作者: nicole

Virginia Player Wins $2 Million Powerball Prize With Power Play; Jackpot Remains Unclaimed

(AsiaGameHub) -   The Monday Powerball draw has transformed another American into a millionaire after a lucky player in Virginia claimed a $2 million Match 5 prize, while the jackpot remains unclaimed and has reached $113 million. Virginia Player Wins $2M via Power Play On Monday, a player in Virginia narrowly missed the Powerball jackpot by correctly matching all winning numbers except the Powerball. Although the player could not win the $101 million jackpot, they secured a Match 5 prize instead. While the standard Match 5 prize is $1 million, the Virginia ticket holder won $2 million thanks to the Power Play feature. For reference, the winning numbers for the May 18 drawing were 4, 13, 34, 61, and 65, plus the red Powerball 12. The Power Play multiplier was 2x. In addition to the $2 million winner in Virginia, several players successfully matched four white numbers and the Powerball. Six such players secured prizes of $50,000 each, while a single player will take home $100,000 instead, thanks to Power Play. Since the jackpot went unclaimed, it has continued to grow and has now reached an estimated $113 million with a cash value of $49.6 million. The next drawing will take place on Wednesday, May 20. Multiple Winners Secured Large Powerball Prizes Recently The $2 million windfall in Virginia follows a $1 million Match 5 win in Georgia, as well as another Match 5 win in California. However, the latter win saw the player win $470,739 instead of the customary $1 million due to the fact that the California Lottery modifies the prizes based on the number of tickets sold. In terms of jackpots, five Powerball jackpots have been won so far in 2026. The two most recent ones include a $143 million prize that was shared by two winners. However, the real highlight of that drawing was dozens of Match 5 prizes, which happened due to winning numbers matching common player patterns. The next drawing saw another jackpot win happen as two separate players won the $20 million jackpot. This was the first time in several years that the jackpot had been won two drawings in a row. 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.

19 5 月, 2026

EveryMatrix Obtains Alberta License in Preparation for iGaming Market Entry

(AsiaGameHub) -   EveryMatrix, a provider of content for the iGaming industry, has been granted a license by the Alberta Gaming, Liquor and Cannabis Commission (AGLC) as the provincial market prepares for its launch. Alberta Presents a New Opportunity for EveryMatrix to Expand its North American Footprint This marks the latest North American jurisdiction where the company will have a presence. With the province's launch imminent, it offers another chance for the technology-focused company to deliver highly impactful solutions and bespoke games. EveryMatrix is already familiar with the operational landscape in Canada, having previously obtained a license in Ontario. The upcoming Alberta launch in July will further bolster the supplier's efforts to establish itself as a significant player in the local iGaming market. Rani Axon, EveryMatrix Market Manager for North America, expressed enthusiasm for this development, stating: “Entering Alberta represents an exciting milestone for the Group as we continue to expand into one of North America’s most appealing regulated markets. This approval underscores the proficiency of our compliance team and our preparedness to meet regulatory demands in any market.” In-house Games, Technology, and Aggregated Content to be Available in Alberta EveryMatrix will be introducing its top-tier technology stack, alongside games from its in-house studio, Fantasma Games, as well as aggregated content from third-party providers. EveryMatrix is experiencing rapid growth in the North American market and already holds multiple licenses. In addition to Ontario, EveryMatrix is licensed in New Jersey, Michigan, West Virginia, Connecticut, and Pennsylvania. 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.

19 5 月, 2026

A Michigan Woman Wins $1 Million in Lucky Stars Instant Game

(AsiaGameHub) -   A Michigan woman walked away with a $1,000,000 prize from the Lucky Stars Instant Win game earlier this month, ringing in Cinco de Mayo in thrilling fashion. The state lottery shared details of the win in an official statement, and interviewed the Genesee County winner to share details about how she claimed her prize.  Winner takes home a massive prize after purchasing her winning ticket with winnings from earlier tickets  Recalling the experience, the winner shared that she plays the lottery regularly, but had never planned to stop and buy the winning ticket that day.  “I went out with a friend to celebrate Cinco de Mayo, and when she suggested we stop to buy lottery tickets, we did just that,” she told the Michigan Lottery. The woman grabbed a handful of tickets first, spending $30, which she immediately put toward buying more lottery tickets at Liquor Wheel at 4117 Clio Road in Flint. She scratched off the coating right inside the store, and once she realized she’d actually won, she rushed out of the shop with tears streaming down her face — she had claimed the seven-figure grand prize.  Once the initial excitement faded, she naturally chose the most popular option — the one-time lump sum payment, which will let her quickly take care of a few pressing financial loose ends.  The winner has walked away with $693,000 from the lottery and visited the lottery’s headquarters to claim her prize. No official photo opportunity was shared by the lottery, however. The Lucky Stars instant game, which launched just recently, has been performing well, giving players a fresh instant lottery game to enjoy. 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.

19 5 月, 2026

Kalshi and National Council on Problem Gambling Collaborate to Advocate for Trader Health

