Kolade Abisoye

Uganda will implement a new gambling tax framework from 1 July 2026 after approving updates to its gaming legislation. The reforms, introduced through the Lotteries and Gaming (Amendment) Bill 2026, establish a flat 30% tax on gross gaming revenue across all segments. This replaces the previous distinctions between betting and other gaming activities. At the […]

Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]

Evoke announced an improvement in profitability for 2025, but results show increased  pressure on its UK business by black market growth. The William Hill and 888 operator pointed out illegal platforms and sweeping tax reforms as emerging threats. Management said the issue is most visible in horse racing, where unlicensed platforms are attracting customers with […]

The UK Gambling Commission has stepped up its defence of planned Financial Risk Assessments, as debate over affordability checks continues to split regulators, operators and consumer groups.  Speaking at the Ethical Gambling Forum, Tim Miller, Executive Director of Research and Policy, positioned the proposal as a replacement for inconsistent practices already in use across the […]

French authorities have launched an investigation after a bettor won $34,000 on a weather-based wager, raising concerns about possible manipulation of temperature data at Charles de Gaulle Airport. The case centres around activity on Polymarket, where users placed high-value bets tied to recorded daily temperatures. Since early April, unusual spikes in evening readings at the […]

The Commodity Futures Trading Commission has filed a lawsuit against Wisconsin, escalating the legal conflict between federal regulators and state authorities over prediction markets. The case focuses on platforms including Kalshi, Polymarket, Robinhood, Crypto.com and Coinbase, which offer contracts about real-world outcomes such as elections and economic events. Wisconsin action prompts federal response Wisconsin initiated […]

Hacksaw Gaming CEO has revealed the business’ intentions to invest in early-stage companies. The company reported strong financial results for the first quarter of 2026, with revenue rising 28.1% year-on-year to €57.6m. Its adjusted operating profit reached €47.4m at an 82% margin, representing a 27.3% increase from the prior year.  For the quarter, overall profit […]

Ukrainian gambling regulator, PlayCity, has revoked the licence of Favbet Game Slots and imposed a record fine of UAH933 million (around $21.17 million) following a compliance investigation. The probe identified 108 gaming machines that failed to meet certification standards, stating concerns about fairness and compliance.  Established in 2025 to replace KRAIL, PlayCity oversees licensing, compliance […]

Caesars Entertainment reported a 2.7% year-on-year increase in group revenue for the first quarter, supported by strong digital growth. Revenue for the three months to 31 March reached $2.87bn, up from $2.79bn in the same period last year. Adjusted EBITDA rose by 0.3% to $887m. The main revenue was driven by the digital segment, which […]

Kansspelautoriteit has taken action against Holland Casino Online and Vbet over the offering of sports bets linked to own goals. This review was triggered by an external report which found that both operators had repeatedly offered markets on whether a player would score an own goal.  The KSA classified these bets as falling outside permitted […]