EntainPlans to Close 39 Ladbrokes Stores in Ireland

(AsiaGameHub) - Entain is scaling back its Ladbrokes operations in Ireland following unsuccessful attempts to sell its retail properties. The group intends to shut down 39 stores, endangering 226 jobs, amid mounting pressure on land-based betting in both Ireland and the UK. Good to Know Entain intends to close 39 Ladbrokes outlets in Ireland—roughly over a third of its total retail portfolio there. The firm stated that 226 positions may be impacted, pending consultation processes. Negotiations with Bar One Racing regarding a complete sale concluded without an agreement. Entain Scales Back Ladbrokes Operations in Ireland The closures are scheduled to be completed by the end of May 2026 following staff consultations. Ladbrokes noted that the decision is a response to cost pressures, shifts in consumer behavior, and an increasing threat from the unregulated betting market. The company added that it will prioritize redeploying employees where feasible and will retain over 350 staff members across 66 Irish shops post-restructuring. This downsizing comes after unsuccessful discussions about selling the entire Ladbrokes retail estate in Ireland. Bar One Racing engaged in talks with Entain last year, but those negotiations did not result in a deal. This action aligns with a broader trend in the retail betting sector. Operators in both Ireland and the UK are reducing their physical store networks as online betting continues to gain market share and operational costs keep increasing. Recent reports highlight similar cutbacks at Evoke/William Hill in the UK this week, as well as earlier Paddy Power store closures announced by Flutter in previous years. 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.
More

Golden Entertainment Secures Shareholder Approval and Moves Toward Privatization

(AsiaGameHub) - Golden Entertainment has successfully moved forward with its plan to become a private company. Shareholders have approved the deal with Chief Executive Blake L. Sartini and VICI Properties, positioning the casino operator to exit Nasdaq in the second quarter of 2026, pending regulatory approval. Key Details The master transaction agreement received approximately 20.4 million votes in favor. Golden shareholders are slated to receive roughly 0.902 shares of VICI stock along with approximately $2.75 in cash per share. Seven Nevada casino real estate properties are included in a $1.16 billion sale leaseback agreement with VICI. Golden Entertainment Shareholder Vote Advances Deal The shareholder vote demonstrated overwhelming support for the transaction. Golden reported that the deal garnered approximately 20.4 million votes in favor, with only 208,131 votes against and 20,158 abstentions. A related proposal concerning executive compensation tied to the transaction also passed, although it received about 2.3 million votes in opposition. Upon completion of the transaction, Golden will transition to a private company, and its stock will be delisted from Nasdaq. The terms of the agreement value Golden at $30 per share, which the merger documents indicate represents a 40% premium over the closing price on November 5, 2025. Golden anticipates the closing to occur in the second quarter of 2026, contingent upon gaming approvals and other standard closing conditions. VICI is handling the real estate component of the transaction. The company has agreed to acquire seven casino properties in Nevada for $1.16 billion and will lease them back to a new entity under the control of Sartini. VICI confirmed that the portfolio includes The STRAT, Arizona Charlie’s Decatur, Arizona Charlie’s Boulder, Aquarius, Edgewater, and Pahrump Nugget; Rocky Gap is not part of this transaction. Following the closing, Golden's operating assets will be held by the private entity.Sartini stated: “I am confident that this transaction maximizes shareholder value by offering a substantial premium to our current share price.” “We are delighted to integrate our high-quality Nevada casino real estate with one of the nation's most compelling experiential real estate platforms and to partner in unlocking value within our company and exploring future opportunities.” Golden operates eight casinos and 73 gaming taverns across Nevada. The company's portfolio features approximately 5,500 slot machines, 80 table games, and around 6,000 hotel rooms.“This mission will remain unchanged, and I am profoundly honored to lead Golden’s 5,000 employees into the next phase of our evolution as a private company,” Sartini added. The timing of this transaction follows a period of weaker financial performance. Golden reported a fourth-quarter adjusted loss of $0.33 per share on $155.6 million in revenue, both figures falling short of analyst expectations. The company also announced it would forgo an earnings call due to the pending transaction. For the full year 2025, the operator recorded a net loss of $6 million. 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.
More

Washington Approves College Sports Betting Bill Under Federal Guidelines

(AsiaGameHub) - Washington has expanded sports betting access for tribal casinos, though the state maintains a strict set of rules around this new market. College sports betting is now permitted, with exceptions for bets on Washington schools, in-state games, minor league sports, and several types of prop markets. Good to Know Tribal sportsbooks can now accept wagers on select college sporting events. Bets on Washington colleges and games held within Washington remain banned. Player prop bets tied to Washington college athletes are also prohibited. Washington Expands Tribal College Betting With Clear Limits The new law allows tribal casinos in Washington to take wagers on collegiate sports, but only within well-defined boundaries. Betting on events connected to Washington-based colleges remains outlawed, and this ban also extends to minor league sports. Tribal sportsbooks must continue operating exclusively inside tribal gaming facilities, with mobile wagering restricted to on-site use through geofencing. The measure also blocks multiple wager categories. Sportsbooks cannot offer bets on the performance or nonperformance of an individual athlete enrolled at a Washington college. It also bars wagers linked to wrongful influence over game play or conduct in a sporting event. Bill materials note the changes are meant to strengthen the regulated sports wagering industry while keeping the market tightly controlled. State Rep. Chris Stearns said: “Sports betting should never put athletes or officials at risk.”State Sen. Adrian Cortes stated stronger regulation is needed to protect student athletes as online harassment increases. Rebecca George of the Washington Indian Gaming Association said the bill protects consumers, respects tribal sovereignty, and gives the state more clarity as new products attempt to blur the line around legal gambling. These remarks appeared in legislative reporting on the bill. 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.
More

