News
Playtech Sells German Happybet Sports Betting Brand to Pferdewetten
Playtech Group has entered into an agreement with NetX Betting Ltd., a subsidiary of the Frankfurt-listed German operator pferdewetten.de AG, to transfer its German sports betting brand Happybet. This deal represents a significant milestone in Playtech’s ongoing strategic transition toward becoming a predominantly pure-play B2B provider. Challenges and financial performance of Happybet: Having closed its Austrian Happybet operations in the […]
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Louisiana House Passes Revised Bill to Raise Online Betting Tax
Louisiana lawmakers have taken a significant step toward restructuring the state’s online sports betting tax framework with the House’s passage of an amended version of House Bill 639. The legislation, introduced by Rep. Neil Riser (R-Columbia), proposes raising the tax on mobile sports wagering from the current 15% to 21.5%, a substantial revision from the original 32.5% increase suggested in earlier […]
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Montana Outlaws Sweepstakes Casinos, Sparking Industry Backlash
Montana has made history by becoming the first U.S. state to formally outlaw online sweepstakes casinos, following Governor Greg Gianforte’s signing of Senate Bill 555 (SB555) into law. The legislation, passed by both state chambers in April, will take effect on October 1, 2025, and fundamentally alters the legal landscape for digital gambling within the state. Felony charges and […]
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Casino Complex Bill to Lead Thai Parliament Agenda in July
When Thailand’s parliament reconvenes in July, the entertainment complex bill—focused on legalizing and regulating casino-integrated resorts—will be high on the legislative docket, Deputy Finance Minister Julapun Amornvivat confirmed. The measure has garnered notable attention not just locally, but from leading international players in the casino and entertainment industry. International investors eye Thai market as costs rise: Julapun stated […]
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Michigan Online Gambling Revenue Slips Slightly in April
Michigan’s online gaming market experienced a marginal dip in April 2025, as internet gaming and sports betting operators collectively reported $290.7 million in gross receipts. This marks a slight decline of 0.9% from the record-setting numbers posted in March, according to the Michigan Gaming Control Board (MGCB). Despite the monthly decline, year-on-year figures show robust […]
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Unregulated AI Use in Gambling Sector Prompts Urgent Ethical Warnings
As the gambling sector approaches a projected value of over $876 billion by 2026, academics and regulators are voicing growing concerns over the unregulated use of artificial intelligence (AI) technologies across casino floors, online platforms, and sports betting operations. A new academic study has brought renewed attention to the potential for AI to amplify gambling-related harms if left […]
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Kangwon Land Targets Global Gamblers With New Perks and Casino Upgrades
Kangwon Land Inc, operator of South Korea’s only casino open to local residents, is significantly ramping up its efforts to attract international gamblers. As part of a broader strategy to compete with neighboring markets, the company has introduced a series of initiatives designed to boost its foreigner-only gaming zone, while also expanding the overall resort and increasing […]
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Slotmill’s Ragnarok 40K Slot: A Mighty Return With Epic Wins and New Features
Slotmill’s legendary Avalanche Cluster Pays mechanics has returned in a bigger and bolder form as Ragnarok 40K, offering players the chance to win up to 40,000 times their bet. Set on a mystical 5×5 grid inspired by Norse mythology’s apocalyptic battle, Ragnarok 40K brings back the fan-favorite avalanche mechanic combined with a progressive win multiplier that doubles with every consecutive cluster […]
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Underdog Fantasy Returns to New York with Draft-Style DFS Games
Underdog Fantasy has made a notable comeback in New York’s daily fantasy sports (DFS) market, relaunching its draft-style contests just two months after withdrawing amid regulatory disputes. The operator’s return follows a $17.5 million settlement with the New York State Gaming Commission (NYSGC), which had previously deemed Underdog’s DFS offerings non-compliant with the state’s licensing requirements. The exit and reentry: In mid-March, […]
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PAGCOR Issues Alert Over Fraudulent Lucky 7 Gaming Certifications
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a fresh warning to the public concerning fraudulent activities allegedly involving Lucky 7 Bingo Corporation. Though the company holds a legitimate license to operate an E-Games venue, PAGCOR has received reports linking it to unauthorized contracts that misrepresent the scope of its licensure. Fake offshore gaming license at […]
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