Flutter Entertainment will reduce its UK and Ireland workforce by up to 1,400 roles to mitigate the impact of higher gambling taxes, including a 40% Remote Gaming Duty. The planned redundancies are intended to help absorb an estimated $540m reduction to the operator's 2027 adjusted EBITDA. The cost-saving measures will be enacted alongside ongoing efforts to capture regional market share.
Anjouan gambling licences are facing legal challenges as the Comoros government prepares legal action against those involved in the licensing network. Comoros has formally sought assistance from the UK to support its efforts.
An Illinois court has ruled in favor of Kalshi, blocking state gambling regulations from applying to the prediction market platform. The decision marks a significant legal victory for prediction markets, though broader disputes regarding sports contracts and state oversight remain unresolved nationwide.
Lawsuits are challenging Missouri's sports-event contract rules, specifically targeting the 21-year age requirement and a 10% tax imposed on prediction-market operators. These legal actions focus on the existing regulations governing sports event contracts within the state.
A New Jersey bill, S597, proposes replacing criminal penalties with fines for underage gambling offenses at casinos and simulcasting facilities. This legislative change requires further votes to be enacted into law.
Massachusetts regulators are questioning seven mobile sportsbooks regarding their use of AI in promotions, targeting practices, and responsible gaming safeguards. The sportsbooks have been given a deadline of November 3 to respond to the state's inquiries.
Wildz has reported obtaining a Finnish gambling licence, positioning itself in advance of Finland's planned 1 July 2027 online market launch. This move anticipates the upcoming liberalisation of the Finnish online gambling sector.
Underdog has filed a lawsuit in federal court seeking an injunction against the enforcement of Tennessee's wagering laws. The company aims to protect its CFTC-regulated event-contract exchange from these regulations.
bet365 has retained its Swedish licenses following a court's decision to uphold SEK44m in penalties. The penalties were levied due to issues concerning a no-limit deposit option and player-protection failures.
Pennsylvania skill games are now considered illegal after lawmakers failed to meet the 120-day deadline. This development places businesses operating these machines at risk of enforcement actions.
DraftKings has received a conditional license extension in Louisiana, valid until February 19. Regulators are currently investigating issues related to shareholder suitability and AI-related allegations concerning the operator.
Spain’s new payment verification rules block withdrawals for unverified gambling customers, with account closures following after six months. The post Blocked winnings put Spain gambling customers on a six-month clock appeared first on CasinoBeats.
The Massachusetts Gaming Commission is scrutinizing seven sportsbooks regarding their use of AI in promotions. This inquiry focuses on customer data utilization and safeguards against harmful betting practices.
BetMGM reported its adjusted EBITDA more than doubled in Q3, reaching $86 million, while net revenue grew 7% to $710 million. During the same period, average monthly active users saw a 3% decrease.
CFTC action is intensifying a dispute over state gambling laws concerning Kalshi sports contracts. Kalshi is currently asking the full Sixth Circuit to revisit a ruling on these sports contracts.
YouTube Masthead access will be available to registered gambling operators starting in 2026. Eligibility for this advertising space, including certification and market coverage, will remain subject to Google's specific rules and requirements.
Denmark's overall gambling revenue decreased by 7.1% to DKK678m in August 2026. This decline was primarily driven by a 42.7% drop in sports betting, even as online casino revenue saw a 12.5% increase.
New York sportsbooks may face new regulations that would restrict personalized sports-betting prompts generated by AI. Proposed rules also include requirements for human intervention and outreach to customers identified as at-risk, pending final approval.
The Supreme Court will review Sports Betting Rules concerning Kalshi Contracts, examining the intersection of federal and state authority in gambling regulation. The American Gaming Association (AGA) is supporting New Jersey's appeal in this case.
The Lottomatica-CIRSA deal is projected for completion in Q2 2027. This timeline is contingent upon obtaining shareholder approval, regulatory clearance, and satisfying other customary conditions.
Stake has been permitted to resume operations in Brazil following a court injunction, but this return is subject to 12 specific conditions. The injunction allows Stake to operate until October 25, while the operator's long-term licensing status remains unresolved.
The federal-state divide regarding sports event contracts has sharpened as the CFTC excludes casino-style wagers from swaps. Concurrently, the CFTC is pursuing federal oversight for event contracts related to sports, politics, and weather.
The NFL is advocating for state-level regulation of prediction markets, urging the U.S. Supreme Court to support state authority over federal approaches to sports-linked contracts. This move challenges existing federal oversight regarding how these markets operate in relation to sporting events.
Michigan regulators issued cease-and-desist letters to 33 offshore gambling operators, advising players about the lack of protections on unlicensed sites. This action highlights the risks Michigan players face when engaging with such platforms.
Following the PQ victory, Quebec's online gambling rules are now in play, indicating potential reform in the province. However, key issues such as licensing frameworks, regulatory oversight, and the specific role of Loto-Québec remain unresolved at this stage.