VGW Founder and CEO Laurence Escalante Resigns in Australia
Virtual Gaming Worlds (VGW) CEO Laurence Escalante, 44, has resigned following allegations of breaking into his former partner's home, assault, and theft.
REEVO Launches Mexico-Themed Slot Chilli Wild Burn
Gaming content provider REEVO has launched Chilli Wild Burn, a Mexico-themed online slot featuring 720 ways to win and a range of bonus mechanics aimed at driving player engagement.
New Jersey Lawmakers to Revisit Prediction Market Tax Proposal in Fall
New Jersey lawmakers are expected to revisit a proposal to tax prediction markets when the legislature returns in the fall after the measure failed to reach floor votes before the summer recess.
New Jersey Considers 9% Tax on Prediction Markets
New Jersey lawmakers are considering imposing a 9% tax on prediction markets.
CFTC Chairman: Prediction Markets Not for Gambling
Commodity Futures Trading Commission Chairman Michael Selig reiterates that prediction markets like Kalshi and Polymarket are not offering gambling services.
North Carolina Gov. signs budget to raise betting tax and add
Gov. Josh Stein signed the North Carolina budget on Tuesday, officially raising the state’s online sports betting tax rate and confirming that the state intends to tax prediction market platforms, even though it will not regulate them.
Flutter to Lay Off PokerStars Employees Amid FanDuel Transition
Flutter Entertainment is conducting a round of layoffs to its PokerStars team across multiple jurisdictions, the poker brand confirmed to SBC Americas on Tuesday.
Ohio sportsbooks unlikely to oppose credit card ban
After weeks of contemplation, the Ohio Casino Control Commission (OCCC) has officially announced its intention to ban the use of credit cards for sports betting in the state.
Las Vegas Youth Baseball Scandal Involves Alleged $64K Misuse
A youth baseball organization in Las Vegas is facing allegations of embezzlement by its former president, who reportedly misused tens of thousands of dollars from league funds for personal expenses, including gambling and adult entertainment.
South Korean Casino Stocks Lag Behind KOSPI Boom
South Korean casino stocks hit a one-year low last week, despite sky-high tourist numbers and rocketing KOSPI performance figures.
Macau Casino Sector Sees Revenue Drop Amid World Cup
Macau’s casino sector experienced a temporary setback in June, attributed to the World Cup. Despite rising visitor numbers, gross gaming revenue saw a sharp drop compared to previous periods.
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