With a gross gaming revenue (GGR) of €1234 billion ($1335 billion) in 2024—a 5% rise from the year before—the European gambling industry saw tremendous expansion The European Gaming and Betting Association (EGBA) and H2 Gambling Capital collaborated to produce the most recent market report, which contains this data Online Gambling Gains..

With reference to its newly launched sports betting prediction market, Massachusetts has filed a subpoena against Robinhood This most recent development opens a new chapter in the ongoing discussion about US prediction market regulation In collaboration with Kalshi, Robinhood, a company renowned for upending the financial services industry,..

The four teams participating in the Counter-Strike 2 (CS2) playoffs have been announced by the Skyesports Pro League This tournament is an official Valve Tier 2 ranked event with a prize pool of INR 15 lakhs Flashback Gaming, Griffin Esports, Victores Sumos, and Gods Reign were the main contenders after intense competition through open..

Rep Dina Titus (D-Nev) has once again introduced legislation to repeal the federal excise tax on sports betting Working alongside Rep Guy Reschenthaler (R-Pa), Titus has refiled the Discriminatory Gaming Tax Repeal Act in the House of Representatives The bill aims to remove the 025% excise tax, also known as the “handle tax,” imposed on all..

To improve customer safety, Kalshi has launched a "Consumer Protection Hub," CEO Tarek Mansour said in an X post Among the capabilities available on this new platform are "Deposit Caps, Trading Breaks, and Voluntary Opt-outs" These functionalities will support the platform's regulatory and "market surveillance team," Mansour emphasized The..

Steve Wynn's bid to have a 2018 defamation case against the Associated Press (AP) and a reporter from Las Vegas overturned by the US Supreme Court was denied The justices essentially upheld earlier court rulings when they refused to consider the former CEO of Wynn Resorts' attempt to dispute the case The goal of Wynn's legal team was to..

The Entertainment Complex Bill, which would legalize up to five casino resorts nationwide, has been passed by the Thai government The bill's supporters contend that it might boost the nation's post-Covid economy, generate billions in investments, and create jobs Approximately 12% of Thailand's GDP, or 172 billion baht ($471 billion), came from..

As US laws loosen under President Donald Trump's administration, Ripple CEO Brad Garlinghouse expects a significant increase in the usage of cryptocurrencies Garlinghouse described how less regulatory pressure is paving the way for the crypto industry to flourish significantly in a recent interview with Fox Business Garlinghouse underlined that..

The author of the international bestseller Rich Dad Poor Dad, Robert Kiyosaki, has strongly cautioned against the mentality that he feels prevents people from achieving their full financial potential He used the social media site X on March 23 to highlight how many individuals continue to live in poverty due in large part to their "Fear of Making..

On March 24, OKX Web3 product manager Kyle Chen prematurely announced the availability of the platform’s standalone wallet app on the Google Play Store However, shortly after, he issued an apology, admitting the announcement came “too early” In a social media post, Chen explained that the app is not yet accessible in certain regions and on..

Large entertainment complexes with casino gaming floors are becoming more and more popular in Thailand A recent survey, however, indicates that public hesitancy persists 1,000 Thai individuals over the age of 18 were polled for a Nida poll from March 18 to 20, which revealed worries about organized crime, gambling-related issues, and dubious..

With a strong emphasis on customizing the experience for the local market, Wynn Resorts Ltd is making great strides on its Wynn Al Marjan Island casino resort in Ras Al Khaimah, United Arab Emirates The facility will have 1,500 accommodations, more than 25 dining options, and a large gaming floor, according to Craig Billings, CEO of Wynn Resorts..

According to a recent study commissioned by the Gambling Regulatory Authority of Ireland (GRAI), the harm caused by gambling in Ireland is significantly more serious than previously thought According to research from the Economic and Social Research Institute (ESRI), 31% of people are seriously harmed by gambling, and another 7% are moderately..

Resorts World Las Vegas and its affiliates have reached a settlement with the Nevada Gaming Control Board, agreeing to pay a $105 million fine This penalty addresses regulatory failures related to the casino’s anti-money-laundering (AML) program, which allowed convicted felons and individuals with links to illegal gambling to wager at the..

Paddy Power co-founder Stewart Kenny has expressed doubts about the efficacy of the UK's new laws governing online slots In a BBC Radio 4 broadcast, Kenny stressed that although stake limitations are a positive development, they go short in protecting players who are more susceptible The government will impose a £5 per spin cap for players..

Illinois lawmakers are thinking of legalizing online poker and casinos in order to raise money in the face of a projected $32 billion budget shortfall in 2026 According to Governor JB Pritzker, the project may boost the state's budget by almost $1 billion a year Rep Edgar Gonzalez Jr presented the bill in February under the name HB3080 The bill..

Tether is in discussions with a Big Four accounting firm to conduct an audit of its USDT reserves, according to CEO Paolo Ardoino While the company has not disclosed which firm it is working with, the potential audit would mark a major step in verifying its dollar-pegged stablecoin’s backing Reuters reported on March 21, 2025, that Ardoino..

Lawmakers in Arkansas are moving forward with plans to legalize iGaming for the state's three land-based casinos while aiming to ban online sweepstakes casinos The proposed legislation, SB524 and HB1861, introduced by Senator Dave Wallace and Representative Matt Duffield, seeks to establish the Interactive Gaming Act If approved, it would allow..

A recent survey conducted by Coinbase and strategy firm EY-Parthenon shows a strong appetite for digital asset investments among institutional investors The poll gathered insights from 352 decision-makers, highlighting their increasing interest in cryptocurrencies In 2024, 85% of respondents expanded their allocations to digital assets, and a..

Addressing attendees via video feed, Donald Trump laid out his ambitious vision for America’s dominance in the digital asset space He firmly stated, “Together we will make America, the undisputed bitcoin superpower and the crypto capital of the world” Trump emphasized the White House Digital Asset Summit, where White House AI and Crypto..