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Policymakers Are Moving to Tighten Gaming Rules as NZ Bill Advances to Third Reading

(AsiaGameHub) -   During today's reading of New Zealand's new gambling bill, concerns raised by community groups, spearheaded by an opposition MP, regarding comprehensive player safety measures were discussed. Labour politician and party spokesperson, **Lemauga Lydia Sosene**, has emerged as a central advocate for ensuring that community benefits are a significant component of New Zealand's online gambling laws. Sosene and the community organizations she championed secured a victory late last year when the government committed to implementing a compulsory 4% levy on online casino profits, earmarked for public investment, with a future review to consider increasing this rate. The Labour MP now appears to have achieved another success, as her advocacy for robust measures to reduce gambling harm seems to have prompted the New Zealand government to prioritize this aspect in the forthcoming bill, which cleared its penultimate parliamentary stage today. The bill now requires only its third reading approval before receiving Royal Assent, at which point it will be enacted into law and establish the framework for a multi-licence online casino market in New Zealand. Following a review of the current version, which was voted on today, March 27, policymakers have suggested several amendments to strengthen problem gambling regulations before the bill proceeds to another vote. Specifically, clause 39 mandates that operators implement all reasonable measures to minimize the risk of harm from online gambling. The proposed amendment suggests that these measures be directly linked to the procedures outlined in the regulatory framework, thereby preventing any undue confusion. Additional assurances regarding the government's commitment to safeguarding vulnerable populations were recently provided by **Paul James**, Chief Executive Officer of the **New Zealand Department of Internal Affairs**. "We are striving to achieve a balance between effective measures for detecting, preventing, and minimizing harm, while simultaneously ensuring that the regulations are not so stringent as to impede gambling operators' effectiveness, and that New Zealanders feel secure in their decisions to engage with our non-extended gambling options," James stated. "An incorrect balance would lead individuals to resort to the black market, leaving New Zealanders to gamble without any assistance or safeguards," he added. New Zealand is getting ready to issue 15 online gambling licenses by the close of this year, with the **Online Gambling Bill** anticipated to receive Royal Assent and establish the framework for the new market on May 1. Under the proposed schedule, applications for online casino licenses will commence on December 1, with the 15-license market slated to become operational on July 1, 2027. Presently, international gambling firm **Entain** holds an exclusive sports betting license through a franchising agreement with local operator **TAB NZ**. The company has previously indicated its intention to secure three of the 15 available licenses, a move that would provide it with a significant edge in a market abundant with cross-selling prospects. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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BoscaSports’ UK acquisition signals confidence in retail and racing betting

(AsiaGameHub) -   Betting technology company BoscaSports has broadened its UK capabilities through an acquisition, finalizing terms to acquire video streaming firm 2DB. The Irish firm is specifically focusing on the retail betting sector, noting that the transaction will further solidify its position as a technology provider to licensed betting offices (LBOs). The financial details of the acquisition, such as the purchase price, remain unconfirmed. Nevertheless, Allied Irish Bank (AIB) is backing the move with a loan facility. BoscaSports claims the deal will double its workforce while enhancing its retail and online capabilities. The Irish Times, however, reported that the merged entity is expected to generate €4m (£3.4m) in revenue. “This acquisition is a transformative move for BoscaSports,” said Eugenee Mitchell, the firm’s Chief Executive Officer.  “Combining our capabilities with 2DB’s integrated video streaming and data solutions greatly strengthens our technology infrastructure, our distribution network, and the value we can offer to racecourses, operators, and bettors globally. “We take pride in being an Irish tech success story and are thankful for the support from AIB and RMG as we enter our next growth phase.” Two sectors at a crossroads BoscaSports already has a significant presence in the UK retail betting sector. Key partners of the company include Flutter Entertainment’s Paddy Power, the UK Tote Group, William Hill and Britbet. The company is also a partner to numerous racecourses, with its retail displays used at 86 different tracks across the UK and Ireland. Prominent UK partner tracks include the iconic Ascot Racecourse in Berkshire. “We’re thrilled to announce that 2DB has been acquired by BoyleSports,” said 2DB Managing Director, Steve Boffo. “This is an ideal cultural and strategic fit, and we’re prepared to immediately deliver for our team and customers.” Yet, both British retail betting and horse racing find themselves in a unique and potentially fragile position in 2026. Regarding the former, there have been steady decreases in UK retail betting participation and gross gaming yield over recent years as more individuals shift to online options. For instance, UK Gambling Commission (UKGC) data shows a 2% drop in retail GGY in 2025. There are also ongoing rumors of shop closures, with Paddy Power, one of BoscaSports’ clients, confirming the closure of 257 UK and Irish shops last year. Racing, on the other hand, has faced challenges with fan engagement and attendance for some time, along with the sport’s governing body. As the sport’s finances remain strained, the British Horseracing Authority (BHA) continues to voice dissatisfaction with the government’s choice to maintain the Horseracing Betting Levy at 10%. Nonetheless, retail betting and horse racing received some relief in last year’s government budget. Horse racing was completely excluded from the tax increases announced by Rachel Reeves, Chancellor of the Exchequer, while retail betting will be exempt from the rise in General Betting Duty from 15% to 25% next year. There will certainly be ripple effects from the doubling of online gaming duty to 40%, which has already manifested in the cancellation of racing betting sponsorships, rumors of additional shop closures, and even sales – such as that of William Hill owner evoke. Still, AIB’s support for BoscaSports’ acquisition of a UK betting tech brand might indicate that some analysts perceive a ray of hope for both the British and Irish retail betting market and horse racing sectors. “At AIB, we are proud to back Ireland’s homegrown technology companies as they expand globally,” said Pat Horgan, AIB’s Head of Business Banking – Capital Markets. “Their innovation fuels economic growth, creates high-value jobs, and reinforces Ireland’s status as a top global technology hub.  “Bosca Technologies embodies this ambition, showing how cutting-edge innovation, strong strategic partnerships, and a global focus can achieve success on the international stage.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Details Come to Light About Israeli Military Profiting From Polymarket Bets on Iran Strikes

(AsiaGameHub) -   Fresh information has come to light regarding the case of Israeli military members accused of utilizing confidential knowledge to trade on conflict-based markets via Polymarket. Last month, Israel disclosed the indictment of two people, a military reservist and a civilian. A court-imposed gag order had initially restricted details of the case, but it was partially revoked on Thursday night after a request from multiple media organizations. The men are accused of having placed bets on the timing of Israeli military strikes on Iran in June 2025. As per the indictment, the reservist was informed about the operation during a secret briefing a day before its commencement on June 13 and subsequently alerted his friend. The friend then leveraged this advance knowledge to make bets on Polymarket. The officer is also alleged to have sent a subsequent WhatsApp message immediately prior to the attack, writing, “It’s starting.” Alleged Polymarket Account Flagged Online While the defendants' identities are still withheld, a suspected Polymarket account has been identified online. In January, PredictFolio, a trading tracker associated with Polymarket, stated on X that an account which profited from the strikes the previous year had resumed trading activity. 7 months ago, a possible IDF insider "ricosuave666" predicted the exact day Israel would strike Iran and won $154K.He is now back on Polymarket and started buying a massive position on another Israel strike on Iran by Jan 31. Account:https://t.co/gH1HSdQ16J pic.twitter.com/PQ2UDMsfFC— PredictFolio (@PredictFolio) January 6, 2026 The account was later renamed to rundeep. The user supposedly altered the account name due to concerns about being discovered. PredictFolio asserts that the details revealed this week indicate this specific account was responsible for the purported insider trading. The numbers align. The Times of Israel reported that the two men earned $162,663 from the wager, which they decided to share equally. This amount corresponds to the most profitable bet on the rundeep account. Prosecutors state that details about the timing of the strikes were also shared with five other friends. The officer faces further accusations of leaking information about an Israeli strike in Yemen, allowing his friend to place another winning bet valued at approximately $5,000. This transaction is not visible in rundeep's trading record, suggesting other accounts may have been utilized. Other Accounts Flagged as Suspicious The rundeep account recorded just one unsuccessful bet. The user forecasted a US strike on Iran in June of the previous year, leading to a loss of nearly $3,000. Other traders secured significant profits by betting on the US strike last month. Israel reported it is probing insider trading suspicions related to six accounts that collectively made $1.2 million. Sen. Chris Murphy alleged the President's involvement, posting on X, “People around Trump are profiting off war and death.” There is no confirmed connection between the accounts under scrutiny and either Trump or Israeli military staff. The reservist had already been indicted by this point, making his involvement in this particular scandal improbable. US Lawmakers Propose Banning Select Markets Murphy subsequently proposed the BETS OFF Act, designed to ban betting on governmental actions, terrorism, war, assassination, and other scenarios where an individual possesses foreknowledge or total control over the outcome. While presenting the bill, he reiterated allegations of Trump's participation. The day before the Iran War, a flurry of big prediction market bets were placed – likely from Trump staff – that the war would start the next day.That's outrageous, and today @RepCasar and I introduced legislation to ban these corrupt prediction markets. pic.twitter.com/b4AknXGuto— Chris Murphy (@ChrisMurphyCT) March 18, 2026 The proposed legislation would bring minimal change relative to existing laws and market regulations. The Commodity Exchange Act (CEA) already forbids companies licensed in the US from providing markets on war or death. These specific markets were available on Polymarket's international platform, which operates outside US jurisdiction. Furthermore, insider trading is already illegal, as demonstrated by the indictment against the Israeli military personnel. Nevertheless, a comparable bill was introduced this week. The STOP Corrupt Bets Act seeks to limit prediction market contracts related to elections, military actions, and government activities. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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A Gambling-addicted man files fake mugging case to escape his wife’s wrath.

