Sri Lanka casino bill includes no junket regulations Draft regulations for the new Sri Lanka gaming industry do not address the licensing, taxation and regulation of casino junkets.

Sri Lanka’s new gaming legislation omits a key piece of the puzzle: junket regulations bit.ly/402SIQO bit.ly/402SIQO

Italy gambling reform brings rapid consolidation to Europe’s largest market Higher barriers to entry in Italy could cut the online market in half, but stakeholders believe that its intentional.

Italy gambling reform brings rapid consolidation to Europe’s largest market - at current predictions, the Italian market is expected to shrink from the current 81 to around 33 concessionaires bit.ly/3HQo7Q9

Gibraltar removed from FATF ‘high-risk’ list The European Commission has announced the Financial Action Task Force (FATF) has removed Gibraltar from its list of high-risk jurisdictions.

#Gibraltar has been removed from the Financial Action Task Force 'high-risk' list after years of pushback from the peninsula - although the removal will face European Parliament approval once again bit.ly/449JVip

Quintenz reiterates pro-prediction market stance in confirmation hearing Brian Quintenz answered questions about crops, crypto and more, but his comments on prediction markets were of particular interest.

The future growth prospects of prediction markets seem to look very bright, based on comments from Brian Quintenez made on Tuesday bit.ly/3HBIqRk

Genius Sports scores extended deal with NFL Genius Sports has signed a multi-year extension to its strategic technology partnership with the National Football League (NFL).

#GeniusSports will continue to work with the #NFL across player and game data, advertising and integrity after securing a multi-year extension to their partnership bit.ly/4dXWkt2

Ladbrokes ordered to pull Ladbucks ad over game currency likeness The Advertising Standards Authority (ASA) has ordered Ladbrokes to withdraw an advert after ruling it was of “strong appeal” to young people.

The #AdvertisingStandardsAuthority has ordered #Ladbrokes to pull its Ladbucks advert after concerns were raised over the in-game tokens resembling similarities to video game currencies such as V-Bucks and Robux bit.ly/44b94cz

Flutter plans $0.50 transaction fee impacting FanDuel customers in Illinois due to new tax hike Flutter Entertainment says FanDuel customers in Illinois will face a transaction fee on sports bets due to a new state betting tax.

#FlutterEntertainment has announced a new betting transaction fee on all sports wagers with #FanDuel in Illinois following the state’s decision to increase the tax on sports betting bit.ly/3ZWML7W

North Carolina sports betting hold hits 11.65% in May Sports betting hold in North Carolina reached 11.65% during May, with the state reporting increases across both revenue and handle.

North Carolina sports betting hold hits 11.65% in May while revenue also increased despite a month-on-month drop in handle bit.ly/4n0ouIg

Brazil finance minister confirms gambling tax hike The Brazilian Finance Minister Fernando Haddad has announced that online gambling companies could face a 50% increase in the tax rate of GGR.

Brazilian Finance Minister Fernando Haddad has confirmed gambling tax in the country will increase from 12% to 18% of GGR bit.ly/44hHR7d

BGC warns UK tax hike could push two thirds of players into black market Melanie Ellis, Partner at Northridge Law, warns smaller operators will not be able to absorb potential tax increase.

The Betting and Gaming Council has warned that a hike in UK gambling taxes could push two thirds of players towards the unregulated market bit.ly/4dVMbNN

DoT data: Is player churn a real problem for UK operators? This Department of Trust (DoT) analysis uses raw transaction data to assess the stickiness of new gamblers and the overall churn rate of active players. Are operators doing enough to retain new entran...

In its analysis for iGB, the Department of Trust assesses whether gambling operators are doing enough to retain players in the UK bit.ly/4kCJzqy

Apparent social media 'conflict' leaves two dead in Bellagio shooting The Las Vegas Strip has had a tough year, with a deadly shooting outside the Bellagio being the latest example.

A social media feud turned deadly outside the #Bellagio after two people were killed in what police described as an “isolated incident” tied to an escalating online conflict between YouTube personalities bit.ly/3Zn4nK4

New York attorney general orders 26 online sweepstakes casinos to stop activities in state New York AG Letitia James and the New York State Gaming Commission have sent cease-and-desist letters to 26 online sweepstakes casinos.

Letitia James and the New York State Gaming Commission have sent cease-and-desist letters to 26 #sweepstakecasinos they say have been operating in the state illegally, ordering the brands to cease operations in the state bit.ly/45aWBXq

Ireland's GRAI to consider tiered licensing fee model following industry pushback The Gambling Regulatory Authority of Ireland (GRAI) will consider five-year gambling licences and a tiered licensing fee model.

Ireland's gambling regulator, Gambling Regulatory Authority of Ireland, will reassess its licensing fee structure, to be based on GGY instead of turnover, after a public consultation raised concerns bit.ly/45bJZ2l

Codere Online continues Nasdaq listing after filing 2024 annual report Codere Online beats Nasdaq delisting process by filing required documents in June, despite various setbacks.

#CodereOnline has retained its ability to trade on the Nasdaq exchange after the operator group made the necessary SEC filings bit.ly/3ZnPZ4f

Star's future again uncertain as AUSTRAC pushes for AU$400 million penalty Star Entertainment, an embattled casino, is again facing an uncertain future after federal AML proceedings continued this week.

