2025 Atlantic City Casino Profits Fall 3.9%

2025 Atlantic City Casino Profits Fall 3.9%

(AsiaGameHub) - Atlantic City casinos avoided a revenue collapse in 2025, but the primary issue arose after the funds were collected. As costs continued to rise and margins narrowed, operating profit trended downward. This occurs just as the market prepares for stiffer competition from New York and renewed discussions about casino expansion within New Jersey. Good to Know In 2025, gross operating profit for Atlantic City casinos and two online-only operators decreased by 3.9% to $681.6 million. Net revenue remained flat, though fourth-quarter net revenue was the highest since 2018, according to James Plousis. New York is still pursuing three downstate casino licenses, which creates additional pressure for Atlantic City. Profit Declines Despite Stable Revenue The most significant figure is profit, not revenue. The nine Atlantic City casinos and two online-only entities reported a gross operating profit of $681.6 million for 2025, a drop of 3.9%, even though annual net revenue remained largely steady. This represents the fifth consecutive year in which escalating expenses have squeezed the market. James Plousis stated it clearly, noting that Atlantic City experienced “flat annual net revenue and lower gross operating profit during 2025, having encountered increased costs and expenses for a fifth consecutive year.” He also observed that the market finished on a stronger note, with fourth-quarter net revenue hitting its highest level since 2018. Focusing strictly on the nine land-based casinos, profits still declined, though the drop was smaller. Their total gross operating profit reached $665.4 million, down 1.4%. This distinction is crucial because online expansion has helped sustain total revenue in New Jersey, even as land-based operators confront higher labor, energy, and product costs.Results were mixed across properties. Borgata led the market with $237.4 million in gross operating profit, an increase of 13.8%. Ocean hit $112 million, up 10.6%, and Golden Nugget rose to $28.2 million, an increase of nearly 57%. In contrast, Hard Rock fell 8.6% to $123.8 million, Tropicana dropped 25% to $61.7 million, Harrah’s declined 12% to $56.5 million, and Caesars fell by over 40% to $34.1 million. Bally’s was the only casino to report an operating loss, shifting from a $2.5 million profit in 2024 to a $2.8 million loss in 2025. Hotel performance offers some insight. Ocean achieved the highest average nightly room rate at $275.87, while Golden Nugget had the lowest at $112.65. Hard Rock recorded the highest occupancy at 83.7%, while Golden Nugget had the lowest at 51.8%. Throughout the city, the average room rate was $175.16 and occupancy was 71.2%, a slight decrease from the previous year. Jane Bokunewicz remarked that operators have attempted to respond to pressure through capital upgrades, marketing, and promotions, but inflation has lessened the impact. Essentially, casinos are spending to maintain demand while trying to reduce expenses, a difficult balance to strike when external costs continue to increase. This would be a difficult situation regardless, but the timing makes it worse. Atlantic City is facing the potential of three New York City casinos, and New Jersey is once again hearing discussions about casino gambling outside of Atlantic City. George Goldhoff stated that the market is dealing with I 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.
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Tommy Tuberville’s Campaign Secures $300K Donation From Sweepstakes Operator VGW

Tommy Tuberville’s Campaign Secures $300K Donation From Sweepstakes Operator VGW

(AsiaGameHub) - Tommy Tuberville expanded his fundraising lead in Alabama, but the more compelling angle lies beyond the typical campaign finance figures. In a state that still prohibits most forms of gambling, a gubernatorial candidate is accepting funds linked to an online sweepstakes firm—all while a separate initiative in Montgomery aims to let voters weigh in on lotteries, casinos, and sports betting. Good to Know Tuberville disclosed $581,377 in donations during March, which included $30,000 from VGW Luckyland Inc.—the company behind Chumba Casino. Alabama continues to restrict legal gambling mostly to properties owned by the Poarch Band of Creek Indians and is one of just five states without a lottery. Senator Merika Coleman’s SB257 would allow voters to decide on lotteries, casinos, and sports betting—provided lawmakers first approve the measure with a three-fifths majority vote. Alabama’s Gambling Debate Becomes Entangled in the Gubernatorial Race While the donation is just $30,000, its significance goes beyond the dollar amount. VGW Luckyland contributed to Tuberville’s campaign despite Alabama being a challenging market for gambling expansion and sweepstakes casinos facing scrutiny in several states. This is why the donation is notable: it appears less like an investment in the status quo and more like a bet on which candidate might influence future gambling laws. Robert Jarvis put that idea in plain terms. He said: “VGW is looking to the future and hoping to buy good will with a candidate who may in the future be in a position to help change Alabama’s gambling laws.”Jarvis’s statement comes against a well-known Alabama context: the state still lacks a lottery, and legal gambling options are limited. Tuberville has stated that expanding gambling is a legislative matter, not a gubernatorial one, but his campaign did not respond to inquiries about the VGW donation. The company also refused to comment, per reports from Covers and other Alabama media outlets. The political timing also favors Tuberville. The Alabama Daily News reported he raised $581,377 in March, compared to Doug Jones’s $175,387 for the Democratic ticket. This puts Tuberville in a strong lead as the May 19 primary and Nov. 3 general election approach. In other parts of Montgomery, the discussion around gambling is taking a different path. Senator Merika Coleman’s SB257 doesn’t establish a complete gambling framework immediately. Instead, it would require lawmakers to first pass a constitutional amendment to put the question of allowing lotteries, casino gaming, and sports betting to voters. Only then would legislators revisit the issue to draft the specifics, such as compact negotiations and regulatory systems. This approach reveals much about Alabama’s current stance on gambling. Supporters recognize that a comprehensive bill would be difficult to pass, so their initial priority is getting the question on the ballot. Coleman has linked the initiative to budgetary pressures and cited polls indicating widespread support for letting voters decide on a lottery. Alabama last held a lottery referendum in 1999, which failed with 54% against and 46% in favor. A 2024 attempt also came up one vote short in the legislature. 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.
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Wisconsin Governor Tony Evers Enacts Mobile Sports Betting Legislation