(AsiaGameHub) -   Indonesian online casino users grappling with gambling addiction are turning to increasingly extreme tactics to hide their betting activities. These tactics include creating fake mugging reports, as reported by the Indonesian media outlet Suarakendari. The most recent such incident allegedly occurred in the city of Kendari, Southeast Sulawesi Province, where authorities clarified that a viral social media report about a “violent mugging” had raised alarm. Officers stated the incident involves a 26-year-old man with the initials ME, a resident of Kendari’s Poasia District. The man has “confessed to fabricating the incident out of fear that his wife would scold him for spending his money on online gambling platforms,” police said. Bogus Bandit Report Authorities noted that ME arrived at the Kendari police station on the afternoon of Sunday, March 22, 2026. He told police officers that four unknown individuals had attacked him at 1 p.m. The Kendari Bay Bridge in Kendari, Indonesia. (Image: Government of Indonesia) In his statement to police, ME claimed that two motorcycle riders, each carrying a passenger, had stopped him in the street. He provided detailed descriptions of the attackers and their vehicles, stating they stole a bag and his wallet before fleeing the scene. However, police noted they detected several irregularities and inconsistencies in the victim’s account. “After further investigation, the victim eventually admitted the report was false,” a police spokesperson said. In reality, they found the man’s bag and IDR 2.3 million (around $137) had indeed been stolen, though not in a mugging. Police reported the bag was stolen by thieves at 6 a.m. that same day, while ME was washing his car. But ME said he had exploited the loss to invent a story aimed at covering up his recent unsuccessful $180 online gambling spree. In his statement, ME told police the muggers had escaped with IDR 5.3 million, or $315. Similar cases are increasing in Indonesia. In January, police accused a man in the Arjosari District of Pacitan Regency, East Java, of faking a violent robbery to cover his own online casino losses. The man also shared on social media that he had been beaten and mugged by a gang of highway bandits and filed a complaint with police. He told police the bandits had stolen his money, cut his hand, and made off with his motorcycle. In reality, police said, the man had fabricated the entire story. Officers noted the wound was self-inflicted, and they traced the motorcycle to the man’s friend, who told detectives he had bought the vehicle from the suspect. Addiction Cases on the Rise These developments come as Indonesian doctors issue warnings of sharp increases in the number of inpatients being treated for gambling addiction. Some hospitals report struggling to cope as patient numbers continue to rise steadily. Officials say that at certain times of the year, hospital bed occupancy rates have exceeded 90%. Some prominent psychiatric wards state they are treating hundreds of gambling-addicted patients. Meanwhile, Indonesia’s anti-money laundering agency reports that gambling deposits surged after the Eid al-Fitr holiday period. This marks the second consecutive year the agency has observed such a rise post-Eid. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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March Madness: Odds, Predictions, and Picks for Tonight’s St. John’s vs. Duke Sweet 16 Game

(AsiaGameHub) -   March Madness is set to continue tonight with four additional Sweet 16 matchups, kicking off with No. 5 St. John’s facing off against No. 1 Duke. Tip-off is scheduled for 7:10 p.m. ET on CBS. DraftKings lists Duke as a 6.5-point favorite with a combined total of 140.5 points as of publication. Sixty-four percent of spread handle and 64% of tickets are backing St. John’s. The Red Storm are a popular underdog bet, but the Blue Devils hold the No. 1 defense in the nation per KenPom. We cashed a winning ticket last night by parlaying the OVER bet for Texas vs. Purdue with Fletcher Loyer scoring at least 15 points. Best Against-the-Spread Pick for St. John’s vs. Duke Blue Devils -6.5 (-108) Duke’s defense is dominant. The Blue Devils stepped up their play in the second half of their Round of 32 matchup against TCU, limiting the Horned Frogs to just 24 total points. Duke advanced to the Sweet 16 without starting point guard Caleb Foster (foot injury), but head coach Jon Scheyer announced he may return to the lineup tonight. Center Patrick Ngongba II returned from his own foot-related absence against TCU, and his presence will be critical tonight in slowing down Zuby Ejiofor in the paint. The Big East Player of the Year averages 16.3 points and 7.3 rebounds per game.  Duke’s Cameron Boozer is a frontrunner for the Wooden Award. Boozer leads Duke with averages of 22.4 points, 10.3 rebounds, and 4.2 assists per game. But this game will be won (and covered against the spread) primarily by Duke’s defensive effort. The Blue Devils hold a massive height advantage that will prevent St. John’s from operating effectively near the basket. That level of rim protection will lead to longer-range shot attempts and fewer free-throw opportunities for the Red Storm. Duke also ranks fourth nationally in rebound rate (57.9%), so don’t expect many second-chance scoring opportunities for St. John’s tonight. If the Johnnies hope to find success from beyond the arc, they will face a Duke defense that limits opponents to just 30.5% three-point shooting. That places the Blue Devils 20th in the nation for that defensive metric. Pick: Duke -6.5 Top Player Prop Bet for Duke Blue Devils Patrick Ngongba II OVER 5.5 Rebounds (-108 at FanDuel) Ngongba saw just 13 minutes of play against TCU in his first game back after missing six games due to foot issues. He still managed to pull down four rebounds coming off the bench. Expect his playing time and rebound total to rise tonight against St. John’s, which ranks 147th nationally in field goal percentage at just 45.2%. There will be ample opportunities for him on the defensive glass. Standing at 6-foot-11, Ngongba should have a field day against St. John’s smaller lineup. Top Player Prop Bet for St. John’s Red Storm Dylan Darling UNDER 6.5 Points (-130 at FanDuel) Dylan Darling emerged as a hero with a buzzer-beating game-winner against Kansas, but that was the only basket he scored in that contest. WE HAVE A MARCH BUZZER BEATER WIN FOR THE JOHNIES DYLAN DARLING SENDS ST. JOHNS TO THE SWEET 16 pic.twitter.com/18WNZyP5WP— TNT Sports U.S. (@TNTSportsUS) March 22, 2026 Darling has finished under this prop total in four of his last five games, largely due to his poor three-point shooting. He has gone 1-for-21 from three-point range over that stretch. Given Duke’s elite perimeter defense, it’s difficult to see Darling surpassing this total tonight. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Gambling.com announces new CEO appointment amid leadership shakeup following record Q4