Indian Gaming Association Announces New Board Leadership for 2026 Convention

(AsiaGameHub) - The membership of the Indian Gaming Association selected Tehassi Hill as Vice Chairman and Michell Hicks as Treasurer during the 2026 Indian Gaming Tradeshow & Convention held in San Diego. Both individuals will serve two-year terms. Key Information Tehassi Hill, who serves as Chairman of the Oneida Nation, secured the Vice Chairman position. Michell Hicks, the Principal Chief of the Eastern Band of Cherokee Indians, was chosen as Treasurer. Chairman David Z. Bean linked the new leadership appointments to the ongoing struggle against illicit prediction market activities and federal overreach. IGA Welcomes New Officials Hill and Hicks assume their roles during a challenging period for tribal gaming. Hill, now in his third term leading the Oneida Nation, stated: “We must maintain our focus on the challenges ahead while continuing to share the narrative of our accomplishments. “It is crucial that we stand united and build solidarity as a formidable power for our tribal nations.”Hicks expressed a similar perspective after the swearing-in ceremony. He remarked: “We face numerous obstacles, including the expansion of illegal markets that pose a threat to our industry.” He added that confronting these threats will necessitate “strategy, resources, and a unified effort.” Bean commented that the election demonstrated strong support across the organization. He stated: “Today’s election reflects the strength of our tribal leadership and the unity of our membership.” Bean also noted that the group is strengthening its leadership as it confronts “unauthorized prediction market activities and federal overreach.”The vote occurred during the final segment of the 2026 convention, where concerns regarding prediction markets and sovereignty remained high on the agenda. 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.
More

Macau Casino Revenue Rises 15% in March to $2.80 Billion

(AsiaGameHub) - Casino earnings in Macau continued their upward trend in March, as gross gaming revenue (GGR) hit MOP22.61 billion (approximately $2.80 billion). This figure represents a 15% year-over-year increase and remains largely consistent with January's performance following a dip in February. Key Highlights Monthly GGR for March climbed 15% compared to the previous year, totaling MOP22.61 billion. Revenue saw a 9.8% increase from the MOP20.6 billion recorded in February. GGR for the first quarter of 2026 amounted to MOP65.9 billion, a 14.3% rise over the same period last year. Macau's GGR Continues Growth in March Data from the Gaming Inspection and Coordination Bureau shows that Macau's gaming venues brought in MOP22.61 billion during March. This total is 9.8% higher than February's figures and slightly below the MOP22.63 billion reported in January. Market experts anticipated a strong March due to favorable year-on-year comparisons and sustained demand following the Lunar New Year. These latest results brought the first-quarter GGR to MOP65.9 billion, marking a 14.3% annual improvement. Despite this expansion, the region remains under pressure to maintain steady gaming income. Chief Executive Sam Hou Fai cautioned in April 2025 that if monthly revenues fall under 15 billion patacas, it could strain the budget of the city, which relies significantly on gaming tax receipts. For casino operators, the March data suggests a market that continues to expand, albeit with some fluctuations. While revenue significantly outpaced February, it fell just short of January's levels, highlighting how Macau's performance remains tied to the timing of holidays, demand from mainland China, and the premium mass segment. 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.
More

BGaming Releases Royal Easter Slot Centered on Classic Gameplay

(AsiaGameHub) - BGaming has introduced a more subdued seasonal offering with Royal Easter, a slot designed with classic gameplay at its core rather than overt holiday themes. The game features a palace garden backdrop, Fabergé-inspired eggs, and a refined aesthetic intended to ensure the title's relevance beyond the Easter period. Key Features Royal Easter operates on a 5×3 grid and features low volatility. The game incorporates multiplier symbols, Free Spins, a buy bonus option, and a Chance x2 feature. BGaming has scheduled the release date for March 26, 2026. BGaming Elevates Easter Slots with a Sophisticated Design Royal Easter departs from typical cartoonish bunnies and egg hunt motifs. Instead, BGaming has centered the slot around ornate visuals and well-known mechanics, offering a more tranquil experience tailored for casual players and those who prefer a traditional reel setup. Up to five x2 multiplier symbols can appear on a single spin and combine to enhance winnings. Free Spins introduce a pay-anywhere mechanic and can be activated by three or more scatters or purchased directly. Players also have the option to enable Chance x2, which doubles the likelihood of landing scatters. BGaming's objective was to create a game that feels less like a fleeting holiday release and more like a slot with enduring appeal. Vasili Pauliuchenko, Game Producer at BGaming, commented:“Our aim for Royal Easter was for it to feel valuable rather than solely tied to a season. We envisioned a slot that would establish its presence in the market in April and remain there. “The sophisticated details, familiar mechanics, and consistent pace were all intentional choices, made for players who appreciate a classic experience executed with excellence.” 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.
More

Flutter Faces Strategic Uncertainty Over FanDuel’s Fox Option

(AsiaGameHub) - Although FanDuel has established itself as the leading revenue-generating sportsbook in the U.S., Flutter remains under the shadow of a long-standing option held by Fox. This right pertains to 18.6% of FanDuel and maintains a significant variable regarding valuation, strategy, and licensing. Good to Read Fox is permitted to acquire 18.6% of FanDuel in a single transaction at any time prior to December 2030. The option price was valued at $4.8 billion at the conclusion of 2025 and increases by 5% annually. FanDuel currently accounts for nearly half of Flutter's revenue, rendering the issue difficult to overlook. Fox Option Remains Over FanDuel FanDuel provides Flutter with its most powerful U.S. growth engine, yet a portion of that potential upside could still be diverted. Under the terms associated with the 2019 acquisition of The Stars Group, Fox retains an option to purchase 18.6% of FanDuel, which can only be exercised in full. This is significant because FanDuel has become central to Flutter's operations. Since acquiring FanDuel in 2018, the brand has matured into the country's top revenue-producing sportsbook, while growth in mature markets like Ireland and the U.K. has slowed. Essentially, FanDuel now handles the majority of the heavy lifting for the broader group. Flutter highlighted this risk once more in its 2025 10-K report. The company stated: “In the event that Fox exercises the Fox Option, we would be required to sell to Fox a significant minority stake in our FanDuel business.” It further added: “If at that point Fox’s consent is required for certain actions we wish to take and we are unable to obtain it, we may not be able to pursue elements of our business strategy.”The price is a critical factor. Following arbitration between the two companies, Fox secured the right to buy that 18.6% stake at a fixed price of $4.8 billion as of December 31, 2025, with a 5% annual compounded increase if Fox defers. Fox has until December 2030 to act, must pay in cash, and would require gaming licenses to finalize the transaction. Currently, this arrangement does not suggest an immediate deal is imminent. Flutter held a market value of approximately $20 billion in early April 2026, similar to its position when the arbitration value was determined in 2023, according to the provided source material. At this valuation, Fox would see minimal direct upside from exercising the option. Nevertheless, the overhang persists. If FanDuel's value appreciates faster than the 5% annual hike in the strike price, the economics become more enticing for Fox. This implies that some future upside in FanDuel is effectively capped for Flutter, as Fox already possesses a path to buy in at a pre-set formula. There is also an operational dimension to consider. A Fox stake approaching 20% would impact not only valuation calculations but also decision-making within FanDuel should consent rights be activated. Flutter has clarified that such a configuration could constrain parts of its wider business strategy.Licensing introduces an additional layer of complexity. FanDuel offers sportsbook, online casino, and daily fantasy sports products across more than twenty U.S. states. Fox would need regulatory approval across these gaming markets before it could assume ownership. Fox previously attempted a direct betting venture in the market via Fox Bet with The Stars Group, but that brand closed in 2023 after maintaining less than 1% of national market share. Another unresolved question exists outside the balance sheet. It remains unclear how a future Fox stake would integrate with Fox's sports media assets. This is significant in a market where connections between media and betting are already prevalent. DraftKings, for instance, partners with ESPN as a sponsor and odds provider. Flutter further solidified its control over FanDuel in 2025 by agreeing to purchase the 5% stake held by Boyd at an implied FanDuel valuation of roughly $31 billion. This deal emphasized the asset's growing value and explains why the Fox option continues to resurface as a focal point. 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.
More

