Betting Industry News (Page 6)

IRS Proposes Regs For $2K Gambling Reporting Level - Law360
The IRS proposed new regulations raising the reporting threshold for gambling winnings to $2,000, as mandated by the 2025 budget law.
Gambling addiction on the rise in young men: Report
A recent report indicates a 337% increase in helpline calls regarding gambling addiction among young men in Ontario, linked to the rise of online gambling.
Albanese’s gambling ad gamble: Too little too late?
The Albanese government's plan to curb online gambling ads is facing criticism for not going far enough, sparking debate about betting's influence.
Kaohly Her, Craig Leipold unveil details on Grand Casino Arena renovations
St. Paul officials and the Minnesota Wild owner presented a $600 million renovation plan for the Grand Casino Arena, seeking $200 million in state funding.
Las Vegas-based pizzeria sets opening date at Red Rock Casino
Good Pie pizzeria will open a new location at Red Rock Casino on May 11th, offering pizza by the slice or whole pie.
Woman with gambling addiction used unlicensed sites before her death
Ellen Mulvey, 44, used unlicensed gambling sites despite self-excluding from licensed operators before her death, prompting an inquest.
Spartans Casino Ranks 14th Globally While Razed Walks a Regulatory Tightrope and Gamdom Shuts Out Fiat Players
Spartans Casino rapidly ascended to 14th globally with a successful beta, while Razed faces regulatory challenges and Gamdom limits growth by excluding fiat players.
Hard Rock Bet Casino Michigan Player Secures $224K Payout
A Michigan player, Kimberley D, won a $224,944 jackpot on Hard Rock Bet Casino playing Octoplay’s 5 Star Coins Hold & Win.
Viral truck theft suspect, 2 others nabbed in Pasay for gambling, gun, drugs
Police arrested a viral truck theft suspect and two others in Pasay City for illegal gambling, possession of a firearm, and drugs.
Online gambling overtakes casinos as top driver of Philippine gaming
The Philippines' gaming revenue reached nearly ₱400 billion, driven by a surge in online gambling that surpassed traditional casinos.
How India’s Digital Economy is Driving the Expansion of Online Gaming and Casino Platforms
India's expanding digital economy, fueled by increased internet access and digital payment systems, is significantly boosting the online gaming and casino industry.
The Psychology Behind Wagering Requirements in Casino Promotions: Why They Keep Players Coming Back
Casino wagering requirements exploit psychological principles like the endowment effect and sunk cost fallacy to encourage continued player engagement.
Crypto.com Partners With NYSE-Listed Casino Operator High Roller to Launch US Prediction Market Contracts
Crypto.com is partnering with High Roller Technologies to launch prediction market contracts in the US, aiming for a share of a potentially trillion-dollar market.
Good Pie to open new pizza shop concept inside Red Rock Casino
Good Pie will open a new Brooklyn-style pizza shop at Red Rock Casino in Las Vegas this spring, with a launch event on May 11th.
Nebraskan values driving success in first year at Grand Island Casino Resort
The Grand Island Casino Resort celebrates its first anniversary, reporting over $245 million in economic impact and 430 new jobs.
Matt Rife brings ‘Stay Golden’ world tour to Sandia Resort & Casino in Albuquerque
Comedian Matt Rife will perform his ‘Stay Golden World Tour’ at Sandia Resort & Casino in Albuquerque on July 10th.
Delhi Police special drive: 47 excise and gambling cases filed, 8 women among 58 arrested
Delhi Police arrested 58 people, including 8 women, and filed 47 cases related to excise and gambling offenses during a 24-hour drive.
Relocation of Saskatchewan casino expected to cost $100M and create 400 jobs
The Gold Eagle Casino in Saskatchewan is relocating with a $100 million investment, expected to generate 400 jobs and boost tourism.
Where gambling, substance use intersect is subject of Kane County Health Department webinar
A Kane County webinar will address the connection between problem gambling and substance use disorders, offering resources for prevention and recovery.
Ohio Casino Control Commission seeks to fine Kalshi $5M
The Ohio Casino Control Commission intends to fine Kalshi $5 million for operating unlicensed sports gaming within the state.
Spartans Casino Goes Global in August 2026 While Betway and BetRivers Are Losing Ground Fast
Spartans Casino, a Bitcoin casino, is poised for a global launch in August 2026, challenging established platforms like Betway and BetRivers.
‘It’s on the app’: A New England police chief’s $4.5 million gambling secret
New Haven’s police chief, Karl Jacobson, resigned and was arrested after admitting to embezzling city funds to fuel a $4.5 million online gambling addiction.
‘It’s on the app’: A CT police chief’s $4.5 million gambling secret
A Connecticut police chief resigned and was arrested after admitting to a $4.5 million gambling addiction fueled by online betting apps.
Darts drives Matchroom profit as promoter warns of gambling law impact
Matchroom's profits rose to £44m, largely driven by the growing popularity of darts, but the company warns of potential impacts from changing gambling laws.
Colombia’s Petro Forced to Seek Congressional Approval for Gambling VAT After Courts Block Emergency Decrees
Colombia’s President Petro must now seek congressional approval for a gambling VAT after the Constitutional Court blocked his emergency decrees.
Advisor urges UK to pause gambling risk checks until pilot data is published
A policy advisor is urging the UK government to pause the rollout of gambling risk checks until the Gambling Commission publishes full pilot data.
Pressure Mounts to Delay UK Gambling Affordability Checks
Calls are growing to delay the implementation of UK gambling affordability checks due to concerns about their potential negative impacts.
Tourist became quadriplegic then DIED after freak accident while exiting elevator at Las Vegas casino hotel, $2.5m lawsuit claims
A 78-year-old tourist died after a fall from an elevator at a Las Vegas casino, prompting a $2.5 million wrongful death lawsuit.
West Virginia Tax Division Issues Updated Guidance on Gambling Withholding, Loss Deductions
West Virginia updated its tax guidance regarding withholding on gambling winnings and deductions for gambling losses.
Gambling addiction took hold of our son at 11. Senate Bill 131 could protect other kids. (Opinion)
Parents share their son's struggle with gambling addiction, starting at age 11, and advocate for Senate Bill 131 to protect other children.
Kalshi Is Half Right About Prediction Markets and Gambling
Kalshi argues its prediction markets differ from gambling due to its peer-to-peer exchange model, but this doesn't resolve regulatory concerns.
KCGI Asset Management CEO Cho Won-bok Joins Campaign Against Youth Illegal Gambling
KCGI Asset Management CEO Cho Won-bok participated in a campaign to combat illegal cyber gambling targeting youth in South Korea.
Beyond the Crosswalk Master the Thrills of Chicken Road Casino and Boost Your Winnings with Every Da