Wisconsin Governor Tony Evers Enacts Mobile Sports Betting Legislation

(AsiaGameHub) - Wisconsin Governor Tony Evers has signed AB 601 into law, though the real work begins right after his signature. The state now has a clear legal path to roll out statewide mobile sports betting, but tribal nations must first revise their existing compacts with the state and obtain federal approval before any services can officially launch. Key Takeaways AB 601 has been officially enacted as law in Wisconsin. Statewide mobile wagering still cannot go live until tribal compacts are renegotiated and get federal sign-off. All 11 federally recognized tribes in Wisconsin requested that Evers sign the legislation. Evers Approves Bill While Urging Tribes to Adopt a Unified Shared Model The new law does not enable immediate statewide betting operations. What it does is eliminate a longstanding legal barrier and pass responsibility for the next development phase to Wisconsin’s tribes, who now have the authority to build a mobile betting framework that is not limited to operating only on tribal land. Evers made it clear he does not want an uneven split of benefits and responsibilities in this next phase. He wrote: “This legislation marks the start of discussions, not the end of them. The actual work gets underway today. Each of the 11 Tribes must now work diligently and collaboratively to shape the future of sports betting in Wisconsin. What I will not accept is a plan that splits this opportunity into unequal parts, letting some Tribes reap substantial benefits while leaving barely anything for others.”That stance explains why there was earlier uncertainty over whether he would sign the bill at all. Evers had been concerned about inconsistent tribal support, and it was not until Wednesday that all 11 federally recognized tribes sent him a letter urging him to approve the measure. In that letter, they stated: “This legislation was passed with bipartisan backing and has our full support.” While the political hurdle has been cleared, commercial challenges still remain. Major national sportsbook brands such as DraftKings and FanDuel have pushed back against the tribal-led structure, largely because the revenue split required under this framework would leave minimal profit room for outside operators. Covers previously reported that critics from these major brands argued the model could bar them from entering the Wisconsin market entirely. Evers also highlighted the structure he hopes will move forward. He said tribes are already holding discussions in earnest and added that more equitable models for sharing both the risks and rewards of mobile gaming are starting to take form. He then endorsed a single shared setup, writing: “A joint venture where every Tribe contributes, and every Tribe benefits equally, is gaining traction in these discussions, and I strongly support pursuing this or a comparable model.” Even after the governor signed the bill, Wisconsin still has no set launch date for mobile sports betting. The state now has authorization to keep developing its market, rather than having a fully functional finished market. The legislative update came first in this process: first the law was amended, then negotiations begin, and only once those talks conclude successfully will statewide online sportsbooks become a reality. 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.
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Betfair Tests Its New Predict Platform With a Limited Group of UK Users

Betfair Tests Its New Predict Platform With a Limited Group of UK Users

(AsiaGameHub) - Flutter Entertainment's Betfair has not constructed a separate market from the ground up. Instead, it has utilized its existing Exchange engine and applied a new interface known as Betfair Predicts, which is currently in beta with a restricted group of U.K. users. Good to Know Betfair Predicts is being trialed with a limited set of U.K. customers. The product is essentially a visual update of the Betfair Exchange and still utilizes Exchange liquidity. Betfair states that the beta version will evolve based on customer feedback. Betfair Rebrands Exchange Trading Rather Than Creating Something New The key distinction lies beneath the surface. Although Betfair Predicts appears novel, the underlying infrastructure is familiar. Users continue to trade against one another in a peer-to-peer model, and the platform relies on the liquidity already present within the Betfair Exchange. Consequently, this launch focuses more on presentation than on creating a distinct product category. Betfair aims to provide a more straightforward and user-friendly entry point into prediction-style markets, where outcomes are determined by "Yes" and "No" contracts rather than traditional sportsbook odds. This distinction is significant. On the Betfair Exchange, users trade positions that mirror real-time consumer sentiment. In contrast, on the Sportsbook side, bettors face prices set by the bookmaker. Therefore, even with its new appearance, Predicts remains much closer to an exchange than a sportsbook.Betfair is also maintaining a limited rollout for the time being. A spokesperson remarked: “We are continuously testing new innovations, and Betfair Predicts is a prime example of this effort. This is a BETA product that will evolve in response to customer feedback.” The company has also indicated that the long-term trajectory of the platform depends on user reception, although trader feedback to date suggests there is interest in the U.K. market. This timing aligns with the wider discussion regarding prediction markets in the U.K. Matchbook announced last year its intention to launch what it termed the first licensed prediction market platform in the country, while the regulatory framework here differs from that in the U.S. In Britain, the UK Gambling Commission regulates gambling exchanges, and exchange operators may also fall under Financial Conduct Authority regulations concerning financial spread betting and binary options restrictions. 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.
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Sports Event Contracts Market Expected to Reach $1.1 Trillion

Sports Event Contracts Market Expected to Reach $1.1 Trillion

(AsiaGameHub) - Bank of America is assigning a huge value to sports event contracts in the United States. According to Bloomberg, the bank projects the annual market will hit approximately $1.1 trillion— a number derived from the scale of the existing sports betting industry and the distinct fee models employed by prediction platforms. Good to Know Bank of America pegs the U.S. sports event contract market at around $1.1 trillion annually. The bank anticipates that roughly 9% of this total— equivalent to some $100 billion in verified transactions— will materialize by 2026. Analysts link this positive outlook to federal regulatory backing, a younger user base, and the absence of gambling-like taxes on earnings. Bank of America Assigns a Significant Value to Sports Contracts While the profit potential is less than the headline figure, it’s still substantial. If prediction platforms retain just 1% of every dollar transacted via fees and comparable charges, a $1.1 trillion market would yield them over $10 billion in yearly revenue— which is why this forecast is notable beyond just the headline volume. The reasoning behind Bank of America’s perspective doesn’t rely on traditional sportsbook economics. Sportsbooks incorporate vig (juice) into their odds, whereas prediction exchanges typically generate revenue via transaction fees and related costs. This structure offers the sector a unique value proposition for users and a distinct margin profile for operators. Regulation is another key component of this outlook. Analysts cite federal support as a major factor driving the potential growth of prediction sports markets. This argument gained traction recently when a federal appeals court decided New Jersey couldn’t ban Kalshi’s offerings, as oversight falls under the CFTC rather than state gaming authorities.This doesn’t mean the path forward is entirely smooth. Nevada has prolonged its ban on Kalshi, and debates persist over whether sports event contracts should be classified as federally regulated swaps or gambling products governed by state laws. Thus, while the upside potential is significant, the legal landscape remains inconsistent. Bank of America also highlighted demand factors outside of regulation. Younger consumers are one driver, and geography is another. While sports betting is legal in numerous states, California and Texas still lack widespread legal sports wagering markets. As a result, prediction products could attract users from regions where sportsbook access is limited. The short-term forecast is also noteworthy. Bank of America predicts that around 9% of the total $1.1 trillion opportunity will be realized this year, translating to approximately $100 billion in verified transactions by the end of 2026. This would leave ample space between the current market size and the long-term target. 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.
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Is Finland getting ready to take Veikkaus public?

