Author: Maisie Morrison

TLDR Genting Bhd CEO clarified the 2025 takeover offer was about gaining majority control, not privatising Genting Malaysia Genting Bhd held a 49.36% stake before the offer; 75% is needed to delist Resorts World New York City launched as a full-service casino on April 28, 2026 CEO says New York property may soon outperform Resorts World Genting in Malaysia Both Genting Bhd and Genting Malaysia were removed from the MSCI Malaysia index in 2025 Genting Bhd’s chief executive has clarified the company’s plans for its subsidiary, Genting Malaysia. The takeover offer made in October 2025 was about getting majority control,…

TLDR A bill to ban betting company advertising in Belo Horizonte was pulled from a vote on June 10 due to lack of council support Councilor Pedro Rousseff withdrew the bill, delaying it until at least July A second linked bill was also halted automatically under local legislature rules Supporters cite gambling addiction and debt as reasons for the proposed ban Other Brazilian cities including Teresina have already passed similar advertising restrictions Belo Horizonte’s city council will not vote on a betting advertising ban anytime soon. The bill’s sponsor pulled it from the agenda after realizing he didn’t have enough…

TLDR The Dominican Republic has passed an anti-crisis economic package targeting fiscal reform Large companies earning over 1 billion pesos will face a temporary 3-point corporate tax surcharge, raising the rate to 30% New taxes planned for casinos and gambling, though details are not yet confirmed Check fees and e-transfer fees will rise from 0.15% to 0.2% The National Lottery may become a fully independent state body overseeing all gambling regulation The Dominican Republic has launched a broad economic reform package aimed at stabilizing public finances and protecting lower-income citizens during ongoing global economic pressure. Finance and Economy Minister Magín…

TLDR Osasuna took out a €1.2 million insurance policy paying ~€6 million if relegated from LaLiga The club says it had no knowledge of a bet placed on Kalshi prediction market linked to its relegation Insurer Howden passed the hedge through Game Point Capital, which used Greenlight Commodities to place the Kalshi position Osasuna narrowly survived relegation after losing its final match Industry figures say relegation insurance is common practice in football Osasuna Denies Betting Against Itself After Kalshi Relegation Trade Surfaces Spanish football club Osasuna has pushed back against reports suggesting it placed a bet against its own survival…

TLDR Global World Cup wagers could exceed $50 billion, per Macquarie analyst projections France, Massachusetts, Alberta, and Ontario launched responsible gambling campaigns ahead of the tournament DraftKings launched a soccer-themed behavioral self-assessment tool and a sweepstakes tied to responsible gambling tools FanDuel is deploying RG ambassadors including new ambassador Erin Andrews throughout the tournament Several operators and prediction markets including Kalshi and Polymarket declined to comment or share RG plans World Cup 2026 kicked off June 11 with 48 teams, 104 matches, and what Flutter CEO Peter Jackson called the “biggest betting opportunity we’ll have ever seen.” Global wagers could…

TLDR Portugal’s Minister of Economy announced new legislation coming “this summer” to tackle illegal online gambling The country’s online gambling market is valued at around €24 billion, with unlicensed activity growing fast The new laws will focus on oversight, sanctions, prevention, and public awareness In April 2026, Portugal launched a unified self-exclusion portal cutting access across all licensed platforms at once Earlier reforms in January 2026 expanded legal offerings to include bet boosts, bonus buys, and bet builder features Portugal’s government is preparing new laws to crack down on illegal online gambling, with legislation expected to be introduced this summer.…

TLDR The Dutch Gaming Authority (KSA) fined 711 B.V. €886,000 for failing to protect players from gambling addiction Violations occurred between February 2022 and June 2024, covering ten player files One player lost nearly €78,000 in a single day with no timely intervention from 711 The company failed to carry out proper personal contact with at-risk players under Dutch law This is 711’s second run-in with the KSA, after a marketing violation involving an influencer in November 2025 Dutch Regulator Fines 711 Casino €886,000 for Failing to Protect Gamblers The Dutch Gaming Authority, known as the KSA, has fined online…

TLDR Massachusetts became the first state to require sportsbooks to notify customers when they are being limited Sharp bettors have largely received notices telling them their winning strategies are unwanted FanDuel and BetMGM cited “pricing inefficiencies” and “unusual markets” as reasons for limiting accounts Some sportsbooks are closing accounts entirely instead of following the notification rule Prediction markets are growing as an alternative, putting pressure on traditional sportsbook operators Massachusetts has become the first state in the US to require sportsbooks to tell customers why their betting accounts are being limited. The rule took effect on June 1, 2026, and…

TLDR Citi forecasts a 10% year-on-year drop in Macau GGR in June and 5% in July due to the FIFA World Cup 2026 The World Cup runs June 11 to July 19, featuring 48 teams and 104 matches — larger than previous editions Past tournaments like UEFA Euro 2024 saw Macau daily GGR fall around 17% below the yearly average Macau gaming stocks are trading at 7.3x EV/EBITDA, well below the long-term average of 11.4x Citi projects GGR will rise 5.7% year-on-year in H2 2026, driven by concerts and events post-tournament The World Cup Is Expected to Pull Gamblers Away…

TLDR Calls to gambling addiction hotlines in the Philippines have surged, with one centre reporting 9 in 10 calls now related to gambling The Recovering Gamblers of the Philippines helpline is now receiving 30 calls a day, up from 20 last year A new National Problem Gambling Helpline received 161 calls since launching on May 26 PAGCOR registered 32 million electronic gaming players as of July 2025, up from 8.2 million at end of 2024 Philippine gaming revenue is expected to fall to 320–350 billion pesos this year, down from 396 billion pesos last year Gambling addiction in the Philippines…