Chicken road casino games combine simple arcade gameplay with strategic risk-taking, offering addictive entertainment and potential rewards.
Virginia Governor Blocks Fairfax Casino Plan With Veto
Virginia Governor Spanberger vetoed a bill that would have allowed a casino referendum in Fairfax County, citing local opposition and concerns about state precedent.
Arizona Judge Blocks Gambling Enforcement Against Kalshi Contracts
An Arizona judge temporarily blocked state enforcement of gambling laws against Kalshi, supporting the CFTC's stance on event-based trading.
Grand Island Casino Resort generates nearly $250 million in economic impact during first year
The Grand Island Casino Resort generated nearly $250 million in economic impact and employs 430 people in its first year of operation.
Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi
A federal judge blocked Arizona from enforcing gambling laws against Kalshi, pausing both regulation and criminal prosecution.
$1.6M slot jackpot hits at Summerlin casino
A lucky player won a $1.6 million jackpot on a slot machine at The Resort at Summerlin casino in Las Vegas.
Miami Heat waive Terry Rozier after his arrest by federal authorities on gambling charges
The Miami Heat waived Terry Rozier following his arrest on federal gambling charges, a procedural move to free up a roster spot.
Capita Financial Network explains why the market is not a casino and what that means for your money
Capita Financial Network emphasizes that investing is a planned process, unlike gambling, and offers guidance for all investors.
Spanberger vetoes bill to authorize casino in Northern Virginia
Governor Spanberger vetoed a bill that would have authorized a casino in Tysons Corner, Northern Virginia, citing concerns about local opinion and gambling regulation.
Rapper Offset Released From the Hospital After Being Shot Outside a Florida Casino
Rapper Offset was released from the hospital after sustaining a gunshot wound outside a Florida casino following a fight.
Miami Heat waive Terry Rozier, the last official act of a season derailed by federal gambling charges
The Miami Heat waived Terry Rozier following federal gambling charges, a procedural move to free up a roster spot.
ASA Bans Gecko Play Ad Over Gambling Joke Concerns
The UK's ASA banned a Gecko Play ad for using a gambling joke that downplayed risks and encouraged harmful behavior.
Gambling Regulatory Authority to get new chief executive
Daniel Tan Sin Heng will replace Teo Chun Ching as the chief executive of the Gambling Regulatory Authority (GRA) in June.
Australia’s Own Impact Analysis Undercuts Landmark Gambling Ad Crackdown as New Zealand Delays Similar Action
Australia's impact analysis estimates its gambling ad restrictions will reduce losses by only 0.8%, while New Zealand delays similar action.
Real-Time Stakes: Spartans Casino Uses Blockchain to Power its $7,000,000 Leaderboard
Spartans Casino utilizes blockchain technology to manage a $7,000,000 monthly leaderboard, ensuring transparency and fast payouts.
GammaStack Shortlisted for Three Major Industry Awards Across Casino and Sports Betting Platform Categories
GammaStack has been nominated for three industry awards recognizing its innovative casino and sports betting platform solutions.
Italy Eyes Gambling Sponsorship Return as Football Federation Links Ad Ban to Structural Decline
Italy's football federation president proposed lifting the ban on gambling advertising to boost funding and address structural issues within Italian football.
Former Fresno Arts Council manager pleads guilty to stealing $1.8M for gambling, vacations
Suliana Caldwell pleaded guilty to wire fraud for embezzling $1.8 million from the Fresno Arts Council for personal expenses.
Spanberger Vetoes Fairfax Casino Bill, Citing Local Opposition - Royal Examiner
Governor Spanberger vetoed a bill concerning a Fairfax casino, citing local opposition and concerns about gambling regulation in Virginia.
Spartans Casino Set the $7M World Record Leaderboard While Roobet and Rollbit Ran Smaller Promotions - Tekedia
In April 2026, Spartans Casino disrupted the digital betting market with a $7M leaderboard, while Roobet and Rollbit focused on esports and high-limit games.
Offset sued for $100k after allegedly failing to pay gambling debt as he recovers from shooting incident near Florida casino
Rapper Offset is being sued for $100,000 by a Detroit casino over an unpaid gambling debt while recovering from a shooting near a Florida casino.
Local 150 claims Blue Chip Casino took anti-data center signs
Local 150 claims Blue Chip Casino confiscated their protest banner opposing the use of out-of-state workers on Project Maize.
Offset Sued Over $100K Casino Debt Amid Lil Tjay Beef
Offset is being sued for $100,000 by a casino due to unpaid gambling debts, following an altercation reportedly linked to another gambling dispute with Lil Tjay.
Maryland casino revenue sinks to $168 million in March, education funds hit again
Maryland casino revenue declined by 2.3% in March 2026 to $168.1 million, impacting education funding.
How 2026's Surge in First-Time Bettors and New IRS Rules Are Shifting World Cup Odds
The 2026 World Cup will see a surge in first-time bettors and new IRS rules impacting gambling taxes, potentially shifting betting odds and creating 'phantom income'.
The Differences in Online Gambling Rules Across Canadian Provinces
Online gambling in Canada is regulated provincially, leading to varying rules and a forthcoming national framework.
Judge allows Arizona gambling case against Kalshi, denying preliminary injunction
A federal judge denied Kalshi's request to halt Arizona's gambling case, allowing the state to proceed with criminal charges.
National Gambling Board intros portal to verify operators
The National Gambling Board launched a portal listing licensed gambling operators in South Africa to combat illegal betting and protect the public.
Offset Sued for $100K Tab at Detroit Casino Days After Being Shot in Florida
Rapper Offset is being sued for $100,000 by a Detroit casino shortly after being shot in Florida, stemming from an unpaid tab.
UK’s £120 Million Gambling Levy Delivers First OHID Prevention Grants Amid Sector Turmoil
The UK’s new gambling levy has distributed its first prevention grants through OHID, replacing the previous Gambleaware charity-led system amid sector concerns.
Surovell, Alcorn Clash Over Tysons Casino In TV Debate
State Senator Surovell and Supervisor Alcorn debated a proposed casino in Tysons, Virginia, disagreeing on its economic benefits and impact on the area.
Offset Reportedly Lost $900K Gambling Before Lil Tjay Incident
Offset reportedly lost $900,000 gambling before being shot near a Florida casino, with several individuals claiming he owes them money.
The stock market is now the world’s biggest casino
The stock market, despite appearing different from casinos, increasingly resembles one due to insider trading and potential manipulation.
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Panama to scrap the 5.5% tax on casino and betting winnings to lure back foreign tourists