Canada Urges Compliance with Securities Regulations for Prediction Markets

(AsiaGameHub) - Canadian regulatory bodies have delivered another explicit message concerning prediction markets. While event contracts may be permitted in limited scenarios, sports betting, election wagering, and short-term binary options still remain outside permissible boundaries. Key Information Canadian authorities state that event contracts classified as securities or derivatives are required to comply with registration and recognition regulations. CIRO members are only allowed to provide authorized contracts that carry terms of 30 days or longer. Sports and political event-related contracts remain prohibited under the current regulatory framework. Canada Reiterates Its Warning for Prediction Markets The Canadian Securities Administrators and the Canadian Investment Regulatory Organization issued a new statement on Thursday to remind companies that event contracts are subject to strict restrictions across Canada. Any firm that trades these contracts, or supports clients in trading them, must adhere to securities or derivatives legislation. Regulators also cautioned that non-compliance may lead to enforcement action. The timing of this statement was not coincidental. A CIRO bulletin published last week outlined the existing limits for dealer members, after Wealthsimple obtained approval for a limited set of event contracts, with the Canadian division of Interactive Brokers having received similar authorization earlier. Even with these approvals in place, the permissible scope remains very narrow. Contracts must be linked to fields such as economics, financial markets, or the environment, and must have a minimum maturity period of 30 days. Sports betting and election wagering are not allowed. Regulators also clarified that no prediction market has been recognized as an exchange in Canada, registered as a dealer, or granted exemption from these requirements by the CSA. In simpler terms, Canadian clients may access limited offerings through approved investment dealers, but the broader U.S.-style operating model has not been approved for use north of the border. This position aligns with Canada's previous regulatory actions around binary options. In certain CSA jurisdictions, rules prohibit any party from advertising, offering, selling, or trading binary options with a maturity term of less than 30 days to individual investors. Ontario has already applied this regulatory approach to Polymarket. In April 2025, the Ontario Securities Commission reached a settlement with the platform's current and former operators over violations of the binary options ban. Contracts tied to sports and political events were part of the case, and the settlement included financial penalties, two-year market access bans, and restrictions on marketing the platform to Ontario residents. This latest reminder comes as prediction markets in the U.S. continue to expand and face growing scrutiny from lawmakers and regulators. Canada, by comparison, has shown little interest in opening its market to this type of expansion. For now, the guidance is clear: keep event contracts limited in scope, ensure they have long maturity terms, and exclude sports and political events entirely. Frequently Asked Questions Is it legal to operate or use prediction markets in Canada? Only in a very limited capacity. Regulators allow restricted event contracts to be offered through approved firms, but these offerings must comply with securities or derivatives regulations. Are companies operating in Canada permitted to offer sports event-linked contracts? No. Existing CIRO rules do not allow event contracts that function as sports betting products. What is the shortest allowed maturity term for authorized event contracts? A minimum of 30 days. What was the outcome of the Polymarket case in Ontario? Ontario regulators reached a settlement with the platform over violations of the binary options ban, which included contracts tied to sports and political events. Has any prediction market received official recognition as an exchange in Canada? No. The CSA confirmed that no prediction market has been recognized as an exchange, registered as a dealer, or granted exemption from these regulatory requirements. 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.
More

Indian Gaming Association Urges Tribal Leaders to Gear Up for Battle Over Prediction Markets

(AsiaGameHub) - The Indian Gaming Association commenced its 2026 Indian Gaming Tradeshow & Convention with prediction markets dominating the agenda, portraying event contracts as a significant threat to tribal gaming, state power, and consumer safeguards. Good to Know Workshops and panels on the opening day concentrated on prediction markets and event contracts supervised by the CFTC. IGA officials encouraged tribes to forge a broader alliance involving states, attorneys general, regulators, and partner organizations. Chairman David Z. Bean stated that tribes are engaging in both legal battles and legislative efforts. IGA Prioritizes Prediction Markets at the Start of the Event Instead of a gradual start to the week, the Indian Gaming Association kicked off its San Diego convention by highlighting prediction markets immediately. A major panel, “Prediction Markets: Building the Coalition for the Fight Ahead,” featured Victor Rocha, James Siva, and David Z. Bean discussing strategies for tribes to extend the conflict outside of Indian Country. According to speakers, the issue extends far beyond gaming income. Throughout the day, concerns were raised regarding tribal and state sovereignty, consumer safety, and the potential for event contracts regulated by the CFTC to circumvent established gaming regulations. Bean concluded the day with a more urgent appeal for action. He stated:“This is bigger than Indian gaming. This is about protecting the integrity of our industry, protecting tribal sovereignty, and protecting state sovereignty. What we are seeing right now impacts all of us. “Through their inaction, the message being sent is that our laws, our operations, and our sovereignty do not matter.” IGA also emphasized that tribes are not isolated in their efforts. Bean noted that allies within state governments, regulatory bodies, and other industry sectors share a common goal of safeguarding legal markets and regulatory oversight. He added: “We are pursuing a parallel path forward through litigation and legislation. We are preparing to defend our rights and ensure that the law is upheld.” 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.
More

