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South Carolina Resident Sues DraftKings, Polymarket Under 1710 Statute Over Prediction Markets
A Charleston County man is using colonial-era gambling law to challenge prediction market operators, claiming they illegally rebrand sports betting as federally regulated financial derivatives.
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Mega Millions Jackpot Resets to $60M Following Recent $800M Win
The Friday Mega Millions drawing produced no jackpot winner, with three players taking home $20,000 each after a quieter-than-usual competition following the previous week's $800 million win.
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Reuters Exposes Massive Iranian Gambling Network Processing Billions via Cryptocurrency
A Reuters investigation has uncovered a complex operation involving over 2,000 gambling websites allegedly funneling billions of dollars through an unlicensed Dubai-based cryptocurrency exchange to circumvent international sanctions.
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Flutter Entertainment completes London Stock Exchange delisting after 30 years
Flutter Entertainment has officially concluded its delisting from the London Stock Exchange, with shares cancelled effective August 3. The move ends the Irish-American gambling multinational's three-decade tenure as a publicly listed company on the LSE.
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South Carolina Lawsuit Intensifies Legal Pressure on Prediction Market Operators
A South Carolina attorney has filed suit against DraftKings and Polymarket, claiming they operate illegal gambling products. The action adds to mounting regulatory challenges facing the prediction markets sector nationwide.
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VICI and Caesars partner on potential Las Vegas NBA arena development
VICI Properties and Caesars Entertainment are collaborating on plans for a Las Vegas NBA arena, leveraging 40+ acres of Strip land owned by the REIT and operated by the casino operator.
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Relax Gaming Launches Money Plane Arcade Game Within Money Train Universe
Relax Gaming has released Money Plane, an arcade-style title set in the Money Train franchise universe, featuring adjustable volatility and interactive power-up mechanics.
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New Zealand Sets Strict Advertising Rules for Licensed Online Casinos Ahead of 2027 Launch
New Zealand's Department of Internal Affairs has released comprehensive advertising guidance for licensed iGaming operators, banning luck-based messaging, personal endorsements, and targeting of young audiences.
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UK Prize Draws Sector Transforms as Compliance Standards Reshape M&A Landscape
The UK prize draws sector is experiencing rapid institutional maturation through the Voluntary Code of Good Practice and the launch of the Prize Competition Council, fundamentally altering how buyers approach acquisitions and valuations.
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Churchill Downs to Divest Nine Regional Casinos Through Individual Sales
Churchill Downs announced plans to sell nine regional casino properties individually or in small groups rather than as one large transaction, disappointing some investors but reflecting management's disciplined approach to asset disposition.
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DraftKings Survives Damages Claims in California Daily Fantasy Sports Lawsuit
A federal judge dismissed monetary recovery claims against DraftKings in a California daily fantasy sports case, but allowed injunction proceedings to move forward that could ban the company's paid contests.
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Binance.US Eyes August CFTC Filing for Prediction Markets License
Binance.US plans to apply for Designated Contract Market status next month to launch regulated prediction markets in the United States, marking a potential strategic pivot for the embattled crypto exchange.
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Ontario Sports Betting Surges Past $1B in June as World Cup Fuels Counter-Seasonal Spike
The 2026 FIFA World Cup drove Ontario's June sports betting handle to $1.033 billion, marking the eighth time in 12 months the province crossed the $1B threshold despite traditional summer slowdown.
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UK Gambling Commission Warns of AI-Driven Fraud and Crypto Risks in Latest ML/TF Assessment
The UKGC has identified artificial intelligence and cryptocurrency as emerging threats to the sector's integrity, as unlicensed operators increasingly facilitate money laundering and organized crime.
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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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