(AsiaGameHub) - Finland is set to end Veikkaus’ monopoly over online casino and sports betting services on July 1, 2027. This licensing reform has turned state ownership of the firm into a pressing political and commercial issue. Key Things to Note Per Jari Vähänen’s estimates, Veikkaus could carry a total valuation of up to €4.5 billion. The company’s online casino and sports betting division may be valued between €1 billion and €1.5 billion. Finnish political parties remain divided on whether to pursue a full sale, partial sale, or continued full state ownership of the firm. Customer Base Could Be the Core Determinant of Actual Value Potential buyers will not only assess the Veikkaus brand when evaluating a purchase. The company’s customer database may hold equal weight in valuation calculations. Veikkaus has as many as 2.5 million long-standing existing customers. As the country shifts from a monopoly-controlled system to a licensed Finnish online gambling market, this customer list could give the operator a significant head start over private betting sites and online casino brands. “If they cannot retain these customers through the transition, the value of Veikkaus’ licensed business will be far lower. But if they launch their new operations with 2.5 million customers intact, they will dominate the market,” Jari Vähänen told public broadcaster Yle last week.Vähänen, a former senior executive at Veikkaus who now works as an industry consultant, also noted that foreign operators have made inquiries about the company. “Several gaming firms have reached out to us to ask if Veikkaus might be put up for sale,” he told Yle. His maximum valuation estimate for the firm hits €4.5 billion. This figure is calculated using a 10-times multiple on Veikkaus’ annual gaming surplus, which stands at roughly €450 million. He valued the digital gambling segment, which covers online casino and sports betting services, at €1 billion to €1.5 billion. Lotto and gaming machine operations are expected to make up around €3 billion of the total valuation. However, Finland does not have an unlimited window of time to make a decision. Veikkaus’ returns have dropped by nearly half over the past five years, and lengthy delays could reduce buyer interest ahead of the launch of the licensed market.Veikkaus has already split into two separate business units to prepare for the transition. One unit focuses on competing in the open online market, while the other retains control of the remaining monopoly operations. This restructuring gives Finland a more straightforward sale option, but it also makes related policy decisions more complex. Some parties already see little justification for the state to remain involved in the gambling sector. SDP Party Secretary Mikkel Näkkäläjärvi said “the state has no specific strategic interest in owning a gaming company in this scenario”. Mika Lintilä of the Centre Party stated that Veikkaus was “no longer a strategically important company for the state in the same way as it was previously”. Liike Nyt is pushing for full privatization and a public stock market listing for the firm. The Left Alliance opposes this approach, with MP Timo Furuholm defending Veikkaus as a reliable, proven source of government revenue. Coalition parties have adopted a more cautious, gradual stance. The National Coalition Party is calling for a civil service review of the proposal’s market effects and social impact. The Swedish People’s Party has not issued a public position, as Minister Joakim Strand oversees ownership steering matters. The Finns Party and Christian Democrats have warned against using sale proceeds to fund recurring public spending, while keeping gambling harm prevention as a top priority. For Vähänen, the ownership issue arises well before any potential sale takes place. Finland will be drafting regulations for the licensed gambling market while still owning the company that will have to compete under those same rules. “State ownership of a gambling company operating in a competitive market is, at the very least, a questionable approach,” he wrote in a 2024 draft response to the initial liberalization framework. 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) - Eusebio Tanco, chairman of DigiPlus Interactive Corp, believes licensed online gaming operators in the Philippines should adhere to the same standards as publicly listed companies. Key Facts DigiPlus operates BingoPlus, ArenaPlus, and GameZone in the Philippines. Tanco stated public listings would foster fairer competition. He also connected the idea to efforts against illegal online gambling. Tanco: Listed Status Can Raise Industry Standards Eusebio Tanco used DigiPlus’s annual stockholders meeting on Friday to deliver a direct message on regulation: licensed online gaming firms should face the same transparency, tax, and governance rules as listed companies. “We need to level the playing field in this industry,” Mr Tanco stated. “We are a listed company, we are transparent and report regularly. We follow strong corporate governance, and we pay the right taxes.” DigiPlus is already a Philippines-listed company. Its main brands include BingoPlus, ArenaPlus, and GameZone. BingoPlus is recognized as the country’s first government-approved online bingo platform, ArenaPlus covers sports betting, and GameZone focuses on casual and arcade games. Another group unit operates casino slot arcades. Tanco argued private online gaming operators do not always face the same public reporting pressure as listed firms. In his view, a listing rule would give regulators, investors, and players a clearer view of licensed operators. He said: “The regulator should require all licensed online operators [in the Philippines] to be listed. I think that’s the only way to level the playing field.” The proposal also ties to a broader policy concern in the Philippine online gaming market. PAGCOR and other authorities have been working to keep more gambling activity within the licensed system, where operators pay taxes and follow national rules. For Tanco, stronger listed-company standards could support that goal. He said authorities should focus on ways “to help transfer the players from illegal operators to the legal, licensed operators.” 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) - U.S. Senator Brian Schatz is drafting a federal bill that would prohibit micro prop bets and grant the Federal Trade Commission authority to take action against firms assisting illegal offshore sportsbooks. Good to Know The legislation would ban wagers on individual, standalone moments during games. The FTC could pursue payment processors collaborating with unlawful offshore sportsbooks. Schatz presented the plan at a Senate Commerce subcommittee hearing focused on sports betting. Schatz wants federal enforcement to target companies that help illegal sportsbooks transfer funds. The Hawaii senator noted the FTC could go after payment processors that knowingly work with offshore operators. This approach won’t fix every gambling issue, he said, but it would give regulators a clearer path into a market often outside U.S. licensing systems. “We think we, legislatively, have a pathway here. It doesn’t solve every problem, and it certainly doesn’t solve every problem as it relates to the challenges that individuals and society [are] facing with gambling,” said Schatz, a senior member of the Senate Commerce Committee.“But if you empower the FTC to go after the payment processors, then they would have a perfect right to go and say, ‘You may not work with these offshore shops if they are not complying with federal law having to do with micro prop bets.’” Micro prop betting would also face a direct ban under the proposal. These wagers focus on small in-game events—like a single pitch, possession, or player action—rather than final scores or broader game results. Schatz said this structure raises both integrity and gambling harm concerns. “Micro prop [bets are] insidious in that [they] can be manipulated by a player or anyone else,” said Schatz. “The more micro you get, the more insidious it is, from an integrity standpoint. But it also taps into the addictive, manic, algorithmically-driven problem that we’re dealing with. I think this particular problem is especially acute and needs to be dealt with immediately.”The hearing occurred as lawmakers reviewed sports betting growth, prediction markets, offshore sportsbooks, and consumer risks. Recent NBA and MLB betting cases have also raised concerns about wagers tied to single-player actions and nonpublic information. 