Tag Archives: ReadWrite

Mexico’s Ministry of Finance and Public Credit has shut down 13 casinos after a multi-month investigation into organized crime and money laundering. Working with the Security Cabinet, the Ministry of Finance and Public Credit has identified 13 casinos as part … Continue reading →

The Gambling Commission has published market impact data on UK gambling behavior and operator data for the first three quarters of 2025. The UKGC has shared an update to the industry’s data and user behavior for 2025 so far, up … Continue reading →

Flutter Entertainment has shared its Q3 earnings report, seeing revenue and player numbers rise while cash flow falls, leading to a net loss. In its Q3 financial report, Flutter reported some highs and lows, with group revenues up 17% year-on-year, … Continue reading →

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 →

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 →

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 →

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 →

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 →

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 →

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 →