Kalshi challenges New York crackdown on prediction markets in federal court Summary Kalshi has filed suit in the US District Court for the Southern District of New York, asking the court to block a New York State Gaming Commission cease-and-desist order that accused the company of offering sports betting without a state licence. The firm […]
New Japan prime minister signals commitment to casino industry, IR resumption Summary Sanae Takaichi, Japan’s newly elected prime minister, has instructed Tourism Minister Yasushi Kaneko to resume efforts to promote integrated resorts (IRs) as part of a broader economic growth strategy. Drawing on the legacy of Shinzo Abe, Takaichi signalled she wants to restore Japan […]
Banijay Group acquires majority stake in Tipico, plans Betclic merger Summary Banijay Group has bought a 65% stake in Tipico Group from private equity firm CVC and says it may raise its holding to at least 72% via call options. The acquisition is backed by a financing package of €3 billion and will be paid […]
Betting and Gaming Council warns further tax increase will devastate UK betting industry Summary The Betting and Gaming Council (BGC) has warned that proposed further tax rises on betting and gaming would cause serious harm to the UK industry, according to independent analysis by EY commissioned by the BGC. The EY study says the plans […]
Allwyn details financing plans for $1.6 billion PrizePicks acquisition Summary Allwyn International has launched a USD 1.64 billion Term Loan B to fund its acquisition of a 62.3% majority stake in PrizePicks, with an initial cash consideration of USD 1.6 billion. The deal values PrizePicks at an enterprise value of USD 2.5 billion today, with […]
Hundreds of Turkish Soccer Officials Placed Unauthorized Wagers Summary Turkey’s football authorities have revealed a major insider-betting scandal involving match officials. A five-year probe found that 371 of 571 match officials held betting accounts, with 152 identified as regular bettors. The breakdown includes 7 referees, 15 assistant referees, 36 classified referees and 94 assistants. While […]
NBA Scurries to Protect League Integrity amid Largest Scandal to Rock It Summary The NBA is in damage-control after arrests linked to illegal betting and alleged ties to organised poker rings implicated several high-profile figures, including Miami guard Terry Rozier and Portland coach Chauncey Billups. The league has issued a memo to all 30 franchises […]
New Jersey Gambling Regulator Fines Super Group Subsidiary for RG Breach Summary The New Jersey Division of Gaming Enforcement (DGE) has imposed a penalty on Super Group’s local subsidiary, Digital Gaming Corporation (DGC), following failures in responsible gambling (RG) controls discovered during an investigation. Between March 2024 and January 2025 the regulator found the operator […]
Arkansas adds to regulatory push against prediction markets with new AG opinion | Yogonet International Summary Arkansas Attorney General Tim Griffin issued Opinion No. 2025-073 on 23 October, concluding that platforms offering event-based contracts — such as Kalshi — constitute gambling under Arkansas law and therefore must hold a licence to operate legally in the […]
New Japan prime minister signals commitment to casino industry, IR resumption Summary Newly elected Japanese prime minister Sanae Takaichi has ordered Tourism Minister Yasushi Kaneko to resume promotion of integrated resorts (IRs) as part of a broader growth strategy. Takaichi, a follower of the late Shinzo Abe, signalled that IRs should be used to boost […]
