BETBY’s new predictions platform omits controversial markets

(AsiaGameHub) -   BETBY is joining the predictions trend, though it has put extra care into ensuring its platform steers clear of some of the sector’s more contentious aspects. The Malta-based sportsbook solutions provider launched its predictions platform, BETBY Predictions, today. The company plans to make the platform accessible to all firms in its partner network. BETBY has clearly observed the global growth of prediction platforms—Kalshi and Polymarket, for instance, were valued at $22bn and $9bn respectively as of March 2026. It has also taken note of the traditional gaming industry’s interest in predictions as a new vertical, though some stakeholders like the American Gaming Association (AGA) remain strongly opposed. Fanatics, DraftKings and FanDuel—in that order—have all rolled out prediction platforms in the US, while UK betting exchange Matchbook entered the space late last year, and the Gibraltar government has licensed its first predictions platform too. “BETBY Predictions represents a natural progression of the sportsbook experience,” said Kirill Nekrasov, Head of Innovation and R&D. “We’re taking the core principles of betting and applying them to areas beyond sports.  “This is about transforming global moments into engaging opportunities for players, in a way that’s both scalable and responsible.” BETBY prioritizes tasteful content The rise of prediction platforms hasn’t been without controversy. First, there’s a legal debate over whether these platforms are considered gambling. Regulators in European countries like Belgium, France and Portugal say yes, as do US states like Nevada and Arizona, but the US federal regulator for the sector—the Commodity Futures Trading Commission (CFTC)—says no. It seems, however, that bookmakers interested in predictions (like the firms mentioned above) are more than happy to have their prediction platforms sit alongside their traditional sportsbooks—and this is the market BETBY is looking to target. But BETBY has also paid attention to another controversial element of predictions: the types of markets users can bet on. A key selling point for Kalshi and Polymarket is their range of political and current affairs events. These markets have included standard ones like who will become the next US President (similar to what traditional sportsbooks offer on their politics pages) to darker ones—such as the likelihood of US strikes on nations like Venezuela and Iran, the chances of ceasefires in wars, or whether China will invade Taiwan. The morbid nature of these bets has caught the attention of mainstream media like the BBC. It has also raised concerns about insider trading, given the potential for government officials with knowledge of upcoming decisions to place bets and profit. BETBY states that its own predictions platform was developed with careful safeguards, excluding “highly sensitive or controversial topics” like geopolitics, active conflicts and wars, and events “involving human suffering”. The firm also stresses that it retains “full control over market creation, ensuring that all content is carefully curated and reviewed, with a clear commitment to responsible and appropriate market selection”. 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.

ESIC imposes five-year ban on player for esports betting violations

(AsiaGameHub) -   A professional esports competitor has been suspended for four years following allegations of match-fixing. Dmytro “nifee” Tediashvili has been penalized by the Esports Integrity Commission (ESIC) after a probe into his Counter-Strike 2 career revealed proof of match-fixing and corruption linked to betting. The matches under scrutiny, which were analyzed with assistance from esports data company Runestone, took place during the ESL Pro League Season in October 2025. The investigation noted a sequence of anomalous betting trends, along with ESIC's determination that the player's in-game conduct was not consistent with standard competitive play. A rigorous investigative protocol was followed by ESIC and Runestone, involving the detection of the questionable betting, an analysis of match recordings, discussions with external specialists, interviews with those involved in the games, and the solicitation of pertinent statements. Reports indicate that Tediashvili initially refuted the claims but later conceded that wrongdoing had occurred and cooperated with the inquiry. Consequently, ESIC has determined that the player's actions violated its Anti-Corruption Code by intentionally manipulating events within the game for gambling gains, thereby threatening the integrity of the esports contest. As a result, the anti-corruption body has indicated that additional disciplinary measures could follow. The ban is in effect from 21 October 2025 until 20 October 2029, prohibiting Tediashvili from participating in any role at all events sanctioned by ESIC. In concluding its statement, the integrity organization highlighted that proposition markets in esports—similar to in-play bets in traditional sports—are a major worry for regulators because they are the most vulnerable to manipulation, unlike bets on final match results. Nevertheless, it provided reassurance of its ongoing dedication to collaborating with firms such as Runestone to identify these threats promptly and address them efficiently, aiming to maintain strong confidence in esports betting. 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.

Gibraltar approves prediction market platform licensing

(AsiaGameHub) -   The Government of Gibraltar has confirmed a significant development by issuing a license to its inaugural prediction markets operator. While the government has not formally named the company, a Gibraltar-based entity, Predict Street Ltd, appears on the official register of licensed operators as a betting intermediary. This platform declares itself the "Official Prediction Market Partner of the FIFA World Cup 2026" and invites users to register for early access by providing their name, email, and country of residence. The Minister for Justice, Trade and Industry, Nigel Feetham, confirmed Gibraltar's entry into the expanding prediction market sector, indicating a strategic goal to broaden its gambling and financial services landscape. This decision is likely to attract attention, as Gibraltar is now among a small number of European jurisdictions permitting prediction markets. This stands in sharp opposition to other European nations such as the Netherlands, Romania, Ukraine, France, and Portugal. Due to the debate over whether these platforms constitute gambling, certain prediction businesses have been prohibited in various regions. For instance, the five countries listed have all expelled Polymarket from operating within their borders. Feetham announced the move in Parliament, stating it is part of a wider plan to draw new types of investment and establish Gibraltar as a leader in emerging gaming and fintech markets. “We have licensed a new company operating in the “prediction markets” sector, processing the application in record time following my attendance at Consensus Hong Kong last month,” he said. “This is the pace at which we must act to help offset at least some of the loss of tax revenues following the recent increase in UK Gambling Duty, while continuing to grow our local ecosystem. “We are working relentlessly to protect Gibraltar’s economic interests.” Gibraltar joins predictions hype Prediction markets, where users can trade on the results of real-world events, have become increasingly popular worldwide as tools for both investment and user engagement. Although marketed as financial services, these platforms are often likened to betting exchanges, and some regulatory bodies classify them as a form of gambling. The sector's leading firms, Kalshi and Polymarket, have received mixed reactions alongside a massive surge in user activity and revenue in recent months. Beyond facing scrutiny in Europe, both have been banned in New Zealand, and the Dutch regulator, the Kansspelautoriteit (KSA), recently ordered Polymarket to stop operations in the Netherlands for offering 'illegal gambling services'. Both companies have also been criticized for listing markets related to war. In the US, the largest market for these services, lawmakers are starting to respond; a bill was introduced to the US Senate last month to prohibit US government officials from trading on such sites. However, the financial potential of prediction markets is evident. The sites handle millions of dollars in wagers, and Kalshi achieved a valuation of $22bn (£16.5bn) last month after a funding round exceeding $1bn. It remains unconfirmed if one of the two major prediction market firms will establish operations in Gibraltar. Other prediction platforms or even traditional iGaming companies looking to expand into this area might also target the jurisdiction. This trend is not unusual; FanDuel and DraftKings have launched their own prediction platforms in the US, and the UK betting exchange Matchbook declared its plan to do the same last year, though with a primary focus on the US market. Regardless, it is apparent that Gibraltar's leaders are intent on diversifying the territory's gaming and fintech economy as they prepare for the consequences of the new UK tax regime, which takes effect today. The UK is a primary market for most gaming companies based in Gibraltar. 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.

