The Venetian Resort Las Vegas has agreed to pay a $7.2 million penalty to Nevada gaming regulators over compliance failures connected to convicted illegal bookmaker Mathew Bowyer and his gambling activity at the Strip property. The settlement, which still requires approval from the Nevada Gaming Commission, follows a four-count complaint filed by the Nevada Gaming Control Board […]

Several major Wall Street banks have introduced or updated internal rules governing employee participation in prediction markets as concerns grow over potential conflicts of interest and the misuse of confidential information. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America have all taken steps to address employee activity involving event-based contracts offered by platforms such as […]

ZEAL Network SE has agreed to acquire the remaining shares in UK digital prize draw operator SevenCanyon Limited, marking the German online lottery company’s entry into one of Europe’s largest markets for digital prize draw products. The transaction will see ZEAL take control of 96.5% of SevenCanyon, with the company already holding a 3.5% stake. […]

Australian authorities have launched a new cross-sector initiative to investigate and disrupt a growing scam involving fraudulent online gambling platforms that imitate legitimate betting services while withholding funds from users. The National Anti-Scam Centre, which operates under the Australian Competition and Consumer Commission (ACCC), has established a dedicated fusion cell to address the issue, commonly […]

A federal court in New York has handed prediction market operator Kalshi a significant legal setback, ruling that the company is not entitled to preliminary relief from state gambling enforcement while its broader lawsuit continues. The decision came from Judge Analisa Torres of the U.S. District Court for the Southern District of New York. Torres, […]

MERKUR Casino UK has completed the acquisition of Victoria Gate Casino in Leeds, adding another major venue to its growing UK land-based gaming portfolio. The company confirmed that the takeover will preserve existing jobs at the casino as the venue moves under new ownership. Located within the Victoria Gate leisure and retail complex in Leeds […]

The British Horseracing Authority (BHA) has criticised the Gambling Commission’s decision to introduce Financial Risk Assessments for online gamblers, warning that the policy could create serious financial consequences for British racing and raise concerns about customer privacy. The regulator confirmed that affordability-related checks will be introduced through a phased approach aimed at identifying and supporting higher-spending customers […]

FanDuel is preparing to enter Alberta’s regulated online gaming market on July 13, pending regulatory approval, bringing its Casino and Sportsbook products to players in the province while outlining community initiatives and new partnerships connected to the launch. The company said its Alberta expansion forms part of a broader commitment to responsible gaming, local engagement […]

Konami Gaming, Inc., the gaming and systems division of Konami Group Corporation, has submitted license applications to Japan’s Casino Regulatory Commission (JCRC), becoming the first casino equipment manufacturer to file applications under the country’s emerging integrated resort regulatory framework. The company said it had submitted applications across all applicable manufacturer licensing categories, marking an early step […]

A Swedish administrative court has upheld enforcement actions taken against three gambling operators after determining that they committed serious breaches of anti-money laundering regulations through inadequate customer due diligence procedures. The ruling supports decisions previously issued by Sweden’s gambling regulator, Spelinspektionen, against Betsson Nordic Ltd, Snabbare Ltd and Spooniker Ltd. Following a review of the […]