(AsiaGameHub) - Revenue fell by 3.7 per cent compared to March 2025.
US.- The Kansas Lottery has published its March casino gaming report. Revenue reached $37.6m, marking a 3.7 per cent decline year-over-year, though it rose from $35.5m in February.
The report indicates Hollywood Casino was the market leader, generating $15.5m in revenue, a 0.4 per cent rise from March 2025. Kansas Star Casino came next with $14.6m, a 7 per cent decrease. Kansas Crossing Casino posted $3.8m, up 1.9 per cent, while Boot Hill Casino reported $3.75m, down 11.7 per cent.
Cumulative revenue for the fiscal year through March 31 is $321.8m, representing a 3.8 per cent increase compared to the prior year.
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(AsiaGameHub) - SOFTSWISS has wrapped up its involvement in SiGMA South America 2026, where non-executive director Rubens Barrichello and company specialists discussed Brazil’s regulated market growth and sports betting tactics.
Press release.- SOFTSWISS concluded its attendance at the SiGMA South America Summit 2026 in São Paulo, Brazil. The firm shaped conversations around regulated market expansion through expert panels and industry dialogues, supported by a series of event-specific initiatives.
The tech provider’s on-site activities featured Rubens Barrichello, non-executive director for Latin America at SOFTSWISS, who arrived at the expo hall in a Porsche racing car. The vehicle was later transformed into a racing simulator for visitors to the company’s booth.
Barrichello also participated in the summit’s opening ceremony. In his address, he highlighted Brazil’s status as a fast-maturing betting market, where the next phase of growth hinges on advanced technology, clear regulation, and social responsibility. He stressed that this process requires collaboration between the government and tech companies.
Rubens Barrichello, non-executive director for LatAm at SOFTSWISS, shares: “I appreciate how the SiGMA South America summit brings together two worlds I know well – racing and technology. The people I meet here understand that building a sustainable market in Brazil takes discipline, tech expertise, and, of course, teamwork. And this reminds me a lot of the racing environment, where teamwork and precision make all the difference.”
On the main expo stage, SOFTSWISS hosted an exclusive expert segment: SOFTSWISS Track: Sports Betting Strategy, Integrity & Speed. With the 2026 FIFA World Cup approaching, regulators, legal experts, and industry professionals discussed the future of betting across Latin America.
The programme opened with a fireside chat between Plínio Lemos Jorge, president of Brazil’s National Association of Games and Lotteries (ANJL), and Carla Dualib, Regional Business Development Manager at SOFTSWISS and Communication Director at ANJL. They explored the rapid growth of the Brazilian market and the accountability that comes with operating at scale.
Carla Dualib, Regional Business Development Manager for Latin America at SOFTSWISS, comments: “A year ago, many of these conversations were still theoretical. Brazil’s market has moved past the point where general ideas are enough. What made these sessions valuable was the willingness to get specific – regulators, operators, and tech providers sharing what actually works on the ground. Honest dialogues like that really move the industry forward.”
Beyond the conference stage, SOFTSWISS unveiled the second edition of its limited capsule collection, created in collaboration with Rubens Barrichello and iconic racing brand Sparco. Inspired by the Driven by Ambition concept, the capsule was designed by Brazilian Sportswear Designer Denis Romanello. It reflects a shared focus on performance and reliability across motorsport and technology.
The summit concluded with the SOFTSWISS Racing Carnival, an exclusive karting event at the Kartódromo de Granja Viana. The tech provider’s partners joined Rubens Barrichello for demonstration races and competitive karting heats. This racing experience was accompanied by live samba performances, interactive activities, and networking in an informal setting.
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(AsiaGameHub) - The company displayed its comprehensive betting portfolio during the event.
Press release.- DATA.BET has concluded its successful appearance at SiGMA South America 2026, a premier iGaming gathering in Latin America. Returning to the exhibition floor with an expanded booth and a broader product range, the company signaled a strategic evolution from its former identity as an esports-specialist to a provider of a full-spectrum betting ecosystem.
The team showcased an all-encompassing sportsbook solution featuring sports, esports, and virtual games, designed specifically for casino and betting operators aiming to launch or grow within the regulated market. With GLI certification secured for Brazil, the company enables operators to bypass further technical assessments, significantly accelerating their time-to-market.
Visitors to the booth explored several recent enhancements, such as updated Statistical Widgets and the esports Timeline Widget. The company also introduced its One-Click Bet and Early Payout features, while providing a sneak peek at an upcoming, unannounced tool designed to elevate player engagement.
