Officials in Hong Kong are discussing the possibility of legalizing basketball betting to tap into an estimated HK$525 billion ($67 billion) market The move could help address the city’s HK$100 billion ($129 billion) fiscal deficit while also tackling illegal gambling, according to a source who spoke to the South China Morning Post Illegal..

Sweden’s gambling industry saw revenue grow by 265% in 2024, reaching SEK2785 billion ($262 billion), according to Spelinspektionen Online gambling remained the largest segment, pulling in SEK1784 billion ($168 billion), a 5% increase from the previous year The fourth quarter was the most profitable, generating SEK761 billion ($71544 million),..

According to a recent poll, almost one-third of Australians have digital assets, indicating a sharp increase in bitcoin usage nationwide Notwithstanding persistent regulatory concerns, the results also show rising confidence in the industry 325% of Australians have owned bitcoin at some stage, according to the most recent Independent Reserve..

A Melbourne family’s ordeal has led to the most extensive enforcement action by the Victorian Gambling and Casino Control Commission (VGCCC) against underage gambling The investigation spanned over 2000 hours, resulting in 14 prosecutions against 10 entities, 98 charges, and fines totaling $500,00014 prosecutions against 10 businesses, 98..

Paris FC has secured a significant partnership with bwin, a renowned name in sports betting and poker This collaboration aims to enhance fan engagement and strengthen the club’s presence in French and international football As part of the deal, bwin will gain brand visibility at all Paris FC matches while offering exclusive prizes and..

On March 6, 2025, the eagerly awaited PUBG Mobile 37 update will be released, bringing with it a slew of fascinating new content During the PUBG Mobile Global Championship 2024, the upgrade was formally revealed, promising a more strategic and engaging gameplay experience What’s New in the PUBG Mobile 37 Update Golden Dynasty Mode Brings..

After FDJ Group decided to shift its contractual role, Kambi Group is expected to take over as the Ontario Lottery and Gaming Corporation's (OLG) new sports betting partner A contract novation process has been agreed to by all three parties, subject to regulatory approvals Kambi CEO Werner Becher expressed enthusiasm about the opportunity,..

BetCity, one of the top online sports betting companies in the Netherlands, and Kambi Group plc ("Kambi") have extended their long-standing sportsbook agreement BetCity will continue to use Kambi's Turnkey Sportsbook, a complete betting solution renowned for its cutting-edge technology and dependability, thanks to this multi-year..

Caesars Entertainment is taking a risk by investing over $1 billion in casino improvements, new food options, and property modifications in an attempt to increase its visibility on the Las Vegas Strip This investment, which covers eight sites, demonstrates the company's dedication to changing with the city's ever-changing tourism scene Caesars..

SharpLink Gaming has taken a significant step into the crypto gaming sector by acquiring a 10% equity stake in UK-based Armchair Enterprises Limited, the operator of CryptoCasinocom The $500,000 deal also grants SharpLink the right of first refusal to purchase a controlling interest in the company This investment aligns with SharpLink’s..

Online casino in the Netherlands Cherry Play has partnered with JACKSNL to expand its selection of games Players may now enjoy Cherry Play's captivating slot games, such as Golden Cherry Jackpot system, Super Coin, and Multi Banks, thanks to this cooperation These games blend contemporary, exciting gameplay with the nostalgia of vintage slot..

In 2025, the Malta Gaming Authority (MGA) plans to improve its regulatory structure with an emphasis on more effective oversight of the online gaming industry Enhancing openness and enhancing interaction with industry stakeholders are the goals of the effort The MGA is shifting to an evidence-driven, outcome-focused paradigm, building on its..

BattleRise: Kingdom of Champions will soon join the Beam network's independent gaming ecosystem, the network has confirmed This is a further step in the game's endeavor to give web3 players a smooth multi-chain experience Beam is one of the networks BattleRise intends to support, though an official integration date has not yet been disclosed..

In its most recent investment round, GamerBoom, an AI-powered game data platform, raised $9 million, increasing its total funding to $11 million The company's mission is strongly supported by this funding, which comes from prominent companies including NVIDIA, Solana, and Bing Ventures GamerBoom is transforming the collection and utilization of..

EstrelaBet has formally received its final license to conduct business in Brazil's regulated iGaming industry, in accordance with the guidelines set forth by Law No 14,790/2023 The approval, which was released in the Official Gazette on Tuesday, attests to the company's compliance with all legal requirements established by the Ministry of..

An ambitious $920 million expansion proposal has been announced by Churchill Downs Incorporated to improve the Kentucky Derby experience over the following four years The 154th Kentucky Derby in 2028 is when the project is expected to be finished, and it will include significant infrastructure upgrades, new seating, and first-rate hospitality..

The attempt by Bain Capital to acquire its multibillion-dollar integrated resort in South Korea, Inspire, has been fiercely resisted by the Mohegan Tribal Gaming Authority The US-based private equity group, which was the major lender to MGE Korea Limited, expedited its mezzanine loan and took over management of the resort's operations Mohegan..

The newest game in Pragmatic Play's live casino lineup is Immersive Roulette Deluxe, which enhances the traditional roulette experience with cutting-edge graphics and dramatic slow-motion replays Our latest edition enhances a fan favorite by providing a more engaging and visually appealing way to enjoy the classic table game Immersive Roulette..

According to trading volume, Bybit, the second-biggest cryptocurrency exchange, has announced investing $1 million in EthicHub The Blockchain for Good Alliance (BGA) is facilitating this finance, which aims to increase smallholder coffee farmers' access to capital EthicHub, a winner at the BGA Web3 Oscar, uses blockchain technology to enable fair..

According to reports, the automated market maker (AMM) being tested by the Solana-based memecoin launchpad Pumpfun may take Raydium's place as the primary decentralized exchange for graded tokens Aggr News, an X-based news aggregator, was the first to notice this development when it discovered a new liquidity pool, ammpumpfun, that was being..