Online gaming live in the UAE as lottery licensee Momentum launches online casino, sportsbook platforms Summary Momentum, which runs the UAE’s only licensed lottery, has launched two online betting platforms — TrueWin and Dream Island — offering sports betting (football, tennis, cricket, basketball) and casino products (live dealer games, poker, roulette, slots). The launches come […]
UK tax hit worse than expected, Jefferies analyst says Summary The Labour government announced a steeper-than-anticipated rise in gambling taxes, with a blended increase that pushes igaming taxation to 40% from April and raises online sports betting taxes to 25% (horse racing excepted). Jefferies analyst James Wheatcroft warned the 35% blended levy will likely push […]
INTRALOT reports resilient 9M25 performance amid FX pressure Summary INTRALOT posted stable operating results for the nine months to 30 September 2025. AEBITDA stood at €90.1m (down 1.6% reported; up 2.4% on a constant-currency basis) with an AEBITDA margin of 37.2%. Reported revenues were €242.5m (a 2.9% decline, but broadly stable after FX adjustment). Operating […]
Brothers planned to visit Las Vegas before carrying out attacks on ICE agents, DHS says Summary Two men were arrested earlier this month after authorities said they planned to meet with others in Las Vegas and later carry out attacks against US Immigration and Customs Enforcement (ICE) agents, according to the Department of Homeland Security. […]
UK Announces £30M Fund to Strengthen Gambling Harm Prevention Efforts Summary The UK government has launched a £30 million fund, led by the Department of Health and Social Care, to support voluntary and community groups working on gambling harm prevention. It is the first phase of a two-year programme designed to bridge funding gaps ahead […]
Brazil will close 2025 as the world’s fifth-largest betting market Summary In its first year of formal regulation, Brazil is on track to finish 2025 as the world’s fifth-largest betting market, with estimated net revenue of USD 4.139 billion (around BRL 22 billion), according to Regulus Partners and reported by BBC Brasil. The regulatory framework […]
Kalshi’s legal disputes intensify with nationwide class action alleging illegal sports betting Summary Kalshi, a CFTC-regulated designated contract market (DCM), is facing intensified legal pressure after a nationwide federal class action filed in the Southern District of New York accused the firm of operating an unlicensed sportsbook. The suit alleges Kalshi and affiliated market-maker entities […]
UK tax hikes prompt Evoke to scale back operations and cut jobs Summary Evoke plc, owner of William Hill and 888, said it will cut thousands of jobs and scale back UK investment after the government raised remote gaming duty and increased taxes on online sports betting. The new rates — remote gaming duty to […]
China Construction America and BML Settle over $1.6B Baha Mar Construction Summary China Construction America (CCA) and BML Properties Ltd have reached a comprehensive settlement that resolves a US$1.6 billion dispute over the construction of the Baha Mar resort in the Bahamas. CCA has not admitted wrongdoing. The settlement follows a New York judgement that […]
UK Gambling Operators Scramble to Respond to Sudden Tax Shock Summary Chancellor Rachel Reeves announced sharp increases to digital gambling taxes in the Autumn Budget, catching the industry off guard. The online casino duty will jump from 21% to 40% from next April, while the digital sports betting rate will rise from 15% to 25% […]