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Glasgow wins gambling harm funds as one in 15 at risk of addiction

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30% of working Ghanaians turning to gambling to cope with financial pressure – Report

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Sen. John Curtis warns prediction markets undermine Utah’s anti-gambling laws

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Casino boss defends closure of iconic Primm resorts amid backlash from founding family

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Kalshi, Polymarket lose 2 state gambling appeals

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Top real money slots to play with the betPARX Casino promo this Memorial Day weekend

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Investing and Online Gambling

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NOTICE | Lodgement of applications: Eastern Cape Gambling board

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New England casino winner: Player wins nearly $900K on this poker game

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NC’s newest casino is now open. 3 things to know before you go

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Casino.org Survey Reveals Americans Increasingly Treat Prediction Markets as Investments

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Market Analysis: The Sustained Growth of the Social Casino Vertical in 2026

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New Aurora Hollywood Casino location next to Chicago Premium Outlets set to open in June

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UK Gambling Commission FRAs vs US State Mandates

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Gov. Reynolds signs Iowa sweepstakes and gambling crackdown expanding enforcement and revising tax withholding

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New York's case that Steam lootboxes are "gambling" is a free speech violation that "will have an impermissible chilling effect on protected videogame design", argue Valve

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What is a no verification casino? Everything players should know

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What's next as ex-UC QB Brendan Sorsby exits gambling addiction center

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Study finds unregulated online gambling worth $5.9 trillion annually, enough to rank as world’s third-largest economy

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Primm family eyes ‘return to better days’ in quiet casino outpost

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