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Genting Bhd asset sales key despite US$306mln rights issue: CreditSights

Genting Bhd asset sales key despite US$306mln rights issue: CreditSights

Malaysia’s Genting Bhd will in likelihood need to “sell non-core assets” to stave off further credit-rating downgrades, despite a proposed MYR1.25-billion (US$305.8-million) rights issue, says CreditSights. The institution views the rights issuance as positive but thinks it will have only “modest i…

GGRAsia
KTO shuts down operations in Brazil after betting ban

KTO shuts down operations in Brazil after betting ban

The operator KTO has closed its operations in Brazil less than 3 weeks after the passing of Provisional Measure 1,394/2026, which prohibited online betting. More than 200 employees were laid off on October 8. KTO has not yet confirmed the closure of its operations. The lay-offs bring the total numb…

thegamblest
Sydney Sweeney Returns in Second Controversial Novig Ad

Sydney Sweeney Returns in Second Controversial Novig Ad

Sydney Sweeney is back for one more ad for sports prediction platform Novig, this time using humor to bash controversial markets offered by competitors. The 30-second commercial, which was released on October 11, also reinforces the company’s decision to limit its trading products to sporting event…

Gambling News
NC Candidate Linked to Property Hosting Illegal Gambling Parlor

NC Candidate Linked to Property Hosting Illegal Gambling Parlor

A candidate for the North Carolina state legislature is facing serious questions regarding a commercial property that he owns in Sanford that reportedly houses an illegal video gambling operation. Charles Taylor, a Republican serving on the Sanford City Council, is running for a seat in the North C…

Gambling News
Online Slot Sites in 2026: What Separates the Good Platforms from the Rest

Online Slot Sites in 2026: What Separates the Good Platforms from the Rest

The market for online slot sites in the UK has never been larger, and the quality variation across it has never been more pronounced. A player who simply clicks on the first result they find and deposits without investigating may have a perfectly acceptable experience or a deeply frustrating one, a…

thegamblest
Undercover Witness Received $6K, Vegas Gambler Claims Entrapment

Undercover Witness Received $6K, Vegas Gambler Claims Entrapment

W.W.R. from Las Vegas has been accused of running an illegal sports betting operation. The 57-year-old is challenging the case against him after court records revealed that an undercover witness received between $5,000 and $6,000 from law enforcement for helping investigators. R. was officially ind…

Gambling News
Hacksaw forecasts Q3 revenue of up to €58.5 million

Hacksaw forecasts Q3 revenue of up to €58.5 million

Hacksaw AB projects a revenue range of €57.5 million to €58.5 million for Q3 2026. This is due to the ongoing market challenges and unsatisfactory performance of its games leading to a decrease in yearly revenues to 11%–12%. According to a press release dated October 12 Hacksaw reported its estimat…

thegamblest
Lawsuit Filed Over Surveillance Footage from Idaho Casino Arrest

Lawsuit Filed Over Surveillance Footage from Idaho Casino Arrest

An Idaho woman is suing casino security staff and law enforcement officers in a federal civil rights lawsuit alleging she was arrested on drug charges based on misleading interpretations of surveillance footage. Lawsuit Claims Deputy Misrepresented Footage in Idaho Casino Drug Case Connie Ann Hanse…

Gambling News
Ireland omits common tax on iGaming from first draft EU Budget 2028

Ireland omits common tax on iGaming from first draft EU Budget 2028

In Dublin, the Irish Presidency decided against a proposed review for a common tax on online gambling as part of the European Union (EU) budget 2028-2034. Ireland took the role of chief negotiator of Budget 2028-2034 this July. EU member states are due to settle terms on a minimum €2trn (£1.7bn) pl…

SBC News
Betfred reports £64m pre-tax profit

Betfred reports £64m pre-tax profit

Betfred has reported pre-tax profits of £64m for the financial year ending March 29, 2026, with retail contributing over half of the firm’s total sales. According to records submitted to Companies House, the company returned £64m in pre-tax profits for its 52-week accounting period, which is shorte…

thegamblest

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GambleAwareReino Unido y Europagambleaware.org
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