Economy/Finance

Nevada Congresswoman Pushes Back on Gambling Loss Cap with FAIR BET Act

Nevada Representative Dina Titus is taking a firm stand against a controversial new tax change impacting gamblers across the country. On Monday, she introduced the Fair Accounting for Income Realized from Betti...

Fantasy Sports Startup Secures 7 Million Dollars to Fuel Expansion

Fantasy Life, the brainchild of renowned fantasy football analyst Matthew Berry, has successfully closed a $7 million funding round aimed at accelerating its evolution from a content brand into a dynamic techno...

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

The Philippine online gambling industry has been jolted by renewed legislative efforts that have triggered steep market sell-offs and intensified regulatory uncertainty. Stocks tied to the sector—particularly t...

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

A controversial tax amendment tucked into the Senate-passed version of President Donald Trump’s sweeping “One Big Beautiful Bill Act” (OBBBA) is drawing sharp criticism from gamblers, lawmakers, and gaming indu...

PointsBet’s Takeover Battle Intensifies Amid Vote Dispute

PointsBet's battle for control intensifies as its shareholders narrowly approved a takeover deal with Japanese firm MIXI, but not without a significant challenge from rival bidder Betr Entertainment. Despite th...