(AsiaGameHub) -   Kalshi and the National Council on Problem Gambling (NCPG) have partnered to prioritize the well-being and safety of traders. To support this goal, the prediction market platform has pledged a $2 million, two-year investment toward the NCPG’s programs. Kalshi Becomes Part of NCPG’s Leadership Circle Through this partnership, the NCPG has established a new membership tier titled “Financial Services & Trading.” Kalshi serves as the inaugural member of this category, joining the NCPG at the Platinum level. Furthermore, Kalshi has been inducted into the NCPG’s Leadership Circle in recognition of its substantial financial support. This agreement underscores Kalshi’s dedication to trader welfare, as evidenced by its funding of the NCPG. It also acknowledges the significant expansion of the financial markets landscape and the shifts brought about by the emergence of sectors like prediction markets and cryptocurrency. Kalshi’s funding will support the Financial Trader Health and Safety Initiative, which aims to promote safe trading practices. The donation will also assist the NCPG in broadening its consumer education efforts, raising awareness regarding the indicators of problematic trading, and fostering responsible decision-making. The NCPG stated that it views cross-industry cooperation as increasingly vital as market environments continue to change. Innovation and Responsibility Must Evolve Together Heather L. Maurer, executive director of the NCPG, expressed her enthusiasm for Kalshi’s dedication. She noted that the funding will bolster the organization’s mission to enhance education, awareness, and the understanding of risky behaviors, while ensuring that traders have access to effective healthcare support. Innovation and responsibility can and must evolve together. Kalshi’s engagement demonstrates a commitment to mitigating harm before it occurs and ensuring support resources are accessible when they are needed. Heather L. Maurer, executive director, NCPG Tarek Mansour, co-founder and CEO of Kalshi, stated that while he believes in the potential of prediction markets, he recognizes the inherent risks involved. As prediction markets continue to evolve, we are deeply committed to setting a new standard for responsible trading by investing in the tools, education, and protections needed to promote healthy participation and customer safety and hope that over time all trading platforms with significant retail participation follow suit. Tarek Mansour, co-founder & CEO, Kalshi Meanwhile, Kalshi remains involved in regulatory challenges across several states amid broader industry scrutiny regarding prediction markets. Nevertheless, the company maintains its position that its offerings constitute trading rather than gambling. 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.

19 5 月, 2026

Sporttrade to Exit US Online Betting Market

(AsiaGameHub) -   Sporttrade has announced its decision to cease its online sports betting operations in the US, with its US-facing platform scheduled to close on June 26. This move appears to represent a reversal from Sporttrade's prior efforts to obtain CFTC approval for its prediction market products. Sporttrade to Exit the US OSB Market on June 26 Sporttrade, which had previously appeared optimistic about its US expansion, has made a significant shift in strategy by announcing the discontinuation of its online sports betting markets. According to a company announcement made on May 15, all betting activities on Sporttrade will conclude on May 25. The company clarified that players in New Jersey will have until this date to withdraw their funds. However, players located in Arizona, Colorado, Iowa, and Virginia will have until June 25 to do so. Sporttrade also confirmed that June 26 will be the final date for all platform access for all users. The company stated that any players who have not withdrawn their funds by this date will receive checks mailed to their registered addresses. Sporttrade Sought Traditional Regulation Sporttrade's experience in the US market suggests that being ahead of the curve can sometimes be detrimental. The company had consistently aimed to offer a prediction market-style product. However, its US launch predated the establishment of the CFTC-regulated prediction markets sector, compelling it to pursue licenses typically associated with traditional gambling operators. Once the CTFC framework was established, Sporttrade's competitors were effectively permitted to operate nationwide, placing the company at a significant disadvantage. Subsequently, Sporttrade submitted an application to the CFTC, seeking designation as a contract market and derivatives clearing organization. At the time, Sporttrade's leadership highlighted that CFTC approval would enhance the company's operational efficiency and enable it to continue offering its products in a secure and transparent environment. However, the CFTC approval process proved to be both time-consuming and expensive. Prediction Markets Are a Point of Contention Meanwhile, prediction markets continue to be a subject of debate in the US, with many established gambling industry regulators, stakeholders, and tribal gaming organizations expressing concerns regarding the sector's rapid expansion. In addition to reservations about the CFTC-based regulatory structure, numerous parties have voiced worries about the potential for insider trading. 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.

19 5 月, 2026

Spinomenal Expands Presence in Estonia Through Entain NCE Partnership

(AsiaGameHub) -   iGaming suppliers across the industry continue to prioritize leading European markets, and the latest notable move comes from Spinomenal, which has just unveiled a new content partnership with Entain North and Central Europe—Entain NCE for short. Spinomenal and Entain Deepen Their Partnership with Estonia Content Launch This collaboration specifically targets the Estonian iGaming market, a vibrant and fast-growing region that both companies are eager to explore further. In particular, Spinomenal is now expanding the local content libraries of Entain NCE’s brands Nijna Casino and Boost Casino with popular blockbuster titles like Majestic King, Demi Gods V, and Fairytale Beauties 2. The content aggregation is being executed in partnership with Light & Wonder’s OpenGaming platform. Yossi Shayovits, Spinomenal’s Head of Business Development, welcomed the chance to see the supplier’s games integrated once again with major iGaming brands in one of the region’s most promising markets. “This is an important part of a broader, evolving relationship across different markets, and we look forward to what comes next,” Shayovits explained. Andreas Larsson, Entertain Casino Manager, was similarly pleased to see this partnership come to life. Larsson added that Spinomenal has been creating content that players truly love and enjoy, and the new collaboration marks the next chapter in a “highly productive partnership that we expect to deliver strong results.” 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.

