Gambling & crypto news
The gambling industry and crypto: regulation, licensing, operators, payments, digital assets and markets — the stories that matter to the business.
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MotorCity Casino seeks default judgment against rapper Offset over unpaid $100,000 credit line
MotorCity Casino Hotel has moved for a default judgment against rapper Offset after his lawyers missed the deadline to respond to a suit over an unpaid $100,000 casino marker. No final judgment has been entered.GamblingGamblingNewsPhoto: © GamblingNews
Greece opens investigation into 18 influencers accused of promoting illegal gambling sites
Greek authorities are investigating 18 social media influencers, including teenagers, for promoting unlicensed gambling. Fines of €5,000 to €50,000 are possible, and the Hellenic Gaming Commission has expanded its staff to 110.GamblingGamblingNewsSportradar sells Atrium Sports to Teamwork Innovations for $170m in cash
Sportradar has agreed to sell Atrium Sports, the coaching and scouting arm of its Synergy Sports subsidiary, to Teamwork Innovations for $170m. The company says the move sharpens its focus on betting, gaming and media.GamblingSBC NewsPhoto: © GamblingNews
Powerball jackpot passes $500 million to reach $516M after no top-prize winner on October 7
No ticket matched all six numbers in the October 7 Powerball drawing, so the jackpot has grown to an estimated $516 million. Three players won $100,000 each with Power Play, and no Match 5 prize was awarded.GamblingGamblingNewsThailand's Digital Economy Ministry plans platform cooperation to curb illegal online gambling
Thailand's Ministry of Digital Economy met public health bodies to set a four-pillar strategy against illegal online gambling, including direct cooperation with social media and search platforms and public reporting channels.GamblingSBC NewsPhoto: © iGaming Business
UK Tote Group names James Coxon CEO and refocuses on World Pool horse racing betting
The UK Tote Group has appointed James Coxon to succeed Alex Frost as chief executive at the end of the year. The company will prioritise pool betting and scale back its direct online consumer business, with job cuts in its digital division.GamblingiGaming BusinessPhoto: © SBC News
FEG CEO Dieter John: Group Positions Itself as Natural Consolidator in CEE Gambling Markets
Fortuna Entertainment Group CEO Dieter John says tighter regulation and taxation will drive consolidation in Central and Eastern Europe, and that FEG's M&A record, Penta backing and new leadership team make it the natural buyer.GamblingSBC NewsSBC Summit Europe to focus on regulated markets at RAI Amsterdam in April 2027
SBC Summit Europe will run at RAI Amsterdam from 19 to 21 April 2027, targeting more than 3,000 operator representatives and stronger regulator participation, with a programme centred on licensed European markets.GamblingSBC NewsPhoto: © GamblingNews
Bank of America upgrades DraftKings to Buy on prediction market potential; shares rise about 5%
Bank of America raised DraftKings from Neutral to Buy, citing prediction markets, and kept a $27 price target. Shares rose about 5%, though they have fallen roughly 47% since the Railbird acquisition a year ago.GamblingGamblingNewsBrazil's Attorney General asks Supreme Court to hear PGR before ruling on challenges to Lula's gambling ban
Attorney General Jorge Messias wants the Supreme Court to hold a meeting with the PGR before deciding on industry requests to suspend President Lula's provisional measure banning gambling. The AGU calls the sector's proposals unsubstantiated.GamblingSBC NewsPhoto: © GamblingNews
US lawmakers press FanDuel for details on personalized celebrity videos sent to VIP customers
Sen. Richard Blumenthal, Rep. Paul Tonko and Rep. Valerie Foushee have sent FanDuel a second letter seeking copies of VIP celebrity videos and an explanation of how recipients were chosen. The operator has until October 20 to respond.GamblingGamblingNewsPhoto: © GamblingNews
Jackson Council Delays Vote on $111,000 Land Deal for Proposed Pearl River Resort