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) - Louisiana is on the verge of equipping gaming regulators with a new tool to combat sports betting-related harassment targeting athletes, coaches, and other game participants. Good to Know SB 325 is currently pending action by Governor Jeff Landry. The legislation received unanimous approval in both of Louisiana’s legislative chambers. Bettors placed on the exclusion list may have their access to retail sportsbooks and mobile betting revoked. Threats Against Athletes Could Soon Result in Betting Penalties Louisiana bettors who make threats against athletes regarding their wagers might soon encounter consequences beyond just having their accounts shut down. Senate Bill 325 would allow the Louisiana Gaming Control Board (LGCB) to bar individuals from retail sportsbooks and mobile sports betting platforms if they issue threats of violence or harm linked to sports gambling. The legislation applies to threats made prior to, during, or following a sporting event. The bill has already passed the Legislature and moved to its final phase after House Speaker Representative Phillip DeVillier signed it on Monday. Governor Jeff Landry has the option to sign or veto the bill; if he takes no action, it will automatically become law.SB 325 also grants the LGCB authority to take action against individuals who “pose a threat to the state’s interests.” Anyone added to the exclusion list is entitled to receive notification and can ask for a hearing. Penalties aren’t limited to the bettor alone. An individual who enters a gambling establishment without LGCB approval after being excluded could face a jail term of up to six months or a fine of up to $500. Sportsbooks and gambling operators may also face the risk of having their licenses or permits suspended or revoked if regulators discover a “pattern of intentional failure to exclude” banned individuals. The bill’s timing aligns with a broader national concern in the U.S. about gambling-related abuse directed at athletes. Data from the NCAA and Signify revealed approximately 54,096 suspicious social media posts during last year’s March Madness. Among these, 3,161 were abusive, 103 prompted investigations, and 10 were referred to law enforcement. Gaming operators have already begun taking action. In 2025, FanDuel banned an account holder who had heckled Olympic gold medalist Gabby Thomas. Earlier in 2026, BetMGM also implemented a policy to suspend accounts that send abusive messages or language to athletes.For Louisiana, SB 325 would formalize this same concept into a state gaming regulation. Rather than leaving each case to the discretion of operators, the LGCB would gain direct authority to keep abusive bettors away from sportsbooks and betting applications. 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) - bet365 has rolled out online sports betting services in France following the acquisition of a license from the Autorité Nationale des Jeux (ANJ). Users can now access the platform via bet365.fr and the brand’s mobile applications. Good to Know bet365’s French offering kicks off with online sports betting. Online poker and horse racing betting are scheduled for subsequent phases. The launch precedes key events including Roland-Garros, the UEFA Champions League Final, the 2026 FIFA World Cup, and the Tour de France. Sportsbook Launches First in France France provides bet365 with a new regulated market amid a bustling sports period. The operator has launched its sportsbook, while online poker and horse racing betting will follow at a later date. The timing is ideal for boosting brand visibility. bet365 enters the market ahead of multiple high-profile events and already has a connection to European football as an Official Global Partner of the UEFA Champions League. The French platform features Bet Builder across 16 sports, allowing users to combine selections from the same match—such as winner, total goals, and named goalscorer markets. Cash Out is also available, enabling customers to settle part or all of their bet before the match concludes.The Sub On Play On feature keeps players’ bets active after substitutions. bet365 noted that both Sub On Play On and Bet Builder apply during extra time in knockout games as well. Bet Tracker and Match Live provide live stats, wager updates, and event details. Alex Sefton, bet365 Global Chief Marketing Officer, said: “bet365’s expansion strategy has always centered on merging the scale, technology, innovation, and expertise of a global brand with an understanding and respect for local customs and culture. “Our entry into France will be no different. We’re thrilled to create a product and experience tailored specifically for French players, within a framework fully compliant with the French National Gaming Authority’s requirements.”Responsible gambling is integrated into the local setup. Alongside ANJ-mandated tools, bet365 offers gambling controls, self-exclusion, voluntary bans, and its Early Risk Detection System, which monitors activity for signs of potential harm. The company has also partnered with ARPEJ (Association de Recherche et de Prévention des Excès du Jeu) to support players showing signs of problem gambling. Founded in 2000 in the United Kingdom, bet365 now serves over 120 million customers across regulated markets in Europe, North America, South America, and Oceania. 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 CFTC now asserts that its prior case against Gemini Trust Company should never have been initiated, granting the Winklevoss-founded crypto exchange an unusual opportunity to reverse a previously settled enforcement matter. Good to Know The CFTC and Gemini have filed a joint request asking a judge to nullify the January 2025 settlement. Gemini paid a $5 million penalty related to claims of misleading bitcoin futures statements. The filing states Gemini was a fraud victim, not the entity regulators ought to have targeted. A 2025 penalty imposed on Gemini could soon be removed from the record now that the CFTC has revised its stance on the case. On Wednesday, the agency and Gemini submitted a joint petition to a federal judge seeking to reverse a settlement struck late in the Biden administration. As part of that agreement, Gemini paid $5 million and accepted an injunction barring false or misleading statements to the regulator. The new filing states CFTC staff “resorted to inappropriate tactics” to initiate the lawsuit and “extract a settlement from Gemini.” It also notes the case relied on a whistleblower account that lacked credibility.Instead, the CFTC and Gemini now contend the exchange was harmed by fraud involving a former Chief Operating Officer and two customers who allegedly received unauthorized rebates. The filing asserts regulators pursued claims about bitcoin futures disclosures instead of investigating fraud against Gemini. The original lawsuit stemmed from statements Gemini made during the certification process for a bitcoin futures product. In January 2025, the CFTC alleged Gemini had made false or misleading statements or omissions tied to market integrity and manipulation risks. Gemini settled without admitting or denying the findings. The dispute wasn’t confined to bitcoin futures alone. The new filing also reveals regulators warned Gemini that an ongoing enforcement case would block approval for its prediction market platform. Gemini subsequently obtained approval in December 2025 for Gemini Titan, its prediction market offering. The filing doesn’t clarify if Gemini will recover the $5 million it already paid. Reuters reported that Gemini has agreed not to seek a refund of the penalty.Politics also play a role in this case. Gemini was founded by Tyler and Cameron Winklevoss, each of whom donated $1 million in bitcoin to President Donald Trump’s 2024 campaign. Former CFTC chair nominee Brian Quintenz later accused Tyler Winklevoss of lobbying the White House against his nomination due to the Gemini lawsuit. Trump withdrew that nomination and later selected Michael Selig to lead the regulator. The Winklevoss twins first gained widespread attention after suing Mark Zuckerberg over allegations related to the concept behind Facebook. That case concluded in a 2008 settlement involving cash and stock. 