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From Crypto to Betting Ads: The Financial Rescue Plan for Italian Football
New pressure is mounting in Italy for the government to repeal the ban on betting advertising in Italian sports and allocate a percentage of revenue to event organizers. The Minister of Sport and Youth, Andrea Abodi is
Victoria Gambling Commission’s Underage Gambling Crackdown Continues
The Victoria Gambling and Casino Control Commission has successfully prosecuted its third venue this year for breaching rules and regulations surrounding underage gambling. On 10 June 2023, a child entered the Peninsula
Slots Lead, Baccarat Booms: Inside Nevada’s Latest Gaming Revenue Report
The Nevada gaming industry started the year strongly, reporting a total gaming win of $1.44 billion in January, up 12.54 percent year-over-year from 2024 when it was $1.28 billion. On a rolling twelve-month basis,
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal
The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Sports events, offered
UK Government Confirms Online Slot Stake Limits and New Gambling Levy Dates
The United Kingdom government has announced the date the upcoming online slot stake limits and the new statutory levy will come into effect. The announcement was made by the Department for Culture, Media and Sport
DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future
Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,
ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino
Penn Entertainment has announced revenue of $1.67 billion for the fourth quarter of 2024, an increase from $1.395 billion in the same quarter of 2024. The company has placed significant emphasis on ESPN Bet, its sports
Crypto Casino-Backed PointsBet Faces Competing Buyout Bids
Australian betting operator PointsBet is the target of competing takeover bids from MIXI Inc., and BlueBet. Reports suggest that the board favors MIXI’s offer. The MIXI bid is valued at AU$353 million and offers
Gambling Ads on College Campuses Under Fire in Connecticut’s Proposed Legislation
Connecticut lawmakers have submitted a bill seeking to restrict gambling-related advertisements across public higher education institutions. Committee Bill 5271, introduced by the House General Law Committee, is titled
Spain’s Gambling Regulator DGOJ Tackles Identity Theft, Is Blockchain the Answer?
The Spanish Directorate General for the Regulation of Gambling (DGOJ) has commenced discussions with licensed operators in the country to discuss the growing problem of identity theft in online gambling. Following the