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472 results for “Stake”

A basketball dropping through the net of a hoop, with a dark, out-of-focus arena crowd behind it
Sports Betting

Shane Hennen Pleads Guilty in Both the NCAA Point-Shaving and NBA Betting Cases

The professional bettor prosecutors place at the centre of the college and Chinese basketball fixing scheme has admitted seven counts in Philadelphia, including two transferred from the Brooklyn case against Terry Rozier. He will be sentenced in February, weeks after Rozier's trial is due to open.

Peru's red and white national flag with its coat of arms flying above a building against a clear blue sky
Regulatory

Peru Bill Would Raise the Selective Tax on Online Bets From 1% to 5%

A proposal filed in Peru's Chamber of Deputies would multiply the consumption tax charged on every online stake by five, on top of the 12% tax on operators' net revenue. Operators say it could absorb more than half their gross gaming revenue; the bill's own revenue table says it is not a forecast.

A paved city-centre street lined with ornate sandstone Victorian buildings, with a green steel bridge crossing overhead under a pale sky
Corporate

Entain Holds FY26 Guidance as UK Online Grows 14% and Brazil Falls 36%

Entain's British online business grew 14% under the new 40% gaming duty, while customer-friendly football results and a Brazilian unit that shrank by more than a third before the ban held the group to 2%. Guidance survives with profit pinned to the bottom of the range, and the chief executive used the update to lobby the government before the Budget.

The pediment of Spain's Congress of Deputies in Madrid, with the Spanish flag flying above its sculpted frieze against a blue sky
Regulatory

Spain Makes Online Operators Match Payment Methods to the Gambling Account Holder

A royal decree amending Spain's anti-money laundering regulation now requires licensed online operators to check that whoever holds the payment method used to deposit and withdraw is the person who holds the gambling account. Existing players get six months to comply and, on the decree's wording, cannot withdraw winnings in the meantime.

Helsinki's Market Square on a bright day, with the harbour Ferris wheel, a docked ferry and street lamps beneath a wide sky streaked with cloud
Regulatory

Finland's Police Board Orders Six Gambling Marketing Fines Paid in 2026, All Against Individuals

Finland's gambling supervisor has ordered six conditional fines paid this year for illegal gambling marketing, every one of them against a person rather than a company, while threatened fines for companies run to €1.2 million. It is the board's last full year in charge, and under the new Gambling Act a prohibition issued now can disqualify a licence applicant in 2027.

Melbourne's central business district seen from above in late-afternoon light, with office towers and suburbs stretching to the horizon
Corporate

PointsBet Expects a 16% Fall in H1 Revenue and a Normalised EBITDA Loss of Up to A$8m

PointsBet Holdings says tighter compliance cost it turnover from its highest-value Australian customers, and AFL results went against it as it chased mass-market sports bettors. The six-month loss it now expects is many times the one it reported for the nine months before, and Alberta, the growth market it is counting on, is still not live.

A hand-painted wooden American flag with a circle of white stars hangs on a white picket fence in front of dark foliage
Regulatory

Wyoming Committee Backs Felony Ban on Online Sweepstakes Casinos for 2027 Session

Wyoming's Select Committee on Gaming has voted to back a draft bill that would make running an online sweepstakes casino, or knowingly supplying one with payments, geolocation or game content, a felony. Its definition of sweepstakes currency is wider than California's, but the bill still needs a sponsor the committee may not be able to supply itself.

European Union flags flying in front of a glass office building in Brussels
Corporate

Maarten Haijer Moves From EGBA to Lead a New Global Gambling Alliance in Geneva

The former Secretary General of the European Gaming and Betting Association is the first Director General of the World Gaming and Betting Alliance, a Swiss association whose listed members are bet365, Entain, FDJ United, Flutter and EGBA itself. The Geneva commercial register shows it was founded on 9 July and already had Haijer as a signatory before EGBA announced he was leaving.

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