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 American Gaming Association (AGA) asserts that sports prediction markets are currently causing significant tax-related issues for states, tribal entities, and licensed gambling operators. Good to Know The AGA puts the amount of lost state and tribal gaming tax revenue at as much as $1 billion. Bill Miller cited this number during an appearance on CNBC’s Squawk Box. A proposal from the Commodity Futures Trading Commission (CFTC) outlining rules for prediction markets is currently under review by the White House. CFTC Battle Evolves Into a Tax Controversy For months, prediction markets have maintained that sports event contracts fall under the purview of federal commodities law. Now, the AGA is urging state officials to consider the revenue implications of this issue. Bill Miller, the AGA’s President and CEO, stated that platforms providing contracts based on game outcomes might have already resulted in states and tribes losing up to $1 billion in gaming tax revenue. He characterized the disagreement as a matter of public funding rather than merely a conflict between sports betting operators and financial market companies. He said: “It’s about states and tribes that are losing literally a billion dollars today in state and tribal revenue that would otherwise go to fund important community projects.”Licensed sportsbooks and casinos pay gambling taxes, licensing fees, and compliance expenses in every state where they conduct business. Prediction market platforms contend that their offerings are federally regulated event contracts, hence they do not fall under the same state-level gambling regulations. This discrepancy has made Kalshi-style sports contracts a focus of scrutiny for the AGA, tribal gaming organizations, and state regulators. Their argument is straightforward: if a contract allows users to trade based on a game’s outcome, it is too similar to sports betting to be exempt from gaming rules. Timing is another key factor. A CFTC proposal that covers prediction market platforms—including Kalshi and Polymarket—is currently being reviewed by the White House Office of Management and Budget. Back in January, CFTC Chairman Michael Selig scrapped an earlier plan that would have prohibited sports and political contracts, noting that the agency would draft new rules in its place. The CFTC has also asserted in court and public statements that it has jurisdiction over federally regulated prediction markets. Former President Donald Trump supported this position in a social media post, while also criticizing Minnesota Governor Tim Walz, Illinois Governor JB Pritzker, New York Attorney General Letitia James, and former New Jersey Governor Chris Christie. 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) - Federal prosecutors have added new bribery charges against former Miami Heat guard Terry Rozier as an expanding NBA betting probe focused on player prop bets, private injury data, and claimed match manipulation continues to grow. Good to Know Rozier faces new charges in Brooklyn federal court connected to a March 2023 game played by the Charlotte Hornets. Prosecutors claim a $100,000 bribe was linked to under bets placed on Terry Rozier’s player props. Rozier maintains his innocence and remains out of custody on a $3 million bond. Terry Rozier is no longer signed to an NBA roster after the Miami Heat released him at the end of the most recent season, but his ongoing legal battle has just gotten larger in scope. A superseding indictment filed Thursday in Brooklyn federal court charges Rozier with accepting a bribe to leave a March 2023 game early while he was playing for the Charlotte Hornets. Prosecutors say bettors planned for this early exit to target unders on his points, assists, and other player prop betting markets. Rozier was not listed on the official injury report ahead of the match against the New Orleans Pelicans. He later left the game with a lower leg injury after finishing with five points, two assists, one 3-pointer, and four rebounds. Most of his stat totals fell below his typical production and below the lines set by sportsbooks, while his rebound total derailed part of the betting group’s plan.Because of that rebound outcome, prosecutors say the alleged bribe payment dropped from $100,000 to roughly $70,000. The betting ring still collected more than $250,000 in payouts from wagers tied to Rozier unders, according to the indictment. The case now includes allegations that Rozier defrauded the NBA, the Charlotte Hornets, and sportsbooks including FanDuel and DraftKings. The new charges add to earlier federal accusations of wire fraud and money laundering. Rozier entered a not guilty plea for those earlier charges after his arrest in October 2025. His defense attorney, Jim Trusty, told the Associated Press that the latest indictment “just confirms that our motion to dismiss was correct — new charges, new legal theories, but all just a misguided effort to make something stick.” Fairley's Guilty Plea Adds Pressure To The Betting Probe The new indictment was filed shortly after bettor and social media influencer Marves Fairley pleaded guilty to seven charges connected to illegal basketball betting schemes.Fairley told prosecutors he agreed to pay Rozier and long-time friend Deniro Laster $100,000 if Rozier left the Hornets game early. Laster allegedly collected the money in Philadelphia before traveling to Rozier’s home, where co-conspirators counted the payment. Trusty pushed back strongly against this claim. “There are some desperate men in this case with terrible criminal records and massive potential legal penalties, and they know exactly what to say to please prosecutors,” Trusty said of Fairley’s claim. Federal prosecutors have also linked parts of this scheme to people connected to the Jontay Porter betting scandal. Porter received a lifetime ban from the NBA in 2024 after a league investigation found he shared private health information and limited his own on-court participation for betting gains. Former NBA player and assistant coach Damon Jones also pleaded guilty in April. Prosecutors said Jones shared nonpublic injury information involving LeBron James and Anthony Davis and helped recruit players for a mob-run rigged poker game. His sentencing is scheduled for January. Rozier missed the entire season after being placed on administrative leave following his arrest. He remains free on a $3 million bond as the case moves forward. 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) - Selecting the appropriate gambling license is among the most critical choices for an iGaming operator. An incorrect selection can lead to losses in time, finances, and frequently market entry—occasionally all simultaneously. The correct choice establishes the legal groundwork necessary to finalize software contracts, handle customer transactions, and conduct business assuredly in desired regions. The difficulty lies in the fact that no one license is perfect for all businesses. Malta represents the premier standard for European operations, yet its year-long application process and rigorous capital demands place it out of reach for many new ventures. Curaçao is widely recognized, but regulatory changes since 2023 have substantially increased its demands. Anjouan provides rapid processing and low cost, yet does not grant access to EU markets. The Isle of Man is ideal for well-established mid-to-large sized companies with a suitable corporate structure. This overview details each alternative with the practical details operators require: expenses, processing durations, limitations, and the business profile each license genuinely fits. Why the License You Choose Determines Your Business Outcomes Prior to evaluating choices, it is important to grasp what a gambling license practically governs. Most leading payment service providers demand evidence of proper regulatory standing. The specific jurisdiction is crucial—certain PSPs will not accept Curaçao-based operators but will engage with MGA license holders, and the opposite is also true. B2B iGaming providers usually mandate that their clients possess an accredited license. Most are willing to partner with operators licensed in Anjouan, Curaçao, or by the MGA. In strictly regulated markets such as the UK, Sweden, or Germany, players anticipate seeing a domestic license. In less regulated regions (Latin America, Africa, Southeast Asia), an offshore license is completely adequate from a player's viewpoint. Anjouan (Comoros) — Fast Entry, Offshore Positioning The Anjouan license, granted by the Anjouan Offshore Finance Authority (AOFA), has seen considerable uptake over the last three years, especially from operators focusing on markets outside Europe. It encompasses online casino, sports betting, poker, live dealer, and skill-based games. Total initial investment begins at approximately €17,828 for license fees, in addition to registered agent and company formation expenses. For a comprehensive analysis of Anjouan gambling license costs and prerequisites, the details vary based on your corporate setup and if you require application assistance. The processing time is 4–8 weeks with a full set of documents—the quickest legitimate licensing path for most operators. It is most appropriate for new and expanding businesses targeting Latin America, Africa, Asia-Pacific, and other regions where offshore licenses are permissible. Curaçao eGaming — The Established Offshore Standard Curaçao has been the leading offshore gambling license for more than twenty years. Subsequent to regulatory updates in 2023-2024, the framework has become notably more stringent. Operators must now submit applications directly to the Curaçao Gaming Control