Jumpman Gaming's £13.2 million tax bill has been nullified following a landmark UK legal decision by the Upper Tribunal. This ruling comes amidst ongoing debate surrounding gambling taxation in the country, benefiting the Guernsey-based online casino company.
SOFTSWISS hosted an event in Portugal, gathering industry experts to discuss AI, regulation, and future digital growth markets. The event focused on key ideas from the 2027 iGaming Trends Report, with participants from SOFTSWISS, Amazon Web Services, and Google.
Bally's Corp. has finalized a $400 million financing package, led by WhiteHawk Capital Partners, for its planned $4 billion casino in the Bronx, New York. These initial term loans will be allocated towards pre-construction costs and other expenditures for the development, which is anticipated to open by 2030.
The Massachusetts Department of Public Health (DPH) has launched Evive, a new mobile app designed to provide an initial point of contact for problem gamblers seeking support. This initiative aims to reach individuals as gambling activity increasingly shifts to mobile platforms.
Brazil's National Congress has extended the deadline for amendments to Provisional Measure No. 1.394/2026, which prohibits online gaming. Lawmakers now have until October 13 to submit further amendments to the measure, which currently has 40 proposals.
Entain has expressed serious concerns regarding reports of racing live feed supplier SIS's partnership with Santeda, an operator reportedly unlicensed in the UK. Documents from a Curaçao gambling authority data leak suggest SIS entered a commercial agreement with the unlicensed bookmaker.
Brazilian President Luiz Inácio Lula da Silva stated he does not anticipate the National Congress overturning the country's betting platform ban. He acknowledged the measure might not eliminate illegal gambling but expects it to pass congressional scrutiny.
TMX Group, parent company of the Toronto Stock Exchange, is considering expanding into prediction markets in Canada should client demand materialize. The company's CFO, David Arnold, indicated they might replicate prediction market products similar to those pursued by US exchange operator Members Exchange (MEMX).
Betsson Group has launched its flagship Betsson brand in Belgium, replacing its existing betFIRST operations in the country. This strategic move aims to further enhance global recognition of the main Betsson brand, three years after its acquisition of betFIRST.
The Swedish regulator has temporarily revoked Charm Entertainment AB’s casino licence following an investigation. This decision was based on discovered discrepancies in Charm’s annual accounts and the involvement of personnel charged with accounting crimes.
Licensed betting companies in Brazil have utilized football advertising boards to protest President Lula's proposed betting ban. These companies warned that such a ban could inadvertently fuel the country's illegal betting market.
e-gaming and Novibet have partnered to offer a selection of online games to Novibet players in Mexico. This collaboration expands e-gaming's international presence and strengthens its position within the Latin American market.
Regulus consultancy has determined that a proposed increase in the MGD (Machine Games Duty) could jeopardize £92 million of income generated by horse racing. The consultancy also projected that approximately 4,000 betting shops in the UK might close by 2029 as a consequence of this change.
The gambling industry is challenging the evidence presented by the UK House of Lords in support of a gambling advertising ban. Critics argue the committee relied on a disputed survey, disregarded the industry's self-imposed advertising limits, and dismissed black market concerns based on interviews with state monopolies.
SBC News reviewed the key discussions and takeaways from the 2026 SBC Summit in Lisbon. Topics of industry concern included Brazil's recent gambling ban and criticisms directed at Big Tech companies.
HMRC statistics on gambling tax receipts are influencing discussions within the UK gambling industry. These figures are being considered in the ongoing debate about a potential increase in Machine Games Duty (MGD) in the upcoming budget, particularly following the Remote Gaming Duty (RGD) increase to 40% on April 1st.
Brazil's betting sector faces new uncertainty as the Attorney General’s Office (AGU) has called for the country’s existing betting laws to be deemed unconstitutional. This move challenges the legal framework that underpins the regulated betting market.
ProphetX, a federally regulated sports-native prediction market, has announced a strategic technology partnership with Plaee, a prediction-native technology provider. This collaboration enables ProphetX to onboard new distribution partners and scale its prediction markets distribution business effectively.
Racecourse Media Group (RMG) has secured long-term renewals for the audio-visual and data rights from 33 British racecourse shareholders. These extensions cover all aspects of RMG’s media and data rights portfolio, including streaming, direct-to-home broadcasting, and terrestrial distribution.
Nevada states that the planned CFTC rule changes would not alter the Ninth Circuit's analysis in the Kalshi rehearing case concerning sports contracts. This indicates the state's position on the relevance of the regulatory adjustments to the ongoing legal proceedings.
Polymarket is appealing a €420,000 penalty issued by the Dutch gambling authority, Kansspelautoriteit (KSA), in The Hague. The KSA had blacklisted Polymarket for offering unlicensed gambling services to Dutch consumers earlier in 2026.
The Hungarian Parliament has approved a measure led by TISZA to reorganize the governance of gambling licenses and concessions. This reorganisation involves reducing or limiting the powers of the Supervisory Authority for Regulated Activities (SZTFH) and dismantling its Concessions Council.
Evolution AB (publ) acquired 510,000 of its own shares between September 28 and October 2, 2026. This share repurchase program aims to optimize the company's capital structure and enhance shareholder value by reducing capital.
Better Collective has announced a share buyback program. This program is scheduled to run from September 23, 2024, through September 29, 2026.
VNLOK has initiated legal proceedings against Meta in an Amsterdam court, alleging insufficient action against illegal gambling adverts on its platforms. The Dutch gambling addiction prevention foundation is seeking stronger enforcement under the Digital Services Act (DSA) regarding these advertisements.