under its management, has completed the sale of its international interactive division to Intralot S.A. This transaction merges Bally’s interactive business with Intralot’s global lottery and gaming operations, creating a stronger combined entity. Deal Value and Strategic Benefits The […]

New York’s Intensified Casino Contest Nears Conclusion New York is on the brink of a decisive moment in its competitive casino licensing process. The state’s Gaming Facility Location Board (GFLB) is preparing to choose up to three winning casino projects from four finalists. This announcement, expected in December, will shape the future of the casino […]

Warning About the Rise of Sports Prediction Markets Kevin F. O’Toole, the executive director of the Pennsylvania Gaming Control Board (PGCB), recently addressed Pennsylvania’s congressional representatives, highlighting growing concerns about the impact of sports prediction markets. He cautioned that these emerging markets could seriously undermine Pennsylvania’s well-established gaming regulations. How Prediction Markets Challenge State Gambling […]

Unexpected Lottery Win from a Forgotten Subscription A man from Britain experienced an unexpected windfall thanks to a forgotten lottery subscription. He had planned to cancel his participation in the Postcode Lottery but neglected to do so, which ultimately led him to win a significant cash prize. How Forgetfulness Led to a Big Payday James […]

IBIA Introduces a Comprehensive Five-Year Plan The International Betting Integrity Association (IBIA) has announced a transformative five-year initiative aimed at elevating standards within the sports betting industry. This ambitious program, named Mission 2030, coincides with the association’s celebration of its 20th anniversary and is marked by the unveiling of a refreshed brand identity. Core Goals […]