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Hong Kong to Bring Pinball and Claw Machines Under Gambling Laws

(AsiaGameHub) -   The government of Hong Kong is set to bring pinball and claw machines under the jurisdiction of its gambling laws. The Hong Kong Home and Youth Affairs Bureau has submitted a proposal to the Legislative Council, advocating for the implementation of a mandatory device licensing system. This would limit the number of arcades permitted to operate pinball and claw machines and require licensed venues to undergo regular supervisory checks. If these establishments are required to comply with Hong Kong’s Gambling Ordinance, any arcade offering prize-based entertainment games may need to obtain similar permits. Legislative Council member Kwok Fu-yung recently received numerous complaints from parents regarding pinball and claw machine centers. She noted that some businesses have opened near tutoring centers to attract young students, according to reports from China.com, a Chinese media outlet. A player uses a pinball machine in a Hong Kong arcade. (Image: @babee_channel/YouTube/Screenshot) A Pinball Craze Sweeps Through Hong Kong, Prompting Regulatory Action In 2022, the Hong Kong High Court ruled that ordinary claw machines do not qualify as "entertainment devices" under current law and therefore do not require special permits. However, despite increased scrutiny and enforcement across Asia on claw machine centers, Hong Kong has seen a surge in popularity of pinball machines, prompting regulatory intervention. While many claw machine arcades across Hong Kong report low customer traffic, pinball arcades are increasingly appearing in shopping malls—particularly those located near schools. After school hours, these pinball centers are often filled with young patrons wearing school uniforms, according to the media outlet. Many popular pinball machines in Hong Kong award points to players who successfully land balls in designated holes. These points can be redeemed for prizes such as figurines, game consoles, and even high-end mobile phones. Tang Ka-piu, Chairman of the Legislative Council’s Committee on Home Affairs, Culture and Sports, described the existing regulatory framework as overly "lenient." He pointed out that current rules allow centers to bypass age verification and impose no restrictions on operating hours. Wider Crackdown on Claw Machines Across Asia Tang explained that the proposed measures aim to balance support for local businesses with public concerns about the machines' potential impact. The bureau emphasized its commitment to preventing what it calls "hidden gambling" and protecting young people from developing gambling addictions. Last year, Thailand reclassified claw machines as "gambling equipment," warning that unlicensed operators could face up to two years in prison. Similarly, South Korea—which had nearly 6,000 unstaffed claw machine centers as of August last year—has seen the number of such establishments grow by over 15% in just two years. South Korean high school students have told media they view the machines as a form of gambling, with some admitting to losing more than $100 in just 30 minutes at unstaffed centers. 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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Japanese Governor Proposes Casino-Resort to Establish New International Tourism Hub

(AsiaGameHub) -   The governor of Japan’s Aichi Prefecture has announced plans to build a major integrated casino-resort (IR) on an artificial island in hopes of establishing an international tourism hub. However, the chances of success may be slim. According to the Japanese newspaper Mainichi Shimbun, Aichi Governor Hideaki Omura stated that the resort would serve as an “international tourism hub.” The proposed site is located adjacent to Chubu Centrair International Airport, near the city of Nagoya. Chubu operates flights to various Asian destinations, including Beijing, Seoul, Taipei, Manila, Hong Kong, Bangkok, and Shanghai. Japanese Governor’s IR Dream As the gambling market in Asia continues to expand, Tokyo has identified the IR sector as a key growth driver for the future. The central government intends to approve three IR projects nationwide, with provinces required to submit their applications by the end of 2027. However, opposition from local residents and anti-gambling advocates has led to a slow response. So far, Tokyo has approved only one IR project: MGM Osaka, scheduled to open in 2030. Aichi had initially considered submitting a bid in 2019 but suspended its efforts due to the coronavirus pandemic. This year, however, Omura and his administration decided to revive the plan. Last month, the prefecture set a July 31 deadline for potential operators to submit bids. Aichi aims to select a preferred operator between autumn 2026 and spring 2027. Mainichi reported that since April, Aichi officials have been reviewing proposals from several operators. A popular tourist attraction in Nagoya, Japan. (Image: Goh Win Nie) Why Does Aichi Want to Build a Casino-Resort? Omura’s initiative is reportedly driven by three main factors. First, no other regions besides Osaka have submitted proposals, meaning that if Aichi develops a strong plan before next year, it could face little resistance in gaining approval. Second, attracting international tourists is a significant incentive for Aichi. The prefecture receives fewer foreign visitors compared to other major cities in Japan. An increase in tourism, Omura believes, could help revitalize the local economy, which has suffered from population decline in recent years. Lastly, Aichi is seeking stable funding sources. Officials expect revenue from the IR to provide substantial financial support, which could be used to develop medical and welfare policies. Nevertheless, success remains uncertain, according to the newspaper. Experts predict prolonged increases in construction materials and costs due to the “unstable international situation.” This, along with other factors, has contributed to a “significant rise” in expenses related to Osaka’s IR project, they say. Therefore, concerns persist within Aichi about whether reputable domestic or overseas businesses will be willing to undertake the “enormous initial investment” required to build an IR in the region. 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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CFTC Collaborates With MLB and Major US Sports Leagues to Combat Prediction Market Insider Trading

(AsiaGameHub) -   The Commodity Futures Trading Commission (CFTC), a leading U.S. financial regulator, announced its collaboration with Major League Baseball and other major sports leagues to combat insider trading in prediction markets. The agency pledged to partner with sports organizations to identify suspicious trading activities and take action against attempts to manipulate sports-related contracts on platforms such as Kalshi and Polymarket. The CFTC has already established a memorandum of understanding with MLB, according to the agency’s chairman Michael Selig. Selig made the announcement during this year’s Financial Industry Regulatory Authority conference, as reported by CoinDesk. “We are currently engaged in discussions with all professional sports leagues,” Selig added. Selig also rejected claims that sports prediction markets were merely a modern version of casino gambling. “These are distinct products governed by parallel regulatory frameworks,” he stated. CFTC: Insider Trading Will Be Prosecuted Selig has been vocal about regulating prediction markets. Earlier this month, he responded publicly to critics in a letter to the Wall Street Journal, refuting allegations that insider trading is widespread on these platforms. “Claims that our insider trading rules are less defined than others are entirely false,” he wrote. “The CFTC remains a vigilant overseer of prediction markets.” He cautioned that efforts to “drive regulation out” could push prediction markets offshore, where they would operate without oversight or standards. “These markets deliver substantial benefits to individuals, businesses, and the broader economy,” Selig emphasized. “We are committed to maintaining their integrity and supporting their growth.” His remarks followed an op-ed in the Wall Street Journal that characterized prediction market contracts as “old-fashioned betting.” The article noted that approximately 90% of activity on Kalshi is related to sports. An MLB game held at Bristol Motor Speedway in Tennessee. (Image: Brycenrichter) Regulator Set to Clash With States The CFTC is preparing for conflict with state governments. Lawmakers across several U.S. states continue advancing legislation aimed at banning prediction markets. Earlier this month, Minnesota legislators approved a bill prohibiting various forms of prediction market activity, including those tied to sports. Additionally, multiple tribes in New Mexico have filed a lawsuit against Kalshi, alleging the platform violates Indian gaming law by offering illegal gambling services. Nevada has taken even stronger measures: in March, the state successfully obtained a court order that temporarily halted Kalshi’s operations in Nevada. This ban was upheld and extended by a Nevada court last month. The CFTC has signaled it will challenge states attempting similar restrictions. Selig warned that the agency would pursue legal action against any state seeking to ban prediction markets without federal approval. “Under the Commodity Exchange Act, the CFTC holds exclusive jurisdiction over prediction markets,” Selig wrote. “While some may express skepticism toward innovative financial instruments, we remain steadfast in defending our authority and protecting it.” The Long-Term Outlook Last year, gaming consultancy Eilers & Krejcik projected that sports contracts would represent 44% of total volume on prediction markets over the long term. The firm also forecasted that annual trading volumes could reach $1 trillion by the end of 2029. Earlier this week, the New York Times reported that 80 accounts on Polymarket had exhibited suspicious betting behavior over the past two years. The newspaper noted that these account holders had profited significantly from “dozens” of longshot bets, earning hundreds of thousands of dollars in cryptocurrency. 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 harms levy remains uncertain as NHS England’s planned abolition continues despite government instability

