Casino and gambling Industry News & Business Insights

By: Paul Skidmore

UK Remote Gaming Tax Receipts Jump 108% Following Rate Hike

UK Remote Gaming Duty receipts more than doubled year-on-year in July, offering an early indication of how the government's increase from 21% to 40% is affecting Treasury revenues.
By: Paul Skidmore

Young adults betting to escape debt: what a new US survey really shows

A US survey raises concerns about gambling to repay debt, but its findings need context. Here is what the research means for younger UK adults.
Woman Wins $1.2 Million at Pechanga Casino
Grant MitchellBy: Grant Mitchell

San Diego Slot Machine Player Wins $1.2 Million at Pechanga Resort Casino

The woman, whose identity has not been revealed, turned a $25 wager into an eye-watering $1,152,944.82 payout last weekend. The $25 bet was the minimum...
Mormon Church Leader Warns Against Sports Betting, Prediction Markets
Richard JanvrinBy: Richard Janvrin

Mormon Church Leader Warns Against Sports Betting, Prediction Markets

A Mormon church leader is warning younger people about the growing accessibility of sports betting and prediction markets.
Kalshi Seeks $1 Billion Funding Round at $40 Billion Valuation
Richard JanvrinBy: Richard Janvrin

Kalshi Seeks $1 Billion Funding Round at $40 Billion Valuation

Kalshi is reportedly close to raising another $1 billion, which would bring its valuation to $40 billion.
DraftKings Stock Falls to Lowest Level Since 2023
Richard JanvrinBy: Richard Janvrin

DraftKings Stock Falls to Lowest Level Since 2023

DraftKings shares have fallen to their lowest level since April 2023 amid growing prediction market competition.
Eight Washington Casinos Closing Down
Grant MitchellBy: Grant Mitchell

Eight Washington Casinos Closing as Maverick Gaming Goes Bankrupt

Maverick Washington LLC, a division of Maverick Gaming, could put up to 850 individuals out of work as part of the widespread closures.
By: Paul Skidmore

G2E 2026 puts casino investment and industry pressures in the spotlight

Casino executives discussed investment and shareholder pressures at G2E 2026, with Wayne Gretzky among the event’s headline speakers.
By: Paul Skidmore

Dutch regulator tightens checks after Quick Boys lottery licence fraud

A fraudster used Quick Boys’ identity to obtain a Dutch lottery licence, prompting tighter checks and a warning to consumers buying tickets.
Iowa Casino Unveils Astronaut Exhibit
Grant MitchellBy: Grant Mitchell

Cedar Crossing Casino Unveils Astronaut Exhibit & Entertainment

The casino’s leadership said that they hoped the complex would be viewed as more than just a destination with slot machines and table games.