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 […]

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 […]

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 […]

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 […]

Connecticut state officials have told Kalshi and several other companies to stop offering sports-related betting contracts in the state. The Department of Consumer Protection, or DCP, said none of these companies holds a Connecticut sports wagering license. Officials also said their products break other state laws, including rules that prevent people under 21 from placing […]

Fanatics has started launching its new prediction market platform in 24 states in the United States. The company, recently valued at about $25 billion, wants to become a big player in the growing prediction market industry. This move puts Fanatics in competition with other platforms like Kalshi and Polymarket. The launch is happening in two […]

Finland’s gambling reform hits obstacles inside the parliament’s Administration Committee now. Lawmakers plan to break Veikkaus’ monopoly and introduce competition through licensing. Media outlet Iltalehti discovered that the National Coalition Party possibly blocked progress intentionally. Original plans say the new system begins on 1 January 2027. Veikkaus loses exclusive rights when changes take effect. Gaming companies will […]

Finland has taken another step toward opening its online gambling market. The government has now confirmed how the new dual licence system will work once the country moves away from its long-running state monopoly. The plan is based on legislative proposal HE 16/2025 and is expected to fully take effect on 1 January 2027. Officials […]

Brazilian lawmakers have moved closer to updating the country’s gambling tax rules by supporting an increase to the gross gaming revenue tax. The proposal passed with a strong 23–1 vote. The new rate is lower than the earlier suggested 24 percent and far below the previously discussed 50 percent. The government expects the change to […]

Yesterday, on December 3rd, Estonia’s parliament, Riigikogu, said yes to cutting the gambling tax. The tax rate goes down from 6% to 4% now. Voting results showed 51 members for and 31 against this decision. This creates a foundation for Estonia to become Europe’s major gambling centre. Estonia’s government had already approved the draft legislation by […]