Author: OnlineGamblingDaily

Brazil’s Finance Ministry is preparing new betting restrictions that would prevent participants in debt renegotiation programs from registering on fixed-odds betting platforms for six months. Finance Minister Dario Durigan said Monday that negotiations with banks had been completed and that the Desenrola 2.0 program would be submitted to President Luiz Inácio Lula da Silva on Tuesday. The program is expected to be launched on May 1, Labor Day, with a focus on facilitating negotiations between debtors and creditors and reducing the number of families whose income is heavily committed to debt repayment. The proposed betting barrier is aimed at individuals…

Uganda has approved a 30% gambling tax and a 15% withholding levy on player winnings, part of its plan to fund the 2026–27 national budget, with implementation set for July 1. Parliament passed the Lotteries and Gaming (Amendment) Bill 2026, introducing a harmonized 30% tax rate across betting and gaming activities. Lawmakers also approved the Income Tax (Amendment) Bill 2026, which imposes a 15% withholding tax on net winnings from betting and gaming. The updated framework replaces the two-tier system under the Lotteries and Gaming (Amendment) Act 2023. That system applied a 30% tax on gaming activities, including casinos, and…

XO Market has raised $6 million in a seed funding round as it looks to challenge established players by allowing users to create their own prediction markets. The round included backing from Coinbase Ventures, 20VC, Picus Capital and Venture Together, as well as angel investors including Australian cricket captain Pat Cummins. The startup is positioning itself as the “YouTube of prediction markets,” contrasting its model with rivals such as Polymarket and Kalshi, which rely on internal teams to decide which markets to list. “Today’s major platforms like Kalshi and Polymarket act more like Netflix,” co-founder Ali Habbabeh told CoinDesk in…

Circa Sports professional football contests will be back and bigger than ever. This season, Circa Survivor, Circa Million VIII, and Circa Grandissimo. The premier sports betting brand will continue to up the ante for its professional football contests, and CEO Derek Stevens released a video teasing the eighth year of Circa Sports hosting record-breaking professional football betting contests. The full details on this year’s contests will be announced by Circa Resort in the coming weeks. Five winners of Circa Survivor, who all went 20-0 during the 2025-2026 season, took home the largest prize pot in history of $18,718,000, with each…

Durango Casino Resort has officially announced the opening of its new Fortune Coin Bonus Room, a dedicated gaming space designed to provide guests with more opportunities to win through a unique community based jackpot system. The new area is located adjacent to the resort gift shop in the space formerly occupied by the high limit slot room. This addition introduces a specific promotional environment where the primary focus is a series of progressive jackpots that must be awarded before reaching designated financial limits. The Fortune Coin Bonus Room operates on a random must hit by jackpot structure that remains active…

Resorts World New York City officially opened its live table games casino floor in Queens on Tuesday, marking the debut of the first full scale New York City Casino. This milestone comes more than a decade after state voters first approved the expansion of gambling. The facility is located in South Ozone Park next to the Aqueduct Racetrack and near John F. Kennedy International Airport. The expansion adds more than 240 live table games to the property, including blackjack, craps, baccarat, and roulette. While the site has operated slot machines and electronic gaming for over ten years, the new additions…

SBC has announced the shortlist for the 2026 SBC Awards Americas, recognising leading operators, affiliates and suppliers across the North and Latin American gaming markets. The ceremony will take place on June 10 at the Broward County Convention Center as part of SBC Summit Americas 2026, bringing together about 600 industry professionals. This year’s awards feature 34 categories spanning operations, technology, marketing, payments, compliance, and player engagement. Rush Street Interactive leads the shortlist with eight nominations, followed by Betting Hero with six. Optimove, Wazdan, and Betsson Group have five nominations each. Rasmus Sojmark, Chief Executive and Founder of SBC, said:…

PointsBet Canada has expanded its casino offering in Ontario through a new agreement with Bede Gaming, adding new gaming content and player engagement tools in a bid to compete for customers in Canada’s regulated iGaming market. The Ontario-based sportsbook and casino operator announced that the new casino aggregation and bonusing platform is now live on its pointsbet.ca platform following a competitive selection process. PointsBet selected an external provider to deliver content aggregation and player engagement capabilities while continuing to run its platform through proprietary technology originally developed by its Australian parent company. Through Bede’s open-API aggregation platform, PointsBet now has…

