The Office for Budget Responsibility published a statement too early. This document shows Chancellor Rachel Reeves’ plans to increase remote gaming duty to 40%. The new rate starts in April 2026. Stock prices for gambling companies fell before the UK’s 2026 Budget announcement. Tax reforms turned out worse than traders predicted. The OBR wrote this information […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
Q3 2025: Sports Betting Margins Reduce Allwyn Profits
November 28, 2025Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]
U.S. prediction market platform Kalshi reportedly achieved an $11 billion valuation after completing a $1 billion funding round. TechCrunch first reported this information through a source familiar with the transaction. This valuation increase represents the prediction market sector’s fastest growth this year. Weeks earlier, the company secured $300 million at a $5 billion valuation in […]
Major UK Prize Draw Operators Commit to the Government Code of Conduct
November 26, 2025Twenty UK prize draw companies signed a government voluntary code. The code aims to improve transparency and player protections. DCMS created the code. New rules include a £250 monthly cap on credit card entries for prize draws. Credit card entries face a complete ban for instant-win competitions. Prize draws let players enter free or paid competitions. Winners […]
Speedz Includes Nolimit City Games in its Online Casino
November 26, 2025Different gameplay styles and demo modes come with new titles. Ganadu Gaming revealed that the Speedz online casino brand now features multiple Nolimit City titles. Games like Fire in the Hole mining series became available to players. The Punk franchise brings Punk Toilet and other games. Serial and Mental joined the collection, too. Walk of Shame and Tomb […]
Gambling Commission Suspends Deadheat Racing Licences
November 26, 2025The commission stopped Deadheat’s remote and non-remote operating licences. Great Britain’s Gambling Commission halted Deadheat Racing licences during its review process. Suspected social responsibility and anti-money laundering failures triggered this action. Immediate suspension affects both licence types. Remote and non-remote betting licences face restrictions. London-based Deadheat has possessed these licences since January 2015. Suspected failures became key considerations […]
Regulatory Bodies Across Europe Join Forces Against Unauthorised Web-Based Wagering
November 25, 2025Protection measures target consumer safety in multiple European nations. On November 12th, a consensus was achieved by European gambling authorities which included representatives from Germany, Austria, France, Great Britain, Italy, Portugal and Spain. The meeting was organised by Spain’s Directorate General for Gambling Regulation (DGOJ). Rapid technological growth enables betting sites to break free of geographical constraints. […]
Fanatics Prepares for its Prediction Market Debut within Weeks
November 25, 2025Michael Rubin, CEO of Fanatics, revealed plans during Thursday’s CNBC interview. Fanatics will launch prediction market products soon. Crypto.com partners with Fanatics for this rollout in the upcoming weeks. Consumer demand drives this expansion into sports and entertainment markets, Rubin explained. Fanatics sees prediction markets as important for their customer base. The company enters new verticals to compete […]
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