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Tag Archives: ReadWrite
Report on gambling finds tougher regulation would ‘carry strong support’ in Britain
A new report, looking at the British public’s attitudes towards the gambling sector, shows that tougher regulation would carry strong support. The findings come from the ‘Ending a Losing Streak’ report from the thinktank More In Common and Coalition to … Continue reading
PENN Entertainment announces board-approved reshuffle in a bid to streamline leadership
PENN Entertainment, Inc. (PENN) has announced a new corporate organizational structure as part of a board-approved reshuffle. The move, says the leaders at PENN, is engineered to streamline roles and “sharpen strategic focus.” The top-level changes at the gaming giant … Continue reading
WSOP Circuit returns to Choctaw with $1M guaranteed main event
This year’s season of the World Series of Poker (WSOP) is officially underway, with Choctaw Casino and Resort in Durant, Oklahoma, to offer poker players 18 WSOP Circuit ring events this January. These will take place from Wednesday, January 7, … Continue reading
Sri Lanka increases casino entrance and gross collection levies for 2026
Sri Lanka has increased its casino entrance and gross collection levies for 2026, issuing a formal notice to operators and businesses. A formal notice from the Inland Revenue Department to casino operators and betting and gaming businesses in Sri Lanka … Continue reading
Hong Kong police freezes $353M in assets from Chinese businessmen Chen Zhi
More assets belonging to Chinese-Cambodian businessman Chen Zhi have reportedly been seized in the wake of an investigation into gambling fraud, money laundering and ‘pig butchering’ scams. According to the South China Morning Post, Hong Kong Police has frozen HKD … Continue reading
New state and federal gambling laws in the US could affect betting income in 2026
A new US tax law could change the gambling experience for Americans in 2026, with President Donald Trump’s One Big Beautiful Bill Act (OBBBA) could see take-home winnings reduced. Do you have to pay tax on gambling winnings in the … Continue reading
Polymarket Maduro bet resulting in $400,000 cashout sparks concerns of insider trading
Concerns around insider war trading are being raised after a Polymarket bet on the Venezuelan President Nicolas Maduro results in a $400,000 cashout. As pointed out by investor and podcaster Joe Pompliano on X, a brand-new Polymarket account invested more … Continue reading
Yocha Dehe Wintun Nation calls temporary Vallejo casino ‘deeply hurtful to Patwin people’
After the Scotts Valley Band of Pomo Indians decided to move ahead with a temporary casino in Vallejo despite legal obstacles, a Yocha Dehe Wintun Nation spokesperson responded to the move. Plans by the Scotts Valley Band of Pomo Indians … Continue reading
The first hearing on Indiana’s sweepstakes casino ban bill has had its date set
The first hearings of 2026 related to banning sweepstakes casinos in Indiana have been scheduled for the coming weeks. The next step in banning sweepstakes casino gaming is coming in the form of the very first hearings related to the … Continue reading
Nevada man sentenced after stealing $714K from multiple Dotty’s Casino locations
A man from Sun Valley, Nevada, has been given a custodial sentence for embezzling three-quarters of a million dollars from casino locations where he was employed. Thomas Tonar, 61, worked for Nevada’s Dotty’s Casino locations throughout the state, and as … Continue reading