News
New Jersey Orders Kalshi and Robinhood to Halt Sports Wagering Operations
The New Jersey Division of Gaming Enforcement (NJDGE) has issued cease-and-desist orders to prediction market platform Kalshi and financial trading firm Robinhood, demanding that they immediately cease offering sports wagering services in the state. The regulatory action, confirmed Thursday, cites violations of New Jersey’s strict sports betting laws and requires both platforms to void any […]
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Sports Illustrated Partners with Galactic to Launch SI Predict for Non-Outcome Sports Markets
Sports Illustrated is venturing into the world of prediction markets with the launch of a new platform, SI Predict, in partnership with the UK-based digital marketing company Galactic. The innovative platform will allow users to place bets on various aspects related to sports events—though with a significant difference: it won’t involve betting on the outcome of games. Instead, SI Predict will […]
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PhilWeb Corporation Refutes Rumors of Backdoor Listing with PlayTime
PhilWeb Corporation, a prominent eGames service provider listed in the Philippines, has officially dismissed rumors that it is considering a backdoor listing for the online gaming platform PlayTime. This response comes after speculation led to significant market reactions affecting PhilWeb’s stock value. Clarification amidst stock fluctuations: In a recent disclosure to the Philippine Stock Exchange (PSE), PhilWeb addressed concerns […]
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Billionaire Bruce Mathieson Backs Bally’s Takeover Bid for Star Entertainment
Star Entertainment’s largest investor, billionaire pub and gaming magnate Bruce Mathieson, has thrown his support behind a buyout proposal from Bally’s Corporation, the American casino giant. The move comes as Star struggles to navigate financial troubles and regulatory challenges, leaving the company in search of a viable rescue plan. Mathieson, who holds a 10% stake […]
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New $185 Million Grand Island Casino Resort to Open at Fonner Park April 10
On April 10, the Grand Island Casino Resort will officially open its doors at Fonner Park, marking a significant moment for the local community and the broader region of central Nebraska. The $185 million development will commence operations with a VIP event scheduled for 4 p.m., followed by public access from 6 p.m. The Nebraska Racing […]
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Arkansas Lawmakers Push for Legal Online Gambling Amid Growing Concerns
Arkansas lawmakers have filed a bill to legalize online casino gaming in the state, aiming to curb the growing prevalence of unlicensed offshore gambling platforms. This initiative, which could significantly reshape the state’s gambling landscape, was introduced in the legislature on Wednesday, March 19. House Bill 1861, co-sponsored by Rep. Matt Duffield (R-Russellville) and Sen. […]
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Austria’s Gaming Industry at a Crossroads: Rising Taxes Threaten the Future of Casinos
Austria’s gaming industry faces potential upheaval as Casinos Austria braces for significant operational changes due to upcoming tax increases. Erwin van Lambaart, the General Director of Casinos Austria, expressed concerns about the sustainability of their smaller casinos under the new fiscal policies enacted by the federal government. Impact of increased taxes on casino operations: Starting April 1, 2025, the betting […]
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TAB Offers $150 Million for Online Casino Licence Amid Regulatory Dispute
A brewing dispute is unfolding in New Zealand over the government’s decision to deny TAB New Zealand’s offer for an online casino license, potentially altering the landscape of online gambling. The TAB, a statutory entity responsible for New Zealand’s sports and race betting, recently proposed a significant $150 million upfront payment to secure one of the 15 online casino licenses being […]
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Sydney’s Underground Casinos Flourish Amid Strict Casino Regulations
As Sydney’s major casinos grapple with stringent regulations and looming financial troubles, a shadowy world of illegal casinos flourishes, offering gamblers an alternative as they escape the tightening grip of formal gambling venues. Over the past year, New South Wales Police have intensified their crackdown, raiding five of these underground establishments, uncovering high-stakes games that […]
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Meridianbet Accelerates African Expansion with Nigerian B2B Launch
Meridianbet, a prominent subsidiary of Golden Matrix Group, Inc, has recently expanded its operations into Nigeria, marking a significant step in its long-term strategy to strengthen its presence across Africa. This expansion is supported by the launch of Meridianbet.ng, operating under the newly licensed local entity, Masterlive Network Limited. Regulatory approval and market entry: Meridianbet has obtained full regulatory […]
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