News
Legal NFL Betting Expected to Hit $30 Billion in 2025 Season
Legal sports betting on the NFL is poised to reach unprecedented levels this year, with Americans expected to stake approximately $30 billion through regulated sportsbooks across the United States. The estimate, released by the American Gaming Association (AGA), marks an 8.5% jump from last season’s revised figure of roughly $27.5 billion. The AGA calculated its […]
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Pennsylvania Gambling Revenue Surges to Record $6.4 Billion
Pennsylvania’s gambling market has set a new benchmark, with the Pennsylvania Gaming Control Board (PGCB) reporting a historic $6.39 billion in combined revenue for the 2024/25 fiscal year. The figure, which surpasses the $5.89 billion achieved in 2023/24, reflects growth across multiple verticals, including slot machines, iGaming, table games, sports wagering, video gaming terminals (VGTs), and fantasy contests. The state’s fiscal […]
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Dina Titus Pushes to Attach FAIR BET Act to NDAA 2026 to Reinstate Full Gambling Loss Deduction
Nevada Rep. Dina Titus is intensifying efforts to reverse a controversial tax change impacting gamblers across the United States. On Wednesday, August 27, the co-chair of the Congressional Gaming Caucus announced that she has filed her Fair Accounting for Income Realized from Betting Earnings Taxation Act (FAIR BET Act) as an amendment to the 2026 National Defense Authorization Act (NDAA), a […]
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Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown
Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first half of 2025, a sharp increase from the HK$110 million (US$14.1 million) loss during the same period last year. The company disclosed in a filing to the Hong Kong Stock Exchange that the setback stems largely from an impairment […]
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Flutter Halts Real-Money Gaming in India After Sudden Nationwide Ban on Online Money Games
Flutter Entertainment plc has confirmed the immediate suspension of its real-money gaming operations in India following the sudden passage of the Promotion and Regulation of Online Gaming Bill. The legislation, which enforces a blanket ban on all real-money gaming activities — including skill-based games such as rummy and poker — was introduced to Parliament on August 20, passed by […]
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Macau Gaming Revenue Soars With Record August Forecasts
Macau’s casino industry is riding a wave of momentum, with gross gaming revenue (GGR) for the week of August 18–24 reaching MOP$793 million (US$98.3 million) per day, according to analysts at JP Morgan. This marks a 9% rise from the previous week’s daily average of MOP$710 million and represents the city’s highest non-Golden Week daily GGR since the pandemic. Macau […]
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Strong Community Backing for Resorts World NYC’s Expansion
At the first public hearing for Resorts World New York City’s (RWNYC) $5.5 billion casino expansion proposal, held at Queens Borough Hall, over 40 speakers unanimously endorsed the project. The hearing, organized by the Community Advisory Committee (CAC), marks a key step as Resorts World vies for one of the three available downstate casino licenses. Community Overwhelmingly […]
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South Korea Busts $71.5M Gambling Fund Transfers to Philippines
South Korea’s customs authorities have broken up a major illegal remittance scheme that funneled massive sums of money overseas to support gambling activities in the Philippines. The Korea Customs Agency (KCA) confirmed on Thursday that 10 individuals have been apprehended and turned over to the Seoul Central Prosecutors’ Office on charges related to the unauthorized transmission of foreign exchange. Major Underground Network Exposed […]
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BSP E-Wallet Link Ban Cuts PAGCOR-Regulated Bets, Illegal Play Surges
When the Bangko Sentral ng Pilipinas (BSP) directed e‑payment services to “delink” from online gambling platforms, in-app icons and access points were swiftly removed. Over the weekend, e-wallets like GCash and Maya complied with the order by the August 17 deadline. In the following days, PAGCOR—the Philippine Amusement and Gaming Corporation—observed a 50% decline in online gaming transactions on authorized platforms, signaling an immediate market shift. “From Sunday […]
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India Moves to Ban Online Money Games Under New 2025 Bill
The Indian government has unveiled sweeping legislation to reshape the online gaming landscape, proposing strict curbs on real-money gaming while simultaneously promoting e-sports and social gaming. The Promotion and Regulation of Online Gaming Bill, 2025, was introduced in the Lok Sabha by Electronics and IT Minister Ashwini Vaishnaw on Tuesday, August 19, marking a major policy shift in how the […]
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