Tribes acknowledge Oklahoma wagering bill coming but is there a path forward?
Stitt, who became Oklahoma’s governor in 2018, has had a difficult relationship with Indian country. He has been sued by lawmakers over compact negotiations and has alienated the tribes by trying to...
View ArticleNew York sports betting revenue slips despite higher September spend
Total sports betting handle in New York during September was $1.80bn (£1.38bn/€1.65bn). This is 2.3% up on last year and 25.0% ahead of August this year. Data released by the New York State Gaming...
View ArticleMacau lawmakers to vote on bill criminalising illegal money exchange
On 10 October, the AL’s second standing committee concluded its review of the amended Law on Combating Gambling Crimes, reports the Macau Daily Times. Lawmakers could vote on the legislation as early...
View ArticleArizona tribes contribute $43.9m in gaming revenue for Q1 FY2025
Of that total reported, $887,527 will go to Arizona problem and responsible gambling initiatives while $4m covers ADoG operating costs. Tribal casinos don’t pay taxes to the state, but are compacted...
View ArticleFDJ rebuilds Kindred board following chairman and director exodus
Carlsson, James H Gemmel, Cédric Boireau, Andrew McCue, Jonas Jansson and Kenneth Shea all tendered their resignations as FDJ’s €2.45bn takeover of Kindred was approved on 4 October and, on Monday (14...
View ArticleCrown fined AU$2m in Victoria for self-exclusion breaches
A VGCCC investigation found 242 people who had self-excluded from gambling were able to place bets at Crown Melbourne casino on hundreds of separate occasions. Additionally, 427 self-excluded persons...
View Article“Utterly economically illiterate”: UK industry reacts to gambling tax hike...
A report in the Guardian on Friday (11 October) said the government is considering a number of thinktank proposals to increase taxes and make up to £3bn (€3.6bn/$3.9bn) in gains. These include raising...
View ArticleNew bill suggests reallocating betting tax with 10% going to Brazil health...
Law No 14,790/2023, which legalised sports betting and igaming in Brazil, set the tax rate for operators at 12% of gross gaming revenue (GGR), 28% of which would go to the tourism sector. Of that 28%,...
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Harris, Trump, everything in between: Kalshi explodes with political futures
Kalshi was first cleared to resume its election trading 2 October. A three-judge panel for the US Court of Appeals for the District of Columbia affirmed a lower court’s ruling that the Commodity...
View ArticleUS sports betting round-up: Indiana, Iowa and Delaware in September
Revenue and handle growth in Indiana Starting in Indiana, consumers spent $483.8m (£369.5m/€443.5m) betting on sports during September. This is 19.7% more than the same month last year and 57.1% ahead...
View ArticleAnalysts: Macau’s new CE short on economic experience, political chops
The 62-year-old mainland native, formerly president of Court of Final Appeal in Macau, won 394 of 398 votes. In December, he will succeed Ho Iat-Seng, who is stepping down for health reasons. News...
View ArticleFinland mulls early market launch as legislation reaches final revisions stage
Finland’s gambling regulation draft was released to the public in July but faced some controversy for being particularly restrictive in various areas. A public consultation was opened and industry...
View ArticleOperators left off SPA-approved list initiate lawsuits against the regulator
In early October, the SPA published a list of 89 operators it considered legal and eligible to continue operating across Brazil between 1 October and 31 December. The list features operators that both...
View ArticleCodere Group eyes LatAm and Europe expansion on recapitalisation completion
Codere’s consolidated net debt has been reduced to about €65m, ensuring “a future of stability and growth”, the operator said. During the process, initiated in June, Codere also received €60m in new...
View ArticleGerman court backs GGL’s Swiss payment provider ban
The Halle Administrative Court upheld regulator Gemeinsame Glücksspielbehörde der Länder’s (GGL) move to block the provider from processing such transactions. The GGL said it was noteworthy that the...
View ArticleDraftKings boosts golf offering with Mustard Golf acquisition
The deal, DraftKings said, allows it to bring golf pricing capabilities in-house to improve its live golf content. Mustard Golf is a B2B supplier of golf betting models and pricing within the online...
View ArticleArizona sports betting market up YoY, but down against June
Players wagered $410.1m (£313.7m/€376.6m). This is up against $323.2m July last year but down against $454.1m June this year. Of the July handle, $404.8m was spent betting online and $5.4m at retail...
View ArticleMassachusetts sets betting handle and revenue records in September
During September, handle in Massachusetts hit $678.7m (£519.1m/€623.1m). This is a new monthly high for the state, surpassing the existing record of $658.7m set in December last year. The September...
View ArticleCould latest POGO arrest unlock broader conspiracy?
On 10 October, Philippines armed forces and immigration officials arrested Dong, also known as Lin Xunhan, near Metro Manila. The Chinese national has been described as a “kingpin” of the...
View ArticleTop Sport loses appeal over self-exclusion violations in Lithuanian Supreme...
The regulator’s €15,000 (£12,540/$16,330) fine was handed to Top Sport last year by the regulator after the case was heard in the Vilnius District Administrative Court. The case was then appealed to...
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