Category: iGame

(AsiaGameHub) - Entain has verified that Ricky Sandler, the founder of Eminence Capital, has stepped down from his role as Non-Executive Director. This announcement comes after the reported shutdown of the Eminence fund last week, during which Sandler noted that the business had “fallen short of our very high standard and your expectations”. Eminence was understood to be the third-largest shareholder in Entain, owning roughly 6.5% of the Ladbrokes Coral parent company. Sandler took his seat on the board in early 2024. Sandler’s history with Entain During that era, and indeed beforehand, he was highly critical of the company’s $766m (£565m) purchase of Polish operator STS Group, calling the move “perplexing on many levels”. However, he seems to have built a friendly rapport with Entain Chairman Pierre Bouchut and current CEO Stella David. David was the interim CEO when Sandler joined, taking over after Jette Nygaard-Andersen left. It should be noted that the STS Group deal was finalized under Nygaard-Andersen’s watch, following her departure amid claims she was losing favour with shareholders.Addressing Sandler’s exit, Bouchut remarked: “On behalf of the board, I thank Ricky for his support over the past two years. “Thanks to his contributions the company is in a stronger position and is well equipped to capitalise on the many opportunities in the global sports betting and gaming market.”Entain was not the only gambling firm in Eminence’s portfolio; they also held stakes in US-listed DraftKings and Flutter Entertainment, though Sandler did not sit on the board of either. Since joining Entain, Sandler witnessed the company navigate numerous challenges, including tax hikes across Europe—especially in the UK—as well as management changes and store closures. Nonetheless, in his final statement as an Entain Director, Sandler reiterated his belief in the company. “It has been a pleasure to have served on the Entain board for the last two years,” he stated. “During that time, Entain has seen significant operational transformation, and the business is well positioned to deliver continuing strong growth. I have the utmost confidence in Entain’s management and board to deliver enhanced shareholder value. “Entain shares are held in accounts and funds managed by Eminence Capital, which will be liquidated in an orderly manner, without any pre-determined time constraints, with the intention of maximising value realisation.” Ricky Sandler. Credit: Eminence Capital Sandler’s departure arrives shortly after Entain released its Q1 2026 results, which showed resilience despite the tax issues mentioned earlier. The firm posted a 3% rise in group-wide Q1 revenue, with strong showings in the UK, Ireland, and Australia. The company stays on the FTSE 100—the London Stock Exchange’s leading index—and executives are confident about gaining market share, even though it now sits as the 94th most valuable company on the index with a market cap of about £3.63bn. 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.

(AsiaGameHub) - Meridian Holdings has achieved a significant milestone, reporting its initial profitable quarter since adopting its new corporate identity. In the first quarter, Golden Matrix Group Inc (GMGI), listed on NASDAQ, finalized its rebranding to Meridian Holdings, also changing its ticker to MRDN as part of a broader strategic shift to become a multi-market gaming entity. Upon releasing its Q1 financial results, Meridian disclosed total group revenue of $50.1 million (£37 million), representing a 17% increase year-over-year from $42.5 million. Gross profit climbed to $28.1 million (a 16% rise), with profit margins remaining consistent at 56.2%, largely mirroring the previous year's figures. Meridianbet, which stands as the largest gambling company in Serbia and Montenegro, remains the primary engine of growth. This segment contributed $34.9 million in Q1 revenue, a 26% year-over-year increase, making up almost 70% of the group's overall revenues. Meridian's corporate financial statements revealed a net income of $2.3 million, marking its inaugural profitable quarter since adopting the new identity structure. This indicates that its restructuring and rebranding efforts are starting to yield positive financial outcomes. Chairman William Scott characterized this quarter as a pivotal moment for the company. Scott stated, “This quarter represents a significant achievement in our trajectory of growth.” “We achieved revenues consistent with our projections, surpassed our profitability forecasts, and further solidified our balance sheet, all while investing in our proprietary technology and extending our presence into regulated markets,” he added. Enhanced balance sheet performance was a prominent aspect of the report. Net debt decreased by 62% year-over-year to $13.4 million, and total debt was reduced by over 50%. The group concluded the quarter with $16.2 million in cash, demonstrating a more prudent financial position post-transformation. Key Performance Indicators (KPIs) showed new customer registrations climbing 41% year-on-year to almost 500,000, with active users growing 21% to 333,700. This underscores sustained demand across both physical and online platforms. In other areas, RKings Competitions recorded $7.7 million in sales within the UK, bolstered by better per-customer economics. In Australia, Classics for a Cause surpassed 10,000 VIP subscribers, and Mexplay, the group's brand targeting Mexico, saw its registrations more than triple year-on-year to 74,000. For the upcoming period, Meridian projects Q2 revenues to be between $51 million and $53 million, suggesting ongoing double-digit year-over-year growth of 18% to 23%. Meridianbet identifies substantial growth prospects in its core markets of Serbia and Montenegro, which are undergoing regulatory changes in the second half of the year. To conclude the update, Chairman William Scott reiterated the company's commitment to profitability as Meridian proceeds with its search for a new CEO, following Brian Goodman's departure in December 2025. Scott further stated: “These outcomes affirm that our transformation efforts are yielding results. Meridian Holdings now operates with enhanced discipline, more robust cash flow fundamentals, and a distinct path toward sustained long-term 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.

