iGaming News & Gambling Industry Updates

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 […]

According to estimates by the NPA, Japanese users spend a total of 1.24 trillion yen (around $8.6 billion) annually on gambling operator websites. This amounts to approximately $2,552 per active player. Market analysis shows that the 40 largest online casinos and sportsbooks operating in Japan are licensed offshore and are registered in corresponding offshore jurisdictions. […]

On April 24, 2025, the last land-based casino in Sweden — Casino Cosmolot in Stockholm — had its final day of operation. The operator Svenska Spel, which managed land-based facilities in the country, confirmed that from this point on, Sweden’s gambling industry will continue to develop exclusively online. Earlier this month, the Swedish Parliament voted […]

Kalshi Goes Head-to-Head with Maryland as the High-Stakes Legal Showdown Over Prediction Markets Intensifies In a significant escalation of the ongoing legal and regulatory battle between state authorities and prediction market operators, Kalshi, a New York-based financial technology company, has filed a lawsuit against Maryland’s Lottery and Gaming Regulator. The lawsuit, lodged in the United […]

In the booming world of online sweepstakes gaming, legal storm clouds are gathering. At the center of the latest brewing battle is Canadian tech firm Blazesoft Ltd., a fast-growing operator behind some of the internet’s most recognizable social casino brands: Fortune Coins, Zula Casino, and Sportzino. What once seemed like a clever workaround to America’s […]

In a landmark move, the United Arab Emirates has officially authorized BMM Testlabs, a global leader in gaming product testing and certification, to serve as an Independent Testing Laboratory (ITL) for its freshly minted national lottery and broader commercial gaming program. This isn’t a mere rubber stamp; this is the dawn of a bold new […]

   Yield Sec: GGR of Crypto Casinos in 2024 Reached $81.4bn. This figure has increased fivefold since 2022.    According to Yield Sec’s founder, Ismail Vali, the behavior and habits of the target audience have changed significantly. Just a few years ago, players were skeptical of crypto platforms and far from using cryptocurrencies in general, […]

   As a result of a cyberattack by North Korean hackers in February this year, crypto exchange Bybit lost approximately $1.46 billion worth of ETH (8% of Bybit’s total reserves).    Bybit CEO Ben Zhou wrote on social media platform X that as of today, only 3.84% of the stolen amount has been frozen. The […]