Feed Items
Turkish soccer is in disarray following the suspension of 1,024 active players due to the recent betting scandal.
In what has been a horrid patch for the beautiful game in the Bosphorus, further findings have pointed to players engaging in gambling.
The Turkish Football Federation (TFF) has now publicly recognized this possible breach of the rules and described the action as a “precautionary...
Following three years of legal battles, a Thai court of appeals has upheld an extradition order against an alleged ‘Chinese gambling kingpin.’
According to the Bangkok Post, a 43-year-old Chinese man, named She Zhijiang, who also holds a Cambodian passport, was arrested back in August 2022 by Thai police. The arrest was on an international warrant and an Interpol red notice, which is reported to...
Rachel Reeves, the UK’s Chancellor of the Exchequer, is set to raise the General Betting Duty from 15% to 30% in her Autumn Budget later this month.
Amid this, a report by the country’s Betting and Gaming Council (BGC) has stated that European countries with a higher tax on gambling and gaming markets are likely to see a surge in black market activity.
In the UK, 5% of all online betting and...
Bulgaria is planning to increase the gambling tax from 20% to 25%, with the increase for operators taking effect on January 1, 2026.
Following an update to the Medium-Term Budget Forecast (2026-2028), the amendment to the Gambling Act will see a 5% increase in licence fees for operators. This will apply to online betting operators, lotteries, raffles, toto, keno and bingo.
This 5% rise is...
PrizePicks has announced a multi-year partnership with Polymarket that will let the US based sports entertainment company offer event contracts through Polymarket’s upcoming prediction platform. According to both companies, the integration will give PrizePicks users access to markets on sports, entertainment and cultural events right inside the PrizePicks app.
The deal comes as Polymarket gets...
Bally’s Corporation has posted its Q3 financial results, with revenue having climbed further as the casino segment thrives amongst other markets.
The company, which operates 19 casinos across 11 states along with online sports betting operations, reported revenue of $663.7 million, which represents an increase of 5.4% year over year.
The Casino and Resorts revenue, however, saw a major 12.1% rise...
Kangwon Land Casino in South Korea said it has made history by launching the world’s first AI-based counter room automation robot system.
It was announced earlier this month that the system, which combines AI and robot technology to effectively count cash collected from slot machines and games, had been in operation since September.
Following this two-month stabilization process, Acting CEO Choi...
A judge has ruled in favor of prediction market company Kalshi, which has been amidst an ongoing legal case for some months now.
Earlier in the year, in June, three California tribes sued Kalshi and Robinhood for what they claim to be illegal sports gambling. The tribes involved include the Blue Lake Rancheria, the Chicken Ranch Rancheria of Me-Wuk Indians, and the Picayune Rancheria of the...
The Major League Baseball (MLB) has announced it’ll be putting a cap wager on ‘micro-bet’ pitch-level markets as it works closely with sportsbook partners to ‘proactively create new safeguards.’ This comes at the same time as two of the sports players, Emmanuel Clase and Luis Ortiz, have been charged after allegedly placing fraudulent sports bets.
This means that all MLB authorized gaming...
A new poll from the prediction market operator Kalshi shows that most Americans want access to prediction markets and would rather see them overseen by the federal government instead of state gambling regulators.
The timing isn’t a coincidence. The results come at a time when gaming commissions in several states are debating whether these markets should fall under their authority, a decision that...