(AsiaGameHub) - Speculation persists that Finland’s government is weighing the sale of shares in state-owned Veikkaus as regulatory reforms near completion. Starting in July 2027, Finland will move away from Veikkaus’s monopoly on betting, online casino, and online bingo services to a competitive licensing framework. This shift has opened up the possibility of Veikkaus being listed on the Finnish stock exchange, a move intended to generate funds for an economy struggling with sluggish growth. But Maija Strandberg, Finland’s Director General of Ownership Steering, told Finnish publication Kauppalehti that a possible initial public offering (IPO) is not expected to happen before the current government’s term ends in April 2027. She said: “You can think of it this way: the market will open in the summer of 2027, and Veikkaus will need to demonstrate that it can compete in that market. Is one year enough for the company to prove this? We would then be at the end of 2028. If we take any action, we are approaching the turn of the decade.” Strandberg added that Finland’s government aims to raise €3 billion in revenue to support an investment program, which includes selling stakes in publicly traded companies. Previously, the state generated €1.94 billion by listing Posti Oyj, the country’s postal service, on the Nasdaq Helsinki Stock Exchange in October 2025. Beyond financial gains, industry experts have noted that taking Veikkaus public would benefit Finland’s gaming sector by decoupling the organization from its dual role of regulating the market and operating within it. During a recent SBC webinar, Antti Koivula, Chief Compliance Officer at Hippos ATG, stated that “there is no strategic value for the state to own gambling operators; instead, it should stay on the regulatory side.” “Mixing the roles of market operator and regulator at the same time is not advisable—it’s a recipe for trouble,” he further commented. Lessons from FDJ? Across Europe, moving away from monopolies has resulted in state-owned operators transitioning into publicly listed companies. Nine years after France opened its online sports betting and poker markets to new licensees in 2010, the state-owned Française des Jeux—now rebranded as FDJ United—was listed on Euronext Paris, with 20% of the company acquired by shareholders. Jari Vähänen, Co-Founder and Partner at The Finnish Gambling Consultants, suggested that Finland could follow a similar route. However, he pointed out that Veikkaus’s diverse business segments might make the process more complex. Veikkaus’s portfolio includes a technology firm, a B2B service provider, Fennica Gaming (a B2B provider for global markets), and the operating arm that will compete in the new multi-licensed market. He said: “If the entire Veikkaus group were listed, there would be at least four separate private entities competing against other firms—but these entities would have different business narratives than the exclusive license-holding Veikkaus, so I’m not sure how that would work.” Nevertheless, he observed that privatizing Veikkaus’s multi-licensed division would be “relatively straightforward.” The application period for prospective new entrants opened in March, and law firm Nordic Legal reports that between 10 and 20 companies have expressed interest in joining the market. Although the market will open up for certain verticals, Veikkaus will keep exclusive control over Lotto, Eurojackpot, and physical slot machines and casinos. 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.
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Portugal reveals a newly – designed self – exclusion platform

(AsiaGameHub) - Portugal’s gambling regulator is looking to simplify the self-exclusion process as it undertakes a system revamp and introduces a new user experience. Unveiled by the Gaming Regulation and Inspection Service (SRIJ) on April 8 (yesterday), both players and non-players can use the platform to self-exclude from all licensed online gambling operators in Portugal. According to the regulator, the new system features a ‘simpler and more intuitive interface’ to enable faster and more efficient self-exclusion requests, and it has also been optimized for mobile devices. SRIJ stated: “With this new platform, SRIJ reinforces the quality of its digital services and the effectiveness of the gambling control mechanisms available to players.” Players can self-exclude for a specific period—with a minimum of three months—or indefinitely. Since regulation began in 2015, Portugal’s gaming market has grown to include 17 licensed operators. In Q4 2025, the market generated €337.6 million, a 4.5% increase compared to the same period in 2024. Responsible gaming is a key pillar of any regulated market, and the enhancement of Portugal’s self-exclusion service advances these goals. However, Miguel Luis, Head of Compliance at Portuguese operator Lebull, emphasized that the jurisdiction must learn from other markets and ensure measures do not create enough friction to push players to the black market. Speaking to iGaming Expert, he commented: “The biggest challenge is to maintain an engaging and frictionless experience while protecting the player from risky behaviour. The most common responsible gaming measures, such as wager, deposit or loss limits, are often seen by players as an ‘interference’ in their leisure time.” “I believe the right balance involves investing in educational UX/UI, with elements that resonate with the players, creating experiences where RG tools are presented not as barriers, but as elements of value to the user, and especially where these can be communicated as something good and at the reach of the player, not just as something ‘there’, or unilaterally imposed on the player.” Luis also noted that an effective responsible gambling regime requires ‘true cross-sector’ collaboration between stakeholders. 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.
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Playtech labels Evolution lawsuit as ‘baseless and without merit’

Playtech labels Evolution lawsuit as ‘baseless and without merit’

