Tag Archives: ReadWrite

The sports sector in New Zealand is fighting back against the proposed Online Casino Gambling Bill, which was first introduced back in June. A targeted consultation is currently underway on the advertising, harm minimization, and consumer protection regulations relating to … Continue reading →

The National Indian Gaming Commission (NIGC) has announced its latest statistics, showing that a record $43.9 billion was generated in gross gaming revenues in FY 2024. This is a record figure that reflects a $2.0 billion increase over FY 2023, … Continue reading →

Kalshi suffered a damaging setback on Friday when a federal court in Maryland rejected its request for a preliminary injunction against the state’s enforcement of gambling laws against the prediction market platform.  US District Judge Adam B. Abelson denied Kalshi’s … Continue reading →

The Star Entertainment Group announces that its discussions with joint venture partners Chow Tai Fook Enterprises and Far East Consortium International have been terminated. After being unable to reach an agreement on a number of ‘outstanding commercial issues,’ The Star … Continue reading →

The casino company Kangwon Land is aiming to strengthen its illegal gambling surveillance as it launches a monitoring group. Around 30 college students will be recruited to the ‘College Student Online Illegal Gambling Site Monitoring Group’, and the ‘Offline Illegal … Continue reading →

The Illinois Gaming Board has revoked the video gaming license for Firebird Enterprises Inc., the company behind Steak N Egger – Racine, saying the owner misled regulators, hid a history of illegal gambling, and had ties to organized crime. The … Continue reading →

GambleAware is set to shut down in a phased closure following the introduction of new gambling legislation in the United Kingdom. The charity has been in operation since 2002, working to raise awareness of gambling-related harm and to provide essential … Continue reading →

Mike DeWine, the governor of Ohio, has urged the Casino Control Commission to prohibit prop bets, removing them from the legal list of bets that can be placed under the state’s contractual rules for operators. The Governor’s request follows the … Continue reading →

MyPrize announced Thursday, July 31, that it has successfully closed a $21 million funding round, bringing the company’s valuation cap to an impressive $250 million. Led by existing backers Dragonfly and Boxcars Ventures, along with contributions from major family offices, … Continue reading →

New research from the American Gaming Association (AGA) has revealed that consumers knowingly use online sweepstakes casinos for gambling, with the platforms exploiting legal loopholes to deliberately target players in key states.  This action undermines the regulated gaming industry, prompting … Continue reading →