GR8 Tech Welcomes José Mourinho to Champions Club Alongside Oleksandr Usyk

(AsiaGameHub) -   As previously reported by SBC News, GR8 Tech has secured football legend José Mourinho, the former manager of Chelsea, Inter Milan, and Real Madrid, and current head coach of Benfica, as the newest brand ambassador for its Champions Club initiative. In this interview, we speak with the company's CEO, Oleksandr Feshchenko, to gain deeper insight into the collaboration with 'The Special One,' who now stands alongside undisputed heavyweight world champion Oleksandr Usyk in the Champions Club. Feshchenko explains why Mourinho was the ideal candidate to represent the campaign's message and highlights the core parallels he identifies between elite sports professionals and leading technology firms. Why did GR8 Tech choose José Mourinho to the Champions Club? GR8 Tech CEO Oleksandr Feshchenko – Image Source: GR8 Tech Mourinho is a figure who has achieved success at the pinnacle of one of the world's most fiercely competitive arenas, accomplishing this feat with various teams in different leagues and across different periods. This level of achievement is exceptionally uncommon. His distinction comes not merely from the silverware but from the methodology behind the victories: meticulous preparation, strategic acumen, and an unwavering commitment to high performance. This philosophy resonated with us as it reflects our own approach to business. We focus not on a single breakthrough but on constructing systems and technologies that yield reliable outcomes consistently, regardless of external pressures or the specific markets they serve. When the chance to collaborate with José arose, the mutual alignment was immediately apparent. What does Mourinho add to the Champions Club? Jose Mourinho is a GR8 Tech brand ambassador – Image source: GR8 Tech He strengthens and expands upon the foundation we have already laid. Our partnership with Usyk established a powerful identity centered on a world champion who embodies discipline, thorough preparation, and hard-earned success. Mourinho introduces another facet of this same core belief. His entire career demonstrates that long-term winning is never a product of chance, luck, or coincidence. It requires constructing effective systems, strategic intelligence, and persistent high standards. This "no luck" principle is a theme shared by both ambassadors and is fundamental to GR8 Tech's operational ethos and partner offerings. Featuring two elite personalities from distinct sports who share an identical competitive mindset amplifies our message and increases its impact. It also provides access to new audiences and dialogues that a solitary partnership, however strong, could not achieve independently. What is the criteria to be the perfect Champions Club member? The requirements are simple. We seek individuals who have performed at the absolute highest level and whose careers are founded on discipline, consistency, and a relentless drive to improve. It's about mindset as much as innate ability. Authenticity is also crucial. The collaboration must be a natural fit for all parties, and the individual must have a sincere connection to the values GR8 Tech promotes. If the partnership seems contrived, the public will recognize it instantly. We prefer a select group of ambassadors who genuinely embody the brand over a lengthy roster that appears impressive but is ultimately superficial. How has the industry responded to the Champions Club? The most telling measure is our commercial activity. Our discussions with operators, including both current and prospective partners, have become more focused, frequent, and ambitious. The Champions Club provides a clear picture of GR8 Tech's principles, which directly influences our market engagement. The increasing number of alliances within the Champions Club is evidence of its success. However, the key point is that our commercial achievements are based on more than just ambassadors; they result from the synergy of robust technology, expert partner support, and a unifying brand identity. The Champions Club reinforces this message, and the positive market reaction validates our strategy. Who might be joining the Champions Club next? We have expansive plans for the Champions Club and will leverage all available platforms to ensure these partnerships are highly visible and influential. The objective extends beyond announcing new members to creating tangible activations that strengthen the GR8 Tech brand message. Currently, the most exciting aspect is having two world-class figures in the Champions Club, each contributing unique qualities. There is significant potential in uniting these distinct worlds, and we are actively developing initiatives to do so. Further details will be revealed at the appropriate time. What I can confirm is that the Champions Club is designed for expansion, and our momentum will continue. 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.

Entain Closes Irish Ladbrokes Stores as Sales Talks Fail to Progress

(AsiaGameHub) -   Entain hasn’t made any progress toward selling its Irish Ladbrokes assets, as discussions about a potential sale concluded without an agreement, SBC News has learned. Last June, reports emerged that Entain was considering offloading its Irish Ladbrokes assets to Irish bookmaker Bar One Racing. SBC News understands these talks ultimately fizzled out with no resolution. Multiple sources have reported, and Entain has confirmed, that the company is moving forward with closing several shops in Ireland. A source also noted that Ladbrokes Ireland has kept closures to a minimum so far. This week’s store adjustments come amid broader restructuring efforts across the UK and Irish betting and gaming sectors. “We regularly assess our retail locations to ensure our business remains competitive and financially viable,” a Ladbrokes spokesperson told SBC News. “These planned closures in the Republic of Ireland are not a decision we take lightly; they reflect ongoing cost pressures, long-term shifts in customer behavior, and the growing competitive threat from the unlicensed market. “Our current priority is to engage collaboratively with colleagues throughout the consultation process, with a strong focus on redeploying staff wherever possible. Ladbrokes remains committed to Ireland and to operating responsibly within a sustainable retail footprint.” Reviews underway Ladbrokes currently operates over 2,700 locations across the UK and Ireland, including 108 active shops in Ireland and 66 in Northern Ireland. However, Entain’s latest financial report revealed that total UK&I retail revenue fell 2% year-over-year, while sports betting revenue across its retail estate dropped by 3%. While the UK and Ireland are separate markets with distinct legislative and regulatory frameworks for gambling, they are closely intertwined, with several of the same firms active in both—Entain, Flutter, evoke, Super Group, and bet365, to name a few. April 1 marks the first day the Remote Gaming Duty (RGD) rises from 21% to 40%, as promised by UK Chancellor of the Exchequer Rachel Reeves in last November’s Autumn Budget. This time next year, the General Betting Duty (GBD) will also increase from 15% to 25%. Against the backdrop of the UK’s current tax landscape, Entain’s decision to close part of its UK&I retail portfolio aligns with a broader cost-cutting trend in the market. The firm is not alone in reviewing its options amid mounting financial pressure. William Hill owner evoke has chosen to close over 200 UK shops as part of a group-wide strategic review launched in December 2025—one month after the tax hikes were announced. Flutter Entertainment is also exploring mitigation measures, with a restructuring of Paddy Power’s marketing department revealed to SBC News last week. 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.

PGA Tour Valero Texas Open Odds, Predictions & Picks: Betting on Favorite, Sleeper & Longshot

(AsiaGameHub) -   The PGA Tour's Valero Texas Open acts as the final event before next week's Masters at Augusta National. Commonly used as a warm-up for golf's premier major, the tournament has crowned five different champions in the last five years. Canada's Corey Connors claimed victory in 2019 and again in 2023. The left-handed Brian Harman enters this week as the reigning Valero Open titleholder. Valero Texas Open Odds at DraftKings Here are the current odds to win the Valero Open from DraftKings at the time of writing: Tommy Fleetwood +1375 Ludvig Aberg +1500 Russell Henley +1700 Robert MacIntyre +1700 Jordan Spieth +1850 Si Woo Kim +1950 Hideki Matsuyama +2100 Maverick McNealy +2250 Rickie Fowler +2600 Sepp Straka +2700 Michael Thorbjornsen +2700 Keith Mitchell +3400 J.J. Spaun +3500 Ryo Hisatsune +3900 Alex Noren +3900 Denny McCarthy +4500 Jordan Smith +5300 Marco Penge +5300 Nick Taylor +5400 Ricky Castillo +5600 Alex Smalley +5700 John Keefer +5900 Stephan Jaeger +5900 Thorbjorn Olesen +6100 Tony Finau +6300 Sudarshan Yellamaraju +6400 Brian Harman +6500 Will Zalatoris +6600 Davis Thompson +6800 J.T. Poston +7000 Rico Hoey +7000 Best Bet on Favorite to Win Valero Texas Open Jordan Spieth +1850 Jordan Spieth has recorded three top-12 results in his last four tournaments. The Texan is a past champion, having won the Valero Open in 2021. While his last victory was at the 2022 RBC Heritage, his recent play shows positive momentum, making him a betting consideration for The Masters as well. Spieth captured the 2015 Masters by four shots and has six top-four finishes at Augusta National, including second-place results in 2014 and 2016. Best Bet on Sleeper to Win Valero Texas Open Ryo Hisatsune +3900 Hisatsune is on the verge of his maiden PGA Tour victory. His strong start to the 2026 season includes: Farmers Insurance Open (T-2) WM Phoenix Open (T-10) AT&T Pebble Beach Pro-Am (T-8) Players Championship (T-13) He also placed T-5 at last year's Valero Texas Open. Key season statistics underscore his excellent form (with PGA Tour rank in parentheses): Greens in Regulation (3rd) SG: Tee-to-Green (8th) SG: Off-the-Tee (15th) SG: Total (19th) This combination of recent results and strong metrics points to a promising week at TPC San Antonio. Best Bet on Longshot to Win Valero Texas Open Austin Smotherman +9000 Austin Smotherman has notched three top-13 finishes this season. American Express T-8 Cognizant Classic T-2 Players Championship T-13 His performance has been highly variable, however, mixing those good showings with missed cuts and a withdrawal at the Arnold Palmer Invitational. His most recent outing at the Valspar Championship ended in a missed cut. If his pattern of alternating performances continues, Smotherman could be set for another high finish. Given his long odds, he represents a worthwhile speculative wager. 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.