(AsiaGameHub) - Playtech has moved quickly to respond to recent developments in its ongoing legal dispute with Evolution. The company said it will ‘defend itself vigorously’ against Evolution’s U.S. defamation lawsuit— which accuses Playtech of orchestrating a defamatory smear campaign against the company— and described the allegation as ‘baseless and without merit’. Playtech’s statement was issued after Evolution named the supplier as a defendant alongside Calcagni & Kanefsky LLP and Black Cube, and also added Juda Engelmayer and other individuals to the list of defendants. Playtech to ‘defend itself vigorously’ against Evolution Playtech has been anticipating this since October of last year, when Evolution held the supplier responsible for commissioning Black Cube to investigate Evolution’s operations in prohibited and sanctioned markets, as well as its supply to unlicensed operators in regulated markets. Playtech stated: “As previously announced, Playtech stands by both the decision to commission the report at the centre of Evolution’s claims, and the validity of its findings. “Evolution continues to seek to avoid legitimate scrutiny rather than addressing longstanding questions about its own conduct, including its decision to supply operators in both illegal and sanctioned markets and to support unlicensed operators in regulated markets. “Playtech welcomes court and regulatory examination of the report and its findings and, importantly, the opportunity to be involved in the discovery process including to question Evolution’s employees, executives and officers in court. “The company is very confident based on evidence it has, including recent additional evidence, that these proceedings will confirm the credibility and legitimacy of the report and the importance of the issues it seeks to address. “Playtech will defend itself vigorously against Evolution’s claims and will continue to act in the best interests of industry operators, suppliers and regulators as well as its shareholders.” Evolution Names Playtech as a Defendant Earlier today, Evolution issued a statement claiming Playtech orchestrated a defamatory smear campaign against it to enter the North American market and eliminate competitors. The legal filing also accuses Playtech of ‘trade libel, fraud and racketeering, as well as withholding information about its conduct from shareholders— even though Playtech Chief Executive Officer Mor Weizer actively participated in preparing and spreading the defamatory report’. Evolution noted: “We are formally naming Playtech in our lawsuit because the facts are clear: Playtech hired Black Cube to create and publicise a defamatory report designed to harm Evolution, all while misleading the market and lying to investors about its role. “For nearly four years, Playtech spent millions of dollars in legal fees to conceal its involvement in this smear campaign and avoid accountability.” Evolution continued: “We are confident in our rigorous compliance policies and practices, and that the facts in this case are on our side. We look forward to holding Playtech, Black Cube, and all their accomplices accountable for the harm they have caused.” Looking for more stories like this? Check out the new SBC Media YouTube Channel— SBC’s new home for all multimedia content— where our team takes deep dives into the top stories from the sports betting, iGaming, affiliate and payments sectors. 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.
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Hub88 introduces new AI-powered feature for enhanced data clarity

Hub88 introduces new AI-powered feature for enhanced data clarity

(AsiaGameHub) - Hub88 has introduced a new Page Insights tool as part of its HubAI suite. This feature enables Hub88's partners to transform data tables into visual dashboards, which the company notes facilitates the discovery of practical insights. Ollie Castleman, Managing Director at Hub88, stated: “As our platform grows, our primary focus is making data more reachable and useful for our partners. “Page Insights greatly enhances how users engage with extensive data, merging AI analysis with clear visualization tools for immediate understanding and deeper perspective.” HubAI was originally introduced by Hub88 as an integrated assistant for partners in late 2025. Key features of the new update include a HubAI insights sidebar that automatically produces charts for metrics like top-performing games. The tool also utilizes HubAI’s context mode, enabling the system to analyze and explain data in response to specific queries. A fresh direction for content Beyond new features, Hub88 has recently worked to bolster the content available on its aggregation platform. In late March, the company revealed a partnership with Tequity, integrating the studio's game library, including its 17 ‘Originals’ titles. The collaboration with Tequity also covers Publishing vertical content and Crypto Trading games, broadening the options for Hub88's operator partners. During the same month, Hub88 finalized similar deals with 7Rings Gaming, DEGEN Studios and LuckyDraw. “We are excited to welcome Tequity to the Hub88 platform,” Castleman remarked at the time. “Their mix of Originals, Publishing content, and new Crypto Trading games provides our partners with more unique gaming options and a simplified path to launch.” 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.
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Evolution Initiates Legal Action Against Playtech in Escalating Dispute

Evolution Initiates Legal Action Against Playtech in Escalating Dispute

(AsiaGameHub) - Evolution has moved forward with its ongoing U.S. defamation lawsuit, effectively confirming that a legal showdown with Playtech is on the horizon for later this year. The firm has included Playtech as a defendant in the case—joining existing defendants Calcagni & Kanefsky LLP, Black Cube, Juda Engelmayer, and several others. Evolution claims Playtech organized a defamatory smear campaign targeting it, with the aim of breaking into the North American market and removing a key competitor. The legal filing further accuses Playtech of ‘trade libel, fraud and racketeering, as well as concealing details of its actions from shareholders despite Playtech Chief Executive Officer Mor Weizer‘s active involvement in creating and spreading the defamatory report’. iGaming Expert has contacted Playtech to get its take on being added to Evolution’s ongoing U.S. defamation lawsuit. Last October, Evolution identified Playtech subsidiary Playtech Software Limited as the party that hired Black Cube to probe the provider’s operations in banned or sanctioned markets, plus its supply of services to unlicensed operators in regulated regions. Back then, Playtech stated that the claim of a smear campaign was “completely false and intended to divert attention from major concerns about Evolution’s business practices”, adding that it reaffirmed its choice to commission the report and expressed openness to a court review. Evolution adds Playtech to lawsuit In its most recent statement, Evolution noted: “We are officially including Playtech in our lawsuit because the facts are undeniable: Playtech engaged Black Cube to produce and promote a defamatory report aimed at damaging Evolution—all while misleading the market and lying to investors about its involvement. “Over almost four years, Playtech has spent millions in legal costs to hide its role in this smear campaign and evade responsibility.” Evolution also cited rulings from two U.S. state gaming regulators, which found that the information from the investigation lacked ‘evidentiary support’, adding that the report’s spread by Engelmayer and other defendants kept inflicting major reputational and financial damage on Evolution. “Any justification Playtech gives for commissioning the defamatory report is contradicted by the £1.5m success fee it promised Black Cube for getting the results it wanted, plus the extreme steps Playtech took to hide its identity,” Evolution continued. “Playtech and Black Cube keep making false claims of supposed misconduct during these legal proceedings, and we anticipate this will continue. It’s worth noting that Playtech currently runs or has run operations in some of the exact markets it accuses Evolution of operating in illegally. “Playtech was even penalized in 2025 for compliance failures linked to some of its Swedish operations. These accusations are nothing more than Playtech’s ongoing efforts to undercut competition by damaging Evolution’s business and reputation. “We have full confidence in our strict compliance policies and practices, and the facts of this case are on our side. We’re eager to hold Playtech, Black Cube, and all their associates responsible for the harm they’ve inflicted.” Playtech disputes Evolution claims Playtech recently addressed the legal conflict with Evolution in its FY2025 financial report, released at the end of March. It stood by its decision to hire Black Cube to examine Evolution’s business practices and denied any claims of illegal behavior. In the report’s notes section, Playtech stated: “On 21 October 2025, Evolution AB publicly named Playtech Software Limited, a subsidiary of the Group, as the entity that commissioned a 2021 report by Black Cube—one that has been referenced in ongoing U.S. proceedings but does not involve any Group entity. “Additionally, on the same day, Evolution AB announced it would revise its complaint to include Playtech Software Ltd as a defendant. However, as of the date these financial statements were approved, Evolution had not requested court permission to add any Group entity to the New Jersey proceedings, and no claim has been served on Playtech Plc, Playtech Software Limited, or any other Group entity. “The Group rejects any claims of illegal activity. Given the case’s early stage and the absence of any served claim (including no indication of the potential amount), this is classified solely as a contingent liability.” Interested in more stories like this? Visit the new SBC Media YouTube Channel—the go-to destination for all multimedia content at SBC, where our team takes deep dives into the top stories from the sports betting, iGaming, affiliate, and payments sectors. 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.
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Superbet puts local operators on notice with full-scale Greek market assault

