作者： nicole

(AsiaGameHub) -   There is growing pressure to stop the implementation of new gambling affordability checks across the UK, with a leading reform campaigner calling on the government to rethink its strategy due to rising worries about the policy's possible effects. Reform Supporter Challenges Gambling Measures, Calls for Pilot Evaluation Dr James Noyes, previously a proponent of financial checks for online betting, has requested Culture Secretary Lisa Nandy to pause their implementation. According to The Guardian, he stated in a formal letter that these measures ought not to advance until the outcomes of a current pilot program are completely evaluated. Noyes, a senior fellow at the Social Market Foundation, endorsed the concept years ago as a component of wider initiatives to curb gambling harm. However, his backing relied on conditions like minimal user interference and the establishment of robust consumer safeguards, such as an independent ombudsman. He now indicates that these prerequisites might not be satisfied by the existing plan. In 2024, the UK Gambling Commission initiated trials of financial risk assessments, designed to detect at-risk individuals without demanding invasive documentation. Intended to function discreetly, the system aims to prevent unnecessary hurdles for the majority of punters. Nevertheless, definitive results from the trial have not yet been published, and information regarding its development has been sparse. Betting Regulations Ignite Concerns Over Migration to Black Market Various segments of the horse racing industry have raised alarms. Industry figures caution that customers might be deterred from using licensed platforms if compelled to provide sensitive financial information. They argue this could drive punters towards unregulated operators, thereby compromising both player safety and sector income. Noyes shared these concerns, noting that trial reports indicate mixed data and ambiguous results. He also emphasized the risk that the checks could generate avoidable friction for users, running counter to their initial intent. His analysis implies that moving forward without solid proof invites unforeseen repercussions. The matter has attracted heightened scrutiny following campaigns by racing organizations and betting stakeholders urging policymakers to step in. Projections indicate that the sport stands to suffer substantial financial setbacks should participation drop as a result of tighter regulations. The UK Gambling Commission has affirmed that it is still fine-tuning the system, prioritizing a smooth consumer experience. Authorities insist that any future implementation will weigh user ease alongside the wider impact on commercial entities. Amid speculation that a verdict on a nationwide launch is near, the government faces mounting pressure to postpone the process until more definitive evidence is presented. 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.

(AsiaGameHub) -   It's a common practice for Las Vegas properties, and casinos nationwide, to publicize significant wins. In line with this tradition, Flamingo Las Vegas celebrated two such fortunate occurrences last night, with two individuals claiming substantial winnings just hours apart. Two Jackpots Drop from Three Card Poker, Jackpots Secured Mere Hours Apart Both the property and the fortunate players were generous in sharing the details of these wins. Among them was Tuesdee F., who achieved a straight flush in Three Card Poker, earning her a $149,944 win from the progressive jackpot. Tuesdee F. was visiting Flamingo Las Vegas from Lambertville, New Jersey, to celebrate her birthday, and it certainly turned out to be a memorable one! She wasn't the only one to leave the casino in a better mood. The second winner, Tim H. from Anoka, Minnesota, also played the same game – Three Card Poker – and secured an impressive payout amounting to $475,669. He too hit one of the progressive jackpots, the mega jackpot. Tim was quick to share his plans for the winnings, stating directly that he intended to use the money for his retirement. While the property did not provide further details on this happy event, jackpots are a regular occurrence at the Flamingo. 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.

(AsiaGameHub) -   Numerous municipalities across New Hampshire have promptly acted under a recently enacted law that empowers local governments to decline casino projects within their boundaries. The legislation, which became effective last year, is already influencing how towns approach the expansion of the state’s rapidly growing gambling industry. Eight New Hampshire Towns Opt Out of Casinos Amidst Expanding Local Authority To date, eight localities have chosen to ban new gaming establishments. These include Henniker, Candia, Bedford, Barrington, Hancock, New London, and Littleton. Portsmouth also implemented a comparable prohibition following the law's passage. Another town, Conway, is anticipated to conduct its vote shortly, suggesting further similar outcomes may emerge, as reported by the Concord Monitor. Advocates for the legislation contend it aligns with New Hampshire's established commitment to local governance. Responsible gambling organizations state that residents value the ability to directly influence the businesses permitted in their areas. According to representatives from such groups, many citizens are worried about maintaining their towns' unique character as more extensive entertainment facilities proliferate. This law was enacted alongside other initiatives designed to bolster municipal powers. Its proponent has noted that the swift action by towns highlights significant public desire to influence local growth. In his view, this degree of involvement indicates that communities are carefully considering the potential impact of gambling on their future. New Hampshire's Gaming Expansion Sparks Worries as Industry Approaches $1 Billion Valuation Authorized gambling in the state was initially anticipated to stay limited, frequently linked to minor charitable activities. Nevertheless, the industry has transformed, with establishments now resembling comprehensive entertainment centers featuring dining, live shows, and various other amenities. Analysts forecast that the sector's market value could surpass $1 billion within several years. This swift growth has generated apprehension in certain regions. Local authorities and advocacy organizations have highlighted possible pressures on infrastructure, such as heavier traffic and increased need for emergency services. They further observe that current rules were formulated for smaller establishments, creating deficiencies in the municipal oversight of larger operations. The legislation contains clauses safeguarding projects already initiated before a town decides to opt out. For example, in Littleton, a casino plan under development for several years is anticipated to move forward despite the recent ballot, given that it predates the new limitations. Significantly, the ability to opt out pertains to prospective developments. With over 200 municipalities statewide, industry watchers anticipate that casino companies will still locate areas open to hosting new ventures. While certain communities are declining, others might perceive economic benefits in embracing these investments. 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.

