Bally’s says A$260m AUSTRAC fine does not render The Star insolvent
Bally's says the A$260m AUSTRAC penalty will not render The Star insolvent, as the operator engages lender WhiteHawk over a review event triggered by the fine.
iGaming news
Regulation, enforcement, prediction markets and the business of online gambling, filed by the iGaming desk.
iGaming desk
Earlier
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Ontario opens Niagara casino market to up to three new operators
Ontario and OLG are seeking up to three new Niagara casino operators, each committing at least C$1.5bn, under a Call for Investment launched today.
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Users Drained of $260K on Predict Fun, the YZi Labs-Backed BNB Chain Market
Users of Predict Fun, a prediction market on BNB Chain incubated by YZi Labs, are being drained of roughly $260,000 as funds move to Tornado Cash.
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CFTC Sues Utah to Block State Enforcement Against Prediction Markets
The commission argues Utah's state-court enforcement actions against federally registered markets obstruct Congress's decision to preempt state law.
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Evolution Q3 revenue up 3.7% to €526.1m; CEO slams Brazil gambling ban
Evolution kept its full-year margin guidance after closing its Brazilian studio, as CEO Martin Carlesund criticised the ban and the company pointed to a €49m Latam quarter.
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Cambodia freezes nearly US$1 billion in Prince Group assets amid scam crackdown
Cambodia's courts have frozen nearly US$1 billion in Prince Group assets, and licensed casino premises are at the centre of the case against the conglomerate.
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DraftKings’ prediction exchange climbs to third place, CEO says, with $1 billion in weekly volume
Jason Robins says DKeX is already the No. 3 US prediction market exchange; Aldrin Research data puts it at $1.04bn weekly volume and 3.57% share, behind Kalshi and Polymarket.
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How High Roller is structuring ROLR: NFA membership and the Crypto.com FCM model
Customer accounts sit at Crypto.com FCM through an NFA-registered subsidiary, and the company expects revenue in the fourth quarter.
