Malta broadens economic support for iGaming in 2026… Summary The Maltese Government’s draft Budget 2026 outlines a range of fiscal measures and targeted programmes designed to boost value-adding industries, with specific support for the iGaming sector. The Budget forecasts higher tax receipts for 2026 (c. €7.8bn) and highlights gaming-related contributions within licences, taxes and fines […]
Prediction market Polymarket plans token release and airdrop with US comeback Summary Polymarket has confirmed it will launch a native token (POLY) and run an airdrop, but only after completing its US relaunch via QCX, the CFTC-registered exchange it acquired. CMO Matthew Modabber said the token and airdrop will follow the US return, with the […]
Gaming and Leisure Properties to acquire Live! Casino & Hotel Virginia site and fund construction Summary Gaming and Leisure Properties Inc. (GLPI) will buy the real estate for the under-construction Live! Casino & Hotel Virginia in Petersburg and provide construction financing in a deal valued at $467 million. GLPI will pay $27 million for the […]
Allwyn details financing plans for $1.6 billion PrizePicks acquisition Summary Allwyn International has unveiled a US$1.64 billion Term Loan B to finance its purchase of a 62.3% majority stake in PrizePicks, with an initial cash consideration of US$1.6 billion. The deal values PrizePicks at an enterprise value of US$2.5 billion today, with potential upside to […]
Banijay Group acquires majority stake in Tipico, plans Betclic merger Summary Banijay Group has bought a 65% stake in Tipico Group from CVC and intends to increase that holding to at least 72% via call options. The cash deal is backed by a financing package of €3 billion. Banijay will merge Tipico with Betclic to […]
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 to block a cease-and-desist order from the New York State Gaming Commission that accused the platform of offering sports betting without a state licence. The company argues […]
Las Vegas casino boss, wife to lead fundraising effort for Southern Nevada children’s hospital Summary Bill Hornbuckle, president and CEO of MGM Resorts International, and his wife Wendy have been named co-chairs of the Nevada Campaign for Kids, a fundraising drive run by the Intermountain Foundation to help raise nearly $1 billion for a stand-alone […]
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 increases on betting and gaming would cause major job losses, harm the UK economy and boost the gambling black market. Independent EY analysis, commissioned by the BGC, concludes the […]
Hundreds of Turkish Soccer Officials Placed Unauthorised Wagers Summary Turkey’s football sector is facing a major insider-betting scandal after a five-year probe found that 371 of 571 match officials held betting accounts. Of those, 152 were regular bettors; 42 officials placed bets on more than 1,000 matches and one official logged 18,227 wagers. The Turkish […]
NBA Scurries to Protect League Integrity amid Largest Scandal to Rock It Summary The NBA has moved into damage-control mode after the arrests of Miami guard Terry Rozier and Portland coach Chauncey Billups, part of a wider sweep that names roughly 34 people connected to illegal betting and Mafia-run poker games. Commissioner Adam Silver has […]
