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Tag Archives: ReadWrite
UK gambling tax: gathering industry storm ahead of potential budget changes
The looming delivery of the November 2025 budget has sparked a storm of speculation about the potential impact of a tax increase on Britain’s economy and gambling infrastructure. With any potential changes to taxation in a nation, there comes a … Continue reading
SGLA testifies before Massachusetts committee about ‘Social Plus’ gaming
The Social Gaming Leadership Alliance (SGLA) has this week (November 13) testified before a Massachusetts committee on a bill that contains provisions that could see Social Plus games banned in the Commonwealth. Just the day before, the alliance announced the … Continue reading
MGM welcomes ‘new era’ for Vegas resort with $300M remodel
The MGM Grand Hotel and Casino, which opened in Vegas in 1993, has undergone a massive $300 million room and suite model within the main tower. A new collection of 3,969 rooms and suites have been unveiled, with the interiors … Continue reading
NFL memo outlines ‘prohibited’ prop bets as it takes over sports
The NFL has come out with a memo for team officials to try to curb the rise of prop bets. With multiple sports franchises now dealing with rigged bets fiascos, the NFL appears to be trying to come out ahead … Continue reading
Polymarket opens ‘beta test’ for re-entering US as it targets sportsbooks
Polymarket is attempting to re-enter the United States market, as it reportedly begins beta testing its operation. It has started this plan by allowing some users access, as well as matching trades. The prediction market had originally left the US after … Continue reading
PrizePicks launches prediction markets through new partnership with Kalshi
PrizePicks has announced a multi-year partnership with Kalshi, which it calls the largest prediction market in the world. It also introduced a new prediction markets feature through its subsidiary, Performance Predictions II, a federally approved Futures Commission Merchant. This comes … Continue reading
Mexico shuts down 13 casinos for alleged organized crime connections and money laundering
Mexico’s Ministry of Finance and Public Credit has shut down 13 casinos after a multi-month investigation into organized crime and money laundering. Working with the Security Cabinet, the Ministry of Finance and Public Credit has identified 13 casinos as part … Continue reading
UKGC data shows shifting UK gambling behavior as revenue nears $1.9B
The Gambling Commission has published market impact data on UK gambling behavior and operator data for the first three quarters of 2025. The UKGC has shared an update to the industry’s data and user behavior for 2025 so far, up … Continue reading
Flutter sees group revenue and player base rise in Q3, despite reporting net loss
Flutter Entertainment has shared its Q3 earnings report, seeing revenue and player numbers rise while cash flow falls, leading to a net loss. In its Q3 financial report, Flutter reported some highs and lows, with group revenues up 17% year-on-year, … Continue reading
Bragg Gaming posts mixed Q3 results as Netherlands downturn tempers growth
Bragg Gaming Group posted a mixed set of results for Q3 2025, with revenue climbing to €26.8 million ($31.1 million) but taking a noticeable hit in the Netherlands where tighter regulations and higher taxes dragged down performance. Netherlands regulations reduce … Continue reading