Ontario’s online gambling and sports betting sectors have surged, prompting authorities to increase harm-prevention initiatives. The Responsible Gambling Council (RGC) reports progress under its Responsible Internet Gambling Fund (RIGF), created to support education and outreach following the …
The post Ontario Strengthens Responsible Gambling Programs first appeared on RealMoneyAction.com.
Philippines has formally shut down its offshore gaming sector, with authorities confirming that all Philippine Offshore Gaming Operators, known as POGOs, have ceased operations following a nationwide enforcement campaign.
Justice Secretary Fredderick Vida stated that the government’s position …
The post Philippines Declares End Of Offshore Gaming Era first appeared on RealMoneyAction.com.
Tribal gaming leaders in the United States have intensified opposition to sports-related prediction markets, outlining a coordinated legal and political response aimed at federal regulators. Discussions at a major industry convention in San Diego underscored concerns that these platforms …
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Louisiana lawmakers have paused efforts to ban prop and microbets after a fiscal review revealed substantial potential revenue losses. The move follows growing concerns about the economic impact of restricting these popular wagers while balancing public health priorities.
Senator Katrina …
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Evolution has entered its third decade in operation, marking 20 years since it first launched in 2006. Over that period, the company has moved from a single studio setup in Latvia to a large-scale global business serving the online gaming …
The post Evolution Marks 20 Years Of Expansion In Online Gaming first appeared on RealMoneyAction.com.
The federal government is considering a major adjustment to the taxation of sports betting that could significantly affect bettors and the broader gambling industry. A proposal to increase the excise tax on legal wagers from 0.25% to 5% has sparked …
The post Federal Sports Betting Tax Could Generate $97B first appeared on RealMoneyAction.com.
The Commodity Futures Trading Commission has initiated legal action against Arizona, Connecticut, and Illinois, asserting its exclusive authority over prediction markets. The lawsuits, filed in federal courts with support from the Department of Justice, target the governors …
The post CFTC Sues Arizona, Connecticut, Illinois over Prediction Markets first appeared on RealMoneyAction.com.
Kentucky’s legislature completed action on a major gambling measure Wednesday night, passing House Bill 904 after a series of late votes and procedural adjustments. The measure now moves to Governor Andy Beshear for consideration.
The Senate initially approved HB 904…
The post Late Push Sends Kentucky Gambling Bill Forward first appeared on RealMoneyAction.com.
Caesars Entertainment has broadened the availability of its online horse race wagering services by entering West Virginia and Wyoming. The move brings the company’s pari-mutuel horse racing platform to a total of 10 states.
Through the Caesars Racebook …
The post Caesars Racebook Expands to Ten US States first appeared on RealMoneyAction.com.
Texas lawmakers will examine the rapid expansion of prediction markets under a new set of interim priorities issued ahead of the next legislative session. Lieutenant Governor Dan Patrick directed the Senate State Affairs Committee to investigate what he described as …
The post Texas Targets Prediction Markets in New Agenda first appeared on RealMoneyAction.com.