This action increases pressure while prediction markets, including Kalshi and Polymarket, grow and encounter multiple state lawsuits and tribal opposition. Louisiana gaming regulators became the newest state authority commenting on prediction markets through their recent advisory declaring sports event contracts equal sports betting under state legislation. Christopher Hebert, Louisiana Gaming Control Board chair, distributed the letter last […]

Banks that invest money raise what they think will happen in 2025 and 2026, since visitors spend more. Macau casino revenue recovery should beat earlier predictions, say multiple investment banks who increased their projections for the sector, according to Macao Daily reporting. These revisions happened because gaming revenue exceeded expectations in the year’s second half, thanks to better […]

Better Collective has announced that it now owns more than 5 percent of its total shares through its ongoing buyback programme. The company holds 3,105,020 treasury shares, equal to 5.01 percent of all outstanding shares and voting rights. This is an important step in its plan to manage its share capital while using savings from […]

Turkey has started the second phase of its Football Betting Investigations, led by the Istanbul Chief Public Prosecutor’s Office. As part of this new stage, arrest warrants were issued for 46 people. The list includes well known figures such as footballers Metehan Balcı and Mert Hakan Yandaş, former referee and current commentator Ahmet Çakar, and […]

Donald Trump indicated on Tuesday, December 9, that federal taxes on gambling winnings might end. The president discussed this possibility while speaking to reporters. His administration continues to reduce taxes on various income types after cutting taxes on tips and overtime. Fox Business reported Trump’s Air Force One comments to journalists. The president said he remains […]