Economy/Finance

United Kingdom: Labour MPs Push for Higher Gambling Taxes to End Two-Child Benefit Cap

Rachel Reeves, United Kingdom's Chancellor of the Exchequer, is facing mounting pressure from her own backbenches as more than 100 Labour MPs demand that gambling companies pay higher taxes to help finance the ...

Valley Forge Casino Fined After 13-Year-Old Found Gambling

The Pennsylvania Gaming Control Board (PGCB) has imposed a fine on Valley Forge Casino Resort after regulators confirmed that a 13-year-old was able to spend hours on the gaming floor playing slot machines. The...

Yolo Group Steers Away from Grey Market Toward Regulated Future

One of the most prominent names in crypto gaming, Yolo Group, is preparing for a fundamental transformation of its operations. The company, best known for its flagship brands Sportsbet.io and Bitcasino.io, is s...

Latvia’s Gambling Tax Overhaul: Increased Levies and Regulatory Shake-Up in 2026

Latvia has revealed a substantial restructuring of its gambling sector as part of the 2026 state budget, which includes sharp tax increases and the integration of gambling oversight into the country’s tax admin...

Superbet Pays €30 Million to Romanian Players Following Slot Glitch

Superbet, one of Romania’s leading gambling operators, has made a bold and unprecedented move by paying out over €30 million to thousands of customers who had won money due to a technical glitch in the Fire Bla...

New Jersey Gaming Revenue Climbs in August 2025 as iGaming Hits Record Levels

Record Month Highlights Industry Momentum New Jersey’s gambling market posted another strong performance in August 2025, with the Division of Gaming Enforcement (DGE) reporting $642.2 million in total gaming r...

Allwyn to Acquire Majority Stake in PrizePicks in $1.6B Deal

Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator conf...

DigiPlus Weighs Possible City of Dreams Buyout Amid Industry Speculation

DigiPlus Interactive Corp., the operator of BingoPlus, ArenaPlus, and GameZone, is facing heightened market attention following reports that it could purchase a controlling interest in City of Dreams Manila fro...

Intralot Secures €660M Financing to Support Bally’s Interactive Acquisition

Intralot S.A. has confirmed the completion of a significant financing arrangement worth €660 million to help fund its previously announced acquisition of Bally’s International Interactive. The company revealed ...

SIGA Fined $1.2 Million by FINTRAC for Violations of Anti-Money Laundering Regulations

The Saskatchewan Indian Gaming Authority (SIGA) has been penalized with a significant fine of $1.175 million after a compliance examination by the Financial Transactions and Reports Analysis Centre of Canada (F...