Tag Archives: ReadWrite

Rachel Reeves, the UK’s Chancellor of the Exchequer, is set to raise the General Betting Duty from 15% to 30% in her Autumn Budget later this month. Amid this, a report by the country’s Betting and Gaming Council (BGC) has … Continue reading →

Bulgaria is planning to increase the gambling tax from 20% to 25%, with the increase for operators taking effect on January 1, 2026. Following an update to the Medium-Term Budget Forecast (2026-2028), the amendment to the Gambling Act will see … Continue reading →

PrizePicks has announced a multi-year partnership with Polymarket that will let the US based sports entertainment company offer event contracts through Polymarket’s upcoming prediction platform. According to both companies, the integration will give PrizePicks users access to markets on sports, … Continue reading →

Bally’s Corporation has posted its Q3 financial results, with revenue having climbed further as the casino segment thrives amongst other markets. The company, which operates 19 casinos across 11 states along with online sports betting operations, reported revenue of $663.7 … Continue reading →

A new poll from the prediction market operator Kalshi shows that most Americans want access to prediction markets and would rather see them overseen by the federal government instead of state gambling regulators. The timing isn’t a coincidence. The results … Continue reading →

The CEO of the UK’s Betting and Gaming Council has outlined a warning that £8.4 billion ($11.1 billion) in bets could go to the black market if the proposed tax hike goes ahead. On the heels of its warning about … Continue reading →

A new bill from Assemblyman Clyde Vanel would give lawmakers the power and framework to regulate prediction markets in the state of New York. Vanel’s Bill A.B. 9251 was revealed on Friday (November 7) with the official purpose “to amend … Continue reading →

Four arrests have been made by the Honolulu Police Department between two raids as part of an illegal gambling investigation. Honolulu officers from the city’s Narcotics/Vice Division made four arrests after carrying out search warrants on two locations. The first … Continue reading →

The Social Gaming Leadership Alliance (SGLA) has recategorized online sweepstakes games amid controversy around the gaming sector. A blog written by SGLA Managing Director Sean Ostrow has launched “Social Plus”, a new term for online sweepstakes games. The rebranding is … Continue reading →

There’s no denying that the gambling industry is changing at a rapid pace, with new offerings being introduced on an almost daily basis by operators. One of those major changes includes the introduction and expansion of microbetting which moves away … Continue reading →