NBA head coach and player charged in sprawling sports betting and Mafia-backed poker schemes Summary Federal authorities arrested more than 30 people in two linked criminal cases that allege wide-ranging frauds involving rigged poker games run with Mafia involvement and manipulated sports bets. Portland Trail Blazers head coach Chauncey Billups is accused of taking part […]
Philippine e-wallet restrictions trigger 49% decline in PAGCOR revenue | Yogonet International Summary The Bangko Sentral ng Pilipinas (BSP) issued a directive on 14 August requiring e-wallets and digital payment providers to remove links or icons directing users to online gambling sites. PAGCOR says the move coincided with a sharp fall in revenue from online […]
Kalshi draws investor interest at a reported $10 billion valuation amid rapid growth Summary Kalshi, the US prediction-market platform founded in 2018, is reportedly fielding investor offers that could value it at about $10–$12 billion, according to Bloomberg sources. This follows a recent announcement of a $300m round valuing the company at $5bn, and earlier […]
Japan’s election of new prime minister Sanae Takaichi signals continuity on casino resort policy Summary Japan has elected Sanae Takaichi as the country’s first female prime minister. Backed by a coalition between the Liberal Democratic Party (LDP) and the Japan Innovation Party (Ishin no Kai), her government shifts further right but remains short of a […]
Brazil to become world’s fifth-largest online betting market with $4.1B in 2025 revenue, reports BBC Summary Regulus Partners data obtained by BBC News Brasil projects Brazil will reach US$4.139 billion in online betting revenue in 2025, placing it fifth globally behind the US, UK, Italy and Russia. The country’s regulated market—formally overseen this year—has surged […]
We’re in the early stages of the IGT-Everi integration, but the synergy between the two companies is already visible Summary At G2E Las Vegas 2025 IGT presented its first major appearance since completing the Everi acquisition, showcasing rapid early integration between the two businesses. In an interview, Domenico Pastia, IGT’s Senior VP of Global Product, […]
SBC Summit Rio 2026 agenda to explore what’s next for Brazil a year into regulation Summary As Brazil cements its place among the world’s regulated gaming markets, SBC Summit Rio 2026 returns for its third edition at Riocentro (3–5 March). The conference brings together operators, suppliers, regulators and affiliates to focus on the next phase […]
Las Vegas Sands reports $3.33 billion in Q3 revenue driven by Marina Bay Sands and Macau recovery Summary Las Vegas Sands posted net revenue of $3.33 billion in Q3 2025, a 24.3% year-on-year rise from $2.68 billion. Operating income increased to $719 million (from $504 million) and net income climbed to $491 million (from $353 […]
Key battleground: IP disputes are becoming weaponised in competitive markets Summary The iGaming market is rapidly evolving and IP disputes are intensifying as firms try to protect market share and technology. Recent events — notably the Playtech investigation into Evolution and the Spribe vs Aviator litigation — show IP tools are being used aggressively to […]
NHL becomes first major U.S. league to partner with prediction markets Kalshi and Polymarket | Yogonet International Summary The National Hockey League (NHL) has signed a multi-year licensing deal with prediction market platforms Kalshi and Polymarket, marking the first time a major U.S. sports league has partnered with event-trading firms. The agreement gives the two […]
