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Restrictions Imposed on Brazilian Gambling Industry Payments
The government announced plans to restrict Brazilian gambling industry payments as part of a broader effort to regulate the sector. However, lawmakers are still deciding on specific regulations. The Ministry of Finance scheduled discussions with legal sportsbook...
Experts Urged Korean Government to Set Up a Gambling Regulator to Oversee Integrated Resorts
Tourism experts are asking the South Korean government to create a gambling regulator to supervise the country’s integrated resorts. They say this would ensure the industry’s sustainable growth. Panelists at a recent Korea Times Global Business Club event...
SI Sportsbook Exits the Colorado Sports Betting Market
Colorado has become the testing ground for alternative and small sportsbook operators. However, it faces a significant shift as another betting platform exits the Colorado sports betting market. According to bookie software experts, SI Sportsbook is the seventh...
The Latest Gambling News Coverage and Headlines from around the World
New York Breaches $50 Billion in Mobile Sports Betting Handle
New York’s mobile sports betting handle reached $50 billion, as the state’s gaming regulator announced a historic week for the industry that ended last Sunday. According to the New York State Gaming Commission, players wagered $478 million for the week, the 12th out of 141 weeks for online betting that started in January...
Sports Betting and iGaming Save Pennsylvania Gambling Industry
Revenue from the Pennsylvania gambling industry in July reached $500.8 million. According to the Gaming Control Board, it was 7.2 percent higher than last year. Also, it was 6.1 percent higher than the revenue in June. Despite a 4.8% year-on-year decline to $204.3m,...
Proposed Osaka Integrated Resort Faces Another Setback
According to local media outlets, the Bureau International des Exposition is asking to postpone the construction of the proposed Osaka integrated resort for at least six months. The organization oversees the upcoming World Fair or Expo 2025. Still, this might have...
Nebraska Sports Betting Bills Introduced During Special Legislative Session
Governor Jim Pillen called for a special legislative session to find solutions to reduce property taxes in the state. The session will also discuss the legalization of online sports wagering. Thus, lawmakers introduced Nebraska sports betting bills. It was on July 25...