Betway continues Zambia withdrawal following tax hikes Summary Betway has withdrawn as the principal partner of the Zambian Premier League after Zambia introduced a 10% excise betting duty. The operator said the higher tax made continued investment in the market unsustainable. Betway and BetPawa challenged the Excise (Amendment) Act No. 11 of 2025 — arguing […]
U.S lawmakers asks NBA Commissioner Adam Silver for briefing on gambling scandal | Yogonet International Summary A bipartisan group of six members from the House Committee on Energy and Commerce has asked NBA Commissioner Adam Silver to brief the committee by 31 October on the league’s response to a widening gambling scandal. Federal indictments from […]
Crypto.com to suspend sports event contracts in Nevada after court ruling Summary The Nevada Gaming Control Board has ordered Crypto.com to stop offering sports event contracts to Nevada residents from 3 November, following a federal judge’s refusal on 14 October to grant a preliminary injunction protecting Crypto.com from state enforcement. The Board’s chair, Brittnie Dreitzer, […]
BGC warns gambling tax hike could wipe £3.1bn off UK economy Summary The Betting and Gaming Council (BGC) has commissioned an EY-Parthenon report warning that proposed UK gambling tax rises could shave up to £3.1bn off industry gross value added (GVA) and cost as many as 40,000 jobs. The government is expected to set out […]
Waterhouse VC: Find a wagering edge Summary Tom Waterhouse profiles Bernard Marantelli, a bettor-turned-builder who has industrialised wagering advantage. From a bookmaking upbringing in Melbourne to algorithmic trading on Betfair and an options desk at Deutsche Bank, Marantelli moved from exploiting inefficiencies to creating products that the market now relies on. Key milestones covered: founding […]
Doing Deals In Times Of Turbulence Summary The global M&A market is showing renewed momentum after a cautious start to the year. Despite persistent uncertainty — trade negotiations, regulatory headwinds and geopolitical tensions — market sentiment has improved thanks to stabilising macro conditions and clearer trade outlooks. The article argues the moment is right for […]
AG’s office calls NV Energy’s new mandatory demand charge ‘unlawful’ Summary The Nevada Attorney General’s Bureau of Consumer Protection (BCP) has filed a petition asking the Public Utilities Commission of Nevada (PUCN) to reverse its approval of NV Energy’s newly authorised mandatory demand charge. The BCP argues the charge violates Nevada Revised Statute 704.085, which […]
KSA Chair Groothuizen Proposes the Creation of a Gambling Interpol Summary KSA chair Michel Groothuizen used his IAGR 2025 appearance (21 October) to suggest forming an international regulator — dubbed a “gambling Interpol” — to tackle the growing cross‑border illegal gambling market. He framed the proposal around the Netherlands’ own struggles: regulation aimed to channel […]
BGC warns gambling tax hike could wipe £3.1bn off UK economy Summary The Betting and Gaming Council (BGC) commissioned EY-Parthenon to model the economic impact of several proposed gambling tax reforms ahead of the UK budget on 26 November. The report analyses four scenarios — aligning existing rates, the Social Market Foundation (SMF) proposal, the […]
Waterhouse VC: Find a wagering edge Summary Tom Waterhouse profiles Bernard Marantelli, a punter-turned-entrepreneur who has industrialised wagering edge. From early bookmaking roots in Melbourne through algorithmic trading on Betfair and a finance stint, Marantelli moved from exploiting inefficiencies personally to building products and businesses that monetise and institutionalise advantage. Key milestones covered include his […]
