The well-known financial services company Robinhood has consented to pay $45 million to resolve allegations against it from the US Securities and Exchange Commission (SEC) Allegations of violations of various securities regulations by Robinhood Securities LLC and Robinhood Financial LLC are addressed in the settlement Key Violations Highlighted..

The US Court of Appeals for the Third Circuit has partially sided with Coinbase in its lawsuit against the Securities and Exchange Commission (SEC), marking a significant legal breakthrough According to Coinbase's Chief Legal Officer, Paul Grewal, the court declared that the SEC's rejection of Coinbase's 2022 petition for rulemaking on..

Kansas Lottery's financial results for December 2024 reveal a notable dip in both sports betting and casino gaming revenues While total settled wagers for sports betting saw a modest increase, revenues in both segments fell significantly, highlighting the challenges faced by the state’s gambling market Sports Betting Revenue Takes a..

In December 2024, the gaming industry in Missouri recorded $1648 million in income, with Ameristar St Charles continuing to be the biggest earner in the state However, the Missouri Gaming Commission claims that this number represents a 3% decline in adjusted gross revenue (AGR) from December 2023 The state's AGR for the current fiscal year is..

Indian Railways plans to improve the MahaKumbh Mela experience by offering train tickets based on non-fungible tokens (NFT) Millions of pilgrims will now be able to travel more easily and digitally thanks to blockchain technology during this ancient Hindu event, which is observed only every 144 years Chaincode Consulting and the Indian Railway..

The Philippine government has stepped up its attempts to prevent illegal offshore gaming In order to ensure compliance with a statewide ban on Philippine Offshore Gaming Operators (POGOs), local officials are now required to conduct detailed inspections of company establishments President Ferdinand Marcos Jr issued an executive order banning..

FanDuel is prepared to launch its eagerly awaited "Kick of Destiny" campaign once more as the NFL playoffs get underway But this year, Eli and Peyton Manning take center stage instead of Rob Gronkowski The campaign is anticipated to generate a great deal of sports betting activity, as in past years, as fans eagerly await the Mannings' attempt to..

According to Minister of Home Affairs K Shanmugam, the Singaporean government has stepped up its efforts to stop unlawful internet gambling by shutting more than 3,800 websites This action is a component of the city-state's larger plan to deal with the escalating problem of illegal gambling Blocking Measures Yield Results According to The..

To improve accountability and transparency in the state's gambling sector, the New Jersey Division of Gaming Enforcement (DGE) is debating new regulations Under the proposed amendments, gaming operators would have to report any subpoenas they receive from other jurisdictions as well as any activity they engage in outside of New Jersey The goal of..

Thailand is taking steps toward legalizing gambling and casinos as part of an effort to boost tourism, attract investment, and create jobs The country’s Prime Minister, Paetongtarn Shinawatra, announced that the cabinet has approved a draft law, which will now move to parliament for further discussion The proposed law aims to allow gambling..

Leading analytics company Glassnode has identified a noteworthy clue that suggests Bitcoin (BTC) might be approaching a turning point The company is keeping a careful eye on the short-term holder (STH) cost basis of Bitcoin, which is a measure of the average price paid by investors who have held the cryptocurrency for fewer than 155..

Several hotel and resort operators in Las Vegas are providing assistance to those displaced by the Southern California wildfires Resorts World, Fontainebleau, Treasure Island, South Point, and Virgin Hotels have started offering discounted room rates for evacuees seeking refuge in the area, according to a report in the Las Vegas..

Betfred has officially ceased operations in Nevada, marking another step in the company’s retreat from the US market Pennsylvania is now the only state where Betfred remains active, reflecting a significant reduction in its US footprint Back in September 2023, Betfred was operational in ten states across the country However, by the end of..

A recent report by the Department of Trust (DoT) sheds light on the spending habits of UK gamblers and how gambling fits into their overall leisure budgets The analysis, based on bank transaction data from over 300,000 consumers, highlights trends in gambling expenditure and its relationship to other activities like food delivery and media..

The Illinois Gaming Board has released its casino revenue data for December, showing another strong month for the state’s gambling industry Combined revenue from slots and table games across all casinos in Illinois reached nearly $1571 million Of that total, slot machines generated $1177 million, while table games contributed $394..

Bet365 experienced a turnaround in its fiscal year 2023-2024, regaining profitability as revenue grew and its footprint expanded in the United States The company’s financial filing highlighted key developments, including growth in sports betting and strategic investments in new markets Revenue Growth and Profitability For the year ending March..

Plans for a $12 billion hotel and casino complex in Midtown Manhattan by Wynn Resorts and Related Companies hit a roadblock as Community Board 4, which oversees the Hudson Yards neighborhood, unanimously opposed the proposal on January 6 Although the board’s vote is only advisory, it signals strong local resistance to the project The proposed..

Backpack Exchange, a global cryptocurrency exchange, has finalized the acquisition of FTX EU, the former European branch of FTX This move, approved by both the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), positions Backpack as a leading regulated crypto exchange in the European market Bringing Regulated Crypto..

Revolut, a leading digital banking platform based in the UK, is stepping into decentralized finance by partnering with the Pyth Network This move enables Revolut to share its price data with the blockchain-based oracle platform, further integrating traditional finance with the expanding DeFi ecosystem The collaboration positions Revolut as a..

Maryland Lottery and Gaming recently released data showing a slight drop in casino gaming revenue for December 2024 The state’s six casinos collectively brought in $1641 million, reflecting a decrease of more than $15 million compared to December 2023 Contributions to the state from casino gaming reached just over $698 million, marking a..