472 results for “Stake”

Bill S-211 has left the Commons heritage committee with a longer deadline, looser consultation duties and no in-game advertising ban. It requires a framework, not a ban, and the Senate would still have to accept the changes.

Lottomatica and Cirsa have both reported growth weeks before shareholders vote on their merger, and neither has sized Italy's budget bill. Equita puts up to €30 million of Lottomatica's annual EBITDA at stake before mitigation.

Kambi has settled on full-year adjusted EBITA of around €26 million after a World Cup-led third quarter. That implies a fourth quarter about a third below last year's, and Brazil is not the largest reason.

The Supreme Federal Tribunal's hearing on Brazil's betting ban ended without a decision, its rapporteur pairing a call for prohibition with talk of deadlines. The same afternoon a federal appeal judge restored one operator's licence.

The NCAA will report people who abuse college athletes online to a shared programme that sportsbooks and prediction exchanges can use to close their accounts. It is the first sport governing body to say so publicly, and it moves the fight over bettor harassment from campaigns to account enforcement.

Twelve new Polymarket accounts bet about $264,000 on the exact 2026 Ballon d'Or top five before the ceremony and made close to $200,000, according to the French outlet Upside. Groupe Amaury, which owns France Football, says it is filing a complaint over suspected leaks and potentially fraudulent bets.

Colombia's government has put VAT on online gambling deposits into its economic rescue bill, this time as ordinary tax law rather than an emergency decree. The finance ministry expects COP 2 trillion from it in 2027, and the operators' federation wants it reviewed.

Three New Orleans bettors, two of them heavy parlay players, have asked a Louisiana court to treat the FanDuel and DraftKings apps as defective products. The petition also names the two casinos whose licences the apps operate under, a choice that may keep the case out of federal court.

Sweden's plan for the EU anti-money laundering package would let the regulator fine a gambling licensee up to 10% of turnover, measured where applicable at group level. The online operators' trade body says that base is disproportionate and risks double punishment.

Sweden's gambling regulator has barred the company behind Duel.com with immediate effect. The operator had said it would keep offering Swedish, and the block on Swedish users it described was not in place when the regulator checked.

President José Antonio Kast's government has finally filed its amendments to Chile's stalled online betting bill, pairing a 22% effective tax on gaming revenue with a ban on all betting advertising. Senators from several parties immediately called the tax too low.

Coinbase has told investors that prediction markets are one of the fastest growing products in its history, with annualised revenue above $200 million in the third quarter. It says it is building its own clearing for the product, and its results say nothing about the states pressing it over sports contracts.

Spain's gambling regulator used a cryptocurrency conference to restate that a prediction market offering gambling needs a Spanish licence. It gave no update on the case opened against Polymarket and Kalshi in May, which the ministry expected to take three to four months.

Italy's cabinet has approved a 2027 budget bill that Giorgia Meloni says draws €700 million from gambling. The measures are unpublished, and slot concessionaires say those reported would switch off their network.

The government will replace the freeplay provision that the Upper Tribunal read in Jumpman Gaming's favour, from 1 April 2027. HMRC calls the measure a clarification that raises nothing, but it narrows the exclusion operators won in September.

The Grosvenor and Mecca owner expects the Budget's five-point rise on higher-stake machines to cost about £9 million a year before mitigation, more than bingo duty's abolition saves it. Its response waits until January.

The Kansspelautoriteit's annual market scan shows licensed gross gaming revenue in the Netherlands fell from €4.5 billion to €4.1 billion in 2025, with online betting down 30.2%. Its half-year monitor counts 1.48 million online accounts without a matching rise in players, which the regulator says may point to people getting around per-account deposit limits.

Lower room rates cut MGM Resorts' Las Vegas Strip earnings by 12% in the third quarter, while MGM China posted record revenue and a record share of Macau. With the People Inc. bid gone, management turned to buybacks and to roughly $1 billion a year of spending on MGM Osaka in 2027 and 2028.

Utah's attorney general has charged Kalshi and co-founders Tarek Mansour and Luana Lopes Lara with felony gambling offences built on 12 sports wagers placed by an undercover agent. The criminal case arrives two days after the CFTC sued Utah to stop its civil action against the exchange.

The International Association of Gaming Regulators will run a coordinated consumer campaign against unlicensed online gambling from 9 to 13 November, built around a free site where players enter a gambling site's address to check its licence. IAGR has not said which jurisdictions the tool, supplied by a regulatory technology vendor, will cover.