(AsiaGameHub) -   The British government is moving forward with plans to abolish NHS England, one of three administrative bodies responsible for overseeing funds generated from the statutory levy on gambling harms. Yesterday, King Charles III delivered his annual speech outlining the Labour government’s legislative priorities for the remainder of the year. Among the bills announced was the NHS Modernisation Bill, which is expected to be introduced in the near future. If enacted, the bill will dissolve NHS England—a body within the Department of Health and Social Care established by the previous Conservative administration to manage the planning, budgeting, and delivery of NHS services across English regions and local authorities. The decision to scrap NHS England is not new; Keir Starmer’s government first proposed this move over a year ago, aiming to restructure the UK’s health system under a more streamlined framework designed to tackle pressing national health needs and regional inequalities. Under the new plan, the Labour government intends to replace NHS England with Integrated Care Boards (ICBs) to oversee regional commissioning arrangements. This broader reform of the NHS has coincided with the implementation of the statutory levy and a comprehensive overhaul of how problem gambling harms are addressed in the UK. Since April 2025, responsibility for these efforts has been shared between NHS England, the Office of Health Improvement and Disparity (OHID), and UK Research and Innovation (UKRI). For what was once a well-established network tackling gambling harms—and especially for the charitable organisations in England that provide treatment funding to those affected—the abolition of NHS England has left several critical questions unanswered. Drama surrounding the levy Previously, GambleAware served as the primary commissioner for gambling research, education, and treatment (RET), managing the allocation and distribution of its finances. The organisation had long advocated for replacing the voluntary system with a mandatory one. However, it became a casualty of the new structure, as the government opted instead to designate NHS England, UKRI, and OHID as the commissioners of levy funds. GambleAware subsequently ceased operations in March 2026. While various organisations—including those in NHS Scotland and Wales, along with OHID—have outlined their intended use of the funds, NHS England has not yet done so. It remains likely that the responsibilities for administering the levy will fall to the newly established ICBs and regional commissioning bodies, but without clear funding commitments, stakeholders are left awaiting clarification. Nevertheless, not all responses have been negative. GamCare, which operates the UK’s national gambling helpline, has stated it will collaborate with the government throughout this transition in NHS governance. The organisation has already received £4 million in funding from OHID’s inaugural round of allocations. Victoria Corbishley, Chief Executive of GamCare, commented: “We recognise the Government’s ambition to modernise health commissioning and bring decision-making closer to local communities. “For people affected by gambling harms, ensuring continuity of access to support during any period of structural change will be vital. The initial phase of levy-funded commissioning has provided valuable insights into how services can be effectively coordinated and commissioned within a complex system. “As one of the largest providers in the sector, offering services ranging from helplines and treatment to outreach and prevention, we possess direct experience of what functions well and where improvements are needed.” Work continues… Despite the ongoing debate around NHS England’s dissolution, the other two levy-commissioning bodies remain active. Today, UKRI announced it has allocated funding to establish the UK’s largest dedicated research centre focused on gambling harms. The Gambling Harms Research UK Evidence Centre will foster collaboration among government agencies, healthcare providers, charities, and individuals with lived experience of gambling-related issues. Research will be led by the Universities of Glasgow, Sheffield, Swansea, and King’s College London, focusing on policy development, clinical practice, and public understanding. Notably, Glasgow and Sheffield universities are frequently cited for their research into gambling’s societal impacts. “Gambling harms can devastate individuals, families, and communities,” said Christopher Smith, Executive Chair of the Arts and Humanities Research Council. “This new independent Evidence Centre represents a significant step toward building a robust, high-quality research foundation to guide better policies, prevention strategies, and treatments across the UK. “Through the Gambling Levy, UKRI is helping to create a sustainable, credible, and independent research capability on gambling harms, grounded in research integrity and public benefit.” NHS at the centre of Labour’s agenda Despite these developments, the government’s timetable may face delays. As of publication, ministers appear preoccupied with internal challenges, particularly following a significant defeat in last week’s local elections that sparked unrest among backbench MPs. Notably, the main challenger to Prime Minister Keir Starmer at present is Wes Streeting—who, as Health Secretary, has overseen the planned dismantling of NHS England. According to some observers, this process has encountered difficulties, much like other major government initiatives. Yet for funding commissioners and beneficiary charities, the situation remains fluid. GamCare’s Victoria Corbishley added: “With further commissioning decisions anticipated before April 2027, we believe there is an important opportunity to review the early rollout of the levy and ensure the next phase is built on the strongest possible foundations. “We would welcome the chance to contribute our frontline experience and expertise to that process.” Want to hear more stories like this? Check out the new SBC Media YouTube Channel, the new home of all things multimedia at SBC, where our team deep-dives into the biggest stories from across the sports betting, iGaming, affiliate and payments industries. 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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Super Group appoints new COO during leadership shake-up

(AsiaGameHub) -   Super Group—parent company of global brands Betway and Spin—has elevated senior executive Kirsty Ross to the role of Chief Operating Officer.  Ross takes over the COO position from Jason Kenny, who held the role since late 2024. It remains unclear what role Kenny will assume next, as he is no longer listed as a member of Super Group’s Executive Team.  The new COO has been with Super Group since October 2023, having previously served in other C-level roles including Chief People Officer and Chief of Staff.  Currently based in the UK, she previously held multiple positions in South Africa’s financial sector, including stints at the country’s Investec and Bank of America operations.  “I’m excited to announce that I’ve taken on the role of Chief Operating Officer at Super Group,” Ross stated in a LinkedIn post.  “Over the past couple of years, I’ve had the chance to collaborate closely with teams across the business, supporting our leaders, enhancing operational processes, and bridging the gap between strategy and execution. I’m eager to build on the solid foundations already in place.  “Super Group is a company driven by talented people, clear goals, and a global perspective. In this role, my focus will be on empowering our teams to operate efficiently, scale sustainably, and meet our long-term priorities.  “Thank you to my colleagues for their support, trust, and ongoing collaboration. I’m looking forward to what the future holds.”  Kirsty Ross. Credit: LinkedIn Super Group gears up for a strong 2026 The leadership changes coincide with Super Group’s Q1 results announcement, which revealed increases in revenue, profit, and adjusted EBITDA—coming in at $612m (£452.3m), $86m, and $152m respectively.  In percentage terms, these metrics rose by 18%, 31%, and 26% respectively.  The Guernsey-headquartered firm uniquely split its results update into two segments: Africa (its largest market) and the rest of the world.  Despite the challenges facing many iGaming businesses right now, Super Group has shown resilience, and its leadership remains optimistic in the early part of 2026. Ross is one of several recent changes within the organization.  Neil Menashe, Chief Executive Officer of Super Group, commented during the company’s investor call: “We’re seeing significant efficiency gains right now. We’ve brought on Justin Stock—who previously served as our external counsel and helped guide the business to its current state—as our Head of Commercial and M&A.  “We have an excellent team at the C-suite level of Super Group, and throughout the rest of our organization, we have truly talented people.  “With our International and Africa segments, we’re strengthening these areas, but to grow and sustain that growth, it’s all about our people, our platforms, and the technology we use.  “We need top-tier talent to help us make these critical decisions—and that’s exactly what we’ve been doing so far, and now we’re taking this to the next level.”  Interested in more stories like this? Check out the new SBC Media YouTube Channel—the new home for all multimedia content at SBC—where our team deep-dives into the biggest stories across the sports betting, iGaming, affiliate, and payments industries. 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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DATA.BET: eFootball World Cup overtaken as the premier esports event

