Bally’s expected to complete conversion of Star shares within this week, chair Anne Ward to step down Summary US operator Bally’s Corporation and partner Investment Holdings Pty Ltd have submitted conversion notices for convertible notes in The Star Entertainment Group, and the process is expected to be finalised within the week. The combined AU$300 million […]
Las Vegas Grand Prix shatters F1 betting records at sportsbooks Summary The 2025 Las Vegas Grand Prix produced record-breaking betting activity at major sportsbooks, with BetMGM and STN Sports reporting all-time highs for a Formula One race. The event also outpaced last year’s race at Caesars in ticket sales and total money wagered, underscoring F1’s […]
Portland Trail Blazers coach Chauncey Billups pleads not guilty in rigged poker games case Summary Portland Trail Blazers head coach Chauncey Billups, a Basketball Hall of Famer, pleaded not guilty in federal court in Brooklyn to charges of money laundering conspiracy and wire fraud conspiracy tied to an alleged scheme that rigged mob-backed illegal poker […]
Global black market data lays bare concerns Summary Recent industry reports expose a sizeable and growing global black market for online gambling, with major implications for consumer protection, tax revenues and the competitiveness of regulated markets. A Yield Sec study for the European Casino Association estimates the EU black market vastly outstrips the regulated sector […]
Reggae giant Jimmy Cliff dead at 81 Summary Jimmy Cliff, the Jamaican reggae singer, songwriter and actor whose work helped bring reggae to a global audience, has died at 81. His family said he died after a seizure followed by pneumonia. Cliff was celebrated for landmark songs such as “Many Rivers to Cross,” “You Can […]
Ohio Gov. Mike DeWine signed a law legalising sports betting. He now says he’s opposed to it Summary Ohio Governor Mike DeWine says he now regrets signing the 2021 law that legalised widespread sports betting in the state, after a series of betting-related criminal probes involving professional athletes. DeWine told the Associated Press he did […]
Netherlands Land-Based Casinos Continue to Struggle, KSA Data Shows Summary The Netherlands Gambling Authority (KSA) annual Market Scan shows continued weakness in the country’s land-based casino sector. Gross gaming revenue (GGR) from brick-and-mortar casinos fell by EUR 61 million year-on-year and remains 27% below 2019 levels after inflation adjustments. The segment’s economic contribution dropped to […]
NCAA Forbids Players and Department Staff to Bet on Pro Sports Summary The NCAA has reversed a recent rule change that would have allowed collegiate athletes and athletic department staff to bet on professional sports. Although the rule had been due to take effect on 1 November, it failed to secure the required 75% approval […]
UKGC Suspends Deadheat Racing’s License amid Investigation Article Date: 2025-11-24T17:03:25+00:00 Summary The United Kingdom’s Gambling Commission (UKGC) has suspended the operating licence of Deadheat Racing with immediate effect while it investigates suspected breaches of licence conditions. The regulator cites concerns over weak anti-money laundering (AML) controls and failures to meet social responsibility obligations in Great […]
European Casino Association’s Yield Sec report finds illegal online gambling costs the EU €20 billion in annual tax revenue | Yogonet International Summary The European Casino Association (ECA), together with intelligence firm Yield Sec, reports that illegal online gambling dominated the EU market in 2024 and cost member states an estimated €20 billion in lost […]
