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Fourteen people have been charged with running a sports betting ring in New Jersey. Announced by the Attorney General, Matthew J. Platkin, the “multimillion” scheme was run by an organized crime operation. It comes as several sports leagues, such as the NBA, have faced similar scandals involving star players.
At the heart of the gambling ring is Joseph M. “Little Joe” Perna. The 55-year-old has...
New York is now formally examining whether it has the power to regulate prediction markets, with State Senator Joseph Addabbo Jr. telling ReadWrite he is already consulting with Senate legal counsel on a review that will guide potential legislative action when the new session begins in January.
In an exclusive conversation with ReadWrite, Addabbo said he is currently working to figure out what...
Mexico’s Ministry of Finance and Public Credit has shut down 13 casinos after a multi-month investigation into organized crime and money laundering.
Working with the Security Cabinet, the Ministry of Finance and Public Credit has identified 13 casinos as part of an investigation into organized crime and money laundering. It uncovered signs relating to cash operations, international transfers, and...
The Gambling Commission has published market impact data on UK gambling behavior and operator data for the first three quarters of 2025.
The UKGC has shared an update to the industry’s data and user behavior for 2025 so far, up to September of this year and covering online and in-person gambling throughout betting premises on UK high streets. The report tracks various industry trends, while also...
Flutter Entertainment has shared its Q3 earnings report, seeing revenue and player numbers rise while cash flow falls, leading to a net loss.
In its Q3 financial report, Flutter reported some highs and lows, with group revenues up 17% year-on-year, reaching a steady $3.79 billion. That’s in no small part due to steady customer growth, with the average monthly players rising by 9% to reach more...
Bragg Gaming Group posted a mixed set of results for Q3 2025, with revenue climbing to €26.8 million ($31.1 million) but taking a noticeable hit in the Netherlands where tighter regulations and higher taxes dragged down performance.
Netherlands regulations reduce Q3 growth for Bragg
The Canadian B2B iGaming company said: “Revenue increase of 20% (excluding The Netherlands)” while noting that “The...
A report by PwC for the Betting and Gaming Council (BGC) shows that increased UK gambling tax and regulation would both reduce tax revenue and encourage illegal offshore betting.
Hot on the heels of the BGC CEO’s warning that increased gambling taxes in the UK could see an uptick in black market operations, a report from PwC commissioned for the BGC has findings that echo his concerns....
New figures released by the Australian Communications and Media Authority (ACMA) show that 77% of people who are self-excluded from any form of online or phone wagering services have a much better quality of life.
The research, which was commissioned by the ACMA, also found that an improvement in mental health was registered by 79% of the participants, while 69% experienced better personal...
Regulated online gambling providers in Ontario will be able to offer services to those outside of Canada, setting a new legal precedent.
The Ontario Court of Appeal ruled on November 12 that regulated online gambling sites can legally allow Canadian users to play with those outside of Canada. The decision faced heavy opposition from other provinces throughout Canada, but opens the door for those...
Gambling giant FanDuel is entering the world of prediction markets with a new app, FanDuel Predicts, launched through a partnership with derivatives marketplace CME Group.
FanDuel has announced that it will launch a prediction markets app called FanDuel Predicts, subject to all the necessary regulatory filings. The app will offer sports event contracts for baseball, basketball, football, and...