Australia to Enforce Stricter Gambling Advertising Regulations Starting in 2027

(AsiaGameHub) - Starting January 1, 2027, Australia is set to enforce stricter regulations on gambling advertisements, imposing fresh restrictions on television, radio, the internet, sports stadiums, and team kits. The Albanese administration stated that this initiative seeks to mitigate gambling-related damage, with a particular focus on protecting minors. Key Highlights Gambling advertisements will be prohibited during live sports broadcasts between the hours of 6 a.m. and 8:30 p.m. The use of celebrities and athletes in gambling advertisements will be forbidden. Advertisements on the internet will be restricted solely to users who are at least 18 years old and logged into a verified account on the device being used. Australia Implements Comprehensive Restrictions on Gambling Advertising Prime Minister Anthony Albanese described the measures as “The most significant reform on gambling that has ever been implemented” within the nation. He further clarified that the objective is to permit adult betting while ensuring that children are not exposed to a pervasive environment of betting promotions. The incoming legislation prohibits gambling promotions within sporting arenas and on the attire of players and officials. Television commercials will be limited to a maximum of three per hour from 6 a.m. until 8:30 p.m., a period during which live sports events will be completely free of such ads. Additionally, radio advertisements will be suspended during weekday school drop-off and pick-up hours. The regulatory framework also extends to digital channels. Online gambling marketing will be inaccessible unless the user is aged 18 or older and signed into a validated betting account on the specific device. Users will retain the ability to opt out. Furthermore, the administration announced intensified efforts against illicit offshore wagering websites and potential prohibitions on gaming applications that mimic casino-style machines.These updates come after prolonged demands for stricter regulations. Nevertheless, certain proponents of reform argue that the measures are insufficient as they fall short of a total prohibition. The government is scheduled to present its official reply to the Murphy report in Parliament on May 12. 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.
More
Report slams Meta for profiting from illegal gambling promotion

Report slams Meta for profiting from illegal gambling promotion

(AsiaGameHub) - An investigation commissioned by Flutter has exposed the deceptive strategies of the black market, as the lines between the regulated industry and unlicensed operators grow increasingly blurred. In an interview with SBC News, former fraudster turned investigator and government advisor Alex Wood— who led the probe— emphasized that ‘the biggest problem is being able to tell a dodgy site apart from a legitimate one’, as players are lured into the trap of using black market platforms. Wood employed several approaches to uncover the underhand tactics of illegal operators: false responsible gambling information, manipulative marketing, withdrawal issues, and failure to verify customer details. During his investigation, he warned that social media providers are enabling widespread promotion of black market operators, singling out Meta for criticism. He told SBC News: “I was at a police event where it was stated that Meta makes more money from crime than any criminal organization in the world— whether it’s romance fraudsters, illegal betting, or dodgy crypto investments. “They’re earning more by charging to display this content than all influencers combined. And while they’re raking in that money, there’s nothing anyone can do about it. “Home Office representatives at the event said: ‘We’ll sue Meta’, but they’ll just appeal, keep appealing, and we’ll run out of funds.” Notably, he also revealed that Meta hosts the full betting journey— from onboarding to deposit to loss— within native apps like Instagram on iOS. He expressed concern that by enabling this process, social media platforms are lending ‘a veneer of trustworthiness and legitimacy’ to ‘deeply harmful’ black market sites. Wood shared that during his investigation, he found examples where entire transactions occur within Instagram, with no redirection to a third-party site. “Their name is visible throughout the process, so they have visibility of these transactions and charge a commission on all deposits.” Wood noted that the verified account feature on platforms like Instagram can be seen as giving operators ‘a clean bill of health’ and thus offering ‘tacit endorsement’— which is inappropriate, as the content they post ‘glamourises illegal and unlicensed operators’ that shouldn’t accept UK players. He also highlighted the presence of young male influencers (some linked to the manosphere) driving their followers to black market operators, often via harmful social media content. Previously speaking to iGaming Expert, BetBlocker Chief Executive Officer Duncan Garvie expressed concern over ‘a huge problem in UK advertising regulation’ regarding streamers and influencers. Garvie stated: “Licensed gambling operators would face intense scrutiny for using marketing channels that appeal to younger audiences. But these rules are embedded in UKGC gambling licensing conditions. “Since influencers aren’t required to be licensed, and unlicensed brands are unrestricted by UKGC edicts, these stakeholders are free to partner in a way that completely undermines the marketing protections the licensing system is meant to deliver.” He added: “This is compounded by influencers directing younger consumers to unlicensed gambling operators. We’re losing our young population to the black market, and once they’re gone, it’s unlikely they’ll return. “More must be done to require streaming platforms to ensure their content creators market products legally fit for the markets they reach.” Speaking at the Illegal Gambling Prevention Summit, Wood warned that blocking domains isn’t enough—it’s merely ‘squeezing the balloon’—and noted the most effective way to thwart the black market is to stop payment service providers from moving money out of the UK. This surging threat comes as the regulated market faces an increasingly tough environment, opening the door wider for unlicensed operators to boost exposure and gain a larger market share. Commenting on rising taxation rates and stricter regulations, Wood issued a stark warning to regulators: ‘If you wanted to guarantee the black market’s success, you’re doing everything right’. 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.
More
Lynon Expands Through Partnership with ICONIC21

