News

Key Moments: Trump Media and Technology Group Corp. (TMTG) has announced Truth Predict, a prediction market offering inside Truth Social. TMTG and Crypto.com have entered into an agreement involving $105 million in Cronos and a $50 million investment in TMTG stock. Truth Predict will begin with a beta rollout, and then expand to a full national launch across all 50 states. Truth Predict Launches on Truth Social Trump Media and Technology Group Corp. has entered the prediction market arena by introducing Truth Predict. This offering will allow users of Truth…

Key Moments: Industry leaders have discussed the need for innovative formats to attract Gen Z players with shorter attention spans. Mobile-first platforms and live event integration have become critical to broadening poker’s reach and engagement. Operators are adopting data-driven and community-focused strategies while navigating evolving regulations and AI advancements. Redefining Poker for Gen Z With online poker undergoing significant transformation, new player demographics and rapid technological change are driving platforms to innovate. Simon Isbäck, Head of Poker at Cubeia Sweden AB, recently provided his insights into these developments. He emphasized…

Key Moments: South Korean police dismantled an illegal betting network handling over KRW 22 billion ($15.3 million) in wagers centered on Jeju Island Six main suspects, including the alleged ringleader, faced indictments; 39 additional participants, including minors, were arrested Authorities discovered predatory loans with interest rates up to 650 percent targeting high school students Major Police Sweep Targets Illegal Online Betting A vast illicit gambling network allegedly operated from covert PC cafes and villas in Jeju City has been shut down by South Korean law enforcement. The ring, accused of…

Key Moments: Galaxy Entertainment Group Ltd has recently reduced baccarat side bet options at Galaxy Macau and StarWorld Hotel. Rival operators Wynn Macau, MGM China, Melco Resorts, and SJM Holdings Ltd have already simplified their side bet offerings. Sands China continues to provide the most comprehensive selection of baccarat side bets, including a progressive jackpot. Baccarat Side Bets Get Simplified at Galaxy Properties Galaxy Entertainment Group Ltd has moved to simplify the side bet landscape on its live-dealer baccarat tables at both Galaxy Macau and StarWorld Hotel. Observations have shown…

Key Moments: Los Angeles Dodgers hold -210 favorite status against the Toronto Blue Jays (+170) at BetMGM for Game 4 George Springer has been removed from the Blue Jays’ lineup following a core injury Shohei Ohtani’s MVP odds at FanDuel shift to -380 after a standout Game 3 showing Market Movers Ahead of Game 4 After an extraordinary 18-inning matchup lasting 6 hours and 39 minutes, where the Dodgers edged out the Blue Jays 6-5 on a Freddie Freeman walk-off home run, betting attention has shifted quickly to Game 4.…

Key Moments: Kangwon Land Inc’s board has approved a strategy to introduce generative AI across its casino operations The company saw its second-quarter net profits decrease by 62.2 percent year-on-year to KRW60.63 billion Kangwon Land is progressing with construction of a new casino complex at its resort, aiming for an early 2028 opening Strategic AI Policy Gains Board Approval Kangwon Land Inc, the operator of the only casino in South Korea open to domestic visitors, has greenlit a new digital transformation roadmap. The company confirmed that its board, during a…

Key Moments: Betty Canada reported CAD 82.4 million in net revenue for the quarter ended September 30, marking a 39% increase from the previous quarter. The company delivered its first EBITDA-positive results in Ontario, with CAD 1.4 million EBITDA for July and August, and CAD 2.1 million total profit for the quarter. Active real-money users surpassed 99,000, as user acquisition costs dropped from CAD 63 to CAD 44 per player. Quarterly Performance Drives Profitability Betty Canada, the online casino platform with a strong focus on Ontario, has delivered a standout…

Key Moments: Foreign gambling websites have continued to target Icelandic residents despite legal restrictions Recent studies estimate that one percent of the population deals with serious gambling addiction, with another two to three percent at risk Iceland’s current laws and prevention measures remain limited, as calls for more robust regulation continue A Dramatic Shift to Online Betting Gambling behaviors in Iceland have changed significantly over the past decade. Where once regulated environments kept most betting in check, advances in technology and the spread of mobile devices have moved much of…

Key Moments: PlayCity has blocked 33 TikTok accounts that were promoting unlicensed gambling, with an estimated audience of 365,000 users. The regulator is developing a nationwide monitoring and exclusion system, planned for launch by the end of 2025, which will connect with Ukraine’s Diia digital ID app. New licensing conditions are expected to generate nearly UAH 50 million (€1.03 million) in state revenue, supporting defense initiatives such as drone purchases. Crackdown on Illegal Gambling Promotion PlayCity, Ukraine’s newly established gambling regulator, has moved decisively by blocking 33 TikTok accounts accused…