Caesars Faces Heightened Scrutiny Following $7.8 Million AML Penalty

Caesars Faces Heightened Scrutiny Following $7.8 Million AML Penalty

Key Moments: Caesars Entertainment agreed to pay a $7.8 million fine and implement extensive AML compliance reforms Nevada regulators cited failures in Caesars’ ability to track source of funds and address suspicious activity swiftly An independent AML expert will assess Caesars’ progress and report to regulators in two years Regulators Demand Stronger AML Compliance Caesars Entertainment has come under significant regulatory pressure, especially since the Nevada Gaming Control Board (NGCB) found flaws in the company’s anti-money laundering (AML) procedures. According to the NGCB, Caesars’ program did not adequately determine the…

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High Roller Technologies Achieves First Profit, Eyes Major Canadian Expansion in 2026

High Roller Technologies Achieves First Profit, Eyes Major Canadian Expansion in 2026

Key Moments: High Roller Technologies reported its first profitable quarter as a public company for Q3 ending September 30 The company has applied for an operator license in Ontario, targeting a launch there in the first half of 2026 Expansion plans include upcoming launches in Alberta and a focus on new opportunities across North America, Latin America, and Europe Profitable Quarter Marks New Chapter High Roller Technologies has reported a milestone by recording its first-ever quarterly profit since becoming a public company. This achievement comes as the company prepares for…

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Japan Confronts Rising Tide of Illegal Online Gambling Amid Youth Concerns

Japan Confronts Rising Tide of Illegal Online Gambling Amid Youth Concerns

Key Moments: The National Police Agency estimated 3.4 million Japanese residents have used offshore gambling sites, with nearly 2 million identified as regular users. Japan’s government approved a national crackdown strategy with fines up to JPY500,000 and up to three years’ imprisonment for repeat offenders. The MGM Osaka integrated resort is set to open in 2030, targeting 20 million visitors annually with projected revenue of JPY520 billion. Offshore iGaming Usage Surges in Japan Illegal online gambling activity in Japan has reached unprecedented levels. According to a new report from the…

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Gibraltar Issues Public Caution to Platinum Gaming After UK Enforcement Action

Gibraltar Issues Public Caution to Platinum Gaming After UK Enforcement Action

Key Moments: Platinum Gaming received a formal warning from the Gibraltar Gambling Commissioner following the UK’s £10 million penalty. A subsequent third-party review found Platinum Gaming’s compliance systems have been brought up to Gibraltar’s regulatory standards. The caution now sits on Platinum Gaming’s Gibraltar record and may be used for future enforcement decisions. Regulatory Response Spans Borders After Platinum Gaming, the operator of Unibet in Great Britain, was fined £10 million by the UK Gambling Commission, the ripple effects reached Gibraltar, where the company is also licensed. The Gibraltar Gambling…

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GambleAware Reports Surge in UK Adults Seeking Early Intervention for Gambling

GambleAware Reports Surge in UK Adults Seeking Early Intervention for Gambling

Key Moments: GambleAware revealed that over five million adults in the UK are considering cutting back or quitting gambling. Since April 2023, the Self Assessment tool has been completed more than 87,000 times. The UK’s gambling harm response system is transitioning to a statutory model, due to be fully in place by April 2026. Growing Demand for Gambling Support GambleAware’s latest findings indicate a marked increase in the number of UK adults looking to either reduce or abstain from gambling. Over five million adults have expressed interest in making a…

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Polymarket and TKO Group to Launch Blockchain-Based Prediction Markets During UFC Broadcasts

Polymarket and TKO Group to Launch Blockchain-Based Prediction Markets During UFC Broadcasts

Key Moments: Polymarket has entered a multi-year collaboration with TKO Group Holdings, the parent company of UFC and Zuffa Boxing. A live, on-screen prediction scoreboard will display real-time global fan expectations during UFC matches. The integration of prediction markets into UFC and Zuffa Boxing events is set to commence in 2026 on Paramount+ in the United States. Groundbreaking Partnership Unites Sports and Blockchain Prediction Markets Polymarket is extending its reach into mainstream sports following the announcement of a multi-year partnership with TKO Group Holdings, which oversees the Ultimate Fighting Championship…

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New York Moves to Rein In Prediction Markets with Comprehensive Legislation

New York Moves to Rein In Prediction Markets with Comprehensive Legislation

Key Moments: Assembly Bill 9251, known as the ORACLE Act, has been introduced in New York to regulate prediction markets under gambling laws. The proposed bill would prohibit betting on certain sensitive topics, including catastrophic events, politics, deaths, securities, and individual sports games. Legislative review of the bill is not expected to occur until January 7, 2026, following the end of the current session. Bill Introduction and Objectives New York Assemblyman Clyde Vanel has introduced Assembly Bill 9251, marking a significant effort to bring prediction markets under the same regulatory…

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NFL Reinforces Gambling Policies Following Recent NBA and MLB Controversies

NFL Reinforces Gambling Policies Following Recent NBA and MLB Controversies

Key Moments: The NFL sent a memo to teams outlining betting rules and explicitly banning certain wagers The league aims to restrict or prohibit prop bets that could impact game integrity Players are warned against betting on football or any sport where they may have insider knowledge League Communication to Players After recent scandals involving betting in the NBA and MLB, the NFL has taken decisive action to remind its players about strict gambling regulations. As a result, teams received a detailed memo on Thursday explaining what is permitted and,…

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FIRST – Best in Sports Wins Prestigious Sports Betting Supplier Award at Starlet Awards 2025

FIRST – Best in Sports Wins Prestigious Sports Betting Supplier Award at Starlet Awards 2025

Key Moments: FIRST – Best in Sports has been named “Sports Betting Supplier of the Year” at the 5 Star iGaming Media Starlet Awards 2025 The sportsbook technology provider expanded its presence across LATAM, Europe, and Africa during a pivotal year FIRST has secured strategic partnerships and advanced regulatory approvals in multiple markets Accolade Marks Major Milestone FIRST – Best in Sports has secured the “Sports Betting Supplier of the Year” title from the 5 Star iGaming Media Starlet Awards 2025. This recognition highlights FIRST’s innovative approach, rapid expansion, and…

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Victoria Implements Sweeping Card-Based Gambling Controls for Gaming Machines

Victoria Implements Sweeping Card-Based Gambling Controls for Gaming Machines

Key Moments: The Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024 has been passed by Victoria’s Parliament on 27 May 2024 Mandatory registration and use of personal gaming cards will be required for access to electronic gaming machines The planned trial phase for carded play was postponed beyond the original May–June 2025 window, with stakeholders requesting additional preparation time New Standards for Player Registration and Data Monitoring Victoria’s legislative body passed the Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024. This decision marks a major shift in how…

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