The Lagos State Government has implemented a 5% withholding tax (WHT) on gaming winnings, a move aimed at bolstering tax compliance and strengthening regulatory oversight within the sector.
A federal judge in Missouri has ruled that Torch Electronics’ “no-chance” gaming machines found in gas stations and convenience stores constitute illegal gambling devices under state law.
The Philippine Amusement and Gaming Corporation (PAGCOR) is advocating for stricter regulations on gambling, including a potential total ban on broadcast advertising, aiming to curb addiction and promote responsible gaming.
The NBA is taking a cautious approach to prediction markets, viewing them as a form of sports betting and raising concerns about integrity and potential manipulation.
Pennsylvania bettors wagered nearly $60 million on the Super Bowl, generating over $18 million in revenue for the state, but the handle was significantly lower than last year's record-breaking numbers.
The Washington Senate approved a bill allowing betting on in-state college teams at tribal casinos, potentially bringing new revenue and excitement to the state's sports scene, but with restrictions on individual athlete performance wagering.
A recent report indicates that while global match-fixing is declining, North America is experiencing a surge in suspicious betting activity, signaling a new challenge for sports integrity.
Nevada is escalating its fight with Kalshi, announcing plans to file a civil enforcement action, accusing the prediction market platform of aggressive expansion while ignoring gaming regulations.