Genius Sports announced its financial results for the first quarter ending March 31, 2025.Total revenue reached $144 million, a 20.3% increase year-over-year.Looking at various verticals, revenue from betting technology, content, and services grew by 44.2% to $106.5 million, due to contract renewals
The latest data released by the Philippine Amusement and Gaming Corporation (PAGCOR) shows that the total gross gaming revenue (GGR) for the first quarter of 2025 reached 104.12 billion pesos, with an annual growth rate of 27.44%, indicating a continuous recovery and rapid growth of the industry.Ale
The tax determination dispute surrounding skill games such as Rummy and chess continues to ferment within India, with the Supreme Court recently engaging in a heated debate on whether the revenue from such games should be subject to Goods and Services Tax (GST). The bench, consisting of Justices JB
"Power and internet cuts fail to sever scam communications," a new challenge emerges in Southeast Asia's fight against telecom fraud. According to Channel News Asia (CNA), the widespread deployment of SpaceX's "Starlink" satellite network in scam hubs along the Myanmar-Thailand border is posing seve
The UK National Lottery operator Allwyn is facing an official investigation by the UK Gambling Commission for failing to fulfill some contractual obligations related to taking over lottery operations. According to The Times, the company had promised to carry out several technical system upgrades to
Thailand's Deputy Prime Minister and Minister of Defense, Prawit Wongsuwan, recently stated in an interview at the government building that Thailand has implemented three stringent measures in the past three months to combat the spread of telecommunications fraud in northern Myanmar. These measures
In February 2025, the casual gaming giant King launched a new game, "Candy Crush Solitaire," making a high-profile entry into the "Solitaire" game track. The game combines the classic solitaire card game mechanics with Candy Crush's iconic candy aesthetics. It broke through 334,000 downloads worldwi
It has been nearly seven years since the U.S. Supreme Court opened the door to nationwide legalization of sports betting.The NBA now finds itself deeply entrenched in the world of gambling, which has created significant financial benefits but also brought severe problems.In 2021, the league partnere
Kidnapping cases in the Philippines are frequent, with Chinese businessmen being a high-risk groupRecently, there have been multiple kidnapping incidents involving Chinese businessmen in the Philippines, which have attracted widespread attention. The case of Anson Que, known as the "Steel King," wh
According to the Bangkok Post, the Thai Senate committee responsible for evaluating the casino entertainment complex bill may invite Prime Minister Prayut Chan-o-cha to attend a future meeting to explain the relevant positions and details.The committee chairman, Senator Veerapun Suvannamai, stated t
Recently, the Philippines Bureau of Immigration announced the successful arrest of a Chinese national, Li Moujie, suspected of organizing transnational online gambling. It is reported that Li was arrested at his residence in the Montalban community of Makati City.He is suspected of organizing and op
Philippine steel tycoon Guo Congyuan's kidnapping case enters judicial proceedings, his son Guo Rongxian attends the preliminary hearingThe highly publicized kidnapping and murder case of Chinese businessman Guo Congyuan officially entered the judicial process in the Philippines on May 8. The Depart
The US online casino market has reached a historic moment. In March 2024, the combined revenue of seven states with legal digital casino platforms reached $905.6 million, a significant increase of 26.2% compared to the same period last year, setting a new industry record.This impressive performance
The well-known Philippine gambling operator Jiuding Group has recently announced the cessation of its operations in the Philippines due to its involvement in the ransom flow of the kidnapping case of Chinese businessman Mr. Guo, triggering a chain reaction. A large number of Chinese users rushed to
The U.S. Commodity Futures Trading Commission (CFTC) this week voluntarily withdrew its appeal against the Kalshi exchange, marking an official end to its policy of cracking down on election betting. This move not only represents a significant shift in regulatory attitudes but also signals the gradu
The online gambling market in Morocco has experienced significant development in recent years, especially driven by technological advancements and increasing user demand. However, the lagging regulatory system and the proliferation of illegal platforms also pose many challenges.Current Market Devel