(AsiaGameHub) -   Global interest in esports betting is expanding rapidly, according to DATA.BET, a leading sportsbook solutions provider focused on this sector. DATA.BET anticipates that the overlap between gaming and betting audiences will continue to grow through 2026, largely due to rising demand for esports—a trend further supported by the firm’s latest data. The company has reported increased player engagement during Q1 2026, particularly on its own platform, with total placed bets rising by 33.2% and combo bets surging by 72.1%. This shift reflects users adopting more advanced betting strategies, though DATA.BET attributes part of the combo bet increase to enhancements in user experience, especially improvements to its Single Page Application iFrame. “High margin efficiency has been a major driver this quarter,” stated Bohdan Holovnov, Head of Esports at DATA.BET. “Partners are increasingly recognizing that esports can deliver significant commercial value, prompting them to expand promotional efforts and attract greater traffic to the vertical. “This directly translates into more new users, higher turnover, and improved margins. At the same time, we maintain the most comprehensive coverage of matches and disciplines available, which is also evident in the swift growth of combo bets across our partner networks.” Traditional bookmakers worldwide are naturally preparing for the World Cup. However, the situation appears different in the esports space, where DATA.BET identifies Rocket League as the most promising discipline for betting—surpassing the FIFAe World Cup, which it acknowledges as typically being the year’s flagship event. Rocket League experienced a quarter-over-quarter turnover increase of 85.3%, alongside an 18.7% rise in bet coins and a 50.1% uptick in active players. The platform also boasts a 94% live coverage conversion rate. Additionally, DATA.BET found that top-tier esports events consistently outperform lower-tier events in terms of turnover, profit, and number of bets, although the volume of low-tier events continues to climb—particularly in CS2. Want to hear more stories like this? Check out the new SBC Media YouTube Channel, the new home of all things multimedia at SBC, where our team provides in-depth analysis of major developments across the sports betting, iGaming, affiliate, and payments industries. 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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UFC Secures Prediction Market Deals; Dana White Asks President to Shield Gambling Industry

(AsiaGameHub) -   The UFC is forging more sponsorship agreements with prediction markets, while Dana White claims President Donald Trump is failing traditional sports betting. Coinciding with Kalshi's announcement of a deal with Nate Diaz, White dispatched a letter to Trump pressing the President to reverse tax modifications affecting gamblers. Kalshi stated its arrangement with Diaz covers sponsorship of his fight shorts, billboards, and a joint social media campaign. Diaz is slated to display Kalshi branding during his comeback fight against Mike Perry this weekend. Kalshi Deal Follows UFC-Polymarket Collaboration This Kalshi-Diaz partnership comes after the UFC declared last November that competing platform Polymarket had become its “Official and Exclusive Prediction Market Partner.” “Kalshi stepped up and showed love and support for me for this fight and my brand overall,” Diaz commented. “It’s good to be in business with them.” “Nate Diaz ranks among the most genuine and fearless competitors in sports,” stated Valeria Vouterakou, counsel at Kalshi. “He is precisely the type of representative we want for our brand.” Prediction markets are securing a growing number of partnerships with sports leagues, teams, and athletes. Beyond the UFC, these firms have allied with MLS, NHL, FIFA, MLB, and, most recently, LIV Golf. UFC Relies on Betting, Says White In his letter to Trump, White asserted that betting is vital to the UFC's survival, notwithstanding several prominent betting controversies. White is urging the President to repeal the gambling tax adjustment enacted as part of Trump’s One Big Beautiful Bill Act last year. The new regulations permit bettors to offset just 90% of their losses against their winnings before being taxed on the balance. While some legislators have pushed to overturn the rule, Trump has hesitated to endorse a rollback. White argued the new policy endangers Trump's “no tax on tips” stance because “gamblers will probably be less generous, if they wager at all.” He further stated the change “renders betting in the United States illogical, as you might owe taxes despite losing or face a tax bill higher than your annual winnings.” “The UFC backs a robust, legal sports betting market to boost fan engagement, broadcast value, and sponsorships,” White wrote in the letter, which was noted by prediction markets analyst Dustin Gouker. “Discouraging legal betting damages the ecosystem we have built over years alongside state regulators and licensed operators. It also weakens the transparency and integrity safeguards that legal betting offers professional sports,” White said. Betting Scandals & Rule Change Impact UFC The UFC has recently experienced a drop in betting volume, potentially due to the tax change or recent betting scandals. “We’ve observed a recent decline in the handle and betting activity for the UFC,” noted Borgata Race & Sportsbook Director Thomas Gable. “It’s probably a mix of factors, with integrity concerns being one of them.” Worries about unusual betting patterns re-emerged around the Sean Brady vs. Joaquin Buckley bout at UFC 328 on Saturday. Pre-fight odds shifted significantly to establish Buckley as the favorite, even though he was the underdog beforehand. However, unlike recent matches featuring Isaac Dulgarian and Michael Johnson, the Brady fight proceeded as scheduled. The heavy betting on Buckley was misleading, as he lost decisively. Tax Change Could Strengthen Prediction Markets Although detractors of prediction markets contend they heighten risks of match-fixing and insider trading, the UFC seems untroubled, as it and fighters like Diaz partner with these operators. The tax hike does not affect profits from prediction markets, since they are not formally classified as gambling. White worries the tax amendment will deter bettors from wagering on the UFC or drive them toward unregulated sites. It may also push gamblers toward prediction markets. Under current rules, if you gained $5,000 on a prediction market and lost $5,000, your tax liability would be $0 because you can net the amounts as capital losses. Performing the same activity at a sportsbook would leave you taxed on $500 (the 10% of losses now non-deductible). A recent survey indicates that bettors still favor sportsbooks, citing DraftKings' overall wagering experience as making it the top platform. This preference may shift, however, as Kalshi increases its sports advertising through sponsorships like the one with Diaz. 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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Burr Ridge Mayor Backs Al Capone-Connected Restaurant Owner Amid Illegal Gambling Indictment

(AsiaGameHub) -   The Mayor of Burr Ridge, Illinois, Gary Grasso, has defended the indicted restaurant owner of Capri Filippo “Gigi” Rovito, Jr. Rovito is one of 22 named in an illegal gambling ring accused of operating a betting business and extorting individuals with gambling debts. The 52-year-old was charged with four counts of extortion last month. According to the indictment, he attempted to collect gambling debts from an unnamed victim. Prosecutors say James Gerodemos, the alleged ringleader of the group, promised Gigi half of the victim’s $30,000 debt if he could successfully collect the money. “FILIPPO ROVITO said he was going to knock VICTIM 2’s lights out and shove his head into a machine,” states the indictment. Mayor Has Dish Named After Him At “Nuts” Rovito’s Restaurant Mayor Grasso has a dish named after him at Capri, Linguini alla Mayor Grasso. He said he frequently dines there with his wife and defended Rovito’s right to continue operating the business. “To my knowledge, there is no specific allegation that Gigi actually threatened or physically harmed anyone,” the Mayor wrote in a letter to the people of Burr Ridge. “There is hearsay about it though. The allegation, so far, as to Gigi is that he is part of this illegal gambling activity in Indiana (not acceptable if true) and that ‘someone said that Gigi said’ he would harm the gambler for not paying his debt.” The indictment states that Gerodemos described Rovito as “nuts.” As the Mayor notes in his letter, Rovito is a convicted double-felon. In 1997, he was sentenced to six years in prison for the sexual assault of a 14-year-old, which added to a six-year sentence for delivery of a controlled substance. Usually, convicted felons are not granted liquor licenses in Illinois, but the Mayor made an exception in Rovito’s case. He claims he “met the standards for rehabilitation under state law.” The license has caused controversy and led to a confrontation at the restaurant. Burr Ridge Village Trustee Zach Mottl, a political rival of Grasso, allegedly questioned how Rovito could gain a license as a convicted felon. “How does a felon get a liquor license?” Mottl said, according to a police report. Rovito responded, “You need an ass beating.” Mayor and Rovito Have Longstanding Ties The Mayor, a qualified attorney, also wrote in his letter that he has defended Rovito in two previous lawsuits against the restaurateur. “Yes, I also represented Gigi in two civil lawsuits where I thought he was wronged; and did so successfully because he was not responsible. It’s still America, isn’t it?” the Mayor wrote. Rovito contributed $5,000 to Grasso’s ill-fated campaign for attorney general in 2018. Grasso returned the money after the contribution became controversial. In 2022, a complaint was filed with the FEC alleging that Rovito had funneled illegal “straw donor” contributions to Grasso’s congressional campaign. The complaint alleged Rovito used his wife and employees to make $11,600 in maximum-limit contributions. The case was later dismissed for lack of evidence. Rovito Allegedly Part of Al Capone Mafia Group Rovito has embraced alleged ties to the mafia and has built a following of over 250,000 on social media. A recent Instagram post shows him with Sopranos actor Joseph R. Gannascoli. Filippo ‘Gigi’ Rovito (right) Img: @capribygigi on Instagram Alongside Linguini alla Mayor Grasso, Capri’s menu also features Wise Guy Meatballs and Chicken “Forget About It.” An article in the Gangster Report last year names Rovito as an alleged member of the Cicero Crew, the Chicago-based criminal organization started by Al Capone. Capri Restaurant was allegedly the scene of a gang fight between the Cicero Crew and Latin Kings in March last year. The report does not say Rovito was involved in the fight, and it is unclear if it is connected to the indictment unsealed last month. Federal court records also show Rovito was allegedly paid to administer a “thorough beating” to a used car dealer who defaulted on a private loan in 2013. Records show Michael “Mickey” Davis gave Rovito a $5,000 down payment for the beating, ultimately promising a total of “10,000 clams.” The FBI then intervened before the debtor was physically harmed, and Rovito was not charged in the case. In the illegal gambling case, Rovito has been released on a $1 million bond. “For now, he is out on bond and presumed innocent until otherwise proved,” stressed Mayor Grasso. Gerodemos remains in police custody as the investigation continues, while his brother, Chris, has also been released on a $1 million bond. The group allegedly made $5 million in proceeds from their illegal gambling 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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Less than 3% of Belgians display risky gambling behavior despite high exposure to ads, says Sciensano