The Pulse on Las Vegas Strip Renewal: Sin City Set to Recover, Though Not Immediately

(AsiaGameHub) -   As Las Vegas grapples with a sluggish economy, a $7 billion wave of major construction projects is slated for completion in the next three years, aiming to rejuvenate the Strip. The A’s baseball stadium leads Sin City's revival, accompanied by a new Hard Rock and the transformation of the old Tropicana site. Wall Street gaming analysts are confident the city's rebound will follow in time after these developments are finalized. Truist Securities Managing Director Barry Jonas and CBRE Director of Equity Research John DeCree recently addressed the Economic Club of Las Vegas on the condition of the local gaming sector. “In our view, the current demand challenges and drop in visitation are temporary,” DeCree stated. “We believe people will return. If not this year or next, they will definitely come back in 2028 when new attractions open and there is more to experience. We're facing a struggle now, but that will shift. The significant private and public investment flowing into Las Vegas is a positive signal of future demand.” The NBA is also considering potential expansion into Las Vegas, which would provide another major lift for the city. “When you speak with people who haven't visited Las Vegas, they express a desire to see the Sphere,” DeCree noted. “They're waiting for their favorite band to perform. So the next major draw, be it the NBA or the A's, will undoubtedly pull people to the city. Ultimately, they will come because you can find everything here.” Economic Challenges Persist in Sin City According to the Las Vegas Convention & Visitors Authority (LVCVA), visitor volume in 2025 reached 38,545,700, a 7.5% decrease from the year before. Excluding the pandemic period, this represents the steepest decline since the LVCVA began recording visitation in 1970. By comparison, the peak annual visitation of 42,523,700 was recorded in 2019. Even with fewer visitors, gaming revenue on the Las Vegas Strip hit a new annual record of $8.8 billion. Those who did travel to Las Vegas also spent more during their stays. 81% of visitors gambled The average gaming budget increased to $848 last year Overall hotel occupancy fell 3.3% year-over-year, while convention attendance dipped slightly by 0.1%. A recent LVCVA visitor profile survey uncovered a concerning pattern. Fewer than 10% of all visitors last year reported it was their first trip, down from 15% the prior year and 24% in 2022. “Amid inflation, recession worries, and tariffs, it's simpler to postpone a Vegas trip and stay home a bit longer,” Jonas commented. “As we head into summer, the true test will be whether we can resume growth. This year's event calendar is very robust, with records projected across various areas. My models aren't forecasting growth for the major Vegas operators, indicating the leisure segment is still under pressure, primarily at the lower end.” The survey also indicated that 44% of visitors had a household income of $150,000 or higher. The city continues to find it most challenging to attract visitors from the lower and middle classes. “Vegas excels at reinventing itself,” DeCree said. “Several companies are developing strategies to better attract that customer segment. The high-end market generates so much revenue and cash flow that we sometimes overlook or neglect the other segment, which represents 7% to 8% of visitation. We need to find a way to win that customer back.” February Marks Bright Spot for Monthly Numbers Las Vegas welcomed 3.03 million visitors in February, a 2% increase from the same month last year. This was the first year-over-year rise since 2024. Furthermore, the Nevada Gaming Control Board's February report showed the Las Vegas Strip's gross gaming revenue held steady year-over-year at $696.2 million. Baccarat was a standout game on the Strip, with operators winning $119.9 million. This figure represents a 37% jump from the same period a year earlier. Looking ahead, April is predicted to be a slower month, but a packed concert schedule in May should offer a lift. The Sphere has emerged as a success story during Las Vegas's slump, hosting residencies by top-tier acts like U2 and the Eagles. The venue has also gained from films such as The Wizard of Oz and Postcard from Earth, which collectively brought in $550 million. Jonas anticipates the “potential for business growth in the second quarter, supported by easier year-over-year comparisons during the summer.” “We believe there is substantial programming in the works to tackle the softness at the lower end,” he added. Moreover, the LVCVA and casino operators are promoting a “value-oriented message” to counter the perception of price gouging that damaged the city's tourism in 2025. “We'll observe how this develops into summer 2026, though there's always a danger that boosting occupancy by cutting rates could attract a lower-quality customer who doesn't contribute much overall,” Jonas said. Final Analysis Although operators maintain a guarded optimism, most Strip properties are likely to experience mixed results in the near term. “At the high end – Wynn, Bellagio, Caesars Palace – you don't hear about difficulties,” Jonas observed. “The struggle is at the low end. Year-over-year comparisons will become less severe, and company initiatives will help. But factors like the war in Iran and higher gas prices remain. A return to growth is visible, but it's not without its risks.” DeCree, for his part, ended on a more positive tone. “The U.S. consumer is remarkably resilient and enjoys spending, particularly on experiences,” DeCree concluded. “We've observed consumer spending hold steady since the onset of the war in Iran. That could shift if the situation continues, but for now, consumers are carrying on as usual, especially regarding entertainment and hospitality.” That is the bet Las Vegas is making as it moves forward into an unpredictable future. 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.

Russian Man Stole His Friend’s Phone to Gamble Online, Then Smashed It to Pieces

(AsiaGameHub) -   Police report that a Russian man took his friend’s mobile phone while the friend was sleeping, used it to steal funds and gamble online, then destroyed the device. In an official Telegram channel post, the Omsk Regional Directorate of the Ministry of Internal Affairs stated the victim was a 58-year-old who worked at a car repair shop in Luzino, a village located in the Omsk Oblast. The victim informed police that he frequently met two other men at the garage to have drinks together. The three had planned a drinking gathering on an unspecified February date. When the victim’s friends showed up, they found him asleep, he later told authorities. One of the two friends— a 50-year-old man— is said to have stolen the garage employee’s phone. Russian Man Embarks on a Gambling Spree Authorities stated they arrested the suspect not long after the incident. Following questioning, the suspect is said to have confessed to taking the phone. Officers noted the suspect had watched and memorized his friend’s pattern lock code. After leaving the garage, the suspect is alleged to have used this code to unlock the phone. He then is said to have accessed the victim’s sports betting digital wallet, emptied it, and transferred all the money to his personal bank account. Authorities reported the man used the stolen funds to make multiple losing bets on an online casino site. Once he’d lost all the stolen money, the suspect is said to have smashed the phone and discarded it in a public trash can. Police confirmed the suspect confessed to stealing 100,000 rubles— approximately $1,200— from the wallet. “We have filed theft charges against the suspect and placed him in custody,” an Omsk police representative stated. Detectives confirmed the suspect has prior convictions for carjacking, robbery, and theft. Luzino, in Russia’s Omsk Oblast. (Image: OBKom TV/YouTube/Screenshot) Ministry’s Legalization Proposal Online casinos are prohibited in Russia, yet the Ministry of Finance acknowledges it has little ability to curb their proliferation. The ministry has put forward a plan to lift the ban and impose a 30% annual tax on licensed operators. The plan has been highly contentious, but gambling supporters note the proposal has made rapid progress. Industry insiders indicate lawmakers might vote on the ministry’s proposal as soon as next month. Earlier this month, authorities announced the arrest of a social media self-help influencer on gambling-related charges. Perm city police stated the man ran an illegal casino in a basement of a downtown commercial area. During a March 26 court hearing, the suspect “fully confessed” to his guilt and requested bail from the judge. The court denied the request after prosecutors informed the judge the suspect was a flight risk and exhibited signs of gambling addiction. 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.