19 5 月, 2026

Polymarket Trading Activities Linked to Coordinated Bets Trigger Abuse Concerns

(AsiaGameHub) -   A fresh wave of allegations is drawing renewed scrutiny to prediction markets, following blockchain analysts' discovery of a seemingly highly coordinated string of lucrative wagers linked to U.S. military operations in Iran. Research by analytics firm Bubblemaps shows that nine interconnected Polymarket accounts jointly earned $2.4 million by precisely forecasting sensitive geopolitical developments. The Accounts Attempted to Mimic Normal Behavior According to a recent CBS report, the suspicious trading activity occurred around U.S. military actions in late February, fueling concerns that confidential information may be leaking onto prediction platforms. Bubblemaps states that the implicated accounts were set up just days before the initial American strikes. These wallets demonstrated a nearly flawless record on events related to Iran, correctly anticipating the timing of military strikes, leadership changes, and a temporary ceasefire agreement. Beyond their remarkable accuracy, the accounts also displayed a consistent pattern: each included small losing bets, typically under several hundred dollars, scattered throughout their trading history. Investigators believe these losses were a deliberate tactic to simulate ordinary user behavior and evade detection, while their larger wagers were consistently well-placed. We identified nine connected Polymarket accounts that collectively made $2.4 million by betting almost exclusively on U.S. military operations. Nicolas Vaiman, Bubblemaps CEO Nicolas Vaiman, CEO of Bubblemaps, noted that determining the nationality of these accounts is almost impossible without direct confirmation from Polymarket. The sole identifying detail was one account’s username, “whopperlover.” Nonetheless, the group’s trading behavior has remained consistent, concentrating almost entirely on speculating about U.S. involvement in Iran. The Regulatory Response Remains Slow and Largely Ineffective Bubblemaps’ investigation found that millions in profits were funneled to centralized exchanges like Bybit, Binance, and HTX, frequently routed through intermediary services to obscure the transaction trail. These methods have complicated efforts to determine whether the accounts belong to a single individual or a coordinated network. This revelation comes on the heels of a recent case in which a U.S. soldier stationed at Fort Bragg was arrested after being charged with exploiting insider information to profit from military actions in Venezuela. Platforms such as Polymarket maintain they merely offer a venue for price discovery, where users act based on their own beliefs and publicly available information. Yet, these two incidents raise concerns that prediction markets may be emerging as a favored channel for insider trading. The growing controversy has prompted some lawmakers to call for tighter regulations on prediction markets, while others argue that current financial laws already address such misconduct. The Commodity Futures Trading Commission has pledged to pursue traders who misuse improperly obtained data. However, the agency acknowledged that not all informed trading constitutes illegality, leaving room for potential exploitation. 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.

19 5 月, 2026

Super Group’s Betway appoints Guti as brand ambassador for Spanish market amid football sponsorship trend

(AsiaGameHub) -   Super Group-owned Betway has appointed former Real Madrid star Guti as a new brand ambassador for its operations in the Spanish market. The collaboration enhances Betway’s expanding portfolio of football ambassadors, reflecting operators’ increased investment in athlete-driven marketing strategies in preparation for the 2026 FIFA World Cup cycle. This move follows Stake’s acquisition of Belgian legend Eden Hazard and GR8_Tech’s partnership with the rumoured-to-be-appointed Real Madrid manager José Mourinho. Guti, whose full name is José María Gutiérrez Hernández, is widely recognized as one of Real Madrid’s most iconic academy graduates. Having developed through the club’s youth system, he made his senior debut in December 1995 and spent 15 years as a consistent presence in the first team, accumulating 542 appearances for Real Madrid, scoring 77 goals, and securing 15 major trophies. On the international stage, Guti earned 13 caps for the Spain national football team between 1999 and 2005. After retiring from professional play in 2012, he transitioned into coaching roles with both Real Madrid and Beşiktaş, before taking over as head coach of UD Almería in 2019. Most recently, he has become a well-known television pundit within Spanish football media. “I’m thrilled to join Betway Spain as an ambassador,” said Guti. “My experience at the highest level of football taught me that excellence and dedication go hand in hand; today, I’m honored to embody those principles alongside a leading market player and share this journey with all of you.” Changes of scenery at Super Group’s Betway The announcement comes shortly after Super Group released its Q1 2026 results, which reported revenue of $612 million (£452.4 million). These results also marked a strategic shift, as the company now presents revenue under ‘Africa’ and ‘International’ segments, rather than the traditional ‘Betway’ and Spin divisions. Chief Executive Officer Neil Menashe confirmed that the business has “strengthened sports trading capabilities ahead of the World Cup”. A leadership change has also taken place at Super Group, with Kirsty Ross replacing Jason Kenny as Chief Operating Officer. All efforts are now focused on preparing for the World Cup, particularly for the Betway brand, and leadership expressed enthusiasm about their latest brand ambassador. Ignacio Alonso, Marketing Manager for Betway Spain, stated: “Guti joins Betway as one of the greatest legends in Real Madrid’s modern history. He embodies loyalty to the club, outstanding performance, and the purest form of talent in world football, making him the ideal ambassador for Betway in Spain.” 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.

19 5 月, 2026

Nitro Circus Stunt Invades Boulder Station Casino in Las Vegas

(AsiaGameHub) -   Early this morning, patrons on the gaming floor of Boulder Station were taken by surprise as a motocross bike roared between the slot machines and table games. Action star Travis Pastrana did not pause to interact with fans, instead speeding past the astonished onlookers towards the Railhead showroom before disappearing as quickly as he arrived. The stunt, though brief, certainly made an impact. The Nitro Circus 2.0 Will Not Be Coming to Vegas None of Boulder Station’s guests had prior knowledge of Pastrana’s intentions, as the casino floor had no announcements or safety barriers in place. However, even the noise of a motocross bike wasn't enough to distract some patrons. Only a few looked up. In a video clip shared after the stunt, a blackjack player barely glances up as Pastrana passes just a few feet from her table. The juxtaposition of a high-stakes spectacle cutting through the routine of casino life effectively captured attention. This ride-through served as a preview for Nitro Circus 2.0, the latest iteration of the action-sports tour that Pastrana co-founded over twenty years ago. Although the summer schedule does not include Las Vegas, the city proved to be an ideal location for promoting the event. Boulder Station, which is affiliated with Nitro Circus' parent company, became the backdrop for a unique appearance that managed to turn heads in a city renowned for its entertainment. The timing was also deliberate. Just hours later, another daring feat occurred on the Strip, with Colby Raha executing a record-setting 94-foot motorcycle jump over the Caesars Palace fountains. The Strip Has a Long History of Breathtaking Stunts Spectacular stunts have always been an integral part of Las Vegas' identity. Evel Knievel's unsuccessful attempt at jumping the fountains in 1967 remains a significant part of the city's lore. Pastrana paid homage to this history in 2018, successfully clearing the same obstacle after leaping over multiple vehicles. However, his latest stunt demonstrates that elaborate, televised events are not always necessary to capture public interest. Pastrana's ride through Boulder Station did not involve tickets or designated viewing areas. The audience consisted of whomever happened to be present, along with everyone who would later view the footage on their mobile devices. The spontaneous nature of the stunt enhanced the experience, lending it a sense of authenticity that a more conventional promotion might have lacked. This stunt could offer a valuable lesson for venue operators and event organizers, reminding them that in a city saturated with entertainment options, surprise remains a highly effective marketing strategy. A few seconds of the unexpected, strategically placed, can reach a wider audience than the immediate location. 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.

