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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
Lottery.com Merger Fraud? SEC and FBI Crack Down on Ex-CEO Vadim Komissarov
Vadim Komissarov, the former CEO of Trident Acquisitions Corp (TDAC), a special purpose acquisition company that merged with Lottery.com, has been indicted by United States federal authorities. Komissarov faces multiple
Oklahoma Debates Sports Betting as State Moves Toward Bitcoin Investment
Oklahoma is one of the last remaining states without any form of legalized sports betting. The road to legalization remains unclear, however, with Governor Kevin Stitt doubling down on a “fair” sports betting model
Michigan Sets iGaming Records While Exploring Bitcoin Reserve Bill
January was a record-breaking month for iGaming revenue in the state of Michigan. The Michigan Gaming Control Board (MGCB) reported combined online casino and sports betting revenue reaching $331.2 million in January
MLB Urges CFTC to Implement Integrity Safeguards for Sports Event Contracts
Major League Baseball (MLB) has weighed in on the debate around sports event contracts with a letter to the U.S. Commodity Futures Trading Commission. In the letter, Bryan Seeley, MLB’s Executive Vice President of
Hawaii Moves Toward Sports Betting, Remains a Hub for Crypto Growth
Hawaii has edged closer to legalized sports betting after the House Finance Committee moved a bill forward. HB 1308 was granted committee approval, with 12 representatives voting “Aye” and 3 “Noes.” However, six
Drastic Regulatory Failings Could Have Cost Romania €900M in Lost Taxes
The Romanian Court of Accounts (CCR) has uncovered widespread regulatory failures and tax collection negligence by the country’s gambling regulator, the Romania National Office for Gambling (ONJN). According to the
New Jersey Proposes Gambling Tax Hikes in Budget, Crypto Gets No Mention
The latest budget plans in New Jersey propose increasing the tax rate on iGaming and online sports wagering. Governor Phil Murphy’s Summary of Budget Recommendations suggests increasing the iGaming and sports wagering
Hong Kong Eyes Basketball Betting Legalization, Could Crypto Betting Follow?
Hong Kong regulators are considering the legalization of basketball betting to help plug the country’s budget deficit. Reports suggest that, given basketball’s popularity in the country, the black market,