Brazil’s Chamber of Deputies will seek further data from the Ministry of Finance, the Secretariat of Prizes and Betting, and the Central Bank after a public hearing on Thursday exposed deep divisions over the future of fixed-odds betting in the country. The hearing, held by the Economic Development Committee at the request of Representative Vander Loubet, centered on Bill 180/2026, authored by Representative Pedro Quizai, which proposes banning the operation, offering, promotion, and facilitation of fixed-odds betting nationwide. According to the Ministry of Finance, 31 million CPF numbers (Brazilian taxpayer ID numbers) are registered on legal betting platforms, equal to…
Author: OnlineGamblingDaily
The American Gaming Association estimates states have missed out on $1 billion in tax revenues due to the rise of prediction markets, according to the trade group’s latest report. President and CEO Bill Miller also said the platforms are currently not being properly regulated at the federal level. The widening dispute over prediction market products offering yes/no event contracts has led to an escalating regulatory fight. The battle involves state gaming authorities, which argue prediction markets are effectively indistinguishable from gambling; the Commodity Futures Trading Commission, which oversees the emerging sector at the federal level; and the companies operating the…
California’s Graton Resort & Casino has opened its largest expansion to date, unveiling a 144,000-square-foot smoke-free dining, gaming, and entertainment district. The new smoke-free district combines restaurants, nightlife, and expanded gaming into a single integrated destination designed around the region’s wine country identity. Guests can now move seamlessly between rooftop dining, sports viewing, craft cocktails, specialty desserts, and casino gaming within a unified environment. “What we’ve built here is unlike anything else in Sonoma County or Northern California,” said Greg Sarris, Tribal Chairman. “This expansion is about our people, our community and our guests. Sonoma County has extraordinary food, culture…
A New Jersey Senate panel has advanced a trio of gambling advertisements bills aimed at strengthening consumer protections and addressing problem gambling in state online betting markets. The legislation targets sportsbook account restrictions, self-exclusion rules, and advertising in order to reduce gambling-related harms in one of the largest regulated wagering markets in the nation. Approved by the Senate State Government, Wagering, Tourism and Historic Preservation Committee, the legislative package represents a significant push by lawmakers to regulate the rapidly growing industry. One of the central measures, Senate Bill 2356, focuses directly on how gambling advertisements reach the public. The bill…
In this article, SOFTSWISS explores why sportsbook profitability is increasingly determined not by traffic acquisition or headline GGR figures, but by the quality of an operator’s risk management, trading structure, automation and operational discipline. Most sportsbook operators do not fail because they cannot acquire traffic. They fail because they misread risk. A typical case – an operator enters a major tournament aiming for a strong reporting month. They cut the margin from 7% to 5%, raised limits on top markets, run aggressive bonus campaigns, and relaxed several risk filters. Turnover grows by around 30%. Gross Gaming Revenue (GGR) is up…
The new company resulting from Fertitta Entertainment’s acquisition of Caesars Entertainment would own four of Atlantic City’s nine casinos, a move set to reshape the local market and that has fueled concerns of concentration. Fertitta Entertainment, the parent company of Golden Nugget Atlantic City, announced Thursday it would be acquiring the Las Vegas casino giant in an all-cash deal valued at about $17.6 billion, including roughly $11.9 billion in assumed debt. In Atlantic City, the deal raised immediate questions about regulatory review and potential divestitures. The properties under the new ownership structure would include Golden Nugget Atlantic City, Caesars Atlantic City,…
Harry Reid International Airport processed more than 4.3 million arriving and departing passengers in April, with traffic levels continuing to run below those recorded a year earlier. According to monthly passenger statistics released by the Clark County Department of Aviation, the Las Vegas airport handled 4,379,755 travelers during the month, compared with 4,716,039 passengers in April 2025, representing a 7.13% year-over-year decline. Passenger traffic through the first four months of 2026 reached 16,935,330 travelers, down 5.6% from the 17,940,001 passengers recorded during the same period last year. Domestic travel remained the largest contributor to overall airport activity. In April, Harry…
BMM Innovation Group (BIG), a technology company providing compliance testing, cybersecurity and training services to regulated gaming markets, has announced its participation in SBC Summit Americas 2026, scheduled for June 9-11 at the Broward County Convention Center in Fort Lauderdale, Florida. BIG will exhibit in Booth No. 730, where the company will showcase its solutions for North America and Latin America. The group maintains gaming testing and certification operations in Latin America through offices in Argentina, Brazil and Peru. In North America, the company serves the expanding iGaming and sports betting sector with testing, certification, cybersecurity and compliance-focused training services. Representatives…