The booth maintained the high-energy atmosphere associated with DATA.BET. The presence of cosplayers portraying Jinx and Ahri—beloved characters from League of Legends—attracted steady interest, while a kinetic screen provided an interactive visual experience that maintained high levels of visitor engagement.
Natalie Loshatynska, Head of PR and Marketing at DATA.BET, commented: “Returning to BiS SiGMA South America this year served as a logical milestone for us. Our previous appearance saw DATA.BET as an esports-centric firm. This time, we returned with a complete sportsbook offering, bolstered by expanded coverage, local certification, and tools tailored for the regional market. These developments highlight our dedication to becoming a top-tier supplier in Brazil, with deep expertise across esports, sports, and virtual sports.”
The company added: “DATA.BET remains committed to investing in its technology and market coverage to assist partners focused on one of the region’s most rapidly expanding regulated betting markets.”
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(AsiaGameHub) - Several days ago, GamblingNews reported that rapper Kiari Kendrell Cephus, better known by his stage name Offset, was shot outside the Seminole Hard Rock hotel and casino in Florida. In the days after the incident, multiple people have come forward with accounts of his gambling-related debts, while other commentators have used this tragic event to highlight problem gambling as a fast-growing issue across the United States.
Offset May Have Had a Gambling Problem
The shooting of Offset happened outside the Hard Rock casino on Monday evening. Early reports confirm his condition was stable and not life-threatening, and he was receiving treatment at Memorial Regional Hospital in Hollywood.
The incident quickly went viral and topped news headlines, and in the following days, people from all walks of life began sharing their perspectives on the case. The numerous emerging accounts claim that Offset owed money to many different people, and hint that he may have struggled with problem gambling.
For example, observers have widely noted that Offset reportedly owes $10,000 to fellow rival rapper Lil Tjay. More stories of additional unpaid debts from Offset have also surfaced. One of these comes from former NFL player Dez Bryant, who says Offset owes him $8,000. Separately, another report states that Offset owed $100,000 to a casino in Detroit, and was sued over this debt shortly before he was shot.
Numerous People Have Claimed Offset Owes Them Money
Offset's unpaid debts quickly became a target of online jokes, with one X user joking that after the rapper was shot, instead of people sending messages of prayer, multiple people came forward to share how much money he owed them.
Beyond the online mockery, however, the body of accounts does suggest that Offset may have a long-standing gambling problem. The fact that he was shot outside a casino, paired with the existing report of his $100,000 debt to a Detroit casino, appears to support this theory.
If this is true, this would not be the first time a high-profile celebrity has had a complicated relationship with gambling. Lil Baby, another well-known rapper, previously lost almost $9 million to gambling in a single day, which led him to self-exclude from gambling venues and vow to quit gambling entirely.
Drake, on the other hand, continues to make headlines for his love of placing large wagers, many of which end up as losses. This pattern has led people to joke about the existence of a well-known "Drake curse" for his bets.
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(AsiaGameHub) - The award was presented to the companies during a ceremony in São Paulo that was part of the SiGMA South America event.
Press release.- EGT, together with EGT Digital, has been honored for its joint video lottery product for Brazil at the esteemed BiS Awards 2026, recognizing excellence in the nation's fast-expanding gaming and betting sector. The accolade in the Best VLT Solution category was awarded at a formal ceremony on April 7 in São Paulo, which took place within the SiGMA South America event.
This recognition celebrates the successful launch of VLT terminals in the regulated state of Paraíba, where their first major installation occurred at the start of the year, attracting significant player engagement and showing remarkable performance from the outset.
Furthermore, EGT's VLT product has received approval through a Proof of Concept (PoC) with the Rio de Janeiro State Lottery and will also be launched for players in that state in the near future.
The omnichannel solution, a joint offering from EGT and EGT Digital, delivers a comprehensive Video Lottery Terminal (VLT) ecosystem that includes physical terminals, a technological platform, and an extensive collection of games. Built to international standards, the solution has been customized to align with the specific needs of the Brazilian market and its regulations.
Celina Guedes, regional director Brazil at EGT, stated: "We are honored to be recognized by the BiS Awards, a competition that sets the benchmark for excellence in the industry. Our full omnichannel VLT solution is engineered to succeed across various market segments and is poised to realize its significant potential soon. This award confirms our capacity to meet the rising expectations for providers and to establish new, higher benchmarks within the highly competitive gaming landscape of Brazil and the wider Latin American region."