Lynon Expands Through Partnership with ICONIC21

(AsiaGameHub) - Lynon has bolstered its aggregation platform through a fresh content partnership with ICONIC21. As part of this collaboration, Lynon’s operator partners will now gain access to ICONIC21’s full collection of slot games, live casino offerings, and virtual titles. Tigran Ayvazyan, Managing Partner at Lynon, stated: “We are thrilled to welcome ICONIC21 onto our aggregation platform. Our goal is to provide operators with the most comprehensive and engaging content currently available across the industry. We believe that combining ICONIC21’s fast-paced product portfolio with our seamless integration capabilities will deliver exceptional results for our partner operators.” Among the newly accessible content is ICONIC21’s Gravity series, including the recently released vertical game show Gravity Wheel, which features dynamic multipliers in every game round to boost player engagement. Alina Mihaela Popa, Chief Commercial Officer at ICONIC21, added: “Partnering with Lynon is a natural fit, as both companies share a commitment to nurturing long-term, value-driven partnerships. Lynon’s ability to bring our products to a wide range of operators is a key pillar of our expansion strategy. “By providing their network with our full range of games, from the fast-paced Gravity Wheel to our latest instant-win titles, we are ensuring that more players can experience the quality and innovation that define ICONIC21.” Why live casino needs game show formats Earlier this year, Popa spoke with iGaming Expert about the need for faster, more intuitive game experiences to capture the attention of modern audiences. She argued that as attention spans continue to shrink, the industry needs “faster, clearer and more decisive games”, such as game show formats. “Fast-paced game shows solve a common problem for players,” Popa explained. “They reduce cognitive load while increasing emotional intensity. Instead of long decision trees or slow rounds, players are given immediate clarity, with straightforward mechanics and clear outcomes—no need to read a guide. You grasp the game on your first try. In a mobile-first environment, this is a critical factor. Games that drag their feet lose players, while direct, simple games keep them engaged.” Want to hear more stories like this? Check out the new SBC Media YouTube Channel, the new home of all things multimedia at SBC, where our team deep-dives into the biggest stories from across the sports betting, iGaming, affiliate and payments industries. 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.
More
NY governor cautions about AI targeting gamblers

NY governor cautions about AI targeting gamblers

(AsiaGameHub) - New York State Governor Kathy Hochul has introduced a series of proposals aimed at protecting against underage online gambling. Hochul set aside a portion of her 2026 State of the State speech to instruct the New York State Gaming Commission to take suitable measures, noting that mobile sports betting is ‘luring everyone—including our young people—to place bets without fully thinking through the outcomes’. “We require robust regulatory protections to stop individuals under 21 from gambling, prevent artificial intelligence from exploiting gamblers, and mandate sports betting operators to take meaningful steps if any of their customers display signs of gambling-related harm,” she added. In response to this directive, the state’s gaming regulatory body has released proposals that will mandate operators to utilize geolocation tools and put in place age-verification and device registration measures to stop individuals under 21 from downloading gambling apps. Operators will also ask players to submit biometric information when setting up an account to confirm that the app is being used by the individual who originally created the account. Per the National Council on Problem Gambling, nearly two-thirds of U.S. adults stated they gambled before turning 21. Of those who did, 23% placed a sports bet and 21% played online casino-style games. Gaming Commission Chair Brian O’Dwyer said: “No other type of gambling has become as ingrained in our awareness as sports betting, and vulnerable children are regularly exposed to this activity. We’ve found extra methods to safeguard our youth, assist those in crisis, and maintain safe, legal, and regulated gaming for all New York residents.” Additionally, the commission aims to address AI usage and has put forward a proposal to ban all licensees from using AI to provide customized promotions or recommended bets. These proposals, along with a distinct set of measures to roll out a three-step protocol for operators to assist at-risk players, have been released by the commission for feedback from relevant stakeholders by May 15. Is iGaming on the horizon for New York? New York’s online sports betting market is among the biggest in the U.S. and is still expanding. In December 2025, players bet more than $2.38 billion, with market leaders FanDuel and DraftKings reporting revenues of $120.1 million and $84.1 million, respectively. Even with this growth, online casinos are still banned. But certain parts of the New York Senate have been advocating for regulated iGaming to come to The Empire State. Following Governor Hochul’s signing of a law banning the operation and promotion of sweepstakes games, State Senator Joseph Addabbo shared his view that this legislation should act as a stepping stone to regulating iGaming. “Enacting my bill into law isn’t the final word—it’s a necessary step toward the responsible modernization of New York’s online gaming environment,” Addabbo stated. “By closing down unsafe, unregulated sweepstakes casinos, New York is reaffirming that any online gaming in the state must be legal, properly regulated, and equipped with strong consumer safeguards.” 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.
More
SOFTSWISS Introduces Motion to Reduce Reliance on Technical Resources

SOFTSWISS Introduces Motion to Reduce Reliance on Technical Resources

(AsiaGameHub) - SOFTSWISS has rolled out its new feature Motion in a bid to lower the demand for technical resources across operations. Billed as a ‘no-code workflow automation tool’, the feature is embedded into SOFTSWISS’s casino platform and allows operators to automate core processes including bonus distribution, user segmentation and player tagging. Designed for use by CRM and customer retention teams, Motion operates using three core elements: a trigger, a condition and an action. As an example, operators can input a trigger event such as a new player registration or deposit, then set a rule that specifies which players the relevant action applies to. The action then determines the end result, for instance distributing a bonus to eligible users. Once fully configured, Motion runs these established rules automatically with no requirement for manual input from staff. Suren Vardanyan, Head of Sales for SOFTSWISS’s Casino Platform, commented: “Motion solves a common operational pain point for operators – their reliance on technical teams to carry out day-to-day CRM tasks. “By enabling teams to set up and run player management logic directly within the platform, it eliminates delays and repetitive manual processes. This lets CRM and retention teams focus their efforts on strategic planning and player engagement, while supporting a shift toward greater operational autonomy, where business teams can take action faster and depend less on coordination with technical teams.” Per SOFTSWISS’s official figures, Motion is already being used by more than 130 casino projects globally. Focus turns to AI Earlier this year, SOFTSWISS announced the appointment of Denis Romanovskiy as the company’s first ever Chief AI Officer. Previously one of the firm’s Deputy Chief Technology Officers, Romanovskiy now leads the delivery of SOFTSWISS’s AI strategy and oversees the rollout of its dedicated AI platform, which is built to scale AI automation capabilities across all parts of the business. Ivan Montik, Founder of SOFTSWISS, noted that the creation of this new role is a clear demonstration of the critical role AI plays in the future of tech development, and the investment in specialized leadership reflects SOFTSWISS’s ambition to remain at the “forefront of the shift”. “We have seen first-hand the impressive outcomes AI can deliver,” said Romanovskiy when the appointment was made public. “Our current focus is on building AI into a trusted, well-governed and cost-efficient capability that delivers measurable productivity improvements across every department of the business.” 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.
More
Gambling advertising restrictions tightened

