TLDR UKGC’s Tim Miller confirmed gamblers won’t need to submit bank statements or financial documents as part of financial risk assessments A pilot study found 97% of customers would undergo frictionless checks with no disruption to their betting Only 0.1% of active accounts needed additional support to complete the assessment, far below the 0.6% originally estimated The Commission issued 741 cease-and-desist notices and flagged nearly 398,000 illegal URLs to search engines between 2025 and 2026 A final decision on implementing the checks hasn’t been made yet, with the Commission awaiting government support The UK Gambling Commission is pushing back against…
Author: Maisie Morrison
TLDR Betsson posted Q1 2026 total revenues of €285.3 million, with a slight decline from the previous quarter due to a 4% drop in casino revenue Latin America revenues hit €95 million, up 25% year-over-year, now accounting for nearly one-third of total company revenue CEO Pontus Lindwall called Latin America a major growth driver, citing low online gaming penetration and structural growth ahead in Argentina The company is preparing for the 2026 FIFA World Cup with increased marketing and a technology development freeze to prevent risks B2B segment performance declined, weighing on overall profitability, though Lindwall said the unit has…
TLDR Macau gaming-related crimes hit 2,373 in 2025, up 63% from 1,456 in 2024 Illegal money exchange cases exploded 429%, jumping from 89 to 471 cases Gaming fraud doubled from 333 to 667 cases, mostly tied to illegal currency transactions Traditional crimes like loansharking and criminal syndicate activity dropped by over 20-50% Robberies linked to casinos rose 250%, from 4 to 14 cases Macau recorded 2,373 gaming-related crimes in 2025, a 63% increase from the 1,456 cases reported the previous year. The data was published by the Office of the Secretary for Security. Officials said the spike was driven largely…
TLDR Colorado’s Senate passed SB 26-131 by a 20-14 vote, sending the bill to the House for further action The bill bans credit card deposits for sports betting and caps daily deposits at six per account Sports betting ads would be banned on broadcast channels between 8 a.m. and 10 p.m. during live events A proposed ban on prop bets was removed after fiscal estimates warned it would cost $2.4 million in tax revenue Sportsbooks would be blocked from sending push notifications or texts encouraging users to place bets Colorado lawmakers took a step toward tightening the rules around online…
TLDR Misiones province in Argentina is now using AI on its online gambling platforms to detect problem gambling and illegal activity The AI monitors for suspicious micro-betting, fake accounts, abnormal deposits, loss chasing, and compulsive behavior patterns Players flagged by the system will receive automated warnings and may be asked to temporarily stop playing IPLyC Misiones is the first lottery authority in Argentina to adopt AI for early prevention of problem gambling The authority also signed a partnership with the L.E.A. Foundation to address gambling risks among young people The Provincial Institute of Lottery and Casinos of Misiones, known as…
TLDR Genting Resorts World opened New York City’s first full-scale casino in Queens on April 28, next to the Aqueduct Racetrack The casino now offers Baccarat, Blackjack, Craps, Roulette and Poker after operating as a slots-only venue since 2011 It is the first of three licensed casinos to open, with Bally’s Bronx and Hard Rock Metropolitan set for 2030 The opening is phase one of a $5.5 billion redevelopment that will eventually include 6,000 slots, 800 tables, 30+ restaurants and 2,000 hotel rooms Rapper Nas performed at the grand opening after years of lobbying and legal battles led to three…
TLDR Sportradar CEO Carsten Koerl said unregulated revenue accounts for 5% to 13% of the company’s total, far below the 30%-40% claimed by short sellers Short-seller reports from Callisto Research and Muddy Waters caused Sportradar shares to drop 22.6% in a single day last week Koerl called the reports “false, misleading and defamatory” and said the company does not work with black market operators Sportradar posted a Q1 loss of €6 million despite revenue rising 11% to €347 million The company appointed former Entain COO Sameer Deen as its new chief operating officer, effective May 18 Sportradar CEO Carsten Koerl…
TLDR Brazil’s federal government announced a total ban on prediction market platforms across the country Finance authorities are blocking access to 27 prediction market websites through ANATEL Brazilian regulators classify prediction markets as illegal gambling under Law 14.790/2023 A new CMN resolution starting May 4 will prohibit derivative contracts linked to non-financial events Over 39,000 illegal betting websites have already been blocked by Brazilian government agencies Brazil has banned prediction market platforms in a sweeping move that blocks access to major names like Kalshi and Polymarket. The announcement came during a press conference at the Palácio do Planalto. Finance Minister…
TLDR Ohio Sen. Bill DeMora filed SB 430 to regulate prediction markets offering sports contracts under the state’s existing sports betting laws The bill would require prediction market operators to obtain state licenses and pay the same taxes as sportsbooks Federal courts have issued conflicting rulings on whether states can regulate prediction markets like Kalshi The Ohio Casino Control Commission recently moved to fine Kalshi $5 million for taking unlicensed sports bets Several other gambling-related bills are active in Ohio, including one that would ban online sports betting entirely An Ohio state senator introduced a bill Monday that would force…
TLDR A new study estimates legal online sports betting in Nebraska could bring in nearly $87 million in tax revenue over five years About 70% of that revenue, roughly $61 million, would be directed toward property tax credits for residents Tax Relief Nebraska is collecting signatures to put the issue on the 2026 ballot, with the effort moving faster than expected Supporters argue the state is losing revenue as residents already bet in neighboring states or through unregulated platforms Opponents warn that expanded access could increase gambling participation and create social risks that are harder to quantify A new study…