(AsiaGameHub) -   Sciensano indicates that risky gambling habits in Belgium have stayed consistent over the last five years, even as over half of the population is still exposed to gambling advertisements weekly. The most recent Health Survey from the Belgian public health institute reveals that 2.6% of Belgian gamblers currently exhibit risky behaviour, with 0.6% identified as being at high risk for problematic gambling. Concurrently, the survey discovered that 52.2% of Belgians encounter at least one type of gambling advertisement each week through television, websites, or social media platforms. The study further emphasized the ongoing prevalence of lottery products in the Belgian market, as nine out of every ten Belgian players engage in lottery games. Gambling sponsorship exposure seems more varied. Approximately one in ten Belgians reported regular exposure to sponsorship, whereas four in ten indicated they observed minimal or no gambling sponsorship whatsoever. Additionally, the Sciensano survey determined that men and younger age groups consistently reported greater advertising exposure compared to women and older demographics, mirroring wider global patterns associated with digital platform use and online ad reach. Sciensano report comes after stringent Belgian measures This report also follows a tumultuous period for regulation in Belgium, beginning with a comprehensive advertising ban proposed in 2023 and enacted the following year. A significant change in 2024 involved increasing the legal gambling age from 18 to 21, and gambling sponsorship exposure might have decreased due to the prohibition on sports sponsorship, effective from early 2025. Sciensano states that television, sports coverage (presumably international), and social media influencers continue to be key sponsorship points for Belgian consumers. Within the existing framework, licensed private gambling operators are forbidden from advertising through television, radio, newspapers, magazines, and social media, along with direct communication methods such as email, post, and SMS. Only a few exceptions are still allowed, such as communication within physical gambling establishments, on operators' dedicated websites, and under specific circumstances via targeted search engine advertising. Nevertheless, the report also pointed out what it termed "blind spots" within the Belgian regulatory structure. The National Lottery largely operates outside Belgium’s Gambling Act, even though it represents the vast majority of player involvement. Consequently, lottery advertising is still widely allowed across television, radio, and social media platforms. The report further noted the ongoing existence of the illegal online gambling market, which largely evades the practical scope of Belgian advertising limitations. A familiar challenge… This appears to be a worldwide issue that regulators are finding difficult to manage – a situation many will recognize. Unlicensed operators are reportedly still targeting Belgian consumers via social media, affiliate platforms, influencers, and other digital channels, bypassing requirements for age verification, EPIS exclusion systems, deposit limits, or player protection. The Belgian Association of Gaming Operators (BAGO) stated that these findings emphasize the necessity for a more consistent and enforcement-driven gambling policy. “Exposure to gambling advertising and sponsorship continues to be a genuine societal issue, yet it no longer stems solely from licensed private operators,” the trade association commented. “It is also impacted by entities that are exempt from the ban, operate under temporary regulations, or neglect to adhere to the rules.” The association suggested that effective policy should instead concentrate on three key priorities: more robust enforcement against illegal operators; consistent advertising regulations for all gambling products; and preserving the distinctiveness of licensed gambling offerings. 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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Tipico makes German streaming terms for World Cup 2026 clear

(AsiaGameHub) -   Tipico Sportwetten has confirmed its position as the sole licensed sports betting operator authorized to stream every match of the FIFA World Cup 2026 to viewers in Germany. This morning, Tipico released an update to clarify its streaming privileges, noting: “From June 11 to July 19, when the World Cup captures the attention of fans around the globe.” “Tipico will offer an elevated live experience for its clients: exclusively for eligible users, the leader in Germany’s sports betting sector will stream World Cup matches, standing as the nation’s first and only sports betting provider to do so. “Eligible Tipico users can view every match via tipico.de and the Tipico Sports Betting application.” Earlier in May, the betting group for the DACH region revealed plans to stream all 104 matches of the 2026 World Cup to eligible customers in Germany. While not officially confirmed, it is probable that Tipico secured the exclusive streaming package for betting operators from Stats Perform, FIFA’s inaugural official distributor for betting data and streaming rights. Tipico’s initial declaration faced scrutiny from German media outlets. Reports suggest that both Deutsch Telekom and FIFA were taken by surprise, leading to the temporary removal of promotional materials regarding the World Cup streaming service from the operator’s site. At that point, Deutsch Telekom emphasized that it retains exclusive ownership of Germany’s primary broadcasting rights for the FIFA World Cup 2026 via MagentaTV, having also sublicensed specific matches to public broadcasters ARD and ZDF. Deutsch Telekom stood firmly behind MagentaTV as the premier platform for World Cup coverage, asserting that “Anyone who truly wants to experience the World Cup cannot bypass Magenta.TV.” Nevertheless, the broadcaster called upon FIFA or Tipico to offer clearer explanations to German viewers concerning the specific nature and constraints of the sportsbook streaming offering. Tipico emphasizes streaming is exclusively for betting In response to the criticism, Tipico has taken steps to explicitly outline the scope and technical boundaries of its product, highlighting that the service is intended strictly as a betting-streaming feature, not a replacement for high-quality television broadcasts. The operator specified that streams will be accessible solely to verified customers in Germany who hold a positive account balance or have placed a bet within the last 24 hours. Additionally, the streaming interface will be subject to strict display limitations, occupying only one-third of the screen on desktops and tablets, or one-half on smartphones. Tipico further stressed the operational separation between the livestream and the sportsbook environments – “The live streaming and the sports betting product are clearly separated. In order to see Tipico’s product, the user needs to actively leave the streaming screen, and the service will stop once the product page is shown.” In its updated communication, the operator also recognized Telekom’s stance, noting that the betting-stream product differs significantly from full television broadcasts in terms of both technical quality and presentation. “Please also note, Telekom Deutschland GmbH is the sole holder of the TV broadcasting rights for the FIFA World Cup 2026 in Germany and has granted a sub-licence for selected matches on free-to-air TV to the public broadcasters ARD and ZDF. Tipico highlights that its World Cup streams mark a major upgrade to its engagement services, expressing pride in being the first licensed German bookmaker to offer such content through its digital channels. FIFA has reaffirmed its agreement with Stats Perform as the exclusive distributor of betting-streams and data rights to licensed bookmakers, a collaboration encompassing the 2026 FIFA World Cup, the 2027 FIFA Women’s World Cup, and numerous FIFA youth and futsal tournaments through 2029. 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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UK black market taskforce may still be granted enforcement powers

