Andy Barr introduces WAGER Act to restore full gambling-loss deduction
If enacted, the proposal would restore deductions of up to 100% of winnings and change US gambling-loss tax treatment.
All news
Reports
Acquisition
Spreadex challenges CMA’s proposed remedy for Sporting Index acquisition
The CMA’s review could require Spreadex to sell the acquired business, leaving the deal’s outcome unresolved.
Reggio Calabria court rules mafia aggravating factor absent in Gambling case
The ruling removes the mafia aggravating factor and orders the return of assets seized from Trusciglio’s companies.
Licence
GCGRA licenses Pollard Banknote as a UAE gaming vendor
The approval allows Pollard Banknote to pursue supply opportunities with regulated lottery operators in the UAE.
Licence
ADM extends Italy’s online gambling concessions to 12 November
Operators must decide whether to accept the extension and its prorated fee before the stated deadline.
Gambling Commission delays cross-selling restrictions to 19 January
Operators have an additional month to adjust promotions and bonus terms before the restrictions take effect.
Appointment
Flutter Brazil appoints Henrique Mendonça to lead Betnacional social strategy
The appointment places Betnacional’s creator and community strategy under a named executive in Brazil’s regulated betting sector.
Licence
ADM extends Italian online gaming licence application process to 12 November
The extension changes the timetable for applicants seeking new Italian online gaming concessions.
Acquisition
Apple iSports agrees to acquire LBC Enterprises for about $125 million
The proposed deal would transfer control of LBC and its gaming operations, subject to regulatory approval.
VGW begins withdrawing sweepstakes play from New Jersey before proposed ban
VGW’s phased withdrawal limits Promotional Play in New Jersey while the bill banning sweepstakes casinos awaits action.
Kenyan lawmakers propose Sh100m security deposits for online betting firms
The proposed guarantee could raise financial requirements for online betting operators and affect firms with limited capital.
SOFTSWISS launches sportsbook and casino platform project with Mzansibet in South Africa
The project brings SOFTSWISS sportsbook and casino technology to a South African operator following local approval.
Results
Las Vegas Sands and Churchill Downs post Q2 results as gaming stocks diverge
The reported results and buyback provide investors with company-specific financial and capital-return information.
Spreadex challenges CMA’s provisional Sporting Index merger findings
The CMA’s remedy could require Spreadex to recreate and sell a competing business, reshaping competition after the acquisition.
Macau gaming shares rise 53% from April lows as revenue rebounds
The share rally and revised revenue forecast give investors updated indicators of Macau casino operators’ performance and outlook.
Appointment
The Lottery Corporation appoints Wayne Pickup as managing director and CEO
Pickup’s appointment sets a leadership transition for the lottery operator, subject to regulatory approvals.
Licence
DigiPlus plans South Africa licence applications
DigiPlus’s planned licence applications signal a potential regulated-market entry, but the applications have not yet been made.
Macau June gaming revenue reaches MOP21.06bn as analysts assess closures
The closures and potential table relocations affect casino operators’ property portfolios and Macau’s gaming capacity.
GambleAware plans to close by March 2026 as statutory levy replaces donations
Operators’ compulsory levy contributions replace the voluntary funding scheme managed by GambleAware.
PTSB adds voluntary gambling transaction block for Irish customers
The block gives customers another way to prevent gambling-related card payments while Ireland develops a national exclusion register.
World Lottery Association urges rules limiting lottery courier bulk purchases
The proposals could shape how regulators oversee lottery couriers and prevent large-scale ticket buying.
Appointment
AGLC appoints Larry Spagnolo as Alberta board chair
The appointment places a new chair at the AGLC as Alberta prepares to open its commercial online gambling market.
Loto-Québec and suppliers discuss closing land-based and online gaming gap
The examples show operators and suppliers testing cross-channel products across casino venues and online platforms.
Macau casino shares rise nearly 60% from April lows
The reported share-price gains and analyst views may shape investor expectations for Macau casino operators’ earnings.
Caixa lotteries transfer R$765.1 million to Brazilian football clubs from 2015 to 2025
The statutory allocation and debt-payment restriction shape how lottery proceeds are distributed to football clubs.