Board. Annual fees start from about €30,000, with total first-year investment usually surpassing €45,000–60,000. Timeline: 6–12 weeks. Malta Gaming Authority (MGA) — The EU-Facing Gold Standard The Malta Gaming Authority license is the reference point for operators seeking to reach EU-based players. The annual license fee scale runs from €10,000 to over €25,000. Timeline: The realistic timeframe is 6–18 months. Best suited for operators with a validated product, an experienced team, and adequate capital reserves, alongside a defined strategy for the EU market. Isle of Man — The Specialist Option The Isle of Man Gambling Supervision Commission grants licenses that are held in high esteem within the sector, particularly for intricate B2B and B2C activities. Costs are generally similar to or higher than those for an MGA license. Timeline: 6–12 months. Ideal for mature operators with global B2B aspirations. Side-by-Side Comparison Anjouan: Annual cost from €17,828 | Timeline 4–8 weeks | No EU market access | Moderate PSP acceptance | Best for startups Curaçao: Annual cost from €30,000 | Timeline 6–12 weeks | Limited EU access | High PSP acceptance | Best for growth stage Malta MGA: Annual cost from €25,000+ | Timeline 6–18 months | Full EU access | Very high PSP acceptance | Best for established operators Isle of Man: Annual cost from €35,000+ | Timeline 6–12 months | Limited EU access | High PSP acceptance | Best for established operators Which License Should You Choose? If you plan to launch within 3–6 months, have a budget below €50,000, and are focusing on non-EU markets: Anjouan is the sensible initial move. You can enter the market quickly, start earning revenue, and later seek a Curaçao or MGA license as your enterprise expands. If you have a 6–12 month preparation period and require wider PSP acceptance: Post-reform Curaçao opens considerably more opportunities than Anjouan. If you are developing a substantial operation targeting the EU with sufficient funding: The MGA should be your objective. For operators in the initial phases, obtaining expert advice on iGaming licensing is recommended to plan a staged strategy—beginning with an economical offshore license and progressing towards the jurisdiction demanded by your long-term market goals. Final Thoughts There is no single "best" gambling license for everyone. Only the license that is right for your present phase, financial plan, and target regions. The most frequent and expensive error operators commit is either spending too much on a license they do not currently require, or spending too little on a license that blocks future necessary opportunities. Comprehending your alternatives before making a decision is the most crucial step prior to initiating any application. 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) - Texas Tech has slammed the NCAA for failing to adjust to the current era of mainstream sports betting, even though the university was among the institutions that voted against loosening the governing body's rigid anti-gambling regulations. Now that star quarterback Brendan Sorsby has violated those rules, the school is pushing for more lenient treatment. This week, the NCAA rejected Sorsby’s application to have his playing eligibility restored for the 2026 season. In response, Sorsby has filed a legal suit against the organization. The athlete has received full backing from his university. Texas Tech President Lawrence Schovanec penned a letter in support of the 22-year-old, who has openly admitted to struggling with a gambling addiction. Texas Tech President Says Sorsby Deserves Full Support Sorsby finished a 35-day rehabilitation program last Friday. After arriving back home, he shared a statement on Instagram expressing gratitude to everyone who has continued to stand by him. “With the support of my coaches, teammates and the university, I’m looking forward to returning to campus in Lubbock,” he wrote. In his letter addressed to the entire Texas Tech community, Schovanec stated that Sorsby has earned the college’s full backing. “Brendan himself has been open about his struggle with severe gambling addiction, and we believe his vulnerability deserves to be met with the full weight of this institution’s support,” wrote Schovanec. He added that Texas Tech will file an appeal against the NCAA's ruling that makes Sorsby permanently ineligible to compete in college football. The NCAA Has Not Adjusted to the Modern Era Schovanec also placed partial blame on the NCAA, stating, “The NCAA bylaws governing Brendan’s case have not adapted to the era of widespread legalized sports betting that this generation of college athletes now has to navigate.” That said, Texas Tech was among the member colleges that voted last year to roll back a relaxation of the NCAA’s strict no-gambling policy. In October, the NCAA gave the green light to a rule change that would have allowed student-athletes and athletics department staff to place wagers on professional sports. Barely a month after the new regulations went into effect, member schools, Texas Tech included, voted to reverse the rule change and revert to a full ban on all forms of gambling. Sorsby Would Face a Ban Regardless of Rule Changes Even if student-athletes had been permitted to gamble on pro sports, it would not have prevented Sorsby's penalty. In his legal complaint against the NCAA, he acknowledges that he began gambling while he was still in high school. His betting activity ramped up when he enrolled in college, resulting in “thousands” of bets placed on a wide range of events from Turkish basketball and Romanian soccer matches to the MLB draft, and Nathan’s Famous Hot Dog Eating Contest. He also confesses to betting on his own team during his time playing for the Indiana Hoosiers. He claims that his betting was a “compulsion” and says he “did not place bets for the purpose of making money.” Speaking about the Indiana wagers, he said he only bet on his own team to win to ‘feel closer’ to the group. “I rationalized placing those bets as a way to feel more connected to the team, to root for my friends, and to feel like I had a real ‘stake’ in the games that I otherwise was not involved in,” Sorsby said. As the NCAA has noted, betting on matches involving a player’s own team would lead to a ban in any sports league. “When it comes to betting on one’s own team, these rules must be enforced in every case for the simple reason that the integrity of the game is at risk,” the NCAA stated. “Every sports league has these protections in place, and the NCAA will continue to apply them equally because every student-athlete competing deserves to know they’re playing a fair game.” Sorsby argues that the bets were a symptom of his addiction and did not put the integrity of the sport at risk. He says his case should therefore be treated differently from other recent NCAA betting scandals, such as the incident where basketball players participated in a point-shaving scheme. Sorsby ‘Needs More Than a Slap On The Wrist’ In his latest Instagram post, Sorsby said, “I am deeply sorry to everyone I’ve disappointed and am committed to the hard and necessary work ahead.” ESPN’s Rece Davis said he believes the college athlete deserves to face consequences and does not accept the excuse given for betting on Indiana. “I’m sympathetic toward the addiction aspect of it, because it’s the dopamine rush, and the desire to have skin in the game,” Davis said on the most recent episode of ESPN's College GameDay Podcast. “I thought the feeling and connection to the team by betting on them fell a little flat in terms of his argument, saying that he bet on Indiana because he wasn’t playing and he wanted to feel closer to them. That fell flat to me.” “While having sympathy for the situation, your behavior still has consequences about what you might sacrifice,” Davis continued. “To me, betting on your team is beyond the pale. No matter how minute it was. While there might be some aspect where you may have some grace to let people work their way back because gambling has become so prevalent in our society, maybe there’s a defined path back as opposed to the lifetime ban. But, it probably needs to be more than a slap on the wrist.” Head Coach Pushes for Lenient Punishment Unsurprisingly, Texas Tech coach Joey McGuire is more aligned with Schovanec's stance than Davis' take. He praised Sorsby for seeking treatment for his gambling addiction and urged leniency in his penalty. “We’re here to support Brendan. I do believe that he made a mistake, and whenever that happens, I do believe there should be consequences,” McGuire said. “But it’s my opinion that he shouldn’t be penalized for the rest of this year, or his career.” Texas Tech athletic director Kirby Hocutt similarly called on relevant parties to support Sorsby rather than issue a life-altering punishment. “There’s penalties for everything that you do, and we would accept that and expect that, but at the same time, let’s help this young man who has been very vulnerable and has admitted to some wrongdoings,” Hocutt said. “Let’s give him a second chance and help him.” A hearing for the lawsuit Sorsby has brought against the NCAA is scheduled to take place at Lubbock County court on Monday. 