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(AsiaGameHub) - The Massachusetts Gaming Commission (MGC) unanimously voted 5–0 on Thursday to reopen the application window for sports betting licenses in the state.
MGC Votes to Reopen Applications
This decision was prompted by a request from bet365 to apply for a statewide mobile betting license, signaling persistent interest even as legal questions around prediction markets linger. The British operator is pursuing a “Category 3” license, which permits statewide online sports wagering.
Bet365's application follows shortly after state legislators paused discussions on a bill to legalize online casinos.
MGC Chair Jordan Maynard stated that a company's commitment to operate under state oversight and taxation, despite sector disruptions, was notable. He expressed encouragement at the sustained interest in Massachusetts's legal market and respected the company's dedication.
This marks bet365's second try for a Massachusetts license since online sports betting launched there in 2023. The company previously withdrew from a planned market entry via a partnership with Raynham Park, a simulcast facility near Boston. It has since expanded its U.S. footprint and now operates in 16 states.
When Could Applications Start?
Commission staff advised setting a timeline for new applications at a later public meeting, then issuing a "Notice of Intent" to measure applicant interest. A memo explained that if applications for Category 3 mobile licenses outnumber available slots, the MGC must create a competitive review procedure. No such framework currently exists in law or regulation, as it was unneeded in the first licensing round when licenses outnumbered applicants.
Some reservations were voiced prior to the vote. Commissioner Eileen O’Brien asked if reopening the process was prudent without first analyzing the potential economic effects. She also questioned whether bet365 or others would be inclined to open a retail sportsbook location.
The commission concluded the best path was to open for applications and assess the impact concurrently. A specific schedule for this application period has not been set.
In related state sportsbook news, the MGC recently fined five major operators for compliance violations, which included offering banned types of bets.
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(AsiaGameHub) - The casinos reported an aggregate revenue (AGR) of $112.3 million.
US.- According to the Michigan Gaming Control Board (MGCB), the three commercial casinos in Detroit—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown—had a combined AGR of $112.3 million for March. This figure represents a 4.4 percent decline compared to the same month last year but an increase from the $100.6 million generated in February.
From the total AGR, slot machines and table games contributed $111.5 million, which is 4.5 percent lower than in March 2025 but 11.5 percent higher than the previous month. MGM Grand Detroit Casino held a 47 percent market share, earning $51.9 million, a 3.5 percent year-over-year decrease.
MotorCity Casino secured a 31 percent market share with revenues of $34.9 million, down 2.7 percent, while Hollywood Casino at Greektown accounted for 22 percent with $24.7 million, an 8.9 percent decline. The casinos paid $9 million in state gaming taxes, down from $9.5 million paid in March 2025. They also reported making payments of $13.3 million to the City of Detroit for wagering taxes and development agreements.
Retail sports betting handle reached $8.95 million, with total gross receipts of $826,098. Qualified adjusted gross receipts (QAGR) amounted to $810,424, showing a 41.9 percent increase year-over-year and a 44.5 percent rise from February 2026. State taxes paid on this activity were $30,634, and $37,442 in wagering taxes was submitted to the City of Detroit.
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(AsiaGameHub) - DraftKings has settled its dispute with the Major League Baseball Players Association (MLBPA), bringing an ongoing legal battle to a close. The case centered on accusations that the operator used athletes' names and imagery without permission on its apps and social media posts.
The Case Draws to a Conclusion
Per the lawsuit filed by MLB Players, a business branch of the MLBPA, DraftKings and Bet365 had used the names, imagery and likeness of all MLB players to promote their products. Neither company held the required licensing for this usage, however, prompting MLB Players to pursue compensation and punitive damages.
DraftKings argued that it was permitted to use player imagery because its products deliver newsworthy content. For context, a previous Indiana court case involving FanDuel had obtained exemptions for daily fantasy sports products on the basis of their newsworthy nature.
In this case, however, US District Judge Karen Spencer Marston rejected this argument, stating that DraftKings' use of player imagery was clearly commercial rather than journalistic. As a result, she denied DraftKings' year-old request to have the case dismissed.
In September 2025, DraftKings and the MLBPA reached a settlement to resolve the matter. Following this agreement, Judge Marston has now issued an official dismissal order, formally bringing the case to a close.
