https://sectorwire.news/News on the business of gaming, its finance and technology.en-GBhttps://sectorwire.news/item/underdog-seeks-injunction-against-tennessee-enforcement-of-event-contr/Underdog has asked a federal court to prevent Tennessee from enforcing wagering laws against its event-contract exchange. The report describes the exchange as regulated by the CFTC.Sat, 17 Oct 2026 19:00:00 GMThttps://sectorwire.news/item/underdog-seeks-injunction-against-tennessee-enforcement-of-event-contr/https://sectorwire.news/item/european-parliament-keeps-online-gambling-tax-option-in-eu-budget-deba/The European Parliament continues to consider an online gambling tax among new revenue options. The debate concerns the EU’s 2028–2034 budget, as several governments object to the Irish Council presidency’s proposal and some seek spending cuts.Sat, 17 Oct 2026 18:59:32 GMThttps://sectorwire.news/item/european-parliament-keeps-online-gambling-tax-option-in-eu-budget-deba/https://sectorwire.news/item/us-bill-proposes-penalties-for-colleges-admitting-athletes-who-gambled/A bipartisan bill would penalise college athletic departments that knowingly admit athletes who have gambled on college sports. Representatives Adrian Smith and Brendan Boyle introduced the Fair Play Enforcement Act, which also addresses colleges rostering former professional athletes.Sat, 17 Oct 2026 18:28:42 GMThttps://sectorwire.news/item/us-bill-proposes-penalties-for-colleges-admitting-athletes-who-gambled/https://sectorwire.news/item/cear-influencers-continue-promoting-online-casinos-after-federal-prohi/The report said that at least 40 social-media profiles linked to Ceará continued promoting online casinos after a federal provisional measure prohibited the activity. The report describes the promoted betting sites as illegal.Sat, 17 Oct 2026 12:42:50 GMThttps://sectorwire.news/item/cear-influencers-continue-promoting-online-casinos-after-federal-prohi/https://sectorwire.news/item/brazilian-betting-groups-campaign-against-prohibition-with-football-cl/São Paulo and Flamengo are using shirts to protest Brazil's betting prohibition. IBJR and ANJL are leading a campaign addressing illegal betting and risks to bettors.Sat, 17 Oct 2026 12:39:34 GMThttps://sectorwire.news/item/brazilian-betting-groups-campaign-against-prohibition-with-football-cl/https://sectorwire.news/item/brazilian-olympic-committee-warns-betting-prohibition-affects-its-budg/Brazil’s Olympic Committee acknowledged a budget impact from the prohibition of sports betting. Its director-general said planned funding included betting-sector resources and advocated negotiations with public authorities.Sat, 17 Oct 2026 12:22:00 GMThttps://sectorwire.news/item/brazilian-olympic-committee-warns-betting-prohibition-affects-its-budg/https://sectorwire.news/item/s-o-paulo-judge-rejects-lawyer-s-r-163m-claim-for-betting-losses/A São Paulo judge rejected lawyer Willer Tomaz’s R$163m claim for reimbursement of betting losses. The judge considered that Tomaz had accepted the risk of betting.Sat, 17 Oct 2026 09:43:36 GMThttps://sectorwire.news/item/s-o-paulo-judge-rejects-lawyer-s-r-163m-claim-for-betting-losses/https://sectorwire.news/item/court-upholds-sek44m-bet365-penalties-while-swedish-licences-remain/A court upheld SEK44m in penalties concerning bet365’s Swedish business. The case involved player-protection failings and an option to deposit without a limit; the operator retained its licences.Sat, 17 Oct 2026 08:11:10 GMThttps://sectorwire.news/item/court-upholds-sek44m-bet365-penalties-while-swedish-licences-remain/https://sectorwire.news/item/investor-withdraws-proposed-colombo-port-city-casino-during-due-dilige/An applicant withdrew its proposed Colombo Port City casino during due diligence, citing the Colombo Port City Economic Commission. The casino was among five withdrawn projects disclosed by director general Revan Wickramasuriya.Sat, 17 Oct 2026 00:29:27 GMThttps://sectorwire.news/item/investor-withdraws-proposed-colombo-port-city-casino-during-due-dilige/https://sectorwire.news/item/matchbook-completes-acquisition-of-betdaq-betting-exchange/Matchbook has completed its purchase of Betdaq. Matchbook said combining the exchanges would strengthen its liquidity offering.Fri, 16 Oct 2026 22:39:27 GMThttps://sectorwire.news/item/matchbook-completes-acquisition-of-betdaq-betting-exchange/https://sectorwire.news/item/mgm-osaka-partners-with-japan-casino-school-on-training-course/MGM Osaka and Japan