Author: Maisie Morrison

TLDR AGA CEO Bill Miller says the US integrated resort model continues to spread across Asia. Macau’s six casino concessionaires now include dining, retail, and entertainment beyond gambling. Singapore’s Marina Bay Sands and Resorts World Sentosa follow the same approach. New projects are planned in the UAE and Japan, including Wynn Al Marjan Island and MGM Osaka. Miller says prediction markets take up about 70% of his workday as a regulatory issue. Bill Miller is the president and CEO of the American Gaming Association. He recently spoke during an oral history interview at the University of Nevada, Las Vegas Gaming…

TLDR CazéTV sent a formal response to Brazil’s Ministry of Justice about World Cup betting broadcasts The broadcaster says sports commentary about betting odds is not the same as paid advertising Senacon released documents showing officials reviewed specific commentary segments A Ministry of Finance official said one broadcast may have misled viewers CazéTV says ads follow rules, including 18+ labels and licensing numbers CazéTV has responded to Brazil’s Ministry of Justice about how it covers betting during World Cup broadcasts. The broadcaster submitted a formal letter defending its on-air commentary. The letter was made public by Brazil’s National Consumer Secretariat,…

TLDR S&P Global Ratings expects NagaCorp’s adjusted revenue to grow between 3% and 8% through 2027. The company keeps its B+/Stable rating from S&P, with vulnerable business risk and intermediate financial risk. NagaCorp holds a gaming monopoly in Phnom Penh until 2045, covering a 200-kilometre radius. Gross gaming revenue is expected to rise 27% in 2025, reaching $692 million. The $3.5 billion Naga 3 project may be rescaled, with spending set to resume in 2027. S&P Global Ratings says NagaCorp Ltd is on track for adjusted revenue growth of 3% to 8% across 2026 and 2027. The Hong Kong-listed company…

TLDR Australia’s Federal Court ordered more than AU$24 million in penalties against illegal online poker operators. Three poker brands — PPPfish, Shuffle Gaming and Redraw Poker — were found to have broken the Interactive Gambling Act. Brisbane Poker Pty Ltd received the largest fine at AU$15 million. Director Rhys Edward Jones was personally ordered to pay AU$9 million. Combined penalties across related cases have now reached AU$29.24 million. Australia’s Federal Court has ordered penalties of more than AU$24 million against a network of illegal online poker platforms. The ruling targets operators who accepted Australian players despite a nationwide ban on…

TLDR Norway’s round-of-16 match against Brazil became the most bet-on event in Norsk Tipping’s history. About 350,000 customers placed wagers on the match. The figure nearly matches the entire 2024 European Championship’s total of 380,000 bettors. It is the second betting record broken during this World Cup, after the Norway–France group match. Roughly 600,000 customers have bet on World Cup matches through Norsk Tipping so far. Norway’s World Cup campaign has broken a betting record at the country’s state-owned gaming company, Norsk Tipping. The round-of-16 match against Brazil on Sunday became the most heavily wagered single event in the company’s…

TLDR Kalshi faces key hearings July 10 in Washington state court and the Ninth Circuit over sports event contracts. Connecticut and Tennessee have reply briefs due July 8 in their prediction market lawsuits. North Carolina may become the second state to tax prediction market revenue if Governor Josh Stein signs the budget. The USMNT’s win over Bosnia drew 33 million viewers, fueling more sports betting and trading activity. Kalshi and Polymarket have crossed $1 billion and $4 billion in World Cup trading volume respectively. Prediction market lawsuits are moving forward on multiple fronts this week. At the same time, World…

TLDR Angola’s Institute of Games Supervision (ISJ) opened a 30-day licensing window for gambling operators. The transitional regime took effect on July 1, following a Circular presented on June 29. Operators can secure provisional approval while the government finalizes rules under the Gaming Activity Law. The rule covers operators whose licenses lapsed before or after the law took effect, if they notified the regulator. Angola’s gambling revenue grew 75.1% over the past year, with parafiscal revenue up 24% in February. Angola’s gambling regulator has given operators a short window to get their paperwork in order. The Institute of Games Supervision,…

TLDR Illegal online gambling in the EU generated an estimated €91.6 billion in 2025. EU governments missed out on about €22.9 billion in tax revenue. More than 6,200 illegal gambling websites are targeting European players. The European Casino Association shared the data at a European Parliament roundtable. Officials are discussing stronger cross-border enforcement, including changes to Europol’s role. Illegal online gambling aimed at people in the European Union brought in an estimated €91.6 billion in 2025. The figure was shared at a roundtable held at the European Parliament this week. The data comes from the European Casino Association and was…

TLDR Laurence Escalante has resigned as CEO and Executive Chairman of sweepstakes casino operator VGW, effective immediately. The move follows six months on leave after Western Australia Police charged him with family-violence and drug-related offenses. Acting CEO Mats Johnson will run the company while VGW searches for a permanent chief executive. The resignation comes less than a year after Escalante completed a $2.3 billion privatization of VGW. VGW still leads the U.S. sweepstakes market, though its top brands have lost market share amid rising competition and new state regulations. Laurence Escalante has resigned as CEO and Executive Chairman of VGW.…

TLDR A Polymarket user placed a $409,000 bet that Vladimir Putin will leave office by December 31, 2026. The bettor, known as ZnotluvuiSamez, has a history of large wagers tied to the Ukraine war. The market still gives the outcome only around an 11% chance. Putin is not scheduled for another election for several years, so the bet does not match any planned vote. Ukraine has stepped up drone strikes on Moscow, drawing more attention to political betting markets. A single bet worth roughly $409,000 has put one of Polymarket’s political contracts back in the spotlight. The wager predicts that…