In a pivotal moment for Churchill Downs, home of the famed Kentucky Derby, a sweeping series of renovations and expansions has been announced, marking the most ambitious modernization in the venue’s 150-year history. These developments are poised to dramatically enhance the spectator experience, showcasing a robust vision for the future of this historic racetrack. Creating a premier viewing experience: During a
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Sweden’s gambling sector experienced a modest year-on-year growth of 2.65% in 2024, with the total revenue reaching SEK27.85 billion, outpacing the SEK27.13 billion recorded in the previous year. This growth was largely fueled by the robust performance of the commercial online gaming market, which continues to dominate the gambling landscape in Sweden. Online gaming leads revenue surge:
In January 2025, Pennsylvania’s gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board (PGCB) reported a total revenue of $529,079,052 for the month, reflecting a robust increase of 10.88% compared to January 2024. Diverse contributions to revenue growth: The comprehensive revenue figures span across several gaming
Iowa lawmakers are considering legislation that would criminalize proxy betting and sportsbook account sharing, bringing new penalties to individuals who engage in these activities. Companion bills, Senate Study Bill 1097 (SSB 1097) and House Study Bill 21, would formally make these practices illegal under Iowa law, reinforcing existing administrative regulations that already prohibit them. The
U.S. Representative Dina Titus of Nevada has once again introduced legislation to remove the federal excise tax on legal sports wagers, a measure she argues places an undue burden on legitimate gaming operators. The Discriminatory Gaming Tax Repeal Act of 2025, which Titus is co-sponsoring alongside Representative Guy Reschenthaler of Pennsylvania, seeks to abolish the
The U.S. gaming industry marked a monumental year in 2024, with revenues climbing to an unprecedented $71.92 billion, as reported by the American Gaming Association (AGA). This figure not only surpasses the previous year’s total by 7.5% but also sets a new annual record, continuing a four-year trend of record-breaking performances. The peak of this achievement came in the
In a notable shift from previous resistance, discussions about introducing a casino to downtown Indianapolis, Indiana, are gaining momentum within the Indiana General Assembly. The debate centers around Senate Bill 43, which proposes a study to identify three optimal locations for casino licenses in Indiana, potentially reshaping the state’s gaming landscape. A shift in legislative perspective: For many years, the
At a critical juncture for one of Australia’s gambling powerhouses, Entain, the departure of several top executives has coincided with intense legal scrutiny from national regulators. Lachlan Fitt, the Deputy CEO and CFO, known for his decade-long influence on the international wagering landscape, announced his resignation amid ongoing federal investigations. This move was closely followed by the exit of Cameron
In a proactive move to curb problem gambling among its youth, the Danish Gambling Authority has unveiled a targeted campaign to promote the ROFUS self-exclusion scheme. This initiative arrives amid growing concerns about gambling habits within younger demographics, particularly following revelations that a significant number of young Danish men engage in gambling activities. Understanding ROFUS: Denmark’s self-exclusion program: ROFUS serves
Stakelogic has introduced Candy Links Bonanza 2, an exciting follow-up to its 2021 slot game, delivering an enhanced gaming experience filled with sugary visuals, special features, and high-paying rewards. This latest installment builds on the mechanics of the original while introducing new gameplay elements to keep players engaged. The slot operates on two adjacent 5×5
In a surprising turn of events that has rippled through the poker community, Phil Hellmuth, a venerable figure in the world of poker, has declared his intention to skip the upcoming 2025 World Series of Poker (WSOP) Main Event. This decision was announced shortly after the WSOP unveiled its eagerly awaited schedule for the year. Hellmuth, known
PlayStar, a prominent player in New Jersey’s online casino market, has taken a significant step to cement its position and foster expansion by establishing a new Advisory Board. This strategic move is designed to leverage the extensive experience of industry veterans to guide the company’s growth, particularly as it eyes opportunities beyond the Garden State. Strategic expansion
Private equity firm Bain Capital has taken control of Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in South Korea. This follows financial difficulties faced by Mohegan Gaming & Entertainment (MGE), whose South Korean subsidiary defaulted on a substantial loan. Bain Capital confirmed on Monday for The Korean Economic Daily that it had
Light & Wonder (L&W) has confirmed a definitive agreement to acquire the charitable gaming assets of Grover Gaming, marking a significant move into the charitable gaming market. The deal, valued at $850 million in upfront cash payments, also includes a potential four-year, revenue-based earn-out of up to $200 million. Subject to regulatory approvals and other
In a significant policy shift, the Welsh government has declared its intention to outlaw greyhound racing, positioning itself as the first nation within the UK to enforce such a prohibition. This decision was made public by Deputy First Minister Huw Irranca-Davies during a session in the Senedd, citing extensive support across various political spectrums and the pressing need
Network Ten, an Australian television broadcaster, has recently come under scrutiny after it was discovered that gambling advertisements were improperly aired during the broadcast of the 2024 Australian Formula 1 Grand Prix. This incident, marked by four specific violations during the first practice round on March 22, 2024, has prompted an official response from the Australian Communications and Media Authority (ACMA). Regulatory
Churchill Downs, the iconic Louisville racetrack known for the Kentucky Derby, has announced the closure of its in-person sportsbook operations, pivoting away from retail betting in the face of overwhelming mobile wagering trends. Darren Rogers, spokesperson for Churchill Downs, stated that the decision was driven by the negligible share of in-person betting in overall sports wagering volumes. “With
Asia-Pacific Strategic Investments (APSI), a Catalist-listed company, has entered into two significant agreements with the Democratic Republic of Timor-Leste government to kickstart substantial economic ventures in the region. On February 8, 2025, the firm signed cooperation agreements with the vice prime minister, coordinating minister for economic affairs and minister of tourism and environment of the
In an ambitious move to carve out a significant niche in the global gaming market, Thailand has introduced stringent entry criteria for local residents wishing to access its upcoming casinos. Under new draft regulations released by the Office of the Council of State, Thai nationals are required to hold at least 50 million baht ($1.5 million) in fixed deposits for a minimum
State Secretary for Legal Protection, Teun Struycken, has outlined a major overhaul of Dutch gambling regulations, emphasizing the protection of young adults and minors. The proposed changes, expected to be formalized by the end of 2025, include raising the minimum age for certain high-risk gambling activities to 21, tightening deposit limits, and increasing enforcement against