State of the Union: Tyson-Paul betting in Massachusetts, more election results
Mass regulators will allow bets on Tyson-Paul Massachusetts regulators Thursday (7 November) decided not to ban betting on the Jake Paul-Mike Tyson exhibition boxing match set for 15 November. Citing...
View ArticlePointsBet denies reports of AU$300 million overseas takeover
Reports emerged over the weekend that PointsBet had held talks over a possible takeover. The Australian said discussions have taken place with several potential suitors – including at least one in...
View ArticleAnalysts divided on future of Japan IRs
For decades, Japan considered the risks and benefits of a legal casino industry. The idea gained traction under the late prime minister, Shinzo Abe, who pushed integrated resorts (IRs) with gaming as...
View ArticleCorfai Capital onboards Fintan Costello as partner
Founded in November 2023 by Ben Robinson, Corfai Capital acts as a specialist M&A advisory, it has facilitated various key sector deals since its inception including Better Collective’s €42m deal...
View ArticleColombian army helps to dismantle criminal group linked to illegal gambling
The joint operation has dismantled the Apolo group, which was allegedly generating close to COP10 billion (£1.8 million/€2.1 million/$2.3 million) a year in profits from the illegal sale of raffles,...
View ArticleGambleAware wants the UK to increase gambling ad restrictions in line with...
The charity believes a number of policy changes should be made to address public health concerns around the impact of gambling marketing, including a pre-watershed ban on broadcast adverts,...
View ArticleWeekend Report: Ex-Tory leader warns over gambling political donations, WWE...
Former Tory leader warns against donations from gambling sector First, Sir Iain Duncan Smith, former leader of the Conservative party, has told political parties in Great Britain to stop taking...
View ArticleLouisiana rep files bill pushing for 51% online sports betting tax
Louisiana currently levies a 15% GGR tax on online sports betting licensees. Should Republican Representative Wilder’s HB22 pass it would bring the state’s tax to the joint-highest level in the US...
View ArticleBrazil SPA joins national anti-corruption body ENNCLA to boost AML efforts
The SPA, which sits within the ministry of finance, is tasked with regulating, authorising and monitoring the country’s betting market, with the legal sector set to go live on 1 January 2025. One of...
View ArticleGenting Singapore posted 63% drop for Q3, but analysts optimistic
On 7 November the operator of Resorts World Sentosa (RWS) in Singapore announced third-quarter net profit of S$79.4 million (£46.3 million/€56 million/$59.4 million), versus S$216.3 million during the...
View ArticleEndeavor confirms $450 million OpenBet management buyout
The MBO is being backed by Endeavor CEO Ariel Emanuel and features participation from several OpenBet executives, including CEO Jordan Levin. It will be financed through a mix of cash and debt. A...
View ArticleAristocrat offloads Plarium business to MTG for up to $820 million amid...
MTG will pay an initial $620 million to take ownership of Plarium and Aristocrat will be due up to an additional $200 million should Plarium achieve certain financial targets between 2025 and 2028. Of...
View ArticleANJL: Brazil black market will grow if betting law is deemed unconstitutional
On Monday (11 November), the ANJL shared its thoughts at the ongoing Federal Supreme Court (STF) hearing which will determine whether Law No 14,790/2023 for legalised sports betting in Brazil is...
View Article