(AsiaGameHub) -   Gambling.com Group has announced a significant leadership reshuffle, with co-founder and current Chief Operating Officer Kevin McCrystle stepping into the Chief Executive Officer role. McCrystle will succeed fellow co-founder Charles Gillespie, who will transition to the firm’s Executive Chairman position. Slated for mid-May, the transition will conclude Gillespie’s 20-year tenure as CEO— a period during which he guided the company from its 2006 founding to its current status as a publicly traded global business. In that time, Gambling.com has evolved into a technology firm spanning performance marketing and sports data services, operating in more than 20 regulated markets. Michael Quartieri, Lead Independent Director, called Gillespie “one of the longest-serving and most successful CEOs in the history of the online gambling industry”. “Under Charles’ guidance, Gambling.com Group has gone from a mere concept to the first publicly traded online gambling affiliate in the U.S.— now a large, highly profitable global marketing and data services business that has engaged millions of consumers and serves hundreds of online gaming companies,” he said. “As Executive Chairman, Charles’ expertise and direction will still benefit the company— including through his active role in evaluating strategic M&A opportunities and keeping the company at the forefront of the AI revolution. “On behalf of the Board of Directors, we sincerely thank Charles for his 20 years of exceptional service as our first and only CEO, and we look forward to his continued contributions in his role as Executive Chairman.” In his new role as Executive Chairman, Gillespie will stay deeply involved in the company’s strategic direction— including mergers and acquisitions and its ongoing AI focus. McCrystle, who co-founded the company with Gillespie, has served as COO since 2007 and overseen key revenue-driving functions like product, marketing, content, sales and technology. He has also played a pivotal role in the company’s geographic expansion— including building its European operations in Ireland and subsequent growth in the U.S. The board stressed that the leadership change represents continuity rather than a strategic shift, with Quartieri noting Gillespie and McCrystle have worked “in lockstep” since the company’s inception. A new era for Gambling.com The leadership reshuffle comes as Gambling.com enters what it describes as a new growth phase, fueled by the expansion of its sports data services and the increasing role of AI in its operations. In remarks accompanying the announcement, McCrystle highlighted the company’s evolution through multiple stages— from startup to international expansion to public listing— and framed the transition as part of a larger shift toward long-term growth. He explained: “With our fast-growing sports data services business, the ongoing diversification of our marketing business and the power of AI rapidly changing how we operate, it’s clear we are now in a new growth execution phase. “As we continue to implement our strategic initiatives, I am energized to take on the CEO role and lead the entire company with our founder-driven values to best position Gambling.com Group for long-term growth.” The change also comes just weeks after the Nasdaq-listed business released its FY25 results, reporting a year-over-year revenue increase of over 30% to $165.4m (£124.5m). Adjusted EBITDA climbed 19% to $58m, and the business— which now employs hundreds of staff— said it expects 2026 revenues of $170m-$180m, with EBITDA between $50m-$58m. The modest EBITDA growth may have contributed to dampened investor confidence, as Gambling.com’s share price has dropped around 10% since results were released on March 12— falling from $4.35 to $3.93. Despite the leadership shift and stock decline, Gambling.com said its core strategy remains intact, centered on expanding its dual focus on marketing services and sports data. The company operates a portfolio of consumer-facing brands, including Gambling.com, Bookies.com and Casinos.com, alongside data and analytics platforms such as OddsJam, OpticOdds and RotoWire. Leadership remains confident in growth through its brands, and record Q4 revenue of over $35m supports that confidence. On his move from CEO to Executive Chairman, Gillespie added: “I have spent my entire adult life building Gambling.com Group with Kevin, and I look forward to continuing to work closely with him as we enter the next phase of the company’s growth. “As we keep growing our sports data services business, reinvent our marketing business and embrace an AI-driven future, now is the right time to refresh our leadership team and give our most talented leader full reins to drive all parts of the business.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Lawyers Who Won Against Meta and Google File New Lawsuit Against Sportsbooks

(AsiaGameHub) -   Attorneys responsible for a pivotal legal victory against Meta and Google have turned their attention to sports betting operators, filing a new suit against FanDuel and DraftKings in Massachusetts. Jennifer Hoekstra, a partner with the law firm Aylstock, Witkin, Kreis & Overholtz, who contributed to discovery and briefing in the California social media litigation, is spearheading the new action. She is heading a personal injury lawsuit that contends the companies deliberately target at-risk individuals, for instance during late-night hours or following significant losses. “They develop and personalize themselves to the individual user,” Hoekstra informed ESPN. “The algorithm identifies you and your interests when you log in. It appears, making it increasingly addictive for that individual.“ Plaintiff Wagered Millions of Dollars According to the legal filing, the anonymous plaintiff placed bets totaling $3 million on FanDuel from 2023 to 2025. While the exact loss amount is unspecified, the complaint indicates his gambling grew into “an unmanageable addiction to the defendants’ sports betting platforms.” His escalating gambling habit led him to quit his job, and he is currently receiving treatment for addiction. Mirroring another suit filed this week, DraftKings and FanDuel provided him with VIP hosts. In the other case, the two plaintiffs sustained losses exceeding $2 million on the platforms. Hoekstra stated that her new lawsuit concentrates on physical injury, not financial harm. Using Social Media Arguments The core argument that succeeded in the social media lawsuit was that the product was deliberately engineered to be habit-forming. Hoekstra is applying a similar legal strategy against the gambling firms. “We’re claiming that there is an actual physical harm that is being done through the addiction,” Hoekstra explained. “This is what distinguishes our case: the allegation of a defective product that was intentionally and defectively designed to cause this injury.” The suit alleges DraftKings and FanDuel profit from problem gamblers. It references a Connecticut study indicating 51% of sports betting revenue in the state is generated by 2% of players, who are classified as problem gamblers. An earlier lawsuit against DraftKings presented data suggesting 42% of the company’s total revenue originates from roughly 3.8% of its user base. Will ‘Intentionally’ Addictive Argument Work Again? In the Meta case, the plaintiff received $6 million in damages after jurors determined that Meta and Google had intentionally created addictive social media platforms that damaged the 20-year-old's mental health. However, past rulings have found that gambling companies owe no duty of care to compulsive gamblers. Recently, a Pennsylvania judge dismissed a separate lawsuit against DraftKings. In his decision, he stated, “The Court finds that DraftKings has no duty of care to protect Plaintiffs from spending too much money or from developing or fueling a gambling addiction.” Similar to the two new suits, the dismissed complaint claimed that VIP hosts had promoted further losses. The judge determined that the hosts did not control the betting or make decisions for the individuals. “Encouraging them to place bets is insufficient to create a fiduciary relationship,” the judge wrote. A fiduciary relationship is a legal association of trust where one party (the fiduciary) acts for the benefit of another. Because individuals bet voluntarily, the VIP hosts and companies are not held legally accountable. While DraftKings was previously fined $450,000 in Massachusetts for a clear breach of state law regarding credit card deposits, the new lawsuits confront the greater challenge of proving the companies are liable for a gambler's losses. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Raskin and Merkley Propose Legislation to Outlaw Election, War, and Government Prediction Markets