Understanding the Citrini Scenario and Why Millions Are Being Wagered on It

(AsiaGameHub) -   Citrini Research released a report in February outlining a possible doomsday scenario where job losses driven by AI spark a stock market collapse and a recession in 2028. Now known as the Citrini Scenario, this concept is generating millions of dollars in trades on prediction market platforms. So, what exactly is this scenario, and how probable is it that it will play out? “What you’re about to read is a scenario, not a forecast. This isn’t pessimistic hype or AI doomsayer fiction. The only purpose of this report is to model a scenario that has received relatively little attention,” noted the document titled “The Global Intelligence Crisis.” Prediction market participants are now treating it as a forecast. Kalshi’s platform alone has recorded nearly $15 million in trading activity. Currently, it’s registering daily trading volumes exceeding $1 million and was the top non-sports, non-crypto market on March 30. Due to this surge in trading, the scenario’s probability has risen from 12% when the market launched last month to 34% as of today. The Scenario The scenario depicts a swift AI-induced economic crisis that renders human labor—particularly white-collar work—largely irrelevant. This in turn leads to a private credit and mortgage meltdown. Elevated unemployment also impacts key companies dependent on consumer spending, including Uber, American Express, Mastercard, and DoorDash. Companies try to address the crisis by ramping up AI investments, creating a self-reinforcing cycle. “As weaknesses started to emerge in the consumer economy, economic experts coined the term “Ghost GDP:’ output that appears in national economic records but never flows through the actual economy,” the report—written as a 2028 post-mortem—explained. Protesters take over corporate offices in Silicon Valley to campaign against overreliance on AI. As the report points out, the “Occupy Silicon Valley” movement is “a symbol of broader public discontent.” Kalshi specified that for its “Citrini scenario” market to settle as “yes,” three of the following outcomes need to happen: Monthly BLS unemployment rate surpasses 10% S&P 500 drops by over 30% from its closing value at the time the market was launched Zillow Home Value Index falls by more than 10% year-over-year in any of NYC, LA, San Francisco, Chicago, Houston, or Phoenix Labor share of gross domestic income (GDI) first-release figure for any quarter drops below 50% Year-over-year CPI-U drops below 0% in any monthly report What’s Driving the Surge in Trading Volume? The market has gained increased attention since the onset of the Iran war. Polymarket’s markets related to the conflict have also experienced high trading volumes, with some activity coming from insiders. Surging oil prices in an already vulnerable economy might lead many to think events are aligning with the path outlined by Citrini Research. Last month’s job losses were worse than expected, pushing unemployment up to 4.4%. The S&P 500 has declined roughly 8% since the report was released in February. “The S&P is close to all-time peaks. The negative feedback cycles haven’t started yet. We are confident that some of these scenarios won’t come to pass,” the authors stated at the conclusion of their thought experiment. Nevertheless, events are beginning to align with the doomsday forecasts. There’s also a growing belief that AI is advancing quickly. Kalshi’s market for OpenAI achieving Artificial General Intelligence by 2028 now assigns it a 34% probability. If this happens, it could further fuel the “human intelligence displacement spiral” that Citrini predicted. Some others, though, might just be observing the trend and jumping on the bandwagon. A Kalshi user remarked, “Just find the right moment to sell and take profits.” 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.

William Hill to shutter approximately 200 betting shops following stake acquisition by ‘specialist investor’

(AsiaGameHub) -   Well-known UK bookmaker William Hill is planning to shut down approximately 200 locations following a comprehensive corporate review. The evoke-owned operator has faced considerable pressure recently, specifically due to the increase in remote gaming duty to 40%, which was introduced in the Autumn Budget and is scheduled to take effect tomorrow (Wednesday, 1 April).  In January, evoke indicated that it would be closing several William Hill outlets, a figure now estimated to be around 200. The company is also delaying the release of its FY25 financial results until 29 April as it carries out its strategic assessment.  This assessment was first announced in December 2025, shortly after Chancellor of the Exchequer Rachel Reeves presented the Autumn Budget. It was noted that the review might result in the sale of the business or certain assets. A representative for evoke informed SBC News: “Following an extensive evaluation and in light of growing cost burdens on the regulated industry—including the substantial tax hikes announced by the government in last year’s Autumn Budget—we will be closing a number of unsustainable shops starting in May.” The retail betting sector in the UK has been struggling for several years. In the final quarter of 2025, between October and December, the gross gambling yield (GGY) from high-street bookmakers fell by 7% year-on-year to £549 million. William Hill is not the only operator confirming closures. Entain’s Ladbrokes has shuttered several sites over the last couple of years, and Paddy Power announced widespread closures across the UK and Ireland last year. However, not every firm is scaling back, as BoyleSports has opened multiple new locations since 2022. “We are providing full assistance to our retail staff who are impacted by these shutdowns,” the evoke spokesperson added. “These are never easy choices to make, but in the face of mounting financial pressures, we must take steps to ensure we can continue to invest in our primary retail estate, focusing on the right shops in the right locations.” Speculation grows over evoke’s future The outlook for UK retail betting has become a political issue, particularly concerning adult gaming centres (AGCs), though calls to scrap the ‘aim to permit’ licensing rule could also affect traditional betting shops. A group of Labour MPs, led by Dawn Butler, along with members of the Green Party, SNP, and some Conservatives—including veteran gambling reform proponent Iain Duncan-Smith—have been highly critical of the industry. In contrast, Reform UK leader Nigel Farage has cautioned that most bookmakers could be "gone within a year" due to the tax changes confirmed in the Autumn Budget, while major high-street brand Betfred has warned that its entire estate of 1,287 shops could be at risk. The broader situation is challenging for William Hill’s parent company, evoke. The announcement of the delayed FY25 accounts comes as the company's share price falls and rumors of a potential breakup circulate.  Reports suggest that Bally’s and Betfred are potential buyers for the struggling FTSE All Share member, which has seen its stock price drop by more than 28% to 34.05p over the last year. Its market capitalization is currently just above £150 million.  Another concerning development for the group is today’s investment from Ironshield Capital Management. The firm, which identifies as a special situations investment manager focusing on stressed and distressed credit in Europe, has acquired a 6.07% stake in evoke. 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.

