Nova Scotia's government is monitoring regulated online gambling frameworks in Ontario and Alberta as it evaluates potential changes to its own market. Provincial Finance Minister John Lohr noted that gaming is experiencing significant transformation, while opposition leaders have urged caution and called for a public health review.
DraftKings, FanDuel, Fanatics, and PrizePicks are scaling back their prediction market offerings in Utah across sports, political, and novelty event contracts. The decision follows the state's move to file 14 criminal charges against rival platform Kalshi, intensifying legal scrutiny around sports event contracts.
The outcome of the Texas lieutenant governor race is expected to significantly impact the prospects for sports betting and casino legislation ahead of the 2027 legislative session. Republican incumbent Dan Patrick, a prominent opponent of gambling expansion, is favored to win reelection over Democratic challenger Vikki Goodwin. Patrick's victory would maintain his control over the Senate agenda, posing a continued hurdle for gaming advocates.
Seaport Research Partners projects that Macau's gross gaming revenue will decline by 6.1% year-on-year in November, potentially extending the market's downturn to six consecutive months. The negative outlook is attributed to persistent weak demand affecting the region. This follows official October data showing a 10% year-on-year drop in gaming revenue to MOP$21.7 billion.
The Philadelphia 76ers have entered into a multi-year partnership with Kalshi, becoming the first NBA team to designate an official prediction market partner. The team deal follows the NBA's broader league-level agreements naming Kalshi and Polymarket as preferred prediction market exchanges. Under the arrangement, Kalshi will gain brand integration, including funding the franchise's postgame coverage.
MGM Resorts International plans to invest approximately $2 billion in its MGM Osaka integrated resort development, allocating around $1 billion annually across 2027 and 2028. According to Chief Financial Officer Jonathan Halkyard, the Japan project and potential share repurchases represent the operator's primary capital allocation priorities over the coming years.
U.S. Senators Elizabeth Warren and John Curtis have sent a bipartisan inquiry to prediction market operators Kalshi and Polymarket regarding potential insider trading and election manipulation risks. The lawmakers requested detailed information on existing oversight measures and operational safeguards designed to detect and prevent improper trading activity.
The Michigan Gaming Control Board has expanded its online sports betting catalog to include fixed-odds horse racing wagers. Regulated online sportsbooks in the state can now offer these markets under the existing sports betting regulatory framework, including standard responsible gaming and identity verification protocols.
A UK Gambling Commission study has revealed that consumers using illegal betting websites are more than seven times as likely to exhibit problem gambling behaviors compared to those using licensed operators. The research found that 45% of black-market users scored eight or higher on the Problem Gambling Severity Index, compared to just 6% of customers on licensed platforms.
Macau's gross gaming revenue fell 10% year-on-year in October to MOP$21.68 billion ($2.68 billion), marking the jurisdiction's fifth consecutive monthly decline. According to the Gaming Inspection and Coordination Bureau, the result represents the second-largest annual contraction of the year, trailing only June's 12.1% drop. Despite the yearly decrease, total revenue increased 20% month-on-month compared to September.
The Sahara resort has become the first casino on the Las Vegas Strip to allow patrons to convert cryptocurrency into gaming chips and tickets. The property integrated BurraPay's cryptocurrency payment platform in October, marking a milestone for digital asset adoption on the casino floor. Additional Las Vegas gaming venues are expected to expand into crypto payment solutions in the coming months.
African gambling regulators will convene on November 5 during SiGMA World Rome to begin drafting a regional cooperation framework. Hosted by the Gaming Regulators Africa Forum (GRAF) and SiGMA, the workshop will center on cross-border enforcement, tackling illegal gambling, and information sharing while respecting national autonomy.
EGT Digital has launched its X-Nave platform in Spain through a partnership with Hermanos Rubio to power eldoradocasino.es. The deal marks the debut of the platform in the Spanish market and facilitates El Dorado's expansion from land-based operations into online casino and sports betting.
