News
UK Tightens Gambling Ads Rules for Overseas Operators
The UK’s advertising regulator, the Advertising Standards Authority (ASA), has introduced significant changes to the Committee of Advertising Practice (CAP) Code, aiming to close a loophole that allowed overseas gambling operators to promote their services to UK consumers without adhering to strict regulations. This amendment, effective from September 1, 2025, ensures that all licensed gambling operators, regardless of where […]
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Underdog Partners with Crypto.com to Offer Sports Prediction Markets
Fantasy sports and sports betting company Underdog has joined forces with Crypto.com to introduce sports prediction markets in 16 U.S. states. The partnership marks a significant move for Underdog, which is leveraging Crypto.com’s financial expertise to launch a product that merges financial trading with sports betting. The goal is to bring more accessible prediction markets to areas where legal […]
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Travellers Reclaims Manila’s Westside City Casino Project
Travellers International Hotel Group Inc., a unit of Andrew Tan’s Alliance Global Group, has moved to take the lead in developing the $1.25 billion Westside Integrated Resort in Manila’s Entertainment City. The decision follows ongoing delays and financial pressure faced by its partner, Hong Kong-based LET Group Holdings, through its subsidiary, Suntrust Resort Holdings. Travellers Steps In to Accelerate Westside Development […]
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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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