Polymarket Bets on Recovery of Stolen KitKats

(AsiaGameHub) -   The prediction market platform Polymarket has launched a new betting market on the potential return of the 12 tonnes of KitKats stolen during transport between Italy and Poland. Current market odds imply a 24% probability that Nestle, an affiliate, or a government or law enforcement body will retrieve any of the stolen chocolate bars by April 5. According to the market rules, “The confirmed recovery of any quantity of the stolen KitKats, even a single bar, will be enough for this market to resolve as ‘Yes’.” One user commented on the market, “Listen i got an idea. Steal 12 tonnes of Kit Kats and hedge against getting your kitkats taken away when you get caught by betting on yourself getting caught. So when you do get caught, you can buy new kitkats with your winnings. Win-win.” It is also conceivable that the thieves themselves could return some bars and place a wager. Although Polymarket has measures to counter insider trading, such markets present a variety of potentially concerning situations. KitKat Confirms Massive Theft KitKat verified in a Sunday post on X that 12 tonnes, approximately 400,000 bars, had disappeared. Regarding recent press coverage pic.twitter.com/Huh4EnFV2J— KITKAT (@KITKAT) March 29, 2026 The X post has garnered over 120 million views, and the story has drawn widespread media coverage. Nestle has leveraged the theft for marketing purposes. In a press release, the company stated the bars were part of its new Formula 1 line. The confectioner recently extended its partnership with the sport, becoming the official chocolate bar of F1. A KitKat spokesperson remarked, “We’ve always encouraged people to have a break with KITKAT – but it seems thieves have taken the message too literally and made a break with more than 12 tonnes of our chocolate.” “While we appreciate the criminals’ exceptional taste, cargo theft is a growing problem for businesses everywhere. As more sophisticated schemes are regularly used, we decided to publicize our experience to help raise awareness of this increasingly common criminal trend.” Appeal for Insider Information Nestle further advised, “We ask consumers not to try to locate, handle, or recover any stolen products and to avoid any direct action. Any pertinent information should be reported to local law enforcement.” Individuals with knowledge of the theft could also stand to gain significantly on Polymarket. More than $33,000 has been wagered on the market as of March 31. Despite facing criticism, Polymarket keeps testing the limits of acceptable betting markets. Trading on events like the Iran war has recently spiked, including activity from military insiders. Markets on pre-recorded programs, such as Survivor, have also sparked debate about which markets should be banned. Legislators are advocating for tighter regulations, but Polymarket mainly functions via its international platform, which falls outside US oversight. The company highlighted the KitKat market in a user email, citing the current odds as an indicator that recovery prospects appear slim. 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.

José Mourinho becomes GR8 Tech’s new brand ambassador

(AsiaGameHub) -   GR8 Tech has revealed that football icon José Mourinho, widely known as "The Special One," has signed on as the latest brand ambassador for the iGaming technology provider. Mourinho joins the company’s "Champions Club," a proprietary initiative that utilizes high-profile sports figures, such as Oleksandr Usyk, to promote the firm’s comprehensive suite of iGaming solutions. This portfolio features the Hyper Turnkey platform, the ULT8 sportsbook, the Crypto Turnkey platform, the Infinite Casino Aggregation tool, and the ACCELER8 affiliate platform. GR8 Tech asserts that when these tools are combined, they deliver a standard of performance comparable to a champion. “Championship is not a fleeting moment. It is a method—one that is evident in training, in data, and in decisions made during calm periods that prove their worth under pressure,” the company noted. GR8 Tech maintains that Mourinho is an ideal embodiment of this philosophy, citing his illustrious coaching career, which has been defined by “discipline, tactical excellence, and relentless preparation.” Oleksandr Feshchenko, CEO of GR8 Tech, commented: “José Mourinho embodies the mindset we champion: success is crafted long before the final outcome. In the iGaming sector, much like in football, victory is the result of structure, preparation, and the capacity to perform under pressure.” With Mourinho leading its promotional efforts, the company expects to more effectively communicate its commitment to a results-oriented B2B strategy—a focus that has earned the firm multiple industry accolades, including the Platform Provider of the Year award at the 2025 SBC Awards. This partnership marks the beginning of a broader campaign for GR8 Tech, with several Champions Club activations planned for the coming months to showcase the standards that top-tier iGaming operators should aim to reach. Mourinho remarked: “I have collaborated with numerous organizations throughout my career. The factor that distinguishes consistent winners is never just talent—it is culture. It is the conviction that preparation is mandatory. I identified that quality in GR8 Tech right away.” 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.

Lawmakers Call on CFTC to Take Action Against Federal Insider Trading in Prediction Markets

(AsiaGameHub) -   Congress kicked off the week by maintaining its focus on insider trading in prediction markets, shifting its gaze to the regulator overseeing event contract exchanges and the government office tasked with ensuring federal employees adhere to ethics rules and conflict-of-interest guidelines. On Monday, Senator Elizabeth Warren (D-MA), along with 41 other legislators, revealed they had dispatched a letter to Commodity Futures Trading Commission (CFTC) Chairman Michael Selig and division heads at the U.S. Office of Government Ethics (OGE), calling for action against what they termed “illegal insider trading in prediction markets by federal employees.” Enough is enough. We need to rein in prediction markets. pic.twitter.com/8GwXpPqGTe— Elizabeth Warren (@SenWarren) March 30, 2026 Dated March 29, the letter requested that the CFTC and OGE release government-wide guidance cautioning federal employees against using nonpublic information to trade in prediction markets. To illustrate their point, the letter cited multiple instances of alleged insider trading, such as the January U.S. military intervention in Venezuela that resulted in the capture of former leader Nicolás Maduro—an event where traders earned hundreds of thousands of dollars via well-timed wagers. They also referenced a market focused on the duration of White House Press Secretary Karoline Leavitt’s press conference remarks; traders gained profits when she ended her speech abruptly, just 30 seconds shy of the 65-minute mark. Today's White House Press Briefing had a 98% chance of running over 65 minutes – until Karoline Leavitt abruptly ended it with seconds to spare.Traders on the NO side made 50x in seconds. pic.twitter.com/Fe0MVMq9Oj— PredictionMarketTrader (@PredMTrader) January 7, 2026 The most recent cases they highlighted included the joint U.S.-Israeli strike on Iran (where alleged insiders made over a million dollars) and speculation about when Department of Homeland Security Secretary Kristi Noem would be dismissed. The legislators have requested a staff-level briefing and responses to the issues outlined in the letter by no later than April 13. Lawmakers Demand Accountability & Clear Guidance In the letter, the lawmakers contend that the Commodity Exchange Act—amended by the 2012 Stop Trading on Congressional Knowledge (STOCK) Act—already prohibits federal employees from using nonpublic information to trade in prediction markets. The STOCK Act makes it illegal for government workers to use nonpublic information obtained during their official duties for personal profit in futures, options, or swaps—categories the CFTC identifies as including event contracts. Given these existing rules, the legislators assert that the CFTC and OGE should distribute formal guidance to remind government employees that their STOCK Act obligations extend to trading in prediction markets. The letter links this issue directly to the CFTC’s rulemaking process for event contracts, which began on March 12. It notes that the commission is actively soliciting public input on how insider trading concerns should influence the future regulation of prediction markets. The legislators brought up this issue because the CFTC’s advance notice specifically queries how federal employees’ use of nonpublic information should guide the commission’s approach to prediction markets. January Letter Raised Similar Insider Trading Questions This isn’t the first occasion legislators have voiced their concerns about insider trading to the CFTC. In January, Senator Catherine Cortez Masto (D-NV) and a smaller group of senators sent a letter to Selig inquiring how the CFTC monitors suspicious event contract trading and whether it has ever investigated insider trading in those markets. Cortez Masto, Chris Van Hollen (D-MD), Jacky Rosen (D-NV), Andy Kim (D-NJ), Jeff Merkley (D-OR), Cory Booker (D-NJ), and John Hickenlooper (D-CO) signed both letters—indicating these senators are not satisfied with the responses they’ve gotten from the CFTC so far. Even if the senators manage to get the CFTC and OGE to take action, it’s uncertain how effective enforcement will be in reality. In their latest letter, the legislators cite the STOCK Act as evidence that insider trading is already illegal, but critics have long doubted the statute’s practical impact. The STOCK Act has been in effect for over a decade, yet there’s no public record of officials paying statutory fines for disclosure mistakes or any successful criminal prosecutions under the law. This raises the question of whether the ongoing discussion on Capitol Hill about insider trading is merely performative and a response to public anger, or if legislators truly view insider trading in prediction markets as a real danger. 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.

