Gambling news — Page 5

China’s lottery sales hit $10.4bn in September, with sports betting up 73% amid World Cup buzz and government pushing cinemas to sell tickets.

The IPO raises immediate questions about Betgoodwin’s ability to honour player withdrawals during a potential surge in demand.

Evolution’s Q3 results show steady revenue but a CEO reaction that raises questions about future growth, player value, and regulatory pressures.

Former Tony Spilotro associate Joey Cusumano, a key figure in Las Vegas’ organized-crime casino era, passed away at 90, leaving a legacy of underground.

IG Group announced a 2026 launch for its UK prediction-market platform, outlining compliance costs and regulatory hurdles.

A University of Bristol study shows the EPL front-jersey ban trimmed gambling ads by 10.5%, yet sleeves, training gear and stadium perimeter keep exposure high.

Investors favor casino operators with weaker balance sheets as high debt maturities and rising rates threaten refinancing plans.

The OCC drops a presumption that would block third-party stablecoin rewards, leaving banks exposed to deposit flight as the GENIUS Act nears enforcement.

Meanwhile, EA signals continued investment in Battlefield and Apex Legends, both of which generate steady revenue streams.

Polymarket pulled its Cornell bet after backlash, cutting $450k in volume and raising regulatory concerns over prediction markets tied to ongoing.

The takeaway for operators is that every IP deal should include a clear term sheet that specifies duration, territory, and usage rights.

Prediction markets are approaching $1 B in notional volume ahead of the 2026 US midterms, with Kalshi and Polymarket offering 21,000 contracts and regulators.