The United Kingdom is eyeing a new bill that would settle the matter of how freeplay promotions in gambling are treated when it comes to taxes. This follows a recent court battle against Jumpman Gaming, which won its appeal against HMRC. The Jumpman Gaming Case Set a Precedent The aforementioned case saw Jumpman Gaming, a…
Key Points A legislative deadlock has prevented any real progress on a sports betting bill The two parties have vastly different views on how to introduce sports wagering Even a strong one-party majority does not guarantee successful legalization Key Points A legislative deadlock has prevented any real progress on a sports betting bill The two…
Key Points The casino had a fire emergency on Monday as a linen closet caught fire Firefighters quickly doused the flames, though excess water caused damage Ocean Casino now blames the city for the extra expenses and missed profits Key Points The casino had a fire emergency on Monday as a linen closet caught fire…
Key Points Revenue rose 2% year-on-year to AUD 284 million, while EBITDA reached AUD 12 million Sydney and Gold Coast properties recorded revenue growth, while Brisbane achieved record EBITDAM Star expects annual operating cash inflows but faces uncertainty over casino licences and regulatory issues Key Points Revenue rose 2% year-on-year to AUD 284 million, while…
Key Points The violations occurred from 2016 to 2022 and included inadequate AML monitoring and risky junket relationships The AUD 260 million penalty covers Star Sydney and Queensland and is payable in installments over 19 months The fine also triggers a review of Star’s previously announced WhiteHawk credit facility Key Points The violations occurred from…
Key Points The Wednesday Powerball drawing did not award the game’s jackpot or a Match 5 prize Seventeen players won prizes ranging from $50,000 to $100,000, depending on whether Power Play was active The next drawing will take place this Saturday, with estimates putting the jackpot at $760 million Key Points The Wednesday Powerball drawing…
The Michigan Gaming Control Board (MGCB) has announced that it will see Polymarket cease to offer its sports event contracts in the state by the end of the day on November 25, 2026. This marks a pivotal achievement for the regulator, which has been actively pushing against the platform, alleging that it was operating in…
Key Points MGM Resorts reported $4.2B in Q3 revenue, down 1% year-over-year MGM China revenue rose 5% to $1.1B, reaching a record 17.1% Macau market share MGM Digital narrowed its adjusted EBITDAR loss, and the company’s Osaka resort remained on track for a 2030 opening Key Points MGM Resorts reported $4.2B in Q3 revenue, down…
Key Points Ontario is seeking up to three new casino operators, each required to invest at least $1.5B The expansion aims to attract over $3B in gaming investment The initiative comes amid scrutiny of Ontario’s gambling industry, including concerns about transparency and problem gambling research Key Points Ontario is seeking up to three new casino…
Key Points Utah has decided to file criminal charges against Kalshi and its co-founders The charges, including 13 felony counts, cover alleged violations of state gambling laws The case is unfolding alongside a federal lawsuit by the Commodity Futures Trading Commission challenging Utah’s efforts to pursue Kalshi Key Points Utah has decided to file criminal…
