News

Michigan Warns Sportsbooks on Prediction Markets Highlights  The Michigan Gaming Control Board is the latest to join the list of state regulatory bodies opposing sportsbooks entertaining prediction markets. The State’s gambling governing bodies target sportsbook operators venturing into the prediction market.  The Michigan Gaming Control Board recently sent a memo to gambling operators against their …

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UK to Roll Out Online Deposit Limits in October Highlights The UK is set to introduce new online deposit rules to enhance user control over iGaming platforms. The new rules are phased out in two stages. Operators are instructed to amend the first set of changes by the end of October. The UK Gambling Commission …

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Virginia Sports Betting Bounces Back in August Highlights  The current month’s gross revenue from sports betting is $58.3 million. Virginia Wagers receives a payback of $447.3 million.  Consumer spending on sports betting in Virginia saw an increase on both a monthly and yearly basis.  Released reports from the Virginia Lottery show that the sports betting …

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Sports Betting Lifts France GGR by 3.5% in H1 Highlights  The total gambling revenue accounted for €5.7 billion in the first half of 2025. Online betting climbed by 10% reaching €961 million. The gross gaming revenue in France increased by 3.5% year-on-year in H1, totalling €5.7 billion during the first half, driven by the online …

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Spain: Online Gambling Market Hits €410.3 million in Q2 Highlights  The net revenue from online gambling reached €410.3 million in Q2, 2.8% more than Q1 2025. Online casinos are again the primary contributor of online gambling revenue. Spain’s online gambling market revenue increased 18.5 % year-over-year during the second quarter of 2025. The stupendous growth …

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Sweden Redefines Gambling Act Against Illegal Operators Highlights  Sweden is looking to make major reforms to its gambling act in response to the investigator Marcus Isgren’s published report. Finance Markets Minister Niklas Wykman announced the Gambling Act review in February 2025, intending to impose strict restrictions against illegal operators. The Ministry of Finance published investigator …

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REASON BEHIND EUROPE’S iGAMING TAX BURDEN  Highlights  European governments are increasing tax rates on the online gambling sector to boost the economy with high tax funds. The increase in the gambling tax hike has been a new trend across Europe, including regions like the Netherlands, Romania, the Czech Republic, Sweden, Germany, and France. The European …

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Massachusetts Sports Betting Hits $545M in August Highlights  The total amount wagered by Massachusetts consumers reached $545.3 million in August. The Gross Revenue of land-based casinos is $105 million, which is 1.7% higher than the previous year. In August, Massachusetts saw a surge in sports betting activity from its users as it amassed $545.3 million. …

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Experts: Trust, Localisation Key for Brazil KYC Highlights Strict KYC rules pose challenges for operators, especially in Brazil’s newly regulated gambling market. Increasing reliance on third-party KYC suppliers for the smooth functioning of the business and platform. The stringent KYC rules have caused major concern for operators in Brazil since the beginning of the regulated …

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Trade Chief: Norway Gambling Reform Still Alive  Highlights The secretary general of the country’s online gambling trade body remains hopeful of gambling reform despite the election result. State-owned Norsk Tipping scandals have intensified the need for measures of reform. The Secretary General of the Norwegian gaming industry association (NBO), Carl Fredrik Stenstrøm, advocates for gambling …

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Japan Seeks Global Help to Curb Illegal Gambling Highlights  Japan has maintained a strong stance against online gambling, considering it an evil practice to society’s welfare. Japan requested officials from places such as  Canada, Costa Rica, Georgia, Malta, Anjouan, Curacao, the Isle of Man, and Gibraltar to curb illegal gambling. Japan has been showing a …

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500K Danes Seek Support as Gambling Rules Reviewed Highlights  The Danish Government is to adopt a rigid approach to its gambling regulations as 500K are experiencing gambling-related harm. A new rule in focus that prohibits gambling ads from being telecast during high-profile sporting events.  The Danish Ministry of Taxation, Rasmus Stoklund, has urged a tightening …

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Brazil Senator Backs Legalising Land-Based Casino Highlights  Senator Irajá Abreu calls for land-based casino legalisation, stating it could lead to tax revenue benefiting the country. Apart from just taxes, Irajá also claims that this move could have a profound impact on the underperforming tourism sector. Brazilian Senator Irajá Abreu once again favoured legalising land-based casinos, …

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Netherlands: No Tax Change Despite Gambling Revenue Dip Highlights Tax Minister Eugène Heijnen last stated that there won’t be any compensatory policy introduced for the expected decline of gambling revenue. KSA report for August reveals that the new hike will result in the Netherlands incurring a loss of $47 million in iGaming revenue. The country’s …

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AUGUST: NEW JERSEY BREAKS iGAMING REVENUE RECORD Highlights  The total gambling revenue in New Jersey for August accounts $642.2 million. Land-based casinos have witnessed a rise of 6.1% with revenue reaching up to $311.9 million. According to New Jersey Gaming Enforcement reports, the gambling revenue, including iGaming, amounts to $642.2 million, recording a 15.7% year-over-year …

