News

Key Moments: The ORACLE Act proposes to ban most event-based prediction markets for New York users, with few exceptions for broad outcomes. Consumer protections include a 21-year age minimum, self-exclusion requirements, and a ban on credit card deposits for permitted platforms. Violations could result in civil fines up to $1 million per day, with enforcement actions led by the state attorney general. Legislative Proposal Targets Prediction Market Operations A new bill introduced in the New York State Assembly, titled the Oversight and Regulation of Activity for Contracts Linked to Events…

Key Moments: Bulgaria has approved a gambling tax increase from 20% to 25% of gross gaming revenue, set to apply in January next year. Regulated online gambling in Bulgaria generated approximately €562mn in GGR in 2023, with total GGR from all sectors estimated at €1.1bn. The new tax rate is expected to yield €281mn in annual revenue, covering only about 1.4% of the current national deficit. Policy Shift Targets Fiscal Deficit Bulgaria will raise the gambling tax on gross gaming revenue from 20% to 25%. The change takes effect in…

Key Moments: The NCAA has suspended six men’s basketball players from three universities for involvement in game-fixing and betting-related violations. The investigation uncovered athletes intentionally altering performance and sharing insider information for financial gain, with payouts of $5,000 reported in connection. Current and prior integrity probes continue, with additional NCAA investigations targeting sports wagering violations across multiple schools. Widespread Suspensions for Game Manipulation he NCAA has suspended six men’s basketball players from New Orleans, Mississippi Valley State, and Arizona State. These bans stem from separate game-fixing investigations. However, the cases…

Key Moments: Nevada Gaming Commission schedules a November 20 review of Fifth Street Gaming’s compliance practices. The Nevada Gaming Control Board has recommended a two-year restriction on Fifth Street’s share of sportsbook revenue at Ojos Locos Sports Cantina Y Casino. Fifth Street Gaming has introduced new systems and oversight in response to regulatory concerns, but gaps remain unresolved. Regulatory Scrutiny Intensifies The Nevada Gaming Commission is closely examining Fifth Street Gaming after several audit and tax issues surfaced at the Ojos Locos Sports Cantina Y Casino in North Las Vegas.…

Key Moments: Stake Casino operates in Canada as an offshore entity without provincial licensing. NikCub’s analysis points out the balance between fast crypto-based transactions and increased user responsibility in offshore casinos. Canadian players report positive experiences with Stake’s features but note limitations in local regulatory protections. Expert Overview: NikCub’s Approach NikCub, recognized for his investigations into crypto casinos and digital marketing, has analyzed the dynamics surrounding Stake Casino’s presence in the Canadian market. His research connects the dots between corporate jurisdictions, cryptocurrency infrastructure, influencer outreach, and the positioning of offshore…

Key Moments: Sweden will implement new slot machine rules for hospitality venues effective 1 December 2025. Slot machine revenue must never exceed dining income at licensed venues under the updated system. A comprehensive ban on gambling with credit is scheduled to take effect on 1 April 2026. Hospitality Slot Machine Regulations Overhauled The Swedish Gambling Inspectorate, Spelinspektionen, has announced significant adjustments to the way slot machines operate in settings such as restaurants, bars, and leisure venues. Beginning 1 December 2025, these changes will limit the number of slot machines allowed…

Key Moments: Gaming Corps has announced Graham Greensmith as its new Chief Commercial Officer. Greensmith officially began his role on November 10th, 2025. He previously held commercial leadership roles, most recently at Inspired. Leadership Transition to Propel Expansion Gaming Corps, headquartered in Sweden and publicly traded, has named Graham Greensmith as its Chief Commercial Officer. This move signals a pivotal advance in the company’s drive for expansion and innovation in the gaming sector. Greensmith’s Industry Experience With a career spanning more than two decades in commercial management within the gaming…

Key Moments: Affinity Interactive has enlisted Moelis & Co. and Macquarie Group Ltd. to navigate increasing debt pressures Credit downgrades and a rise in debt-to-EBITDA from 7.8x in 2023 to about 11.7x in late 2024 have deepened concerns Bondholders are working with Akin Gump Strauss Hauer & Feld LLP as asset sales and restructuring options are evaluated Strategic Advisors Engaged Amid Financial Pressures Affinity Interactive, an established casino and media enterprise, is seeking expert guidance from Moelis & Co. in response to mounting debt issues and increasing demands from creditors.…

Key Moments: Together Gaming Solutions has entered into a partnership with Internet Vikings to utilize VMware cloud and backup services in Europe. The choice was influenced by Internet Vikings’ industry reputation, tailored account support, and proven reliability for iGaming businesses. Internet Vikings’ backup capabilities help Together Gaming Solutions maintain business continuity, data security, and GDPR compliance. Partnership Overview Internet Vikings, recognized as a hosting provider for iGaming and online sports betting firms across Europe and the Americas, has announced an agreement with Together Gaming Solutions. The cloud-based platform provider has…

Key Moments: The UK Gambling Commission has released the fourth and final report addressing illegal online gambling. This concluding report examines the complexities of estimating the size of the illegal online gambling market. Ongoing research, data collection, and enforcement actions are set to continue beyond the publication of this series. Comprehensive Four-Part Analysis Comes to a Close The UK Gambling Commission has completed its multi-part series on illegal online gambling. The fourth and final report has now been published. The project began earlier this year to study how consumers interact…