The Massachusetts Gaming Commission has imposed $80,500 in fines across five major operators following eight separate violations. The penalties were issued to BetMGM, Caesars Sportsbook, DraftKings, Fanatics Betting and Gaming, and FanDuel. Officials approved the fines unanimously during a recent hearing, pointing out recurring compliance issues in the industry. The violations occurred between September 2023 […]
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Novibet has finalised the deal to become main shirt sponsor of Santos FC for three years. They secured a central position on the club’s jersey and could generate up to BR85m per season. The structure includes a fixed annual payment of BR35m. But additional earnings could boost the total value by up to BR50m. As […]
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Casino operators in Nebraska have launched a fresh campaign to legalise online gambling through a public vote after legislative efforts failed to progress. The move is supported by local casino companies and top sportsbook brands, with the aim of involving voters via a ballot process later this year. According to local reports, the proposal includes […]
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Korea Sports Leisure has confirmed it will reward individuals who report illegal sports betting activities with up to KRW 200m. The company operates Sports Toto under the Seoul Olympic Memorial National Sports Promotion Corporation and positions this programme to reduce social harm from unregulated betting markets. They plan to sustain the reward scheme while encouraging […]
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The Bulgarian Football Union is preparing a statutory amendment to prohibit sports betting for all players, coaches and club personnel. Federation officials say the measure is necessary to protect the integrity of domestic football competitions. The proposal will be presented during the BFU plenary meeting scheduled for 20 March in Sofia. This initiative forms part […]
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On March 12, The Commodity Futures Trading Commission released new guidance on the rapid growth of prediction markets, including sports contracts. A staff advisory was issued by the Division of Market Oversight, identified as CFTC Letter No. 26-08, outlining expectations for legal markets offering event-based contracts. It follows an earlier announcement this month on the […]
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The Government of Romania is reviewing new regulatory measures to improve protections for individuals experiencing gambling addiction, such as stricter self exclusion procedures and tougher enforcement for illegal gambling operations. The draft regulation was discussed during a recent cabinet meeting, with a proposal introducing a unified system applicable to both online gambling platforms and physical […]
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Young Americans are confronting rising living costs, mounting debt and an uncertain job market as they attempt to build financial stability. The Northwestern Mutual 2026 Planning & Progress study suggests many members of Generation Z are turning to unconventional financial platforms, including sports betting, cryptocurrency and prediction markets, in pursuit of faster returns. Results from […]
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Authorities in Indonesia have dismantled more than 130 illegal gambling websites and frozen millions of dollars allegedly connected to the operations. Jakarta police stated that 132 online casino platforms were taken offline during the operation, led by the Cybercrime Directorate of the Indonesian National Police. The unit, also known as Dittipidsiber, focuses on digital crimes […]
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Pramod Sawant, chief minister of Goa, has announced a significant increase in licensing costs for new casino operators and other changes like higher application charges, annual licence payments and transfer fees. Sawant presented the state’s 2026 to 2027 budget to the Goa Legislative Assembly on Friday. Speaking to the house members, he said: “The fee […]
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