Gambling advertising restrictions tightened

(AsiaGameHub) - Following extensive deliberation, a new chapter is finally set to begin for gambling in Australia, as the government rolls out a long-awaited legislative overhaul. The Albanese Government’s reforms will establish a far stricter framework for gambling advertising, either restricting or fully banning when and where these ads can appear across the nation’s broadcast, digital and social media platforms. These new gambling advertising rules will be paired with a crackdown on certain harmful products and illegal offshore gambling operators, alongside strengthened enforcement measures and improved support for self-exclusion programs and financial counselling. Prime Minister Anthony Albanese had previously held reservations about implementing a gambling advertising ban. Now, however, he appears poised to introduce such a measure to strike the right balance in Australia’s gambling market. Albanese remarked: “This government is taking decisive action to address the community and public health concerns linked to gambling. “We’re getting the balance just right here: allowing adults to gamble if they choose, while making sure Australian children are not exposed to betting ads wherever they look. The last thing we want is for young people to grow up associating football with gambling.” Australia’s gambling ad ban legislation Set to take effect on 1 January next year, the legislation places limits on gambling ads on broadcast television: no more than three ads per hour between 6am and 8.30pm, with a complete ban during live sports broadcasts within that time frame. Gambling ads will also be prohibited from: Running on radio stations during school drop-off and pick-up windows (8am to 9am and 3pm to 4pm). Appearing on online platforms, unless a user is logged in, aged 18 or older, and has the option to opt out of these advertisements. Featuring celebrities, professional athletes, or odds-focused ads targeted at sports fans. Being displayed in sports venues and on the uniforms of athletes and match officials. Additional legislation to complement the gambling advertising reforms includes: Cracking down on harmful and emerging online lottery products, as well as banning online keno “pocket pokies”. Standardizing match-fixing as a criminal offense across Australia to improve sports integrity. Strengthening enforcement actions against illegal gambling operators. Bolstering BetStop, the national self-exclusion register, following its recent statutory review Expanding access to financial counselling support for those affected by gambling harm, and working to boost public awareness of the risks of online gambling. The government will draft legislation to enact these measures, with the full reforms set to launch on 1 January 2027. Anika Wells, Minister for Communications and Minister for Sport, added: “Gambling addiction is a critical public health issue, and this announcement marks landmark reform to reduce gambling harms in Australia’s history. “Starting on 1 January next year, Australians will be able to gather with their families to cheer on their favorite teams without being bombarded by gambling advertising. “Our reforms will sever the link between sports and wagering, minimize children’s exposure to betting advertisements, and reduce the saturation of these ads across online, radio and television platforms. “Australian parents, families and sports fans have been calling for action, and we thank all those involved for their ongoing engagement and advocacy as we worked tirelessly to strike the correct balance.” Want to catch more stories like this? Visit the new SBC Media YouTube Channel, the go-to destination for all multimedia coverage at SBC, where our team delves deep into the biggest stories across the sports betting, iGaming, affiliate marketing and payments industries. 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.
More
CFTC Chair Criticizes ‘Politically Driven’ Legal Action Against Prediction Markets

CFTC Chair Criticizes ‘Politically Driven’ Legal Action Against Prediction Markets

(AsiaGameHub) - The leader of the Commodity Futures Trading Commission (CFTC) has cautioned that prediction markets could meet a fate similar to FTX without a unified regulatory approach. Michael Selig, during a guest appearance on the Farokh Radio podcast, shared his worries that the sector might ‘implode’ as it is pushed further into offshore markets. He remarked: “We witnessed the downfall of FTX and various crypto entities, and I fear a similar outcome for prediction markets if they are forced into unregulated offshore spaces. “It is essential that these platforms register within the United States so that our regulatory framework can ensure market fairness, safeguard investors, and establish clear boundaries.” Regulated by the CFTC, companies like Kalshi and Polymarket have seen significant growth in the U.S., serving as substitutes for sports wagering in regions where such activities remain illegal. Major gambling firms, including DraftKings and FanDuel, have also introduced prediction market products to gain a foothold in states where they were previously restricted. Nevertheless, various states have challenged these moves, arguing that the platforms are breaching local gambling statutes by providing services that resemble sports betting. Last month, a bipartisan proposal was submitted to the US Senate by Senators Adam Schiff and John Curtis, seeking to prohibit sports-related contracts and ‘casino-style games’ on prediction platforms. “Congress must act to shut down this loophole, which undermines state protections for consumers, interferes with tribal rights, and generates no tax income,” Schiff stated regarding the legislation. In response, Selig criticized the ‘politically motivated’ legal challenges from states, calling for cooperation with the CFTC to develop transparent regulatory guidelines. “There is a tendency to avoid collaboration, and I am unsure why some states take this path when we are eager to coordinate with commissions to establish proper policies,” he noted. “Our goal is to refine policy alongside all interested parties. We want to avoid a situation where states sue our registered entities to claim jurisdiction, mirroring the previous administration’s approach to crypto through enforcement-led regulation.” Internationally, several countries have also moved to ban platforms such as Polymarket and Kalshi. Recently, a court in Romania ruled against Polymarket following a challenge to the National Office for Gambling’s decision to blacklist the site as an unauthorized gambling service. Conversely, Gibraltar, a prominent European iGaming center, has signaled its support for the industry by granting a license to a prediction market firm. Nigel Feetham, Gibraltar’s Minister for Justice, Trade and Industry, expressed confidence in the sector's future, informing parliament that it represents a ‘significant opportunity for expansion’. 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.
More
Lucien Barrière Group Acquires Póvoa de Varzim Casino

