Author: OnlineGamblingDaily

The Federal Court of Australia has ordered The Star Entertainment Group to pay AU$260 million ($182 million) for breaches of anti-money laundering and counter-terrorism financing (AML/CTF) laws. The amount is below the AU$400 million ($280 million) that the Australian Transaction Reports and Analysis Centre (AUSTRAC) had suggested. Justice Moore set the penalty after she took into account AU$200 million ($140 million) in previous penalties, license suspensions and the appointment of an external manager. AUSTRAC Chief Executive Brendan Thomas said that “the penalty reflects the seriousness of the contraventions and builds on previous state and Commonwealth fines to provide ongoing deterrence…

LoneStar Casino staged a two-night entertainment activation in downtown Austin on October 23 and 24, combining DJ performances, leaderboard competitions, technology prizes, and branded vehicles during the Big Race in Austin weekend. The events ran from 8 p.m. to 1 a.m. at The Studio on East 6th Street on October 23, followed by a second night of activities in downtown Austin on October 24. The activation featured six hourly Spin the Wheel leaderboard competitions, with three rounds each night starting at 9 p.m., 10 p.m., and 11 p.m. Registered eligible players received five free spins to use in any round,…

Italy is considering higher taxes and changes to lottery commissions and gambling concession fees as Prime Minister Giorgia Meloni’s government seeks nearly €1.9 billion ($2.13 billion) from the sector between 2027 and 2029. The draft budgetary plan submitted to Brussels projects gambling revenue of €718 million ($804.16 million) annually in 2027 and 2028, followed by €478 million ($535.36 million) in 2029. Earlier estimates ranged from €400 million ($448 million) to €1 billion ($1.12 billion). According to financial daily Milano Finanza, the government could raise approximately €700 million ($784 million) through lottery sales commissions, known as aggio, and online gambling. However,…

In this article, Volodymyr Todurov, CEO of Frogo, examines how overly aggressive anti-fraud measures can undermine conversion and user retention, making the case for a behavioral intelligence approach that detects sophisticated threats while minimizing friction for legitimate users. There is an old saying among risk teams: “The only 100% secure platform is one with zero users.” For years, high-risk digital industries approached fraud prevention with a blunt instrument. If a login attempt looks slightly unusual, throw up a CAPTCHA. If a deposit or checkout triggered a minor flag, lock the account and request a physical utility bill. If a user opens…

In this article, CommsHub presents a case study of how a major digital platform handling 13 million monthly SMS messages reduced messaging waste, saved €63,341 in one month, and improved delivery rates and user retention through automated number verification and smart routing. For high-volume digital platforms, messaging is one of the largest operational expenses. Delivering millions of service notifications, security alerts and promotional messages each month requires significant financial investment. However, a close look at campaign analytics often reveals a quiet drain on resources: tens of thousands of dollars spent on messages that never had a chance of reaching a…

Georgia’s Parliament has approved legislation allowing casinos to organize international gambling tournaments. The bill, introduced by lawmakers from the ruling Georgian Dream party, passed its final reading with 73 votes in favour and five against, Georgia Today reported. Parliament debated and approved the legislation over two plenary sessions. During the deliberations, lawmakers raised the minimum share of foreign participants from 70% to 80%. They also removed a proposed provision that would have imposed a GEL 150,000 (US$57,815) fine on organizers holding international gambling tournaments without authorization. Under the approved law, an international gambling tournament is defined as a competition organized…

Coinbase Global reported third-quarter net revenue of $1.16 billion, down 34% from $1.76 billion a year earlier and below the $1.21 billion analysts expected. Subdued crypto volatility and lighter trading weighed on the core business, but the prediction market unit, in operation for less than a year, posted some of the fastest growth in the exchange’s history. The largest regulated US cryptocurrency exchange said its prediction market business “surpassed $200 million in annualized revenue” in the September quarter, while “daily traders grew 60%+ quarter-over-quarter.” Coinbase offers event contracts through a partnership with Kalshi. “Prediction markets see 82% quarterly compound growth…

Bally’s Corporation has backed The Star Entertainment Group’s turnaround efforts after the Federal Court of Australia imposed a A$260 million (US$182.64 million) penalty on the casino operator’s subsidiaries over historical breaches of anti-money laundering and counter-terrorism financing laws. The penalty, payable in four instalments over 19 months, relates to conduct that occurred before Bally’s invested in The Star and before the appointment of its current board and executive leadership. Bally’s Executive Chairman Soo Kim said the company respected the work of the Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Federal Court in holding casino operators accountable for regulatory…