UK Physicians Advised to Screen for Gambling as Routinely as Smoking and Alcohol to Avert Deaths

(AsiaGameHub) -   UK doctors have been directed to inquire about patients' gambling activities just as they routinely do for smoking and alcohol use. A new report suggests this approach could help prevent suicides among gamblers. Dr Julian Morris, a London Senior Coroner, produced the report following the death of Lee Adams. Adams took his own life after a prolonged gambling episode in 2020. Morris had earlier determined that Adams' gambling disorder was a contributing cause of death, combined with a prescription drug overdose. To avoid future tragedies, Morris stated, “General practitioners should be prompted to question people about their gambling patterns similarly to how they inquire about smoking and alcohol use.” Achievement for Adams Family On the day he died, Adams made 600 consecutive bets on an online slots site soon after getting his monthly pay, his family reported. His relatives welcomed Morris's finding that gambling was a decisive element in his death. His cousin, Natalie Ashbolt, said, “We must acknowledge that getting gambling disorder recorded as a causal factor was an achievement – our family has always known it was.” She described the difficulty of having the inquest examine gambling as a cause of death. “Without private funding, support, and a coroner willing to even consider investigating gambling… reaching the outcome we did won't be possible for all the families who deserve it,” Ashbolt added. Doctors Need More Training Recently, another UK inquest found that Arthur Soames died from “mental health distress worsened by gambling”. The law firm Leigh Day represented both the Soames and Adams families. Solicitor Dan Webster observed that even when Soames sought help from his GP for mental health issues, “no gambling screening questions were posed at any point.” Morris advocates for change, and Soames' family also feels greater GP awareness might have averted his death. They highlighted that although the 19-year-old confessed to his doctor about spending excessive time and money gambling, no steps were taken to revise his risk assessment or care plan. “Arthur’s family is convinced it is crucial for healthcare workers to get suitable training and direction so that indicators of gambling harm can be spotted and addressed,” Webster stated. Does Screening Make a Difference? Research examining whether to screen for gambling-related harm risk concluded that it is practical for doctors to perform such screenings. Nevertheless, its efficacy and cost-effectiveness require further assessment. Additional studies indicate that screening and short interventions concerning the risks of smoking, drinking, and gambling can have modest impacts on reducing dangerous behaviors. For some gamblers, reaching out for assistance can be the most significant hurdle. This week, a person recovering from gambling addiction shared that he kept his issue secret for fear of judgment. “Shame held me back. I know the advice is not to fear seeking help, but I believe it's preferable to keep it private,” said the anonymous individual. “I don't want the 'gambling addict' label. It seems like a personal failure, a sign of weakness.” Research consistently shows individuals tend to underreport their own smoking, drinking, and gambling. An Australian study revealed that a mere 4% of gamblers correctly reported their net wins or losses. Alongside encouraging doctors to ask about gambling, the coroner also advised GPs to caution patients about prescription drug risks, which contributed to Adams' death. 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.

Illegal Bookmakers Receive Boost Following UK Ruling That Forces Gambler to Pay $1M

(AsiaGameHub) -   Unlicensed bookmakers across the UK received a notable boost last week after a judge ruled that Alan Spence must pay more than $1 million in outstanding debt to David Solomon, even though the 78-year-old Solomon runs his bookmaking operation without a valid license. Spence had argued that the debts were not legally enforceable because Solomon lacked a gambling license. However, the presiding judge for the case, Stuart Isaacs KC, ultimately ruled in Solomon’s favour. While Isaacs confirmed that Solomon had been operating as an unlicensed bookmaker, he ruled that this status did not impact the legal enforceability of the debts owed to him, which add up to £841,520.25 ($1.11 million). Following the ruling, Spence was forced to step down from his post as vice president of the Racehorse Owners Association (ROA). In an official statement, the ROA noted: “While we will not be making any further comments on this case, we wish to publicly record our sincere gratitude to Alan for his commitment and years of service to the ROA.” Spence still retains his role as Vice President of Chelsea Football Club. The club did not provide any response when contacted for comment on the court ruling. Murky World of Unlicensed Gambling Even though clear evidence that Solomon was running an illegal gambling business has emerged, he has not faced any consequences for his activities to date. Isaacs criticised the opaque, unregulated gambling space in his verdict. He stated that the case “offers a rare look into the unlicensed betting world”, a space that “involved regular deception between the two parties as well as deception of third parties, which neither side appeared to view as legally or even morally problematic at the time.” Spence first ran up £582,144 (roughly $760,000) in gambling debts through bets placed with Solomon. He then lied about his financial situation, claiming he could not afford to repay the debts and had already reached agreements with creditors for a debt reduction plan. He even went so far as to invent fake meetings with those creditors. “I shouldn’t have done that, as we had already agreed to a settlement. It was a foolish choice to make. I had no reason to do it, it was completely irrational,” Spence admitted during the court proceedings. Solomon agreed to write down the total debt to £175,000 ($231,000). The two men also reached a separate agreement for Spence to place wagers on Solomon’s behalf on the online gambling platform Spreadex. Imaginary Bookie ‘George’ Damages Defence Instead of placing the bets as he had been instructed, Spence tried to keep the funds Solomon had given him for the wagers. He lied about having placed the bets, then claimed he had started placing them with a different unlicensed bookmaker who went only by the name “George.” Solomon’s legal team argued that George was another fabrication invented by Spence. Spence’s defence team removed all mentions of George’s involvement from their final closing submissions to the court. This false account appears to have significantly harmed Spence’s case, as Isaacs commented: “The details about George provided by the defendant are not credible, and in my judgment, were designed to add legitimacy to a story that is entirely made up…Put simply, George did not exist, and I find that the defendant’s testimony about George was untruthful.” He added that Spence’s “dishonest conduct” means he is “far from innocent for the position he now finds himself in.” Will Solomon Face Charges? In his ruling, Isaacs noted that the appropriate response to Solomon running an unlicensed gambling business is not to cancel Spence’s debts, but to pursue criminal prosecution against Solomon. He observed that Spence is a multi-millionaire, not a vulnerable person who requires legal protection. In a separate case last December, unlicensed bookmaker Haydon Simcock faced criminal prosecution. Simcock had threatened customers and refused to pay out winning wagers. The court ordered him to repay all his outstanding debts and handed him a suspended prison sentence. In Solomon’s specific case, he has not been accused of intimidating Spence or taking any steps to deceive him into losing money. “The defendant’s own testimony confirmed that the claimant never applied excessive pressure on him to restart or increase the value of his gambling. He engaged with the claimant fully aware of the circumstances, first suspecting and then knowing for certain that the claimant was not a licensed bookmaker,” Isaacs stated in his ruling. This finding appears to have cleared Solomon of wrongdoing in this context. He also claims that before he met Spence, he only placed small-stakes bets on behalf of friends and acquaintances. His main line of business is office furniture sales. UK Sends Mixed Messages on Illegal Gambling Solomon does not appear to have run a large-scale gambling operation, which may allow him to avoid criminal prosecution. However, this outcome sends conflicting signals about whether running an unlicensed gambling business is acceptable in the UK. The UK government has stated it is increasing its efforts to stamp out the illegal gambling black market. Gambling Minister Baroness Twycross is leading the government’s Illegal Gambling Taskforce. As part of its wider efforts to address the issue, the government has launched a public consultation on sponsorship of Premier League football clubs by unlicensed gambling operators. Currently, several gambling firms that are blocked from operating in the UK have sponsorship deals with Premier League teams, including Stake, which sponsors Everton FC. “This consultation, alongside the ongoing work of our Illegal Gambling Taskforce, shows just how seriously this government is taking this issue. We will not hesitate to take action whenever we see people being put at risk,” Twycross said. As Isaacs noted, Spence was not a person at risk of harm in this case, but the ruling also clears Solomon of wrongdoing and could encourage other people to continue operating as illegal bookmakers. “If authorities can’t take any action over a case that operates as openly as this one, it highlights just how difficult a challenge they are facing,” professional gambler Neil Channing said in comments to the Racing Post. 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.