(AsiaGameHub) -   The Department for Culture, Media and Sport (DCMS) has released new details on the remit of the UK’s Illegal Gambling Taskforce, five months after its creation. Back in January, Gambling Minister Baroness Twycross made a landmark announcement that the government has set up a specialised unit to wage war on the black market in the UK. Not much else was known about the operations of this taskforce, until now. Three key objectives Those assigned to the taskforce will work towards lessening the influence of illegal gambling by tackling three distinctive objectives – preventing payments from and to black market operators, taking down offshore online marketing, and enhancing cross-agency enforcement to crack down on illegal remote and land-based gambling. All three objectives will be handled by a separate Taskforce sub-group, which will assess the progress made and propose follow-up amendments. Enforcement powers still on the cards The DCMS added that from the outset, the Taskforce and its sub-groups will not hold any power to direct or intervene in the work of the UK Gambling Commission (GC), although this could evolve with time as new priorities and challenges are identified, and any intended change is first agreed among all members. Structure of the taskforce Members of the Taskforce will include gambling industry stakeholders, policy experts, tech and fintech providers, GC and other government officials, and trade body representatives. It will be chaired by Baroness Twycross, while Ben Dean, DCMS Director for Sport and Gambling, has been named as Co-Chair.   Duration of the taskforce’s remit will span across 12 months, at the end of which members will take a decision whether to renew it. Taskforce operatives will conduct biannual meetings, while sub-groups ‘are recommended’ to convene on a quarterly basis.  Meetings will be conducted under Chatham House rules, where sources of information will remain anonymous. Work planning and administrative duties will be handled by DCMS officials acting as the Taskforce Secretariat, which will be responsible for arranging meetings, circulating papers, and coordinating taskforce-sanctioned actions. The taskforce comes at a time of prolific global expansion for the black market, with market analyst firm Gaming Compliance International revealing that illegal gambling operators are now attracting a combined $5.9trn (£4.36trn) in unregulated wagers – higher than the GDP of almost any country in the world. The GC, meanwhile, is also stepping up activities against illegal gambling, backed by an additional £26m in funding – which will in turn be backed by the UK”s new gambling tax framework. Just last week the regulator put out a job advert for a new Head of Illegal Markets. 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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ANJ Enhances Measures to Combat Gambling Harm, But Algorithm Reveals £1bn Wasted by Problem Gamblers

(AsiaGameHub) -   The Autorité Nationale des Jeux (ANJ), France’s gambling regulator, has introduced a new algorithm to estimate problem gambling activity nationwide – with early results raising significant concerns. Initial findings show that players classified as high-risk account for 60% of total operator gross gaming revenue (GGR), a proportion the ANJ labelled “concerning.” The regulator has highlighted a dual rising trend: both the number of problem gamblers and their share of operator revenues are increasing. According to the ANJ, the algorithm detected around 600,000 individuals with a high likelihood of excessive gambling during the second half of 2025. This figure represents 8.7% of the total online account-based gambling population across licensed operators, including those holding accounts with FDJ United and Pari-Mutuel Urbain (PMU)—two of France’s largest gambling operators. Of these 600,000 players, approximately 300,000 were deemed “manifestly excessive” gamblers, whose identification by operators the ANJ considers essential. The regulator also disclosed that these high-risk players contributed roughly €1.2bn (£1.03bn) in GGR, making up 60% of total online gambling revenue. The ANJ noted this share has been steadily climbing since 2023. In light of these findings, the ANJ concluded that operators’ current measures to detect and assist excessive gamblers remain inadequate. World Cup concern? The regulator is also preparing for potential challenges ahead of this summer’s 2026 FIFA World Cup—an event for which it has already cautioned gambling firms against deploying overly aggressive marketing tactics. Adding to these concerns, a 2024 French study found that 15.3% of sports bettors are currently classified as problem gamblers. The new algorithm is a key component of the ANJ’s 2024–2026 strategic plan, which prioritises reducing excessive and pathological gambling as a core objective of French gambling regulation. Under French law, operators must identify and support problem gamblers through actions such as direct player interventions, setting gambling limits, monitoring accounts, referring users to support services, and, where necessary, closing accounts. Efforts in this area have intensified recently, including the launch of a redesigned national self-exclusion register aimed at mitigating gambling-related harm. While the ANJ recognised some progress in operator performance—with the number of identified excessive gamblers rising from 31,000 in 2024 to 89,000 in 2025—it stressed that these numbers remain far below expectations, given the size of the player base and existing prevalence data. To address this gap, the ANJ developed the algorithm using continuous player account data provided by licensed operators, combined with scientific research on gambling behaviour. ANJ’s algorithm to categorise players The system assesses players based on 23 indicators and risk factors related to financial activity, gambling frequency, use of moderation tools, and player history. Using these criteria, players are grouped into four categories: recreational players moderate-risk players excessive players manifestly excessive players The ANJ stated that the algorithm’s accuracy was validated against the Canadian Problem Gambling Index, under the oversight of a scientific committee composed of leading researchers. Although comparable initiatives are under development in countries such as Spain and the Netherlands, the ANJ said its model is currently the only operational tool of its kind in Europe. Operators may use the algorithm voluntarily in conjunction with their own internal monitoring systems. However, the ANJ made clear it expects swift improvements in detection capabilities, especially concerning the 300,000 players identified as manifestly excessive. Isabelle Falque-Pierrotin, President of the ANJ, said: “The completion of this algorithm and its release to operators marks a pivotal moment for the regulator. It showcases our capacity to create an innovative and effective tool designed to accurately reflect real-world online gambling behaviours. “In addition to existing surveys, the algorithm enables a more objective evaluation of operators’ efforts to identify problem gamblers—efforts that must continue without delay. “It is also crucial that this identification process extends to physical points of sale, a goal we have consistently urged the two monopolies to pursue since 2024.” 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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SBC, IAGR & IMGL Launch Three-Year Regulatory Education Initiative

(AsiaGameHub) -   SBC Events is set to increase its emphasis on regulation starting in 2026, following the signing of a three-way agreement with the International Association of Gaming Regulators (IAGR) and the International Masters of Gaming Law (IMGL). This agreement establishes a three-year collaboration among the three organizations to deliver regulatory education in the igaming sector through SBC's various events and media platforms. IAGR stands as the foremost global body for gaming regulators, managed solely by regulatory authorities. SBC operates as a worldwide entity offering international events, media, and content to the global gaming industry. IMGL represents the premier global network of expert lawyers, regulators, and professional advisors within the gaming industry. The purpose of this agreement is to improve regulatory education, foster international cooperation, and facilitate knowledge sharing via conferences, events, and associated content projects. The involved parties plan to work together on creating educational materials such as interviews, commentary, podcasts, and publications focused on regulatory matters. IAGR President Ben Haden stated: “A crucial opportunity for global gambling regulators involves consistently engaging with all segments of the international industry to educate businesses on evolving rules and laws within our sector and to exchange perspectives. This cooperative partnership with SBC and IMGL will significantly streamline communication among stakeholders and enable us to elevate standards.” IMGL President Marc Dunbar further commented, “This collaboration is ideal for ensuring the industry remains informed about permissible and impermissible activities across global jurisdictions. The combined strength of IMGL’s network of igaming lawyers, IAGR’s regulator members, and SBC’s industry reach and comprehensive content offerings provides an effective means to keep the industry updated on recent developments.” SBC Founder & CEO Rasmus Sojmark remarked: “Regulation has become increasingly vital to how companies in our industry operate, and the constantly shifting regulatory environment makes compliance progressively challenging. Therefore, I am proud to partner with IAGR and IMGL to provide SBC’s audience with the most accurate information on global legal changes.” A significant initiative planned for this year involves introducing a comprehensive series of regulatory meetups at the SBC Summit in Lisbon, scheduled for September 29 – October 1, 2026. These sessions aim to provide stakeholders with the latest updates on numerous global gambling markets. Further details on these regulatory meetups will be available at https://sbcevents.com/sbc-summit/. Additionally, the organizations will lend their support to the IAGR Annual Conference, taking place in Lima, Peru, from October 19-22, 2026. Ends About SBCSBC stands as a global leader in providing events, media, and advisory services for the betting and gaming sector. Through its six major events across Europe, North America, and Latin America, alongside a network of over 13 editorial brands, SBC facilitates connections, insights, and opportunities that enable businesses to grow, expand, and engage with crucial decision-makers throughout the year. About the International Association of Gaming Regulators (IAGR)The International Association of Gaming Regulators (IAGR) offers a platform for gaming regulators globally to convene, acquire best practice techniques and strategies, network, and exchange perspectives, share data, and deliberate on legislation, policies, and procedures. About International Masters of Gaming Law (IMGL)The International Masters of Gaming Law (IMGL) unites prominent attorneys, regulators, executives, and advisors worldwide who specialize in gaming law and regulation. By fostering education, collaboration, and the exchange of ideas, it contributes to shaping best practices and supports the expansion of the global gaming industry. The organization is founded on professionalism, integrity, and a collective dedication to excellence in gaming law. Media Contacts: International Association of Gaming Regulators (IAGR)Kevin P. Mullally, CEOceo@iagr.org SBC EventsJames Shanahan, CMOjames.shanahan@sbcgaming.com International Masters of Gaming Law (IMGL)Phil Savage, Head of Publications and European Affairsphil@imgl.orgBrien Van Dyke, Executive Directorbrien@imgl.org 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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Australian Gambling Shares Jump After Aristocrat Earnings Call, Light & Wonder Also Gains