(AsiaGameHub) -   BetMGM is enhancing its selection of new digital games with the introduction of new online slot games bearing the Elvis Presley brand. These games pay tribute to the King of Rock and aim to bring his dynamic presence to the iGaming experience. The King of Rock Comes Back to Life in a Series of New BetMGM Casino Slot Games Through a strategic alliance with Octoplay, the platform will debut a collection of branded games. These games will allow players to revisit the golden era of rock’n’roll and experience the vibrant atmosphere of a past Las Vegas that has significantly influenced the modern city, all set to the music of the King. This latest collaboration follows similar content agreements, most recently with FashionTV Gaming Group, which has already resulted in the integration of branded content onto the BetMGM platform. Commenting on the launch, BetMGM SVP Oliver Bartlett stated: “Elvis Presley played a crucial role in shaping the entertainment landscape of Las Vegas, a city whose essence is integral to all our endeavors at BetMGM. Introducing the King’s legacy to BetMGM through our partnership with Octoplay allows us to honor this history in a novel way and capture the charisma of an iconic legend.”  He described the slots as a “tribute” to an icon and further enhanced the BetMGM Casino’s online platform. The initial game released is titled Elvis Presley: Viva Las Records, featuring a 5-by-3 grid, a Hold & Win bonus, five jackpots offering up to 2,500x the stake, and more. The game prominently features Elvis's brand and imagery, with his iconic silhouette overseeing the gameplay. The title creates an authentic environment for enjoying the music of an icon who resonates across generations. Octoplay and BetMGM Launch New Slots across the US and Canada “Elvis Presley’s cultural impact is unparalleled, and Viva Las Records achieved impressive results from its debut because we crafted an experience that truly embodies the energy and showmanship for which the King was renowned.  This exclusive collaboration with BetMGM validates our strategy for premium branded content and establishes a strong foundation for Octoplay’s accelerated expansion throughout North America,” added Octoplay CEO Ralitsa Georgieva. The first title has already been made available in New Jersey and Michigan in the United States, as well as in Ontario, Canada. A second Elvis-branded game is scheduled for release later this summer. 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.

(AsiaGameHub) -   Pragmatic Play has launched its latest slot game, Inca Queen, inviting players on an expedition into the Peruvian jungles. This new title challenges gamblers to join the titular queen on a quest for hidden treasures. Inca Queen Metrics Rows: 3 Reels: 5 Paylines: 20 RTP: 96.55% Volatility: High Min/max bet: 0.20/240 Max win: 5,000x Join the Powerful Ruler of Ancient Peru in Search of Lost Treasures As its name suggests, Inca Queen allows players to explore the ancient culture of the Incas—a pre-Columbian civilization that dominated the west coast of South America for several centuries. The game’s central figure, the Inca Queen, embodies the might of the Inca Empire, offering players a glimpse of this ancient nation at its peak. Consequently, the game’s visuals feature symbols depicting formidable warriors, stunning temples, and the rich natural wildlife of Peru. Invoke the Power of the Inca Queen to Win Big Prizes In Inca Queen, players spin the reels on a temple-themed grid filled with mysteries and concealed riches. The queen herself acts as the game’s Wild Symbol, assisting players in forming winning combinations. This Wild Inca Queen symbol can also randomly expand to cover the entire grid, revealing the full power of this monarch and making wins significantly easier. The game also features Coin symbols, represented by a gold coin adorned with the image of a mighty Inca temple. Each Coin symbol is collected in a designated Coin pot. Furthermore, Coin symbols can carry a multiplier value ranging from 1x to 250x. Coins are also capable of triggering Coin Respins—a feature where only Coin symbols appear—as well as Frame Respins, or a combined Coin and Frame Respins version. These continue until players accumulate six coins, frames, or both. This action then initiates the Money Respins bonus game, offering players an opportunity for impressive payouts. Players can also activate the Money Respins feature by collecting six or more money or frame symbols during the base game. Additionally, landing extra coins or frames resets the spin count to three, extending the gameplay. 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.

(AsiaGameHub) -   A social media post from Donald Trump has captured the interest of regulators, gaming industry leaders, and sports enthusiasts this week. The post, made on Truth Social, included an AI-created picture showing Trump with Dana White on the White House lawn in front of a fighting arena. Notably, the image also displayed the logo of the offshore betting firm Stake, which lacks a license to conduct business in the United States. The UFC and Stake Have a Long-Running Partnership Stake is a widely used online gambling site that functions mainly as a cryptocurrency-based casino and sportsbook. Although the company operates globally, it does not hold licenses within the United States. Despite this, it has established a significant profile through partnerships, including its role as the official betting partner for the Ultimate Fighting Championship. Trump has a close relationship with the UFC. He has been a guest at numerous events and is friendly with Dana White, who has publicly supported him in previous election cycles. The forthcoming UFC event associated with the White House is already controversial. The promotion of an unlicensed gambling firm could intensify the situation. It remains unknown if the appearance of Stake's logo was deliberate or if the President knew about the company's licensing status. Donald Trump often shares AI-generated visuals, typically with little to no context. Nonetheless, critics caution that his post endorses an offshore operator at a time when US officials are working to curb unlicensed platforms. Stake Maintains a Visible Public Presence Recently, firms such as Stake have relied extensively on influencer advertising to target American consumers. Prominent figures, including Drake and streamer Adin Ross, are associated with the platform. These promotional tactics frequently blur the line between content and commercials, posing potential risks for younger viewers. The debate sparked by Trump's post highlights the growing tensions within the online gambling industry. The American Gaming Association, which represents numerous licensed US operators, has repeatedly called for tighter controls on offshore businesses. The association contends that permitting these companies to operate freely reduces tax revenues and weakens consumer safeguards. The Trump administration's wider position on emerging financial technologies adds another layer of complexity. Cryptocurrency and alternative trading platforms have been strongly endorsed, with the CFTC publicly supporting prediction platforms even amid opposition from state regulators. The administration's strategy has received a mixed response. Proponents claim it promotes innovation, whereas opponents worry that swift changes could jeopardize longstanding regulatory frameworks. 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.