The Isle of Man has passed the Gambling Legislation (Amendment) Bill after final approval in the High Court of Tynwald, completing a major update of its gambling laws. The House of Keys approved amendments put forward by the Legislative Council on Wednesday, bringing parliamentary scrutiny of the bill to a close. The updated legislation strengthens statutory provisions tied to employment and economic activity within the gambling industry. Among the most significant changes is the introduction of a new “fitness and propriety” standard for individuals involved in gambling operations. This standard expands existing suitability checks by incorporating competency and financial assessments…

The owner of William Hill will close around 270 betting shops after a review of its retail estate, as it seeks to offset higher UK gambling taxes that pushed annual losses sharply higher. Evoke, which also owns the 888 brand, reported that pre-tax losses more than doubled to £549.1 million ($741 million) in 2025, from £220.9 million ($298 million) a year earlier, driven largely by UK tax increases and a £440.3 million ($594 million) impairment charge. The shop closures, targeting underperforming locations, are expected to result in hundreds of job losses, though the company did not specify how many roles are…

DATA.BET has launched a new prediction markets vertical, allowing operators to offer bets on global events beyond sports. The new offering covers markets in politics, finance, technology, crypto, the economy, culture, and weather. It is designed with a sportsbook-style interface, using fiat transactions and simplified mechanics to make participation easier. The product is designed to simplify participation by removing many of the complexities typically associated with prediction exchanges. The platform features clear pricing, fiat-based transactions, and a user-friendly interface. Unlike many existing solutions, it follows a familiar sportsbook model, eliminating the need for users to navigate intricate systems or rely…

MGM Resorts International reported first-quarter 2026 consolidated net revenue of $4.5 billion, up 4% from the prior-year quarter, supported by higher revenue from MGM China, MGM Digital, and growth at the BetMGM North America Venture, even as profitability declined across several operating segments. Net income attributable to MGM Resorts was $125 million for the quarter ended March 31, compared with $149 million a year earlier. Diluted earnings per share were $0.48, down from $0.51, while adjusted diluted earnings per share were $0.49, compared with $0.69 in the first quarter of 2025. Consolidated Adjusted EBITDA fell to $580 million from $637…

Resorts World New York City opened its live table games casino floor in Queens on Tuesday, becoming the first full-scale casino of its kind in New York City more than a decade after voters approved expanded gambling in the state. The South Ozone Park facility, located next to Aqueduct Racetrack and a few miles from John F. Kennedy International Airport, has added more than 240 table games, including blackjack, craps, baccarat, and roulette. Resorts World had already been operating slot machines and electronic gaming at the site for more than a decade, which allowed it to move faster than the…

Caesars Entertainment reported a slight rise in first-quarter revenue and adjusted earnings, with strong growth in its digital business offsetting softer performance in its core casino segments. The company posted revenue of $2.9 billion, up from $2.8 billion a year earlier, while its net loss narrowed to $98 million from $115 million. Consolidated adjusted EBITDA edged up to $887 million from $884 million. Chief Executive Officer Tom Reeg said the results reflected gains across key areas. “In the first quarter of 2026, we delivered growth in total net revenue and adjusted EBITDA versus last year,” Reeg said. “Caesars Digital revenue…

A Williamson County grand jury declined to indict poker pro and co-owner Doug Polk, his partners, and The Lodge Card Club on illegal gambling allegations, clearing the way for the return of seized cash and equipment and a potential reopening within weeks. The decision ended a nearly two-month legal dispute that forced one of Texas’ largest poker clubs to shut down following a March 10 raid by the Texas Alcoholic Beverage Commission’s Financial Crimes Unit. The Austin-area poker room is co-owned by Polk, Andrew Neeme, Brad Owen, Jake Abdalla, and Jason Levin. Authorities seized more than $1.3 million in cash…

Las Vegas Cinco de Mayo is always bigger and better! And this year, Sin City has everything you could possibly want to enjoy the holiday, including fiestas, margaritas, Latin DJs, and concerts… even a fight or two, ya know, so you don’t have to get drunk and start one yourself. And that’s where our show kicks off with PBC Fight Night at T-Mobile Arena. There are eight bouts on the card, and two Mexican fighters in the main event. David Benavidez and Gilberto Ramirez, squaring off on Saturday, May 2nd. But before the boys can lace up the gloves, several…