Economy/Finance

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

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Taxes, Nevada
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

Johnny K.
Online gaming software, Latest Casino and Gambling News, NFL, U.S.A., World Casino News, North America Casino News, Technology, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Fantasy Sports
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

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Philippines
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

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Taxes
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

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships
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...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Vanja Mitic
Latest Casino and Gambling News, Online gaming software, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...