(AsiaGameHub) -   The Las Vegas Strip has hosted many grand displays over the years, but the tribute to Bruno Mars this past Friday will be remembered for years to come. Accompanied by showgirls and a cheering audience, Mars was officially recognized by the city he has helped transform over the last decade. Local leaders introduced a new street, Bruno Mars Drive, solidifying his status among the elite group of performers closely linked to Las Vegas. A Large Crowd of Fans Assembled for the Event Mars now ranks alongside legends like Elvis Presley, serving as a primary symbol of the modern music landscape in Vegas. While the Strip has always relied on star power to draw visitors, few contemporary artists have successfully merged residency triumphs with worldwide popularity as effectively as he has. The event took place alongside the kickoff of The Romantic Tour, Mars’ newest international tour, which began at Allegiant Stadium. Even so, his absence from the city will be brief. Having performed in Las Vegas for over 15 years, he has become a permanent fixture of the Strip’s entertainment scene and a core part of the city's character. It is a great honor, and I want to express my sincere gratitude for this recognition. I have a deep affection for this city. Bruno Mars Despite the extreme temperatures, hundreds of supporters showed up to honor Mars' career, proving his lasting appeal. The event also featured significant charitable acts. Mars donated $1 million to the Las Vegas Children’s Hospital, a contribution that MGM Resorts International matched. This act further solidified his connection to the local community, showing a bond that goes beyond his musical performances. Mars Addressed Speculation Regarding Gambling Debts Even with his immense success, Mars’ time in Las Vegas has been shadowed by persistent rumors. For years, claims have circulated regarding significant gambling debts, with some suggesting his residency was a way to settle those accounts. Both Mars and MGM have repeatedly refuted these claims, asserting that their professional relationship is strictly business-oriented and mutually advantageous. These rumors have not damaged Mars’ standing. During the festivities, the artist addressed the gossip with humor, once again stating that he carried no debt. His remarks echo previous social media posts where he poked fun at the alleged financial troubles. Such stories have become part of the lore that frequently follows stars who maintain long-term presences in Las Vegas. I don't owe anything. I settled my accounts with the casino a long time ago. Bruno Mars Mars’ status as a top-tier performer remains firm. Financial analysts estimate his concert revenue to be among the highest in the industry, comparable to the world's biggest touring acts. His partnership with MGM is considered one of the most lucrative residency deals in the city's history, as his performances continue to attract large audiences by mixing classic showmanship with contemporary stagecraft. 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.

(AsiaGameHub) -   George Janssen, a Michigan poker professional and four-time WSOP Circuit ring winner, has been sentenced to three years in prison, along with three years of supervised release, for his involvement in a $4 million auto loan scheme. He is also mandated to pay nearly a million dollars in restitution to his victims. Janssen Faces Three-Year Prison Term Janssen had previously attempted to link his auto loan scheme to a supposed kidnapping he asserted he endured. While the player was discovered zip-tied by a Michigan roadside two years prior, alleging extortion by mobsters, subsequent investigations concluded that the incident was likely a fabrication by Janssen designed to evade accountability. Despite not being charged with falsely reporting a crime, Janssen ultimately pleaded guilty to the auto loan scheme, which defrauded nearly a dozen financial institutions of $4 million. This fraudulent activity involved Janssen and his associates cashing more than $3.93 million in illicit auto loan checks. Janssen’s legal counsel attributed the scheme to financial hardships stemming from the COVID-19 pandemic, maintaining that the player had always planned to repay the funds. As reported by PokerNews, the player has now received an official sentence of 36 months in prison, in addition to 3 years of supervised release. He is also obligated to pay $908,235 in restitution to those affected. Janssen Receives Reduced Sentence, Though Less Than Requested The defendant recently petitioned the court for a reduced sentence of just 24 months, stating his intention to earn the restitution money through poker. Janssen’s attorney highlighted the player's demonstrated ability to profit from poker, arguing that an earlier release would facilitate his efforts to accumulate these funds. The defense further argued that a more lenient sentence would enable the player to reunite with his family sooner. The attorney stressed that a four-year prison term for Janssen “will help nobody.” To provide context, the minimum sentencing guideline stood at 51 months. Consequently, the 36-month sentence Janssen received appears to be a compromise between his requested 24 months and the recommended 51 months. 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.

(AsiaGameHub) -   Josh Hokit has ascended to the UFC heavyweight contender ranks and secured a spot on the UFC Freedom 250 White House card following a thrilling main event bout against Curtis Blaydes. Dana White Adds Hokit to the White House UFC Event The light heavyweight title bout was not the sole matchup that electrified the sold-out crowd of nearly 18,000 attendees. The heavyweight contest between No. 5-ranked Curtis Blaydes and emerging prospect Josh Hokit evolved into a chaotic three-round war, establishing a new UFC heavyweight record with 351 combined significant strikes. Of these, Blaydes landed 151 to the head with 87% accuracy, while Hokit connected with 164 at 93%. Shortly after the fight concluded, UFC CEO Dana White announced that Hokit had been added to the UFC Freedom 250 card, where he is slated to face veteran Derrick Lewis on the White House lawn. Notably, White confessed that he was not impressed with Hokit's showboating leading up to the previous night's fight, and his sentiments did not improve once the action commenced. However, Hokit's performance within the Octagon ultimately shifted the UFC CEO's perspective on the California native, prompting him to offer Hokit a place on the White House card. A few weeks prior, White provided an update on the White House event, stating that its organization was nearing completion after discussions with President Donald Trump. The event is scheduled for June to commemorate the 250th anniversary of the USA's establishment. How Did the Fight Go? Hokit dictated the pace for a significant portion of the fight on Saturday. He nearly secured the opening round with a flurry of strikes and a few taunting middle fingers directed at a visibly surprised Blaydes. However, the veteran regrouped, mounted a late comeback, and swept the round on all three judges' scorecards. Despite this, Hokit continued to press forward, displaying quicker hands and steadily wearing down Blaydes, whose face bore the brunt of the punishment. Blaydes demonstrated resilience by refusing to be knocked down, but in doing so, he also contributed to a historic moment. Unofficially, the bout featured the most significant strikes ever thrown in a three-round UFC heavyweight fight, surpassing the previous record by nearly 40. What transpired was an unexpected war of attrition between two fighters typically known for their wrestling-heavy styles. Hokit, making his third appearance in the UFC, fought with the intensity of someone aiming for a career-defining victory. Meanwhile, Blaydes appeared to remain standing more out of pride and sheer stubbornness than any other reason. In related news concerning the White House UFC event, popular podcast host and UFC commentator Joe Rogan has recently voiced concerns that Iran might target the event in retaliation for the ongoing war, which has been active for several weeks. 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.