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) - Marves Fairley has admitted guilt to multiple charges following his indictment in two significant betting scandals. Fairley confessed to compensating both NBA and NCAA athletes to intentionally perform below their capabilities for gambling advantages. “I consented to remunerate a player to alter their game performance, thereby providing me with an edge on wagers I made for myself and others,” Fairley stated in court on Thursday. He entered a guilty plea to a combined total of seven counts spanning the two indictments, which encompassed wire fraud, conspiracy to engage in money laundering, and bribery within athletic competitions. Prosecutors suggested a prison sentence of eight to ten years for Fairley, asserting his leadership role in the schemes and highlighting the substantial profits he accrued. It is alleged that he gambled millions of dollars on NBA and NCAA games, where he reportedly bribed players to perform poorly and acquired confidential information regarding team rosters. Betting Tip Service Persists in Sharing Selections Fairley had previously dismissed claims of his involvement in the scandal, labeling them as “media fabrications.” His Instagram profile, Vezino Locks, still displays a pinned video containing his rebuttal to a Sports Illustrated piece released last February. The article asserted that Fairley and his associate Shane Hennen had masterminded “one of the most widespread point-shaving controversies in North American sports history.” Hennen's name has appeared in both indictments alongside Fairley. In the Instagram video, Fairley declares, “I believe it's merely the media. It's simply someone penning articles and specifics about me who lacks personal acquaintance with me. I think this accompanies success. I believe the further you advance in life, the more avenues they seek to undermine you.” The inclusion of Fairley by prosecutors in the NBA indictment, alongside athletes, coaches, and figures from organized crime, did not impede his betting advice service. He has persisted in publishing his selections at a daily rate of $60. Even while he was entering his guilty plea in court on Thursday, his Instagram account proudly advertised a ‘sure bet’ for Game 6 of the Western Conference Finals. Additional posts depict him flaunting an opulent lifestyle financed by his gambling successes. Marves Fairley Img: Vezino Locks on Instagram Terry Rozier Confronts Additional Charges Following Fairley's Plea Although Fairley did not directly identify the NBA player he compensated to underperform, Assistant U.S. Attorney David Berman named him as Terry Rozier. Mere hours after Fairley's court proceedings, prosecutors lodged a fresh indictment against Rozier, incorporating charges of bribery in athletic competitions and conspiracy to commit honest services wire fraud. Rozier maintains his assertion of innocence regarding the scheme. His attorney, Jim Trusty, commented, “This case involves several desperate individuals with extensive criminal histories and significant legal vulnerability, and they are aware of what statements will appease these prosecutors.” Fairley Also Confronted Homicide Allegations Fairley possesses an extensive criminal history. Upon his arrest for drug offenses in 2016, he informed an agent “that he enjoyed gambling and acquired the majority of his financial assets through his capacity as a bookmaker.” In 2018, a grand jury indicted him for the murder of a man in the Witness Protection Program named Damos Daniels. The homicide was purportedly an act of retribution for Daniels having robbed Fairley’s brother. He inexplicably evaded the murder charges after a convoluted sequence of events. He was apprehended for unlawful firearm possession by a convicted felon. While incarcerated, an officer covertly provided him with a cellphone. Subsequently, he faced charges for possessing contraband within a correctional institution. In 2023, he admitted guilt to the contraband charge in return for the state dismissing the murder and drug charges. One year thereafter, he received a 15-year suspended sentence. Concurrently, he was corrupting collegiate and professional basketball players while engaging in high-stakes betting on their games. Notwithstanding the extensive array of charges against him and a background of diverse criminal conduct, he has been released on a $200,000 bond. This sum was guaranteed by his wife, his church pastor, and the superintendent of schools in Jefferson Davis County, Mississippi, his place of residence. 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) - Rush Street Interactive has submitted an application for a Designated Contract Market license, opening up a potential path for the parent company of BetRivers and PlaySugarHouse to enter the U.S. prediction markets space. Good to Know RSI submitted its DCM license application to the CFTC. Richard Schwartz played down the significance of prediction markets back in February. This application provides RSI with flexible options, rather than representing a confirmed launch roadmap. For months, Rush Street Interactive has kept prediction markets at arm's length. Now the firm has taken the first official regulatory step required to operate an event contract exchange within the United States. A DCM license would allow RSI to run a federally supervised prediction market. However, the application does not obligate the company to construct an exchange, acquire an existing one, or roll out a product. It may simply provide RSI with the flexibility to move forward at a later date should the regulatory landscape become more defined. RSI Falls Between Two Factions in the Gambling Industry This application puts RSI in an awkward position. DraftKings, FanDuel, and Fanatics have already expressed interest in prediction markets, in part because their business models are rooted in large-scale digital operations. MGM Resorts and Caesars have taken a more cautious approach, as their land-based casino licenses and existing relationships with state regulators expose them to additional risk.RSI falls right between these two groups. It was spun off as an independent digital business in 2020, though the Rush Street brand remains closely associated with Rush Street Gaming and the Rivers casino portfolio. This middle ground makes the application even more notable. Back in February, CEO Richard Schwartz told analysts that prediction markets were not a top priority and were not a core part of the company's sports betting offering. That said, he also noted that RSI was "continuously evaluating" the space and could leverage its existing technology for the segment if it made sense to do so. That potential pathway is now open to the company. Susquehanna analyst Joseph Stauff has posited that the application may be a move to keep options open, rather than a concrete decision to launch. This lines up with the low-commitment nature of a CFTC application, especially when compared to the costs of securing iGaming or sportsbook licenses on a state-by-state basis. Investors have not shown a strong reaction to the news. RSI's share price is down 3.5% week-over-week, but remains up 9.8% month-over-month. Over the last 12 months, the company's stock has more than doubled in value, while DraftKings' share price has dropped 29% over the same period.Regulatory risk remains a key concern. A number of state gambling regulators have warned operators that engaging in prediction market activity could put their casino licenses at risk. Nevada's regulators issued that exact warning in October, and the broader debate over sports event contracts remains unresolved. RSI now has a clear choice to make. It can hold onto the application as a safeguard, or it can follow its digital competitors into the prediction markets space. Either way, it appears BetRivers is no longer satisfied with observing the segment from the sidelines. 