This Is Not DraftKings' First Controversy
The MLBPA case is not the first time DraftKings has faced criticism over its use of player imagery. Currently, the company is also dealing with a complaint from the NCAA over its unlicensed use of the March Madness brand to promote its sports betting products.
At the same time, DraftKings is facing additional scrutiny over claims that its micro-betting products are highly addictive. The company has also been accused of using misleading language in marketing for some of its offerings, downplaying the risks associated with gambling.
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(AsiaGameHub) - The debate in Connecticut regarding casino revenue is intensifying as local officials advocate for a more equitable portion of gambling tax proceeds. For years, towns have received only a fraction of the revenue generated by tribal casinos, despite initial pacts designating them as the primary beneficiaries. Proponents contend that the state's improved fiscal health warrants a restoration of this original balance.
Municipal Leaders Want a Fairer Share of Revenues
During a recent assembly at the Capitol, Michael Passero, head of the Connecticut Conference of Municipalities, asserted that the current allocation framework is obsolete and fails to account for modern economic conditions. He highlighted decisions from the early 2000s, when the state diverted funds to address budget shortfalls, noting that these cuts were never fully restored.
A recent Connecticut Mirror analysis examined the data behind this trend. This fiscal year, the state anticipates collecting roughly $365 million from video slot machines at Mohegan Sun and Foxwoods Resort Casino. Of that total, only $52.5 million—approximately 14%—is slated for distribution among the state’s 169 municipalities. Local leaders are calling for a return to the initial funding model.
This is a promise that was made to our municipalities when we first entered the agreement with the two tribal nations, and it is a promise that has not been honored.
Sen. Heather Somers
Connecticut’s foundational casino legislation allocated a significant portion of slot revenue to local governments. Lawmakers originally argued that these communities would shoulder the majority of the burdens associated with the gambling industry, such as heightened requirements for housing and law enforcement. However, that commitment has diminished as contributions have failed to keep pace with inflation, compelling many towns to either cut services or increase reliance on property taxes.
Financial Challenges Could Limit Funding Opportunities
Some legislators maintain that increased municipal aid is long overdue. While education funding frequently dominates budget debates, the fiscal strain on local communities also demands consideration. Supporters view redistribution as a matter of equity, noting that the original agreements with tribal operators established an expectation of meaningful returns for local areas.
Despite broader economic gains, Connecticut continues to grapple with significant financial obligations, including pension liabilities. Historically, officials have prioritized using budget surpluses to pay down long-term debt. Furthermore, potential federal funding cuts to Medicaid and other initiatives could further constrain the state budget, leaving limited room for fiscal adjustments.
Municipalities contend that several emerging challenges require state intervention. In cities like New London, where economic stagnation and rising costs persist, local budgets are heavily dependent on state support. Boosting casino revenue could provide a vital lifeline for struggling communities. Nevertheless, given the broader disputes over how Connecticut distributes its resources, such a policy shift remains uncertain.
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(AsiaGameHub) - In a recent submission to the Superior Court of New Jersey, Evolution sought approval to officially include Playtech and multiple related entities as defendants in its ongoing defamation case. This action intensifies a lawsuit that has already garnered industry-wide attention due to its expanding scope and the substantial harm it has inflicted.
Evolution Alleges the Report Was a Deliberate Attack
The current disagreement revolves around a report created several years ago by Black Cube, a contentious investigative firm hired to examine Evolution’s business practices. Evolution asserts that the report was a well-orchestrated effort intended to undermine its standing in key markets, particularly in North America. The company estimates the report led to losses exceeding $14 billion.
For nearly four years, Playtech spent millions of dollars in legal fees to conceal its involvement in this smear campaign and avoid accountability.
Evolution statement
Per the revised complaint, Playtech commissioned the report and played a direct role in crafting and spreading its findings. Evolution states that the initiative went beyond defamation, charging its rival with trade libel, fraud, and even racketeering. The firm contends the campaign was designed to draw regulatory attention and potentially impact its operating licenses.
U.S. regulatory assessments form the basis of Evolution’s argument. The company noted that two state-level investigations refuted key claims in the report. Evolution insists the document continued to circulate despite these revelations, causing lasting harm. It also asserts that Juda Engelmayer, another defendant, used his firm to promote the findings even after their accuracy became questionable.
Playtech Stands Prepared to Defend Its Stance
As of now, the court has not yet ruled whether Evolution can broaden its complaint as requested. Playtech has nevertheless responded to the accusations, justifying its decision to commission the report. According to the company, the document raises valid concerns. Playtech framed the lawsuit as an attempt by Evolution to deflect scrutiny rather than address uncomfortable questions about its operations.
