TLDR Kentucky passed HB 904, allowing tracks to offer fixed-odds horse racing wagers alongside traditional parimutuel betting The law takes effect mid-July 2026, but regulations still need to be created before any track can offer fixed-odds Churchill Downs confirmed it will not offer fixed-odds wagering at any of its racetrack properties Lawmakers say fixed-odds betting could attract younger bettors and allow cross-sport parlays with football and basketball Other Kentucky tracks like Keeneland, Kentucky Downs, and The Red Mile could be the first to adopt fixed-odds racing Kentucky has a new law on the books that will allow horse racing tracks…
Author: Maisie Morrison
TLDR BETBY has partnered with QTech Games to provide its full sportsbook solution to QTech’s global operator network BETBY will serve as QTech’s exclusive sportsbook provider, covering over 500,000 monthly events The deal simplifies sportsbook launches for casino-focused operators through a single API integration The partnership targets growth in Asia, Latin America, and Africa Both companies say the deal will help operators deliver localized betting experiences in emerging markets BETBY, a Tier-1 sportsbook provider, has announced a new partnership with QTech Games, a major game distributor and aggregator operating across emerging markets. The deal will see BETBY supply its complete…
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…
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…