(AsiaGameHub) -   Aussie gambling shares are surging following the gaming operator Aristocrat's announcement of net profits of nearly $575 million (USD) for the first half of the financial year. In its pre-audit earnings disclosure, Aristocrat reported profits increased by more than 17% compared to the previous year, and declared shareholder dividends of $0.36 per share for July. The company’s gaming segment revenues grew almost 5% year-on-year, reaching just over $1.4 billion. In response, share prices surged by over 13% on May 13, pushing the market capitalization above $20 billion. Trading volumes also spiked, more than doubling within 24 hours to reach 3.3 million shares. Aristocrat outperformed most stocks on the Australian Stock Exchange on May 13, as the S&P/ASX 200 index declined 0.4%. Aristocrat share prices on May 13. (Image: Google Finance) While gaming stocks are generally falling in the US and Asia, certain Australian operators appear to be defying the trend. Aristocrat’s main rival, Light & Wonder, saw its share price rise by 5% on May 13, with trading volumes nearly doubling from May 12 levels. Light & Wonder released its own quarterly results earlier this month, showing a more modest 2% increase as revenues climbed to $573 million. Light & Wonder share prices on May 13. (Image: Google Finance) Share prices at The Lottery Corporation rose by nearly 2%, although its trading volumes fell below the five-day average. However, smaller Aussie operators such as Skycity experienced a decline, with prices dropping 4%. What Has Sparked the Aussie Gambling Share Boom? Aristocrat investors appear to have been encouraged by the company’s strong financial performance. The firm’s normalized Earnings Before Interest, Taxes, and Amortization (EBITA) rose by over 6%, surpassing AUD 1 billion. But earnings alone are not the full story. The company is also seeking to attract stock market investment by expanding its on-market share buy-back program by an additional $726 million. The program is now valued at $1.8 million and has been extended through mid-May 2027. The operator is also embracing artificial intelligence at a time when chip stocks are experiencing widespread growth. “We are increasingly leveraging AI to enhance our strategic advantages and transform our processes,” CEO Trevor Croker told investors during an earnings call. Croker also announced the appointment of new board members with backgrounds in AI leadership. According to the media outlet Australian Financial Review, Aristocrat aims to exceed market expectations by selling access to approximately 5,000 poker machines in 2026. After a prolonged legal dispute, Light & Wonder and Aristocrat resolved their disagreement over alleged gaming development infringements earlier this year. The former agreed to pay Aristocrat $127.5 million after admitting it used Aristocrat’s math data to develop algorithms for the games Dragon Train and Jewel of the Dragon. Light & Wonder agreed to cease selling Jewel of the Dragon in April of last year. Aristocrat has been expanding its sports offerings in the US in recent years. In 2025, the company launched its NFL-themed slot titles in Puerto Rico. 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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Preakness Stakes 2026: What Is a Trifecta Bet?

(AsiaGameHub) -   The Trifecta is a type of exotic bet and one of the most potentially profitable wagers in horse racing. To win a Trifecta, bettors must correctly predict the first three finishers in the exact order. Trifectas are available for this year’s Preakness Stakes, which is scheduled to take place on Saturday at Laurel Park in Maryland. What Did the Preakness Stakes Trifecta Pay Out Last Year? Let's examine the finishing results from the 2025 Preakness to understand how the Trifecta bet works. Journalism (horse #2), Gosger (horse #9), and Sandman (horse #7) finished in 1st, 2nd, and 3rd place, respectively. A $1 Trifecta bet on the combination 2-9-7 resulted in a payout of $73.50. This was a relatively modest payout, as Journalism was the 8-5 favorite, and Sandman was the second betting choice at 4-1 odds. While accurately predicting the top three finishers in precise order is challenging, there are alternative methods for placing Trifecta bets that can increase your chances of winning. Different Types of Trifecta Bets The example above illustrates a straight Trifecta bet. Here are other variations for making Trifecta wagers: Trifecta Box A Trifecta box bet allows you to wager on the first three finishers without needing to specify the exact order of finish. By "boxing" three horses, you cover all possible winning combinations. Consequently, a $1 Trifecta box bet will cost $6. If you want to bet on horses #6, #7, and #9 to finish in the top three, you would state at the betting window: “$1 Trifecta box on 6, 7, and 9.” The cost increases if you choose to include more horses in your box bet: 4 horses (resulting in 24 combinations): $24 5 horses (resulting in 60 combinations): $60 6 horses (resulting in 120 combinations): $120 Trifecta Key This bet is recommended if you are highly confident that a specific horse will win the race. You designate your "key" horse to finish first and select other horses to finish second and third. For instance, if you believe horse #5 will win, and horses #7 and #9 will finish second and third, respectively. You would place the bet by saying: “$1 Trifecta Key #5 on top of 7 and 9.” The cost of this ticket is $6. This method allows the second and third-place finishers to come in either order, which saves money compared to boxing all possible combinations. Trifecta Wheel With a Trifecta wheel bet, you can select one or two horses to finish in a specific position and combine them with all possible combinations for the remaining positions. For example, if there are eight horses in the race and you believe horse #1 will win, you would say, “$1 Trifecta 1-all-all.” This bet would cost $42 to cover every possible combination. The cost of the bet naturally increases with a larger number of horses in the race. Biggest Preakness Trifecta Payout The largest Trifecta payout in the modern history of the Preakness Stakes occurred in 2019 when War of Will won the race. The $1 Trifecta bet on the combination 1-10-5 paid out $4,699.80. 1st place: #1 War of Will (6-1 odds) 2nd place: #10 Everfast (29-1 odds) 3rd place: #5 Owendale (8-1 odds) This year's Preakness Stakes is anticipated to be a highly competitive race, potentially leading to another significant payout for Trifecta bettors. See also: Exacta Bets | Superfecta Bets 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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Ukrainian Post Office Employee Embezzles Pension Funds for Online Gambling

