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PAGCOR Flags Energy Pressure on Gaming Markets

The Philippine Amusement and Gaming Corporation (PAGCOR) has raised concerns about the impact of rising energy costs on the country's gaming markets. PAGCOR Chairman and CEO Alejandro H. Tengco highlighted that the increasing electricity prices could affect the...

Ohio Issues $5M Fine Notice to Kalshi

Ohio regulators have issued a $5 million fine notice to Kalshi, a prediction market platform, for allegedly operating without the necessary state licenses. The Ohio Casino Control Commission claims that Kalshi's activities violate state gambling laws. The company has...

Push Gaming Launches RetroVerse in Global Markets

Push Gaming has launched its latest slot game, RetroVerse, in global markets. The game features a nostalgic theme with vibrant graphics and engaging gameplay mechanics. RetroVerse includes various bonus features and multipliers designed to enhance player experience....

Hong Kong Delays Basketball Betting Rollout

Hong Kong has postponed the launch of basketball betting, initially set for October 2023, due to ongoing regulatory reviews. The decision comes as authorities assess the potential social impacts and ensure compliance with local laws. This delay marks a significant...

Prediction Markets Hit Record Week on Masters Surge

Prediction markets experienced a significant surge during the Masters golf tournament, reaching record activity levels. Bettors engaged heavily in wagering on various outcomes related to the event, reflecting heightened interest and participation. This uptick in...

US Sports Betting Use Rises as Concerns Also Grow

A recent report indicates that sports betting in the U.S. has seen a significant increase, with more states legalizing and regulating the activity. However, this rise in participation has also raised concerns regarding gambling addiction and its impact on vulnerable...

Hong Kong Delays Basketball Betting Rollout

Hong Kong has postponed the launch of basketball betting, originally scheduled for this month, due to concerns over regulatory compliance and the need for further consultation. The Hong Kong Jockey Club, responsible for managing the betting operations, stated that...

Beshear Blocks Kentucky Gaming Reform Bill

Kentucky Governor Andy Beshear has vetoed a gaming reform bill that aimed to expand sports betting and online gaming in the state. The bill, which had bipartisan support, sought to generate additional revenue for education and infrastructure. Beshear expressed...

Prediction Markets Hit Record Week on Masters Surge

Prediction markets experienced a significant surge during the Masters golf tournament, achieving record trading volumes. The excitement surrounding the event led to increased betting activity, with participants placing wagers on various outcomes related to the...

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