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The Brazilian Institute of Responsible Gaming (IBJR) argues against raising taxes on sports betting, stating that it would create an “unsustainable” scenario.
Speaking at a public hearing at the Senate Joint Committee, the executive president of the IBJR, Fernando Vieira, has spoken out against a provisional measure that would increase taxes on sports betting. He and the IBJR said that such a...
This week in prediction markets, Donald Trump Jr. somehow managed to secure himself a seat on both sides of the table. The man has officially joined the advisory ranks at Polymarket while also moonlighting at Kalshi. One imagines the awkward small talk when both companies end up at the same cocktail party.
Polymarket made the splashy announcement that Trump Jr. was not only on the advisory board...
A North Carolina man has filed a lawsuit alleging that three operators exploited his addiction through predatory gambling practices.
Plaintiff Matthew Joyce alleges that ARB Gaming, BSServices OU, and Affirm Inc. all used predatory practices to exploit his gambling addiction, arguing that this caused him severe financial and emotional harm. He and his lawyers at the Law Office of Reshma Kamath...
Gambling company FanDuel has launched a new fantasy sports app, FanDuel Picks, in time for the NFL season.
Launched by FanDuel and owned by gambling giant Flutter, FanDuel Picks is a new peer-to-peer fantasy sports app, bringing a new way for fans to pick their favorite athletes and form fantasy teams ahead of the 2025 NFL season. The new product offers the chance to win up to 1,000x the entry...
MGM Resorts is launching a licensed version of Family Feud, played and streamed live from a studio in Las Vegas’ MGM Grand casino.
In a new ‘Live from Vegas’ offering, MGM Resorts is hosting a licensed adaptation of Family Feud, a game show that pits two families against one another. The classic remake will be streamed live and in real time from a studio on the casino floor of MGM Grand in Las...
The Los Angeles (LA) City Attorney has sued sweepstakes operator Stake, Kick Streaming, and other partners over an alleged illegal gambling ring.
As well as Stake and Kick, the two companies’ co-founders Ed Craven and Bijan Tehrani, service providers Evolution and Hacksaw, and 12 other related partners have been named in a lawsuit, with charges related to running or aiding and abetting the...
The American Gaming Association (AGA) has estimated that Americans will spend a collective $30 billion on NFL bets in the 2025 season.
Data from the AGA estimates that Americans will wager $30 billion on the upcoming 2025 NFL season via sportsbooks. That’s an 8.5% increase to last season, which was estimated to see $27.6 billion in bets.
“This season, fans have more ways than ever to responsibly...
The Crown Prosecution Service (CPS) has released information regarding an ongoing betting and bribery case involving a former Ladbrokes Chief Executive Officer.
The individuals who worked for GVC, the parent company of Ladbrokes, were mentioned in a statement by Hannah von Dadelszen, Chief Crown Prosecutor for the Crown Prosecution Service.
They include Kenny Alexander, the former chief executive...
The Sherwood Valley Rancheria of Pomo Indians (Sherwood Valley) has declared its opposition to Assembly Bill 831 (AB 381), making this the third Tribe to do so publicly.
AB 381 has faced setbacks from parties in the state that disagree with the measures in the legislation, which seek to outlaw sweepstakes and social games if it were to pass.
Third Tribe voices opposition to AB 381
We reported...
The World Poker Tour (WPT) put pen to paper on a multi-year manufacturing and distribution deal with Genco International (Genco).
This brings together one of the biggest names in North American poker and a central logistics and distribution arm, Kroeger Marketing, a subsidiary of Genco, to introduce new poker products to fans across the region.
WPT and Genco team up for poker product deal
The...