(AsiaGameHub) - Chinese gamblers are traveling to isolated rural regions to avoid police oversight, yet law enforcement officials are persisting in their efforts, closing down numerous outdoor betting operations across the country. In their most recent operation, officers from the Banqiao Police Station and the Luoping County Public Security Bureau detained more than a dozen individuals caught placing bets in a secluded evergreen forest area, according to Chinese media outlet ZJW. Authorities released pre-arrest photos of the group, showing several people seated on lightweight plastic stools around a foldable wooden table that appeared to be loaded with gambling paraphernalia. Officers stated they carried out the raid on April 22, following multiple instances of remote monitoring of the group’s activities. Luoping County, Yunnan Province, China. (Image: Fanghong [CC BY-SA 3.0]) Chinese Gamblers Turn to Hills & Fields to Dodge Law Enforcement Investigators explained that the group had meticulously planned their activities to “evade police crackdowns and avoid CCTV surveillance and street patrols.” Instead, this alleged gambling ring “specifically selected remote, mountainous areas as their temporary betting dens,” officers noted. Members of the group reportedly took turns acting as lookouts, aware that police are now actively targeting gambling rings that gather in rural areas and abandoned buildings. Banqiao Police Station officers said they had identified the group’s members, meeting patterns, and gathering locations prior to their operation. During the raid, authorities seized over 30,000 yuan ($4,400) in cash and a variety of gambling paraphernalia. The station has imposed administrative penalties on eight of the arrestees. Police placed several others under administrative detention ahead of a court hearing. Banqiao Police Station stated it would seek to punish gambling offenders “without leniency.” The station also said it will increase police patrols in remote areas as part of an effort to “maintain peace and stability in the area.” All forms of gambling are illegal in China, except for state-run welfare and sports lotteries. These lotteries are legally classified as a form of fundraising, as they contribute to government welfare and sporting programs. Tech Startup’s Website Is Exploited by Online Casino Promoters Meanwhile, in the city of Putian, Fujian Province, police responded to a tip-off from internet users who discovered a tech startup’s website had been hijacked by online casino promoters. The startup had recently rebranded and migrated its operations to a new site, the city’s Municipal Public Security Bureau cybersecurity department wrote in an official release. However, the unnamed firm—identified only as a Changsha-based technology company—had “failed to promptly cancel the website registration for its former domain name.” Opportunistic criminals reportedly took advantage of this gap, purchasing the domain name registration and using it to promote an illegal online casino platform. The police department said the site has since been shut down. Officers also summoned the firm’s executives to explain what had happened and instruct the company on steps to prevent a recurrence. Late last month, Chinese police repatriated a man suspected of masterminding a cross-border sports betting ring. Thai police arrested the man, surnamed Huang, after he fled to Thailand from Cambodia. Prosecutors have accused him of overseeing an illegal gambling empire worth around $73 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.