19 5 月, 2026

Bally’s Intralot nearly triples revenue but debt continues to head towards €2bn mark

(AsiaGameHub) -   Bally’s Intralot achieved a significant year-on-year increase in turnover during Q1 2026, as the company's acquisition of Bally’s International Interactive (BII) substantially expanded its scale, online gaming operations, and profitability. The newly combined entity reported first-quarter revenue of €268.1 million (£232.7m), marking an 180.5% increase compared to €95.6 million in the same period last year. Adjusted EBITDA surged by 231.8% to €100.2 million (Q1 2025: €30.2 million). The EBITDA margin improved to 37.4%, up from 31.6% in the corresponding quarter of the previous year. This growth was primarily driven by the October 2025 acquisition of BII, which contributed €183.9 million in revenue and €72.7 million in adjusted EBITDA during the quarter, achieving a 39.5% EBITDA margin. Due to the deal, Athens-listed Bally’s Intralot has transformed into a larger online-focused gaming operator, with its strategic ambitions beginning to materialize as it pursues a cost-effective acquisition of LSE-listed evoke. Management highlighted sustained performance in the company’s UK online business, where revenue grew by 10.5% year-over-year during the quarter. This upward trajectory could accelerate significantly if the £225 million deal for the William Hill owner proceeds, although negotiations were postponed until 8 June. Preliminary figures for April indicated continued momentum in the UK market, with revenue reaching £52 million—an 11.5% increase from the prior year—despite upcoming changes in gaming duty and broader regulatory challenges affecting the sector. Bally’s Intralot’s B2B challenges While the BII acquisition fueled headline growth, legacy operations delivered mixed results. Excluding BII, legacy revenue declined by 11.9% on a reported basis and 7.1% in constant currency terms. The downturn was attributed to foreign exchange pressures, weaker lottery activity in the US, and adjustments to the compensation model at Turkish betting platform Bilyoner, which saw revenue fall by 19.2% to €16.6 million. Despite softer revenue trends in legacy segments, profitability demonstrated resilience, with legacy adjusted EBITDA declining only slightly while maintaining EBITDA margins above 32%. The company also underscored the stability of its B2B lottery technology division, where EBITDA remained stable despite lower revenue. However, US B2B revenue dropped by 6.2%, and overall B2B revenue decreased by 10% to €63.5 million. On a pro forma basis, combining Bally’s Intralot and BII for the trailing twelve months ending 31 March 2026, the group would have generated €1.06 billion in revenue and €427.2 million in adjusted EBITDA. Tackling the debt situation However, the acquisition has substantially increased the company’s debt burden. As of 31 March 2026, Bally’s Intralot recorded total debt of €1.75 billion and adjusted net debt of €1.49 billion. The company maintains solid liquidity, supported by €257.3 million in cash and a fully undrawn €160 million revolving credit facility. Nevertheless, this elevated debt level has raised concerns regarding a potential evoke acquisition. Evoke itself carries £1.9 billion in debt; thus, a merged entity would have over £3.4 billion in liabilities—a key factor that may have contributed to the delay in yesterday’s negotiations. Despite these financial hurdles, Bally’s Intralot Chief Executive Officer Robeson Reeves expressed strong interest in acquiring the struggling group. “We see a compelling opportunity to bring our operating model to a significantly larger business,” he stated. Management also pointed to ongoing expansion opportunities following the quarter—including recently finalized agreements such as a new 15-year electronic gaming machine monitoring license in Victoria, Australia, and a long-term lottery and sports betting technology partnership with Chile’s state-run lottery operator, Polla Chilena de Beneficencia. The primary challenge ahead will be managing continued growth alongside debt reduction, particularly as the company navigates increasingly stringent regulatory landscapes and potential major mergers and acquisitions. 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.

19 5 月, 2026

Banijay’s betting revenue reaches €326m prior to Tipico integration

(AsiaGameHub) -   Betclic and Tipico owner Banijay Group is advancing its strategy for betting and media leadership in Western continental Europe, as evidenced by its Q1 2026 results. The Amsterdam-listed company posted a 9% rise in total group revenue to €1.15bn (£998m), compared to €1m in Q1 2025. Adjusted EBITDA increased 5.4% to €196.6m (£186m), while adjusted net income grew 18.1% to €56.9m. Banijay's entertainment division remained the largest revenue contributor, posting a 4.5% increase to €714.5m. Nevertheless, this growth rate was significantly exceeded by the performance of the group's betting segment. Revenue from betting and gaming, which during Q1 came exclusively from the Betclic online sportsbook, expanded by 14.4% to reach €326m. The company credited this growth to consistent player activity, noting that returns could have been higher without 'adverse sports results' in both international and domestic football tournaments. Revenue from casino, poker, and turf betting surged by 27%. Banijay linked the success of its iGaming business to the introduction of a new online poker platform in France and the launch of an online casino in Côte d’Ivoire early in 2025. François Riahi, Chief Executive Officer of Banijay Group, stated: "We are off to a robust start in 2026, fueled by strong momentum in our sports betting, gaming, and live activities. We look forward to a year featuring major sporting events, key strategic initiatives, and transformative mergers and acquisitions." Tipico M&A positions Banijay for European expansion The 'transformative M&A' mentioned by Riahi refers to the purchase of Tipico, a Malta-based online sportsbook focused on the DACH region and Germany's largest betting and gaming operator. Banijay finalized the agreement to buy Tipico last year, partly funding the deal by divesting its stake in bet-at-home—another sportsbook targeting the DACH market that has faced challenges recently due to German and Austrian tax pressures. The acquisition of Tipico last year, integrated by late April 2026, is establishing Banijay as one of continental Europe's leading betting and gaming firms, though it now has a prominent presence in two markets with significant tax liabilities. France presents particularly substantial tax obligations. A new tax system introduced last summer applies a 59.3% rate to online sports betting gross gaming revenue (GGR), 42.1% to retail sports betting GGR, 69% to lottery GGR, and 10% to online poker GGR. Despite this, the market still holds potential. Regulators in France have considered permitting online casino operations, but opposition from the land-based industry along with health and charity groups has delayed these plans. In this context, Banijay's management expresses confidence in the ongoing expansion of its sports betting and gaming units, pointing to product innovation and a 20% rise in unique active players—which Riahi called "the key commercial KPI." "This highlights the strength of our product and customer offering, and we are in a strong position leading into this summer's FIFA World Cup," the CEO added. With the Tipico integration finished, Banijay is also pursuing merger and acquisition goals in its entertainment division. The group is already a significant force in this area, known for producing hit reality series such as Big Brother and TV dramas like Peaky Blinders. Providing full-year forecasts, Banijay anticipates adjusted EBITDA to grow in a mid-single-digit or mid-to-high single-digit range. This projection does not account for the impact of the higher betting tax in France. Riahi concluded: "2026 is also a pivotal year for Banijay Group. After finalizing the Tipico acquisition, we are making good progress toward combining Banijay Entertainment with All3Media, expected in summer 2026. "Collectively, these deals will greatly enhance our scale, international presence, and intellectual property capabilities spanning content, live experiences, and sports betting and gaming. "These solid first-quarter results enable us to reaffirm our 2026 outlook and stay focused on implementing our strategy to achieve sustainable growth and create value for our shareholders." 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.

