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A massive $1.5 million payout has taken place by Fanatics Sportsbook after rookie Emeka Egbuka exited a game on Sunday due to a hamstring injury. The sportsbook announced that the Fair Play had been initiated, with a social media post stating: “FAIR PLAY activated. Honoring all player prop bets impacted by Emeka Egbuka’s 2nd Qtr injury.” This marks a new record, with other major Fair Play payouts...
BetMGM says it’s raising its full-year profit forecast and plans to give at least $200 million back to its joint owners, Entain and MGM Resorts International, after posting stronger-than-expected results for the third quarter of 2025. The company, which operates sports betting and online gaming platforms across North America, said in a press release that it brought in $667 million in net revenue...
In Brazil, a new bill has been proposed which would see an increase in the tax on online gambling companies, raising it from 12% to 24%, if it were to be approved. Congressman Lindbergh Farias, who is the leader of the Workers Party (PT), has been vocal about the bill, and he took to social media on Sunday (October 12) to share his stance in a one-minute video. The social media post, which has...
The Dutch gambling regulator, Kansspelautoriteit (Ksa), has warned that the illegal online gambling market is continuing to grow. This comes after the Ksa states the growth of the legal online gambling market appears to be stagnating. The number of players is reported to be increasing, but the gross game result of the legal market is lagging behind. In the first half of 2025, the gross game...
A man who accessed other people’s private data for use on gambling sites has been jailed in Wolverhampton, United Kingdom. Between 2018 and 2022, Ludek Fiurasek, 29, used leaked details from other cyberattacks to sign up to casino websites and gamble. He’s also been found guilty of paying for car parts and a games console using this method. During the investigation, police discovered that...
The ongoing case relating to Osceola County Sheriff Marcos Lopez and the illegal gambling ring he was allegedly involved in has gotten two new guilty pleas. After weeks of court cases and investigation, Sheldon Wetherholt and Sharon Fedrick both pleaded guilty and signed plea agreements in Lake County court. Fedrick pleaded guilty to paying bills related to the gambling ring, and Wetherholt was...
A Wisconsin-based tribe has just closed a new financing transaction, with $610 million secured which will be used to finance the construction of a flagship casino resort in Beloit. The Ho-Chunk Nation (HCN) is a federally recognized sovereign Tribal nation which has 7,766 enrolled members. Its headquarters are in Black River Falls, Wisconsin, and the Nation already owns and operates six gaming...
The Washington State Gambling Commission has issued a cease and desist notice to unlicensed Calcutta billiards operator Victory’s Auction Pro. Victory’s Auction Pro is alleged to be an organization running illegal Calcutta billiards tournaments in Washington. The Washington State Gambling Commission started the process of blocking its operations with an initial cease and desist notice on October...
The state of Massachusetts has filed a brief in opposition to financial services company Robinhood filing its own motion. After Robinhood filed a motion for a preliminary injunction, Massachusetts filed an opposing brief in response. The company had asked a judge last month to grant it an injunction against the state bodies to block them “from enforcing preempted Massachusetts law against...
A councilman for New York’s Prospect Park has been indicted on 18 charges related to an illegal gambling ring. Council President Anand Shah has been indicted on 18 charges related to allegedly participating in an illegal gambling ring, including several counts of money laundering and racketeering in the first degree and second degree charges of official misconduct, extortion, and third-degree...