Broadcom CEO likens AI investors to gamblers as chipmaker targets $230B in sales
Hock Tan's casino comparison triggered a global AI stock selloff and renewed debate over how much capital is chasing AI infrastructure.
investingLive · +5 outlets
New York regulators move to ban AI-tailored betting promotions and set intervention limits
The New York State Gaming Commission proposals would bar operators from using AI to personalize promos and wagering recommendations.
Cdcgaming · +5 outlets
CFTC proposes rules defining prediction market event contracts as swaps
The proposal would formalize federal oversight of prediction markets while prohibiting traditional gambling products, a key question for platforms like Kalshi.
Cdcgaming · +14 outlets
Study estimates prediction markets could cost US gaming up to $39.4B
The forecast adds to industry pressure on prediction market platforms, with IG Group's CEO questioning their volume and expecting Supreme Court review.
SBC Americas · +3 outlets
Britain's casinos and bingo operators warn of 3,800 jobs at risk from tax hike
The Betting and Gaming Council says raising Machine Games Duty to 40% would force closures across the retail estate ahead of the UK budget.
SportsBoom UK · +1 outlets
Macau keeps 2026 gaming revenue target at 236 billion patacas (US$29.2B)
Chief Executive Sam Hou Fai said October performance is key to hitting the government's full-year forecast.
The Macau Post Daily · +3 outlets
Brazil betting ban: 3,500+ jobs lost as Stake loses court appeal to operate
A Federal Court ruling stripped Stake of its provisional Brazilian licence, deepening fallout from President Lula's provisional betting ban.
Igamingbusiness · +2 outlets
Betfred reports £995.6m turnover as online closes gap on retail estate
Retail fell to 55% of turnover for the year to March 2026, the last annual report before major UK gambling reforms take effect.
Igamingbusiness · +3 outlets
Ireland leaves EU-wide online gambling tax out of first draft Budget 2028
The Irish Presidency declined to advance a common iGaming tax in EU budget negotiations, though horse racing bodies remain mobilised against the idea.
Sbcnews · +4 outlets
CLSA sees Macau 3Q casino EBITDA down 11% as visitor growth fails to lift GGR
The brokerage notes higher visitation is not translating into proportional gaming revenue for Macau operators.
GGRAsia
Macau gaming tax revenue reaches US$9.2B over first nine months of 2026
Gaming taxes remain the dominant source of Macau government revenue as the enclave tracks toward its annual target.
iGamingToday.com
US online casino revenue clears $1B again in best-ever August
iGaming revenue set a new monthly high, underscoring the segment's growth even as state-level legalisation stalls.
The Closing Line · +1 outlets
Kalshi courts tribal partners as competitors challenge it in court
The prediction market platform is pursuing tribal gaming alliances while an Oklahoma tribe's own app complicates state gaming debates.
Gambling Insider · +5 outlets
Denmark gambling revenue falls 5% in August as sports betting declines
Online casino growth partially offset a weaker sports betting month, with parliament now reviewing gambling amendments.
Gaming Intelligence · +5 outlets
Sands CEO Patrick Dumont remains bullish on Macau outlook
The Las Vegas Sands chief reiterated confidence in the Macau market despite softer third-quarter EBITDA expectations.
Casino.org · +4 outlets
Illinois gambling revenue hits a record
The state posted record gaming revenue, spanning casino, sports betting and video gaming terminals.
Action Network · +14 outlets
Michigan regulator targets 33 offshore gambling operators in crackdown
The Michigan Gaming Control Board's legal push aims to shut off unlicensed sites serving state players.
WellPlayed · +1 outlets
Gaming-related crime in Macau rises 12.3% in first nine months of 2026
Authorities reported an increase in gaming-linked offences, a recurring concern as Macau pushes tourism growth.
IAG · +1 outlets