(AsiaGameHub) -   Capitol Hill witnessed a flurry of activity surrounding prediction markets on Thursday, as legislative pressure on event contract exchanges reached new heights. Lawmakers unveiled two separate proposals to limit the sector from different regulatory vantage points, including the STOP Corrupt Bets Act.Rep. Jamie Raskin (D-MD) and Sen. Jeff Merkley (D-OR) introduced the bicameral legislation, which takes aim at prediction market contracts linked to elections, military operations, and government actions, marking it as one of the most sweeping proposals directed at the rapidly expanding industry.  The measure was introduced on the same day that Sens. Elissa Slotkin (D-MI), Todd Young (R-IN), Adam Schiff (D-CA), and John Curtis (R-UT) put forth separate bipartisan legislation concentrating on insider trading by government officials, illustrating the swift acceleration of efforts to regulate prediction markets in Washington.  The simultaneous introduction of these bills indicates that lawmakers are implementing a coordinated, multi-pronged strategy to address prediction markets from various angles rather than pushing a single, unified measure.   If this tactic proves successful, it would lead Congress to impose restrictions on an industry that Schiff has dubbed the “Wild West.”  Legislation Targets Wagering on Elections, Warfare and Governmental Actions The STOP Corrupt Bets Act is broader in scope than several recent proposals. Rather than adopting a narrow focus on ethics or market integrity, this legislation would prohibit entire categories of event contracts.  As drafted, it would modify the Commodity Exchange Act to bar registered entities from listing or trading contracts covering specific “matters described,” including elections, sporting events, and military actions that the bill’s sponsors maintain lack commercial hedging value and essentially operate as unregulated gambling. The measure extends further than other proposals that merely restrict government officials, as it prohibits all individuals from placing such wagers.  The legislation expressly bans event contracts on: Political elections or contests Governmental actions taken by the executive, legislative, or judicial branches Sporting events or athletic competitions Military operations conducted by the United States or any foreign nation In the announcement releasing the bill, Raskin stated: “The oligarchs and opportunists are using prediction markets like Kalshi and Polymarket to enrich themselves. By banning bets on elections, legislation, acts of war and other government actions, we can oppose corrupt attempts to rig our democracy and profit from the fix, and we can redeem public faith in the idea that government is an instrument for the common good and not a casino.”  The proposed legislation specifically targets event contracts that could be influenced or even known beforehand by government insiders, as well as those that might present a risk to national security.  Lawmakers have increasingly expressed concerns that markets related to warfare and geopolitics could create perverse incentives or expose vulnerabilities in the handling of sensitive information.  The bill includes a narrow exception for contracts used for “hedging or mitigating commercial risk,” but assigns the Commodity Futures Trading Commission with defining the specific parameters.  This measure draws a clear line around which events should be completely prohibited, rather than regulating how participants engage with them, making it one of the most aggressive proposals to date.  If enacted, the legislation would require the Government Accountability Office to study the impact of prediction markets on young people, insider trading, and related issues. Legislators Employ Various Tactics as Bills Accumulate The current approach to prediction markets on Capitol Hill could be characterized as a “death by a thousand cuts” strategy. Lawmakers have introduced various bills, many with overlapping objectives and even overlapping sponsors. For example, Sens. Schiff and Curtis are challenging the industry from multiple legal perspectives simultaneously, with both co-sponsoring more than one proposal targeting prediction markets. This layered approach might ensure that if one of the bills fails to gain traction or faces constitutional challenges, another might survive. While some legislation focuses on the ethics of government officials trading on nonpublic information, other bills address regulatory “backdoors” by reclassifying event contracts as traditional sports betting or casino-style gambling. Additionally, Sens. Richard Blumenthal (D-CT) and Andy Kim (D-NJ) have introduced the Prediction Markets Security and Integrity Act, which merges insider trading prohibitions with restrictions on war-related bets and specific consumer protections like age verification and credit card bans. Above all, the multiple measures demonstrate that Congress is committed to eliminating loopholes in the current regulatory framework.  This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Swedish Gambling Regulator Appoints New Director General

(AsiaGameHub) -   Acknowledging the necessity of navigating a shifting gambling landscape, the Swedish government has named a new Director for Spelinspektionen. Peter Knutsson is set to take charge of Sweden’s gambling sector as the newly appointed Director General of the national gambling authority. Starting August 17, he will replace Johan Röhr, serving a six-year term that concludes in August 2032. Bringing a wealth of experience in political affairs, Knutsson previously held the position of Sweden’s Advertising Ombudsman. Before that role, he served as Head of Unit at the Ministry of Finance. Furthermore, he possesses over 20 years of leadership experience, utilizing his legal background to provide extensive insights into consumer legislation. His professional history includes time at the European Commission and advisory roles for the Swedish Financial Supervisory Authority. Niklas Wykman, the Minister for Financial Markets, congratulated his colleague, emphasizing the importance of bolstering the domestic gambling market with Knutsson’s specific expertise. “The Swedish gambling market should be characterised by high security and strong consumer protection. Spelinspektionen has a major responsibility in this regard,” he stated. “I am pleased that Peter Knutsson, with his deep knowledge of consumer issues, has accepted the role of Director General.” New leadership for a pressured market Knutsson was welcomed by his new colleagues at the regulatory body. Both the Spelinspektionen Board and the outgoing Director expressed their commitment to collaborating with him to improve the Swedish gambling market. Madelaine Tunudd, Chairwoman of the Board, remarked: “With the solid experience Peter Knutsson has from, among other things, the Ministry of Finance, consumer affairs and most recently the Advertising Ombudsman, this will be very good for the authority.” Tunudd recently advanced within Spelinspektionen, ascending from the Vice Chair position she occupied since 2019 to the Chair role following the retirement of her predecessor, Claes Norgren. Meanwhile, Röhr stated his readiness to assist Knutsson as he assumes his new position, aiming to ensure a seamless transition that does not disrupt the regulator’s daily operations. “I welcome the government’s decision on a new Director General for the Swedish Gambling Authority, and will ensure that Peter Knutsson receives a good introduction in my handover as acting Director General,” Röhr concluded. Spelinspektionen has a busy year approaching. A prohibition on credit gambling takes effect on April 1, and later, the regulator will receive enhanced powers to combat offshore operators targeting the Swedish market more effectively. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Bipartisan Senators Propose Public Integrity in Financial Prediction Markets Act

(AsiaGameHub) -   The legislative effort against prediction markets pressed forward strongly on Thursday, with lawmakers unveiling yet another bill aimed at the sector.  Sens. Elissa Slotkin (D-MI), Todd Young (R-IN), Adam Schiff (D-CA), and John Curtis (R-UT) are spearheading this bipartisan initiative, known as the Public Integrity in Financial Prediction Markets Act of 2026, which seeks to prohibit government officials from leveraging insider information to gain profits from event contracts. As drafted, the legislation aims to stop federally elected officials, political appointees, and government employees from utilizing their access to sensitive, nonpublic information—acquired through their trusted roles—to execute trades on prediction markets.  Similar to other proposals, this legislation comes in the wake of multiple reports of alleged insiders securing substantial profits by making suspiciously timely trades ahead of major geopolitical events, including the joint U.S.-Israeli strikes on Iran, where six accounts earned $1.2 million.In a press release announcing the bill, Young referenced these worries: “Public service should never be a pathway to personal profit based on insider information. Recent activity in prediction markets has raised real concerns that individuals with access to sensitive, nonpublic information could exploit that advantage for financial gain.”  This measure joins a growing number of bills targeting the industry, as lawmakers from both parties voice concerns over insider trading, sports contracts, and markets linked to war and government actions.  Bill Covers Congress, Executive Branch Staff & Political Appointees The proposed bill aims to address what many view as an ethics gap, as prediction markets are being used more frequently as financial tools, sparking worries about insider trading.  Under the legislation, “covered individuals” would encompass the president, vice president, members of Congress, and employees of executive or independent regulatory agencies. Those in these categories would be prohibited from using:“Material nonpublic information that a reasonable investor would deem significant when making a decision about a prediction market contract and that is not publicly accessible.” The bill would establish strict penalties and reporting requirements: Authorizes fines of $500 or double the profit from the trade, whichever is higher.  Oversight ethics offices are required to establish regulations, issue guidance, and collect reports on transactions exceeding $250.   Any covered individual involved in a transaction worth over $250 must submit a detailed report to their oversight ethics office within 30 days.  Slotkin stressed why she believed the bill is needed: “No one should profit from the information and knowledge gained through public service, plain and simple. This bill is a crucial initial step in establishing commonsense regulations for prediction markets, with real enforcement to ensure those who violate these rules face tangible consequences. I’m proud of our bipartisan group and thank Senators Young, Schiff, and Curtis for collaborating with me to advance this critical legislation.” Curtis noted that the bill would apply long-standing insider-trading principles to a new form of financial product. Schiff, on the other hand, contended that the industry cannot be left to regulate itself. Competitive Field of Prediction Market Legislation The Public Integrity in Financial Prediction Markets Act enters an already packed arena of legislative proposals competing for attention on Capitol Hill, as members of Congress aim to define their stances in the debate. In January, Rep. Ritchie Torres (D-NY) introduced a House version of the same act.  On the same day Slotkin, Young, Schiff, and Curtis introduced this bill, Sen. Jeff Merkley (D-OR) and Rep. Jamie Raskin (D-MD) unveiled the STOP Corrupt Bets Act, a bicameral bill that would prohibit prediction market betting on elections, government actions, and military operations.  Other recent proposals include the End Prediction Market Corruption Act by Merkley and Sen. Amy Klobuchar (D-MN), Schiff’s DEATH BETS Act, and the Prediction Markets Security and Integrity Act of 2026 by Sens. Richard Blumenthal (D-CT) and Andy Kim (D-NJ).  Other bills advancing through Congress include the Prediction Markets Are Gambling Act by Sens. John Curtis (R-UT) and Adam Schiff (D-CA), and the PREDICT Act by Reps. Adrian Smith (R-NE) and Nikki Budzinski (D-IL), which focuses on political event contracts. Considering the number of bills under consideration in Congress, one thing is clear: Congress is seeking to address what it perceives as the prediction market issue from various perspectives. Though no single bill has yet distinguished itself, it appears lawmakers have no plans to ease the pressure on prediction markets in the near future. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Government Provides Transition Grants to Support Gambling Charities