Casino School will offer a casino-training course from April 2027. The partnership aims to prepare gaming professionals ahead of the resort's planned 2030 opening.Fri, 16 Oct 2026 22:21:24 GMThttps://sectorwire.news/item/mgm-osaka-partners-with-japan-casino-school-on-training-course/https://sectorwire.news/item/boyd-gaming-faces-negligence-allegations-over-assault-at-orleans-prope/Boyd Gaming and its Orleans Hotel & Casino in Las Vegas are defendants in a case involving an alleged sexual assault against a minor. The claimant's lawyers allege that hotel staff failed to assess the situation and intervene.Fri, 16 Oct 2026 22:11:44 GMThttps://sectorwire.news/item/boyd-gaming-faces-negligence-allegations-over-assault-at-orleans-prope/https://sectorwire.news/item/puerto-rico-collects-over-45m-in-slot-machine-revenue-across-14-months/Puerto Rico collected more than $45m from slot machines over 14 months. Most revenue went to the Police Retirement Trust, municipalities and the General Fund.Fri, 16 Oct 2026 22:09:39 GMThttps://sectorwire.news/item/puerto-rico-collects-over-45m-in-slot-machine-revenue-across-14-months/https://sectorwire.news/item/p2e-schedules-cedar-crossing-casino-opening-for-19-november/Peninsula Pacific Entertainment has scheduled Cedar Crossing Casino in Cedar Rapids, Iowa, to open on 19 November. The company said construction of its $275m development finished ahead of the previously planned 31 December opening.Fri, 16 Oct 2026 22:09:19 GMThttps://sectorwire.news/item/p2e-schedules-cedar-crossing-casino-opening-for-19-november/https://sectorwire.news/item/nba-restricts-partner-sportsbooks-bet-types-including-same-player-parl/The NBA has issued sportsbook partners new guidance restricting certain bet types, including same-player parlays. The outlet said it confirmed the guidance with the league, DraftKings and FanDuel after ESPN’s initial report.Fri, 16 Oct 2026 21:22:41 GMThttps://sectorwire.news/item/nba-restricts-partner-sportsbooks-bet-types-including-same-player-parl/https://sectorwire.news/item/bnldata-reports-alleged-undisclosed-backing-of-bet-bet-by-vorcaro-and/The report describes allegations that Daniel Vorcaro and Antonio de Rueda helped establish bet.bet with investments routed through the Oracle fund. The report cited conversations obtained by reporters.Fri, 16 Oct 2026 20:21:56 GMThttps://sectorwire.news/item/bnldata-reports-alleged-undisclosed-backing-of-bet-bet-by-vorcaro-and/https://sectorwire.news/item/fanatics-chief-forecasts-sportsbook-marketing-spending-could-reach-7bn/Fanatics chief executive Michael Rubin estimated that regulated sportsbooks could spend up to $7bn on marketing, including advertising, next year. He made the forecast in a CNBC interview as competition from prediction markets intensifies.Fri, 16 Oct 2026 20:12:02 GMThttps://sectorwire.news/item/fanatics-chief-forecasts-sportsbook-marketing-spending-could-reach-7bn/https://sectorwire.news/item/stake-offered-crypto-deposits-to-brazilians-after-betting-ban-lawyer-w/Stake offered betting and cryptocurrency deposits to Brazilian users through Stake.com after Brazil prohibited fixed-odds betting. A lawyer warned the conduct could lead to licence revocation.Fri, 16 Oct 2026 19:01:15 GMThttps://sectorwire.news/item/stake-offered-crypto-deposits-to-brazilians-after-betting-ban-lawyer-w/https://sectorwire.news/item/google-changes-certification-application-process-for-online-gambling-a/Some online gambling advertisers can now apply for Google Ads certification through their advertising accounts. The procedure uses a dedicated authorisation-management section introduced in October.Fri, 16 Oct 2026 17:53:55 GMThttps://sectorwire.news/item/google-changes-certification-application-process-for-online-gambling-a/https://sectorwire.news/item/spelinspektionen-penalties-leave-bet365-swedish-licences-in-place/Spelinspektionen imposed SEK40m on Hillside (Sports) ENC and SEK4m on Hillside (Gaming) ENC. The report links the payments to failures concerning player care and deposit limits, while bet365 avoided licence revocation.Fri, 16 Oct 2026 17:48:19 GMThttps://sectorwire.news/item/spelinspektionen-penalties-leave-bet365-swedish-licences-in-place/https://sectorwire.news/item/texas-capital-downgrades-melco-resorts-as-shares-decline/Texas Capital analyst David Bain downgraded Melco Resorts from buy to hold. Melco shares were down 2.31% in Friday midday trading, with volume exceeding twice the daily average.Fri, 16 Oct 2026 17:20:41 