Superbet puts local operators on notice with full-scale Greek market assault

(AsiaGameHub) - Super has detailed its Greek expansion plans to iGaming Expert, expressing confidence that Superbet will quickly capture market share from established local players. This move represents the debut trial of the company's "Super" corporate framework, supported by Blackstone's capital. Last week, Super—the rebranded corporate entity of Superbet—announced the Greek debut of its primary brand. Management believes the updated organizational model is capable of penetrating one of the most crowded online betting and iGaming sectors in Europe. This expansion serves as the initial major evaluation of Superbet’s revamped goals, which are fueled by a €1.2 billion investment from Blackstone. The private equity firm is backing Super to evolve into a multi-billion-euro iGaming powerhouse. Market analysts are keen to see how Superbet fares against more than 20 long-standing competitors in Greece, a landscape currently dominated by local giants such as Kaizen Gaming (Stoiximan), Novibet, and OPAP. The stakes are significant. Adam Lamentowicz, Chief Commercial Officer CEE at Super, is directing an aggressive market entry strategy that focuses on competitive sportsbook odds, localized services, brand visibility, and high-profile football sponsorships. “Greece is characterized by its fervent sports culture, which perfectly matches our identity as a sports entertainment provider,” Lamentowicz remarked. “Furthermore, the stable and transparent regulatory environment provides the necessary certainty for long-term investment.” Greece becomes Superbet’s fifth active market in Europe, joining its operations in Romania, Poland, Serbia, and Belgium. However, the Greek market is notably more developed and competitive than its previous expansion targets. Lamentowicz suggested that the high level of competition actually confirms the market's strength rather than serving as a barrier. “We don’t view ourselves as arriving late,” he noted. “Instead, we believe this is the ideal moment to disrupt both the iGaming and sports wagering sectors.” He further commented: “Our rivals have spent the last decade maturing the customer base. This creates an environment where our sophisticated product can excel, as users now have higher expectations.” A major factor in this optimism is Superbet’s technology, which is designed as a scalable and localized ecosystem rather than a simple sportsbook. “Our platform integrates a cutting-edge sportsbook, a wide-ranging iGaming suite, free-to-play options, and our own Supersocial network,” Lamentowicz said. “This holistic strategy enables us to provide an experience that transcends standard betting.” He added: “We have full confidence in our technical capabilities and our business model. By pairing our technology with precise local execution, we consistently achieve excellent customer engagement.” Super structure faces Greek test Notably, the company chose an organic entry into Greece rather than acquiring an existing firm, allowing it to maintain total control over its brand and the user experience. Consequently, Greece acts as the first real-world test for Superbet’s new corporate vision and its strategy for rapid international growth. “The Superbet brand is a vital strategic tool that we implement directly in new territories,” Lamentowicz explained. “By launching organically, we manage the entire customer journey and brand positioning from the start.” While mergers and acquisitions remain a possibility elsewhere, the company identified Greece as a market where success depends on dedicated brand investment and a capable local team. If technology provides the foundation, then localization is the company's primary competitive advantage. “Localization is a critical factor in every region we enter,” Lamentowicz emphasized. “We have established a successful history across Central and Eastern Europe that few other operators can match.” This strategy will be bolstered by a major sponsorship push, as Superbet prepares to announce partnerships designed to integrate the brand into the Greek sports scene. “We are dedicated to enhancing sports sponsorships in Greece through impactful collaborations,” he stated. “Our aim is to build deep ties with local supporters and introduce a new level of sports entertainment.” Go big or go home Despite these high goals, the core challenge remains: winning over customers from well-entrenched local leaders in a mature market. Shortly after its Greek launch, Superbet confirmed its initial major football deals, partnering with Super League teams PAOK Thessaloniki and Panathinaikos. These agreements will place the Superbet brand as the primary shirt sponsor, greatly increasing its local profile and marking a significant step in its effort to challenge domestic brands directly. Despite the bold entry, Lamentowicz remains focused: “Competition doesn't discourage us—it drives our performance and innovation,” he said. “Our objective is to secure a leading position in every market we join.” He concluded: “We are certain that our focus on the customer, product innovation, and effective local operations will allow us to grow quickly and become a preferred brand in Greece.” In a sector long controlled by established names, Superbet’s arrival in Greece is not just about joining the market—it is about demonstrating that even the most dominant players can be challenged. 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.
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Entain Aims for Three New Zealand Online Casino Licences

Entain Aims for Three New Zealand Online Casino Licences

(AsiaGameHub) - Although New Zealand has not yet opened its online casino market, Entain is already setting ambitious goals. The group is reportedly seeking three licences and aims to capture as much as 50% of the future market, according to Gambling News. Good to Know New Zealand intends to issue up to 15 online casino licences, with a restriction of no more than three licences per operator. The licensing process is anticipated to commence in July 2026, beginning with expressions of interest. Entain's strategy, as reported by Gambling News, involves bidding for three licences and targeting up to 50% of the market share. Entain Makes An Early New Zealand Grab The significant figure is not the number of licences Entain seeks, but rather the market share it aims to secure. According to Gambling News, the company is targeting up to half of New Zealand's future iGaming market as the country develops its online casino operator licensing system. This ambition aligns with the emerging regulations. The Department of Internal Affairs has stated that up to 15 licences will be made available, with each licence associated with a single brand, and no single company will be permitted to hold more than three. The process is scheduled to begin in July 2026, followed by an auction in September and the submission of full licence applications in October. Entain is not entering this market without prior experience. The group currently operates TAB in New Zealand, which holds exclusive rights for both retail and online sports and racing betting. This existing presence provides Entain with an established customer base and a more direct route for cross-selling casino products once the market opens. Gambling News has indicated that integrating sports, racing, and casino offerings under one umbrella is a core component of their strategy.The regulator's objective with the new framework is to prioritize consumer safety, uphold operator standards, and steer players away from offshore gambling sites. The Department of Internal Affairs has specified that licensed operators will be required to adhere to regulations concerning system integrity, player protection, and responsible gambling practices. Entain is positioning itself for this expansion from a position of financial strength. In its 2025 results announcement, the group reported total revenue of approximately $6.6 billion, with online net gaming revenue projected to increase by 5% to 7% on a constant currency basis. Furthermore, Gambling News reported that Entain's New Zealand operations experienced a 28% year-on-year growth. 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.
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PopOK Gaming Releases New Crash Game Matatu Juu