19 5 月, 2026

World Poker Tour to Return to Sydney for Major 2026 Festival

(AsiaGameHub) -   The World Poker Tour is returning to Australia later this year, with the highly anticipated WPT Australia festival officially scheduled to take place at The Star Sydney from September 10 to 30, 2026. The event will once again bring together poker enthusiasts from across Australia and around the world for one of the nation’s largest poker gatherings of the year. Major Tournaments and Satellite Qualifiers Two headline championship events will anchor the schedule. First, the AUD 1,500 WPT Prime Australia Championship, running from September 17 to September 22, followed by the AUD 5,000 WPT Australia Championship from September 24 to 30. Organizers have confirmed that the final tables of both championships will be livestreamed, enabling fans worldwide to follow the action live from Sydney. In addition to the main events, the series will feature a complete schedule of tournaments and satellite qualifiers, providing players with opportunities to compete in the premier events at reduced entry costs. The lineup also includes an AUD 500 Ladies Australian Championship on September 15 and 16, alongside Pot Limit Omaha contests, bounty tournaments, and various other poker formats. "Thrilled to Return to The Star Sydney" "We are thrilled to return to The Star Sydney for another WPT Australia festival," said WPT chief executive officer Adam Pliska. "Australia remains one of the most passionate poker markets globally, and we look forward to welcoming players from around the world as we crown the next WPT Champion." The Star Sydney is expected to serve once again as a major draw for both poker participants and international visitors, offering luxury accommodations, fine dining, entertainment, and vibrant nightlife throughout the festival. This Australian stop is part of the second half of the World Poker Tour’s Season 24 calendar, which also includes upcoming events in Cyprus, Jacksonville, Austin, San Jose, Las Vegas, and other destinations yet to be announced. 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.

19 5 月, 2026

LuckyStreak Expands Reach via QTech Games’ Aggregation Platform

(AsiaGameHub) -   LuckyStreak, a world-leading provider of live casino games, has expanded its global reach through a partnership with tech company QTech Games, which offers solutions in the iGaming sector, and notably one of the most accomplished game aggregation platforms. LuckyStreak Now Set to Drive Further Forays in Africa, Latin America Through QTech Games  While QTech Games has a strong focus on emerging markets, the platform has been adopted well across the iGaming landscape globally, and it has now strengthened its content variety through LuckyStreak’s best-in-class live dealer games. Commenting on this opportunity to expand its presence globally, LuckyStreak commercial director Rory Kimber had this to add: “We’re delighted to be working with QTech, a truly global iGaming platform solutions provider, to distribute our products to the wide range of operators they serve in a vast array of their growing markets.” Kimber noted that an inherent strength of the partnership was not simply adding more content that can be injected as a blanket option, but a portfolio that has been localized to offer the best value to players, “perfectly suited to the breadth of territories that QTech serves.” LuckyStreak brings a unique brand of live casino games that are broadcast and operated from the company’s studio in Riga, Latvia, and already serve thousands of online casinos worldwide. Combining traditional gameplay, HD-quality streaming, and intuitive gameplay, LuckyStreak has quickly emerged as a proper challenger to companies such as Evolution and Playtech, delivering a deeply original and highly impactful content. LuckyStreak has gone beyond mass market games, offering plenty of wiggle room for customization, native-speaking dealers, and a simple UI and UX meant to boost engagement and retention. LuckyStreak Hailed for Its Focus on Customization and the User Experience QTech Games CEO Philip Doftvik has been similarly upbeat about the partnership and its longer-term implications. “LuckyStreak’s commitment to delivering engaging live-player experiences offers players, who love these games, the visceral thrill of playing in a real-world casino,” he noted, pointing out that QTech was now focusing its efforts to drive fresh forays and hook up with new audiences in crucial emerging markets such as Latin America and Africa. Doftvik similarly hailed LuckyStreak’s attention to customization and an experience designed to bring the best possible UX to players. LuckyStreak has been growing its footprint through aggregation deals for many years now, including a tie-up with Red Rake Gaming in 2023. 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.

