UK-based hackers, part of the Scattered Spider group, are reportedly facilitating cyber-attacks targeting retailers in the US after previously striking British brands like Marks & Spencer and Harrods. Google cybersecurity experts have alerted businesses to the shifting tactics and strategies used by these hackers. Source: The Guardian Key Points Scattered Spider hackers have been linked […]
At the recent SBC Summit 2025 in Fort Lauderdale, panelists tackled the complexities surrounding online sweepstake casinos. Despite the ongoing debates, there remains no clear consensus on their future regulation. Who is truly the target audience? The panel kicked off with a tough question: Who are social casinos aimed at? Jamison Selby, CEO of Rubystone, […]
ESPN has announced plans to elevate sports betting features with the upcoming launch of its direct-to-consumer streaming service this fall. The new service, priced at £29.99 per month, aims to integrate exciting betting functionalities that could reshape the sports media landscape. Source: Article Key Points ESPN’s streaming service set to launch this fall will feature […]
Flutter has made headlines with its recent acquisition of a 56% stake in Brazilian operator NSX Group for $350 million. This strategic move not only deepens its foothold in Brazil’s burgeoning market but is also projected to bring about $220 million in additional revenue, despite an estimated EBITDA loss of $70 million in 2025. Source: […]
Summary The Brazilian Ministry of Sports has partnered with the International Betting Integrity Association (IBIA) to enhance the integrity of sports betting in Brazil. This collaboration focuses on sharing information regarding suspicious betting activities and supporting integrity-related investigations. With IBIA covering over 70% of Brazil’s licensed remote gambling market, this agreement is crucial as Brazil’s […]
Newport World Resorts (NWR) has reported a significant uptick in its financial performance in the first quarter of 2025. The operator of Manila’s NWR achieved an impressive 42% increase in its Adjusted EBITDA, with gross gaming revenue also on the rise, contrasting sharply with broader challenges faced by the gaming sector in Manila. Key Points […]
Ho Tram Project Company has kicked off the expansion of The Grand Ho Tram, a resort casino based in Vietnam’s Ba Ria-Vung Tau province, with an impressive $1 billion investment. The initiative, backed by Lodgis Hospitality Holdings and VinaLiving, will pave the way for a new 35-hectare subdivision featuring luxurious 5-star hotels, resort villas, a […]
Summary The Nevada Gaming Control Board has slapped Wynn Resorts with a hefty $5.5 million fine due to their unregistered international money transmissions at their Las Vegas hotels. This is not the first time such fines have been issued, as the Nevada Gaming Commission has also penalised MGM Resorts and Resorts World Las Vegas in […]
Summary TGP Europe has exited the British gambling market after a Commission investigation revealed serious regulatory breaches. The company surrendered its licence following a £3.3 million penalty for failing to conduct proper due diligence and breaching anti-money laundering (AML) rules. The investigation highlighted TGP’s deficiencies in checking third-party ownership and funding sources, as well as […]
The Indonesian Ulema Council (MUI) has firmly opposed any plans to legalise casinos in Indonesia, following a suggestion from a lawmaker. Galih Kartasasmita, a member of the Golkar Party, noted that the UAE is moving towards legal casinos, arguing that Indonesia could benefit similarly. However, MUI emphasised the importance of cultural and religious traditions, advising […]