(AsiaGameHub) -   On April 10, 2026, Kick—the popular streaming platform with strong links to online casino Stake—announced that its livestreaming service had passed 100 million users just three years after its launch. At the same time, co-founder Bijan Tehrani took the chance to admit that some areas of the platform have not measured up. Kick Co-Founder Discusses the Milestone In a public letter to the Kick community, Tehrani shared his pride in the team’s progress toward hitting the 100 million user mark. However, he also conceded that this achievement was ultimately more of a superficial win, as the platform still hasn’t reached the standard it needs or should be at. Tehrani further explained that the platform has intentionally kept its beta label, noting that it was rushed to market with weak infrastructure, underdeveloped payment technology, and unreliable streaming. According to Tehrani, much of the past three years have been spent addressing and improving these gaps. Tehrani also pointed out that Kick has received significant financial support from his other business, Stake. He and fellow co-founder Eddie Craven have invested nearly $1 billion into Kick so far, he said. The entrepreneur identified Kick’s mobile app as an ongoing weak point for the company, adding that a full rebuild is currently in progress and he is personally overseeing the effort to ensure a far better user experience. Kick’s Creator Investment Strategy Has Shifted Tehrani commented on how the company now approaches deals with creators. He explained that in the early days, the platform offered massive contracts to high-profile streamers—such as the two-year agreement popular streamer xQc signed in June 2023, which was reported to be worth up to $100 million. While these moves gained a lot of attention and short-term growth, Tehrani said they were financially unsustainable long-term. The focus has since shifted away from these large contracts to strengthening the economic structure of the Kick Partner Program. Now, there’s an emphasis on rewarding creators who build authentic communities, Tehrani noted. Despite this, rumors surfaced in recent months that Kick had cut earnings from its partnership program, prompting an official response from Craven. Kick’s next phase includes a new recommendation feature currently available to around 10% of users. It’s designed to highlight authentic streamers based on genuine engagement rather than inflated metrics or internal preferences. Tehrani explained that Kick is pursuing this approach to become the best long-form streaming platform for authentic engagement and discovery. 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.

(AsiaGameHub) -   World-famous DJ Oliver Heldens is set to headline INFINITY Florida for its much-awaited second edition, marking an electrifying end to SBC Summit Americas. Happening on Thursday, June 11, at Miami’s DAER Nightclub and Dayclub, the official closing party guarantees a memorable evening where guests can network, toast the week’s successes, and immerse themselves in a top-tier EDM experience. First launched in Lisbon in 2024, the INFINITY brand made its Florida premiere in 2025, featuring an unforgettable headlining set by Steve Aoki. By blending elite DJs with premium production values, pyrotechnics, laser displays, and free drinks, it creates a festival-like vibe that’s become a signature element of the SBC experience. Previous performers include Afrojack, Alok, Darude, Dubdogz, Galantis, Timmy Trumpet, and Öwnboss. “INFINITY Florida is where we elevate the experience beyond the ordinary. It’s not just about making connections—it’s about crafting a night that guests will remember forever,” stated Rasmus Sojmark, Founder and CEO of SBC. “Oliver Heldens is the ideal artist for this. He brings massive energy, impactful moments, and a set that keeps the audience dancing nonstop from beginning to end.” Oliver Heldens is a Dutch DJ, producer, and radio personality who’s emerged as one of the most well-known figures in electronic music, racking up more than 4 billion streams across the globe. With over 10 years in the industry, he’s earned a reputation for fusing house, techno, and pop elements into a unique sound that’s solidified his place as a mainstay in the international dance community. His breakthrough came in 2013 with ‘Gecko’, a track that achieved triple platinum status and topped the UK charts after a collaboration with Becky Hill. Since then, Heldens has dropped globally popular tracks like ‘Last All Night (Koala)’, ‘The Right Song’, and ‘Turn Me On’, and collaborated with A-list artists including Nile Rodgers, Kylie Minogue, David Guetta, and Armin van Buuren. He’s also remixed songs for acts like Dua Lipa, Calvin Harris, Coldplay, Depeche Mode, Jamiroquai, and Justin Timberlake. Famous for his dynamic, high-energy performances, he now entertains over 2 million fans annually. In 2025 alone, he headlined events at the Indianapolis 500, F1 Dutch Grand Prix, Ultra Music Festival Miami, Tomorrowland, Creamfields, and London’s O2 Academy Brixton. In addition to his own music, Heldens has left a lasting impact through his record label ventures. In 2015, he founded HelDeep Records to support up-and-coming producers and DJs, and the label has since backed artists like ALOK, Chocolate Puma, and Dada Life. He expanded his label lineup in 2020 with OH2 and in 2023 with HILOMATIK, strengthening his influence across various subgenres of electronic music. In 2015, Heldens ventured into a darker, more high-energy techno sound under his HI-LO moniker, making his debut with the track ‘Renegade Mastah’. This project has since become a standalone success, gaining support from industry leaders like Carl Cox, Solomun, Charlotte de Witte, and Amelie Lens, among others. The INFINITY Florida closing party will wrap up SBC Summit Americas, an event that will gather thousands of industry experts from North, Central, and South America for three days of learning, networking, and product exploration. The summit will include an exhibition floor with hundreds of exhibitors and sponsors, a six-track conference program, and a busy calendar of networking activities. Get Your Ticket to SBC Summit Americas:  Group Pass 3+ (VIP Pass): For groups of three or more, this pass offers complete access to conference sessions, the exhibition floor, networking events, and evening parties—all at a discounted rate of $559 per person. The individual VIP Pass costs $779. Secure your Group Pass.Networking Pass: This is your go-to option for maximum networking at SBC Summit Americas, giving you entry to the show floor, SBC Connections, and our evening events (including the Official Opening Party and INFINITY Florida) for only $399. Grab your Networking Pass.  For all other ticket options, click here.  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.

