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(AsiaGameHub) -   ADI Predictstreet has secured another major partnership in the sports industry, aligning with the global sports streaming service DAZN. This follows the recent announcement that the Gibraltar-based prediction platform became FIFA's official prediction market partner for the 2026 World Cup. DAZN, headquartered in London, will incorporate ADI Predictstreet into its service to bolster its offering of live and on-demand sports, scores, news, betting, gaming, and FanZone features. This agreement represents another alliance with a sports giant for ADI Predictstreet, coming just weeks after its formation. The platform itself experienced a hesitant launch last week, with all current markets showing $0 in wagers. Notably, a "join the waitlist" prompt suggests the service may still be in a pre-launch or soft launch phase. The display of USD instead of Gibraltar's GIP currency is also curious, as only Gibraltar residents are legally permitted to place bets. These factors may all point to an ongoing testing period before a full launch. ADI Predictstreet markets The company's activities will be closely monitored in the coming months as it scales operations ahead of and during the 2026 World Cup. According to DAZN, this partnership merges sports with prediction. ADI Predictstreet will provide interactive features and unique experiences linked to major sporting events. The company stated that prediction will become an integral "native part of the fan experience," allowing fans to interact with markets and gain probabilistic insights. “DAZN is redefining sports entertainment by making it more immersive, interactive and connected for every fan,” said Shay Segev, Chief Executive Officer of DAZN Group. “Partnering with ADI Predictstreet allows us to embed real‑time prediction directly into the live viewing experience, turning insight and sentiment into a native part of how fans engage with the world’s biggest sporting moments. “With the FIFA World Cup 2026 as a catalyst and our platform as the engine, this partnership is a major step forward in how fans experience sport.” The World Cup will act as a "launchpad," with the partnership covering DAZN's entire portfolio. ADI Predictstreet is planned for subsequent rollout across other major leagues and events to increase engagement further. ADI Predictstreet’s rocky start These significant deals provide their own momentum for the prediction market. Although it just received its first license in Gibraltar last month, partnerships with FIFA and DAZN are likely to provide crucial exposure for its launch. However, its rapid rise has attracted scrutiny. Questions have been raised about FIFA's choice of partner, while investigative reports have highlighted past controversies involving CEO Dimitrios Psarrakis and Principal Council Member Ajay Hans Raj Bhatia, who was photographed with FIFA President Gianni Infantino at the partnership announcement. Journalists have examined Psarrakis' connection to the 'Qatargate' scandal, and Bhatia is reported to have been involved in insider trading, allegedly paying £130,000 to India’s Security & Exchange Board (SEBI) to settle charges. In a statement to the Norwegian outlet Josimar, the company addressed criticism of Psarrakis: “Dimitrios has never been charged with any wrongdoing. Today, he remains a globally recognised blockchain expert and a speaker at top-tier universities, international organisations, as well as professional summits on FinTech, RegTech, Blockchain and the Digital Disruption of Banking and Financial Services around the globe.” Given this series of events, ADI Predictstreet was destined for media attention. After a controversial beginning, the company will now be looking toward a more successful future. Commenting on the deal, Psarrakis said: “This partnership marks a defining moment in how audiences will experience sport. By combining DAZN’s unmatched reach with ADI Predictstreet’s real-time participation layer, we are transforming fans from spectators into active participants. “This is not just an evolution of engagement, it is the creation of a new category where technology, collective intelligence, and global events intersect at scale.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   A probe into how easily minors in the Netherlands can access gambling services has resulted in increased collaboration between licensed operators and the country’s regulator, the Kansspelautoriteit (KSA). The regulator was prompted to launch the investigation in 2025 after receiving multiple reports of minors successfully creating accounts with legal online gambling providers. A small set of findings— which the KSA noted do not represent the overall state of the Dutch market— revealed that minors were bypassing strict ID checks during registration by using another person’s bank account, such as that of a parent or a legally aged friend. When the KSA approached online gambling providers to discuss the issue, it received feedback that there was no immediate solution available to address it. However, the regulator has now announced that such a solution “is now available” and will be highlighted during an upcoming technical session with the licensed sector, though the date of this session has not yet been disclosed. Overall, no serious violations were recorded, with the KSA concluding that it is “virtually impossible” for minors to gamble with licensed operators, and that this activity primarily occurs on black market gambling platforms. Michel Groothuizen, Chairman of the KSA, commented: “The KSA is deeply concerned about underage gambling. Fortunately, it turns out this rarely happens with license holders, but we do have clear signs that it still occurs.” “That activity takes place on the illegal market. Illegal providers often have no or low age verification standards and target this young demographic with advertising— for example, via TikTok. “This is extremely harmful, so the KSA is committed to combating illegal supply. We are also placing a stronger focus on educating minors to make them aware of the risks of gambling.” Legal action against offshore operators has been ramping up recently in the Netherlands. Novatech and Fortaprime SRL were the latest to face penalties from the KSA, with fines of €24.9m and €1.8m respectively. It appears the licensed market has had enough of Novatech in particular, as Nederlandse Loterij— the largest legal gambling operator in the domestic market— has initiated its own legal action against the offshore competitor, at a time when channelisation rates are constantly threatened by the growing prominence of illegal gambling. Want to hear more stories like this? Check out the new SBC Media YouTube Channel, the new home of all multimedia content at SBC, where our team deep-dives into the biggest stories across the sports betting, iGaming, affiliate and payments industries. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   A national media organization in Curaçao is now casting doubt on the nation's gambling laws after the Nederlandse Loterij initiated legal action against Qbet, which is owned by Novatech. This development follows the Nederlandse Loterij describing the Curaçao-based and licensed operator as "the largest illegal gambling site" in the Netherlands. It also comes after a series of fines have been issued in the Netherlands and throughout Europe to companies headquartered in Curaçao. Numerous firms holding Curaçao licenses, such as Stake, Santeda International, and the previously mentioned Novatech, have repeatedly appeared in regulatory statements. The last two companies also manage a vast network of subsidiaries that have faced fines or investigation for either having weak security protocols or for operating in jurisdictions where they are not authorized. This situation has started to worry the country's media, which is beginning to voice apprehensions regarding the Curaçao Gaming Authority (CGA). An anonymous opinion piece in the Curaçao Chronicle stated: “For years, Curaçao has been known as one of the world’s most accessible licensing hubs for online gambling. That position has brought economic benefits, from licensing fees to international business activity. “But it has also created a system where the line between legitimate operations and questionable practices is often blurred. “The current case in The Hague reflects a shift in how regulators are approaching the problem. Authorities are no longer focusing solely on the visible front end – the gambling websites themselves – but are increasingly targeting the infrastructure behind them. “Trust offices, payment processors, and corporate structures are now part of the legal conversation. That shift matters for Curaçao. “Because whether policymakers on the island like it or not, Curaçao is part of that infrastructure. The presence of locally registered entities in international cases is not incidental. It is structural. And that means the island cannot dismiss these developments as foreign legal disputes with no local relevance.” The debate also highlights wider fears about Curaçao's standing internationally. As regulators worldwide intensify their examination of online gambling, there is a growing recognition that being viewed as having lax supervision could negatively impact the island's entire financial services industry. Concurrently, industry representatives point out that corporate service providers are not enforcement agencies and might have limited insight into their clients' international operations. Fraud specialist Alex Wood, who investigated the unlicensed market and directly experienced the risks these sites pose to consumers, shared this view. He managed to register on certain sites, many of which are owned by Santeda, using identities of fictional characters, racehorse trainers, racehorses, and individuals below the legal gambling age. Nevertheless, he cautioned that legally confronting these operators would be a monumental challenge, as payment service providers and social media platforms also benefit from the expansion of the black market. Wood stated plainly: “When it’s cross-border like that, it’s impossible.” However, calls from the Curaçao media to strengthen gambling regulations could mark a pivotal moment. If domestically licensed operators faced more rigorous rules, the spread of their brands into illegal markets might be reduced. The Curaçao Gaming Authority, despite being a popular jurisdiction for operators, has been relatively lenient in addressing international problems related to its licensees conducting illegal activities. In July 2025, the regulator reached an out-of-court settlement amounting to 360,000 Caribbean Guilder (£148,700) with 12 anonymous online casino operators, following a criminal probe that uncovered extensive shortcomings in verifying player identities. This amounts to a fine of approximately £12,391.67 per operator—a trifling sum relative to the revenues these companies are likely generating. Curaçao Gaming Authority introduces new reforms Reforms unveiled today could signal a move toward more stringent regulations, as the authority rolls out new compliance guidelines as part of a comprehensive restructuring of the island's gambling industry under the National Ordinance for Games of Chance (LOK). The rules, set to take effect starting in October 2026, mandate that licensed operators bolster their terms and conditions and adhere to more rigorous regulatory standards. These changes prioritize transparency and consumer protection, with the goal of improving the jurisdiction's credibility and its heavily criticized reputation. Operators are required to provide clear, easy-to-understand terms, guarantee that users explicitly accept them, and openly disclose their identity verification and anti-money laundering processes. The updated framework also brings in tougher penalties, where non-compliant businesses risk fines, license suspension, or cancellation, indicating a potential island-wide move to a more strictly controlled setting. However, as suggested by the country's own media, these new rules might be insufficient. The article went on: “Laws on paper are not enough. What matters is enforcement, consistency, and the willingness to act when standards are not met. “There is also a reputational dimension that cannot be ignored. In an increasingly interconnected world, perception matters. If Curaçao is seen as a weak link in the global regulatory chain, that perception will have consequences, not only for the gambling sector but for the broader financial services industry. “The island faces a clear choice. It can continue to operate in a reactive mode, responding to international pressure case by case, or it can take a proactive approach and define its own standards for what responsible participation in the global digital economy looks like. “The ongoing case in the Netherlands is not just a legal dispute abroad. It is a mirror. And what Curaçao chooses to see – and to do – will shape its position in the global economy for years to come.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Kambi is expanding beyond the sports betting sector through a collaboration with Google, seeking to improve the tech giant's esports offerings. Under this agreement, Kambi will supply Google with various esports data sets, such as schedules, match results, statistics, team and player details, and scores. The covered titles feature major games like League of Legends, Counter-Strike, Dota 2 and Valorant. These data packages come from Abios, Kambi's dedicated esports arm. Werner Becher, Chief Executive Officer of Kambi Group, stated: “Teaming up with Google marks a major milestone for Kambi and Abios, serving as a strong validation of the sophisticated data infrastructure and expertise we've built over the years. “Leveraging Google's worldwide reach, this partnership will enhance how global audiences access and experience esports data.” Notably, the agreement does not mention gambling. This seems to be Kambi's first venture outside its traditional betting and gaming market, where it has operated since starting in 2010. Established in Sweden with its main office in Malta, Kambi originally had Swedish B2C betting firm Kindred as a majority stakeholder until a sale in 2014.  Over the next nine years, Kambi gained greater independence from Kindred, finishing with the full repayment of a multi-million euro loan in 2023. Nevertheless, Kindred and its Unibet and 32red brands—currently under French group FDJ United—continue to be a major client for Kambi. The Google partnership comes after a busy period for Kambi in the sportsbook sector, during which it signed agreements to provide its technology and data to entities such as France's PMU, Swedish peer Comeon Group, and Finnish startup SuomiVeto. For its part, the IT and search behemoth Google notes that it intends to deliver more comprehensive esports features to fans via Google Search and the Google App.  Marvin Brischke, EMEA Sports Partnerships Lead at Google, commented: “Esports is seeing rising global popularity, and we are happy to collaborate with Kambi and Abios to expand the range of esports information we offer our users.” Interested in more similar stories? Visit the new SBC Media YouTube Channel, the central hub for SBC's multimedia content, featuring in-depth analysis of major trends in the sports betting, iGaming, affiliate, and payments sectors. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   BC.GAME has launched operations in Nigeria after obtaining a license from the Lagos State Lotteries and Gaming Authority. The platform is now live on bcbet.ng, offering sportsbook and casino products customized for the local market. Good to Know BC.GAME stated Nigeria marks its second regulated market launch. The platform now supports the Nigerian Naira. The launch includes revamped navigation, enhanced support pages, and improved payment-related communication. BC.GAME Launches Nigerian Site With Lagos License Instead of focusing solely on product volume for the launch, BC.GAME is placing equal emphasis on local accessibility and platform clarity. The company noted that Nigerian players can access sportsbook and casino services via a dedicated local domain, with Nigerian Naira (NGN) support integrated into the rollout. Nigeria follows Kenya in BC.GAME’s regulated market expansion strategy. The company said this new launch is its second in a regulated market, coming after securing a Kenyan license last year. It also holds a license in Anjouan as it pursues long-term growth across multiple jurisdictions. The operator linked part of its Nigeria launch to user-facing platform updates. BC.GAME mentioned it has added more intuitive navigation, structured support resources, and clearer communication around payment and account processes. Additionally, it expanded user guidance to boost transparency around core service features.CEO Kar Kheng Giam said: “Today’s user experience is closely tied to clarity, consistency, and transparency. As we expand into new regulated markets like Nigeria, we’re focused on making the platform easier to understand while continuing to enhance how we communicate with our users. “Nigeria is home to one of the world’s most passionate sports fanbases, with a strong football culture and rapidly growing interest in digital gaming. This launch allows us to bring these elements together in a market with significant long-term potential.” For BC.GAME, entering Nigeria is another step in its broader regulated market plan. For the local market, it introduces an additional licensed sportsbook and casino brand at a time when operators are seeking stronger regional positioning across Africa. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   LiveScore saw growth in FY25, with the UK contributing the majority of this progress. That said, a heavier tax burden now looms over 2026, which could place new pressure on profit margins. Good to Know FY25 total turnover rose 15% to £206.3m. UK-based turnover climbed 26% to £175.6m and made up 85% of the group’s total revenue. Regulus Partners estimates extra UK tax costs of £20m to £25m from April. UK Growth Boosts LiveScore But Tax Pressure Mounts LiveScore Group reported turnover of £206.3m for the 12 months to 31 March 2025, up 15% year on year. The UK drove that result, with turnover up 26% to £175.6m. That left the market accounting for 85% of total group revenue. Regulus Partners noted that LiveScore beat the wider UK market. In a note released on Monday, the firm said LiveScore Bet and Virgin Bet outperformed market growth by 20 percentage points. Outside the UK, the picture was weaker. European turnover fell 29% to £16.3m after LiveScore shut its Netherlands operation in November 2024 under tighter regulatory pressure. That exit created a £6m headwind during the period. Rest of world turnover also dropped, down 14% to £14.4m. Regulus said that may reflect softness in Nigeria. The business mix stayed heavily consumer led. B2C made up 90% of FY25 turnover, while B2B advertising contributed 9%. Losses narrowed, but the group still finished in the red. Gross profit rose 14% to £158m, while cost of sales increased 18% to £48.4m. Operating loss improved to £26.7m from £50.7m a year earlier. EBITDA loss improved 61% to £15.2m. Part of the cost base came from internal changes. In November 2024, the group booked £3m in restructuring and streamlining costs, listed as redundancy expenses. LiveScore said the lower loss came from gross profit growth outpacing continued spending on marketing and the LiveScore brand. The main issue now is tax. From April, the UK burden rose to 40% of GGR after the Remote Gaming Duty increase. Regulus estimates that could add £20m to £25m in extra costs before any mitigation. LiveScore also pushed beyond the UK during the period. Virgin Bet launched in South Africa in March, giving the group its first market outside Britain. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   As AI-driven fraud becomes more difficult to detect, Slotegrator is urging operators to stop viewing defensive measures as optional. A new report from the provider concentrates on how online casinos and sportsbooks can adapt as deepfakes, synthetic identities, and bonus abuse grow increasingly sophisticated. Good to Know Slotegrator states the guide is designed for online casino and sportsbook operators confronting AI-powered fraud. The 16-page publication features a 13-point checklist for fraud protection. The company asserts that standard KYC checks are no longer sufficient by themselves as fraudulent tactics continually evolve. Slotegrator Pushes Operators Toward AI Led Fraud Defence The core message is straightforward. Fraud prevention teams can no longer depend on a single checkpoint. Slotegrator advises that online casinos and sportsbooks require tools that monitor, analyze, and respond more swiftly as cybercriminals leverage AI to bypass older security measures. The guide recommends operators plan for the potential failure of their first line of defence and build their strategy accordingly. This warning comes at a time when issues like bonus abuse, account takeover, deepfake-enabled verification fraud, and the use of synthetic identities are receiving heightened focus across the online gambling sector. Slotegrator positions AI tools as indispensable, not merely optional extras, contending that contemporary fraud challenges exceed the capacity of manual review teams alone. Olga Ivanchik, COO at Slotegrator, said:“Ultimately, the law of survival of the fittest will prevail. Brands that embrace the new reality by implementing AI tools will withstand the very threats that overwhelm competitors clinging to outdated methods.” The report targets both new and established operators. On the product front, Slotegrator notes AI is already utilized in adaptive user experience, real-time marketing, predictive lifetime value modelling, and risk management. The publication contends fraud prevention now demands equal priority. About the report While concise at 16 pages, the report is structured to provide operators with a practical outlook on the future direction of fraud threats. Moving beyond a superficial analysis, Slotegrator merges a wide-ranging threat assessment with a more actionable response framework. This incorporates a 13-point fraud checklist centered on behavioural signals and operational data points that online casinos and sportsbooks ought to monitor more rigorously. A significant portion of the report examines the evolution of fraudulent techniques. Slotegrator reviews well-known risks like account takeover and bonus abuse, but the more pointed insight is how AI is rendering older security controls less effective. Deepfake technology, for instance, is intensifying the strain on KYC systems, as even liveness checks and identity verifications can be more readily falsified. In this environment, the report maintains that document verification alone is inadequate.Consequently, the guide places greater emphasis on behavioural monitoring. Slotegrator advocates that operators must observe how users behave throughout the platform, not merely validate uploaded documents. This comprehensive perspective is presented as a primary method for detecting suspicious activity sooner, particularly as synthetic identities and AI-aided fraud grow more challenging to identify at the point of entry. The report also incorporates current fraud statistics to illustrate the pervasiveness of the problem and the potential harm it can inflict on iGaming companies. Additionally, Slotegrator uses the publication to detail how its proprietary anti-fraud solutions are designed to assist operators in identifying, evaluating, and addressing risks in real time. In summary, the intended audience is evident. Slotegrator is communicating directly with online casino and sportsbook operators seeking to minimize their vulnerability to AI-powered fraud and strengthen risk management before these threats expand further. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Thai police have detained Pei Min Si following a dawn raid in Pattaya on April 9. Officials connected him to the Shwe Kokko online gambling network and acted pursuant to a warrant request from the Chinese Embassy in Bangkok. Good to Know Pei Min Si was apprehended by police at a Pattaya hideout on April 9. Officials have associated the network with 239 distinct channels and upwards of 330,000 active participants. According to investigators, the enterprise has produced THB13.18 billion in revenue since 2016. Thailand Arrest Brings Shwe Kokko Network Back into Spotlight This apprehension brings a protracted case back into the spotlight. The Chiang Rai Times identified Pei as “a key figure” within Myanmar’s illicit iGaming sector, with investigators connecting the broader enterprise to over 239 channels and more than 330,000 active users spanning 31 Chinese provinces. Since online gambling is prohibited in China and legal land-based casino gaming is restricted to Macau, this clarifies why Beijing maintains pressure on cases involving cross-border betting groups located near Myanmar's border regions. According to authorities, Pei has been a fugitive since May 2024, when he exited Thailand for Laos using a Chinese passport. In August 2025, he reportedly re-entered Thailand utilizing a “golden passport” from St. Kitts and Nevis.This pathway to citizenship has previously attracted criticism. St. Kitts and Nevis’s citizenship-by-investment program enables applicants to obtain nationality via a donation of at least $250,000, the acquisition of private real estate worth no less than $600,000, or an investment of a minimum $325,000 in an approved project. Police indicate that cost was likely not an impediment. Since 2016, officials have connected the gambling ring to a turnover of THB13.18 billion (approximately $409.8 million) and profits nearing THB2.4 billion. The Shwe Kokko group continues to be pivotal to the case. Myanmar has stated it is cracking down on illicit iGaming and cyber fraud in the border region, an area frequently labeled as the scam hub of Myanmar. During recent operations, police confiscated and dismantled 3,300 computers and almost 22,000 mobile phones purportedly utilized for placing online wagers. However, external scrutiny remains. The New York Times characterized these raids as “performative,” suggesting the Myanmar military junta employed them to alleviate pressure from Beijing instead of dismantling the broader criminal infrastructure.Chinese officials regard the issue as part of a significantly broader criminal landscape. Legal cases associated with these networks frequently intersect with kidnapping, forced labor, telecommunications fraud, drug manufacturing, and narcotics distribution. In February, China executed 11 individuals from the Ming family in Myanmar following their convictions for telecom fraud, drug trafficking, and murder. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   PG Soft has expanded its portfolio with the launch of Perfect Strike, a new bowling-themed slot designed primarily for mobile. The game utilizes a classic 3x3 reel grid. Perfect Strike is centered around two key mechanics. The first is a Respin Feature, triggered by landing three or more Trophy symbols. These symbols lock in place for a respin, and the feature continues with each new Trophy symbol that lands. It concludes when no further Trophy symbols appear, with awards calculated from the accumulated symbols and limited to 200x the stake. The developer has also included a randomly awarded Free Spins Feature. This bonus awards 10 free spins, during which every win is boosted by a random multiplier of x2, x5, or x10. According to the provider, the game offers a top prize of up to 4,000 times the original bet. A company representative commented: “Perfect Strike features a cool reel set-up that’s as slick as the lanes themselves. The Respin Feature reflects the nail-biting moments when the game’s reaching its climax as players chase the perfect game!” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Betsson has indicated a less robust first quarter, attributing the decline in margins to increased taxes, a shift in revenue composition, and a downturn in B2B income. While the full financial results are scheduled for release on April 24, the preliminary outlook suggests a modest decrease in revenue accompanied by a more significant drop in profit. Key Takeaways Betsson anticipates Q1 revenue of 285 million euro, marking a 3 percent decrease compared to the previous year. EBIT is projected to be 34 million euro, down from 64 million euro. Early trading in Q2 has shown improvement, with daily revenue increasing by 9 percent as of April 8. The Stockholm-listed company reported that first-quarter revenue is expected to reach 285 million euro, a decrease from 294 million euro in the prior year. EBIT is forecast to decline by 47 percent to 34 million euro from 64 million euro, with heightened tax burdens being a primary factor. Regional performance varied. Latin America saw an increase to 93 million euro from 75 million euro, and Western Europe improved to 61 million euro from 56 million euro. Conversely, CEECA experienced a decline, falling to 96 million euro from 122 million euro. The Nordic region also saw a decrease, dropping to 31 million euro from 38 million euro. Product segment performance was also mixed. Sportsbook revenue remained stable at 80 million euro. Casino revenue decreased by 8 million euro to 204 million euro. The most substantial impact came from the B2B segment, where revenue fell to 51 million euro from 90 million euro, resulting in this unit contributing only 18 percent of the group's total revenue.Investor reaction was swift. Betsson shares experienced a sharp decline from 104.8 SEK to 81.95 SEK within minutes before partially recovering to 91.30 SEK, still representing a drop of over 13 percent for the day. Chief executive Pontus Lindwall stated: “Our B2B business continues to be weighed down by lower revenue at one of our customers.” He added: “However, since the start of December, this B2B customer has seen a stabilisation in average activity levels.” He also emphasized a longer-term perspective, commenting:“In the slightly longer term, I am excited about growing our B2B revenue with existing and new partners, as we continue to follow our strategy to generate shareholder value over time.” Regarding the consumer-facing business, Lindwall remarked: “Our B2C business continues to perform well overall with good growth and significant contribution to operating income.” “Nevertheless, we are investing in several B2C markets that are not yet profitable, negatively affecting total EBIT by approximately €10-15m on a quarterly basis. “We still believe that these markets have potential to become profitable but continuously monitor and evaluate their performance and prospects.” Betsson entered the quarter following a mixed performance in 2025. Full-year revenue increased by 8 percent to 1.197 billion euro, while earnings saw a 1 percent decline to 313.7 million euro, partly due to increased tax pressures becoming more evident in the fourth quarter.A positive indicator was also present in the update. Betsson reported that average daily revenue in early Q2 had risen by 9 percent year-on-year through April 8, and sportsbook margins were performing above the eight-quarter average. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Spinomenal has launched 3 Fortune Mummies, a brand-new Hold & Hit slot centered on an ancient Egyptian tomb theme, with a bonus round filled with modifier symbols. The game features a Wild represented as a gold pointed pyramid, which replaces all symbols except for Bonus, Boost, Collect, Multi, and Jackpot icons. The bulk of the in-game action revolves around four special bonus symbols: Boost, Multi, Collect, and a Mystery Symbol that only appears during the Bonus Game. Spinomenal noted that Boost can apply a random bet-based value of x2, x3, x4, x5, x7, or x10 to all symbols on the reels. Multi adds a random x2, x3, or x5 multiplier. Collect pulls in the values from all Bonus symbols visible on the screen. The Mystery Symbol can transform into Boost, Multi, Collect, or a Jackpot symbol while the bonus round is active. A Bonus Blast Feature is also available, which can add extra Bonus and Bonus Collect symbols to the reels. The Bonus Game triggers when 6 or more qualifying symbols land in a single spin. These symbols lock into position and award players 3 bonus spins. During this feature, empty spots can be filled with prizes ranging from x1 to x10 the total bet, alongside the Mini prize at x20, Minor at x50, and Major at x150. Each new symbol that lands resets the spin counter back to 3. The round ends after 3 consecutive spins without any new symbol landing, or when the maximum x3,000 multiplier is hit. Filling the entire grid unlocks the Grand Jackpot, which is worth x3,000 the total bet. Co-CEO Omer Henya commented: “3 Fortune Mummies takes the best elements of Hold & Hit gameplay and wraps it in the grandeur of ancient Egypt. The four Special Bonus symbols make every Bonus Game feel unpredictable and rewarding, and the x3,000 Grand Jackpot means stakes are always high. This is a title that will keep players coming back to uncover its hidden riches.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   The second half of 2026 appears set to bring more of a regional realignment than a nationwide expansion wave. New casino supply, hotel additions, and property upgrades are already underway, with most competitive pressure landing at the local level, where established demand will face off against fresh competition. 