(AsiaGameHub) -   A senior regional Ukrainian post office official misappropriated funds allocated for pension and social assistance disbursements and squandered them on online gambling platforms. According to a court announcement, the Tyachiv District Court in Zakarpattia sentenced an unnamed female Ukrposhta employee to two years of probation. Prosecutors stated that the woman embezzled the funds in September 2022. She utilized official Ukrposhta access credentials to transfer small sums to her personal card over a 10-day period. The woman subsequently used the entire amount for online gambling. She later filed a police report, alleging that the money had been stolen from the post office’s cash register. Ukrainian Post Office Worker Sorry for Stealing Money The woman eventually admitted to the offense, acknowledging that her gambling habits had led her into debt. She has since repaid the funds to Ukrposhta, which had initially covered the losses. During sentencing, the presiding judge noted that the court had considered her “sincere remorse.” The judge further remarked that she had no prior criminal record and was the mother of two children. The court also prohibited her from holding positions involving financial responsibility and managerial duties for two years. Additionally, she was fined 6,800 hryvnia, equivalent to $155. An Ukrposhta branch in the Ukrainian city of Kryvyi Rih. (Image: Andrew J.Kurbiko [CC BY-SA 4.0]) Gambling-Addicted Dance Instructor Stole Money From Parents The development in Zakarpattia occurred just days after a court in Ukraine’s Cherkasy Oblast sentenced a children’s dance instructor to a five-year suspended jail term for embezzling money from parents to fund online gambling. The instructor, Viktoria Kalashnik, who choreographs for a children’s ensemble named Nadezhda, was identified as the offender, according to Ukrainian media outlet Glavcom. In February 2025, Nadezhda won a dance competition and subsequently received an invitation to participate in an international festival in Batumi, Georgia. Kalashnik took charge of organizing the trip and began collecting money from parents in April. A total of 26 families contributed 1,181,061 hryvnia, amounting to approximately $27,000. However, the parents grew suspicious of Kalashnik’s behavior. The coach “repeatedly rescheduled the trip and never showed them travel tickets,” as stated by prosecutors. The parents eventually visited Kalashnik’s home, where the instructor confessed to losing the money. During the trial, Kalashnik again admitted to losing the funds and stated that she suffered from pathological gambling addiction. “I won on my first visit to an online casino,” she told the court. “After that, I couldn’t stop. I lost my own money and my parents’ cash, too.” Prior to the trial, Kalashnik partially compensated the parents, paying back around $3,000. A branch of the Sosnovsky District Court found Kalashnik guilty of large-scale fraud and suspended her jail sentence for three years. The presiding judge also ordered Kalashnik to pay financial compensation and moral damages fines totaling $27,300. Earlier this year, PlayCity, Ukraine’s gambling regulator, imposed a $10,000 fine on the operator of the sports betting and online slots brand Betking, Slots UA. PlayCity cited failure to provide financial data “in a timely manner” as the reason for the penalty. The regulator has also recently revoked the license of the Cosmolot online casino operator Spaceiks. 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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Macao Casino Operator Galaxy Net Revenues up 11% in Q1 Earnings, SJM Down 21%

(AsiaGameHub) -   Leading Macao casino share prices are declining or remaining flat following disappointing first-quarter earnings from major operators. Galaxy Entertainment Group’s pre-audit report indicated an 11% year-on-year increase in net revenue to nearly $1.6 billion, according to Japanese-language outlet Macau Shimbun. However, the company also experienced a 10% decline in revenue compared to the fourth quarter of fiscal year 2025. Gross gaming revenue rose on a year-over-year basis, but it dropped by 9% sequentially. The firm reported increases in mass gaming, VIP room, and slots revenues compared to the previous year. However, these segments also declined in the most recent quarter. The most significant drop was in VIP revenue, which fell by 25% since the start of the calendar year. Galaxy’s net liabilities stood at $345 million, with cash and liquid investments amounting to approximately $4.7 billion before audit adjustments. The company is currently developing new dining, lifestyle, leisure, and retail facilities at its Galaxy Macau resort. This project includes opening new casino spaces and adding a new hotel with 1,350 rooms. Additionally, Galaxy has begun renovating its StarWorld Hotel on the Macao Peninsula, which involves remodeling two casino floors. The company expects the StarWorld renovation to be completed by the end of Q1 2027. Galaxy Entertainment Group share prices on the Hong Kong Stock Exchange over the past five days. (Image: Google Finance) Macao Casino Earnings: SJM Holdings Revenues Drop 21% Earlier this month, the same media outlet reported that SJM Holdings, another Hong Kong-listed operator holding a Macao casino concession, also saw sequential revenue declines. SJM operates multiple casino properties under the Lisboa brand. SJM Holdings share prices on the Hong Kong Stock Exchange over the past five days. (Image: Google Finance) Company filings show that SJM’s net revenue for Q1 this year was $754 million, down 21.1% year-on-year. Gross gambling revenue also decreased by nearly 19%. Profit attributable to parent company shareholders fell from a surplus of $4 million to a deficit of almost $8 million. The company’s share of Macao’s total casino revenue declined by 3.9 percentage points to just under 10%. In contrast, rival MGM China earlier reported a 10% year-on-year rise in revenues for Q1, alongside a decrease in VIP spending. Gaming shares have also weakened globally despite a broader stock market rally. While high-growth tech stocks propelled the S&P 500 Index to record highs, popular exchange-traded funds focused on gambling fell by more than 3%. In Hong Kong, MGM China shares dropped 1.6% on May 12, while Wynn Macau declined by 0.7%. 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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SBC Summit Canada returns to Toronto ahead of Alberta market launch

(AsiaGameHub) -   SBC Summit Canada is set to return to Toronto next week during a transformative period for the nation's gambling sector. Key discussions will focus on the upcoming launch of Alberta's regulated market, increasing pressure regarding advertising limits, and the high expectations surrounding the 2026 FIFA World Cup. Held at the Metro Toronto Convention Centre from May 19-21, this year’s event is the first since rebranding from the Canadian Gaming Summit. More than 3,000 industry professionals are expected to participate in the only event in the country focused exclusively on the betting and gaming sectors. With Alberta’s regulated market scheduled to open in June, suppliers, affiliates, and operators are moving quickly to establish their presence in what is projected to be a major North American gaming hub. Simultaneously, the industry is navigating uncertainty from Bill S-211 and proposed advertising bans, while the 2026 FIFA World Cup offers a significant chance for sportsbooks to engage with the country's growing interest in soccer. These industry shifts will drive the summit’s three-stage conference program, which includes tracks dedicated to leadership, sports wagering, lottery and land-based gaming, marketing and affiliates, payments, and regulatory compliance. The schedule also features two specialized tracks on player safety and cybersecurity. The Cybersecurity in Gaming Summit, hosted by OLG, will analyze how companies are addressing digital threats, managing AI-related risks, and improving organizational security. Meanwhile, the Player Protection Symposium will look at moving beyond basic regulatory compliance to foster more proactive strategies for player health. Other sessions will explore how operators can turn World Cup interest into long-term customer loyalty, the evolution of omnichannel strategies for land-based and lottery brands, and how firms can prepare for regulatory changes in Alberta and advertising reform. The event will also host several masterclasses on vital operational and legal topics. IMGL will lead sessions on quasi-gambling and grey market activities in Canada, while Lucien Wijsman will conduct workshops on player psychology, pricing models, and the synergy between digital and physical casinos. Over the two-day conference, attendees will hear from a lineup of more than 150 expert speakers. Wednesday’s program begins with an address from Duncan Hannay (President, OLG), followed by a keynote from Nell Watson (Chief Scientist, EthicsNet / Creed Space) regarding the impact of autonomous AI on trust and security in gaming. Ahead of the June market launch in Alberta, Dale Nally (Minister of Service Alberta and Red Tape Reduction) will provide insights into the province's new iGaming framework. The speaker roster also includes Jennifer Aguiar (Chief Compliance Officer, DraftKings), Jared Beber (CEO, Bet99), Tom Burdakin (VP of Marketing, FanDuel), Stan Cho (Minister of Tourism & Gaming, Ontario), Andrew Garven (Head of Affiliate Marketing, Bet99), Joseph Hillier (CEO, iGaming Ontario), Yohan Mathew (Director of Marketing, BetMGM), Andrew Moreno (Assistant Vice President of Business Development and Government Affairs, bet365), Scott Vanderwel (CEO, PointsBet Canada), Tim Whitehead (Sportsbook Director, DraftKings), and Mark Wrigley (Head of Betting, F1). The exhibition floor will feature the organizations driving the future of the Canadian gaming market, providing attendees with access to the latest services and technologies. Participants can explore new product launches and engage with the teams behind them. Confirmed exhibitors include Altenar, Gigadat, iGaming Ontario, Bet Rite, Payper, Soft2Bet, Top Alliance, Optimove, Paramount Commerce, and others. Reflecting on the upcoming summit, Rasmus Sojmark, CEO & Founder of SBC, noted: “The Canadian gaming industry is currently experiencing significant momentum, which is evident in the high caliber of our speakers and the quality of the agenda. We are excited to host thousands of delegates in Toronto for what will be our most ambitious Canadian event yet.” In addition to the conference and exhibition, the summit offers various on-site networking opportunities. Highlights include the Global Gaming Women Breakfast on May 20 and the First Nations Breakfast on May 21, along with several networking lounges located throughout the venue. VIP Event Pass holders will also have access to two exclusive evening functions: SBC Summit Canada Opening Party — May 19 at RS Sports Bar (badge pickup available) SBC Summit Canada Official Networking Party — May 20 at The Rec Room For more information prior to the event, SBC’s Tom Nightingale (Editor, Canadian Gaming Business) recently appeared on iGaming Daily to discuss the current state of the Canadian market and the regulatory topics expected to lead the conversation at SBC Summit Canada. Registration is now open for those wishing to attend SBC Summit Canada. *VIP Event Pass holders also receive entry to the co-located Canada Fintech Symposium, an event exploring the intersection of financial innovation, compliance, and payments within regulated sectors. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. 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New Mexico Tribes File Lawsuit Against Kalshi as Minnesota Enacts Ban on Prediction Markets