(AsiaGameHub) -   Singapore’s Gambling Regulatory Authority (GRA) has announced a leadership change, with Tan Sin Heng Daniel appointed as its new Chief Executive Officer. He will assume responsibility for leading the regulatory body. This appointment follows the Ministry of Home Affairs' confirmation of current GRA CEO Teo Chun Ching’s decision to step down from his position. Teo Chun Ching to Depart, Tan Sin Heng Daniel Appointed as Successor According to the recent announcement, Teo Chun Ching will exit the GRA in June, vacating the CEO role. This marks the conclusion of his 8-year tenure with the authority, during which he oversaw the expansion of its mandate from a casino regulator to an overarching gambling regulator for the entire country. The Ministry of Home Affairs extended its gratitude to the outgoing CEO for his significant contributions to the GRA and commended his leadership, which supported the organization throughout the modernization of Singapore’s gaming sector. As Teo Chun Ching prepares for his departure, Tan Sin Heng Daniel has been named as his successor. This appointment comes shortly after the Ministry designated Wee Teck as the new chair of GRA. Tan's Notable Contributions to Road Safety Currently serving as commander of the Singapore Police Force’s Traffic Police unit, Tan has spearheaded various legal reforms to enhance road safety in the country. He championed major revisions to the demerit points system and adjustments to speed limits for heavy vehicles, contributing to a reduction in road incidents. The Ministry of Home Affairs expressed its pleasure in welcoming Tan as CEO of the GRA. It highlighted some of his prior achievements as commander of the Traffic Police, which included the introduction of modern Electric Vehicle Expressway Patrol cars and the utilization of artificial intelligence for improved detection of traffic violations. Additionally, Tan has held several roles within the Ministry of Home Affairs, including deputy commissioner of policy and transformation for the Singapore Prison Service, director of planning and organization for the Singapore Police Force, and commander of the Central Division of the SPF. 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.

(AsiaGameHub) -   The Star Entertainment Group is pressing forward with its internal organizational restructuring following the appointment of its new Chief Risk Officer. The announcement was posted by David Schollenberger himself on his personal LinkedIn profile, which highlights his lengthy career managing key compliance processes across multiple public and private gaming firms. This appointment is expected to help bolster the company’s standing after a stretch of financial belt-tightening. Notably, Schollenberger served as Director of Compliance and Policy at the Cyprus National Gaming and Casino Supervision Commission from 2018 to 2021. After that role, he joined Metric Gaming as Head of Legal and Compliance for a three-year term. One of his most recent prior positions was Senior Legal Counsel – International at Bally’s Interactive before he relocated to Australia to join The Star as Deputy Chief Legal Officer. Just two months into this role, he has now been named the company’s Chief Risk Officer. The move from Bally’s Interactive to The Star was not a random coincidence, either. In 2025, Bally’s Corporation — the former parent company of Bally’s Interactive (now owned by Intralot) — completed a deal to acquire a 38% stake in The Star Entertainment Group, worth AU$300 million (£158 million). SBC News readers will be aware that The Star reported a net deficit of AU$302 million in 2025, with year-over-year revenue falling by 25% and a AU$26 million decline in EBITDA. On top of that, The Star was investigated by the Australian Transaction Reports and Analysis Center (AUSTRAC) over suspected money laundering, which prompted the company to pledge substantial investments into its compliance infrastructure. The financial pressures were so severe that the company’s leadership was forced to sell its Queen’s Wharf venue in Brisbane in order to stay operational. At one point, The Star’s shares were temporarily delisted from the Australian Stock Exchange after the company missed the deadline to submit its financial filings. Since completing the deal with Bally’s Corporation, there have been several high-profile leadership changes at The Star aimed at getting the casino back on solid footing. In December, Bally’s Chair Soo Kim took on the role of Board Chairman, while Bruce Mathieson Jnr stepped into the newly appointed Chief Executive Officer position to replace Steve McCann, who resigned from the role. Now that Schollenberger is officially overseeing some of the company’s most strategic responsibilities, The Star appears determined to regain its former standing sooner rather than later. 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.