Playtech also stated it welcomes further court examination. This will include a discovery process, where internal documents and testimony could shed more light on both sides’ claims. The company plans to defend itself vigorously, trusting that the legal process will validate the report’s credibility.
Playtech will defend itself against Evolution’s claims and will continue to act in the best interests of industry operators, suppliers, and regulators as well as its shareholders.
Playtech statement
The dispute underscores how growing competition in the gaming technology sector can lead to long-lasting tensions as leading companies strive to strengthen their positions in regulated markets. Evolution and Playtech are two of the primary suppliers in the U.S. and Northern Europe, putting them directly against each other as they vie for some of the industry’s most valuable jurisdictions.
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(AsiaGameHub) - A new jackpot winner from the Show Me Cash game has been revealed by the Missouri Lottery, amounting to a $274,000 prize. Although the winning ticket was secured in the middle of March, the official announcement was made only recently.
The winning sum was secured on March 14, 2026, entirely by chance. The individual discovered the win while reviewing their lottery tickets, realizing that one of them was a winner.
According to the winner, the six-figure amount was unbelievable. The Missouri Lottery noted that the ticket was purchased at 66 Gas Mart, located at 6025 Howdershell Road, and that this retailer will receive the standard bonus for selling the winning ticket.
“I have to admit, I was slightly disappointed to learn I hadn't won the entire jackpot. However, $274,000 is still pretty good,” the winner stated. He secured the win using the numbers 23, 34, 36, 37, and 39. He and his partner plan to use the funds to purchase a home.
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(AsiaGameHub) - UFC Chief Executive Officer and President, Dana White, recently appeared on a two-hour stream with well-known gambling personality Adin Ross, during which White disclosed details of an upcoming high-stakes game involving Michael Rubin, the founder and CEO of Fanatics Gaming.
White Extends Invitation to Ross
During their Wednesday stream, White and Ross engaged in a discussion about gambling. The head of the UFC offered a preview of an upcoming gambling event where he and Rubin are set to compete in baccarat against the Bellagio. White, who openly identifies as a “degenerate gambler” with a fondness for significant wagers, specified that they would be playing hands worth $1 million each, with the first participant to reach $12 million declared the victor.
It’s us versus Bellagio. Twelve million dollars up for grabs. First one to twelve million wins.
Dana White
Viewers interested in witnessing the game will have the opportunity, as White confirmed the event will be streamed live. Although an official date has not yet been announced, the UFC executive indicated it would occur later in the current year.
After Ross expressed his enthusiasm for the event, stating his eagerness to watch the broadcast, White extended an invitation for him to participate in the contest:
“You’re gonna be in it. You can play with us. I need all the sick degenerates with us there that night,” White said with a smile.
White Emphasizes Knowing When to Stop Gambling
Beyond the discussion of the Bellagio baccarat challenge, White and Ross also touched upon other gambling topics. Notably, they addressed SteveWillDoIt’s gambling habits at the Red Rock Casino, which have reportedly led to substantial financial losses. White advised that individuals should be capable of identifying when they are experiencing a losing streak and possess the discipline to pause and return on a different occasion.
Steve will do it, he would get on these crazy binges, right, at Red Rock. And he’s calling me, going “Hey, I need help with this.” And I’m like: “Steve, go home.
Dana White
White additionally took the chance to promote the upcoming UFC 327 event, featuring Prochazka vs. Ulberg, scheduled for tomorrow.
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(AsiaGameHub) - A single lottery ticket won the grand prize on November 15, 2025 – a substantial $78-million jackpot.
Sold at Gordon’s Bait & Tackle in Brownsville, the winning ticket matched numbers 7, 17, 23, 28, 39, and 48; however, the prize remains unclaimed.
The prize remains unclaimed, possibly due to the winner misplacing the ticket or being unaware of their win. The deadline to claim the prize is May 14, 2026, and time is running out.
Despite the approaching deadline, the winner still has time to claim their prize. They must contact the lottery to arrange a meeting, typically scheduled for the following day, where presenting the winning ticket is mandatory.
Upon verification, the lottery can then proceed with the payout, which would be $44 million before taxes if the winner selects the lump sum option.
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(AsiaGameHub) - Global betting firm 1xBet has confirmed its attendance at the Search iGaming Conference in Limassol on April 16, where it plans to discuss various partnership models and digital marketing strategies.
