Bally’s weighs asset sales and equity to address financing needs
Bally’s financing choices could affect its planned $4 billion Bronx casino project and its Las Vegas development rights.
All news
Reports
Tuscany court confirms VLT licence revocation over unreported entrance change
The decision makes clear that venue plans alone may not satisfy notification requirements for changes affecting supervision.
Connecticut judge rejects Kalshi’s emergency injunction request
Kalshi remains without its requested emergency injunction during appeal after the judge rejected reliance on the CFTC order.
Appointment
Vicky Foxcroft becomes UK gambling minister amid local licensing reform
Foxcroft’s appointment coincides with proposed changes that could affect how councils assess new gambling premises.
NWGB and SAPS inspect illegal gambling operations in Matlosana
Illegal gambling operations in Matlosana face increased enforcement through joint inspections by gambling authorities and police.
Appointment
Jaime Vives Pinedo takes over Coljuegos presidency in Colombia
Coljuegos’ new president assumes oversight of authorised operators, illegal gambling enforcement and monitoring gambling revenue that funds healthcare.
Australian government proposes gambling ad opt-out register and operator levy
Wagering providers may face levy costs and a central advertising opt-out mechanism if the proposals pass.
DigiPlus appoints Teneo as strategic adviser for overseas expansion
DigiPlus appointed Teneo as strategic adviser while considering further overseas expansion and holding South African and Brazilian licences.
Albania completes regulations for online sports betting reopening
Operators seeking entry must meet identity verification, transaction monitoring and digital self-exclusion requirements before serving Albania’s reopened market.
Chilean MP requests implementation timetable for court-ordered betting website blocks
Court-ordered website blocking requires SCJ validation before Subtel instructs internet providers, while Arroyo seeks deadlines and domain validation criteria.
LOTBA discusses responsible gambling measures with Buenos Aires civil society organisations
LOTBA presented youth-focused digital prevention and coordinated illegal gambling controls to Buenos Aires civil society organisations.
Results
Bally’s Intralot reports €276.1m Q2 revenue and €34m UK tax impact
The UK duty increase coincided with lower adjusted EBITDA, despite revenue growth and cost measures offsetting part of its impact.
South Korean police arrest 58 over alleged KRW78bn gambling operation impersonating Kangwon Land
For operators, the case involves alleged gambling websites impersonating Kangwon Land that attracted around 40,000 Korean users.
Meta removes Dutch gambling adverts targeting self-excluded users
The report highlights gaps in controls when gambling adverts reach Dutch users registered with Cruks.
Coljuegos sets temporary relief for operators affected by Colombia earthquake
Affected operators may seek operational adjustments, but must prove direct impact and continue paying applicable charges.
Brazil’s SPA suspends Pixbet licence over monitoring and documentation failures
Pixbet’s federally licensed sites are limited to withdrawals, and unfinished bets must be cancelled and refunded.
Chile’s Arroyo asks Subtel and SCJ for online betting block timetable
Operators and internet providers need clarity on the timing and responsibilities for implementing the court-ordered blocks.
Chaco legislature approves protections restricting credit for people with gambling disorder
Banks, card issuers and fintechs operating in Chaco would face new register-checking duties and sanctions for non-compliance.
Departure
Janshen-Hahnraths appoints Björn Fuchs CEO as Kim Hollands steps down
The leadership handover follows a financial turnaround and accompanies plans to reduce shareholder debt.
Massachusetts Gaming Commission lists approved sports wagers and restrictions
Operators must apply the commission’s event and wager restrictions when offering sports betting in Massachusetts.
GCGRA signs regulatory cooperation agreement with ADGM’s FSRA in UAE
The agreement establishes information sharing, coordinated supervision and investigation support where GCGRA and ADGM’s financial regulator have overlapping responsibilities.
NGB urges South Africans to protect household finances when gambling
South Africa’s NGB emphasises household financial protection and gambling caution following labour survey evidence of economic pressure.
Source: National Gambling Board (SA)
Bolsonaro programme proposes betting restriction already applied to social funds
The proposed restriction already applies to authorised operators, the report said.
Genting Singapore reports lower first-half revenue
Gaming income fell 4%, offsetting some growth from non-gaming operations for Genting Singapore.
Washington court orders Kalshi to stop most event contracts
A Washington court ordered Kalshi to withdraw most event contracts and restrict related advertising.