(AsiaGameHub) -   The British government is working to alleviate the financial strain on charities addressing gambling harm as they navigate a new, and at times contentious, funding system. According to the Department for Culture, Media and Sport (DCMS), which oversees gambling regulation in the UK, the statutory research, education, and treatment (RET) levy has generated nearly £120 million in its inaugural year. This substantial amount is earmarked specifically for research into, prevention of, and treatment for gambling-related harm. However, the transition from the previous funding arrangements to the new model has posed difficulties for some charitable organizations. To address these challenges, the DCMS has established a three-month transition grant fund. This grant will be accessible to UK charities focused on gambling harm from April 1 to June 1, 2026. In instances where the DCMS makes a decision after April 1, charities will be permitted to submit claims retroactively. Charities will be required to meet specific eligibility criteria to be considered for a grant. Eligible organizations must have been engaged in 'relevant activity' in March 2026 to support service users in England. Furthermore, they must have previously applied for and been unsuccessful in securing funding from the gambling levy through either the Gambling Harms Prevention VCSE Grant Fund or the Gambling Harms Treatment VCSE Grant Fund. The purpose of this grant is to cover staffing costs and associated overheads necessary for the continued operation of charity services. Capital expenditures, defined as any spending that results in the creation or improvement of an asset valued at over £2,000, are not eligible for funding. Organizations have until April 30, 2026, to submit their grant applications. Charities navigate a controversial shift The levy was a key component of the Gambling Act review, replacing the former system where operators voluntarily contributed 1% of their revenue to GambleAware. GambleAware then managed the commissioning of RET projects nationwide. Invoices for the statutory levy were first issued by the UK Gambling Commission (UKGC) on September 1, 2025, with a payment deadline of October 1, 2025. The levy is now an annual obligation for licensed operators, with invoices dispatched on September 1 each year. However, the introduction of the levy has not been without controversy, and several charities have expressed concerns regarding the long-term viability of the UK's gambling harm research, education, and treatment system under the new funding structure. NHS England, which is undergoing restructuring, has assumed responsibility for treatment funding. The Office for Health Improvement and Disparities (OHID) will oversee prevention efforts, and UK Research and Innovation (UKRI) will manage research initiatives. GambleAware ceased operations earlier this month, as its commissioning functions have been effectively transferred to the NHS. The charity had long advocated for the establishment of a statutory levy, but with itself retaining the lead role in commissioning. Various charitable organizations voiced alarm at these changes when the Gambling Act review White Paper was published in April 2023, and have continued to do so. For instance, the Gambling Lived Experience Network (GLEN) shared some frustrations on LinkedIn just last week. However, the organization did offer some commendation for OHID, describing its performance as significantly better than that of NHS England and UKRI. Is there any going back? Regardless of the opinions held by charities, it appears that the statutory levy is a permanent fixture. Even if the government were to reconsider its position, such a significant undertaking would require considerable time to reverse. The process of commissioning services is also well underway. In Scotland, the devolved government has begun allocating its £7.9 million share of the UK-wide gambling levy. These funds will be distributed among the NHS, local authority partners, and the third sector, which includes charities. Scotland's Public Health Minister, Jenni Minto, stated: “Gambling harm is a significant issue affecting far too many people in Scotland. It impacts not only individuals who gamble but also their families, relationships, communities, and society as a whole. “We are already working diligently with partners to mitigate this, and these awards represent a major step forward. This funding will support a variety of projects and programs for individuals dealing with what is often an unseen issue. “Data indicates that over two percent of Scottish adults – more than 90,000 individuals – may be problem gamblers. The funding provides a balanced approach across the third sector, including community and voluntary organizations, and services delivered through the NHS and local authorities.” The largest beneficiaries include the RCA Trust (£1 million), Public Health Scotland (£967,000), NHS Greater Glasgow and Clyde (£926,000), Fast Forward (£561,000), Citizens Advice Scotland (£450,000), and Simon Community Scotland (£445,000). Other recipients are Gambling With Lives (£124,000), Charity Space Scotland (£47,000), Scottish Ambulance Service (£45,000), Young Scot (£30,000), and Dundee and Angus College (£52,000). The RCA Trust, the largest recipient, offers counseling services for individuals affected by gambling-related harm and other conditions such as drug and alcohol abuse. Andy Todd, a spokesperson for the charity, commented: “The funding provided by the Scottish Government will be crucial for the ongoing delivery of prevention, education, training, treatment, and support for those impacted by gambling harms across Scotland. “With gambling harms now being addressed through a public health model, we look forward to collaborating with partners to reduce harms by expanding service provision, decreasing stigma, and working with lived experience perspectives to integrate policy and practice among frontline staff.” The distribution of gambling harm treatment funding in Scotland follows the Welsh government's announcement of how its share of the RET levy funds would be allocated nine months prior. However, there is still no confirmation regarding how funds will be utilized in England. Overall, the government anticipates raising between £90 million and £100 million annually from the levy. According to the DCMS, this target was exceeded in its first year, yet there remains no clarity on how these funds will be spent in England, the UK's largest nation. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Playtech CEO targets global growth opportunities as company seeks to regain momentum

(AsiaGameHub) -   Live casino products provide limitless opportunities for operators in the U.S., as stated by Mor Weizer, Chief Executive Officer of Playtech, during an interview with SBC News. Shortly after Playtech released its full-year 2025 results, Weizer told us that the Group will stay focused on expanding the live casino market in the U.S., even though the product has lower adoption rates than in many other global regions. “We see the U.S. as a huge opportunity,” he noted. “Live casinos are indeed very popular in Asia, and they’re also well-received in some other markets—there are countries where live casino makes up 25-30% of total gaming activity. “In the U.S., as you rightly noted, adoption rates are still limited to around 17%. However, we see this as a chance because we are confident that the U.S. market’s fundamentals will enable significant growth in live casino.  “As we stated earlier today, live casino customers generate 1.8 times more revenue than regular casino players, which creates a cross-selling opportunity for operators to expand live casino offerings in the U.S. further.” A Global Shield Against Tax Burdens The Americas region overall has been a critical contributor to Playtech’s financial performance over the past year, particularly as the company undergoes a rapid transition to a B2B-focused business. However, a notable point from the FY25 report was that B2B costs rose while B2B revenue declined year-over-year (YoY). When asked if Playtech can reverse this trend in 2026, Chris McGinnis, Chief Financial Officer, noted that revenue was affected by the updated agreement with Caliente International, but costs are projected to increase at a slower pace this year, and profits are expected to return to growth alongside this. Looking ahead, this year is set to bring higher tax burdens in several of Playtech’s key markets, including Brazil and the UK. Nevertheless, the company’s management is confident that Playtech can weather these challenges due to its diversified portfolio. McGinnis explained: “The most significant impact for Playtech has been in the UK, where the government announced an increase in the Remote Gaming Duty. We issued a statement indicating that this would have a major effect on our business.  “But we remain optimistic. Playtech is geographically diversified, so even with tax hikes in the UK and other regions, we are still confident that we will continue to grow.” Weizer further emphasized: “We have a strong presence in other markets such as Italy, Spain, France, Poland, Romania, and the Scandinavian region. This broad diversification means we are well-equipped to handle any regulatory changes that may arise.” Finally, Playtech confirmed that it is exploring several new markets to boost its diversification, specifically Finland, New Zealand, and Ireland. All three nations are currently implementing major regulatory changes.  Finland is working to end its state-run gambling monopoly with operator Veikkaus by June 2027, New Zealand is set to launch its first online gambling licenses, and Ireland has a new gambling regulator that will reshape the country’s domestic market. Weizer concluded: “Finland is adopting a new regulatory framework that will allow operators to enter the market openly. We view this as a chance to deepen our partnership with Veikkaus. “We also have existing Scandinavian partners who are eager to enter the Finnish market as soon as the regulatory changes take effect. “New Zealand, meanwhile, is currently unregulated but is considering introducing regulations. Playtech is seeking to partner with operators that are likely to establish themselves there, including both B2B partners and structured agreement partners. “As for Ireland, they are also revising their regulatory framework. We see this as an opportunity due to our strong connections with individuals who have access to the Irish market.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Sports Betting and Gaming Companies Expand Sponsorships Across Diverse Sports