HELL Partners confirmed its participation in iGB Live 2026, scheduled to take place at ExCeL London on July 1-2. The company will exhibit at Booth L40 during the event. The affiliate network said it will use the event to meet with affiliates and discuss traffic-focused partnership arrangements. HELL Partners operates a portfolio of in-house iGaming products across Tier 1 to Tier 3 markets. Affiliates are permitted to use traffic sources without restrictions. The company said its network is designed to support long-term affiliate activity through multiple geographic markets and conversion-focused products. HELL Partners also disclosed that it is preparing to…
Australia’s corporate regulator asked the Federal Court on Wednesday to impose a A$1.3 million ($935,000) fine and an eight-year directorship ban on former Star Entertainment Group CEO Matt Bekier over misconduct linked to junket operator Suncity. The Australian Securities and Investments Commission argued Bekier, who led Star from April 2014 to March 2022, had shown neither remorse nor understanding of his failings and that the public needed protection from him holding another senior executive role. The Federal Court ruled against Bekier in March, finding he breached his duties by failing to inform Star’s board about troubling conduct tied to Suncity,…
News of a Caesars takeover broke this morning, as the announced broke that the company has agreed to a massive acquisition by Fertitta Entertainment. The deal marks a major shift in the gaming industry, as Fertitta moves to finalize a an all-cash transaction valued at approximately 17.6 billion dollars. The deal includes the assumption of about 11.9 billion dollars in debt, taking one of the largest casino operators in the United States private. Under the terms of the agreement, Caesars shareholders will receive 31 dollars per share in cash. This purchase price represents a 49 percent premium to the unaffected…
Better Gambling Forum and SBC Events & Media have entered into a strategic partnership aimed at advancing player protection standards and promoting sustainable gambling practices across North America and other markets. The collaboration will use SBC’s events and media platforms to expand engagement with the Better Gambling Forum’s Responsible Gambling 3.0 framework, which focuses on translating gambling policy and academic research into operational practices for operators, regulators and health systems. BGF Chair Shawn Fluharty said the initiative is intended to move the industry toward evidence-based approaches to harm reduction. “The Better Gambling Forum focuses on turning evidence into action,” Fluharty said.…
Play’n GO has been granted a licence to supply online gaming content in the Canadian province of Alberta, marking a new milestone in the company’s continued expansion across regulated North American markets. The licence, awarded by the Alberta Gaming, Liquor & Cannabis Commission (AGLC), enables the company to provide its portfolio of online casino titles to licensed operators in the province, ahead of Alberta’s planned go‑live later this year. The company stated that Alberta represents “an important new regulated opportunity within Canada,” complementing Play’n GO’s established presence in Ontario and Quebec, and reinforcing the company’s long‑standing commitment to operating exclusively…
DR Gaming Technology (DRGT) concluded what it labeled as a highly successful showing at G2E Asia 2026 at The Venetian Macao’s Cotai Expo in mid-May. During the show, the company’s integrated casino management ecosystem attracted strong interest from operators. Across the three-day exhibition, DRGT welcomed visitors from an international spread of gaming jurisdictions, including Macao, Vietnam, Laos, Cambodia, Singapore, Uganda, Tanzania, the UAE, Spain, Ireland, the United States, and the Turkish Republic of Northern Cyprus. Activity at its booth reflected the increasingly global demand for scalable, data-driven casino technology solutions, said DRGT, as operators seek “more intelligent, connected, and player-centric…
US President Donald Trump has issued a strong endorsement for regulation of prediction markets, the fast-growing event contract sector. Such a move, however, would establish a direct conflict with several state officials. The White House is arguing for uniform national oversight, while individual states attempt to impose local restrictions and prohibitions. Through a social media statement, the president emphasized the necessity of maintaining the Commodity Futures Trading Commission as the sole regulatory authority over these platforms. He framed the push for federal administration as a way to create a consistent framework for the country, while also linking the sector to…
The Philippine Amusement and Gaming Corporation (PAGCOR) has launched a 24/7 National Problem Gambling Helpline (NPGH) as part of its efforts to strengthen responsible gaming measures and enhance player protection. The hotline, established in partnership with Seagulls Flock Organization Inc. (SFO), will provide confidential support services by connecting individuals experiencing gambling-related problems with trained counselors. During the launch ceremony, PAGCOR Chairman and CEO Alejandro H. Tengco, in a keynote speech read by Senior Vice President for Land-Based Operations Daniel Cecilio, said the initiative underscores the regulator’s commitment to maintaining a humane and accountable gaming industry. “This National Problem Gambling Helpline that…