19 5 月, 2026

Octoplay Enters Italian Market with StarCasino Amid Rising iGaming Demand

(AsiaGameHub) -   Octoplay, a leading provider of innovative and creative online casino games, has broadened its presence in the Italian iGaming sector through a new partnership with StarCasinò, marking its third significant collaboration in the country within recent months. Octoplay Secures Another Major Content Agreement in Italy Earlier this year, Octoplay expanded its market reach via content collaborations with PokerStars and Sisal. The company is now strengthening its relationship with Betsson Group, which operates under the StarCasinò brand. In addition to its Italian expansion, Octoplay has extended its European presence by launching partnerships with bet365 and BetVictor in the United Kingdom, as well as forming a deal with Luckia in Spain. Octoplay’s newly appointed CEO, Ralitsa Georgieva, expressed her enthusiasm about these developments. She recently assumed the role of chief executive officer at Octoplay. “StarCasinò represents our third major tier-one operator launch in Italy over the past few months, highlighting the rapid pace at which we are establishing our footprint in one of Europe’s most vibrant markets,” commented Georgieva on the latest agreement. Fabio Denegri, Business Director for Italy at Betsson Group, also welcomed the partnership, describing it as an opportunity to bring “pure energy” to their platform. “We are confident that Octoplay’s content will appeal strongly to Italian players, further solidifying our reputation as a leader in innovation within the regulated market,” stated Denegri. Last May, the company also entered the Danish market through a collaboration with Danske Spil and has since continued to expand its regional network consistently. Octoplay offers a diverse portfolio of titles, including Alice in Cashland, Most Wanted Hold & Win, 3 Scarabs of Fortune, Gone Bassin, among others. 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.

19 5 月, 2026

Prediction Markets See Rising Incidents of Suspicious Trading Activity

(AsiaGameHub) -   In a recent Reuters report, prediction markets were once again brought into focus—this time due to suspicious trades that may indicate insider trading, the act of leveraging confidential, non-public information to sway real-world event outcomes. Suspicious Trades Remain Key Issue for Prediction Market Platforms Despite heightened oversight and efforts by prediction markets to eliminate such misconduct, these incidents continue to rise. A particularly notable example involves a U.S. soldier who allegedly used advance knowledge of a military operation to earn more than $400,000 through trades on Polymarket, a leading prediction market platform. Kalshi, currently the dominant player in the U.S. prediction market sector, has recorded approximately 400 suspicious trades since the start of the year, underscoring both the sector’s rapid growth and persistent attempts by individuals to gain unfair advantages. Meanwhile, concerns have intensified over the psychological impact prediction markets may be having on young people, particularly men. Speaking to the publication, Stanford Law School professor Joseph Grundfest noted that the widespread “gamification” of prediction markets—their capacity to offer wagers on nearly any global event—makes it increasingly difficult to distinguish trades based on insider information from those made with public knowledge. Spotting Insider Trading for Non-Financial Events Is a Challenge “In corporate insider trading cases, it’s often fairly straightforward to identify individuals with access to material nonpublic information who might illegally trade on it,” the professor explained, adding that these newer types of prediction contracts were not originally designed with such safeguards and are hard to monitor for insider influence. Alarmed by questions over fairness, prediction market platforms have begun enhancing their protective measures, implementing new tools and protocols aimed at curbing the misuse of sensitive information. Mainstream sports betting operators have adopted a more measured optimism, viewing prediction markets as a promising avenue for future growth. The investigation into the high-profile U.S. soldier case has demonstrated that platforms do possess certain investigative capabilities and reach in addressing insider trading, suggesting that offenders could ultimately face legal consequences. At the same time, sports leagues have been actively engaging with prediction market companies, urging stricter controls around specific events or even the removal of certain markets altogether, citing the elevated risk of insider manipulation. 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.

19 5 月, 2026

Analysts maintain bullish stance on Flutter Entertainment despite recent challenges

(AsiaGameHub) -   Speculation regarding the outlook for Flutter Entertainment has intensified in the weeks following its Q1 2026 financial report, which coincided with the unexpected departure of FanDuel CEO Amy Howe. The company posted corporate revenues of $4.3bn (£3.5bn), a 17% increase over the $3.66bn recorded in Q1 2025, though FanDuel’s sportsbook revenue remained flat at $1.14bn. Furthermore, the firm’s second-largest market, the UK and Ireland, faces the prospect of significant tax increases, particularly in the UK. Profitability was another point of concern, as net income fell 38% to $209m (compared to $335m in Q1 2025). This decline was driven by rising operational costs, amortisation related to acquisitions, and restructuring expenses within the US division. Questions have also surfaced regarding the growing influence of prediction markets. Platforms such as Kalshi and Polymarket are establishing a presence in the US—Flutter’s primary market—and operate under the oversight of the Commodity Futures Trading Commission (CFTC), whereas Flutter is governed by state-level gaming control boards. While the company has attempted to enter this space with the launch of FanDuel Predicts, some industry observers suggest the move may have come too late to be effective. Howe’s exit was part of a trio of leadership transitions. Christian Genetski has taken over as CEO of FanDuel, while Dan Taylor, previously the CEO of Flutter International, has moved into the newly established position of President of Flutter Entertainment. Flutter’s status as a public company is also under scrutiny. The Q1 results were accompanied by the news that the firm is reconsidering its listing on the London Stock Exchange. Although the business only shifted its primary listing to the New York Stock Exchange in May 2024, it appears it may be preparing to withdraw from London entirely just two years later. The group's share price has declined by nearly 50% over the last five years and by more than 61% in the past 12 months, with shares currently valued at approximately $96. Nevertheless, in comments to SBC News, analysts at Macquarie suggested that stabilization is beginning to occur, even as the global gambling leader deals with slowing US sportsbook growth, regulatory shifts, and the rise of prediction markets. In a research update released earlier this month, Macquarie maintained its “Outperform” rating for Flutter but revised its price target from $200 down to $190. “Flutter has built a diverse portfolio of top-tier brands and technology through a proven and repeatable M&A strategy, making it, in our view, a premier way to capitalize on global trends in online gambling and legalization,” the report stated. The investment bank pointed to dampened sector sentiment and increasing uncertainty surrounding prediction markets and software risks as the primary reasons for the adjusted valuation. Despite the lower target, analysts Chad Benyon, Aaron Lee, and Sam Ghafir noted that Flutter’s current valuation is becoming more attractive, with shares trading at roughly 7x projected 2027 EBITDA and 8x forward earnings. Macquarie characterized the Q1 2026 results as a positive step, with both revenue and EBITDA ($631m) slightly exceeding market expectations. The analysts highlighted that a 19% year-over-year growth in iGaming helped mitigate the slower momentum in US online sports betting. International performance was driven by strong results in Italy, along with promising early trends in the Brazilian market. Flutter also stood by its full-year 2026 projections, targeting roughly $18.3bn in revenue and $2.9bn in EBITDA. Flutter banking on major sports events However, Macquarie noted that the recovery is expected to be concentrated in the second half of the year, as Q2 EBITDA guidance came in approximately 15% below consensus estimates. The report indicates that Flutter is relying on several strategies to stimulate growth, including expanded loyalty initiatives, product enhancements, improved sportsbook mechanics, and broader operational efficiencies. Major sporting events, such as the 2026 FIFA World Cup and the upcoming NFL season, are also expected to serve as significant catalysts for success later in the year. Macquarie argued that Flutter’s scale and diversified brand assets continue to offer a major competitive edge over other gambling and prediction market platforms. The group owns a variety of prominent betting and gaming brands, including FanDuel, PokerStars, Paddy Power, Betfair, and Sky Betting and Gaming, while holding leading positions in multiple regulated jurisdictions. Through FanDuel, the company also manages approximately 39% of the US gambling market, which has seen rapid expansion in recent years. Management appears to share the analysts' positive outlook. In addition to an active $250m share buyback program—part of a larger $5bn initiative—directors have recently been purchasing shares. Last week, Carolan Lennon and Sean Wickham, identified as an “Independent Non-Executive Officer” and a “Person Closely Associated,” respectively, bought more than £35,000 worth of Flutter stock. Just days prior, on May 12, CEO Peter Jackson increased his stake in the firm, while Chair John Bryant and Non-Executive Officer Stefan Bomhard also acquired more shares. The Macquarie report also emphasized Flutter’s potential for strong long-term cash flow. While the company is expected to maintain over $10bn in net debt through 2026, Macquarie predicts free cash flow will improve significantly, rising from $407m in FY 2025 to an estimated $1.26bn in 2026 and nearly $2.75bn by 2028. Key risks noted by analysts include stricter gambling oversight, tax increases, slower legalization in North America, and rising competition from prediction markets. However, Macquarie and company insiders remain optimistic about the world’s largest online gambling PLC, despite these challenges and the recent downturn in its stock price. 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.

