Tag Archives: ReadWrite

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 →

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 →

Following three years of legal battles, a Thai court of appeals has upheld an extradition order against an alleged ‘Chinese gambling kingpin.’ According to the Bangkok Post, a 43-year-old Chinese man, named She Zhijiang, who also holds a Cambodian passport, … Continue reading →

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 →