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) - Caesars Entertainment has reached an agreement to be acquired by Fertitta Entertainment in an all-cash deal valued at $17.6 billion. The transaction encompasses $11.9 billion in debt, Caesars' casino properties, and its online and retail sportsbook operations. Good to Know Fertitta Entertainment will provide Caesars shareholders with $31 in cash for every outstanding share. The agreement encompasses 53 hotel-casino properties and the Caesars sportsbook operations. Caesars executives, including Tom Reeg, Bret Yunker, and Anthony Carano, are anticipated to remain in their positions. Tilman Fertitta has secured a deal for one of the most prominent casino groups in the United States. Fertitta Entertainment, which already has ties to Golden Nugget, the Houston Rockets, and multiple restaurant chains, will take Caesars private pending shareholder and regulatory approval. The $31-per-share offer represents a 49% premium over Caesars' unaffected share price from February 25. The Carano family, which holds approximately 5% of Caesars shares, will retain a portion of its investment in the new entity. Caesars Deal Brings Casinos And Sports Betting Under Fertitta Caesars provides Fertitta Entertainment with an extensive U.S. casino portfolio, a flagship Las Vegas Strip brand, and a nationwide digital gaming business. The company runs 53 hotel-casino properties, and Caesars Sportsbook provides mobile betting in over 20 U.S. states.The digital assets also offer Fertitta scale beyond physical locations. Caesars' online sportsbook and iGaming offerings will be combined with the Golden Nugget digital platform, granting the acquirer a more substantial online presence in the U.S. sports betting and online casino sectors. Caesars stated that its existing leadership team will continue following the deal's closure. CEO Tom Reeg, CFO Bret Yunker, President and COO Anthony Carano, and other top executives are expected to retain their roles. The companies had previously considered a combination. Discussions were reported in February, and a potential merger was also explored in 2018. Caesars presented the sale as a direct cash benefit for investors following a prolonged decline in its stock price. Caesars shares increased roughly 1.5% on Thursday morning after the agreement was announced, despite the stock losing nearly 70% of its value over the last five years.“The Board of Directors of Caesars Entertainment has approved the transaction and recommends that Caesars shareholders adopt and approve the merger agreement,” the company stated. “The Board, after detailed consideration with the assistance of its outside financial and legal advisors, determined that the immediate cash premium offered by this transaction is compelling for Caesars shareholders, and its approval of this transaction underscores its commitment to drive and deliver value for shareholders.” Upon completion, Caesars common stock will be delisted from the NASDAQ. The companies announced the combined network will feature 60 casino resorts within the Caesars Rewards program, offering guests more destinations within the expanded casino and hospitality group. “Together, Caesars and Fertitta Entertainment have a shared commitment to operational excellence, customer service, and disciplined growth, with employees and guests remaining at the heart of the business,” Caesars said in its release. 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) - According to a new study by XY Legal Solutions B.V. and VNLOK, a significant volume of illicit online gambling advertisements were seen by Dutch users on Facebook and Instagram in March 2026. The analysis utilized data from the Meta Ad Library and concentrated on gambling-related search terms in the Dutch language. Good to Know In March 2026, researchers detected 15,114 unlawful gambling advertisements. These advertisements directed users to 1,292 distinct URLs and originated from 2,210 Facebook pages. Meta's estimated advertising earnings for the month were between €606,551 and €1.14 million. The investigation examined ads associated with terms like “gokkast,” “gratis spins,” “welkomstbonus,” and “Holland Casino.” Advertisements were deemed illegal if they promoted operators lacking a license from the Kansspelautoriteit. The reported audience reach for the March sample was 37.9 million Dutch users. Assuming an average of two views per user, the study's authors calculated approximately 75.8 million impressions during the month. Young Adults Became A Key Target While Dutch advertising regulations prohibit licensed operators from targeting individuals under 24, unlicensed operators seemed to focus precisely on that demographic. The report indicates that 65.4% of the illegal ads targeted users below the age of 24.Data from March showed 5.8 million impressions within the 18 to 24 age bracket. Projected over a year, this would amount to roughly 71 million impressions for that group. An independent study released earlier in May also concluded that Dutch gambling ads on social media, including those from licensed operators, had been viewed by users under 24. The KSA had previously highlighted the extent of the issue. In April, the regulator submitted over 4,600 reports to Meta concerning illegal gambling promotions on its platforms. The KSA's 2025 reporting further estimated that broader social media channels hosted about 50,000 illegal gambling ads monthly in the preceding year. Meta did take action to remove some content during the research period, with about 38.3% of the identified ads being disabled or deleted. Nonetheless, the report noted that new advertisements were being created more rapidly than existing ones were being taken down. To evade enforcement, operators employed brief advertising campaigns. The median campaign duration was three days, and 93% ran for fewer than 14 days. Some ads funneled users via app-store links before redirecting to unlicensed gambling websites. Others impersonated established Dutch brands or utilized fabricated testimonial accounts.The study also projected potential revenue for Meta from these ads. Applying public CPM benchmarks for the Netherlands, the estimated March revenue was €606,551 at an €8 CPM, €834,008 at an €11 CPM, and €1.14 million at a €15 CPM. Annually, this would translate to between €7.3 million and €13.6 million, though the report described these figures as indicative since Meta does not disclose internal revenue data for this advertising category. The research underscores an uneven playing field for licensed gambling operators in the Netherlands. Legal companies must adhere to stringent rules regarding broad advertising and younger viewers, while unlicensed operators persistently purchase audience reach on social media. 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 UK Advertising Standards Authority has instructed Cyan Blue Odds Ltd, operating as Oddschecker, to refrain from republishing two Instagram posts containing betting references that featured Harry Kane and Erling Haaland. Key Highlights ASA upheld complaints regarding two Instagram posts from OddscheckerTV dated November 2025. The regulator determined that Kane and Haaland hold significant appeal to individuals under 18 within the context of gambling-related material. A distinct Betway post featuring Thierry Henry was found not to violate the same regulations. This decision serves as a stark reminder to UK gambling affiliates that social media posts may be classified as advertisements even if a company labels them as editorial content. The ASA noted that the Oddschecker posts were published on an account managed by Oddschecker, contained betting statistics, and directed users toward gambling services. Footballer Posts Do Not Meet ASA Standards One post from OddscheckerTV displayed England captain Harry Kane alongside the text: “Harry Kane is the most backed player to win the Ballon d’Or in 2026 (32% of bets)”. Another post showcased Erling Haaland with the caption: “Norway are the most backed to win 2026 WC”. This post also mentioned improved prices and shorter odds offered by specific bookmakers.A researcher from the University of Bristol contested the posts, asserting that prominent footballers featured in gambling content are likely to strongly attract those under 18. After examining the content and Instagram's access restrictions, the ASA concurred. Oddschecker contended that the posts constituted editorial commentary rather than direct advertisements. The firm also highlighted an 18+ restriction on the OddscheckerTV account and a profile biography characterizing the content as intended for adults. Nevertheless, the ASA determined that these protective measures were inadequate. The regulator referenced Ofcom statistics indicating that 52% of 13 to 15-year-olds and 76% of 16 to 17-year-olds are regular Instagram users. It further noted that many young users provide false ages, and platform checks do not consistently prevent access by minors. Additionally, the regulator dismissed the argument that the posts fell outside the scope of gambling advertising regulations. Because they referenced betting volumes, bookmaker odds, and Oddschecker services, the ASA classified them as marketing communications under the CAP Code.The ASA concluded that the posts violated social responsibility clauses and ordered Oddschecker to discontinue their use in their current format. It also cautioned the company against featuring individuals or characters with strong appeal to minors in future gambling advertisements. Complaint Regarding Betway’s Thierry Henry Post Dismissed Conversely, Betway faced no regulatory action regarding an Instagram post involving Thierry Henry. The post advertised an interview with Henry, Betway’s global ambassador, and displayed Betway branding, responsible gambling logos, an 18+ badge, and a reference to GambleAware. Betway asserted that Henry primarily appeals to an older demographic of football fans. Having retired from professional play some time ago, he now works predominantly as a pundit, including for CBS Sports in the United States. The company also provided evidence demonstrating a low count of UK-based Instagram followers under the age of 18. The ASA accepted this reasoning. While acknowledging Henry’s substantial general profile, the regulator noted that his current media role and limited following among UK youth implied he was unlikely to possess strong appeal to under-18s according to CAP guidance. 