Tag Archives: ReadWrite

The UK Gambling Commission (UKGC) posted a speech that covers updates to regulations in the country. This comes as the UK Budget, which happens once a year, increased taxes on certain forms of gambling. One of these changes is that … Continue reading →

The gaming company INTRALOT has announced its financial results for the nine-month period, with revenue being 2.9% less than the previous year. The CEO has also spoken out about the revised gaming taxes in the UK, following the budget announcement. … Continue reading →

The Spelinspektionen, or Swedish Gambling Authority, has been hit with criticism from the Justice Ombudsman (JO) over the self-exclusion system for gambling. In recent months, the gambling industry worldwide has been taking better care of how it presents safety for … Continue reading →

New Jersey and Ohio lawmakers have filed an order from a Nevada judge in an attempt to curb prediction market Kalshi from bringing its form of gambling to the states. It comes as earlier this year, Nevada and New Jersey … Continue reading →

Kalshi, the major prediction market, has been hit with a nationwide class action lawsuit, filed in the Southern District of New York. The suit claims that Kalshi is allowing illegal sports betting, as well as forcing players against the house. … Continue reading →

Merkur Group has expanded its partnership with electronic table game developer Spintec to acquire a “significant stake” in the company. After initially investing back in 2019, Merkur Group has now acquired what it describes as “a significant stake” in Slovenia-based … Continue reading →

The Pennsylvania Gaming Control Board has revoked licenses, imposed fines, and denied individual gambling privileges in a series of decisions. The PGCB took a number of actions on November 19 against those in violation of gambling rules in the state. … Continue reading →

PENN Entertainment has extended its agreement to use Kambi’s retail sportsbook technology until July 31, 2027. After initially extending the agreement to the end of 2025, Kambi will now continue to support PENN’s sportsbook operations until July 31, 2027. The … Continue reading →

After a post to social media allegedly containing racist language from Polymarket’s company account, a representative for the company has apologized. Prediction market Polymarket was quickly called out for a now-deleted post to X that allegedly contained ethnic slurs. The … Continue reading →

Financial services company Robinhood has agreed to pause its sports prediction markets activities in Nevada pending further legal proceedings, after a judge ruled that contracts by Kalshi could not be offered in the state. Federal judge Andrew Gordon denied Robinhood’s … Continue reading →