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Tag Archives: ReadWrite
Ecuador president Daniel Noboa could legalize gambling in upcoming referendum
Ecuador President Daniel Noboa has paved the way for the reintroduction of casinos and gaming halls, as part of a wide-ranging referendum on key issues surrounding gambling for the South American nation. The leader insists the gambling activity will be … Continue reading
Cayuga Nation victory over New York State on lottery activity
The Cayuga Nation has won a key legal battle after a federal judge ruled that its lawsuit against New York State over gaming rights can move forward. The Nation claims the state has been running unauthorized gambling operations, with the … Continue reading
IPPR urges UK government to increase gambling tax to address child poverty
The Institute for Public Policy Research (IPPR) has called upon the UK government to significantly increase gambling tax, as a means to reduce child poverty. The think-tank has set out its position with the aim of the policy change raising … Continue reading
JPMorgan Chase acquires stake in Star Entertainment, filing shows
In another update for The Star Entertainment Group, JPMorgan Chase has now acquired a 5.66% stake in the business. This percentage represents the investment banker’s new voting power within the company, with the news being shared through an ASX Announcement … Continue reading
WLA shares commitment to combating match fixing and maintaining sports integrity
The World Lottery Association (WLA) has announced that it has ramped up activities to combat match fixing and other illicit activities which impact the industry. “Together with other stakeholders, we are leading this global fight,” the WLA says. In a … Continue reading
Light & Wonder reports huge 16% increase in net income for Q2
Light & Wonder has seen its net income rise by 16% in its second quarter of the year, with the figure increasing to $95 million. While the net income saw a massive increase, the consolidated revenue of $809 million decreased … Continue reading
DraftKings reports major 37% revenue spike in Q2
DraftKings has just announced its statistics for the second quarter, with its revenue seeing a massive 37% growth. For the three months ended June 30, 2025, the American gambling company has seen revenue of $1,513 million, which represents an increase … Continue reading
MIXI receives approval to acquire PointsBet
MIXI Australia Pty Ltd (MIXI) has received the green light from the nation’s regulators to take over PointsBet. This marks a possible end to the months-long saga that was fiercely contested between MIXI and rival Betr Entertainment (Betr). The former … Continue reading
Star gets another lifeline as government delays $1000 gambling limit
As the Star Entertainment group struggles financially, the New South Wales government in Australia has extended a small lifeline. Rather than introduce its $1000 AUD ($650.49) gaming limit on August 19, it will instead postpone it until August 19, 2027. … Continue reading
South Dakota gaming commission warns of uptick in illegal online casinos
Another government body has had to come forward to warn its constituents of “fraudulent online casinos.” This time, the South Dakota Commission on Gaming (SDCG) has issued a press release with a surface-level warning to those who happen to use … Continue reading