Tag Archives: ReadWrite

The payments platform Paysafe suggests the 2026 FIFA World Cup will be a key moment for North America, as it says 60% of consumers plan to place bets online or via an app, with 19% planning to bet for the … Continue reading →

With the Super Bowl looming, FanDuel and DraftKings prediction markets could potentially be introducing parlays for the event following a self-certification contract with the CFTC. The CME Group, which partners with the two industry giants, has self-certified a multi-leg football … Continue reading →

The Oxford Casino, based in Maine, has filed a federal lawsuit which challenges “efforts to grant a monopoly on online casino-style gambling (“iGaming”) to four specially selected Indian Tribes.” This comes after Governor Mills, of the State of Maine, announced … Continue reading →

The Austrian Supreme Court has ruled that loot boxes present within video games do not constitute gambling under their gambling laws. This comes after a player attempted to reclaim nearly €20,000 ($24,000) spent on in-game purchases in a football video … Continue reading →

The FBI are seeking Michael Lizaso Marasigan in connection with alleged illegal gambling activities and related financial crimes, and have placed him on the most wanted list. He is wanted for violations of his pretrial release, according to his profile … Continue reading →

Billions of tax revenue would be generated if all 50 states in the US made sports betting legal, a report by the Tax Foundation claims. If all states established statewide gambling markets, the Tax Foundation estimates that gross gaming revenue … Continue reading →

The Lumbee Tribe of North Carolina secures 241 acres of land in Robeson County and teases the idea of a casino and resort in the announcement. The update comes from the Lumbee Tribal Chairman, John L. Lowery, who has discussed … Continue reading →

The newly formed Coalition for Prediction Markets (CPM) have gone big on the marketing budget, as they share a full page advertisement in the Washington Post. Within it, it reads “CFTC regulated prediction markets (already) ban insider trading.” It then … Continue reading →

Las Vegas Sands, which owns properties worldwide, posts a strong Q4 and full-year, but Sands China sees dip. The net revenue of the company was $3.65 billion, compared to $2.90 billion in the prior year quarter. The operating income was … Continue reading →

Entain has officially confirmed that it will no longer be sponsoring the Coral Cup at the Cheltenham festival after a 52-year association with the event. The operator first sponsored the race in 1974, but the decision follows an increase in … Continue reading →