Regulation & Law

Amid the increasing tax burden on the UK gambling industry, the Flutter Entertainment has announced its intention to cut up to 1,400 jobs. The group announced to restructure its business. This decision follows the announcement of tax increases on the UK betting and gambling sector, which was includ…

SkillOnNet has much to celebrate, as the company has become a fully licensed iGaming entity in New Zealand, claiming one of 15 available operator licenses, which will allow it to launch online casino services locally. SkillOnNet Poised to Break Ground into New Zealand with PlayOJO The company has b…

Third-quarter business performance of Marina Bay Sands casino resort (pictured) in Singapore had “some question” attached to it relative to “fallout from China clamping down on offshore tax collections,” says JP Morgan Securities LLC. The institution added that its US$680-million forecast for Marin…

The South Korean government might decide not to raise to 15 percent, the ceiling on casinos’ annual-revenue contribution to a tourism fund, but instead opt for a lower figure. That is according to KB Securities Co Ltd analyst Choi Yong-hyun, in a recent memo. He cited concerns about industry profit…

If Japan’s Fukuoka prefecture doesn’t make a bid for an integrated resort (IR) with casino in the next national application round starting in May next year, “the opportunity will be lost for good”. That is according to Tuesday comment by Joji Nagahara, mayor of Ōtō, a small town (pictured) in the n…

Old tax disputes are leaving a fresh mark on earnings. India’s Delta Corp reported an $11.2 million loss for the September quarter, its second consecutive quarterly deficit, after booking a further GST provision. Casino revenue also fell 13.4 percent year-on-year. Meanwhile, Fitch revised Light & W…

A Kambi director has commented on Brazil’s recent gaming U-turn, which resulted in a sudden ban on online gambling less than two years after the market launched. According to him, the country’s sudden change of heart could have significant adverse effects. Lenoble Warned of Significant Adverse Effe…

With Italy’s retail gaming concessions set to expire at the end of 2026 and the tendering process getting delayed, land-based companies are wary of a potential business disruption. Because of that, Associazione Gestori Scommesse Italia (AGSI), an association representing betting operators, has enco…

A former college basketball player who defrauded cryptocurrency investors and gambled away their money on offshore casino Stake.com has pleaded guilty to federal fraud and money laundering charges. Elmin Redzepagic, 25, of Wolcott, Conn., entered his plea Monday before US District Judge Kari A. Doo…

With Election Day two weeks away, voters are being inundated with polling information and prediction market data is increasingly part of that landscape, but voters don’t like that. Moreover, a new study by the Brennan Center for Justice indicates that prediction markets’ political event contract da…

Prediction-market giant Polymarket pulled a betting market on the Cornell University gang-rape case Monday (Oct. 19) after a backlash from anti-sexual violence campaigners, according to Front Office Sports, which first reported the controversy. Launched September 30 on Polymarket’s international pl…

With investors pondering the effects of elevated spending and prediction market pressure, shares of DraftKings (NASDAQ: DKNG) are off more than 40% year-to-date, but that decline may be creating an unusual valuation opportunity with the battered gaming stock. In a new report, Morningstar analyst Da…

The Curaçao Gaming Authority (CGA) announced it would soon launch a replacement licensing portal after a recent cyberattack exposed more than 40,000 documents connected to the region’s gambling sector. The regulator believes this step will better protect the integrity of licensing and supervision o…

Oct. 20 marks the 47th day of the Encore Boston Harbor strike, with 1,300 union workers continuing to walk the picket line in front of the $2.6 billion five-star luxury resort casino. The financial consequences are severe, with union members of Unite Here Local 26 and Teamsters Local 25 having only…

A former New York City official who allegedly gambled away half his salary at casinos and an underground gambling den with Mafia connections went on trial Monday (Oct. 19) accused of trading political favors for cash and gifts. Eric Ulrich, 41, a former Queens councilman and buildings commissioner…

Atlantic City Mayor Marty Small Sr. rejects claims that the streets surrounding the nine casinos aren’t safe. On Monday (Oct. 19), the Democratic mayor appeared on the syndicated radio show The Breakfast Club and asserted that Atlantic City has never been safer, cleaner, or ready for economic devel…

Buenos Aires provincial senator Federico Fagioli has introduced a bill seeking to ban online betting, including slots, roulette, blackjack, poker, and sports betting. The initiative has been dubbed the “Lula Law,” referring to the iGaming ban imposed by Brazilian President Luiz Inácio Lula da Silva…

Australia’s gambling advertising rules will ban notable people from appearing in ads from 1 January 2027. The Australian Communications and Media Authority (ACMA) has released initial guidance, giving operators, broadcasters and publishers less than three months to prepare. The ban will cover broad…