(AsiaGameHub) -   Despite ongoing discussions about marketing budget reductions, sports sponsorship activity within the global betting and gaming sector shows no signs of deceleration. The past fortnight has seen a new surge of agreements spanning motorsport, football, baseball and sports data. This Sponsor Spotlight examines the worldwide platform of Formula 1, explores various football agreements throughout Europe, and ventures across the Atlantic to identify which iGaming operators are establishing a presence in the US market and their specific locations. Allwyn races to the forefront of Formula 1 Following a successful inaugural season, Formula 1 has prolonged its collaboration with Allwyn via a new multi-year contract. The agreement capitalises on Formula 1's sustained international expansion, with the sport now reaching 827 million supporters and a total television viewership of 1.8 billion. The refreshed partnership prioritises enhancing fan interaction through digital and interactive initiatives. A significant enhancement involves Allwyn's incorporation into the F1 Predict platform, enabling fans to predict race results through the newly created "Allwyn League", with rewards including grand prix tickets and Paddock Club entry. The brand will also achieve greater exposure during formation laps, representing one of the most prominent segments of a race weekend. This development follows a momentous period for the UK's National Lottery operator, encompassing the release of its financial results, finalisation of its OPAP merger, and exceeding the £450 million investment threshold for National Lottery modernisation. Tipico scores in the nation of its headquarters Tipico Group has entered into a multi-year contract with the Malta Football Association, securing status as an official partner of the national squad. Departing from conventional sponsorship models, this arrangement focuses on employer brand development, specifically promoting Tipico's recruitment platform and drawing local expertise in technology, finance and business positions. The collaboration encompasses branding on team kits, stadium promotions and digital media, all designed to boost recognition among Malta's labour pool and reinforce Tipico's standing as a permanent employer in what has become a favoured location for iGaming companies. PureWager goes in to bat for Baltimore Orioles PureWager Group has entered the US professional sports arena via a sponsorship agreement with the Baltimore Orioles. This designation establishes PureWager as the sole sports betting partner of the baseball organisation and involves establishing the PureWager Pavilion at Oriole Park, Camden Yards, conceived as a communal area for supporters. The deal coincides with PureWager's preparations to debut its wagering and online casino platform in the United States, with intentions to expand into numerous states after an initial launch in Michigan. Eurobet.live taps into ‘second screen’ trend with AS Roma Eurobet.live has secured a multi-year sponsorship with AS Roma, assuming the role of the club's principal shirt sponsor until the 2028/29 campaign. The collaboration is notable for its emphasis on infotainment over conventional sportsbook marketing, seeking to comply with Italy's stringent advertising restrictions. Eurobet.live will assume a pivotal function in AS Roma's digital content approach, generating matchday material, interviews and social media elements. The agreement targets the "second screen" demographic – supporters who interact with statistics and content whilst viewing matches. Veikkaus sponsor capitalises on a Scandinavian niche Finnish National Lottery operator Veikkaus Oy has been appointed principal partner of this year's men's Floorball World Championships, hosted in Finland. Finland's men's team enters the competition as defending world champions, having secured the title in Sweden during 2024. The sport has surged in popularity throughout Scandinavia, with final weekend tickets already exhausted, as Veikkaus seeks to leverage this momentum through sponsorship and broaden brand recognition before significant industry reforms in Finland. Spotlight rankings: Who’s standing out? 1: Formula 1 / Allwyn Viewed globally, this partnership is particularly prominent. Combining Formula 1's extensive reach with Allwyn's expanding sporting footprint, it unites two substantial organisations on a worldwide platform. Both entities have also experienced recent international expansion. 2: PureWager / Baltimore Orioles Entering the US sports market via an MLB franchise provides PureWager with a robust foundation for establishing brand recognition before a broader rollout. 3: Eurobet.live / AS Roma Italy's wagering market ranks as Europe's second-largest, and the revised regulatory structure has been well received. Gaining exposure through a prominent Serie A club represents a shrewd strategic decision. 4: Tipico / MFA While Malta stands among the globe's most significant gambling centres, its domestic market remains relatively modest by European standards due to the country's limited population. Nevertheless, preserving positive relationships with local sporting partners is always advisable. 5: Veikkaus Oy / Floorball Finally, Veikkaus' most recent sponsorship initiative does not match the scope of other agreements examined here. Nonetheless, it aligns perfectly with the company's reputation as a socially conscious operator, potentially offering significant advantages when Finland liberalises its market to additional licensees in 2027. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Helen Bryce Appointed BHA’s Legal Counsel for UK Racing

(AsiaGameHub) -   The British Horseracing Authority (BHA) has announced the appointment of Helen Bryce as its new General Counsel and Company Secretary, effective from 1 August 2026. This appointment is part of a significant restructuring of the governing body's leadership during a crucial time for UK racing. Bryce will oversee all legal, compliance, risk management, and corporate governance operations, providing counsel to both the Executive and the Board on legal and statutory duties. Her promotion signifies an internal progression, as she joined the BHA in 2017 and currently holds the position of Head of Legal and Governance. Before her tenure at the BHA, Bryce spent ten years at Bird & Bird, where she served as a senior associate in their technology, media, and sport division, developing expertise in intricate regulatory and commercial matters. She succeeds Catherine Beloff, who is leaving the organisation after more than a decade. During her time, Beloff managed two major governance reviews and established an independent judicial panel, contributing to the modernisation of the BHA’s regulatory framework. Bryce expressed that it is a "huge privilege" to join the BHA at a pivotal moment for UK racing. She stated, "The BHA has a critical role to play in safeguarding the integrity and future of British racing. Maintaining the highest standards of corporate governance, legal compliance and transparency is fundamental to that mission. “I look forward to working closely with colleagues and stakeholders across the industry to ensure that our policies and procedures not only meet regulatory expectations but also reinforce trust and accountability across the sport.” BHA heads to negotiation table Her appointment occurs amidst broader executive changes within the BHA. In March, Brant Dunshea officially took on the permanent role of CEO, having previously led the organisation on an interim basis following Julie Harrington's resignation in 2025. Concurrently, the BHA is continuing its search for a new Chair, following the unexpected departure of Lord Charles Allen in February. His six-year term concluded amidst reported disagreements with stakeholders and racing bodies regarding governance direction. The selection of a new Chair is considered vital. The BHA is preparing to enter negotiations with the Department for Culture, Media and Sport (DCMS) and bookmakers, represented by the Betting & Gaming Council (BGC), concerning the future funding model for the horseracing levy. The redesign of the levy was notably excluded from the scope of the UK Gambling Review, a decision that has escalated tensions with bookmakers, some of whom have indicated they might withdraw from racing if terms are unfavourable. Against this backdrop, Bryce's appointment is viewed as a move to bolster the BHA's legal and governance capabilities in anticipation of complex regulatory discussions. Prominent figures, including Matt Hancock, Ben Wallace, and HR veteran Julia Tyson, have already been mentioned as potential candidates for the vacant Chair position. Commenting on the appointment, Dunshea remarked, “Helen has made a valuable contribution to the BHA and to British racing over a sustained period, demonstrating not only astute legal judgement but also a deep understanding of the governance challenges facing modern sport.  “At a time when the BHA must engage in complex discussions on funding, regulation and long-term sustainability, her expertise will be central to ensuring that we meet our statutory responsibilities while maintaining the confidence of participants, stakeholders and the public.” He further added, “Her leadership will be instrumental as we navigate a period of structural change for racing, ensuring that our regulatory framework remains robust, transparent and fit for purpose.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Brazil Targets Doubled Tax Revenue from Online Gambling

