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PENN Entertainment, Inc. (PENN) has announced a new corporate organizational structure as part of a board-approved reshuffle. The move, says the leaders at PENN, is engineered to streamline roles and “sharpen strategic focus.” The top-level changes at the gaming giant come on the heels of multiple new 2025 physical locations and the end of the company’s deal with ESPN. PENN reshuffle attempts to...
This year’s season of the World Series of Poker (WSOP) is officially underway, with Choctaw Casino and Resort in Durant, Oklahoma, to offer poker players 18 WSOP Circuit ring events this January. These will take place from Wednesday, January 7, through to Monday, January 19, 2026. The $1,700 buy-in ‘No Limit Hold’em Main Event’ at Choctaw will have a $1,000,000 prize pool guarantee. Mark your...
A whopping 64% of Maine voters reject iGaming, with health, social and economic risks cited as factors for why they’re against it, according to a statewide poll. The survey, which included 500 people, was commissioned by the National Association Against iGaming (NAAiG), with the findings coming as Gov. Janet Mills has a narrow window between Wednesday to Friday this week to look at LD 1164, which...
Polymarket is entering into a new world as it signs a partnership with Parcl to bring real estate and housing prediction markets to life. The duo will see Parcl’s daily housing prices indices brought into a new suite of real estate predictions markets on Polymarket. It’ll introduce housing-focused areas which aim to give traders and analysts a data-driven reference point for forecasting where...
US sports and iGaming titan DraftKings has announced a partnership with Mindway AI to expand responsible gaming tools and resources. The main feature of the team-up is the Gamalyze system, which Mindway AI states is an award-winning tool that helps players map and track their gaming activity. Mindway AI and DraftKings team up Mindway AI published a statement discussing the feature being installed...
Sri Lanka has increased its casino entrance and gross collection levies for 2026, issuing a formal notice to operators and businesses. A formal notice from the Inland Revenue Department to casino operators and betting and gaming businesses in Sri Lanka on December 31 shows that the casino entrance levy and gross collection levy will increase in 2026. This is put into place by amendments made to...
More assets belonging to Chinese-Cambodian businessman Chen Zhi have reportedly been seized in the wake of an investigation into gambling fraud, money laundering and ‘pig butchering’ scams. According to the South China Morning Post, Hong Kong Police has frozen HKD 2.75 billion ($353 million) in assets, including cash, stocks and funds, after investigations linked the previously sanctioned Chinese...
A new US tax law could change the gambling experience for Americans in 2026, with President Donald Trump’s One Big Beautiful Bill Act (OBBBA) could see take-home winnings reduced. Do you have to pay tax on gambling winnings in the US? Where previously bettors could deduct all of their losses from their total winnings when calculating their taxable income, the provision would mean that only an...
Concerns around insider war trading are being raised after a Polymarket bet on the Venezuelan President Nicolas Maduro results in a $400,000 cashout. As pointed out by investor and podcaster Joe Pompliano on X, a brand-new Polymarket account invested more than $30,000 on January 2 in a bet that Maduro would leave power in Venezuela by January 31, 2026. Shortly after, the US then took him into...
After the Scotts Valley Band of Pomo Indians decided to move ahead with a temporary casino in Vallejo despite legal obstacles, a Yocha Dehe Wintun Nation spokesperson responded to the move. Plans by the Scotts Valley Band of Pomo Indians to open a casino in the city of Vallejo were met with opposition in March 2025, when the Yocha Dehe Wintun Nation and the Kletsel Dehe Nation filed a joint...