Arijit Roul

Setting a Record During the Triple Crown’s First Event Wagering handle at the Kentucky Derby reached a record high of $349 million over the weekend. TwinSpires, known as the official betting partner of the event, reported its own record handle at $108 million. Despite these new numbers, projections show that adjusted EBITDA may end up […]

A writ petition resulted in an order from the bench of the High Court, presided over by Justice Kazi Zinat Hoque and Justice Aynun Nahar Siddiqua. Government officials have been ordered on 4 May, to begin investigating those associated with online gambling adverts, online promotions, and digital financial transactions. Justice Kazi Zinat Hoque and Justice […]

At the 17th European Economic Congress in Katowice, Polish gambling executives admitted that existing regulatory gaps have allowed the black market to encroach on Poland’s troubled and lost gambling sector. A panel of gambling industry representatives at the European Economic Congress said “the online casino market in Poland is out of the state’s control”. An […]

The Czech Constitutional Court has ruled that the Magistrát of Prague (City Council) can apply its own gambling laws that reflect local conditions and allow individual city districts to ban or restrict live gambling independently. The decision supports municipal district autonomy, highlighting the differences between the Czech government’s centralised approach to land-based gambling venues. In […]

Better Collective is undergoing a restructuring after a review of the business and lower 2024 financial projections. The digital sports media company has appointed co-founder and former COO Christian Kirk Rasmussen as co-CEO alongside Jesper Søgaard. Rasmussen will focus on Better Collective’s long-term strategy as an affiliate leader. Better Collective is also reorganizing. The company […]

Norsk Tipping has stopped group betting (“andelsspill”) on Eurojackpot after they found a major error in the draw. The problem, which gave group players an unfair advantage in the Norwegian Eurojackpot extra prize, is described as “very serious” by the company. Player Discovered Group Betters Had an Advantage over Single Players The problem was discovered […]

The Coates family, the billionaires behind Bet365, are considering selling their online gambling business, which could be worth £9bn, according to the Guardian. Denise Coates runs the company. In recent weeks has been talking to Wall Street banks and US advisers about selling all or part of the business, sources close to the talks said. […]

The NBA has become the second major American sports league to formally tell the Commodity Futures Trading Commission (CFTC) about the rise of sports prediction markets. The league’s letter was posted on the CFTC’s website Thursday, following a similar submission by Major League Baseball on March 7. In her statement, NBA Vice President Alexandra Roth […]

A bill targeting online sweepstakes-style games is moving forward in New York. Assembly Bill 6745, sponsored by Assembly member Carrie Woerner, passed the state’s Assembly Racing and Wagering Committee yesterday in a public session. The bill would amend New York’s racing, parimutuel wagering and breeding laws to specifically prohibit online sweepstakes games. These are defined […]

Highlights Norsk Tipping is in danger of a big fine after they found mistakes in the Eurojackpot and Lotto draws. Every draw since 2021 has had wrong winners and maybe even before that. Millions of players have been affected by this error in the draw process. Norsk Tipping is facing its third fine in a […]