TLDR Esportes da Sorte Group has acquired Apostou.com, operator of BETBR Loterias, B1BET and BRBET. The deal expands the group’s footprint in Brazil, the world’s fifth-largest betting market. Brazil’s regulated betting sector generated nearly BRL6 billion ($1.2 billion) in revenue between January and May 2026. Esportes da Sorte and Onabet, both owned by the same group, rank sixth and tenth among Brazil’s top betting operators. The acquisition is under review by Brazil’s antitrust regulator, CADE. Esportes da Sorte Group has acquired Apostou.com. The company operates BETBR Loterias, a betting brand licensed by Brazil’s Secretariat of Prizes and Betting. Apostou.com has…
Author: Maisie Morrison
TLDR Supporters submitted about 350,000 signatures across two petitions to legalize online sports betting in Nebraska. Both petitions cleared the signature thresholds needed for ballot consideration. County officials must now verify the signatures before the Secretary of State certifies the measures. The plan would allow up to 10 online sportsbook platforms tied to the state’s five retail casinos. WarHorse Casinos and Sports Betting Alliance members, including DraftKings and FanDuel, back the campaign. Nebraska voters may get to decide this November whether online sports betting becomes legal in the state. Supporters of the measure submitted roughly 350,000 signatures across two separate…
TLDR Malik Beasley pleaded not guilty to four federal charges tied to an alleged prop-bet rigging scheme. He was released on $100,000 bond and must return to court on Aug. 6. Ed Davis is accused of acting as a “gatekeeper” between Beasley and the betting ring. Damon Jones was named as a co-conspirator in a separate filing tied to the case. Prosecutors say the group wagered hundreds of thousands of dollars, including one bet that won $121,000. Former NBA guard Malik Beasley pleaded not guilty on Wednesday to four federal charges. The charges stem from an indictment filed in the…
TLDR Macau’s Commission Against Corruption criticized the Gaming Inspection and Coordination Bureau for trying to collect a fine twice. The case involved a casino visitor fined for nuisance behavior who was later banned from the venue. The fine was paid to the Financial Services Bureau but proof was never sent to the gaming regulator. The gaming bureau then asked a separate agency to collect the same fine again without checking payment status first. The regulator says it is now reviewing its internal procedures after the watchdog’s findings. Macau’s anti-corruption watchdog has issued criticism of the city’s gaming regulator this week.…
TLDR Jeju Dream Tower casino revenue rose 36.1% year-over-year in June to $31.3 million. Table game sales climbed 37.4% year-over-year, helped by a stronger hold percentage. Casino visitor numbers rose 18.7% year-over-year to 61,146 guests. Hotel sales increased 17.6% year-over-year, reaching close to KRW8.03 billion. First-half 2026 casino sales rose 36.6% year-over-year, with table drop hitting KRW1.21 trillion. Lotte Tour Development reported a rise in casino revenue at its Jeju Dream Tower property for June. The property posted revenue of KRW48.72 billion, or about $31.3 million, marking a 36.1% increase from June last year. The company filed the figures with…
TLDR Colombia’s Council of State confirmed a partial suspension of Coljuegos’ 2023 Advertising Resolution. No appeal was filed, so the suspension is now final. The 20% cap on advertising and marketing spending for operators no longer applies. Annual advertising plans and quarterly reporting requirements have been lifted. Coljuegos can no longer fine operators or cancel licenses under the suspended sanctions rule. Colombia has confirmed a partial suspension of Coljuegos’ 2023 Advertising Resolution. The decision affects online gambling operators across the country. The suspension became final after no party filed an appeal within the legal deadline. This followed a ruling from…
TLDR Bangladesh’s parliament passed the Gambling Prevention Bill on July 1, 2026. The law replaces the 1867 Public Gambling Act and targets online and digital gambling. Online gambling offenses carry up to 5 years in prison and fines up to Tk 1 crore. Online betting participation carries penalties up to 7 years in prison and Tk 5 crore fines. Parliament also passed a cyber law amendment removing gambling punishment from the Cyber Security Act. Bangladesh’s parliament passed a new gambling law on July 1. The law is called the Gambling Prevention Bill. It replaces an old law from 1867. That…
TLDR Brazil’s Ministry of Finance issued Ordinance SPa/MF No. 1,818 to regulate commercial lotteries and prize promotions. The rule targets companies running draws or contests without prior government approval. Violators face fines equal to 100% of the total value of prizes offered. Companies can lose their authorization or be banned from similar activities for three years. A new Commitment Agreement option lets companies settle disputes without a full legal process. Brazil has introduced a new regulation aimed at controlling commercial lotteries and prize promotions across the country. The Ministry of Finance published the rule through the Secretariat of Prizes and…
TLDR North Carolina’s budget plan would let bettors deduct gambling losses on state taxes for the first time. The deduction would apply retroactively to Jan. 1, 2025. The sportsbook tax rate would rise from 18% to 23% under the plan. Sportsbooks would need to issue a W-2G form when a customer’s annual winnings reach $2,000 with one operator. UNC Chapel Hill and NC State could each become eligible for up to $5.8 million a year in betting tax funds. North Carolina lawmakers are considering a change to how the state taxes sports betting. The plan could give bettors a tax…
TLDR Online casinos passed lotteries to become Denmark’s largest gambling segment in 2025, making up 38% of the market. Total Danish gambling revenue reached DKK11.5 billion ($1.75 billion), a 1% drop from 2024. Online casino revenue grew 12.1% year-on-year to DKK4.31 billion, more than doubling since 2012. Sports betting and lottery revenue both fell, dropping 11.5% and 6.2% respectively. The gambling helpline StopSpillet logged a record 727 calls in 2025, with online casino linked to most problem gambling cases. Online casinos have become the largest part of Denmark’s gambling market for the first time. This is according to a new…