19 5 月, 2026

Gambling Firm Seeks Trademark for ‘Bangaranga’ Following Eurovision Victory

(AsiaGameHub) -   Just days after Bulgaria’s song “Bangaranga”, performed by DARA, won this year’s Eurovision contest, a proposal has emerged to register the name “Bangaranga” as a European trademark, raising concerns about intellectual property and the commercial exploitation of cultural success. Mystery Applicant Files ‘Bangaranga’ Trademark for Gaming Use The application was submitted on May 17 with the intellectual property office of the European Union, according to public records. It is not known whether the singer DARA or her production team filed it, but it is believed to be linked to a company operating in the gaming sector. The application covers gaming machines, betting chips, and related services, as reported. At present, the identity of the applicant remains undisclosed. Procedural regulations require such details to be kept confidential until initial processing and payment are completed. However, legal experts have noted indicators suggesting Bulgarian involvement, including the use of Bulgarian as the procedural language and representation by a local attorney, as reported by the Bulgarian news outlet OFFNews. The trademark request extends beyond the word itself. It also includes a distinctive visual concept, meaning the applicant intends to introduce branded designs associated with the name in commercial settings. Legal perspectives on the matter differ. Some experts caution that the timing of the filing—shortly after the song achieved international acclaim—could indicate an attempt to capitalize on its sudden popularity. In their view, such actions may be challenged if they are found to exploit an established reputation unfairly or to hinder legitimate use by the original creators. ‘Bangaranga’ Case Highlights Law vs Hype in Trademark Fight Others argue that the situation should be assessed strictly within legal parameters. A representative associated with the application stated that the initiative originates from a Bulgarian company with international operations and emphasized that it is preferable for a Bulgarian entity to act rather than a foreign one. They also highlighted that copyright protections do not automatically confer exclusive rights over individual words, even when those words gain widespread recognition. In support of this position, the representative argued that the popularity of a familiar phrase does not need to conflict with artistic achievement, pointing instead to broader commercial dynamics where well-known names generate interest across multiple industries. Meanwhile, concerns have been raised that DARA’s team has not yet secured trademark protection for the song title. They maintain they still have time to oppose the application during a designated period or pursue legal action if necessary. It was also disclosed that the domain name “Bangaranga” had been registered earlier this year by a cosmetics firm, shortly after the track was chosen for Eurovision participation. This revelation adds further complexity to the competition for the commercially valuable name, illustrating how quickly intellectual property opportunities can be seized following a major cultural milestone. 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.

