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Analyst: MGM Voting Agreement Could Pave the Way for Future Sale

Analyst: MGM Voting Agreement Could Pave the Way for Future Sale

An amended voting agreement between MGM Resorts International and Barry Diller’s People Inc. could make it easier for the casino operator to pursue a future sale, while placing its Macau business, MGM China, in focus in any potential change-of-control transaction. “Event Risk” Warning CreditSights…

Gambling News
DragonBet CEO: “we don’t want to be another generic bookmaker”

DragonBet CEO: “we don’t want to be another generic bookmaker”

DragonBet’s Co-Founder, David Lovell, is confident that the bookmaker has crafted itself a “genuinely competitive product” to stand out in a highly competitive and challenging market. The Wales-focused operator, which agreed a deal with the BVGroup last month to migrate onto the platform, joins sev…

SBC News
Hungary FM hijacks CEO appointment of Szerencsejáték Zrt

Hungary FM hijacks CEO appointment of Szerencsejáték Zrt

András Kármán, Hungary’s Finance Minister, has appointed Zoltán Sólyom as the new Chief Executive of state-owned gambling group Szerencsejáték Zrt. The appointment is yet to be confirmed by the government gazette but was announced via Kármán’s Facebook page on 27 October. Szerencsejáték Zrt has bee…

SBC News
Canada First Nation launches first-ever indigenous prediction markets framework

Canada First Nation launches first-ever indigenous prediction markets framework

A First Nation community in New Brunswick, Canada has become the latest jurisdiction to set up its own prediction markets regulations, perhaps taking a cue from Gibraltar over in Europe. The Tobique First Nation, which has a population of less than 3,000 community members according to a 2025 census…

SBC News
No to Sports Betting Abuse: NCAA Joins Initiative to Protect College Athletes

No to Sports Betting Abuse: NCAA Joins Initiative to Protect College Athletes

The National Collegiate Athletic Association (NCAA) has taken one more step in the battle against online harassment by joining the Bad Actor Program in its latest attempt to keep athletes safe and properly protected. First Sports Governing Body to Join Bad Actor The program, joined by Fanatics at t…

Gambling News
PointsBet year-on-year revenue falls 16%

PointsBet year-on-year revenue falls 16%

PointsBet has announced a drop of 16% in revenues compared to the previous year for the first half of its FY2027, mainly due to poor results in Australia’s Sports betting operations. The revenue for the first half of FY2027 from April to September 2026 stands at A$112.7 million as compared to A$134…

thegamblest
Coolbet announces 131 potential job cuts in Estonia

Coolbet announces 131 potential job cuts in Estonia

Estonian operator Coolbet has launched a collective redundancy process at its Tallinn headquarters with putting 131 positions at risk. The proposed cuts could affect VG Estonia OÜ, a Coolbet group company and have been reported to Estonia’s Unemployment Insurance Fund (Töötukassa). Coolbet CEO Toma…

thegamblest
Dutch gambling market falls to €4.1 billion

Dutch gambling market falls to €4.1 billion

The Dutch regulated market recorded a sharp decline in revenue, particularly among online casino and betting operators. The Kansspelautoriteit (KSA) attributed part of the downturn to stricter player protection measures introduced in late 2024. The regulator said the market’s gross gaming result (B…

thegamblest
Online Poker Malware Scandal Could Have Cost Players $4M

Online Poker Malware Scandal Could Have Cost Players $4M

A sophisticated hack targeting big-stakes online poker players may have scored between $1.5 million and $4 million in illicit winnings. The attacker allegedly accessed the players’ computers and saw their private cards in games through compromised poker software. Online Poker Malware Scheme May Hav…

Gambling News
Polymarket Investigates Suspicious Bets on Israeli Elections

Polymarket Investigates Suspicious Bets on Israeli Elections

Polymarket is looking into what it calls potentially suspicious trading in relation to Israel’s general election on October 27. Hundreds of newly registered accounts made successful bets on Prime Minister Benjamin Netanyahu’s Likud party just before voting closed, raising renewed fears of possible…

Gambling News
Malta softens foreign gambling licence reforms

Malta softens foreign gambling licence reforms

According to NEXT.io, Malta’s Gaming Authority (MGA) altered its plans for changing the Recognition Notice (RN) framework. The decision comes after the authority being confronted by industry stakeholders regarding the imposed, unsubstantiated regulatory requirements and added administrative costs.…

thegamblest
Sweden regulator bans Duel.com operator over unlicensed activities

Sweden regulator bans Duel.com operator over unlicensed activities

Spelinspektionen, Sweden’s Gambling Authority, has issued an immediate ban against Immortal Snail LLC which is the operating company behind offshore gambling platform Duel.com. The operator has attracted attention in recent years for its controversial marketing campaigns, including provocative soci…

thegamblest
Brazil Supreme Court expands hearing on betting ban

Brazil Supreme Court expands hearing on betting ban

Brazil’s Supreme Federal Court (STF) is preparing a public hearing on the betting ban and Justice Luiz Fux will expand the list of participants without reopening the debate on gambling-related social harm. On November 1, Fux released the updated schedule for the public hearing of ADI 8027, schedule…

thegamblest
MGM China May Be Source of Allure If MGM Resorts Draws Another Suitor

MGM China May Be Source of Allure If MGM Resorts Draws Another Suitor

An amended voting agreement between MGM Resorts International (NYSE: MGM) and Barry Diller’s People Inc. (NASDAQ: PPLI) could make it easier for the casino operator to sell itself to another suitor in the future while potentially making MGM China a point of emphasis in a change of control scenario.…

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Regulation & Law

Malta Scales Back Foreign Gambling License Reforms

Malta’s plans to tighten oversight of gambling companies operating under foreign licenses have faltered after industry pushback, raising questions about how far the regulator can go without changes to existing legislation. While the Malta Gaming Authority (MGA) still wants to strengthen supervision…

Gambling News

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