Global betting company 1xBet is set to participate in the Search iGaming Conference, scheduled for April 16 in Limassol. Recognized as a premier European platform for iGaming professionals focused on search traffic, SIC gathers experts in digital and affiliate marketing alongside leading brand representatives to foster new growth avenues and forge robust partnerships.
The event will take place at The Warehouse by IT Quarter, a contemporary venue frequently used for industry-specific gatherings. This year, SIC anticipates bringing together over 1,200 professionals and more than 40 exhibitors, establishing itself as a crucial forum for exchanging knowledge, forging new business ties, and investigating potential collaborations. 1xBet sees its involvement as a chance to directly interact with the market, reinforce current relationships, and discover innovative approaches to business cooperation.
The 1xBet team will be present at booth E4, designed to be a central point for effective networking, business discussions, and talks about collaboration within one of the sector's most vibrant areas. Throughout the conference, visitors can engage with company representatives to discuss current partnership structures, methods for boosting traffic conversion, and strategies for establishing successful collaborative frameworks in the evolving digital environment. The inviting and informal setting of the booth aims to encourage open conversations regarding future cooperative ventures.
Attendees are encouraged to visit the 1xBet booth at SIC Cyprus 2026 to establish new business contacts and participate in meaningful discussions with the global brand's team.
To arrange a meeting, please contact your 1xBet manager.
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(AsiaGameHub) - The award-winning provider is making its content available to a leading casino brand.
Press release.- TaDa Gaming has strengthened its position in Italy via a new partnership with StarCasinò, a top-tier platform under the global igaming leader Betsson.
Since launching in the Italian market in 2024, TaDa Gaming has consistently grown its reputation for delivering immersive, high-engagement casino content, backed by its comprehensive set of gamification tools. These tools feature new products like Hot Hand and Highlights, as well as GiftCode and WIN CARD.
This new deal grants StarCasinó's players in Italy instant entry to TaDa Gaming's certified and carefully localized game collection. This includes the well-known Fortune Gems series, the top European slot Jackpot Joker, and the fish-shooting game Mega Fishing.
Established in 2012, Starcasinò.it is a key brand within the Betsson group and a major platform in Italy. Recognized as the Best Italian Online Casino and holding certifications from the Italian ADM and the German ITQF, StarCasinó has prioritized content collaborations to broaden its game library.
The platform now provides over 6,000 casino products, such as slots, jackpot slots, blackjack, roulette, baccarat, video poker, and live dealer tables with Italian croupiers. TaDa Gaming marks StarCasinó's first venture into the fish-shooting genre, aligning with its pledge to offer novel and inventive gaming experiences.
Ray Lee, Director of Business Development at TaDa Gaming, stated: “We are thrilled to partner with a platform of StarCasinó's caliber. Italy is a crucial market where we have focused on collaborating with top-tier operators to establish our name for secure and captivating gaming. Including StarCasinó as a client represents a significant milestone in our expansion across Italy.”
Fabio Denegri, Business Director Italy for Betsson Group, added: “In the fast-moving gaming industry, inactivity is the biggest danger. Integrating TaDa Gaming allows us to infuse pure innovation into our portfolio: their games masterfully combine novel mechanics with state-of-the-art design. StarCasinò remains committed to selecting excellence to reinforce its market leadership, which is founded primarily on superior user experience quality.”
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(AsiaGameHub) - Washington AG Nick Brown has consistently criticized prediction markets, targeting the platform Kalshi in a new lawsuit last month. The suit alleges the company is evading gambling laws to offer a similar product without the necessary regulations and oversight.
Washington Is Still Not Closer to Restricting Kalshi
The outcome of the case remains uncertain, as demonstrated by Nevada and New Jersey, where rulings on prediction markets have led to completely opposite results. In recent interviews, AG Brown has presented his office's argument, aiming to compel Kalshi to cease its operations specifically.
During an appearance on The Gee and Ursula Show, AG Brown stated: “I don’t know the origin story of Kalshi. I do know that the president’s son serves on their board, which raises all sorts of issues in and of itself. Now that they’ve expanded it to everything,
I think part of it is a larger conversation about America and the types of things we’d like to wager on. But my job, first and foremost, is to enforce Washington state law. And this is pretty simple.”
AG Brown asserted that, from his office's perspective, Kalshi's offerings constitute gambling, which the platform is not licensed to operate in the state.
