MGA Issues Warning About Gambling Sites Falsely Claiming Maltese Licenses
The Malta Gaming Authority (MGA) is cracking down on unlicensed sites that are targeting players in Malta and the rest of Europe. It has issued a warning regarding two operators which are claiming to be licensed by the MGA. The regulator says it has issued no such licenses. engaging with these types of sites could […]
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Analysts See Big UK Gambling Firms Eating Small as Tax Hike Levels Industry
Gloom and silver linings With a “deeply appalled” here and a “devastating hammer blow” there, UK gambling firms and trade bodies have in the main reacted to Chancellor Rachel Reeves’ Wednesday tax hikes with dark dismay. gorge on market share left by smaller brands Amid the gloom, however, another scenario is emerging according to analysts […]
VGCCC Penalizes a Dozen Properties over Poker Machines Work Hour Violations
The Victorian Gambling and Casino Control Commission announced enforcement action against a total of 12 gaming venues due certain violations. Some of these properties were fined for allowing players to gamble outside permitted trading hours, while others were slammed with censure warnings. VGCCC Penalized 12 Properties In its official announcement, the VGCCC listed several operators […]
A Mariah Carey Christmas Returns to Vegas
A Mariah Carey Christmas will once again bring holiday spirit to Las Vegas with a new residency titled “Christmastime in Las Vegas.” The Grammy-winning singer announced a 10-show run at Dolby Live at Park MGM, scheduled from November 28 through December 13, 2025. Performances are set for November 28th and 29th, December 2nd and 3rd, […]
MGA Issues Warning Over Unlicensed Gambling Sites Misleading Players
The Malta Gaming Authority (MGA) has issued a stern warning regarding two online gambling platforms—lavbet321.com and kasinoseta.com—which are falsely claiming to be licensed by the MGA. The regulator has clarified that these sites are not authorized to offer gaming services in Malta and that any assertions suggesting they are linked to the MGA are completely false and […]
Prediction Markets Pose New Credit Risks, Bank of America Warns
Bank of America has raised concerns about a growing financial risk posed by the rapid expansion of prediction markets and online sports betting in the United States. The bank’s global research team highlighted the increasing prevalence of these markets and platforms, noting that they are attracting new risks for consumers and lenders alike. Particularly vulnerable groups, such […]
UAE’s First Licensed iGaming Platform Play 971 Goes Live
The United Arab Emirates (UAE) has taken a significant step in expanding its regulated gaming market with the recent launch of Play 971, the first fully licensed iGaming site in the country. The platform, which went live in late November 2025, has been licensed by the General Commercial Gaming Regulatory Authority (GCGRA). This marks a historic […]
Kalshi Faces Legal Battle Over Alleged Unlicensed Sports Betting Practices
Kalshi, a prominent prediction market platform, is facing a significant legal challenge in the form of a class action lawsuit. The suit, filed in the Southern District of New York, accuses the company of operating an unlicensed sports betting platform that deceives consumers into thinking they are participating in a peer-to-peer market, when, in reality, they are […]
PENN Committee Affirms Board’s Good-Faith Conduct in HG Vora Conflict
PENN Entertainment’s prolonged battle with activist investor HG Vora has taken another turn after an independent Special Litigation Committee (SLC) concluded the company’s board acted appropriately and “in good faith” during last year’s heated proxy showdown. The committee’s findings, filed in federal court on November 26, detail why it believes PENN’s leadership neither violated fiduciary […]