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) - Between June 26 and July 10, 2026, Arizona will be accepting applications for new event wagering licenses, providing sportsbook operators a fresh opportunity to join a market that has seen the departure of multiple brands since its inception. Good to Know The sports betting framework in Arizona provides for a total of 20 event wagering licenses. These are split evenly, with 10 licenses allocated to tribal partners and 10 to Arizona sports franchise partners. The upcoming application period is scheduled for June 26 through July 10. Opportunities for new sportsbook operators have emerged in Arizona. Following a period where several companies exited the state as part of a broader contraction within the U.S. sports betting sector, the Arizona Department of Gaming is reopening the licensing process. When sports betting was legalized in 2021, the state established 20 event wagering licenses, dividing them equally between those partnered with state tribes and those affiliated with Arizona sports franchises. Vacant Licenses Put Arizona Back In Play With only 14 licenses currently active, Arizona has vacancies available. Following a previous application window in 2024, regulators are now preparing to evaluate a new group of applicants.“As the state regulator, we remain dedicated to consumer protection and a thorough licensing review process,” stated Cliff Holden, assistant director of certification and licensing for the Department of Gaming. “We look forward to receiving new applications for regulated event wagering.” These openings come after a period of industry-wide consolidation. Brands including Betfred, SuperBook Sports, Betway, Fubo Sportsbooks, TwinSpires, Unibet, and WynnBet have all ceased operations in Arizona, with many of these also exiting other U.S. markets. In a separate case, SaharaBets exited the market after losing its sports franchise affiliation following the relocation of the NHL team formerly known as the Arizona Coyotes to Utah. Despite the reduction in the number of active licensees, Arizona remains home to major national sportsbooks such as DraftKings, FanDuel, BetMGM, Caesars, bet365, and Fanatics, ensuring that any new entrant will face a highly competitive environment.Nevertheless, securing a license does not ensure success. New operators will encounter significant challenges, including substantial customer acquisition expenses, competition from well-funded incumbents, and a broader U.S. betting landscape that is increasingly shifting focus toward prediction markets. 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) - Eilers & Krejcik Gaming anticipates that the 2026 FIFA World Cup will generate a significantly larger U.S. online betting market compared to the 2022 tournament, driven by an increased number of matches, favorable North American time zones, and heightened mainstream interest in soccer wagering. Good to Know EKG forecasts wagers totaling $2.82 billion for the 2026 FIFA World Cup. A strong performance by Team USA could drive the handle to nearly $4 billion. Conversely, an early elimination for the U.S. might reduce betting volume to slightly above $2.3 billion. Scheduled from June 11 to July 19 across the U.S., Canada, and Mexico, the 2026 FIFA World Cup is expected by EKG to yield a betting handle of $2.82 billion. This figure significantly surpasses the $900 million to $1 billion estimated for the 2022 World Cup. Compared to the upper limit of the 2022 range, the 2026 projection represents an 182% surge in U.S. online World Cup betting. The expansion of the tournament format accounts for much of this growth, with the number of teams increasing from 32 to 48 and the total matches rising from 64 to 104. Team USA Performance May Determine Final Betting Totals EKG does not regard the $2.82 billion forecast as fixed. The performance of Team USA could adjust these figures in either direction, particularly given that the tournament is taking place partly on home turf.“Our forecast comes with wide error bars because of the impact of a potential run from the U.S. Men’s National Team, but our base case assumes they advance from the group stage before exiting in either the Round of 32 or Round of 16,” EKG noted in its report. An extended run by Team USA would likely stimulate more casual wagering, increased in-play betting, and greater engagement from U.S. sportsbooks. EKG indicated that in such a scenario, the handle could approach $4 billion. On the other hand, a brief tournament appearance could diminish that potential. An early exit might result in a total betting handle of just over $2.3 billion. While Team USA advanced to the Round of 16 in the 2022 World Cup, the squad has also failed to progress past the group stage on three occasions since 1990. For sportsbook operators, the expanded FIFA World Cup offers an extended betting schedule, a wider array of soccer markets, and additional opportunities to attract casual bettors. Nevertheless, EKG identifies Team USA's performance as the most significant variable influencing U.S. World Cup betting handle. 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) - Fertitta Entertainment has revealed its agreement to purchase Caesars Entertainment via an all-cash deal valued at $17.6 billion, including $11.9 billion of Caesars’ outstanding debt. While the deal is subject to Caesars’ shareholders’ approval, its board of directors has already greenlit the transaction and recommended that shareholders adopt the merger agreement. In a press release, Caesars noted the agreement includes a “‘go-shop’ period running through July 11, 2026, during which Caesars and its financial and legal advisors may solicit, evaluate, and negotiate alternative acquisition proposals from third parties.” Fertitta has committed to paying $31 per share—slightly below the $32-$34 range mentioned last month. However, this price remains significantly higher than the current trading value of $28.72, and far above the $18.14 the stock hit in February. Billionaire Carl Icahn, owner of Icahn Enterprises, was reportedly considering a bid for Caesars as well, but that effort does not appear to have materialized. Dominating Vegas By acquiring Caesars, Tilman Fertitta, the owner of Fertitta Entertainment, is making a major bet on the gambling industry at a time when stocks have been declining. Fertitta owns Landry’s, one of the largest restaurant corporations in the U.S., along with the Houston Rockets basketball team. In the gaming sector, his company operates the Golden Nugget Hotel and Casinos brand, with locations across the country including Las Vegas, Laughlin, Atlantic City, Biloxi, Lake Charles, and Lake Tahoe. Additionally, Fertitta is the largest shareholder in Wynn Resorts, though he has pledged not to get involved in the company’s operations. Adding Caesars to his portfolio will let him dominate the Las Vegas Strip, gaining properties like Caesars Palace, Planet Hollywood, Harrah’s, The Paris, and The Flamingo. Caesars also operates over 50 casinos nationwide. This announcement follows Caesars’ acquisition of Westgate Superbook last month, which would become part of Fertitta Entertainment if the transaction closes. FTC Could Force Sale Of Assets The Federal Trade Commission (FTC) may object to what could be seen as a threat to competition. Back in 2020, the FTC required Eldorado and Caesars to divest assets before allowing Eldorado to complete its acquisition of Caesars. At that time, the FTC stated the proposed deal would harm competition for casino services in the South Lake Tahoe, Bossier City-Shreveport, and Kansas City local markets. Before approving the transaction, the agency forced Eldorado to sell the MontBleu Resort Casino and Spa in Lake Tahoe and the Eldorado Casino Resort in the Bossier City-Shreveport