Jackson City Council has postponed a decision on an option agreement with LeFleur Development for 93 acres of city land. The site could host a resort worth up to $1 billion, possibly a casino, but state law would need to change first.GamblingGamblingNewsPhoto: © GamblingNews
6th Circuit sides with Tennessee and Ohio in Kalshi dispute over state gambling laws
The 6th US Circuit Court of Appeals ruled on September 25 that Tennessee and Ohio may keep applying state gambling laws to Kalshi, deepening the national split over whether sports event contracts are federally regulated swaps.GamblingGamblingNewsPhoto: © GamblingNews
Mohegan Sun dealer Emely Pascual-Alvarez wins second G2E Dealer Championship in Las Vegas
Emely Pascual-Alvarez of Mohegan Sun won the second annual G2E Dealer Championship at the Global Gaming Expo in Las Vegas, taking a $5,000 prize after competing in blackjack and roulette against about 50 dealers.GamblingGamblingNewsPhoto: © iGaming Business
Nevada Gaming Control Board eyes 1 October 2027 start for consolidated technical standards
The Nevada Gaming Control Board reviewed ten revised technical standards for gaming equipment and systems and reposted them for comment until 15 November. The proposed adoption date remains 1 October 2027.GamblingiGaming BusinessPhoto: © GamblingNews
Hacksaw Gaming brings Smokey back as a vampire in Halloween-timed slot Le Vampire
Hacksaw Gaming released Le Vampire on October 1, a cluster-pay slot starring its recurring raccoon character Smokey. It offers a 15,000x maximum win and three free spins variants.GamblingGamblingNewsPhoto: © GamblingNews
Brazil's Attorney General tells Supreme Court operators have no right to compensation over gambling ban
Attorney General Jorge Messias has urged the Supreme Court to reject operator challenges to Provisional Measure 1,394/2026, arguing licence holders are owed no compensation or refund of their 30 million reais fees.GamblingGamblingNewsPhoto: © GamblingNews
ProPublica Reporter Tests DraftKings' Problem Gambling Safeguards and Finds Limited Intervention
A ProPublica reporter opened a DraftKings account and mimicked problem gambling behavior, finding few safeguards were triggered and VIP offers continued. The report adds to scrutiny of how US operators handle at-risk customers.GamblingGamblingNewsPhoto: © GamblingNews
Finland bans Estonian operator MagicPoro from targeting local players, with a EUR 1.2m conditional fine
Finland's National Police Board has prohibited Estonia-licensed MagicPoro from marketing to Finnish players and set a EUR 1.2 million conditional fine. It is the first such order since the country's new gaming law was passed.GamblingGamblingNewsPhoto: © SBC News
Kaizen Gaming renews Betano's UEFA partnership to cover Euro 2028
Kaizen Gaming has extended Betano's sponsorship with UEFA so the sportsbook brand will be an official sponsor of UEFA Euro 2028, to be held in England, Scotland, Wales and Ireland from 9 June to 9 July 2028.GamblingSBC NewsPhoto: © iGaming Business
New Zealand online casino policy could direct up to NZ$20m a year to community funding
New Zealand's Online Casino Gambling Bill would ring-fence 4% of operator GGR for grassroots groups via the Lottery Grants Board, with officials estimating NZ$10m to NZ$20m annually from 1 January 2027.GamblingiGaming BusinessPhoto: © iGaming Business
Flutter's Richard Clarke: scale favours big UK operators, but the black market is the bigger risk
At SBC Summit in Lisbon, Flutter's Richard Clarke said the UK remote gaming tax rise to 40% will cost around £500m from next year. He warned that growth of the unlicensed market is a greater threat than the tax itself.GamblingiGaming BusinessNorthern Ireland to review 2022 gambling reform in 2027, minister says
Communities Minister Gordon Lyons has confirmed a comprehensive review of the Betting, Gaming, Lotteries and Amusements Amendment Act 2022 next year. He made no promise of new reforms, leaving that to a future Minister.GamblingSBC NewsPhoto: © GamblingNews
Macquarie lifts 2026 prediction market taker volume forecast to $190bn, citing regulation as main risk
Macquarie has raised its 2026 forecast for prediction market taker volume to $190 billion from $169 billion, against $22 billion in 2025. The firm sees sports contracts at about 80% of activity and regulation as the biggest threat.GamblingGamblingNews