He also mentioned that while he is personally opposed to gambling and occasionally gambles himself, his office's duty is to enforce the law, which clearly defines how gambling should be managed.
Other Prediction Market Platforms Take Notice of Lawsuit
“I understand that, and I respect that, but we as a state have decided to regulate gambling in this way,” he said. AG Brown rejected the suggestion that the state was heading toward a gambling epidemic, contending that Washington's situation is stable, but that the laws must be fully upheld.
The recent lawsuit against Kalshi has, however, alerted other prediction market platforms, prompting Robinhood to file a counter and preemptive lawsuit.
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(AsiaGameHub) - Altenar is set to present its sportsbook technology at the upcoming Italian Gaming Expo, taking place in Rome from April 14 to 15.
Press release.- Members of the Altenar team are attending the Italian Gaming Expo (IGE) in Rome on April 14–15. The firm will highlight methods for expanding operations within one of the most demanding markets in Europe.
With over €20bn in gross gaming revenue recorded last year, Italy represents a significant betting market. However, it is also characterized by high complexity, stemming from rigorous ADM rules, restrictions on content and advertising, and extensive compliance needs for both digital and physical channels.
Companies in the sector must deal with further obstacles, including tough reporting duties, licensing limits, and regular changes to regulations that necessitate ongoing adjustments. Non-compliance carries the risk of heavy fines, which complicates market entry and expansion.
Achieving success in the Italian market currently demands more than just technical tools. Organizations are moving through a period of transformation marked by a fresh licensing structure, required certifications, enhanced player safety protocols, and some of the most stringent anti-money laundering regulations in Europe.
It is essential for operators to utilize a versatile platform and collaborate with a partner that provides customized solutions meeting both commercial objectives and regulatory standards.
Dinos Stranomitis, co-founder and COO of Altenar, is scheduled to deliver a presentation titled Future of Betting on April 14, offering perspectives on overcoming these hurdles while capitalizing on the market's potential.
Regional director Francesco Papallo stated: “In Italy, being flexible and compliant is essential. The year 2026 will be particularly vital for operators as they navigate significant structural shifts and the need for new certifications under the updated licensing system. Success belongs to those who can adapt quickly.”
Visitors at IGE 2026 in Rome can connect with the Altenar team to discover tools designed to help operators grow within regulated, data-centric landscapes.
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(AsiaGameHub) - Former Massachusetts lawmaker David Nangle is seeking the reinstatement of his pension, several years after a federal fraud conviction concluded his political career.
He Diverted $70,000 to Gamble and Play Golf
The now 65-year-old served as the representative for Lowell in the state legislature for over two decades. However, his career ended in 2021 when he pleaded guilty to charges including wire fraud, bank fraud, and filing false tax returns. He was subsequently sentenced to 15 months in prison.
Prosecutors stated that Nangle redirected more than $70,000 from his campaign fund to cover personal expenditures. These included gambling debts, a golf club membership, rental cars used for trips to casinos, and gifts such as flowers.
Despite earning over $100,000 annually, he faced financial difficulties due to frequent gambling at casinos in Connecticut, New Hampshire, Massachusetts, and Rhode Island, as well as online betting.
Authorities also alleged that he deceived a bank to obtain approximately $300,000 in loans and submitted inaccurate tax returns for several years.
Personal or Official?
The conviction resulted in the end of his tenure in public office and the loss of his state pension. Massachusetts law permits public officials to forfeit their pensions if their offenses are linked to their official duties.
The current legal proceedings center on whether Nangle’s actions were connected to his role as a lawmaker. The ultimate ruling will determine if the former lawmaker can reclaim his pension, valued at over $800,000.
In a recent appeal filed with the Massachusetts Superior Court, Nangle contended that his actions were "personal in nature" and unrelated to his official responsibilities. He also asserted that losing his pension would render him "destitute."
A lower court dismissed this argument earlier this year. Judge Pacinco DeCapua ruled that Nangle had betrayed the trust placed in him as an elected official, adding that it was "only because he had been a member of the House of Representatives at the relevant time that he was in a position to illegally withdraw funds from his campaign account."
DeCapua also questioned the assertion of financial hardship, noting that Nangle currently holds three jobs. These positions include working with an anti-gambling advocacy group and providing mentorship to individuals recovering from addiction.
While acknowledging these endeavors, the judge remarked that Nangle is on "a road of redemption," but also stated that he had "dishonored his title as a State Representative."
The court is now tasked with deciding whether his pension can be reinstated.
