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MGM Reports Strong Q2 2026 on Digital Growth and Las Vegas Strip Performance
MGM's second-quarter results show consolidated revenue of $4.5 billion, driven by digital expansion and Las Vegas Strip strength, though regional casino performance declined.
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Anonymous High Roller Sues SkyCity Over Failed Gambling Protections
A former SkyCity Auckland VIP customer who wagered nearly NZ$500 million over three years is pursuing legal action while seeking to conceal his identity, citing potential harm to his family and cultural shame.
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Rush Street Interactive Files for Prediction Markets License While Maintaining Casino-First Strategy
Rush Street Interactive filed for a Designated Contract Market license in May but says it won't prioritize sports event contracts, signaling its focus remains on iGaming revenue.
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Churchill Downs Confirms Strategic Review of Regional Casino Portfolio
The racetrack operator disclosed it is exploring the sale of nine regional gaming properties across eight states, marking a significant shift toward higher-margin assets.
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Federal Appeals Court Revives Antitrust Lawsuit Against Major New Jersey Casinos Over AI Pricing
A US appeals court has allowed an antitrust case against major casino operators to proceed, alleging they used shared AI algorithms to inflate hotel room prices in New Jersey.
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New Jersey Casinos Push Federal Regulators to Restrict Sports Prediction Markets
New Jersey's casino association has asked the CFTC to ban prediction market platforms like Kalshi and Polymarket from offering sports-related contracts, arguing they undermine state-regulated betting markets.
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Hacksaw Gaming Launches Marlin Masters OG With 7,500x Max Win and Tiered Bonus Rounds
Hacksaw Gaming has released Marlin Masters OG, a fishing-themed slot with three distinct free spin modes and a maximum payout of 7,500x the bet across multiple RTP configurations.
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Massachusetts Lottery Goes Online for First Time Since 1972 Launch
The Massachusetts Lottery launched its first-ever online platform on July 27, 2026, powered by Aristocrat Interactive, offering draw games and eInstant games through a dedicated app and website.
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Italian Authorities Shut Down Illegal Betting Centers, Seize Unregistered Terminals
Italian customs and gambling regulator ADM shut down two unlicensed betting collection centers in Sicily, seizing computer terminals that bypassed national gaming levy requirements and levying fines exceeding €20,000.
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Morgan Stanley Cuts DraftKings Price Target on Prediction Market Spending Plans
Morgan Stanley analyst Stephen Grambling lowered his price target on DraftKings to $36 from $39, citing the operator's substantial spending on prediction market expansion and weaker-than-expected second-quarter earnings.
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Florida Lottery Reports Three Seven-Figure Winners from April Draw Period
The Florida Lottery has released details on its biggest April winners, including a $5 million Crossword Cash prize and two additional seven-figure payouts across scratch-off games.
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New York Public Remains Split on Sports Betting Despite Growing Market Revenue
A Siena poll shows 40% of New Yorkers view online sports betting negatively versus just over 20% positively, even as the state generates over $1 billion in annual tax revenue and participation reaches 25% of residents.
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Macquarie Projects Prediction Market Volume to Hit $1.5 Trillion by 2030
Investment bank Macquarie forecasts prediction market turnover will reach $1.5 trillion by 2030, potentially generating $50 billion in annual industry revenue as competition intensifies among sportsbooks and financial platforms.
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Federal Judge Approves $3M Settlement for F1 Las Vegas Grand Prix Fan Ejections
A Nevada federal judge has granted preliminary approval for a $3 million settlement compensating roughly 32,000 ticketholders ejected during the 2023 Las Vegas Formula 1 practice session, stemming from a loose drain cover incident.
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China's World Cup Betting Surge Masks Deeper Market Realities and Soccer Ambitions
Chinese bettors wagered US$11.6 billion through legal channels during the 2026 World Cup despite their national team's absence, but the figure likely understates actual gambling activity.
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Hey Seven Secures Seed Funding to Scale AI-Powered Player Development
Hey Seven announced seed investment from Bettor Capital to expand its AI-native player development platform across land-based, online, and omnichannel gaming operators.
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Mega Millions Jackpot Approaches $800M After Two Match 5 Winners Emerge
The Mega Millions lottery jackpot continues to climb toward $800 million after no top-prize winner in Tuesday's drawing, though two players secured seven-figure Match 5 prizes.
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Alberta's First Week Generates 3.2M Geolocation Checks as 100K+ Residents Register
GeoComply reported over 3.2 million geolocation compliance checks across Alberta's newly regulated iGaming market in its opening week, with World Cup finals driving peak engagement.
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Greentube Launches in Alberta as Canadian iGaming Market Expands Beyond Ontario
NOVOMATIC's digital gaming division has entered Alberta's newly regulated iGaming market, marking the second Canadian province to break from monopoly-based gambling models.
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DraftKings Launches Proprietary Prediction Market Exchange DKeX Amid Surging Volume
DraftKings rolled out its internal prediction markets exchange, DKeX, capturing $3.4 billion in annualized customer volume in its debut week as the operator integrates the platform into its Super App.
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Kalshi Valuation Surge Could Push Trump Jr Stake Toward Billion-Dollar Territory
Donald Trump Jr's $300,000 equity stake in prediction market Kalshi has appreciated dramatically as the company's valuation climbed from $2 billion to $22 billion in under 18 months.
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Australia's Illegal Gambling Crackdown Hits 1,750+ Domains as Operators Launch Mirror Sites
The ACMA has banned 12 additional illegal gambling websites, bringing its total enforcement count to 1,751 suspended domains. Operators continue adapting by launching mirror sites and recruiting influencers to circumvent Australian restrictions.
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Alberta iGaming Market Poised for July 13 Launch with 46 Operators Registered
Alberta's regulated online gaming market is set to go live July 13 with 46 operators registered and 50 brands total, down slightly from earlier projections but exceeding government expectations.
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Country Star Bailey Zimmerman Settles $16K Casino Damage Case After Public Apology
Bailey Zimmerman apologized to the Pueblo of Sandia and cancelled his performance after causing $16,000 in damages to a tribal casino hotel suite while intoxicated. Prosecutors dropped charges after he agreed to pay restitution.
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Dutch gambling tax hikes yield less than 5% of forecast revenue as market shrinks
The Netherlands' two-phase gambling tax increase from 2025-2026 generated only 59 million euros against a forecast of 324 million, as player protections and advertising bans compressed the taxable market.
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EU pushes unified 1% gambling tax as part of 2028-2034 budget framework
The European Parliament is advancing a proposed 1% levy on online gambling to fund EU social programs and combat illegal operators, with formal agreement targeted for end of 2026.
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The 13 Palace Attempts Resurrection in Macau After $1.4B Bankruptcy
Stephen Hung's failed ultra-luxury casino hotel, which cost $1.4 billion and went bankrupt, has been rebranded and relaunched under new ownership. Success may hinge on securing a gaming partnership with one of Macau's six licensed operators.
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Massachusetts Gaming Commission Fines MGM Springfield $25,000 for Illegal College Sports Betting
The MGC penalized MGM Springfield for offering bets on a Northeastern University baseball game in April 2025, violating state law that prohibits college sports wagering except during national tournaments.
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Nevada Gaming Commission Weighs Removal of Deceased Mobsters From Black Book
The Nevada Gaming Commission is reviewing whether to remove two deceased Kansas City mob figures from its List of Excluded Persons, following standard protocol for individuals who have died.
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