Tag Archives: ReadWrite

Bragg Gaming posts mixed Q3 results as Netherlands downturn tempers growth

Bragg Gaming Group posted a mixed set of results for Q3 2025, with revenue climbing to €26.8 million ($31.1 million) but taking a noticeable hit in the Netherlands where tighter regulations and higher taxes dragged down performance. Netherlands regulations reduce … Continue reading

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UK gambling tax hike risks cutting revenue and driving bettors to illegal markets, report warns

A report by PwC for the Betting and Gaming Council (BGC) shows that increased UK gambling tax and regulation would both reduce tax revenue and encourage illegal offshore betting. Hot on the heels of the BGC CEO’s warning that increased … Continue reading

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Nevada intensifies crackdown, stripping DraftKings and Flutter licenses over prediction markets

Nevada gaming regulators stepped up their crackdown on prediction markets this week, pulling key licenses from major operators DraftKings and Flutter Entertainment while the state continues to battle in court over whether sports event contracts and political prediction markets are … Continue reading

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Pace-O-Matic and Miele contest $15.3M award to estate of murdered Pennsylvania clerk

The estate of a murdered Pennsylvanian gaming store clerk has been awarded $15.3 million posthumously. Pace-O-Matic (“POM”), the defendants in the case were found, alongside Miele Manufacturing, to be negligent parties in a case that dated back to 2020, where … Continue reading

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ProphetX applies to the CFTC to launch a new prediction market

ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets. The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI … Continue reading

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Andrew Tate appears to be promoting Ossi Ketola’s online casino platform Duel

Former kickboxer turned controversial figure, Andrew Tate, looks to be promoting online casino platform Duel. Duel is owned by poker player Ossi Ketola and Tate himself shared a link on X that takes you straight to the casino’s home page. … Continue reading

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Brazil’s regulated betting market to inject $5B into the economy

Brazil’s fixed-odds betting market, which has been regulated for nearly a year, could be the major boost that the economy needs, according to several gambling bodies. A recent survey titled ‘Overview of the Fixed Odds Betting Market’, which was carried … Continue reading

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Norwegian study identifies link between computer gaming and increase in gambling among adolescents

A recent study in Norway has identified a correlation between adolescents who play a lot of computer games with a higher risk of developing gambling problems. Games which rely on players buying things such as loot boxes and skins, while … Continue reading

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Did anyone win the Mega Millions? Lottery soars to $965M, 8th-largest in game’s history

The Mega Millions jackpot is closing in on the $1 billion mark again, something that has only happened eight times in the game’s history. No one matched all six numbers in Tuesday night’s (November 11) drawing. What were the Mega … Continue reading

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UK government gambling tax proposal could ‘wipe $110M from racing income’

The government gambling tax proposal put forward by UK Chancellor Rachel Reeves could cause major funding losses in horse racing. Reeves has put forward that the General Betting Duty will rise from 15% to 30% in the Autumn budget later … Continue reading

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