Star’s future back on the brink as AUSTRAC pushes for AU$400M AML fine, a hit that could derail the Bally’s takeover igamingbusiness.com/casino/land-...

State of the Union: McCullers staves off threat from foreign bettor; Pacers shock OKC in Game 1, more Longshot Pacers open NBA Finals with comeback win over Thunder; Senate schedules nomination hearing for Trump's pick for CFTC chair

From McCullers’ first win on the mound since 2022 to the Pacers stunning OKC at home, here’s what shaped the sports betting world this week bit.ly/4kXx4Wo

Double-digit online growth pushes revenue up at Allwyn in Q1 Allwyn International reported a 6% rise in revenue during Q1 on the back of growth in its digital division, while earnings also edged up.

Allwyn International reported a 6% year-on-year increase in revenue during Q1 on the back of further growth within its digital division bit.ly/4jAF5PO

Private casinos could have saved Sweden’s land-based sector, says BOS chief Private Sweden casino operators competing with the Svenska Spel monopoly could have reinvigorated its land-based sector.

Gustaf Hoffstedt, Secretary General for BOS, believes Sweden’s land-based casino sector could have been profitable if private operators had been able to compete with the Svenska Spel monopoly bit.ly/3T9x4qa

ATG appoints Finland joint venture CEO ATG has appointed Mikael Bäcke as CEO of Hippos ATG, its new online gambling joint venture with Finnish equestrian association Suomen Hippos.

This morning, #ATG announced the appointment of Mikael Bäcke as CEO of Hippos ATG, its new online gambling joint venture with Finnish equestrian association Suomen Hippos bit.ly/4jGmv90

Musk's X makes Polymarket official prediction market partner Elon Musk’s social media platform X has partnered with the prediction market platform Polymarket as an offical prediction partner.

#X named #Polymarket its official prediction market partner despite the platform being banned for U.S. users and unregistered with the CFTC bit.ly/4mPeqBF

Loterj 'remains firm' in case against federal government, president insists licensees can operate nationally Rio de Janeiro Lottery (Loterj) president Hazenclever Lopes Cançado will continue to challenge federal court decisions against the provider.

Speaking to iGB, #Loterj president Hazenclever Lopes Cançado will continue to challenge federal court decisions to restrict its licensees' activities bit.ly/4jDqjIa

US online casino revenue totals $868.6 million in April, up 32.5% over 2024 The seven US states that have legalised online casinos posted another month of strong revenue growth in April.

All seven states that have regulated online casino in the US continued to show strong year-on-year growth in April, with revenue totaling $868.6 million for the month bit.ly/43spJbs

New Zealand commits $81 million to minimise gambling harm Mental health minister Matt Doocey announces an increased investment of NZ$81 million to support New Zealand gambling harm strategy.

New Zealand's Minister for mental health, Matt Doocey, has announced an increased investment of NZ$81m to support the country's updated strategy for minimizing gambling harm bit.ly/4jDmfrg

Veikkaus appoints former PayPal VP Lassi to top legal role Veikkaus has announced the appointment of former PayPal vice president Jyri Lassi as its new general counsel and management team member.

Jyri Lassi joins #Veikkaus as its new general counsel and management team member, having previously worked for tech giants #PayPal and #Nokia bit.ly/4krLKwT

Black market and KYC key pain points in Brazil, says Betano regulatory chief Despite the excitement of Brazil launching its regulated online sector earlier this year, one fear still stands above all – the black market.

Six months on since the Brazil launched its regulated gambling framework, and the growing threat of the black market continues to pose challenges for licensed operators, according to #BetanoBrazil Regulatory chief, Ioannis Spanoudakis bit.ly/43tieB1

ACMA raps four operators for self-exclusion breaches The Australian Communications and Media Authority (ACMA) has ruled Buddybet, Ultrabet, VicBet and Topbet breached self-exclusion rules.

The #ACMA has ruled that 4 operators - #Buddybet, #Ultrabet, #VicBet and #Topbet - were in breach of Australia's regulations on gambling self-exclusion after it carried out an investigation into each of the brands bit.ly/4lckIdd

Golden State showdown: A look inside the lawsuit between California tribes and cardrooms Cardrooms and tribes are fierce rivals in California, and it will be up to courts to decide winner of their latest battle.

California tribes are suing cardrooms over their use of third-party dealers, arguing it violates tribal exclusivity over house-banked games.

The lawsuit, backed by SB 549, could reshape gaming in the Golden State bit.ly/45afBFt

Episode 48: The (latest) Illinois sports betting tax raid World Series of Politics goes in hard on the Land of Lincoln, where another tax grab puts further pressure on Illinois sports betting.

This week on World Series of Politics, Brandt Iden & Brendan Bussmann dive into the latest Illinois sports betting tax raid and why the state is not friendly for business.

Plus, could Ohio surprise us with an iCasino win? 🤔 bit.ly/4dNiDBL

Escalante seeking 100% ownership of VGW Head of online sweepstakes casino company VGW is bidding to buy out investors and take 100% ownership of it.

As more U.S. states move to ban sweepstakes casinos,
#VGW CEO is making a $3.3 billion AUD move to take full control of the company behind #Chumba, #Luckyland, and #GlobalPoker bit.ly/4dJSyDE