Betfred Penalized £825,000 After Compliance Review Flags Multiple Failures

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, European Casino News, Sports betting, Fines, Lawsuits & Litigation, United Kingdom
Done Brothers (Cash Betting) Limited, known as Betfred, must pay £825,000 after regulators found shortcomings in the company’s oversight of anti-money laundering processes and safer gambling safeguards within i...

Dutch Regulator Imposes €4m Penalty on Unibet Operator Optdeck

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, European Casino News, Fines, Lawsuits & Litigation, Netherlands
The Dutch gambling authority has imposed a €4 million sanction on Optdeck Service Limited, the company behind Unibet in the Netherlands, after concluding that the operator failed to comply with mandatory player...

State Board Backs All Three New York City Casino Proposals

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Licenses, New York
New York City’s long-running competition for downstate casino licenses moved into its final phase after the New York Gaming Facility Location Board unanimously endorsed three proposals in Queens and the Bronx. ...

PENN and Kambi Prolong Retail Sportsbook Partnership Into 2027

Johnny K.
Online gaming software, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Technology, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
Kambi Group and PENN Entertainment have formalized a new timeline for their longstanding retail sportsbook relationship, pushing the agreement’s conclusion to July 31, 2027. The companies confirmed that the rev...

EY Study Uncovers Expanding Illegal Online Gambling Across Spain

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, European Casino News, Unlicensed Operation, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Spain
Spain’s black-market online gambling activity is far more widespread than officials previously understood, according to a comprehensive new assessment released by EY. The research, presented by the Spanish onli...

PENN Committee Affirms Board’s Good-Faith Conduct in HG Vora Conflict

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Licensed online casinos in USA, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation
PENN Entertainment’s prolonged battle with activist investor HG Vora has taken another turn after an independent Special Litigation Committee (SLC) concluded the company’s board acted appropriately and “in good...

Robinhood and Susquehanna Team Up to Develop New Prediction Market Exchange

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Technology, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
Robinhood and Susquehanna International Group are moving forward with a significant expansion into the prediction markets sector by forming a new joint venture that will operate its own futures and derivatives ...

Ontario iGaming Hits New Heights With Record Spending and Revenue in October

Johnny K.
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Ontario’s regulated online gambling market delivered its strongest performance to date in October, marking the third straight month of record-setting growth in player spending and operator revenue. Fresh data r...

Nevada Judge Reverses Earlier Win for Kalshi Amid National Legal Rift

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Fines, Lawsuits & Litigation, Nevada
A long-running legal fight between prediction market operator Kalshi and Nevada gaming officials took a dramatic turn this week after a federal judge reversed an earlier ruling that had shielded the company fro...