The Venetian Resort Las Vegas, now owned by Apollo Global Management, has been fined $7.2 million by the Nevada Gaming Control Board for allowing convicted bookmaker Mathew Bowyer to gamble on its premises. This incident occurred when Sands owned the property, making Venetian the fourth Las Vegas Strip casino penalized for this oversight.
Members of the European Gaming and Betting Association (EGBA) reported a significant 34% increase in collective gross gaming revenue (GGR) in 2025, reaching €34.0 billion. The rise was accompanied by a 13% increase in active customer accounts, totaling 43.8 million, while a decrease in Return to Player suggests an improved operator margin.
Industry stakeholders have widely condemned the UK Gambling Commission's announcement regarding its readiness to implement Financial Risk Assessments (FRAs). Critics argue the Commission has exaggerated the level of industry consultation and preparedness for these new regulations.
The England and Wales Cricket Board (ECB) has temporarily lifted its ban on gambling sponsorships for The Hundred cricket tournament. This emergency measure allows gambling firms to sponsor the competition, opening new commercial avenues for both parties.
The Star Entertainment Group has resolved long-standing tax disputes with the Australian Taxation Office (ATO) regarding GST and withholding tax treatments related to international junket operator payments made from 2013 to 2020. While the company will receive a A$33m refund, the settlement will incur an estimated A$55m charge in FY2026 for The Star.
The episode discusses a Dutch gambling tax hike that failed to meet its revenue targets and provides an update on Ireland’s new gambling licensing regime. It also covers insights into prediction market activity during the recent World Cup.
Brazil's National Association of Games and Lotteries (ANJL) supports new advertising regulations for the betting industry, emphasizing the need for campaigns to adhere to existing laws. ANJL also urges the government to strengthen enforcement against illegal gambling platforms to combat money laundering, problem gambling, and underage access.
Brazil's Ministry of Finance will issue new rules for betting advertising, including mandatory warnings like 'betting makes you lose money'. The regulations also aim to restrict commentators from making statements that could unduly influence bettors.
FDJ United welcomed the Dutch Supreme Court's ruling, which provides clarity on gambling loss claims incurred before the re-regulation of the Dutch market. This decision impacts claims made by players against operators for contracts entered prior to the Remote Gambling Act's implementation.
Banijay Gaming, parent company of Betclic, has acquired JOA Groupe, France's second-largest casino operator. This acquisition is seen as a significant move by Banijay to influence the ongoing debate regarding online casino regulation in France, potentially enabling their entry into a future French iCasino market.
Executives from Fertitta Entertainment, led by Tilman Fertitta, have provided Nevada regulators with a timeline for their proposed acquisition of Caesars Entertainment. The multi-faceted deal faces significant challenges including securing financing, gaining antitrust clearance, obtaining necessary licenses, and obtaining shareholder approval from both companies.
DraftKings is set to launch its iGaming platform in Alberta on July 13th, marking it as the second Canadian province and 34th North American jurisdiction where its sportsbook will be available. This expansion signifies a major step for DraftKings into the Canadian market.
Sportsbook VIP hosts are facing renewed scrutiny following allegations that FanDuel sent a personalized video from Bryce Harper to a gambling addict, potentially incentivizing continued play. This incident follows a lawsuit earlier in the year against VIP hosts from DraftKings and FanDuel for allegedly targeting and exploiting individuals with gambling addictions.
The President of Brazil's Supreme Federal Court, Justice Luiz Edson Fachin, identified illegal online betting as a significant tool for money laundering by criminal factions. He emphasized the need to target these mechanisms to combat organized crime, indicating potential future regulatory action or stricter enforcement against illegal gambling in Brazil.
The Ohio Casino Control Commission clarified that a recent email to stakeholders was meant to explain an ongoing rulemaking process, not to introduce a new regulatory change. This clarification addresses confusion regarding proposed rules for credit card funding within the state's gaming industry.
Indonesian authorities have deported 92 Chinese citizens who were allegedly operating an online gambling and investment fraud syndicate. This action was taken at the request of Chinese authorities, highlighting international cooperation in cracking down on illegal online gambling operations.
The UK House of Lords is considering ratifying the Macolin Convention to combat the growing issue of international sports match-fixing, driven by increased betting and organized crime. An evidence session was held to discuss the merits of incorporating this international agreement into UK law.
Noted investor Michael Burry, known from 'The Big Short,' has invested in Flutter and DraftKings, expressing confidence in their ability to succeed despite the rise of prediction markets. Burry views these leading sportsbooks as attractive businesses whose stock values are currently underestimated.
The gambling authorities of Ireland (GRAI) and Denmark (Spillemyndigheden) have signed a Memorandum of Understanding (MoU) to enhance collaboration. This agreement aims to improve compliance, monitoring, and enforcement through information exchange and sharing best practices between the two regulators.
Zeal, a German online lottery operator, has acquired UK-based prize draw company SevenCanyon to enter the UK market. This move allows Zeal to capitalize on the UK's less stringent prize draw regulations compared to its lottery laws, a sector experiencing growing interest.
The UK Tote Group has announced key leadership appointments, naming Eugene Delaney as its new B2B Chief Commercial Officer and promoting Paddy Desmond to Group Chief Operating Officer. These changes are part of a broader shakeup within its leadership team as the company continues to restructure.
Playtech has significantly raised its financial guidance for FY26 following better-than-expected performance in H1, primarily driven by strong growth in both the US and Latin American markets. This regional strength signals substantial business traction for the iGaming technology provider.
The Kentucky State Auditor (KSA) has upheld its sanction against Polymarket, a blockchain-based prediction platform, for operating as an illegal gambling enterprise. Polymarket's appeal, which argued its platform was merely an interface to an open-source protocol and some markets were financially regulated, was rejected by the KSA.
Playtech's shares rose 18% following an unexpected strong H1 trading performance, driven by continued growth in Mexico, Colombia, and the US. The company's performance has exceeded expectations despite ongoing market uncertainties.
Michael Burry, the prominent investor known for predicting the 2008 financial crisis, has announced investments in Flutter and DraftKings, signaling his belief in the resilience of the gambling industry amidst an anticipated downturn in prediction markets. Burry, through his Substack, revealed these new positions in major US gambling companies.