PopOK Gaming Releases New Crash Game Matatu Juu

(AsiaGameHub) - PopOK Gaming has expanded its collection with the debut of Matatu Juu, a new crash game. This title features rapid gameplay, a critical cashout moment, and a high-volatility structure centered on increasing multipliers. Good to Know Matatu Juu represents the latest crash game release from PopOK Gaming. The game boasts a maximum multiplier potential of 10,000x. PopOK Gaming confirms that the title is ready for operator integration. PopOK Gaming Advances Crash Gaming With Matatu Juu The game's primary appeal lies in its central mechanic: players observe a rising multiplier and must choose when to cash out before the round concludes. Delaying too long results in a crash and lost bets, while exiting at the optimal time secures the winnings. This standard mechanic features a significantly higher limit in this instance. PopOK Gaming notes that Matatu Juu offers multipliers reaching as high as 10,000x, appealing to players seeking greater upside and higher stakes in instant-win formats. PopOK Gaming went beyond just mechanics, setting the game within a vibrant urban environment drawn from Matatu culture. The studio explains that the design aims to mirror the pace and intensity of a hectic commute, providing a unique visual style compared to more minimalist crash games.User accessibility is also a key aspect of the release. PopOK Gaming states that the interface remains intuitive for beginners while maintaining the suspense and timing challenges that engage seasoned crash game players. This equilibrium is crucial in a genre driven by brief sessions and repeated rounds. For operators, the proposition is clear. Matatu Juu is marketed as a highly engaging release designed for demographics that favor crash games, instant-win mechanics, and social-style gaming experiences. Luiza Melikyan, Head of Business Development at PopOK Gaming, commented: “With Matatu Juu, our goal was to embody the spirit of a high-energy commute and transform that ‘on-the-go’ thrill into a lucrative gaming experience. By merging the straightforward nature of crash mechanics with the substantial 10,000x win possibility, we have developed a game that maintains player suspense from the opening moment to the end.” 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.
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FanDuel Casino Unveils NBA Super Slam 2

FanDuel Casino Unveils NBA Super Slam 2

(AsiaGameHub) - FanDuel Casino has expanded its roster of exclusive NBA-themed offerings with the launch of NBA Super Slam 2. This new title comes after the first installment, which debuted in December 2024, and drops right ahead of the tip-off of the NBA Playoffs. Key Details NBA Super Slam 2 can be accessed exclusively on FanDuel Casino. White Hat developed this follow-up title in collaboration with the NBA. The game is currently active for users in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Ontario. FanDuel Casino Revives the NBA Super Slam Franchise Timing is a core focus of this launch. FanDuel Casino has rolled out NBA Super Slam 2 right as interest in the playoffs begins to ramp up, providing the platform with a basketball-themed slot game closely aligned with the NBA's annual schedule. The game's design heavily draws on in-arena game night aesthetics. Players are treated to a stadium backdrop, organ sound effects, and the recognizable shot clock buzzer as they spin for basketball-themed symbols linked to cash rewards. Rather than just replicating the first title, the sequel introduces new symbols, collection mechanics, and multipliers. Exclusivity also forms a major part of the offering's selling point. NBA Super Slam 2 is only available on FanDuel Casino, which gives the operator another branded content asset built around a leading U.S. sports league. White Hat developed the game, and the title was produced in partnership with the NBA. This official association keeps the product closely tied to official league branding while providing FanDuel Casino another sports-focused release targeted at players who already engage with basketball-related content. The launch spans a wide cross-regional multi-market footprint. NBA Super Slam 2 is now available to play in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Ontario. 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.
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Gods Unchained schedules Battle Pass Season 13 to begin on April 15

Gods Unchained schedules Battle Pass Season 13 to begin on April 15

(AsiaGameHub) - Gods Unchained is preparing to launch another Battle Pass cycle, but the main draw is not the launch date itself—it’s content access. All 18 new cards for Season 13 are locked exclusively behind the pass, so any player working to complete the full Spoils of War set will need to participate in the event. Good to Know Battle Pass Season 13 kicks off on April 15. The season’s set features 18 exclusive new cards only obtainable through the Battle Pass. Players can select between two options: a 300 $GODS Collector tier and a 750 $GODS Whale tier. Gods Unchained Makes All Season 13 Content Exclusive to the Battle Pass Tier pricing is clear from the start. The Collector tier costs 300 $GODS and pays out 250 $GODS in rewards, while the Whale tier costs 750 $GODS and comes with a much larger reward stack, including 25 Core Legendary packs and 5 Whale Battle Packs. Players can also start with a lower entry and upgrade to a higher tier at any point during the season. The most coveted reward this season is the Rendering Queen Variant, which can drop from both Spoils Packs and Whale Battle Packs, giving players in both tiers a chance to earn this standout card. Whale packs, however, carry better odds for shiny rare pulls, which gives the higher tier a clear edge. The season runs for a fixed 28 days, with 60 total levels available across the full pass. Daily progression is capped at 350 XP, so the design encourages consistent play instead of cramming all progress into a one-week sprint. Flux bundles are also included in both tiers, with larger bundles offered for the Whale tier.The Spoils of War card set is not meant to be a one-off release. Gods Unchained confirms the set will grow over time, giving Season 13 a longer lifespan than a typical Battle Pass update. Alongside cards and packs, both tiers also include extra cosmetics and items such as a God Portrait and a Mana Wheel. Gods Unchained frames the season as a gameplay upgrade, not just a new store offering. The team said: “This is about enhancing the play experience,” linking the new pass to broader plans around player engagement and deeper strategic 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.
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Changpeng Zhao, the Founder of Binance, Releases ‘Freedom of Money’

Changpeng Zhao, the Founder of Binance, Releases ‘Freedom of Money’

