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Tag Archives: ReadWrite
UPDATE: state regulators vote to award three New York casino licenses
The New York Gaming Facility Location Board has said it’s backing all three of New York City’s finalists for a casino license on Monday (December 1). The Gaming Facilities Location Board, which features five members, chose three casinos to be … Continue reading
Hong Kong Jockey Club runs race meeting behind closed-doors and donates proceeds to fire victims
The Hong Kong Jockey Club announced the income from its Sunday race meeting, which amounted to HK$70.2 million ($9 million), will be donated to the fire at Wang Fuk Court in Tai Po. This comes after seven of eight tower … Continue reading
Pokies in over 670 NSW venues to be switched off after 4am
The Minns Labor Government in Australia is bringing in a major shake-up as it’s bringing in a six hour shutdown of gambling machines. To bring this into reality, it’s revoking the exemptions that are enabling pubs and clubs to vary … Continue reading
Could prediction markets replace political polls? ‘Maybe yes, maybe no’
As prediction markets offer contracts in more and more areas, are they starting to encroach on the role that opinion polls currently serve in politics? Pre-election polls are often referenced in the build-up to major elections, offering a flavor of … Continue reading
How is the rise of women’s soccer impacting sportsbooks?
Women’s soccer is becoming hugely popular, with fans breaking records in viewership and attendance, but unlike sponsors and investors, sportsbooks have yet to fully follow. As the industry continues to prove of interest to many, it’s providing sportsbook operators with the … Continue reading
UK Gambling Commission announces updates to regulations post-Budget
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
INTRALOT speaks out on UK Budget and finances
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
Gambling watchdog in Sweden gets dressing down from government watchdog
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
Ohio and New Jersey file to block Kalshi on back of Nevada decision
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 class action lawsuit claims its running a rigged sportsbook
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