Federal Judge Sides with Kalshi in California Tribal Legal Battle

Federal Judge Sides with Kalshi in California Tribal Legal Battle

Key Moments: A United States District Court judge denied a preliminary injunction sought by three California tribes against Kalshi. The ruling cited federal oversight of Kalshi’s contracts under the Commodity Exchange Act and Commodity Futures Trading Commission. The tribes intend to continue their legal efforts as the broader lawsuit proceeds. Court Ruling Upholds Kalshi’s Operations Kalshi has received significant legal support after Judge Jacqueline Scott Corley of the Northern District of California denied a request from three California tribes to halt its sports-related contracts from operating on tribal lands. The…

Read More

Alea and CatoriTech Forge Integration to Deliver Enhanced Casino Content for Operators

Alea and CatoriTech Forge Integration to Deliver Enhanced Casino Content for Operators

Key Moments: Alea and CatoriTech entered a partnership to provide operators access to over 16,000 games from more than 160 providers. This deal allows CatoriTech platform users to integrate Alea’s content aggregation through a secure and compliant process. The collaboration aims to combine modular platform control with a vast, high-performance game portfolio. Strategic Alliance Enhances Content Reach Alea, renowned for its aggregation services in the iGaming sector, has joined forces with CatoriTech, a company specializing in modular iGaming technology for operators. Through this agreement, operators leveraging CatoriTech’s platform benefit from…

Read More

DigiPlus Interactive Selects Comtrade Gaming to Boost ArenaPlus Platform

DigiPlus Interactive Selects Comtrade Gaming to Boost ArenaPlus Platform

Key Moments: Comtrade Gaming has reached a strategic partnership deal with DigiPlus Interactive Corp. to provide platform technology for ArenaPlus. The integration process aims to enhance ArenaPlus’ status as a leading digital sports entertainment platform in the Philippines. The agreement strengthens Comtrade Gaming’s presence in the Asia-Pacific market and highlights its commitment to supporting regulated and expanding operators. Enhancing ArenaPlus with Advanced Platform Solutions Comtrade Gaming has announced a new collaboration with DigiPlus Interactive Corp., marking a pivotal step to integrate its advanced platform solutions with the ArenaPlus sportsbook in…

Read More

Canterbury Park Holding Experiences 5% Year-Over-Year Revenue Dip in Third Quarter

Canterbury Park Holding Experiences 5% Year-Over-Year Revenue Dip in Third Quarter

Key Moments: Net revenue reached $18.3m for the three months ended September 30, marking a 5 per cent decrease compared to the same period in 2024. Casino revenues fell by 9.7 per cent, while food and beverage revenues grew by 13.1 per cent during the quarter. Adjusted EBITDA was reported at $2.8m, resulting in an adjusted EBITDA margin of 15.4 per cent. Q3 Financial Overview Canterbury Park Holding Corporation reported net revenue of $18.3m for the quarter ending September 30. This represents a decrease of 5 per cent from the…

Read More

PwC Report Warns of Economic Risks from Excessive Gambling Taxes

PwC Report Warns of Economic Risks from Excessive Gambling Taxes

Key Moments: PwC identified a correlation between higher gambling taxes and increased black-market activity in European countries. Jurisdictions with tax rates below 25% reported stronger growth in gaming tax receipts between 2019 and 2024. The UK’s offshore gambling market share rose from 3.3% in 2021 to 5%, representing significant unregulated activity. Findings on Taxation and Black-Market Growth A new study by PwC has drawn attention to the unintended consequences of increasing gambling taxes and regulations in Europe. The report, highlighted by the UK Betting and Gaming Council (BGC), found that…

Read More

Unlocking the Power of Expected Value in Sports Betting

Unlocking the Power of Expected Value in Sports Betting

Key Moments: Expected Value (EV) measures the average result of a bet if placed repeatedly, using a specific formula Positive EV (+EV) indicates a bet is statistically favorable over the long term Common misconceptions persist regarding the necessity of +EV for every wager and the impact of short-term variance Understanding Expected Value (EV) in Sports Wagering Expected Value, abbreviated as EV, serves as a statistical tool in sports betting that projects the average outcome of a wager over numerous repetitions. By weighing probable payouts against likely losses, bettors get a…

Read More

SkyCity Secures Queenstown Casino Operations Through 2040 With License Renewal

SkyCity Secures Queenstown Casino Operations Through 2040 With License Renewal

Key Moments: SkyCity Entertainment Group obtained a 15-year casino license extension in Queenstown, effective until 2040. The company fully deployed its mandatory Carded Play system across all New Zealand casinos, completing Auckland’s rollout on 22 July. Carded Play requires all players to register for a gaming card, promoting safer and more responsible gaming practices. Extended License Bolsters SkyCity’s Position in Queenstown SkyCity Entertainment Group has secured a 15-year extension for its Queenstown casino license, ensuring uninterrupted operations in the region up to 2040. Announced in a company filing released on…

Read More

1xBet Advocates for Harmonized Player Safety Standards in Online Gambling

1xBet Advocates for Harmonized Player Safety Standards in Online Gambling

Key Moments: 1xBet’s International Player Safety Index: Western Europe reveals that 42% of operators are dissatisfied with regulatory guidance on player protection Research from 1xBet, in partnership with SBC Media, will be discussed at SBC’s Player Protection Day on 12 November 1xBet recommends standardized rules and AI-driven systems to address inconsistent regulations across multiple countries Fragmented Approaches Challenge Operators International online betting provider 1xBet has expressed concerns regarding the inconsistencies in player protection requirements faced by operators across different markets. According to the company, while the importance of safeguarding players…

Read More

Angola Embarks on Bold Regulatory Partnership to Strengthen Gaming and Financial Transparency

Angola Embarks on Bold Regulatory Partnership to Strengthen Gaming and Financial Transparency

Key Moments: ISJ and CMC entered an Institutional Cooperation Protocol at the end of October The agreement introduces joint oversight through data sharing, technical cooperation, and joint training initiatives The collaboration directly responds to FATF’s Grey List concerns and pushes for higher standards of integrity Historic Accord Unites Financial and Gaming Oversight in Angola In Luanda, a recent agreement between the Gaming Supervision Institute (ISJ) and the Capital Markets Commission (CMC) marks a major turning point for Angola’s oversight practices. The Institutional Cooperation Protocol, signed at the end of October,…

Read More

Blask Expands Global Reach, Surpasses 100 Countries with New Market Integrations

Blask Expands Global Reach, Surpasses 100 Countries with New Market Integrations

Key Moments: Blask now delivers operator analytics for 107 countries and game analytics for 17 nations The Blask Index in the United Arab Emirates has risen 36.14% year-on-year as 155 brands remain active Ukraine’s iGaming sector experienced a 49.11% year-on-year contraction, with only 86 brands active Latest Milestone Achieved Blask, recognized as an iGaming market intelligence provider, has extended its platform to cover over 100 countries by introducing new Asian, African, and European markets. The company now supports real-time, AI-powered analytics across 107 countries for operator data, and 17 for…

Read More