(AsiaGameHub) - Changpeng Zhao has documented his take on Binance’s journey in a book. Freedom of Money is currently available as a Kindle e-book, with paperback, hardcover, and Audible versions set to follow. Good to Know Freedom of Money launched on April 8, 2026 and can be accessed as a Kindle e-book. The book delves into Binance’s expansion, the FTX downfall, U.S. legal proceedings, and CZ’s prison sentence. Ray Dalio supported the book’s launch through a public endorsement. CZ Uses A Book To Reclaim The Narrative The legal section is a core part of the book’s focus, not an afterthought. Freedom of Money explores the U.S. case related to Binance’s early compliance shortcomings, the subsequent settlement, and the four-month prison term during which CZ states he penned most of the book. The memoir then takes a step back into CZ’s past. He recounts growing up in a rural Chinese area without running water, moving to Canada with his family, and later founding Binance in 2017 alongside a small group of colleagues. According to Binance, the platform went on to amass over 300 million users and became the quickest startup of its time to hit a $1 billion valuation. Beyond being a personal memoir, CZ uses the book to advocate for cryptocurrency. The press release notes he discusses hiring practices, company culture, transparency, customer service, and the belief that crypto can empower individuals to have greater control over their financial lives.He also clarifies his reason for writing the book now. CZ said: “Binance grew faster than almost anyone thought possible and along the way the story of crypto, and my role in it, was told by a lot of other people. Freedom of Money is my chance to tell that story in my own words and recount the rise of Binance, the challenges we faced – and that I personally faced – and why I still believe financial freedom is one of the most powerful ideas of our time.” The book’s launch also received support from figures outside the crypto space. Ray Dalio commented: “As a great admirer of CZ for his bold contributions to making alternative monies accessible to almost everyone in the world, I’m thrilled that he has so clearly laid out his life story. I recommend it for anyone who aspires to go from humble beginnings to a world shaper or is interested in a fascinating read of CZ building Binance into a pillar of the new monetary order.”Currently, the book is available only in digital form. The Kindle edition is live, with physical copies set to arrive in the next few days and an Audible version coming at a later date. CZ also shared that all proceeds from the book will go to charitable causes. 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.
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X Implements Auto-Lock Rule for First-Time Crypto Posts

X Implements Auto-Lock Rule for First-Time Crypto Posts

(AsiaGameHub) - X is shifting its strategy to focus on prevention rather than reaction. The platform will no longer wait for a compromised account to publish a fraudulent token before taking action. Instead, it will automatically lock an account the first time it attempts to post cryptocurrency-related content, requiring verification before the post is allowed to appear. Good to Know X's Head of Product, Nikita Bier, confirmed the platform is rolling out automatic locking and verification for initial cryptocurrency posts. Bier linked the new policy to phishing emails that are used to seize accounts and promote counterfeit tokens. He also stated that if an account boasting over 10,000 followers suddenly promotes a meme coin with no previous crypto activity, “it is always a hack.” X Aims To Disrupt The Scam Pattern Sooner The concept originates from a recurring pattern used by fraudsters. A standard account is taken over, its content abruptly switches to cryptocurrency, and followers are bombarded with meme coin promotions, fake airdrops, or phishing replies before any intervention is possible. X's new goal is to interrupt this sequence at the point of publication. Bier explained the reasoning in direct language. An account with no prior crypto posts that suddenly begins promoting a token will be considered a significant warning sign by X. He noted that the platform is “in the process of implementing auto-locking + verification if a user posts about cryptocurrency for the first time in the history of their account,” claiming it “should kill 99% of the incentive.” The impetus for this update was based on a real incident. Bier's remarks came in response to a hacking victim who fell for a phishing email disguised as an official X copyright notice. After the victim input their login details on a fraudulent page, the account was hijacked and used to spread crypto scam material. Bier partially attributed the success of the phishing attempt to Gmail's filters not blocking the messages.This positions the new feature as a tool against account takeovers more than a measure targeting cryptocurrency itself. From Bier's perspective, the scam ecosystem is undermined if stolen accounts cannot immediately broadcast a token to a large follower base. He subsequently provided another definitive benchmark, indicating that an account with a follower count exceeding 10,000 that promotes a meme coin without any history of crypto involvement is almost definitely hacked. X is not building this system from scratch. The platform has previous experience combating fake token advertisements, mass mention spam, and has previously taken action against banned crypto scammers who reportedly attempted to pay their way back onto the service. This new rule introduces a proactive layer of defense instead of another reactive removal process. For authentic crypto initiatives, game developers, NFT teams, and token communities, the compromise is clear. Users posting about crypto for the first time may encounter additional hurdles. However, X is gambling that an extra verification step is a lesser issue than allowing compromised accounts to continue exploiting the trust of their audience. This aspect remains unproven, but the objective is straightforward: close the opportunity for a scam post before it can ever be published. 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.
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Morgan Stanley Introduces a Low-Fee Bitcoin ETF

Morgan Stanley Introduces a Low-Fee Bitcoin ETF

(AsiaGameHub) - Morgan Stanley is directly engaging in the fee competition. Rather than introducing a spot Bitcoin ETF at a typical rate, the firm has debuted the Morgan Stanley Bitcoin Trust with a 0.14% sponsor fee, undercutting the 0.25% fee of the BlackRock iShares Bitcoin Trust. According to Morgan Stanley, this represents the lowest sponsor fee for a bitcoin ETP at its launch. Good to Know MSBT commenced trading on NYSE Arca on April 8. Morgan Stanley stated that MSBT has a 0.14% sponsor fee. Morgan Stanley reported holding $9.3 trillion in client assets within its Wealth and Investment Management divisions at the conclusion of 2025. Morgan Stanley Opens With Price Pressure The product's introduction highlights the current focal point of competition. Since Bitcoin access via exchange-traded products is now established on Wall Street, pricing and distribution have become more critical. Morgan Stanley now possesses both advantages: a more competitive fee and a vast wealth management platform supported by trillions in client assets. Allyson Wallace explained the demand succinctly, stating: “We really wanted to show our commitment by having that lower fee. The demand, especially from the high-net-worth investors, has been quite high. Viewed at the firm level, this is an asset class that is not going away.” Bloomberg published these comments as the product launched. Morgan Stanley characterized MSBT as an exchange-traded product designed to track bitcoin's performance and noted it is the first U.S. bank-affiliated asset manager to provide a cryptocurrency ETP. The product is listed on NYSE Arca under the ticker symbol MSBT.The fund's setup also indicates its target audience. Morgan Stanley is relying on established financial infrastructure in addition to a crypto-focused appeal. The firm announced that Coinbase and BNY will serve as custodians, with BNY also taking on administrative, transfer agency, accounting, recordkeeping, and cash management duties. While BlackRock maintains a larger market share, Morgan Stanley aims to erode that advantage through lower costs. IBIT has a 0.25% expense ratio listed on BlackRock's site, making MSBT 11 basis points less expensive. A significant tradeoff remains, however. Morgan Stanley clarifies that an investment in MSBT does not constitute a direct investment in bitcoin, and the fund is not registered under the Investment Company Act of 1940. The firm also cautions that digital assets are subject to high volatility and investors could lose all or a substantial portion of their investment. 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.
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Terry Rozier Pushes for Case Dismissal Before Trial