8 Casino Projects Propelling the Next Stage of the U.S. Market in 2026 Casino operators are investing in assets already in development rather than pursuing broad national market expansion. This means timing, location, and product mix matter more than sheer scale. In multiple markets, even a single new opening or property upgrade could shift market share, boost overnight visitor traffic, or reset performance targets. Hollywood Casino Aurora – PENN Entertainment is scheduled to open Hollywood Casino Aurora on June 24. During 2026 investor communications, CEO Jay Snowden described the venue as a “premium entertainment destination” for the Chicago area, noting easier access and a wider range of amenities compared to the older riverboat property. Hollywood Casino Columbus – PENN also plans to open a new hotel at Hollywood Casino Columbus on June 12. This project aligns with a clear asset upgrade strategy focused on driving stronger on-site spending and expanding its stay-and-play offerings. Ho-Chunk Gaming Beloit – Ho-Chunk Gaming Beloit is still targeting a September 2026 opening. Local leaders have framed the property as a way to attract cross-border demand and build tourism traffic. Cedar Crossing Casino – In Iowa, Cedar Crossing Casino remains on track to open in late 2026. Local planning efforts have tied the project to broader regional economic goals, giving it more significance than a standard standalone property opening. Graton Resort & Casino – In California, Graton Resort & Casino is adding a large smoke-free gaming area. This is a direct product adjustment within an established market, aimed at broadening appeal across different guest segments. North Fork Mono Casino & Resort – North Fork Mono Casino & Resort is still projected to open in 2026. Official messaging has focused on job creation and increased scale for the Central Valley market. Coushatta Casino Resort – Coushatta Casino Resort plans to open a new hotel tower in May. General Manager Nate Tanner stated that this investment is part of the property’s long-term strategic plan, with a greater focus on overnight guests and group business. Hard Rock Hotel & Casino Atlantic City – Hard Rock Hotel & Casino Atlantic City confirmed a $50 million capital program in early 2026. President George Goldhoff said the expenditure reflects an ongoing commitment to reinvestment and long-term market position. Elsewhere, Hard Rock International continues to lean into destination resort development, including the Lake Texoma project, while in Las Vegas the focus remains on reinvestment rather than new casino supply. Strip-based operators are still allocating capital to room renovations, gaming floor updates, and premium experience upgrades. Hard Rock International’s planned remake of the former Mirage property is also shaping competitive strategies even before its opening. Chicago still holds one of the largest long-range projects in the development pipeline. Bally’s Corporation is continuing work on its permanent resort there, and CEO Robeson Reeves has described it as a long-term investment in a major urban market, with expected tourism and local economic benefits once completed. The opening is still further out, but the project already carries significant importance. All told, the active project pipeline points to a more competitive second half of 2026 built on strategic precision. The most notable impacts will be felt in regional casino markets, where even limited new supply can shift demand, hotel room night bookings, and revenue mixes. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Washington D.C. is preparing to debate legislation that would legalize real-money online gambling while prohibiting sweepstakes-style casino sites. The bill is scheduled for consideration by the Committee on Human Services on April 21. Good to Know Bill 260656 would tax adjusted gross gaming revenue at 25%. Operators would pay a 2 million dollar licensing fee. Sweepstakes style dual currency platforms would be barred. DC Ties iGaming Legalization to a Sweepstakes Ban Councilmember Wendell Felder presented the Internet Gaming and Consumer Protection Act of 2026 on April 9. Known as Council Bill 260656, the legislation would grant regulatory authority to the Office of Lottery and Gaming upon approval. The initiative has a dual purpose. It establishes a framework for licensed online gambling operators while simultaneously banning platforms that utilize a dual-currency sweepstakes model, which allows virtual credits to be exchanged for cash. This aspect aligns the bill with a broader national policy effort to distinguish regulated iGaming from sweepstakes casino operations. Under the proposed law, operators would be required to obtain licenses, adhere to compliance regulations, and verify a user's identity and location prior to accepting wagers. The minimum legal gambling age would be set at 21. Mandatory safeguards would involve geolocation technology and cybersecurity protocols to ensure betting occurs only within authorized zones and to secure customer information.The taxation component is straightforward. The legislation would impose a 25% tax on adjusted gross gaming revenue and mandate a $2 million licensing fee. The resulting revenue would be allocated to community and social initiatives, such as behavioral health support and problem gambling programs. Supporters of the bill cite states like New Jersey and Michigan, where regulated iGaming has generated significant tax income alongside enhanced consumer safeguards. The D.C. proposal mirrors this approach by incorporating player protections like deposit limits, self-exclusion options, and activity monitoring. A specific timeline is also outlined. Should the bill be enacted, regulators would have 90 days to establish final rules. An operational launch could then occur within 180 days. FAQ What is DC Bill 260656? Bill 260656, titled the Internet Gaming and Consumer Protection Act of 2026, is a legislative proposal to authorize real-money online gambling in Washington D.C.When will the DC iGaming bill be discussed? A hearing for the bill is set for April 21 in front of the Committee on Human Services. What tax rate would the bill set for iGaming operators? The bill proposes a 25% tax on adjusted gross gaming revenue. Would the bill ban sweepstakes casinos? Yes. The legislation would prohibit dual-currency gambling platforms that permit the conversion of virtual funds into cash. What would operators need to pay for a license? Operators would be subject to a $2 million license fee. What player safeguards are included in the bill? The proposal contains deposit limits, self-exclusion mechanisms, user activity monitoring, identity verification, geolocation, and cybersecurity standards. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Optimove reports that March 2026 signaled a recovery for the US online gaming sector following a period of stagnation throughout late 2025 and early 2026. While there were increases in deposit activity, casino wagering, and sports betting, player retention saw a decline, and international markets continued to demonstrate more consistent engagement patterns. Key Takeaways The average US deposit rose to $726 in March 2026, up from $611. Average US sports betting volume saw a 27.3% month-over-month increase, reaching $937. US player retention dipped to 64%, whereas the global retention rate climbed to 74%. March Boosts US Spending While Global Markets Maintain Stability The Optimove US Gaming Pulse Report analyzed data comparing the United States to global online gaming trends between March 2025 and March 2026. The study utilized a sample size averaging 3.2 million active monthly players in the US and 21 million globally over a 12-month period. March served as a rebound month for the US, with growth observed in deposit volumes, casino and sports betting, player acquisition, and frequency of play. This surge is largely attributed to the impact of March Madness on sports wagering. US players continue to outspend their global counterparts significantly. In March, the average monthly deposit in the US climbed 18.8% to $726, compared to $611 in February. Conversely, the global average remained relatively static, moving from $233 to $236. Over the full 12-month period, the US averaged $587 in deposits versus $229 globally.After months of decline, casino spending also saw an uptick. The average monthly US casino bet increased from $5,903 in February to $6,663 in March. Despite this growth, the 12-month US average remains at $7,252, highlighting the extent of the market's previous downturn. Global casino betting remained stable, shifting from $1,329 to $1,346, with a 12-month average of $1,385. Regarding player growth, the US market presents a more challenging picture. While the growth rate for casino bettors rose from 66% in February to 75% in March, it remains significantly lower than the 105% global figure. The 12-month averages were 82% for the US and 108% globally, indicating that while US casino player value is high, the expansion of the player base is