Lucien Barrière Group Acquires Póvoa de Varzim Casino

(AsiaGameHub) - The Lucien Barrière Group has acquired one of Portugal’s most historic casinos, Póvoa de Varzim Casino, thereby expanding its international retail portfolio. Póvoa de Varzim Casino, a seaside resort that employs 220 individuals, has been a fixture for nearly a century, having opened its doors in 1934. It is situated approximately 30km from Porto. Featuring French architecture, the acquisition will grant Barrière access to the casino’s 500 gaming stations, which include slot machines and electronic table games, as well as 11 traditional gaming tables, a restaurant, a bar, and a theatre with over 400 seats that hosts a regular schedule of shows and events. Clément Martin-Saint-Léon, General Manager of the Lucien Barrière Group’s Casino, commented: “Póvoa de Varzim embodies all the elements that make the projects we develop unique: a place rich in history, a dynamic destination, and genuine potential for transformation. “Our objective is to present a contemporary vision of the casino, positioning it as a vibrant hub in its own right, where gaming converges with performing arts, fine dining, and the overall guest experience.” With the addition of Póvoa de Varzim, Barrière intends to implement a phased approach to modernizing the gaming offerings, enhancing the customer experience, redesigning dining concepts, expanding the arts and events program, and improving integration with Porto's tourist flow. Barrière also indicated plans to broaden its presence in Portugal beyond this acquisition, with a residential and hotel project slated to commence operations in Lisbon soon. Grégory Rabuel, Chief Executive Officer of the Lucien Barrière Group, stated: “This aligns perfectly with Barrière's current development strategy: evolving iconic establishments to unlock their full potential while preserving their inherent identity.” Currently, Barrière operates 32 casinos and one gaming club under the Barrière Casino brand, in addition to 20 luxury hotels and nearly 200 restaurants and bars. In recent months, operators have presented varied perspectives on the Portuguese gambling market, with some making investments while others have withdrawn from the region. Earlier this year, Super Group’s Betway relinquished its online sports betting and iGaming licenses to Portugal’s gambling regulator, the Serviço de Regulação e Inspeção de Jogos (SRIJ), ceasing operations on its sites after their revocation at the company's request. The licenses were held by GM Gaming Limited, which managed the Betway brand in Portugal. “As a global business listed on the NYSE, we meticulously evaluate all markets and their performance against our objectives,” the company explained. “Following a comprehensive review, we have decided to surrender our license in Portugal to concentrate on existing markets and growth areas with greater potential.” Conversely, in March, Rank Group secured a license to introduce its YoBingo brand in Portugal, following an assessment and certification process for its bingo platform that spanned nearly six years. SRIJ authorized BingoSoft, the Malta-based operating entity for YoBingo, to become the 17th licensed online gambling brand permitted to operate in the Portuguese market, authorized to offer online bingo alongside a curated selection of certified slot and casino games. For more stories of this nature, visit the new SBC Media YouTube Channel, the central hub for multimedia content at SBC, where our team provides in-depth analysis of major developments across the sports betting, iGaming, affiliate, and payments industries. 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.
More

Singapore Appoints Hoong Wee Teck as New Chairman of Gambling Regulatory Authority

(AsiaGameHub) - Singapore has announced a leadership change at the Gambling Regulatory Authority, with Hoong Wee Teck assuming the role of chairman effective April 1. This appointment ensures that a senior figure with extensive law enforcement experience will lead the regulator responsible for overseeing all forms of gambling within the city-state. Good to Know Hoong Wee Teck commenced his term as GRA chairman on April 1, 2026. He succeeded Tan Tee How, who had chaired the authority since 2018. The Singapore Ministry of Home Affairs stated that Hoong served 38 years in the Singapore Police Force, including 11 years as commissioner. Singapore Hands GRA Chair to Former Police Chief The transition became effective on Wednesday, April 1, with Hoong Wee Teck moving from deputy chairman to chairman of the Gambling Regulatory Authority. Official Singaporean records now list him as the board's chairman. The Singapore Ministry of Home Affairs noted Hoong's 38 years of service in the Singapore Police Force, including 11 years as commissioner. This background provides the regulator with a chairman possessing deep expertise in enforcement and public sector oversight, particularly as Singapore maintains strict control over gambling activities. Tan Tee How is departing from the role after serving as chairman since 2018. The ministry extended its gratitude for his contributions, stating that he helped guide a broader transformation of the regulator's function. Under his leadership, the previous casino-focused structure evolved into a more comprehensive national gambling regulator.This aspect holds significant importance in Singapore. The GRA's mandate is no longer confined solely to casino oversight. The ministry explained that the authority was transformed from a casino regulator into the national regulator for all types of gambling in the country. Tan was also credited with assisting the agency in maintaining robust governance while ensuring gambling remains free from criminal influence and minimizing harm to society. Singapore continues to be one of Asia's most tightly regulated gambling markets, featuring a casino duopoly comprising Marina Bay Sands and Resorts World Sentosa. Within this context, the chairman's role carries weight far beyond merely overseeing land-based casinos. FAQ Who has been appointed as the new chairman of Singapore's Gambling Regulatory Authority? Hoong Wee Teck assumed the chairmanship of the Gambling Regulatory Authority on April 1, 2026. Whom did Hoong Wee Teck succeed? He took over from Tan Tee How, who had held the chairman position since 2018.What was Hoong Wee Teck's position prior to becoming chairman? He served as deputy chairman of the GRA before ascending to the top leadership role. What is Hoong Wee Teck's professional background? The Singapore Ministry of Home Affairs reported that he spent 38 years in the Singapore Police Force, with 11 of those years as commissioner. What changes did Tan Tee How facilitate at the GRA? The ministry indicated that under his guidance, the GRA transitioned from a casino-focused regulator to the national authority overseeing all types of gambling. Which casinos are operational within Singapore's regulated market? The city-state features a casino duopoly consisting of Marina Bay Sands and Resorts World Sentosa. 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.
More