Georgia’s Parliament has passed legislation permitting domestic casinos to organize and host international gambling tournaments. Introduced by lawmakers from the ruling Georgian Dream party, the bill secured final approval following a 73-5 vote. Lawmakers finalized the measure across two plenary sessions, during which adjustments to baseline regulatory thresholds were debated and approved.
The Federal Court of Australia has ordered The Star Entertainment Group to pay AU$260 million ($182 million) for breaches of anti-money laundering and counter-terrorism financing laws. The ruling comes in below the AU$400 million penalty proposed by financial intelligence regulator AUSTRAC. Justice Moore determined the reduced penalty after factoring in prior enforcement penalties and mitigating circumstances.
Italy's government is planning tax increases, altered lottery commissions, and adjusted concession fees to generate approximately €1.9 billion ($2.13 billion) from the gambling sector between 2027 and 2029. A draft budgetary plan submitted to Brussels projects €718 million annually from gambling in 2027 and 2028, alongside €478 million in 2029. The fiscal measures form part of broader state revenue targets led by Prime Minister Giorgia Meloni’s administration.
Coinbase Global reported a 34% year-over-year decline in third-quarter net revenue to $1.16 billion, missing analyst estimates amid subdued cryptocurrency trading and lower volatility. Despite the downturn in its core exchange business, the company's prediction market division surpassed $200 million in annualized revenue in less than a year of operation. The unit has emerged as one of the fastest-growing segments in the exchange's history.
Bally’s Corporation has expressed support for The Star Entertainment Group's turnaround efforts following a major regulatory resolution in Australia. The backing arrives after the Federal Court of Australia levied a A$260 million ($182.64 million) penalty against Star for historical anti-money laundering and counter-terrorism financing violations. The financial sanction is set to be paid in four instalments over a 19-month period.
Gaming and Leisure Properties reported record third-quarter results, driven by a 9.5% year-on-year revenue increase to $435.4 million. The real estate investment trust also saw adjusted EBITDA rise 13% to $413.9 million, while adjusted funds from operations grew 10.5% to $311.7 million.
Prediction market operator Kalshi has attained a $40 billion valuation after securing $1 billion in a new funding round co-led by Sequoia Capital and Wellington Management. The investment raises the company's total capital raised to approximately $3.6 billion as it expands into traditional financial trading. The milestone comes as the platform continues to navigate legal disputes regarding its sports-related contracts.
The Dominican Republic's Directorate General of Games of Chance has established a non-extendable 30-day window for operators to declare unregistered gaming venues. The directive applies to lottery outlets and sports betting shops that were omitted from the country's initial Regularization Plan.
Fanatics Casino has teamed up with Evolution to launch an NFL-themed Infinite Blackjack Live title in Pennsylvania and New Jersey, with plans to expand to additional jurisdictions. The green-screen live dealer offering features dedicated table branding for all 32 NFL franchises directly within the operator's app.
Nevada casinos generated $1.282 billion in gaming win in September, remaining essentially flat with a 0.05% year-over-year decline. Modest revenue growth on the Las Vegas Strip was offset by drops in downtown Las Vegas, Laughlin, and other regional markets. The result marks the state's 67th consecutive month exceeding the $1 billion monthly gaming win threshold.
A Brazilian provisional measure seeking to ban fixed-odds betting faces legislative delays despite the federal government's push for approval by December 20. Provisional Measure 1.394/2026 has yet to begin formal committee proceedings in Congress, where it remains awaiting the official establishment of a review committee. Although committee members have been nominated, the procedural hold-up complicates the government's year-end passage target.
Churchill Downs Incorporated achieved record financial results for the third quarter, generating $696 million in revenue, a 2% increase year-over-year. The operator also reported record adjusted EBITDA of $264 million and an all-time high net income of $80 million, up $42 million from the previous year. Additionally, the company confirmed plans to relocate its historical racing machine operations.