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(AsiaGameHub) - President Donald Trump plans to advocate for his “No Tax on Tips” initiative at a rally in Southern Nevada on Thursday, April 16, occurring one day following the federal tax filing deadline.
Workers Would Deduct Up to $25K in Tips
This proposal serves as a key component of the One Big Beautiful Bill, a contentious Republican-led tax package designed to reduce the tax obligations of employees within the casino and hospitality sectors.
The legislation would allow tipped workers to deduct as much as $25,000 in gratuities from their federal tax returns beginning in 2026, with the provision currently scheduled to remain in effect through at least 2028.
White House Press Secretary Karoline Leavitt verified the president's upcoming visit to Las Vegas, stating, “The president will speak extensively about how his policies have served the American public, and I am pleased to announce that he will travel to the states of Nevada and Arizona next week to promote this significant achievement.”
The plan has garnered support even from some of its detractors. The Culinary Union, representing a significant portion of the casino workforce, has expressed approval of the tax relief, particularly following a difficult year for the Las Vegas tourism industry, which saw a 7.5% decline in visitors in 2025, thereby impacting the earnings of those dependent on tips.
During a prior appearance at the Circa Resort & Casino, Trump highlighted the potential benefits for bartenders, servers, restaurant staff, bellhops, valets, and caddies, declaring: ”Your tips will be 100% yours.”
The Gambling Loss Deduction Saga
Conversely, another element of the same tax legislation is facing backlash, specifically from Nevada lawmakers. The bill proposes lowering the allowable deduction for gambling losses against winnings from 100% to 90%.
Consequently, a gambler who finishes the year with no net profit could still be liable for taxes on a portion of their winnings.
Nevada representatives Dina Titus and Catherine Cortez Masto have put forward individual bills aimed at reinstating the full deduction. Ahead of the president's visit, Titus called for action, stating, “When @POTUS is here in Nevada talking taxes next week, let’s ask him to fix the 90% gambling loss deduction.”
As the discourse persists, Trump’s visit to Las Vegas is anticipated to underscore both the advantages and the controversies surrounding these proposed tax adjustments.
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(AsiaGameHub) - A recent report by Bank of America indicates that prediction market platforms are positioned to access a substantial opportunity in the United States, with annual trading volume for sports-related event contracts potentially hitting $1.1 trillion in the future.
Kalshi Dominance Fuels Surge in US Prediction Market Growth
This projection speaks to the market's long-term potential rather than near-term results. As reported by Bloomberg, analysts expect total contract activity in 2026 will be closer to $100 billion, indicating the considerable expansion still to come. Nonetheless, the long-range forecast suggests a sector that will grow to compete with conventional sports betting.
The report states that if platforms charge average fees of approximately 1%, the forecasted volume could result in $10 billion in annual revenue. This amount positions prediction markets alongside major online sportsbooks, emphasizing their increasing influence in the gambling industry.
A primary force behind this growth is the emergence of platforms such as Kalshi, which holds a dominant position in the US prediction-market industry. The exchange is believed to represent roughly 90% of domestic activity, and sports-related contracts have constituted four-fifths of its trading volume lately. Other competitors currently hold only a minor market share.
Prediction platforms function more similarly to financial exchanges than traditional sportsbooks. Prices are set by user demand instead of fixed odds, and participants are able to trade positions. This model is attractive to seasoned bettors who might encounter restrictions or betting limits on standard wagering sites.
Regulation Gap Helps Prediction Platforms Expand Nationwide
Regulation presents another significant benefit. Prediction markets are subject to federal oversight, enabling them to provide contracts across the entire country. Conversely, sports betting is regulated on a state-by-state basis and is not legalized in several key markets. This wider reach provides prediction platforms with a major advantage in acquiring new users.
Demographic considerations are also highlighted in the report. Numerous prediction platforms permit participation from users aged 18 and above, which broadens their potential user base compared to sportsbooks that mandate customers be at least 21 years old. Analysts point out that younger users are instrumental in generating industry revenues.
The cost structure offers another point of differentiation. Operators of prediction markets do not face the same state-level gaming taxes that sportsbooks do, taxes which can take a large share of revenue. This enables them to function with reduced overhead and provide more competitive pricing. In spite of the positive growth forecast, the industry continues to encounter legal hurdles. A number of states have tried to limit prediction markets, contending they are akin to unlicensed gambling. Simultaneously, federal regulators are maintaining their jurisdiction over the sector, which may lead to additional legal disputes.
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