(AsiaGameHub) -   Colombia’s Constitutional Court has upheld its prior ruling, denying President Gustavo Petro and his administration the authority to enact "emergency tax decrees" without legislative approval from Congress. This ruling effectively mandates that the Humana government must discontinue the 19% VAT on gambling transactions that has been enforced since March 2021. The administration had originally introduced this tax via an emergency decree as part of a broader effort to increase levies on specific industries and their associated transactions. The Court rejected the emergency decree, which aimed to impose new tax measures on online gambling, tobacco, alcohol, and fuel, reiterating that any fiscal adjustments require formal scrutiny and approval by Congress. Following a review by constitutional judges, it was concluded that the "exceptional circumstances" invoked by President Petro did not satisfy the constitutional requirements of "exceptionality" and "unforeseeability." Consequently, Petro is once again prevented from using emergency powers to raise the VAT on alcohol from 5% to 19%, increase the tax burden on financial institutions by 15% (bringing the effective rate to 50%), or apply a 19% VAT to luxury items such as high-displacement motorcycles and yachts. Online gambling revenue was also subject to the proposed 19% VAT. In total, the government sought to generate roughly COP 11trn (€2.5bn) to mitigate growing social and fiscal challenges. While Petro informed Congress of his willingness to negotiate certain taxes, he maintained that he would not alter charges on gambling licenses, characterizing the industry as a sector that should be subject to "sin taxes." In its decision, the Court also suspended the legal validity of related measures, confirming that Legislative Decrees 1474 of 2025 and 044 of 2026 will remain inoperative pending further constitutional review. This ruling establishes clear boundaries on the executive branch's authority to circumvent legislative procedures, emphasizing that budgetary reforms must be handled through Congress. The focus now turns to lawmakers, as the taxation of gambling remains a priority on the political agenda. The National Congress of Colombia is currently evaluating alternative frameworks, specifically Decrees 0240 and 0241, which suggest a 16% levy on online gambling through two methods: one applied directly to operators and another charged at the point of customer deposit. These proposals also aim to broaden taxation to cover all payment methods, including cash, bank transfers, and potentially cryptocurrency, as part of a wider initiative to capture digital transaction flows. This renewed legislative effort follows the Court’s previous invalidation of a 19% VAT on online gambling based on gross gaming revenue (GGR), which was a key component of Petro’s fiscal strategy. With emergency powers off the table, the government is now utilizing standard legislative channels to seek approval. Fiscal strain continues to mount, with Colombia facing a budget deficit projected at up to COP 30trn, while tax collections have fallen short of expectations according to DIAN figures. Policymakers are increasingly identifying online gambling as a viable tax base to fund public spending, though industry representatives caution that cumulative taxes—particularly those aimed at payment channels and deposits—could stifle sector growth and diminish long-term revenue contributions. Congress is set to evaluate the technical execution of these proposals, including the determination of whether enforcement should be managed by the central government or Coljuegos, as well as how reporting and compliance requirements will be organized. For the gambling industry, while the immediate risk of taxes imposed via emergency decree has been eliminated, the trajectory is evident: taxation is inevitable, but it will be processed through Congress. 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.

(AsiaGameHub) -   The Powerball jackpot went unclaimed after Saturday’s draw and has continued to climb as tonight’s drawing draws near. With just a few hours left before the winning numbers are selected, participants are waiting anxiously to see if any of them will take home the $45 million jackpot. Powerball Jackpot Unclaimed After Saturday Drawing, Ticket Holder Wins $2.2M Prize The Powerball jackpot has kept growing because no player managed to match all six winning numbers in the draw held on Saturday, April 11. This result is not particularly surprising, though, as the last jackpot was awarded just a small number of draws ago. For context, the winning numbers for the April 11 draw were 6, 47, 49, 53, and 60, plus the red Powerball number 6. The Power Play multiplier for that draw was 2x. Had any player successfully matched all six winning numbers, they would have received a $36 million windfall ($16.4 million if they opted for the one-time lump sum payment option). While that outcome did not come to pass, one ticket holder from California came very close, matching all five white numbers and only missing the Powerball. As a result, they qualified for the Match 5 prize of $1 million. However, under the California Lottery’s pari-mutuel regulations, the winner will take home $2.2 million instead. Meanwhile, a total of fifteen players matched four white numbers plus the Powerball, with nine of these winners earning $50,000 each. The remaining six will take home $100,000 apiece, thanks to the Power Play feature they activated on their tickets. Since Powerball’s top prize was not claimed in the last draw, it has now reached $45 million for tonight’s drawing. The lump sum cash value of the current jackpot is estimated at $20.5 million. Delaware Ticket Holder Claimed the Most Recent Top Jackpot The previous Powerball jackpot was won just a few draws back, when a lucky player in Delaware matched all six winning numbers to take home a life-changing $231 million prize. Additionally, that same series of draws awarded a $2 million prize on March 5 to a Texas resident who had the Power Play feature active. In other lottery news, the Nary Lim Living Trust of Lowell recently won an impressive $4 million top prize from one of the Massachusetts Lottery’s scratch-off games. What makes this win notable is that it was the last remaining top prize for the $4,000,000 Gold 50X game. The win became even more noteworthy when a representative for the winning trust chose the annuity payment option instead of the lump sum payout. 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.

(AsiaGameHub) -   Singapore’s Gambling Regulatory Authority (GRA) is set to see a major leadership handover this June, when current Chief Executive Teo Chun Ching steps down from his post. Ching, who also holds the position of Deputy Commissioner of Policy, will be succeeded by Tan Sin Heng Daniel, who currently serves as Traffic Police Commander under the Singapore Police Force. His nearly eight-year tenure has covered both structural reform and technological progress. As the GRA noted, one of his most standout achievements was overseeing the 2022 restructuring that converted the Casino Regulatory Authority into the Gambling Regulatory Authority, which extended the regulator’s remit from only overseeing casinos to supervising all forms of gambling activity. This reorganisation was paired with a sweeping legislative revamp, including the introduction of the Gambling Control Act. This new framework replaced multiple outdated laws to enable a more flexible and responsive regulatory approach for the sector. Apart from legislative updates, Ching led the organisation’s digital transformation, during which the GRA upgraded its cybersecurity capabilities and developed sophisticated data analytics tools. These adjustments are reported to have boosted the GRA’s ability to identify and address risks including problem gambling and money laundering. Working in partnership with the Ministry of Home Affairs, the University of Oxford graduate also played a core role in revising the Casino Control Act in 2024. Daniel to take over GRA’s top leadership post Daniel will take the helm of the GRA at a time when the gambling landscape continues to evolve rapidly, not only in Singapore but across the world. With a career that has covered multiple senior roles across Singapore’s Home Affairs ecosystem, the 54-year-old brings a wide range of relevant experience. “As Commander of the Traffic Police, Mr Tan pushed forward major legislative changes that improved road safety, such as revisions to the demerit points system and expanded speed limiter requirements for heavy vehicles,” the GRA stated. “He also forged strong collaborative ties with government agencies and industry stakeholders to deliver safer road conditions for Singapore.” Previously, when serving as Deputy Commissioner (Policy and Transformation) at the Singapore Prison Service, the incoming GRA Chief Executive led major organisational and policy initiatives. The GRA believes Daniel’s experience integrating technology into operational workflows and managing complex policy environments puts him in a strong position to build on the foundations laid by Ching. It remains to be seen whether Singapore will maintain its strict crackdown on unlicensed operators, particularly as these entities have grown more prevalent across the globe recently. Unlicensed operators face a fine of SGD 500,000 (£292,000), as well as imprisonment of up to seven years. Repeat offenders are liable for an even higher penalty of SGD 700,000 and a prison term of up to 10 years, per GRA regulations. The jurisdiction issued a ruling against prediction markets platform Polymarket in early 2025, with Alex Zuo, Investment and Custody VP at Cobo Global, remarking at the time: “If you want to place a wager, you can only use a state-owned gambling company. Otherwise, you will face fines and jail time.” 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.