19 5 月, 2026

US Lawmakers Propose Ban on Online Gambling Ads for Minors

(AsiaGameHub) -   Amid growing concerns about increased gambling among young people, a new bipartisan effort in Washington aims to reduce minors' exposure to online gambling advertisements.  Bipartisan Bill Seeks to Block Online Betting Ads Directed at Underage Users This week, Republican Sen. Katie Britt of Alabama and Democratic Sen. Richard Blumenthal of Connecticut introduced a bill designed to prevent digital platforms from targeting underage users with sports betting ads. The proposed Gaming Advertisement to Minors Enforcement (GAME) Act would impose a nationwide prohibition on targeted gambling advertisements across social media and other major online advertising networks. The proposal has been prompted by heightened concern among policymakers regarding how readily minors can encounter gambling-related content. Studies cited by the senators suggest that early exposure to gambling significantly increases the likelihood of developing addiction later in life. Another study found that individuals who begin gambling before age 18 are far more likely to experience gambling-related difficulties. Additional data show that nearly half of adolescent boys who gamble have come across such content online—often without actively seeking it.  Supporters of the bill argue that digital advertising platforms, through their use of algorithms and user data, sometimes unintentionally—and occasionally intentionally—deliver gambling promotions to younger audiences. Lawmakers behind the initiative believe that even casual exposure can serve as a gateway to harmful behaviors. The Bill Intends to Reduce Underage Exposure to Online Betting Ads If enacted, major digital advertising platforms would be prohibited from displaying gambling promotions directed at minors. The law would be enforced by the Federal Trade Commission, which would treat violations as deceptive practices under current consumer protection statutes. Non-compliant platforms could face civil penalties, and repeated offenders may be referred for criminal prosecution.  The legislation would permit authorities to fine companies up to $100,000 per instance where an advertisement is shown to a minor. Given the scale of digital advertising, these fines could quickly accumulate if violations are widespread.  The law would become effective one year after enactment, allowing companies time to adjust their advertising strategies and implement compliance measures. It also provides clear definitions for key terms, including “minor” and “targeted advertising,” which refers to ads delivered based on personal data, behavioral profiling, or device identifiers.  Calls for stricter regulation coincide with a surge in the popularity of online betting and prediction markets over recent years. Some lawmakers contend that these platforms, combined with advanced ad targeting capabilities, are reaching younger audiences more effectively than ever. Proponents of the bill emphasize that their intention is not to restrict legal gambling access for adults, but rather to limit underage exposure in an increasingly digital landscape. They note that modern technology enables risks to permeate households in ways that were previously impossible, necessitating updated protective measures. 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.

19 5 月, 2026

Pragmatic Play’s Dragon’s Gate – Bonus Choice Invites Players to Embrace Ancient Chinese Virtues

(AsiaGameHub) -   Pragmatic Play invites players on a mythical adventure to Ancient China, where they can embody timeless virtues to unlock substantial rewards. Dragon’s Gate – Bonus Choice Metrics Rows: 3 Reels: 5 Paylines: 50 RTP: 96.50% Volatility: Medium Min/max bet: 0.20/240 Max win: 10,000x Mythical Beasts Lead to Prosperity In Dragon’s Gate – Bonus Choice, players journey through a serene and enchanting oriental realm where harmony, wealth, and vitality await discovery. Collecting symbols inspired by Chinese coins, legendary koi fish, lustrous pearls, blooming lotuses, and graceful Chinese beauties leads to wins reaching up to 10,000 times the bet. Additionally, dragon symbols function as wilds, helping form winning combinations with ease. The koi fish serve as bonus symbols—this game features three of them, each representing one of the core virtues: balance, prosperity, and vitality. When the red bonus symbol appears during the base game, it is collected in the Red Balance waterfall. The yellow and blue bonus symbols are gathered in the Prosperity and Vitality waterfalls, respectively. Koi That Reach the Top of the Waterfall Transform into Dragons Bonus symbols may randomly activate the game’s bonus feature along with their associated modifiers, or a blend of all three. Landing four or five bonus symbols triggers the bonus round with an automatic modifier applied. Once activated, players can choose between two distinct bonus experiences. In the Free Spins mode, players receive a set number of spins enhanced by a mystical dragon that randomly adds extra bonus symbols to the reels. Blue bonus symbols also grant additional spins, extending the round. The Respins feature allows players to exclusively gather coin symbols. This round begins with three spins, and the counter resets whenever a coin symbol lands. The dragon contributes further by boosting prizes after each spin. The Balance modifier enlarges the bonus grid to two separate 5×3 grids. The Prosperity modifier introduces random wild symbols or increases coin values, while the Vitality modifier provides extra spins in Free Spins or extends the number of spins in Respins to four. Players can trigger either Free Spins or Respins instantly using the Buy Bonus option, available in regulated markets where permitted. 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.

19 5 月, 2026

Rhode Island Senate Bill 3118 Aims to Terminate State’s Sports Betting Monopoly

(AsiaGameHub) -   Introduced by Democratic Senators Frank Ciccone, John Burke, and Stefano Famiglietti, Senate Bill 3118 (SB3118) aims to expand Rhode Island’s online and retail sports betting market by permitting up to six licensed operators. New Bill Aims to Change Rhode Island’s Monopoly on Online Gambling The bill seeks to significantly broaden the state’s sports betting market. Currently, only one licensed online platform—Sportsbook Rhode Island—operates under an exclusive agreement between the Rhode Island Lottery and International Game Technology. Among its key provisions, the bill would allow for four to six licensed operators across both online and retail sports betting channels, effectively ending IGT’s current exclusivity arrangement. The legislation does not establish a fixed licensing fee structure; instead, sportsbook operators would be selected through a competitive bidding and contracting process overseen by the Rhode Island Lottery. Senate Bill 3118 represents the next step in the state’s ongoing effort to end its online sports betting monopoly. For example, in October, eight major operators indicated interest in entering Rhode Island’s market if the state modifies its laws. The bill would maintain oversight of sports betting under the authority of the Rhode Island Lottery, which would manage the licensing process. Applications would be evaluated based on factors including operational capability, regulatory compliance history, technical standards, and revenue generation potential. If enacted, the bill would lead to significant expansion of the state’s gambling market. However, operators would still need to partner with a land-based casino in Rhode Island. Such opportunities remain limited, as Bally’s Corporation’s Bally’s Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel are currently the only licensed casino venues in the state. The bill also contains no provisions for issuing new casino licenses. The Bill Also Seeks to Modify the State’s Betting Taxes Importantly, the bill would revise Rhode Island’s sports betting tax structure, which is currently among the highest in the United States. Currently, online sports betting revenue is taxed at 51%, leaving operators with just 49% of online revenue. SB3118 would substantially alter the existing revenue-sharing model. Once FY25 revenue targets are met, the state’s share would be reduced from 51% to 12%. Meanwhile, the vendor share would increase from 32% to 79.5%, while the portion allocated to host casinos would decline from 17% to 8.5%. The bill was introduced in the Senate last week and has since been referred to the Senate Labour and Gaming Committee, with a hearing scheduled for May 20. If passed, the Rhode Island Lottery must launch an open application process for sportsbook vendor contracts no later than January 1, 2027. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

18 5 月, 2026