News

Key Moments: BGC chief Grainne Hurst told a Treasury Select Committee there is “no social ill with gambling,” shocking attending MPs. The 2024 Gambling Survey for Great Britain reported 2.7 percent of adults scored 8 or higher on the Problem Gambling Severity Index, with 1.5 percent of youths meeting the problem gambling screen. Industry experts and regulators highlighted the need for product-specific risk management ahead of the UK Budget on 26 November 2025. Intense Parliamentary Debate Over Gambling’s Social Impact Betting and gaming executives faced the Treasury Select Committee amid…

Key Moments: MGM China’s third quarter net revenue reached HKD8.51 billion ($1.08 billion), reflecting a 17 percent year-on-year increase MGM Cotai’s VIP table games turnover surged to HKD21.69 billion ($2.79 billion) The company captured a 15.5 percent market share and recorded all-time high segment-adjusted EBITDAR Sustained Revenue Expansion Across Key Markets MGM China Holdings delivered its strongest third-quarter performance to date, led by outstanding results in both its mass and VIP gaming segments. According to parent company MGM Resorts, the operator set a new record for segment-adjusted earnings before interest,…

Key Moments: Operators have shifted from broad marketing tactics to precision-driven, multi-channel acquisition strategies Brands prioritizing mobile optimization and compliance are reducing customer acquisition costs and improving retention Affiliate programs and SEO methods have advanced, with real-time analytics and regulatory adherence defining top performers User Acquisition Transforms Into a Disciplined Operation Throughout 2025, user acquisition within the online casino and iGaming sector has evolved beyond traditional marketing. Rising customer acquisition costs, intensified regulatory scrutiny, and continuous changes from Google have pushed operators to adopt data-driven and process-oriented approaches. Leading brands…

Key Moments: Visa, Mastercard, and American Express credit cards have remained prominent funding methods for regulated online gambling platforms. Regulatory changes, such as the 2020 credit card ban in the United Kingdom, have shaped the acceptance of credit cards for online wagering in different markets. American Express cards are less commonly accepted due to higher processing fees but may provide additional rewards for qualifying users. An Overview of Credit Card Use in Online Gambling For individuals seeking reliable ways to fund their online gambling activities, credit cards continue to be…

Key Moments: The Secretariat of Prizes and Bets (SPA) in Brazil granted betting operators 30 more days to apply new rules targeting social welfare recipients. Critics and the National Association of Games and Lotteries (ANJL) warned the policy could drive up to 45% of affected bettors to black market options. Compliance challenges and doubts about the ban’s enforceability are growing among industry experts and analysts. Regulatory Extension Signals Enforcement Challenges The Secretariat of Prizes and Bets (SPA) in Brazil has provided licensed betting operators with an additional 30 days to…

Key Moments: Denmark’s Spilpakken 1 reform package introduces significant new gambling restrictions Industry leaders have warned of increased risk of black market activity following ad bans TV2 expects advertising ban to cause annual losses of up to €12 million Government Unveils Stricter Regulatory Approach Denmark’s gambling sector is undergoing one of its most challenging periods, following the government’s introduction of the Spilpakken 1 reform package. These reforms, proposed as a means to address social concerns, have led to heightened restrictions, including a whistle-to-whistle ban on betting advertisements during live sports,…

Key Moments: Caesars Entertainment is monitoring the sports prediction market and will only enter if regulations become clear Company leadership emphasized protecting gaming licenses and compliance over immediate entry into new sectors Digital operations have shown ongoing growth, with online sports betting handle increasing by 6% and iGaming revenue up 29% in the latest quarter Regulatory Uncertainty Shapes Caesars’ Prediction Market Strategy Caesars Entertainment is closely evaluating the changing sports prediction market. The company will only join once regulations are clear and existing licenses face no risk. During a recent…

Key Moments: House Bill 4149 has been introduced to prohibit credit card use across all gambling channels in Illinois The proposed law targets both online and retail sports betting, casino gaming, and lottery purchases Global and domestic trends reflect increasing regulatory scrutiny of credit card gambling payments Legislators Aim to Address Financial Risks House Bill 4149, introduced by Representatives Curtis Tarver and Marti Deuter, seeks to outlaw credit card payments for every form of gambling in Illinois, including sports betting, casino games, and lottery tickets. The proposed legislation is designed…

Key Moments: MLB has initiated agreements with major sportsbook operators to eliminate micro prop wagers. Ohio Governor Mike DeWine has advocated for a national ban on micro prop betting in collaboration with other sports leagues. Concerns have been raised about integrity issues following incidents involving Cleveland Guardians players and revelations of illegal betting linked to the NBA. Push for National Micro Prop Ban Major League Baseball has begun working with other major sports organizations to address the risks of micro prop bets. These are wagers on specific plays or outcomes…

Key Moments: The Netherlands Gambling Authority (KSA) fined BetCity €2.65 million over responsible gambling shortcomings. The regulator’s investigation covered player losses from October 2021 to March 2023, ahead of Entain’s acquisition of BetCity in January 2023. BetCity’s appeal was dismissed in August after the KSA ruled the operator did not respond adequately to high-risk behavior among young adults. Background on the Regulatory Penalty BetCity received a €2.65 million fine from the Netherlands Gambling Authority (KSA), following an investigation into the operator’s handling of young adult players. The review looked specifically…