area. Given Fertitta’s already strong presence in Nevada’s casino industry and beyond, a similar asset divestment agreement may be necessary. Digital Arm Also Growing Fertitta would also take over Caesars’ expanding online division. Caesars Digital grew its revenue by 38.7%, from $302 million in Q4 2024 to a record $412 million in Q4 2025. Fertitta previously launched Golden Nugget Online Gaming (GNOG), which DraftKings acquired for $1.56 billion in 2022. As part of that sale, Fertitta became one of DraftKings’ largest individual shareholders and joined its board of directors. However, after being appointed U.S. Ambassador to Italy, he has stepped back from that role and other day-to-day involvements in Fertitta Entertainment and his other ventures. Fertitta Has Only “Passive Interest” In Business When appointed last March, he said he would retain only “a passive interest” in his businesses. He added: “I will receive only passive investment income. With regard to each of these entities, I will not participate personally and substantially in any particular matter that to my knowledge has a direct and predictable effect on the financial interests of the entity or its underlying holdings.” In addition to the potential Caesars acquisition, Fertitta bought the Connecticut Sun for $300 million last year—setting a WNBA franchise record price. The team will relocate to Houston next year as the Comets, further cementing Fertitta’s focus on Texas. Together with the Caesars deal, this could pave the way for a push to legalize casinos in Texas. Las Vegas Sands has been lobbying aggressively to legalize casinos in Texas, and if successful, Fertitta is highly likely to seize the opportunity to develop a resort in the state. While subject to shareholder and regulatory approval, the proposed acquisition has no financing condition. The transaction will be funded through a mix of equity from Fertitta Entertainment, assumed Caesars debt, and new committed debt financing arranged by a group of 10 banks. 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) - Arsenal and PSG will meet in the UEFA Champions League final this weekend, the premier event in European soccer. Our betting preview analyzes the odds and provides tips ahead of the fixture. PSG are the reigning champions after defeating Inter Milan decisively 5-0 in last year’s final. Arsenal are appearing in their first final since 2006, when they were beaten by Barcelona. The London side has already secured the Premier League title, lifting the English league for the first time since 2004. Having ended that long wait, they will be more confident of achieving a double this weekend. Arsenal have never won the UCL trophy; their sole European success was the now-defunct Cup Winners’ Cup in 1994. Who Are The Bookies Favoring? PSG are favored to claim a second consecutive title at odds of around -145. Arsenal are offered at approximately +210. In the UCL era, only Real Madrid has managed to retain the trophy, winning three straight between 2016 and 2018. PSG overcame Arsenal in both legs of last season’s semi-final on their way to the title, but Arsenal have raised their level this season and appear a stronger challenge. The French club is priced at +130 to win after 90 minutes, which looks a more appealing bet than the -145 on them to lift the trophy. Finals have not finished level in the last nine seasons, yet we see little to choose between the sides, so we will steer clear of the moneyline. Back Against Goals A stronger option appears to be backing against goals. PSG were impressive in last year’s final, thrashing Inter Milan by a record 5-0. Typically, however, finals are tight contests, and this Arsenal side has built its success on a dependable defense. With David Raya in goal, Arsenal have recorded the most clean sheets in the EPL over the past three seasons, including 19 during their title-winning campaign this year. PSG have also been less prolific this term. They claimed the French title last year while scoring 92 goals, but managed only 78 this season. Ousmane Dembele won the Ballon d’Or last year and led the team with 35 goals across all competitions. This year, however, he has just 18. Under 2.5 goals could be the play at odds of -125. That outcome has occurred in three of Arsenal’s last four matches, and likewise for PSG. In fact, only the end-of-season dead rubbers featured more goals, and only just, with 2-1 scorelines in each. In the last eight seasons, aside from last year’s anomaly, only one other final has produced more than 2.5 goals. That required goalkeeping errors from Liverpool keeper Loris Karius to give Real Madrid a 3-1 win in 2018. Best Bet: Under 2.5 Goals -125 (DraftKings) Goalscorer Odds Arsenal have several threats in the box, with Victor Gyokeres leading their scoring charts. The Swede is +700 to open the scoring and +260 to find the net at any time. However, he may not start as Kai Havertz has often been preferred since returning from injury. Havertz scored the winner in the UCL final for Chelsea in 2021 and looks a stronger option than Gyokeres at odds of +800 to score first and +300 anytime. Expecting a tight contest, it may come down to set pieces to break the deadlock. Arsenal scored 19 goals from corners this campaign, the most in a single Premier League season. Arsenal last opened the scoring from a set piece in the 2006 final, when Sol Campbell scored. We are again looking at defenders for value. Dutch defender Jurrien Timber netted three times this season, though he faces a race for fitness to feature in the final. Brazilian defender Gabriel has arguably been Arsenal’s standout performer in recent seasons. He is dominant in the air in both boxes and a threat from set pieces. Like Timber, he scored three times in the league, as well as once in the UCL. At odds of +3000 to score first, he could be a worthwhile long shot to put Arsenal ahead, or +1700 to score anytime. Best Bet: Gabriel To Score First +3000 (DraftKings) Arsenal Will Need To Get Physical Linked to our play on Arsenal to score from a set piece, we expect PSG to control possession. The French club has averaged 63.4% possession in the UCL this season, well above Arsenal’s 52.6%. Arsenal will have to compete physically to win the ball back, so backing key defensive figures to make decisive tackles could be astute. Declan Rice is Arsenal’s midfield general and has averaged 1.83 tackles per match this season. In most of those matches, Arsenal have had the upper hand, so we would expect the England midfielder to make at least three tackles against PSG, priced at +155. Best Bet: Declan Rice +3 tackles +155 (DraftKings) After the match, attention will turn to the World Cup. Check back for more previews as the tournament approaches kick-off on June 11. 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 software engineer employed by Google has been indicted in New York in connection with alleged insider trading activities on Polymarket. According to prosecutors, Michele Spagnuolo purportedly leveraged confidential information from Google to generate over $1.2 million in profits from bets placed on a prediction market. Key Details Michele Spagnuolo is accused of trading under the username AlphaRaccoon. Prosecutors claim he wagered more than $2.7 million on markets related to Google's Year in Search data. Google has confirmed that the employee has been placed on administrative leave. Google Data Becomes Central to Prediction Market Allegations The Department of Justice has stated that Spagnuolo allegedly utilized internal Google Search data to place bets on markets associated with Google Year in Search 2025. The charges pertain to wagers made on lists of the most-searched individuals, with prosecutors asserting these bets were based on non-public company information. Jay Clayton, the United States Attorney for the Southern District of New York, commented: “As alleged, Spagnuolo breached the duties he owed to his employer and exploited Google’s confidential business information to secure over $1.2 million in trading profits on Polymarket.”Polymarket has indicated its cooperation with the Southern District of New York and the CFTC. A representative for the company stated: “Blockchain trading is transparent, traceable, and bad actors leave footprints.” Google has also acknowledged a violation of its internal policies. The company issued a statement saying: “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies.”This case represents another legal challenge for prediction markets, platforms where event contracts can cover outcomes in sports, politics, entertainment, and business. In a separate, recent case involving Polymarket, federal prosecutors charged a U.S. Army soldier accused of using classified military information to earn approximately $400,000. 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.




