Flutter Resumes US Poker Operations Under PokerStars on FanDuel Brand

(AsiaGameHub) - Flutter has reintroduced its US poker operations under a new structure, bringing back the PokerStars brand rather than phasing it out entirely in favor of FanDuel. The new platform, which is listed in app stores as PokerStars on FanDuel, launched on Wednesday and has immediately altered the competitive landscape for shared liquidity online poker. Key Takeaways The new application is named PokerStars on FanDuel. Players in Pennsylvania are now part of a unified player pool with those in New Jersey and Michigan. Existing users can still access the previous client for withdrawals at this time. Shared Liquidity Returns to the Forefront The most significant practical change is not the branding, but the liquidity. Players in Pennsylvania are now combined with players in New Jersey and Michigan, creating a larger multi-state player pool for the relaunched network from the outset. This is important because PokerStars USA had lost ground after being slower than competitors to integrate Pennsylvania, which is the largest state by population with legalized online poker. Once a market leader, the brand had fallen behind partly due to the delayed integration. The relaunch also clarifies the branding strategy. Initial indications suggested a complete transition to FanDuel, but Flutter has retained the PokerStars brand within the product. Consequently, the brand is once again available to US players, albeit within a FanDuel-affiliated format.Players who still have funds in their old PokerStars USA accounts can log in to make withdrawals. By the end of the month, any remaining balances will be sent via check to the address associated with the player account. PokerStars “Lite,” which manages play money games and private clubs, appears to be unaffected and continues to operate as usual. New Bonuses Introduced Amidst Player Complaints Flutter has presented the product as an enhanced poker offering, leveraging PokerStars' software and FanDuel's market reach. Aaron Dugan, general manager of PokerStars at FanDuel, stated: “By combining PokerStars’ industry-leading poker experience with FanDuel’s scale and reach, we’re able to deliver bigger games, larger prize pools and a more dynamic experience. We look forward to welcoming players to the tables.” Players are being offered some initial incentives. All users are eligible to claim a sign-up bonus, including those who previously held PokerStars USA or FanDuel accounts. A PokerStars representative explained the rationale on the US Poker Community Discord, noting: “Poker is new and all players are treated as new regardless of prior Sports or Casino activity.”This reset also means that all players will need to select a new username. Flutter is also using the launch to reintroduce a version of the Sunday Million. Instead of a single event with a $1 million guarantee, the operator will host two tournaments with a $500,000 guarantee each on April 12. A series of freerolls totaling $150,000 is also part of the launch promotion. The long-term objective is clear. If FanDuel can successfully attract sportsbook and casino users to poker, game traffic could see an increase. However, operators typically aim to cross-sell poker players into sports betting and casino games, as these products generally generate higher revenue. The rollout has not been without its challenges. Initial player feedback included reports of technical difficulties and geolocation issues that prevented access. Some players also expressed concerns that the software has regressed and is not as high-quality as it once was. Game selection also appears to be limited in certain areas. Pot-limit Omaha eight-or-better, mixed games, heads-up tables, and sit-and-gos are not all currently available. A representative for the site indicated that PLO8 and mixed tables are planned for future release. There are currently “no plans” to introduce heads-up games or sit-and-gos. An additional restriction has been implemented: individuals who have self-excluded from FanDuel or have received an operator ban are not permitted to create an account on the new client. 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.
More

Blackjack Rule Change Compels Difficult Budget Decisions in Two Cities

(AsiaGameHub) - Two cities in Los Angeles County are seeking voter approval after California altered regulations concerning blackjack at cardrooms. Commerce and Bell Gardens will present residents with a proposal in June for a quarter-cent sales tax increase, as local officials express concerns about potential negative impacts on city budgets and public services. Key Takeaways Commerce and Bell Gardens are scheduled for a June vote on a local sales tax increase. Both municipalities state the measure is intended to compensate for financial shortfalls linked to the blackjack rule changes. City leaders have declared fiscal emergencies and voiced criticism of Attorney General Rob Bonta. Revenue Pressure Prompts Tax Votes in Two Cities While the proposed tax increase appears modest, city officials assert that the underlying budget issue is significant. At a press conference on March 26, representatives from both cities indicated that California's new blackjack regulations have created a substantial deficit in local finances. Bell Gardens Mayor Miguel De La Rosa stated: “They gave cities like ours the ability to responsibly build our budgets. Now, that foundation is being pulled out from underneath us.” Bell Gardens city manager Michael B. O’Kelly emphasized the city's limited capacity to delay action. “If we don’t act now, we risk the ability to protect the community,” he said. “We are acting because we must, not because we want to.”Commerce city manager Ernie Hernandez cautioned that the consequences would affect daily operations, predicting that the rule change would lead to service delays and reductions. “The threat to our city is here,” he added. Commerce Mayor Kevin Lainez estimated that the tax increase could generate at least $4.5 million, though this would only partially address a projected loss ranging from $8 million to $19 million. In Bell Gardens, O’Kelly indicated the city anticipates a 40% revenue reduction and expects the tax measure to recoup approximately one-third of that loss. Blackjack Rule Change Disrupts Long-Standing Cardroom Model The new regulations, effective this month, eliminate the method cardrooms previously used to offer blackjack and other house-banked table games. California law designates these games exclusively for tribal casinos. Cardrooms had maintained these offerings through Third-Party Proposition Player Services (TPPPS), where external providers acted as the bank. This arrangement had faced opposition for years. Tribal operators contended that it infringed upon their exclusive rights to house-banked gaming, and state regulators have now implemented changes that cardrooms argue jeopardize their business model. Cardrooms have until May to outline their compliance plans.The impact extends beyond gaming floors, with operators warning that the ban endangers the broader cardroom economy. This industry encompasses over 70 cardrooms and nearly 20,000 employees statewide. The California Gambling Association has suggested that up to half of these jobs could be eliminated. Within Los Angeles County alone, County Supervisor Hilda Solis noted that cardrooms contribute to over $2 billion in economic activity and support approximately 9,000 jobs annually. Officials from Commerce and Bell Gardens also reported that Rob Bonta declined to meet with them or address their concerns. They used the press conference to call for the state to halt the ban. Bonta's office did not immediately respond to an inquiry from Gaming America regarding this claim. Lainez and De La Rosa urged voters to support the June measures, with Lainez highlighting that the burden disproportionately affects communities like theirs. “This is a terrible situation. We are a vulnerable community. We are a community of color, and if you look at the cardroom cities all across the state, they are also communities of color.” Frequently Asked Questions Why are Commerce and Bell Gardens holding tax votes? Both cities are seeking a quarter-cent sales tax increase to offset revenue losses associated with California's blackjack ban. What has changed under California's rules? The state has closed the cardroom model that permitted blackjack and other house-banked games through external proposition player services.When must cardrooms respond? Cardrooms have until May to submit their plans for complying with the new regulations. What are Commerce's projected losses? Commerce anticipates losses between $8 million and $19 million, with the proposed tax increase expected to generate at least $4.5 million. What are Bell Gardens' projected losses? Bell Gardens forecasts a 40% revenue decrease and states that the tax measure would recover approximately one-third of that amount. What is the scale of the broader cardroom industry in California? According to industry data, the sector comprises over 70 cardrooms and nearly 20,000 workers. What did local officials say about the wider impact? They stated that the budget impact could affect public services and disproportionately harm vulnerable communities of color. 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.
More