Author: Maisie Morrison

TLDR Five Democratic lawmakers sent a letter to 12 CEOs of sportsbooks and prediction markets over concerns about targeting young adults aged 18-24 Kalshi was called out for a TikTok ad where a user claimed to earn two years’ rent from trading on the platform An Ipsos poll found young men aged 18-24 are twice as likely as others to use sports betting or prediction market apps The lawmakers labeled industry efforts to address concerns as “insufficient” and “reactive” and requested answers to 12 questions by May 29 The SAFE Bet Act, which would impose federal regulations on sports betting…

TLDR Resorts World NYC’s new table games earned roughly $4.9 million in gross gaming revenue over six days, less than half of Maybank’s forecast The casino’s 242 table games averaged about $3,400 per table per day versus the projected $7,500 Slot machine revenue jumped approximately 20.5% year-on-year to $23.5 million, beating expectations Total gross gaming revenue at Resorts World NYC rose 46.1% compared to the same period last year Maybank kept its BUY rating on Genting Malaysia, expecting table game revenue to ramp up over time Resorts World New York City posted weaker-than-expected table game numbers during its first week…

TLDR Playson has partnered with StarVegas, one of Switzerland’s first licensed online casino operators StarVegas is operated by Casino Interlaken and is a leading Swiss online casino brand Several Playson games have launched on StarVegas, including Thunder Coins XXL and Coin Strike The game integration was completed through Greentube Playson described Switzerland as a key area of opportunity and growth for the company Playson has announced a new partnership with StarVegas to expand its reach in the regulated Swiss online casino market. The deal brings several of Playson’s popular slot titles to one of Switzerland’s first licensed online casino platforms.…

TLDR The Albanese government released its response to the Murphy inquiry into online gambling on budget day, drawing accusations of avoiding scrutiny The response came 1,049 days after the Murphy report was first tabled in parliament Reforms include restrictions on gambling ads during live sport, limits on celebrity endorsements, and new rules for influencers and podcasters The government does not fully endorse all 31 Murphy recommendations and key details remain unresolved Plans also include national match-fixing laws and a “triple lock” opt-out system for gambling ads on digital platforms The Australian government has released its long-awaited response to a major…

TLDR Australia’s 2026-27 budget includes AU$112.7 million (US$73.3 million) over five years to reduce online gambling harms AU$39 million will go toward expanding financial counselling for individuals and families affected by gambling The national self-exclusion register BetStop will receive AU$28.7 million for upgrades and awareness campaigns Part of the funding comes from an increased levy on licensed gambling operators New gambling advertising bans during live sports broadcasts take effect in January 2027 Australia’s federal government has committed AU$112.7 million over five years to address online gambling harms, according to the country’s 2026-27 budget papers released on Tuesday. The package, titled…

TLDR DraftKings launched Combos, a parlay-style feature letting users bundle up to six event contracts on its Predictions platform The Combos feature runs on Crypto.com’s exchange infrastructure and excludes tennis, PGA Tour, elections, crypto, and commodities markets A new standardized fee structure charges between $0.01 and $0.02 per contract depending on price DraftKings plans to invest $200–$300 million into Predictions in 2026, focused on marketing and product development Annualized consumer volume on Predictions topped $1 billion in April, with total volume traded surpassing $2.3 billion DraftKings has launched a new parlay-style feature called Combos on its Predictions platform. The company…

TLDR The Ontario Securities Commission issued a failure-to-file cease trade order against NorthStar Gaming after the company missed its 2025 audited annual financial statements deadline. NorthStar’s auditor withdrew its report on 2023 and 2024 financials, citing an inability to verify a key technology vendor’s system controls. Trading of NorthStar securities is now halted across all Canadian jurisdictions, with limited exceptions for non-insiders selling through foreign markets. CEO Michael Moskowitz stepped down in December, and the audit committee chair also resigned, with Corey Goodman now serving as interim CEO. If filings are submitted within 90 days, NorthStar can apply to have…

TLDR 60% of Brazilians plan to place bets on digital platforms during the 2026 FIFA World Cup 26% of survey respondents are already in debt before the tournament begins Indebted Brazilians are 1.6 times more likely to bet than those without debt 70% of 18-24 year olds plan to use betting platforms during the games 30% of respondents view betting as an additional source of income A new survey from Creditas and Opinion Box found that 60% of Brazilians plan to bet on digital platforms during the 2026 FIFA World Cup. The study polled 561 employed adults between April 15…

TLDR The American Gaming Association (AGA) called prediction markets a direct threat to the regulated U.S. gaming industry in its latest report. AGA CEO Bill Miller said the industry will “fight back” against illegal sports betting through sports event contracts. The Gaming Industry Outlook showed a 1.5% rise in real activity across casinos and betting operations. Executive confidence improved to a net positive of 21.4%, up from negative sentiment in early 2025. Nearly two-thirds of gaming executives plan to increase spending on projects in the next year, with half expecting AI to help cut costs. The American Gaming Association has…

TLDR The Dominican Republic adopted Resolution No. 184-2026, introducing new responsible gambling rules and a National Self-Exclusion System Gambling operators must now implement deposit limits, spending limits, time limits, automatic alerts, and mandatory pauses Citizens can voluntarily exclude themselves from all gambling platforms and physical establishments nationwide New restrictions ban gambling advertising aimed at minors and prohibit using child-attractive imagery in marketing The resolution applies to all gambling forms including casinos, sports betting, online gambling, and lottery shops The Dominican Republic has introduced sweeping new gambling regulations with the adoption of Resolution No. 184-2026. The rules establish a National Self-Exclusion…