Tag Archives: ReadWrite

Nevada gaming regulators stepped up their crackdown on prediction markets this week, pulling key licenses from major operators DraftKings and Flutter Entertainment while the state continues to battle in court over whether sports event contracts and political prediction markets are … Continue reading →

The estate of a murdered Pennsylvanian gaming store clerk has been awarded $15.3 million posthumously. Pace-O-Matic (“POM”), the defendants in the case were found, alongside Miele Manufacturing, to be negligent parties in a case that dated back to 2020, where … Continue reading →

ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets. The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI … Continue reading →

Former kickboxer turned controversial figure, Andrew Tate, looks to be promoting online casino platform Duel. Duel is owned by poker player Ossi Ketola and Tate himself shared a link on X that takes you straight to the casino’s home page. … Continue reading →

Brazil’s fixed-odds betting market, which has been regulated for nearly a year, could be the major boost that the economy needs, according to several gambling bodies. A recent survey titled ‘Overview of the Fixed Odds Betting Market’, which was carried … Continue reading →

A recent study in Norway has identified a correlation between adolescents who play a lot of computer games with a higher risk of developing gambling problems. Games which rely on players buying things such as loot boxes and skins, while … Continue reading →

The Mega Millions jackpot is closing in on the $1 billion mark again, something that has only happened eight times in the game’s history. No one matched all six numbers in Tuesday night’s (November 11) drawing. What were the Mega … Continue reading →

The government gambling tax proposal put forward by UK Chancellor Rachel Reeves could cause major funding losses in horse racing. Reeves has put forward that the General Betting Duty will rise from 15% to 30% in the Autumn budget later … Continue reading →

Following three years of legal battles, a Thai court of appeals has upheld an extradition order against an alleged ‘Chinese gambling kingpin.’ According to the Bangkok Post, a 43-year-old Chinese man, named She Zhijiang, who also holds a Cambodian passport, … Continue reading →

Rachel Reeves, the UK’s Chancellor of the Exchequer, is set to raise the General Betting Duty from 15% to 30% in her Autumn Budget later this month. Amid this, a report by the country’s Betting and Gaming Council (BGC) has … Continue reading →