SBC Summit Americas to address North American regulatory pressures

(AsiaGameHub) -   As regulation continues to shape how gaming companies expand and operate, SBC Summit Americas will launch a dedicated North American Regulation and Compliance track to help industry stakeholders navigate the latest regional developments.   Held on Thursday, June 11, this specialized program will gather leading operators, regulators, and compliance experts to examine the regulatory pressures and compliance challenges currently facing the North American gaming industry. Upcoming sessions will cover the growth of unregulated gaming formats, the balance between technological innovation and regulatory responsibility, and how operators are adjusting to newly implemented state regulations.  “For too long, the industry has approached regulation and compliance from the wrong perspective,” said Rasmus Sojmark, Founder and CEO of SBC. “It should not be viewed as an afterthought or a restrictive barrier, but rather the top priority for any meaningful growth, whether that growth comes from market expansion or product integration. These sessions will show stakeholders how they can actually leverage regulation and compliance to their advantage.” The panel ‘Regulators Rising: How Oversight Is Shaping North American Gaming’ will examine how operators make critical decisions in an increasingly regulated industry environment. Speakers Will Griffiths (CEO, Level Media), Lee Terfloth (Chief Interactive Officer, Gaming, Delaware North), and Dawn H Himel (Director, Louisiana Department of Justice) will share insights on how businesses are adapting to changing state regulations and iGaming frameworks, and what the rise of formats like prediction markets means for product strategy and risk management. The discussion will also explore how compliance teams balance commercial goals with regulatory demands, and what it takes to stay competitive as regulatory scrutiny intensifies. The session ‘Innovation vs Regulation:Finding CommonGround in Prediction Markets and Emerging Formats’ will help operators strike a balance between regulatory responsibility and player engagement. Experts Martin Lycka (Vice President Institutional Affairs, Oddin.gg), Matt Kane (Head of Legal, Betr), Joe Brennan (Co-Founder, Prime Sports), and Evan Davis (Managing Director, Head of Gaming Investment Banking, Jefferies LLC) will analyze the legal and ethical uncertainty surrounding emerging gaming formats, and outline how operators can develop engaging products while meeting evolving regulatory expectations. Focused on enforcement trends across the United States, the panel ‘Crackdown on Unregulated Gaming: Where States Draw the Line’ will center on how regulators and state authorities are responding to the growing presence of offshore betting sites and sweepstakes casinos. Legal specialists Jon Ford (Former Senator, Indiana State), Carl Herold (Director of Law Enforcement, Florida Gaming Control Commission), and George Rover (Managing Partner, Princeton Global Strategies)   will discuss how states are defining illegal gaming, coordinating enforcement strategies, and what these developments mean for licensed operators working to maintain compliance. Beyond this dedicated track, compliance and regulation remain a core theme across the full conference agenda, shaping discussions around payments, emerging technologies, and new verticals such as prediction markets. From evolving crypto regulatory frameworks and payment innovation to the legal boundaries of event-based wagering, regulatory considerations are influencing how operators invest, build, and scale their operations. By bringing all these conversations together under one roof, SBC Summit Americas offers stakeholders a comprehensive overview of how regulation is redefining the North American gaming landscape and what it takes to stay ahead in an increasingly complex market. SBC Summit Americas will gather 10,000 industry stakeholders at the Broward County Convention Center in Fort Lauderdale from June 9-11. Get Your Ticket to SBC Summit Americas: VIP Pass – Our VIP Passes are available for just $700. Pass holders get access to the full conference agenda, show floor, complimentary food at our Food Festival and all our evening networking events! Expo+ Pass: Includes access to the expo floor and all conference sessions (does not include access to evening networking events). Get Your Expo+ Pass at $95. Operator & Affiliate Passes: Operators and affiliates can apply for complimentary passes for SBC Summit Americas, subject to approval. Apply for Your Complimentary Operator Pass | Apply for Your Complimentary Affiliate Pass. 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.

New York Governor Hochul Unveils New Protections Aimed at Reducing Youth Betting and Problem Gambling

(AsiaGameHub) -   New York is looking to draft rules that would mandate biometric verification for sports betting accounts, place limits on how gambling operators utilize artificial intelligence, and require sportsbooks to step in when customer behavior indicates potential gambling harm. Gov. Kathy Hochul first proposed stricter gambling safeguards during her January 13 State of the State address, then unveiled specific draft proposals on Monday as the New York State Gaming Commission published them for public feedback. The aim of these proposed rules is to keep minors off betting apps and bolster responsible gaming protections for adult users. In the press release announcing the proposed safeguards, Hochul stated: “Mobile sports wagering is ubiquitous, luring everyone — including our young people — to place bets without fully weighing the consequences. We need robust regulatory safeguards to stop those under 21 from gambling, prevent artificial intelligence from targeting vulnerable gamblers, and mandate that sports wagering operators take concrete action if any of their customers exhibit signs of gambling harm.” She also noted that “only legal, fully regulated gaming offers these types of protections.” The Gaming Commission will accept input on the draft language until May 15, gathering feedback from all stakeholders impacted by the proposed rules, including operators, problem gambling specialists, schools, parent advocacy groups, and religious organizations. New York Considers Biometric Checks to Prevent Underage Betting One of the most ambitious and potentially divisive proposals would mandate that sports bettors provide their biometric data when creating an account with a sportsbook, then complete a second verification check before placing a bet. Existing sportsbook account holders will be granted a two-month period to submit their biometric data, and those who fail to comply will have their accounts shut down. New York regulators are also looking to implement device registration controls to block underage users from downloading betting apps. The state will also require licensed operators to use geolocation tools to prevent users from accessing apps on devices not linked to their account, or from locations that are too distant for the user to reasonably be present at both spots around the same time. Under the proposed rules, any adult who allows a minor to gamble could face a statewide ban on all legal gambling activities, including the lottery, attending casino concerts, dining at casino restaurants, and horse racing. Draft Rules Mandate Intervention for At-Risk Gamblers The proposed rules will also require operators to do their part to advance responsible gaming practices. One key requirement is halting the use of AI-powered tools to deliver personalized promotions or recommend wager sizes to customers. Mobile sports wagering app operators will be mandated to appoint a dedicated responsible gaming lead and conduct monitoring for signs of potentially risky player behavior. The proposed rules align with the concept of embedding responsible gaming tools directly into the user experience. In an interview with CasinoBeats, Wondr Nation CEO Anika Howard noted that the industry should build responsible gaming practices into product development, including “engaging players from their first interaction.”“Are there onboarding processes that can be used to educate new players? Could we embed step-by-step play guides, odds explanations, budget tracking tools, and account setup resources so these are not just optional add-ons to the user journey?” The New York proposal lays out exactly these requirements for in-state operators. Under the draft rules, several behaviors will trigger operator intervention: deposits exceeding $10,000 within a 24-hour window, total account activity surpassing $1 million over 90 days, or a 50% jump in daily logged-in time when compared to prior weeks. The draft rules outline a three-phase intervention process for operators once they flag an at-risk customer using the established trigger list. These steps start with sending responsible gaming resources to the customer, progress to requiring the player to watch an educational video before placing another bet, and include suspending the account until the user has a direct conversation with the dedicated responsible gaming lead. In the most severe cases, operators will be required to permanently close the customer’s account. The push to enact these protections comes as New York’s three downstate casino licensees — Bally’s Bronx, Hard Rock Metropolitan Park, and Resorts World New York City — are forecast to generate annual gaming revenues of up to $5.6 billion once they are fully up and running. 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.

