472 results for “Stake”

The Supreme Court justice refused ANJL's injunction against a state decree barring betting sponsorship on public property, citing the CPI report and public health; ANJL will appeal to the full court. The same day, Lula told Uruguay's president he wants to learn from a model that is a single state platform with a US$700 million illegal market beside it, and ANJL's own count found 6,409 unlicensed domains live last week.

A new daily record of $3.01 billion, another $2.82 billion on Sunday, record fees of $18.2 million and $17.6 million, and the worst two days in Kalshi's history for parlay takers, who lost $46.1 million. Strip out the parlay maker side and neither day was a record for taker volume, InGame's analysis shows.

Gamble Pause Initiative Africa, Gamble Aware Nigeria and the South African Responsible Gambling Foundation have formed the ARGN, with participants from nine more countries, to build a continent-wide evidence base on gambling harm. Its president says regulators must legislate before the costs land on Africa's health systems.

New Alabama filings show the Chumba Casino owner gave the Republican governor candidate a further $100,000 on 31 August, $170,000 to a PAC funded by DraftKings, FanDuel, BetMGM and the Poarch Band, and $10,000 to $20,000 apiece to six state senators, 36 contributions in five months in a state with no lottery and no regulated online gambling.

Two weeks after calling September up 12%, Citigroup's analysts watched the tables on Friday and saw 401 premium-mass players betting HK$6.8 million, "among the worst in recent history". The forecast is now MOP18 billion, implying a 4% fall for the quarter, with the caveat that Golden Week may simply be absorbing the trips.

A Pennsylvania county wants prediction-market trading written into the oath its election workers swear, and Maryland's chief administrator plans to ask for the same statewide, the Associated Press reports. With the courts unlikely to rule before November, the workers are the one thing the states can still regulate.

Every vested share the Melco chairman held outside the listed parent went into an irrevocable trust on 16 September, a filing shows. Control of the Macau operator does not move, but the shares that did are now reported as no longer his.

Stella David wants the government's promised ban brought in immediately, "even if that means clubs ordering new kit mid-season", and extended to online advertising, where 22% of unlicensed users first found their operator against 13% through sponsorship. The count is up from eight clubs last season, and the newest deal was signed after the consultation closed.

Ontario will defend its plan to pool poker and fantasy players with other jurisdictions against four Crown lottery corporations, which say it is Ontario conducting gaming outside Ontario. Alberta, Flutter, GGPoker's parent and the Canadian Gaming Association will be heard as interveners. Every other province's monopoly turns on the answer.

Police data supplied to a National Assembly member show the Gangwon provincial cyber unit has booked 26 users of the blocked platform for gambling under Article 246 of the Criminal Act and referred 18 of them for prosecution. One trader alone put about KRW 5.7bn through the site. The defendants say a yes-or-no contract settled on a blockchain is a derivative, not a bet, and the courts have not yet been asked.

Every analyst note leads with Brazil, Africa or the next US state. WiseGaming's commercial director says market access without a stack that can localise in weeks is "a money pit", that Curaçao's LOK reform is a filter he welcomes, that the agent model is converting rather than dying, and that his platform charges on net profit after bonuses, PSP and content costs rather than on GGR. He also says where the whole industry, his company included, is still behind on AI.

Diomar Tadeu Dantas de Farias was taken into preventive custody in Jacumã on Thursday morning as the second phase of the money-laundering inquiry served five more warrants against the bookmaker's leadership. The Receita Federal says offshore companies were set up to make a Brazilian-run operation look foreign; the law firm that represents Pixbet says it only ever did the lawyering.

Dario Durigan is the first minister to speak since UOL reported a decree was days away, and he cited a R$62 billion figure that confuses deposits with revenue. Flamengo, Fluminense, Vasco and Botafogo, with the Rio, São Paulo and Alagoas federations, published a note titled "The End of Brazilian Football". The industry puts its exposure at R$120 billion and its lawyers are talking about compensation.

The site compares equivalent contracts across Kalshi, Polymarket, Novig, Underdog, FanDuel Predicts, Fanatics and five others, with a cross-venue engine for multi-leg positions and Genius's live game data underneath. It runs on Legend, the media business whose $1.2bn purchase in February sank the shares. Mark Locke says most prediction-market demand "appears new".

The Gambling Commission's 2025/26 report shows online casino up 14.8% to £5.7bn, adding more than the entire market gained. Online betting fell 6.6%, bingo fell, 208 betting shops closed before this year's cull began. The survey says participation is flat at 49%. The day after the Lords called for an advertising ban, the regulator's own numbers explain why the product mix is the argument.

"Scambling" sites take the deposit, let the balance grow, then demand a fee to release it. Scamwatch logged 806 reports last year, 45% of the losses from First Nations Australians, and the anti-scam centre says the real figure is higher because victims think they lost a bet. AUSTRAC has mapped the money: mule accounts, PayID chains, micro-laundering. From January banks are on the hook.

In a WhatsApp exchange from October 2024 found on the phone of a former Federal Police clerk, the Banco Master owner is described as the "boss" who owns the bookmaker and a quarter of Atlético Mineiro. The messages are now part of the Compliance Zero inquiry. Vorcaro's lawyers will not comment; Pixbet says he has never held a stake.

The social casino unit's revenue fell 7% and then 9% this year while the rest of the group grew. Wilson goes on 30 October at the end of his contract, group CFO Oliver Chow takes "executive oversight" from 1 November, and the company says it remains committed to the category. It did not say why he is leaving.

The programme lets developers publish unfinished apps without public ratings or reviews. Researchers say that is exactly why it is filling with "ghost casinos" and reward games that never pay out, promoted on TikTok and Facebook with deepfaked celebrities. One had more than a million downloads and not one review. Google says it is investigating.

The ANJL has sent Romeu Zema, the Novo party's candidate whose campaign wants betting abolished outright, an extrajudicial notice demanding a public correction of "false" statements about the regulated market, under threat of a damages claim. It is the association's second notification this week and its third target this year.