(AsiaGameHub) -   Brazil’s tax authority, the Receita Federal (RF), projects a substantial increase in tax revenue from licensed online gambling by 2026. This projection comes after a reported 235% surge in taxes collected in Q1 2026 from the 87 active licenses within the Brazil Bets market, according to SBC Noticias Brazil. The federal government collected R$2.5bn (£350m) in taxes related to betting between January and February, a significant rise from the R$756m (£108.4m) gathered in the corresponding period of 2025. January alone contributed R$1.49bn, with February yielding R$1.04bn. Analysts have suggested a possible seasonal dip in February, potentially linked to the Carnival festivities. This sharp increase is attributed to the ongoing maturation of Brazil's regulated betting framework, which is now in its second year of full operation under Law No. 14,790/2023. Market growth has been a primary factor, with the number of fully licensed operators growing from 49 at the start of 2025 to 87 by February 2026, leading to improved channelization and tax collection. New fiscal measures were approved by Congress at the end of 2025 through Law No. 224/2025, introducing a gradual increase in the Gross Gaming Revenue (GGR) tax. The rate is set to rise from 12% to 13% in 2026, with a goal of reaching 15% by 2028. According to RF Secretary Robinson Barreirinhas, the initial phase of this incremental adjustment is anticipated to generate an additional R$260m in tax revenue solely in 2026, bolstering the government's confidence in betting as a reliable source of fiscal income. Based on current trends, the RF estimates that tax income from betting could range between R$11bn and R$13bn by the close of 2026, provided that sustained player demand supports the incremental tax increases. This represents a steady year-on-year growth from the R$9.95bn collected in 2025, rather than an exponential leap. Fuel to political fires For policymakers, this trend highlights a broader objective: to strike a balance between revenue generation and regulatory oversight as Brazil continues to refine its gambling framework amidst political discussions regarding the social implications of gambling. The Brazil Bets market is also undergoing several governance changes as it enters the spring season. In March, the PT government appointed Dario Durigan as the new Secretary of the Ministry of Finance and the Economy, following Fernando Haddad's acceptance of the PT Party's nomination to run for governor of the State of São Paulo. Concurrently, Daniele Cardoso has been confirmed as the new Secretary of the Secretariat of Prizes and Bets (SPA), the federal body responsible for regulating Brazil’s betting market, concluding months of industry speculation. Collectively, the fiscal growth and the institutional changes signify a market transitioning rapidly from its launch phase to policy consolidation, as Brazil Bets continues to develop under increased political and regulatory scrutiny. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Indonesian Online Gambling Deposits Spike After Eid Holiday for Second Consecutive Year

(AsiaGameHub) -   Officials report that Indonesian online gambling deposits are surging following the Muslim holiday of Eid al-Fitr for the second consecutive year. The alert was issued by the country's anti-money laundering body, the Financial Transaction Reports and Analysis Center (PPATK), according to Indonesian news outlet Tempo. PPATK runs an automated system that monitors transactions to detect online gambling activity in bank accounts. The agency collaborates with major Indonesian banks to freeze accounts identified as having gambling-related deposits or withdrawals. According to PPATK officials, there was a "sharp" rise in suspicious transactions potentially linked to online gambling both during and right after the Eid al-Fitr holiday. This year, Eid was observed by the Islamic world from March 19 to March 20. Inside a mosque in Central Java, Indonesia. (Image: Ed Us) Online Gambling Deposits: On the Rise The agency declined to disclose the precise magnitude of the increase, stating that official data would be released in April. Nevertheless, it noted that the figures from late March were substantially higher than those recorded in January and February. Experts informed the media outlet that increased leisure time during the holiday contributed to higher gambling activity. PPATK head Ivan Yustiavandana affirmed that "online gambling deposits generally rise following the conclusion of the holiday." "The [sharpest] upward trend usually occurs after Eid, when money circulation increases nationwide," he said. Upward Trends Statistics from 2025, when Eid occurred on March 29-30, seem to support the PPATK's assertion. In January 2025, Indonesian players placed deposits totaling IDR 2.96 trillion ($175 million) on unlawful betting sites. Deposits grew marginally to IDR 3.05 trillion ($180 million) the next month. Transaction values fell to IDR 2.59 trillion in March. However, April witnessed a 96% surge in deposits to IDR 5.08 trillion ($300 million), which then declined to IDR 2.29 trillion ($153 million) in May 2025. Gambling in all its forms is prohibited in Indonesia. Despite the prohibition, online casino applications continue to be widely used, prompting authorities to launch an extensive enforcement campaign in recent years. The enforcement actions have also generated substantial revenue for the Indonesian Treasury. Prosecutors in West Jakarta recently transferred approximately $31.3 million to government accounts following the closure of an online casino and its connected money-laundering operation. Medical professionals caution that the growing popularity of online gambling is increasingly impacting public mental health. Psychiatric units in major Indonesian urban centers report being inundated with admissions of patients battling gambling dependency. Certain regions report hospitals operating at 90% occupancy. Physicians indicate this is contributing to rising gambling-associated crime. Additionally, courts across the country have expressed concerns that addiction to unlawful casino platforms is causing divorce rates to climb. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Allwyn Extends Formula 1 Collaboration, Launches Prediction League

(AsiaGameHub) -   Lottery powerhouse Allwyn has prolonged its partnership with Formula 1. As part of this multi-year extension, the company revealed the launch of the Allwyn League within F1 Predict, enabling users to earn rewards for accurate race predictions. Allwyn initially joined forces with F1 last year and, in a press statement confirming the agreement’s extension, noted that the first year had been successful. Pavel Turek, Chief Officer of Global Partnerships at Allwyn, said, “We are excited to advance our official partnership with Formula 1 to a new stage, marking our most substantial long-term dedication to the sport to date. By continuing our collaboration, we are upholding our shared conviction in the power of Formula 1 to connect with and inspire a global audience.” Prediction League Aims to Engage Fans Allwyn is now the world’s second-largest gaming company, following a €16 billion ($18.5 billion) all-share merger with Greece’s state-authorized gambling operator OPAP last year. The company intends to utilize F1’s widespread appeal to boost its brand and has rolled out the Allwyn League on the F1 Predicts platform. Turek added, “This new phase enables us to strengthen that bond even more through the introduction of the Allwyn League fan experience, our leading partnership for the Formation Lap, and the expansion of our F1 Allwyn Global Community Award programme. We will ensure the thrill of the track provides an enriching experience for fans and a lasting positive effect for the communities we visit.” F1 Predicts lets fans predict the results of key moments during a Grand Prix weekend. The Allwyn League will offer prizes, including Grand Prix tickets, to top-performing participants. Allwyn Leaning Into Prediction Markets Allwyn mainly operates lotteries but has been branching into other gambling sectors. The company obtained a controlling interest in PrizePicks last year. Historically a DFS platform, PrizePicks secured approval from the CFTC to enter prediction markets. It then formed a partnership with Polymarket before formally launching PrizePicks Predicts in collaboration with Kalshi last November. The platform features various F1 markets, where users can predict driver performance in races. Gambling Sponsors Prominent in F1 The agreement with Allwyn is the most recent in a string of high-profile sponsorships between F1 and gambling firms. Stake has served as the primary sponsor of the Sauber team since 2024, while Williams had a prior agreement with Sportsbet.io. PokerStars was also formerly the official betting sponsor of F1. On the deal with Allwyn, F1 CCO Emily Prazer commented, “We’re pleased to be extending and enhancing our partnership with Allwyn, which benefits our fans and the communities where we hold races.  “Our collaboration with Allwyn demonstrates our shared commitment to creating a positive legacy and using innovation to deliver new fan experiences both at home and at our global events. Allwyn is a strong and valued partner to F1, contributing both to the growth of the sport and to the well-being of the people it reaches worldwide.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Formula 1 renews Allwyn partnership following 1.8 billion TV views in 2025