(AsiaGameHub) -   Torch Electronics, a top video gaming terminal (VGT) manufacturer, has decided to suspend its operations in Missouri. This significant decision comes as a response to the ongoing legal pressures in the state. Torch Electronics Ceases Operation of Its Machines Across Missouri Last Friday, Torch Electronics made the difficult choice to power down all of its machines throughout Missouri. The company, which supplies VGT machines to various retailers in the state, has been under heavy pressure from Attorney General Catherine Hanaway, who has threatened the VGT business with criminal prosecution. To provide additional context, Missouri lawmakers voted to crack down on the gray market VGT sector earlier this year. This measure was the culmination of a years-long conflict between VGT companies and state regulators. In its official announcement, Torch Electronics shared that both the U.S. Attorney’s office and the Missouri Attorney General’s office have signaled they plan to take legal action against its business. The company emphasized that it firmly believes it is in the right, but noted that it has decided to halt its operations in the state due to the severe harm prolonged legal proceedings could inflict on its business. “While we are confident in our position, criminal legal actions create real uncertainty for our business — and more importantly, they pose risks to all of you. We take this matter seriously, and we want to do everything we can to protect you,” the company stated in a letter sent to its retail partners. The company will only deactivate its machines across the state, however, and will not remove the equipment itself unless individual retailers specifically request it. Missouri Strengthens Its Crackdown on the VGT Sector Torch Electronics’ VGT products have operated in Missouri for years, offering entertainment that is largely similar to slot games. The key difference separating VGTs from traditional slots, though, is that these machines allow players to view the outcome of the next spin. According to supporters of this product category, this eliminates the element of chance, making VGTs a non-gambling product. However, many critics disagree, arguing that this format simply shifts the element of luck from one spin ahead to two spins ahead. Additionally, industry opponents have raised concerns about the widespread availability of VGT machines in convenience stores and restaurants, which could potentially expose local communities to the harms associated with gambling. While the VGT sector has remained resilient, Missouri has intensified its efforts to put an end to this gray-area gaming practice. Attorney General Hanaway has been a fierce critic of VGTs, stressing that they are illegal regardless of what suppliers may claim. 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.

(AsiaGameHub) -   Earlier this year, Texas officials took action against a card club in Round Rock over alleged violations, confiscating multiple assets during the process. While investigators initially suggested that money laundering might have occurred at the venue, these charges have now been dismissed. At the same time, the venue still faces illegal gambling allegations. The Lodge Underwent a Raid in March A month ago, Texas law enforcement raided The Lodge Card Club – a popular venue known for its private poker games. The raid also involved the Texas Alcoholic Beverage Commission (TABC), leading to a disruption that became mired in controversy. At the time, players complained that they were not allowed to cash out their chips and were forced to take the chips home with the hope of redeeming them later. Doug Polk, a renowned poker player and one of the venue’s owners, meanwhile, slammed the raid as a “witch hunt.” Although the club has remained closed, Polk promised that players would be reimbursed. Authorities went on to seize more than $2 million in assets, though no charges were ultimately filed. According to leaked documents, the raid was prompted by suspicions of a potential link between the venue and organized crime, money laundering, and illegal gambling. The Club Faces Illegal Gambling Allegations According to a document filed in the 480th Judicial District Court in Williamson County, the state will retain the seized funds, much to The Lodge’s dismay. The document also shows that the money laundering investigation has been dropped, clearing the venue of potential AML-related charges. However, this does not mean The Lodge will avoid future charges, as the document notes that the illegal gambling investigation will continue. For context, Texas generally prohibits commercial gambling but allows an exemption for private poker games where players do not receive economic benefits beyond personal winnings. Venues offering such games do not take a cut of players’ wagers but charge an hourly fee, thus complying with local law. Yet Williamson County authorities do not seem to approve of this arrangement, as the recent filing cites the club’s private poker scene as the reason for the raid. 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.

