Gambling News - Page 4

A startup crypto casino, how did it skyrocket its game offerings from 15 to 1500 in four years, and its annual revenue from over 100 million dollars to nearly 4.7 billion dollars?

Lawsuit Background and Core AllegationsThis class action has seven named plaintiffs and thousands of potential members, seeking to recover losses on the platform, and if successful, they could receive triple damages.

Bank of America recently issued a warning, stating that the rapid expansion of prediction markets and online sports betting could pose new financial risks, especially affecting young men and low-income consumers more significantly.

Unlicensed Website Risk WarningThe MGA emphasizes that these unauthorized platforms do not adhere to the strict standards that ensure player safety, fair gaming, and responsible gambling. Players patronizing these sites not only miss out on legal consumer protection but may also face fraud and financial losses, as they are not under Maltese jurisdiction. The Authority also provides a public registry of licensed operators for easy verification.

Natasha Giggs later said she chased United hero Ryan to escape her "boring" life with his brother Rhodri But the expensive £150,000 super injunction came out when Lib Dem MP John Hemming used Parliamentary privilege to name him in the House of Commons.

The stunning wife of a Serie A star says the burglars who broke into their home while their children were present will get what's coming to them.

Missouri will officially launch legal sports betting on December 1st, but Underdog, originally highly anticipated, withdrew its operating license application at the last minute, shifting its focus to the less regulated prediction market.

H2 Gambling Capital's latest analysis shows that the planned gambling tax increase in the UK may only bring about an additional £800 million in tax revenue, which is less than half of the Treasury's expected £1.6 billion

South Africa's Treasury has recently proposed a significant draft, planning to impose a 20% national tax on the total revenue of online gambling, which would bring the total tax rate for online operators to 26% to 29%, a considerable move. Although physical casinos currently only pay a provincial tax of 6%-9%, online business has grown rapidly

Rush Street Gaming’s subsidiary, Rivers Enterprise, has completed the capital restructuring of the Rivers Casino in Pittsburgh, fully taking over ownership and operational control of the property at an enterprise valuation of $991 million. This transaction marks the casino’s transition from a multi-party joint venture structure to sole ownership under the Rivers brand.

The UK government announced a major increase in gambling tax rates in its Autumn Budget, raising the Remote Gaming Duty from the current 21% to 40% starting in April 2026. In addition, a new Remote Betting Duty set at 25% will be introduced in April 2027. The government expects these measures to generate an additional £1.1 billion in tax revenue by the 2029–30 fiscal year.

More than 40 Canadian senators have jointly written to Prime Minister Mark Carney, calling for a nationwide ban on sports betting advertising. In their November 13 letter, the senators compared such ads to tobacco advertising, arguing that they have become a public health issue affecting Canadians of all ages.