Feed Items
FanDuel has been slapped with a $125,000 fine by the Iowa State Racing and Gaming Commission. The watchdog found that it had been providing illegal bets during a variety of events, including the Super Bowl, golf, and soccer matches.
Within the $125,000 fine is a $30,000 fee for not providing working responsible gambling options. This is something that competitor DraftKings has recently begun...
Philippines Central Bank (Bangko Sentral ng Pilipinas BSP) has partnered with FinTech Alliance Philippines to strengthen the nation’s regulatory frameworks and tighten online gambling reforms.
The Fintech Alliance, which will be part of the ongoing process, is the country’s largest organization of digital finance stakeholders, comprising BSP-regulated financial technology companies and electronic...
The California ban on sweepstakes casinos is inching ever closer to success. After AB 831 was overhauled last month to focus on the new style of gambling, it has gained quite a bit of support. Now, it’s passed another vote with no opposition.
The California Public Safety Committee voted to approve the bill in its current form 6-0, bringing the ban ever closer. As we’ve previously reported,...
It’s a household favorite, but it looks like Mattel’s UNO is heading to Las Vegas casino tables, at least for a little while.
Known for bringing friends and families together, UNO will pop up this weekend at a Las Vegas casino as part of what’s being called a first-of-its-kind elevated social experience. The casino in question and Mattel shared the news in a joint release back in May.
Before you...
Bally’s Entertainment’s (Bally’s) $4 billion bid to build a casino in the heart of the Bronx was dealt a possibly fatal blow by the New York City Council.
After a heated vote by New York councillors, they decided to deny the plans laid out for possible rezoning to accommodate the billion-dollar project. The vote was 29-9 against, with four abstentions, which puts any development, plans, or...
The Sports Wagering Council (SWC) of Tennessee has issued $250,000 in fines to five illegal offshore gambling operators.
The Nashville-based betting watchdog imposed the massive fines because the five unregistered entities were operating within the state’s borders, which is a violation of the Tennessee Sports Gaming Act.
Tennessee betting regulator imposes $250K in fines on illegal sportsbooks...
DraftKings is said to have commenced discussions to acquire the prediction market Railbird Exchange.
After the betting giant submitted and then pulled an application to register ‘DraftKings Predict’ with the National Futures Association, it appears the company has decided on another route to enter the prediction market space.
As initially reported by Front Office Sports, DraftKings is currently...
Predictions market Kalshi has spent $1,190,000 on federal lobbying since 1998, sparking criticism among the gambling sector.
According to data from Open Secrets, Kalshi has spent well over a million dollars on federal lobbying. While that’s perhaps not out of the ordinary for gambling companies, with corporate lobbying part and parcel of the US political system, it has sparked criticism for the...
Washington-based casino Maverick Gaming has filed for bankruptcy after debt restructuring throughout last year.
After going through various negotiations around debt last year, Maverick Gaming filed for bankruptcy on Monday, July 14. The casino and card room operator filed its Chapter 11 in Texas, listing total liabilities and assets in the range between $100m and $500m, as shared in official...
In Ukraine, the Ministry of Digital Transformation is leading the development of a state monitoring system for the gambling industry.
The initiative is aimed at enhancing transparency, combating illegal operations, and ensuring effective tax collection. It will be led by the newly established PlayCity agency, which replaced the ineffective Commission for the Regulation of Gambling and Lotteries...