(AsiaGameHub) -   Australian crossbench MPs are cautioning that regulations for gambling advertisements on podcasts, social media, and through influencers must be strengthened to prevent the exploitation of regulatory gaps. According to a report by The Guardian, a spokesperson for Communications Minister Anika Wells stated that the government's planned partial ban on gambling ads will incorporate more "specific definitions" concerning the timing and placement of restrictions to close potential loopholes. She said: “Further details and specific definitions will be refined through the legislative drafting process, which will include consultation with key stakeholders.” The discussion concerning gambling advertising in Australia has persisted for a significant period. At the start of this month, Prime Minister Anthony Albanese detailed the Labor government's intention to implement "strong and decisive actions" to reduce gambling advertisements nationwide. He stated this move would offer better protection for young and vulnerable people. This position represents an escalation from a 2023 parliamentary report, referred to as the Murphy Report, which put forward 31 recommendations for reforming Australia's gambling regulations – a central proposal was a complete ban on gambling advertisements. However, the government's pace in enacting the report's recommendations has been relatively slow, leading to frustration among many backbench MPs. Closing gambling advertising loopholes The partial ban will mandate that streaming video, music, and podcast platforms, along with search engines and websites hosting gambling content, must verify that users are logged in, are aged over 18, and can choose to opt out of viewing betting content. Dubbed a 'triple lock functionality', the government anticipates this measure will reduce the public's exposure to wagering promotions. Nonetheless, The Guardian has cited "several industry sources" indicating that streaming services, including Apple Podcasts, are contemplating new age-verification systems. There are also suggestions that platforms might remove all betting content completely, arguing that no straightforward method exists to comply with the new rules. At present, regulations pertaining to individual podcasts remain ambiguous; questions have emerged regarding who is responsible for removing gambling advertisements or implementing the opt-out feature. Simone McCarthy, a Gambling and Public Health Researcher at Deakin University, argued that current rules require further tightening to address grey areas involving podcasts and social media. She said: “When people work with advertisers on podcasts, they often do an ad that is embedded in their podcast, so it … doesn’t sit separately to the whole content. If the ad itself is kind of built into the podcast itself, being read by the host, you can’t just turn that off. “We just know that podcasts are hugely popular with younger audiences and … they’re not easy to regulate in terms of age access and age gating that the government hopes to do. So I think it can create a bit of a blind spot in current policies that are built around platforms where audiences can be more clearly separated.” She added that this strengthening of rules should also extend to social media platforms, warning that content creators and influencers might discover methods to disseminate wagering content on sites like Instagram, X and others. “We know that if we leave gaps in gambling regulation, the industry doesn’t hesitate to just move into those gaps,” she said. The question of protection Earlier this month, Albanese clarified in a speech at the National Press Club that the crackdown on gambling ads is part of the government's effort to strike a balance between "letting adults have a punt if they want to, but making sure our children don’t see betting ads everywhere they look.” However, the effectiveness of the partial ban was questioned last week when a new report from the Office of Impact Analysis (OIA) concluded the measure would only cut the annual amount wagered by AU$62.7m (£33m) – a reduction of roughly 0.8%. The OIA's report indicated that the advertising restrictions would affect 2,461 industry participants, including betting firms, broadcasters, podcasters, and streaming services. Independent Senator David Pocock remarked that the presence of gambling ads in popular podcasts demonstrates how "this predatory industry innovates and pivots quickly to target new mediums and markets". He believes additional action is necessary. He said: “Protecting Australians, especially children and young people, from gambling advertising on popular online platforms from podcasts to Spotify to YouTube seems almost unworkable under the current proposal. “The government’s own analysis found that this partial ban is going to cost more to enforce and deliver less benefits to the nation.” Independent MP Kate Chaney, supported this perspective, suggesting the government's reforms need to reassign the responsibility for opting out of wagering ads. She added: “Calling it a ‘triple-lock’ makes it sound much more protective than it actually is – most families share streaming accounts and unless parents painstakingly go through each platform, website and streaming service and manually find and activate the opt-out options, gambling ads will continue to be seen. “There is little real-world evidence to suggest an opt-out model will reduce the social, emotional and financial harms caused by gambling in Australia.” The debate over how extensively gambling advertisements should be restricted in Australia continues intensely, with no immediate resolution in sight. Yet, judging by recent developments, demands for stricter limitations seem to be gaining traction – suggesting the era of hearing betting ads in podcasts or on social media may be drawing to a close. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. 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(AsiaGameHub) -   A coalition of Democratic lawmakers is calling on federal regulators to enhance their oversight of prediction market platforms, particularly in light of controversial bets made on U.S. military operations. US Lawmakers Raise Concerns Over Bets on Military Events In a letter dispatched on April 6 to the chairman of the Commodity Futures Trading Commission (CFTC), seven members of Congress expressed alarm regarding the swift growth of these platforms, asserting that current oversight is inadequate. They highlighted recent instances where individuals placed wagers on sensitive geopolitical events, including military actions and the well-being of American service members. The lawmakers voiced particular unease over a situation where users were permitted to speculate on the outcome of a mission involving two U.S. airmen whose aircraft was shot down in Iran. Despite the successful rescue of both individuals, the existence of such bets drew significant criticism. The letter stated that this type of activity crosses ethical boundaries and exposes deficiencies in regulatory enforcement. The signatories characterized the current environment as akin to a loosely managed marketplace and cautioned that questionable contracts continue to emerge despite existing regulations. They stressed that federal rules already prohibit trading on events connected to war, terrorism, or illegal activities, suggesting that enforcement, rather than new legislation, is the primary challenge. CFTC Faces Pressure Over Insider Trading Risks In addition to ethical considerations, the letter also raised the potential for insider trading. Lawmakers pointed to examples of traders who appeared to profit by anticipating government actions, such as military deployments or significant arrests. These cases, they contended, suggest that some participants might possess non-public information, thereby compromising market integrity. The CFTC has not yet responded to the lawmakers’ request. However, the agency is facing pressure to clarify whether it possesses sufficient authority and resources to effectively monitor and regulate these platforms. The letter includes a set of questions designed to ascertain why enforcement actions have been limited to date and whether additional measures are necessary. Prediction markets, operated by entities such as Polymarket and Kalshi, have seen a rise in popularity recently, enabling users to place financial bets on real-world outcomes ranging from election results to economic indicators. While proponents argue that these platforms can offer valuable insights into public sentiment, critics warn that they blur the distinction between financial instruments and gambling. Lawmakers have requested a formal response from the CFTC by mid-April, indicating that further scrutiny and stricter regulation may be forthcoming for this rapidly expanding sector. 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.