GMThttps://sectorwire.news/item/texas-capital-downgrades-melco-resorts-as-shares-decline/https://sectorwire.news/item/catena-media-cuts-targets-after-weak-third-quarter-performance/Catena Media has reduced its targets following weak Q3 2026 performance. Chief executive Manuel Stan said the results reflected a weak quarter and described a rapid change in the search landscape.Fri, 16 Oct 2026 17:16:24 GMThttps://sectorwire.news/item/catena-media-cuts-targets-after-weak-third-quarter-performance/https://sectorwire.news/item/polymarket-seeks-help-against-new-york-in-prediction-markets-dispute/An Oklahoma tribe denied Kalshi’s partnership claim. The outlet said it had covered Kalshi’s claims of additional partnerships the previous week.Fri, 16 Oct 2026 16:45:56 GMThttps://sectorwire.news/item/polymarket-seeks-help-against-new-york-in-prediction-markets-dispute/https://sectorwire.news/item/brazil-s-justice-ministry-requests-scrutiny-of-six-games-over-loot-box/Brazil's Ministry of Justice asked ANPD to prioritise scrutiny of six electronic games. The request concerns similarities between loot boxes and online betting.Fri, 16 Oct 2026 16:43:55 GMThttps://sectorwire.news/item/brazil-s-justice-ministry-requests-scrutiny-of-six-games-over-loot-box/https://sectorwire.news/item/mashpee-wampanoag-tribe-opposes-massachusetts-historical-horse-racing/The Mashpee Wampanoag Tribe rallied outside Massachusetts’ State House on 15 October against proposed historical horse racing machines. Chairman Brian Weeden said the proposal threatened tribal sovereignty and the tribe’s casino business.Fri, 16 Oct 2026 16:40:04 GMThttps://sectorwire.news/item/mashpee-wampanoag-tribe-opposes-massachusetts-historical-horse-racing/https://sectorwire.news/item/pgcb-renews-pittsburgh-casino-licence-for-five-years/The PGCB unanimously renewed the Category 4 casino licence of Stadium Casino Westmoreland RE LLC for five years. The company operates Live! Casino Pittsburgh, which has contributed US$314.7m in Pennsylvania tax revenue since its November 2020 opening.Fri, 16 Oct 2026 16:31:26 GMThttps://sectorwire.news/item/pgcb-renews-pittsburgh-casino-licence-for-five-years/https://sectorwire.news/item/ksa-prepares-possible-legal-action-over-illegal-gambling-advertising/KSA chair Michel Groothuizen said the regulator is preparing possible legal action against technology platforms while pursuing voluntary cooperation. He warned proceedings could take years and involve uncertain outcomes. European regulators are also working with Google on a proposed list of licensed EU operators.Fri, 16 Oct 2026 16:13:42 GMThttps://sectorwire.news/item/ksa-prepares-possible-legal-action-over-illegal-gambling-advertising/https://sectorwire.news/item/kenyan-gambling-regulator-urges-closer-industry-engagement-at-igamingf/Kenya Gambling Regulatory Authority director general Peter Karimi called for closer engagement with industry participants at iGamingFuture East Africa 2026 in Nairobi on 15 October. He said technological advances in the sector outpace regulators’ capabilities and called for shared responsibility to keep gambling safe and give customers control over their participation.Fri, 16 Oct 2026 15:59:48 GMThttps://sectorwire.news/item/kenyan-gambling-regulator-urges-closer-industry-engagement-at-igamingf/https://sectorwire.news/item/underdog-sues-tennessee-over-event-contract-enforcement/Underdog has sued Tennessee officials in federal court after receiving a cease-and-desist letter concerning its event contract platform on 16 October. The company seeks a declaratory judgment and permanent injunction against enforcement of state wagering laws, arguing that federal regulation takes precedence. A September appeals ruling held that Tennessee could enforce its betting laws even if sports event contracts qualify as swaps.Fri, 16 Oct 2026 15:58:32 GMThttps://sectorwire.news/item/underdog-sues-tennessee-over-event-contract-enforcement/https://sectorwire.news/item/paraguay-proposes-dinajzar-to-expand-gambling-controls/Paraguay's executive proposed DINAJZAR to replace CONAJZAR and assume some DNIT powers. The 72-article bill before Congress would centralise land-based and online gambling oversight, permit up to three concessions for quiniela and sports betting, and give land-based casino licensees rights to online casino licences. Existing concessions would remain valid.Fri, 16 Oct 2026 15:22:19 GMThttps://sectorwire.news/item/paraguay-proposes-dinajzar-to-expand-gambling-controls/