Louisiana Declares Sports Prediction Markets Constitute Illegal Sports Betting

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 […]

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Macau Casino Revenue Forecast Gets Boost While Market Recovery Gains Speed

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 […]

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Better Collective Reaches New Milestone in Share Buyback

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 […]

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Second Wave of Football Betting Operations

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 […]

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Trump Explores Ending Federal Gambling Tax

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 […]

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Altenar Forms New Partnership With Betico

Sports betting supplier Altenar has announced a partnership with Betico, a new operator in the European market. Under the deal, Betico will use Altenar’s fully managed sportsbook solution to upgrade and strengthen its betting platform. Altenar provides tools like custom betting options, risk management, and compliance support, which will help Betico improve its overall operations. […]

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New York Bans Sweepstakes Casinos

New York has officially banned sweepstakes casinos after Governor Kathy Hochul signed Senate Bill 5935. The ban takes effect immediately, making these platforms illegal across the state. The law targets the dual-currency system used by these casinos, where players buy one virtual currency that cannot be exchanged for cash and get another promotional currency that […]

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KSA Backs National Partnership to Tackle Gambling Harm

The Netherlands Gambling Authority, the KSA, has set aside nearly 2 million euros for a new national partnership aimed at reducing gambling harm. The money comes from the Addiction Prevention Fund, which is funded by fees from licensed gambling operators. The exact amount was not shared, but the subsidy will support several organisations working together […]

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Grêmio Announces Energia Bet as New Sponsor

Grêmio has officially announced Energia Bet as its new sponsor for the final games of the 2025 Brazilian Championship. The betting brand will be shown on the front of the team’s uniform and on other club marketing materials. The partnership covers the last two matches of the season, giving the team a new commercial presence […]

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Wynn Allocates $3.4bn for UAE Resort Targeting 2027 Launch

Wynn Resorts has allocated $3.4bn from the total $5.1bn budget for the Wynn Al Marjan Island integrated resort. Construction moves forward for an early 2027 opening in the UAE. Yesterday (4 December), the operator shared this financial milestone during an investor and analyst tour in Ras Al Khaimah. About 67% of project costs have been spent […]

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