lagging. Sports betting experienced the most significant month-over-month growth. The average monthly US sports bet rose 27.3%, from $736 in February to $937 in March. The global average saw a minor decrease from $425 to $422. Over the 12-month span, the US maintained a lead with $923 compared to $407 globally. Growth in sports bettors followed a similar trend. The US rate improved from 64% in February to 81% in March, while the global rate held steady at 107%. Even with this recovery, the US remains below its baseline and trails the global market.Activity frequency also favored international markets. US players averaged 7.9 days of activity in March, up from 6.8 in February, while global players increased from 8.8 to 9.4 days. Over the 12-month period, the US averaged 7.9 days compared to 9.1 days globally, reinforcing the report's conclusion that while US players wager higher amounts, global players engage more frequently. Retention remains a primary concern. Active customer retention in the US fell from 67% in February to 64% in March, while global retention improved from 72% to 74%. The 12-month average retention stands at 68% for the US and 71% globally, suggesting that the March spending recovery was not matched by improved player loyalty. The report characterizes the US market as one of higher value but lower stability. Although US players deposit and wager more, the global market demonstrates superior consistency in terms of activity, growth, and retention. While March provided a positive shift for the US, a significant gap in player stickiness persists. FAQ What were Optimove's findings regarding US online gaming in March 2026? Optimove identified March as a recovery period for the US, characterized by increased deposits, higher betting volumes, and improved player activity. What was the average US deposit amount in March 2026? The average monthly deposit in the US rose to $726, up from $611 in February. What was the average US sports betting amount in March 2026? The average monthly sports bet in the US increased to $937 in March, up from $736 in February.Did US market retention see an improvement? No, active customer retention in the US declined from 67% in February to 64% in March. How did the activity frequency of global players compare to US players? Global players averaged 9.4 activity days in March, whereas US players averaged 7.9 days. What is the primary difference between the US and global markets? The US market generates higher player value, while the global market exhibits greater consistency in player activity, growth, and retention. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   New York's sports betting market saw contrasting results in March. While the total amount wagered declined compared to the previous year, operator earnings surged significantly due to an improved win percentage during a peak period for college basketball. Good to Know New York online sportsbooks accepted $2.32 billion in wagers during March, a 4.5% decrease from March 2025. Gross revenue rose to $217.3 million, an increase of 34.3%, with a hold rate of 9.4%. FanDuel was the market leader in both handle and revenue, and DraftKings also achieved a double-digit win rate. Higher Hold Offsets Lower Betting Volume in New York According to the New York State Gaming Commission, the total handle for March was $2.32 billion from eight online sportsbooks. This figure was lower than the $2.43 billion recorded a year prior, marking the second consecutive month without annual growth in handle. However, betting activity increased by 15% from February, boosted by conference tournaments, the NCAA Tournament, and MLB Opening Day. This also represented the eighth month in a row that New York's handle remained above $2 billion. The revenue picture was markedly different. Gross revenue climbed to $217.3 million, a 34.3% year-over-year increase. Sportsbooks retained 9.4% of all wagers, a win rate nearly three percentage points higher than the previous March. Unexpected outcomes in the NCAA Tournament and a reduced number of top-seeded teams advancing to the semifinals contributed to the stronger performance. This March generated the highest revenue since the launch of online sports betting in New York in 2022. It was also the market's best operator win rate recorded during the month of the NCAA Tournament. State tax revenue for March amounted to $110.8 million, bringing the total tax collected year-to-date to $328 million.FanDuel was responsible for the largest share of the results. It processed $811.1 million in bets and earned $87.4 million in gross revenue, achieving a hold of 10.8%. This revenue total was over $27 million higher than in March 2025. DraftKings also surpassed a double-digit hold, generating $77.5 million in revenue from a handle of $758.4 million. Fanatics Sportsbook surpassed $300 million in monthly handle for the first time since August, concluding the month with $302.8 million in wagers and $15.7 million in revenue. Bettors fared better on this platform, resulting in a hold rate below 5.2%. BetMGM experienced a softer period, producing $11.7 million in revenue from $193.3 million in wagers for a hold just under 6%. Caesars reported $14.2 million in revenue from a $152 million handle, holding above 9%. Among the smaller operators, BetRivers accepted $52.4 million in wagers and recorded $4.9 million in gross revenue. This handle was more than $8 million greater than theScore Bet, which posted $4.1 million in revenue. Bally Bet handled $14 million and delivered the strongest hold among the smaller operators at 12.1%. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   World-famous DJ Oliver Heldens is set to headline INFINITY Florida for its much-awaited second edition, marking an electrifying end to SBC Summit Americas. Happening on Thursday, June 11, at Miami’s DAER Nightclub and Dayclub, the official closing party guarantees a memorable evening where guests can network, toast the week’s successes, and immerse themselves in a top-tier EDM experience. First launched in Lisbon in 2024, the INFINITY brand made its Florida premiere in 2025, featuring an unforgettable headlining set by Steve Aoki. By blending elite DJs with premium production values, pyrotechnics, laser displays, and free drinks, it creates a festival-like vibe that’s become a signature element of the SBC experience. Previous performers include Afrojack, Alok, Darude, Dubdogz, Galantis, Timmy Trumpet, and Öwnboss. “INFINITY Florida is where we elevate the experience beyond the ordinary. It’s not just about making connections—it’s about crafting a night that guests will remember forever,” stated Rasmus Sojmark, Founder and CEO of SBC. “Oliver Heldens is the ideal artist for this. He brings massive energy, impactful moments, and a set that keeps the audience dancing nonstop from beginning to end.” Oliver Heldens is a Dutch DJ, producer, and radio personality who’s emerged as one of the most well-known figures in electronic music, racking up more than 4 billion streams across the globe. With over 10 years in the industry, he’s earned a reputation for fusing house, techno, and pop elements into a unique sound that’s solidified his place as a mainstay in the international dance community. His breakthrough came in 2013 with ‘Gecko’, a track that achieved triple platinum status and topped the UK charts after a collaboration with Becky Hill. Since then, Heldens has dropped globally popular tracks like ‘Last All Night (Koala)’, ‘The Right Song’, and ‘Turn Me On’, and collaborated with A-list artists including Nile Rodgers, Kylie Minogue, David Guetta, and Armin van Buuren. He’s also remixed songs for acts like Dua Lipa, Calvin Harris, Coldplay, Depeche Mode, Jamiroquai, and Justin Timberlake. Famous for his dynamic, high-energy performances, he now entertains over 2 million fans annually. In 2025 alone, he headlined events at the Indianapolis 500, F1 Dutch Grand Prix, Ultra Music Festival Miami, Tomorrowland, Creamfields, and London’s O2 Academy Brixton. In addition to his own music, Heldens has left a lasting impact through his record label ventures. In 2015, he founded HelDeep Records to support up-and-coming producers and DJs, and the label has since backed artists like ALOK, Chocolate Puma, and Dada Life. He expanded his label lineup in 2020 with OH2 and in 2023 with HILOMATIK, strengthening his influence across various subgenres of electronic music. In 2015, Heldens ventured into a darker, more high-energy techno sound under his HI-LO moniker, making his debut with the track ‘Renegade Mastah’. This project has since become a standalone success, gaining support from industry leaders like Carl Cox, Solomun, Charlotte de Witte, and Amelie Lens, among others. The INFINITY Florida closing party will wrap up SBC Summit Americas, an event that will gather thousands of industry experts from North, Central, and South America for three days of learning, networking, and product exploration. The summit will include an exhibition floor with hundreds of exhibitors and sponsors, a six-track conference program, and a busy calendar of networking activities. Get Your Ticket to SBC Summit Americas:  Group Pass 3+ (VIP Pass): For groups of three or more, this pass offers complete access to conference sessions, the exhibition floor, networking events, and evening parties—all at a discounted rate of $559 per person. The individual VIP Pass costs $779. Secure your Group Pass.Networking Pass: This is your go-to option for maximum networking at SBC Summit Americas, giving you entry to the show floor, SBC Connections, and our evening events (including the Official Opening Party and INFINITY Florida) for only $399. Grab your Networking Pass.  