Gaming and Leisure Properties (GLPI) reported record third-quarter revenue, adjusted funds from operations (AFFO), and adjusted EBITDA, with revenue rising 9.5% year-on-year to $435.4 million for the three months ended September 30, 2026. AFFO increased 10.5% to $311.7 million from $282 million in the prior-year period, while adjusted EBITDA rose 13% to $413.9 million from $366.4 million. AFFO per diluted share and OP/LTIP units increased 7.2% to $1.04 from $0.97. However, net income declined to $213.8 million from $248.5 million, while income from operations fell to $309.9 million from $337.2 million. Funds from operations (FFO) decreased to $275.9 million from…

Resorts World Las Vegas is preparing a series of Halloween celebrations on October 30-31, featuring nightclub performances, themed cocktails, a rooftop masquerade, and special dining experiences across the property. The resort’s Halloween program brings together entertainment and seasonal offerings at several venues, including Zouk Nightclub, Allē Lounge on 66, Here Kitty Kitty Vice Den and ¡VIVA! by Chef Ray Garcia. The events are designed to attract visitors looking for nightlife and themed experiences during one of Las Vegas’ busiest autumn weekends. A major highlight at Resorts World Las Vegas is Hottieween, hosted by three-time Grammy Award-winning rapper Megan Thee Stallion…

Sportsbook supplier BETBY reported a 33.4% year-on-year increase in sportsbook gross gaming revenue (GGR) in the third quarter of 2026, supported by major sporting events, product innovation and activity across its operator network. The number of bets placed through its sportsbook increased 31.9% compared with the same period last year, while active players rose 82.7%. BETBY attributed the growth partly to major international sporting events, including the Esports World Cup and the concluding stages of the FIFA World Cup, alongside stronger activity across its growing network of operator partners. During the quarter, the supplier expanded its product portfolio with the…

MGM Resorts International has ended takeover discussions with its largest shareholder, People Inc., after the latter withdrew its bid for a proposed acquisition, President and CEO Bill Hornbuckle said during the operator’s third-quarter earnings call on Wednesday. Hornbuckle said People and a special committee of MGM Resorts had agreed on a price, but People was unable to assemble a syndicate that met its objectives and withdrew its offer. MGM Resorts also announced an amendment to its existing voting agreement with People. It revised the agreement following People’s decision to abandon its takeover bid. People, the investment firm led by media…

Sycuan Casino Resort will commemorate its 43rd anniversary in November with $1 million in cash and prizes, an amount that includes two Mercedes-Benz vehicles. The El Cajon, California, property will also run limited-time dining and spa offers for the entire month, in addition to a full day of activities on November 21. The celebration honors more than four decades in gaming, entertainment, and hospitality. Sycuan opened as a bingo hall in 1983, later became San Diego’s first casino, and now operates as a $260 million casino resort and entertainment destination. Slot players can win a share of $130,000 in cash…

Spooky Link Go Ghost has launched across regulated online casino markets in the United States and Canada, marking the first digital release of Aristocrat’s established land-based slot franchise in the real-money gaming sector. Announced on October 15, the launch brings the Halloween-themed game to participating online casino operators and mobile gaming applications across regulated North American jurisdictions. Aristocrat Interactive, the company’s online real-money gaming division, plans to expand the franchise with additional releases throughout 2027. Spooky Link Go Ghost adapts the franchise’s existing gameplay for online audiences while retaining features associated with its land-based titles. The game centers on the…

Venetian Las Vegas is marking the Halloween season with limited-time cocktails, themed desserts and special offerings across several of its restaurants and bars, giving visitors multiple options to celebrate through the end of October. The seasonal program at The Venetian Resort includes Halloween-inspired drinks at Close Company, specialty desserts at Black Tap Craft Burgers & Beer and Bouchon, and complimentary beverages for guests wearing costumes at HaSalon. The offerings are available on different dates, with some extending through Halloween weekend. Close Company, located at Via Via Food Hall, has transformed its interior for the season with glowing pumpkins, flickering candles,…

SBC will hold a special edition of SBC Digital Brazil Day on Wednesday, with a focus on the regulated betting market in Brazil. The free online event begins at 11 a.m. Brasília time and is expected to run for about four hours. SBC organized the program in partnership with the National Association of Games and Lotteries (ANJL) and the Brazilian Association of International Gaming Operators and Providers (ABRAJOGO). More than 30 participants from different fields will join the sessions, which carry the theme “Betting: Beyond the Narrative – Between Facts, Perceptions and Consequences,” to discuss the current state of the…