Terry Rozier Pushes for Case Dismissal Before Trial

(AsiaGameHub) - Terry Rozier is attempting to have his federal betting case dismissed before it ever reaches a jury. A Brooklyn judge has now scheduled upcoming proceedings, offering the Miami Heat guard an immediate opportunity for dismissal as the Heat simultaneously address a separate roster issue. Good to Know Oral arguments regarding the dismissal motion are scheduled for April 27. A status conference is slated for May 15. Rozier has entered a not-guilty plea and is contesting federal charges of wire fraud and money laundering conspiracy. Terry Rozier Tries To End The Case Before Trial Rozier aims to have the case thrown out before trial discussions intensify. His attorney, James Trusty, contends that the facts presented by prosecutors are not appropriate for federal court. The defense asserts that the allegations pertain to a sportsbook rule or gaming regulation matter, rather than federal fraud. This differentiation is significant, as wire fraud and money laundering charges can each result in up to 20 years in prison. A central component of this defense relies on a recent Supreme Court decision that restricted prosecutors' application of federal fraud law in cases involving concealed information. Judge LaShann DeArcy Hall consented to hear oral arguments on the dismissal request, indicating that the court views the motion as substantial enough to warrant a full hearing rather than a decision based solely on written submissions. Conversely, prosecutors maintain that the case extends well beyond a mere house rule violation. They assert that the behavior detailed in the indictment constituted a coordinated scheme, thereby justifying federal jurisdiction. Following the April 27 argument, both parties are scheduled to return on May 15 for a status conference addressing the dismissal dispute, discovery, and potential plea negotiations.The case originates from March 23, 2023, when Rozier was a player for the Charlotte Hornets. He participated for just nine minutes against the New Orleans Pelicans before exiting due to a reported right foot injury. His statistics at that time—five points, four rebounds, and two assists—were below the sportsbook prop bets linked to his performance. Federal prosecutors allege that Rozier informed his childhood friend and co-defendant, De’Niro Laster, prior to the game that he intended to leave early due to an injury. The indictment states that Laster subsequently conveyed this information to gambling associates for $100,000, resulting in over $200,000 in prop bets placed on Rozier. Prosecutors further claim that Laster later drove overnight to Rozier's residence to tally the earnings. Well before his arrest, the NBA investigated suspicious betting patterns related to the game and exonerated Rozier. Federal investigators, however, continued their inquiry as part of a broader investigation that subsequently led to numerous arrests. Authorities ultimately apprehended Rozier at an Orlando hotel merely hours after Miami's season opener, and he was released on a property-backed bond. The Associated Press reported this bond to be $3 million. Outside of legal proceedings, the Heat face a clear basketball dilemma. Rozier has not played since his arrest, yet the team has retained him on the roster while considering whether to open up a 15th postseason position. The Miami Herald suggested that waiver action appeared probable. Despite not playing this season, Rozier still received his $26 million salary after the National Basketball Players Association successfully appealed the withholding of his pay during his leave.A favorable outcome for Rozier on April 27 could eliminate the federal case and support the defense's assertion that federal agents reopened an issue the NBA had already concluded. A defeat, conversely, would move the matter closer to trial, leaving both his legal and NBA futures uncertain for the upcoming phase. 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.
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Oklahoma’s Sweepstakes Ban Bill Advances Another Step in the House

Oklahoma’s Sweepstakes Ban Bill Advances Another Step in the House

(AsiaGameHub) - Oklahoma legislators have advanced SB 1589, securing another unanimous vote for legislation aimed at expanding gambling statutes and more explicitly placing online sweepstakes casinos under state regulatory control. Good to Know SB 1589 passed the House Criminal Judiciary Committee by a 6 to 0 vote on April 7. The bill already passed the Senate 48 to 0 earlier in March. If approved by the House and signed by Gov. Kevin Stitt, the measure would take effect on Nov. 1. Oklahoma Bill Widens The Net Around Sweepstakes Casinos The inclusion of a class C2 felony in the Oklahoma proposal underscores the seriousness of lawmakers' intent. Under SB 1589, delivering or marketing the online casino games it covers would result in fines ranging from $500 to $2,000. Simultaneously, the legislation provides an exemption for tribal operators to conduct online social casinos on tribal lands. This provision was incorporated following consultations during the drafting process, as lawmakers also cited millions in lost state revenue from offshore platforms. Following these details, the recent committee action becomes clear. The House Criminal Judiciary Committee moved SB 1589 forward with a 6 to 0 vote on April 7. The Senate had previously passed the identical bill 48 to 0 in March. Sponsored by Sen. Todd Gollihare and Rep. Scott Fetgatter, the bill now proceeds to the House Judiciary and Public Safety Oversight Committee.The statutory wording is designed to extend beyond a single label or product category. SB 1589 defines an online casino game as any internet-based gambling that simulates slot machines, lottery games, bingo, or other banned games when anything of value is at stake. Therefore, the emphasis is not solely on branding but also on the game's format and how rewards are structured. A further crucial element of the bill targets the concept of value. The proposal seeks to revise the definition of a representative of value to include virtual currency in a dual-currency system if that currency is convertible into cash, goods, or other assets. Simply put, legislators aim to address both the casino-style game and the token economy supporting it. This bill aligns with a wider trend among states, with six having enacted similar prohibitions since last year. Indiana and Maine are noted as the latest states to have introduced bills targeting sweepstakes casinos. Oklahoma's legislative session continues until May 29, providing additional time for the proposal to progress. 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.
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