TLDR Philippine police are targeting scam hubs that have re-emerged in smaller, harder-to-detect networks after the POGO ban PNP chief General Nartatez confirmed hubs are being dismantled but enforcement is ongoing Locations named include Baclaran, Binondo, Parañaque, Palawan, and Cebu At least 100 “rogue” POGOs were still operating covertly despite a December 31, 2024 shutdown deadline Agencies signed implementing rules in April 2026 to enforce the permanent POGO closure under Executive Order No. 74 Philippine police have ramped up operations against scam hubs that have returned in smaller, harder-to-track forms following the government’s ban on Philippine Offshore Gaming Operators (POGOs).…
Author: Maisie Morrison
TLDR Betr has taken the largest single position on Team USA to win the 2026 FIFA World Cup on Polymarket The bet would return around $1.776 million if the US wins The position hedges a Betr Social Casino promotion offering 10 million free spins worth $1.776 million if Team USA wins Betr recently acquired Ascent Capital Management, gaining NFA and CFTC registration Betr plans to launch its own prediction markets feature within its app later this year Jake Paul’s Betr Bets Big on Team USA at the 2026 World Cup Betr, the real-money gaming app co-founded by Jake Paul, has…
TLDR Uzbekistan has warned against illegal online betting ads appearing on social media, websites, and Telegram ahead of the 2026 FIFA World Cup Ads are using the tournament’s popularity to bypass local gambling marketing rules Article 46 of Uzbekistan’s Law on Advertising bans all gambling-related advertising Anyone involved in creating, publishing, or sharing the ads faces prosecution — anonymous accounts offer no protection The Competition Committee is actively monitoring social media and referring suspected violations to authorities Uzbekistan Warns Against Illegal Betting Ads Before the 2026 World Cup Uzbekistan’s regulators have issued a warning about illegal online betting advertisements spreading…
TLDR Las Vegas Strip casino net profits fell 81% year-over-year to $154.2 million in FY2025 Total Strip revenue dropped 4% to $21 billion, with gaming making up just 26% of that Tilman Fertitta agreed to buy Caesars Entertainment for roughly $17.6 billion including debt Barry Diller made an $18 billion offer for MGM Resorts, though neither deal is finalised Reno was one of the few Nevada markets to grow revenue, running 5.5% ahead of last year’s pace Las Vegas Strip casinos made far less money in fiscal year 2025 than the year before, according to a new report from Nevada’s…
TLDR Singapore police arrested 11 people aged 17–23 in raids between June 4–11, 2026 Suspects allegedly helped illegal online gambling syndicates access unlicensed betting accounts Seven suspects handed over their own bank accounts to gambling networks Agents involved in illegal betting face fines up to S$200,000 and up to 7 years in jail Police urged the public to report illegal betting sites and seek help from the National Council on Problem Gambling Singapore police have arrested 11 people, including teenagers, on suspicion of involvement in illegal online gambling operations. The suspects range in age from 17 to 23 and were…
TLDR Polymarket becomes the official prediction market partner of Liga MX in the United States, beginning with the 2026-27 season. The partnership includes access to key events like the Campeón de Campeones game on July 25, 2026, in Carson, California. Genius Sports will supply official data, streaming, and integrity services to power and settle the prediction markets. All three parties say using official data is central to building transparent and trustworthy prediction markets for fans. This deal follows a growing trend of sports leagues partnering with prediction market platforms to drive fan engagement. Liga MX, one of the most-watched football…
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…