Casino and gambling Industry News & Business Insights

Two men who ran an illegal poker venue in Cardiff have received suspended prison sentences after an investigation uncovered substantial payments and players left indebted to the organisers.

Two Elko casinos with 239 workers face a Nov. 30 closure after a Chapter 11 filing, but co-founder Eric Persson says a buyback will keep them open.

The FCA has confirmed engagement with prediction market operators as Kalshi and Polymarket explore Britain, but existing gambling rules and a retail trading ban remain significant barriers.

Bookmaker sponsorship of British racing has fallen 17% this year, with higher gambling taxes prompting operators to reconsider longstanding partnerships.

Outdated anti-money laundering policies and missed opportunities to protect customers have resulted in a £5m regulatory settlement for Rank’s land-based casino business.

Union leaders lobbied for a $10-per-hour wage increase across four years, a $25 minimum hourly wage, and guarantees for existing healthcare and pensions.

Licensed operators in Brazil went offline on Oct. 6. Banks now handle player refunds while the Supreme Court weighs challenges to the betting ban.

Informa has agreed to buy Clarion Events, the organiser behind ICE and iGB Live, in a £2.24bn deal that will put major gambling industry gatherings under new ownership.

Bank of America upgraded DraftKings to buy after shares fell 47% over the past year.

New Zealand's regulated online casino market could generate between NZ$10 million and NZ$20 million for community organisations, according to government analysis.