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SPA H1 Data Challenges Politician Gambling Claims Highlights Brazil’s betting regulator, the Secretariat of Prizes and Bets  (SPA), challenges politicians’ mass gambling addiction narrative. SPA has also hinted that such claims could restrict the licensed operators and become detrimental to the growth of the iGaming industry.  In August, the extensive data released from Brazil’s betting …

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KSA Reveals Flaws in Online Gambling Risk Analysis Highlights  The new study from KSA raises concerns over online gambling risk analysis measures. KSA voices its issues regarding variable outcomes of risk analysis across operators. The report from regulator Kansspelautoriteit (KSA) on Friday identified flaws in the risk analysis system used by online gambling operators in …

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August: NY Online Sports Betting Crosses $2B Mark Highlights The total online sports betting handle revenue increased to $2.4 billion in August. This represents a significant year-over-year growth rate of 41.9%. FanDuel retains its top position in New York, reporting a $ 66.9 million out of $561.9 561.9million handle with a hold of 11.91%. According …

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GlüStV TREATY IMPACT ON GERMAN iGAMING MARKET Highlights The State Treaty on Gaming 2021 has played a decisive role in regulating Europe’s rapidly growing gambling market. The GLuStV has led to a significant drop in the overall revenue generated by the iGaming industry, falling to 3.22 billion Euros in the second quarter. The State Treaty …

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ASA Closes Global Gambling Advertising Loophole Highlights  The UK Advertising Standards Authority (ASA) introduces new rules to tighten control on gambling advertisements by operators not based in the UK. Starting on the 1st of September, all gambling operators targeting UK consumers should amend certain regulations in the CAP Code. The UK’s Advertising Standards Authority (ASA) …

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EVOLVING TRENDS THAT RESHAPE THE GLOBAL iGAMING Highlights  Emerging markets across the globe have led to robust revenue growth by operators and regulators. A shift in global gambling laws has resulted in an online gaming boom in several regions.  iGaming is experiencing rapid growth globally, due to a friendly regulatory framework and increased adoption of …

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Virginia: July’s Sports Betting, Handle hit 11-month Low Highlights Virginia Sports betting revenue and handle both fell to an 11-month low, recording figures of $45.6 million and $429.3 million in July. Virginia players received back $379.8 million from winning bets and $3.19 in undisclosed other deductions. Virginia sports betting revenue and handle dip to an …

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An Uncertain Future Awaits Thailand’s Casinos Highlights Thailand’s casinos face a massive blow as Prime Minister Paetongtarn Shinawatra has been dismissed from the country’s Constitutional Court. Political parties have shown a strong opposition to regulating the sector, despite its potential to drive economic growth. The Prime Minister and her father, Thaskin, have advocated for Thailand …

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Korean authorities expose illegal Foreign Exchange Highlights  The Korean Times has reported that 10 people have been apprehended, suspecting their involvement in the illegal transfer of KRW 137bn to the Philippines. As per the Korean law, smuggling gambling-related funds overseas is a serious offence leading to legal penalties. The Korean Customs Service exposed the network …

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North Carolina Sports Betting Hits New Low in July Highlights  The total gross revenue from sports betting was down to $22.7 22.7million, recording an all-time low in July. The total wagering amount spent by the betters was $370.4 million, becoming the second lowest figure. The North Carolina State Lottery Commission data revealed that the sportsbook …

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Arizona lowest monthly sports betting handle since August Highlights  The total revenue generated from sportsbook wagers is $543 million, marking a significant decline of 23.1% from the previous month. The majority of the wagering activity continues to happen online in Arizona. In contrast, retail betting accounts for just $2.6 million. According to reports from the …

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Colombia Gambling funds $225m to Subsidised Health Highlights  Colombia’s Gambling sector contributes COP 883.9bn ($225m) to subsidised health in H1 2025. National Games have experienced a significant annual growth of 26.9% generating COP 566.5bn, with territorial games amounting to COP 317.4 bn. Coljuegos President Marco Emilio Hincapié has confirmed in his statement that Colombia’s Gambling …

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PGCB reported a rise of 11.4% in total gaming revenue for this July Highlights  Pennsylvania Gaming Control Board (PGCB) reported that total gaming revenue reached $557.7 million, marking an increase of 11.4% year-over-year. The growth is driven by iGaming revenue with $228.3 million reflecting a 30.9% increase rate. Pennsylvania Gaming Revenue rose 11.4 % for …

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EURO 2024 Effect: Denmark Gambling Revenue Slips by 17% Highlights According to data from the national regulator, Spillemyndigheden, the total revenue recorded for the month is $91.3 million. According to the latest information, 62,400 individuals have volunteered to exclude themselves from gambling with licensed operators. Licensed Gaming in Denmark has generated revenue of DKK 585 …

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Betting on AI: The Next Big Shift in the Gambling Industry Highlights  Betting Platforms like Kalshi and Polymarket, which promote betting on the performance of AI models, are gaining increasing popularity. The AI prediction market’s trading volume has risen to $20 million this month. Over the recent decade, AI models have increasingly influenced the gambling …

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