(AsiaGameHub) -   Formula 1 has prolonged its partnership with Allwyn via a new multi-year agreement, following a successful first season of collaboration. The sport has seen rapid global expansion in recent years, and this deal comes after a season in which it reached 827 million fans and achieved a cumulative global TV audience of 1.8 billion.  The extended partnership with the UK’s National Lottery operator focuses on boosting fan engagement through digital channels. “We’re delighted to be expanding and enhancing our partnership with Allwyn, bringing benefits to our fans and the communities where we race,” said Emily Prazer, Chief Commercial Officer, Formula 1. “Our work with Allwyn reflects our shared commitment to creating a positive legacy and using innovation to deliver new fan experiences—both for those watching from home and at our global events.  “Allwyn is a strong and valued partner to Formula 1, contributing to the growth of the sport and benefiting the people it reaches worldwide.” Trends continue for Allwyn and Formula 1 A key new element is Allwyn’s integration into the Formula 1 Predict platform, where fans can predict race outcomes during a Grand Prix weekend.  The new “Allwyn League” will offer prizes including race tickets, Paddock Club access, and exclusive memorabilia, while the company will have increased visibility during the formation lap of selected races throughout the season.  The Formula 1 Allwyn Global Community Awards programme, launched in 2025, will expand in 2026 to support up to eight organizations across host cities—doubling the number of beneficiaries from its first year. Pavel Turek, Chief Officer of Global Partnerships at Allwyn, said: “We are thrilled to take our official partnership with Formula 1 to the next level, marking our most significant long-term commitment to the sport to date.  “By continuing our collaboration, we are reaffirming our shared belief in the power of Formula 1 to reach and inspire a global audience.  “This next chapter allows us to deepen that connection further through the launch of the Allwyn League fan experience, our headline partnership of the Formation Lap, and the expansion of our Formula 1 Allwyn Global Community Award programme.  “We will ensure the excitement of the track delivers a rewarding experience for fans and a lasting positive impact for the communities we visit.” Allwyn is just one of many industry operators to have engaged with Formula 1 in recent years, having already partnered with the McLaren team.  Earlier this month, Super Group-owned Betway was announced as the first official betting operator of the sport in a multi-year partnership. Before that, the company had also launched a branding partnership with the Atlassian Williams Racing team.  This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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Russian Police Arrest Self-Improvement Guru During Raid on Illegal Casino

(AsiaGameHub) -   Russian law enforcement persists in its efforts to combat unlawful gambling establishments, as a personal development coach becomes the most recent individual charged with running a secret betting operation. Law enforcement stormed the establishment, situated in downtown Perm, detaining nine individuals, according to Russian news source Pro Perm. Mushfig Akhundov, alleged to be the ringleader who established the illicit gambling site, was among those taken into custody. A municipal court has mandated that the suspect remain in pretrial detention through May 19. Sverdlovsk District Court Judge Yana Abadzheva granted authorities' petition to detain Akhundov for "unlawfully organizing and operating gambling activities within an organized criminal group." Russian Authorities: Gambling Establishment Takedown Officers executed synchronized raids on the gambling venue, dubbed "Penthouse," along with each suspect's home. Personnel from the regional offices of the Federal Security Service (FSB) and the Investigative Committee, together with Russian National Guard troops, participated in the operations. Investigators reported seizing currency valued at 2.5 million rubles (approximately $31,000) from the locations. A spokesperson stated authorities believe the funds were acquired through "illegal operations." Akhundov, known on social media as Misha, operates within the personal development sector. He featured on the popular Russian reality television program "Success in Everything" in 2021. Mushfig Akhundov, pictured in 2020. (Photo: @akhundov91/VK) He also maintains involvement in athletics, having officiated as a judge at prominent wrestling competitions. A law enforcement representative indicated that the court granted bail to the other suspects. Authorities report that the illegal gambling operation launched in late 2023 and functioned continuously until the raid earlier this month. The operation follows closely after a prominent case in Perm, where 17 people face prosecution for allegedly managing four unlawful gambling establishments. Those gambling venues commenced operations in September 2022, with law enforcement conducting raids in December 2024. During coordinated raids on all four locations, investigators confiscated numerous computer terminals, mobile devices, and more than $12,900 in currency. Authorities' Divisive Proposal Across the nation, debate intensifies amid reports that officials are preparing to authorize internet-based gambling establishments. A prominent legislator has become the most recent figure to criticize the proposal, which originated from the Ministry of Finance. "I don't believe this initiative serves Russia's interests," State Duma deputy Yevgeny Marchenko told Russian news agency NSN. "We previously invested considerable resources to shut down casinos nationwide. Now, apparently, we're reversing that progress." "Russia currently possesses designated gambling areas capable of hosting brick-and-mortar casinos," Marchenko continued. "I believe that should be sufficient." This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

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March Madness: Texas vs. Purdue Sweet 16 Odds, Predictions, and Picks — Best Bet on OVER Tonight

(AsiaGameHub) -   The No. 11 Texas Longhorns take on the No. 2 Purdue Boilermakers in tonight's first March Madness Sweet 16 matchup. The game starts at 7:10 p.m. ET on CBS. Texas upset No. 3 Gonzaga, 74-68, to reach the Sweet 16. Purdue easily defeated Miami, 79-69. DraftKings has set Purdue as a 7.5-point favorite with a total of 147.5. We're looking at the total, with 63% of handle and 72% of tickets on the OVER at DraftKings at the time of writing. Recommended Bet Texas vs. Purdue: OVER 147.5 (-112) KenPom places the Boilermakers No. 1 in the nation in adjusted offensive efficiency. Purdue is scoring an average of 91.5 points per game in the NCAA Tournament. The Boilermakers are also a top-10 team in three-point shooting. Purdue shoots 38.8 percent, eighth-best in the country. While the Boilers excel at shooting the three, they're poor at defending it, ranking No. 173 nationally in allowing opponents to shoot 33.9% from beyond the arc. Texas is even worse at No. 253, allowing 35.1%. Expect Purdue's Fletcher Loyer to have a big game tonight. The senior guard is shooting exceptionally well from three-point range. Loyer leads Purdue in 3P% at 43.3%. Here are his last five games shooting from behind the arc: 4 of 4 vs. Miami 4 of 8 vs. Queens 3 of 4 vs. Michigan 4 of 10 vs. UCLA 4 of 9 vs. Nebraska Texas responds with guard Dailyn Swain (17.4 ppg, 7.5 rpg), who could be a difficult matchup for Purdue. Center Matas Vokietaitis (15.7 ppg, 7.2 rpg) can score effectively, and Texas also features double-digit scoring from Tramon Mark and Jordan Pope. Selection: OVER 147.5 Top Player Prop for Purdue Boilermakers Fletcher Loyer OVER 14.5 Points (+100 at FanDuel) For all of the reasons mentioned above, expect Loyer to exceed this total tonight. He's fresh off scoring 24 points against Miami. Loyer shot perfectly from the free-throw line (8 of 8), three-point line (4 of 4), and missed just one of seven field goal attempts. Jordan Pope OVER 13.5 Points (+100 at FanDuel) The Longhorns have relied on Jordan Pope's scoring during March Madness. Swain, the team's leading scorer, has been held to an average of 12.5 ppg in two tournament games. Pope made three 3-pointers against both BYU and Gonzaga. Along with Vokietaitis, he tied for the team lead with 17 points in the win over the Zags. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.