TLDR Filipino lawmaker Eli San Fernando wants social media influencers who promote gambling websites to face legal accountability. He raised the issue during a House hearing on PAGCOR’s proposed 2027 budget. San Fernando wants influencers to face the same liability as gambling operators when ads break rules. PAGCOR chairman Alejandro Tengco confirmed a gambling operator tied to influencer Ivana Alawi was fined PHP1 million. The fine was issued over a phone giveaway promotion that skipped required responsible gambling disclaimers. A Filipino lawmaker is pushing for social media influencers to be held legally responsible when their gambling promotions break advertising rules.…
Author: Maisie Morrison
TLDR SJM Holdings posted adjusted EBITDA of HKD783 million for the quarter ended June 30, up 13.9% year-on-year. CBRE Capital Advisors said the gain came from an easier hold comparison, and EBITDA would have fallen 2.1% without it. The company’s share of Macau’s casino market rose to 10.0% in the second quarter, reaching 10.8% in June. Staff numbers have been cut by 10% over the past seven months to help manage labour costs. Grand Lisboa Palace is undergoing a mass gaming floor renovation expected to finish in the first half of 2027. SJM Holdings Ltd reported adjusted EBITDA of HKD783…
TLDR Brazil’s federal government is reviewing a plan to stop betting firms from using Rouanet Law-funded cultural projects for branding. The Ministry of Culture is discussing the idea with other government ministries before deciding on a legal path. Betting companies currently make up a small share of funding for Rouanet Law projects compared to other sponsors. Any new rule would not affect deals that are already in place. The plan comes as President Lula steps up public criticism of the betting industry ahead of the October election. Brazil’s government is looking at ways to stop betting companies from using cultural…
TLDR Moody’s expects Melco Resorts’ revenue to grow 4.5% in 2026 to $5.4 billion, then another 4% in 2027 to $5.6 billion. Macau’s overall casino market is forecast to grow 6% in 2026 and 4% to 5% in 2027. Adjusted EBITDA is projected to rise to $1.3 billion in 2026 and $1.4 billion in 2027. Melco Resorts’ debt to EBITDA ratio is expected to fall to 5.5 times by the end of 2026 and 5.0 times in 2027. Moody’s expects the company to resume dividend payments in early 2027 and finish a $590 million stock buyback program by 2028. Moody’s…
TLDR Grupo EGB launched a new advertising guide for influencers and affiliates working in Brazil’s regulated betting market. The Playbook requires #ad labels, +18 age warnings, and legal disclaimers on all betting content. Sports commentary and match analysis must stay separate from any betting calls to action. The guide bans posts showing winnings, account balances, or claims of “guaranteed” wins. Training on the new rules will now be part of onboarding for EGB’s influencer partners. Grupo EGB, the company behind Esportes da Sorte, Onabet and Lottu, has released a new guide for influencers and affiliates who promote betting content in…
TLDR The NFL announced sportsbook deals with FanDuel and DraftKings on Thursday morning Fanatics became the NFL’s only official sportsbook partner last week, ahead of the other two deals Genius Sports stock has dropped from around $21 to about $7.60 since 2021 The NFL owns close to 8.7% of Genius Sports, making it the company’s largest shareholder DraftKings and FanDuel handle over 80% of US sports betting, giving them more power at the negotiating table The NFL has completed sportsbook deals with FanDuel and DraftKings. The league announced the agreements on Thursday morning. The deals come after weeks of talks…
TLDR Phil Walker is set to become interim CEO of Allwyn UK, which runs the National Lottery He is stepping back from his board role at Game Nation, a chain of adult gaming centres Two MPs have asked the Gambling Commission about his gambling industry history Walker was sanctioned in 2024 over anti-money-laundering failures at William Hill The UK government is pushing new rules to limit the growth of gaming centres Phil Walker is preparing to take over as interim chief executive of Allwyn UK. The company runs Britain’s National Lottery under a licence that lasts until 2034. His appointment…
TLDR Kalshi has secured sponsorship deals with five MLB teams: the Red Sox, Dodgers, Braves, Giants and Padres. The deals include stadium signage, digital branding and fan promotions. Kalshi argues its event contracts are federally regulated financial products, not sports bets. States including Massachusetts, Nevada, Michigan and Washington have already limited Kalshi’s sports markets. Legal challenges are underway in Massachusetts courts and in a federal lawsuit filed by California tribal gaming groups. Kalshi has expanded its presence in professional baseball by signing sponsorship agreements with five Major League Baseball teams. The deals cover the Boston Red Sox, Los Angeles Dodgers,…
TLDR A Polymarket wallet named VelvetNova27 bet about $818,000 against the CLARITY Act passing in 2026. The trader bought over 1.05 million No shares at an average price near 77.7 cents. Polymarket now shows only a 14% chance the bill becomes law this year. A second wallet, KatsuManager87, placed about $676,800 on the same side. The Senate holds a key procedural vote on the bill on September 15. A trader on the prediction market Polymarket has placed a large bet against a major US crypto bill. The wallet, known as VelvetNova27, is new to the platform. It bought more than…
TLDR Mauritius amended its Gambling Regulatory Authority Act under the Finance Act 2026, with presidential assent given on August 12, 2026. The law creates three licence types: B2C, B2B, and ancillary provider licences for online gambling companies. Operators must now incorporate in Mauritius before applying for a licence, and fees range from €5,000 to €30,000 per year. New rules require operators to link their servers directly to the regulator for real-time monitoring, starting March 1, 2027. Fines for violations rise to 400,000 rupees, and the regulator itself now faces new asset declaration and anti-corruption rules. Mauritius has passed a major…