(AsiaGameHub) -   Legal hurdles are a daily occurrence for prediction markets. The most recent lawsuit targeting Kalshi has been initiated by a coalition of New Mexico tribes. Concurrently, legislators in Minnesota have passed a bill designed to outlaw various prediction markets, specifically those concerning elections and sports. The lawsuit was filed by the Mescalero Apache Tribe, Pueblo of Isleta, Pueblo of Pojoaque, and Pueblo of Sandia. They accuse Kalshi of breaching Indian gaming compacts through the provision of unlawful gaming operations. Tribes Allege Kalshi Facilitates Unlawful Sports Wagering Kalshi contends its platform differs from sports betting, citing that it neither functions as the house nor directly accepts wagers. This assertion has been dismissed by the tribes. “Determining if an activity qualifies as 'gaming' under IGRA is not contingent on whether participants wager against the 'house' or one another,” the lawsuit asserts. The filing also references a past statement from a Kalshi attorney: “Contracts pertaining to games are likely unsuitable for listing on an exchange, as they lack genuine economic utility.” It further notes, “The sports event contracts offered by Kalshi possess all the defining traits anticipated by sports bettors in gambling: moneyline bets (predicting the winner), over/unders (total combined points), point spreads (margin of victory), prop bets (specific in-game events), and parlays (combined outcomes).” Consequently, the tribes contend that sports prediction markets warrant classification as sports betting. Current New Mexico statutes restrict legal sports wagering to in-person transactions at tribal casinos. Varying Outcomes for Other Tribal Litigation This marks the third instance of tribal entities suing Kalshi, succeeding previous legal actions filed in California and Wisconsin last year. In Wisconsin, a judge denied Kalshi's request to dismiss the lawsuit filed by the Ho Chunk Nation, a case backed by tribal organizations nationwide. Meanwhile, the Ninth Circuit in California declined the tribes' motion to consolidate their appeal with a Nevada prediction market case.  The Blue Lake Rancheria, Chicken Ranch Rancheria of Me-Wuk Indians, and Picayune Rancheria of the Chukchansi Indians had petitioned the Ninth Circuit to route their appeal against Kalshi and Robinhood to the panel overseeing the Nevada litigation. Nevada has proven the most effective state in combating prediction markets, standing alone in compelling Kalshi to exit the market. “Given the substantial distinctions between this appeal and North American Derivatives Exchange, Inc. v. State of Nevada … the motion to transfer this appeal to the panel that heard argument in that matter … is DENIED,” a court order declared. Minnesota Enacts Prohibition on Sports Prediction Markets In other developments, Minnesota legislators have approved a bill specifically outlawing sports prediction markets. The House passed SF4760 with a 100-32 vote, following a prior 57-9 approval in the Senate. This legislation is part of a broader Public Safety policy package. The provisions addressing prediction markets would bar operators from facilitating contracts on the following topics: Sports & Games: Athletic competitions, individual player performance, and games utilizing cards, dice, or electronics. Crises & Disasters: Conflicts, emergencies, disasters, shootings, terror, and health crises. Human Events: Specific events involving individuals or groups. Government & Politics: Elections and behavior of officials/agencies. Legal Proceedings: Lawsuits, trials, settlements, verdicts. Violence & Mortality: Deaths, assassinations, mass casualty events. Weather: Short-term forecasts and environmental events. Pop Culture: Awards and release dates. Statements: Forecasts regarding specific utterances by individuals. The bill now awaits the signature of Governor Tim Walz. Upon enactment, state officials would gain the authority to issue cease-and-desist orders to non-compliant firms. Kalshi is a probable target for such an order and would likely retaliate by filing suit against the state. Kalshi maintains that state regulations are inapplicable, asserting that its operations fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). The CFTC has pledged to support licensed operators and has intervened in legal battles across multiple states. The controversy surrounding the legality of sports prediction markets persists. Attorney Melinda Roth remarked this week that while the CFTC is the fitting regulator for sports-event contracts, the final decision on lawfulness rests with the Supreme Court. A ruling is not anticipated before 2027. Until then, anticipate continued litigation and legislative attempts to curb activities viewed by many as illicit sports betting. 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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JP Morgan Chase Increases Entain Stake – A Sign of Confidence for UK Betting Giant?

(AsiaGameHub) -   JP Morgan Chase has increased its shareholding in Entain, indicating that the UK betting giant remains an attractive target for high-profile investors, particularly following the dissolution of major shareholder Eminence Capital. A filing with the London Stock Exchange confirmed that JP Morgan Chase has raised its stake in Entain to 7% of the company’s total stock. This comprises 5.6% in direct voting rights and an additional 1.4% held through financial instruments. On Friday, May 8, the day JP Morgan Chase surpassed the 5% minimum reporting threshold, Entain’s share price reached a peak of £5.42. At this valuation, the firm’s total investment in Entain could have been worth up to £244.9 million. However, Entain’s share price has experienced a slight decline in subsequent days, currently trading at £5.26 per share as of this article’s publication. JP Morgan cashing in on Entain? The acquisition by a major multinational bank like JP Morgan Chase, a Dow Jones and S&P 100 constituent with over $4.7 trillion in assets, could signal confidence in Entain’s long-term viability. Entain’s shares faced pressure in early May after Eminence Capital, a New York-based hedge fund with over 25 years of activity, ceased operations. Eminence was previously Entain’s third-largest shareholder, holding a 6.5% stake, behind Capital Group and Dodge & Cox. Following the fund’s closure, Eminence founder Ricky Sandler resigned as a Non-Executive Director of Entain. He subsequently divested his remaining shares on May 7, reducing his holdings in the company from 5.8% to zero. Like many other publicly listed and privately held gambling companies, Entain faces significant challenges in 2026. The company’s primary market is the UK, where its prominent Ladbrokes and Coral brands operate thousands of high-street betting shops and popular online betting and gaming platforms. Entain’s strong UK presence has exposed it to the increase in Remote Gaming Duty (RGD) from 21% to 40% this April, a measure introduced for the betting and gaming industry by HM Treasury’s November 2025 Autumn Budget. Crucially, and potentially a source of confidence for Entain and its investors, the company’s extensive network of betting shops is exempt from both the RGD increase and next year’s rise in General Betting Duty. Despite this, the company has still implemented retail cutbacks across its UK-and-Ireland division. The UK industry is also grappling with criticism regarding advertising practices and the prevalence of high-street betting and gaming establishments in local communities. It remains uncertain whether the recent local election results, which saw gains for the more pro-industry Reform UK and anti-industry Green parties, will alter this landscape. Entain ever subject to speculation With Entain’s share price down 31.8% year-to-date, it is plausible that JP Morgan Chase is capitalizing on cheaper shares, potentially anticipating a rebound for the firm this year. Despite reporting multi-million-pound losses for the third consecutive year in 2025, Entain did show some positive performance last year, with group-wide revenue increasing by 3% to £5.25 billion and UK and Irish revenue rising by 6% to £2.19 billion. Rumours of a potential sale of the company also persist, suggesting that investors like JP Morgan Chase might be hoping to profit from a future transaction involving high-profile brands such as Ladbrokes and Coral. However, as Entain’s leadership has not indicated any interest in a sale, any such rumours can only be considered speculation for the time being. Nevertheless, Entain has been an acquisition target in the past, though it has proven notoriously difficult to acquire. In 2021, leadership rejected MGM Resorts International’s $11.1 billion (£8.1 billion) bid, deeming it to ‘significantly undervalue’ the company. 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.