Kambi Bolsters Its French Market Footprint With PMU

(AsiaGameHub) -   Sportsbook provider Kambi has made headway in the French market through a new collaboration with local operator Pari-Mutuel Urbain (PMU). In particular, Kambi will cater to French racing enthusiasts by utilizing PMU’s well-established user base and standing as one of the longest-running horse racing betting operators to power PMU’s fixed-odds online sportsbook. Although Kambi has been working with FDJ United since November 2025 to provide its Odds Feed+ product while FDJ United shifts to its own in-house end-to-end system, the company had not previously operated in France—meaning this partnership with PMU marks its debut in the market. “PMU is a powerhouse brand in European sports betting and the ideal partner for Kambi’s entry into France,” said Werner Becher, Kambi Group Chief Executive Officer. “Our Turnkey Sportsbook is purpose-built to help operators win in competitive and regulated markets, and we’re proud to bring our full breadth of technology and trading to the iconic PMU brand as we look to set a new benchmark for sports betting in France.” PMU aims to bolster its standing in France by rolling out Kambi’s Turnkey Sportsbook solution, which adds integrated AI-driven pricing, trading, and risk management features. These are complemented by Kambi’s exclusive high-tech platform and user experience (UX) equipped with cutting-edge innovations. Designed specifically for PMU’s users, Kambi will develop a custom front-end interface that effectively showcases the operator’s brand identity, helping PMU stand out from local competitors and maximize its customer retention potential. Olivier Pribile, PMU Chief Marketing, Product and e-Commerce Officer, added: “The partnership with Kambi is an important strategic step in PMU’s evolution as one of the leading sports betting operators in France. “Kambi’s turnkey sports betting solution will enable us to offer a betting experience that meets the highest market standards to our online customers. This is the first step in a major transformation of our multi-game offering that will take place soon and will allow PMU® to reposition itself as a leader in online gaming.” This collaboration is the most recent announcement from Kambi, indicating that the company is seeking to resume growth following a period of stagnation in 2025, as reflected in its latest financial reports. Having experienced an 8.2% year-over-year revenue decrease—falling from €176.4 million (£151.1 million) to €162 million—and a drop in full-year profit from €18.8 million to €8.1 million, these partnerships are set to be crucial for Kambi’s recovery efforts in 2026. 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.

Third consecutive raid on Swiss house over illegal poker

(AsiaGameHub) -   A residential property in Zürich has appeared repeatedly in local law enforcement records, as the address has been raided yet again over illegal gambling activities. In an official press release, the Swiss Federal Casino Commission (ESBK) issued a joint announcement alongside the Zürich Cantonal Police, confirming that a property raid had been conducted and arrests had been made in connection with unlicensed poker operations held at the site. Upon arriving on the scene, authorities discovered four illegal poker tables set up, leading to the confiscation of €7,590 (£6589) and CHF 1,850 (£1,790) in cash, bags holding gaming chips, assorted IT equipment, and numerous mobile phones. Altogether 23 people were present at the address when the raid was executed, with officials confirming that three individuals have been arrested on suspicion of organizing illegal gambling, one of whom is the manager of the bar that also operates out of the same property. Notably, this marks the third time this same address has been raided since 2023. The ESBK further stated that it has launched three separate criminal proceedings, accusing the suspects of violating gambling regulations under the Swiss Gambling Act, which could also lead to anti-money laundering charges being filed if the three are found guilty. A violation of the Gambling Act rules alone can carry a maximum prison sentence of five years, paired with significant financial penalties for both organizations and private individuals. SBC News readers may recall a similar case from December last year, when the ESBK and police carried out another successful illegal gambling raid targeting two addresses in Switzerland. During that earlier operation, confiscated items included CHF 10,000 (£9,300) in cash, one poker table, slot machines, and multiple electronic devices. Another suspected ringleader was taken into custody at the time, with CHF 10,000 found on his person, which prompted a search of his private residence as well. An additional 25 people were also detained for questioning. 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.

Everton and Fulham speculation highlights evolving UK sponsorship landscape

(AsiaGameHub) -   The relationship between British sports and the betting sector is undergoing a transformation, yet there is also a feeling of continuity as certain clubs seek new sponsors and others maintain their existing strategies within a revised regulatory environment. It is common knowledge that front-of-shirt sponsorship deals in the Premier League will conclude after this season (2025/26). It is also widely known that alliances between clubs and unlicensed operators are under threat due to a Department of Culture, Media and Sport (DCMS) consultation that is scrutinising these arrangements. This context clarifies why Everton and Fulham are, as per media accounts, altering their approach. Everton is searching for a new front-of-shirt sponsor to replace Stake, its partner of several years, while Fulham is seeking a substitute for SBOTOP. Sky News reports that both clubs are in discussions with CMC Markets, a London-based financial services company that also operates a spread betting platform. The firm holds regulatory approval from both the Financial Conduct Authority (FCA) and the UK Gambling Commission (UKGC). Nevertheless, because its main business is financial services, it might be excluded from the Premier League's upcoming voluntary prohibition on front-of-shirt betting sponsorships, which is scheduled to begin from the 2026/27 season. A not-so-new era of sponsorship? Everton's partnership with Stake, a global cryptocurrency betting company that left the UK market in February 2024, began in 2022. Fulham, on the other hand, entered a partnership with SBOTOP, an Asian-focused betting firm owned by Celton Manx, in 2023; this operator also departed the UK in 2025 after the TGP Europe white label network exodus last April. This situation leaves Everton and Fulham in a distinctive spot, as both are currently allied with unlicensed firms. Such arrangements are still technically allowed, provided the operators do not target UK-based customers—a condition that partners like Chelsea's 8xbet have taken notable steps to demonstrate. However, the future of these deals is uncertain and hinges on the outcome of the ongoing DCMS consultation. SBC News has contacted both Everton and Fulham for a statement regarding the media speculation. The reported negotiations with CMC Markets indicate that Premier League clubs remain interested in some form of involvement with the betting industry, even after agreeing to a self-imposed ban. Campaigners for gambling reform have demanded a complete prohibition on all sponsorship during the 2020-2023 review of the 2005 Gambling Act. Yet, a debate has emerged about whether financial services, trading, and cryptocurrency companies could step in to provide an alternative source of revenue that would be lost under a gambling sponsorship ban—the rumoured talks between Everton, Fulham, and CMC lend credibility to this idea. Broadening the scope of sponsorships However, the voluntary front-of-shirt ban, as the name implies, applies to only one category of sponsorship. It continues to permit sleeve partnerships, perimeter LED advertising, training kit deals, and social media collaborations. Deals between English clubs and unlicensed operators have faced significant criticism lately. However, partnerships with regulated gambling companies remain widespread, with Aston Villa and Betano, and West Ham and BoyleSports serving as two examples. In the latter case, the partners have been exploring methods to extract more value from their relationship beyond a logo on a shirt. West Ham has been running a 'Shirt Swap' stall at select matches, allowing fans to obtain free 2025/26 home and away shirts. The stall is returning for the club's FA Cup quarter-final match against Leeds United this Sunday (5 April) at the London Stadium. Supporters must bring an old shirt to exchange for a new 2025/26 season shirt; the stall will be open from 2pm until 4:30pm when the game begins. “From the very start of the season, we’ve been focused on enhancing the supporter experience in meaningful ways,” said Liam McKee, Head of Sponsorship at BoyleSports. “After such a strong response earlier this season, bringing the ‘Shirt Swap’ market stall back felt like a natural next step. We’re hoping that the event brings supporters good luck in this huge cup tie.” The sponsorship landscape is unquestionably evolving, but the specific changes will vary from one club to another. Some will replace betting partners with companies from other sectors, potentially those adjacent to betting like CMC Markets, or even prediction platforms if they achieve in Europe the same success seen in the US. For other clubs, involvement with betting will persist, but within the limits set by the front-of-shirt ban, the Gambling Act review's sponsorship Code of Conduct, and a potential DCMS prohibition on deals with unlicensed firms. Most importantly, the pressure on marketing budgets resulting from the UK's new tax system—effective tomorrow, 1 April—will make it crucial for operators to guarantee that any football sponsorship delivers good value for money. 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.