For all other ticket options, click here.  This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   The Star Entertainment Group is pressing forward with its internal organizational restructuring following the appointment of its new Chief Risk Officer. The announcement was posted by David Schollenberger himself on his personal LinkedIn profile, which highlights his lengthy career managing key compliance processes across multiple public and private gaming firms. This appointment is expected to help bolster the company’s standing after a stretch of financial belt-tightening. Notably, Schollenberger served as Director of Compliance and Policy at the Cyprus National Gaming and Casino Supervision Commission from 2018 to 2021. After that role, he joined Metric Gaming as Head of Legal and Compliance for a three-year term. One of his most recent prior positions was Senior Legal Counsel – International at Bally’s Interactive before he relocated to Australia to join The Star as Deputy Chief Legal Officer. Just two months into this role, he has now been named the company’s Chief Risk Officer. The move from Bally’s Interactive to The Star was not a random coincidence, either. In 2025, Bally’s Corporation — the former parent company of Bally’s Interactive (now owned by Intralot) — completed a deal to acquire a 38% stake in The Star Entertainment Group, worth AU$300 million (£158 million). SBC News readers will be aware that The Star reported a net deficit of AU$302 million in 2025, with year-over-year revenue falling by 25% and a AU$26 million decline in EBITDA. On top of that, The Star was investigated by the Australian Transaction Reports and Analysis Center (AUSTRAC) over suspected money laundering, which prompted the company to pledge substantial investments into its compliance infrastructure. The financial pressures were so severe that the company’s leadership was forced to sell its Queen’s Wharf venue in Brisbane in order to stay operational. At one point, The Star’s shares were temporarily delisted from the Australian Stock Exchange after the company missed the deadline to submit its financial filings. Since completing the deal with Bally’s Corporation, there have been several high-profile leadership changes at The Star aimed at getting the casino back on solid footing. In December, Bally’s Chair Soo Kim took on the role of Board Chairman, while Bruce Mathieson Jnr stepped into the newly appointed Chief Executive Officer position to replace Steve McCann, who resigned from the role. Now that Schollenberger is officially overseeing some of the company’s most strategic responsibilities, The Star appears determined to regain its former standing sooner rather than later. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Colombia’s Constitutional Court has upheld its prior ruling, denying President Gustavo Petro and his administration the authority to enact "emergency tax decrees" without legislative approval from Congress. This ruling effectively mandates that the Humana government must discontinue the 19% VAT on gambling transactions that has been enforced since March 2021. The administration had originally introduced this tax via an emergency decree as part of a broader effort to increase levies on specific industries and their associated transactions. The Court rejected the emergency decree, which aimed to impose new tax measures on online gambling, tobacco, alcohol, and fuel, reiterating that any fiscal adjustments require formal scrutiny and approval by Congress. Following a review by constitutional judges, it was concluded that the "exceptional circumstances" invoked by President Petro did not satisfy the constitutional requirements of "exceptionality" and "unforeseeability." Consequently, Petro is once again prevented from using emergency powers to raise the VAT on alcohol from 5% to 19%, increase the tax burden on financial institutions by 15% (bringing the effective rate to 50%), or apply a 19% VAT to luxury items such as high-displacement motorcycles and yachts. Online gambling revenue was also subject to the proposed 19% VAT. In total, the government sought to generate roughly COP 11trn (€2.5bn) to mitigate growing social and fiscal challenges. While Petro informed Congress of his willingness to negotiate certain taxes, he maintained that he would not alter charges on gambling licenses, characterizing the industry as a sector that should be subject to "sin taxes." In its decision, the Court also suspended the legal validity of related measures, confirming that Legislative Decrees 1474 of 2025 and 044 of 2026 will remain inoperative pending further constitutional review. This ruling establishes clear boundaries on the executive branch's authority to circumvent legislative procedures, emphasizing that budgetary reforms must be handled through Congress. The focus now turns to lawmakers, as the taxation of gambling remains a priority on the political agenda. The National Congress of Colombia is currently evaluating alternative frameworks, specifically Decrees 0240 and 0241, which suggest a 16% levy on online gambling through two methods: one applied directly to operators and another charged at the point of customer deposit. These proposals also aim to broaden taxation to cover all payment methods, including cash, bank transfers, and potentially cryptocurrency, as part of a wider initiative to capture digital transaction flows. This renewed legislative effort follows the Court’s previous invalidation of a 19% VAT on online gambling based on gross gaming revenue (GGR), which was a key component of Petro’s fiscal strategy. With emergency powers off the table, the government is now utilizing standard legislative channels to seek approval. Fiscal strain continues to mount, with Colombia facing a budget deficit projected at up to COP 30trn, while tax collections have fallen short of expectations according to DIAN figures. Policymakers are increasingly identifying online gambling as a viable tax base to fund public spending, though industry representatives caution that cumulative taxes—particularly those aimed at payment channels and deposits—could stifle sector growth and diminish long-term revenue contributions. Congress is set to evaluate the technical execution of these proposals, including the determination of whether enforcement should be managed by the central government or Coljuegos, as well as how reporting and compliance requirements will be organized. For the gambling industry, while the immediate risk of taxes imposed via emergency decree has been eliminated, the trajectory is evident: taxation is inevitable, but it will be processed through Congress. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Singapore’s Gambling Regulatory Authority (GRA) is set to see a major leadership handover this June, when current Chief Executive Teo Chun Ching steps down from his post. Ching, who also holds the position of Deputy Commissioner of Policy, will be succeeded by Tan Sin Heng Daniel, who currently serves as Traffic Police Commander under the Singapore Police Force. His nearly eight-year tenure has covered both structural reform and technological progress. As the GRA noted, one of his most standout achievements was overseeing the 2022 restructuring that converted the Casino Regulatory Authority into the Gambling Regulatory Authority, which extended the regulator’s remit from only overseeing casinos to supervising all forms of gambling activity. This reorganisation was paired with a sweeping legislative revamp, including the introduction of the Gambling Control Act. This new framework replaced multiple outdated laws to enable a more flexible and responsive regulatory approach for the sector. Apart from legislative updates, Ching led the organisation’s digital transformation, during which the GRA upgraded its cybersecurity capabilities and developed sophisticated data analytics tools. These adjustments are reported to have boosted the GRA’s ability to identify and address risks including problem gambling and money laundering. Working in partnership with the Ministry of Home Affairs, the University of Oxford graduate also played a core role in revising the Casino Control Act in 2024. Daniel to take over GRA’s top leadership post Daniel will take the helm of the GRA at a time when the gambling landscape continues to evolve rapidly, not only in Singapore but across the world. With a career that has covered multiple senior roles across Singapore’s Home Affairs ecosystem, the 54-year-old brings a wide range of relevant experience. “As Commander of the Traffic Police, Mr Tan pushed forward major legislative changes that improved road safety, such as revisions to the demerit points system and expanded speed limiter requirements for heavy vehicles,” the GRA stated. “He also forged strong collaborative ties with government agencies and industry stakeholders to deliver safer road conditions for Singapore.” Previously, when serving as Deputy Commissioner (Policy and Transformation) at the Singapore Prison Service, the incoming GRA Chief Executive led major organisational and policy initiatives. The GRA believes Daniel’s experience integrating technology into operational workflows and managing complex policy environments puts him in a strong position to build on the foundations laid by Ching. It remains to be seen whether Singapore will maintain its strict crackdown on unlicensed operators, particularly as these entities have grown more prevalent across the globe recently. Unlicensed operators face a fine of SGD 500,000 (£292,000), as well as imprisonment of up to seven years. Repeat offenders are liable for an even higher penalty of SGD 700,000 and a prison term of up to 10 years, per GRA regulations. The jurisdiction issued a ruling against prediction markets platform Polymarket in early 2025, with Alex Zuo, Investment and Custody VP at Cobo Global, remarking at the time: “If you want to place a wager, you can only use a state-owned gambling company. Otherwise, you will face fines and jail time.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) -   Australian crossbench MPs are cautioning that regulations for gambling advertisements on podcasts, social media, and through influencers must be strengthened to prevent the exploitation of regulatory gaps. According to a report by The Guardian, a spokesperson for Communications Minister Anika Wells stated that the government's planned partial ban on gambling ads will incorporate more "specific definitions" concerning the timing and placement of restrictions to close potential loopholes. She said: “Further details and specific definitions will be refined through the legislative drafting process, which will include consultation with key stakeholders.” The discussion concerning gambling advertising in Australia has persisted for a significant period. At the start of this month, Prime Minister Anthony Albanese detailed the Labor government's intention to implement "strong and decisive actions" to reduce gambling advertisements nationwide. He stated this move would offer better protection for young and vulnerable people. This position represents an escalation from a 2023 parliamentary report, referred to as the Murphy Report, which put forward 31 recommendations for reforming Australia's gambling regulations – a central proposal was a complete ban on gambling advertisements. However, the government's pace in enacting the report's recommendations has been relatively slow, leading to frustration among many backbench MPs. Closing gambling advertising loopholes The partial ban will mandate that streaming video, music, and podcast platforms, along with search engines and websites hosting gambling content, must verify that users are logged in, are aged over 18, and can choose to opt out of viewing betting content. Dubbed a 'triple lock functionality', the government anticipates this measure will reduce the public's exposure to wagering promotions. Nonetheless, The Guardian has cited "several industry sources" indicating that streaming services, including Apple Podcasts, are contemplating new age-verification systems. There are also suggestions that platforms might remove all betting content completely, arguing that no straightforward method exists to comply with the new rules. At present, regulations pertaining to individual podcasts remain ambiguous; questions have emerged regarding who is responsible for removing gambling advertisements or implementing the opt-out feature. Simone McCarthy, a Gambling and Public Health Researcher at Deakin University, argued that current rules require further tightening to address grey areas involving podcasts and social media. She said: “When people work with advertisers on podcasts, they often do an ad that is embedded in their podcast, so it … doesn’t sit separately to the whole content. If the ad itself is kind of built into the podcast itself, being read by the host, you can’t just turn that off. “We just know that podcasts are hugely popular with younger audiences and … they’re not easy to regulate in terms of age access and age gating that the government hopes to do. So I think it can create a bit of a blind spot in current policies that are built around platforms where audiences can be more clearly separated.” She added that this strengthening of rules should also extend to social media platforms, warning that content creators and influencers might discover methods to disseminate wagering content on sites like Instagram, X and others. “We know that if we leave gaps in gambling regulation, the industry doesn’t hesitate to just move into those gaps,” she said. The question of protection Earlier this month, Albanese clarified in a speech at the National Press Club that the crackdown on gambling ads is part of the government's effort to strike a balance between "letting adults have a punt if they want to, but making sure our children don’t see betting ads everywhere they look.” However, the effectiveness of the partial ban was questioned last week when a new report from the Office of Impact Analysis (OIA) concluded the measure would only cut the annual amount wagered by AU$62.7m (£33m) – a reduction of roughly 0.8%. The OIA's report indicated that the advertising restrictions would affect 2,461 industry participants, including betting firms, broadcasters, podcasters, and streaming services. Independent Senator David Pocock remarked that the presence of gambling ads in popular podcasts demonstrates how "this predatory industry innovates and pivots quickly to target new mediums and markets". He believes additional action is necessary. He said: “Protecting Australians, especially children and young people, from gambling advertising on popular online platforms from podcasts to Spotify to YouTube seems almost unworkable under the current proposal. “The government’s own analysis found that this partial ban is going to cost more to enforce and deliver less benefits to the nation.” Independent MP Kate Chaney, supported this perspective, suggesting the government's reforms need to reassign the responsibility for opting out of wagering ads. She added: “Calling it a ‘triple-lock’ makes it sound much more protective than it actually is – most families share streaming accounts and unless parents painstakingly go through each platform, website and streaming service and manually find and activate the opt-out options, gambling ads will continue to be seen. “There is little real-world evidence to suggest an opt-out model will reduce the social, emotional and financial harms caused by gambling in Australia.” The debate over how extensively gambling advertisements should be restricted in Australia continues intensely, with no immediate resolution in sight. Yet, judging by recent developments, demands for stricter limitations seem to be gaining traction – suggesting the era of hearing betting ads in podcasts or on social media may be drawing to a close. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. 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