(AsiaGameHub) - A double homicide at an illegal gambling den in San Jose in March has prompted citywide crackdowns on these establishments, known as “casitas.“ Police have made at least 14 arrests this week, including Gustavo Rodriguez, who is being held at the Santa Clara County Jail for murder. On March 12, officers responded to a casita—Spanish for “little house”—located on East Santa Clara Street. Upon arrival, they discovered the bodies of Eddie Delgado, 56, and Oscar Salgado, 41, along with gambling machines. All other individuals present had fled the premises. An ongoing investigation identified Rodriguez as the primary suspect and led authorities to conduct raids on multiple casitas throughout the city. “The motive and circumstances surrounding the incident are still under investigation,” stated the San Jose Police Department in a press release. Raids Lead to Further Arrests The double murder is not an isolated case. According to police, there have been multiple shootings and homicides tied to illegal after-hours clubs, bars, and illicit gambling operations operating across the city. Last week, a coordinated raid targeting four such venues resulted in the arrest of 13 individuals. Authorities also confiscated 45 illegal gaming machines, narcotics, and more than $3,000 in cash believed to be proceeds from unlawful activities. “Illegal gambling fuels violence, endangers residents, and has no place in San José,” said Mayor Matt Mahan. “Thanks to the efforts of our Special Operations and Vice units dismantling these illegal enterprises, we’re sending a clear message: criminal activity of any kind will not be tolerated in San José.” Dens Continue Operating Despite Raids California has maintained a firm position against expanding legalized gambling beyond authorized channels. Earlier this year, police conducted a raid at the Santa Anita racetrack, seizing machines officials deemed illegal. Despite repeated law enforcement actions, gambling dens continue to reopen rapidly. In December, police arrested four suspects at a casita located in the 2700 block of Cramer Circle, seizing several illegal gambling devices and narcotics. However, investigators later found that the operation had already resumed, prompting another raid last week. This latest operation led to the arrest of Deon Nguyen, 26, and the seizure of additional gambling machines and over $51,000 in cash. “These illegal operations compromise neighborhood safety, drive violence, and erode public trust within our community,” said City Manager Jennifer Maguire. In addition to cash and gambling equipment, police uncovered an arsenal of weapons, including seven rifles, one shotgun, ten handguns, thousands of rounds of ammunition, parts used to manufacture ghost guns, butterfly knives, and brass knuckles. Mexican Cartels Linked to Illegal Gambling Dens “All of these locations are controlled by someone from the Mexican Mafia,” remarked Richard Velasquez, a detective with the Los Angeles County Sheriff’s Department who has previously shut down numerous casitas. Velasquez made these comments three years ago following the killing of a woman employed at one such establishment. Recent developments suggest little progress has been made since then. “In my view, the Mexican Mafia functions much like the Italian organized crime groups,” Velasquez told the LA Times. “If you open a smoke shop, sell gaming software, or operate a gambling machine, some Southsider—a gang member affiliated with the Mexican Mafia—will enter and demand protection and authorization to operate in their territory.” Police Alleged to Be Turning a Blind Eye While announcing recent arrests stemming from raids, San Jose Police Chief Paul Joseph declared, “This operation demonstrates our commitment to aggressively pursue those who operate outside the law and threaten the safety of our neighborhoods.” However, local residents claim police have long known about the operators behind these venues and failed to take meaningful action for years. One resident reported having a friend who managed two venues in the city, reportedly earning “a thousand dollars per day from each location.” They added, “We were hanging out at one of his casinos late at night when, right after we left, we were pulled over by LASD. The officer sarcastically asked him how his ‘tap taps’ were doing, and he just laughed. Then the cop drove off.” Is Tribal Gambling Exclusivity Fueling Gambling Dens? Florida similarly struggles with widespread illegal gambling arcades. Each month brings reports of new raids targeting venues offering unlicensed gambling opportunities to residents. Like California, Florida grants exclusive rights to tribal entities to conduct gambling operations, with only limited exceptions permitted. Critics argue that this exclusivity model encourages criminal networks, while broader legalization and regulation might reduce the violence and crime associated with underground gambling. “These operations prey on vulnerable populations, including seniors on fixed incomes and those struggling with addiction, solely for profit,” said Joseph. Similar accusations have also been directed at legitimate betting companies. In Florida, Volusia County Sheriff Michael Chitwood warned that illegal gambling venues pose heightened risks. He stated, “These casinos are linked to money laundering, drug trafficking, and human smuggling.” It remains uncertain whether legalizing gambling would reduce crime linked to illegal dens or if the prevalence of such venues in both Florida and California points to deeper systemic issues within affected communities. 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.

(AsiaGameHub) - Legalizing casinos for foreign passport holders in 2022 has proven to be economically beneficial, according to the President of Kyrgyzstan, with visitors spending “millions” since the first Kyrgyz casinos opened. The decision has “proven its worth economically,” President Sadyr Japarov said, per the Russian-language media outlet Gazeta. “As far as the state is concerned, there is nothing reprehensible about our decision to enact the law,” he said. “This decision wasn’t made to further anyone’s personal interests. And time has proven us right.” “When it was passed, there were concerns that Kyrgyz citizens would start visiting casinos, which would lead to ruined lives,” Japarov stated. “However, [since the first casinos opened], we have not seen a single case of a Kyrgyz citizen visiting a casino.” Japarov: Legalizing Casinos ‘Not Reprehensible’ Japarov reiterated that Kyrgyz casinos are “only accessible to foreigners,” adding that they also generate revenue for the budget in the form of tourism revenues and taxes. They have also created scores of new jobs, he added. Japarov said that when it was drafting the 2022 legalization law, the government was “counting on tourists and wealthy citizens in neighboring countries.” “Rich foreigners are leaving their wealth in Kyrgyzstan, and jobs are being created for our citizens,” the President said. “Thousands of our Kyrgyz citizens, who previously worked in countries like Cyprus, are returning to work in their homeland.” The government outlawed casinos in 2012, with bookmakers and betting shops ordered to close in 2015. Officials said at the time they were responding to “numerous complaints” from the relatives of people who had “lost their property and their savings.” But the 2022 law reversed the 2012 ban, albeit with one key caveat. Sadyr Japarov, the President of Kyrgyzstan. (Image: @KR_President/Telegram) Casinos: A Kyrgyz Tourism Boost? The 2022 law prohibits Kyrgyz citizens and foreign passport holders under 21 from visiting casinos. “Casinos generate revenue for the budget, while our citizens suffer no losses,” Japarov said. “That’s the key result. We have achieved a balance. The millions our wealthy citizens once lost abroad are now offset by the money foreign visitors lose in Kyrgyzstan.” “The money returns to the country through tourism,” the President concluded. “And that was our main goal in drafting this law.” Despite the President’s claims, illegal online casino operators continue to target domestic gamblers. Earlier this year, promoters took over the former website of a state-owned trading company. The company, now defunct, was previously run by Kyrgyzstan’s Cabinet of Ministers. The promoters used the website to redirect visitors to the Olymp Casino betting platform. The platform operators offered a range of sports betting and slots options, allowing patrons to pay in Kyrgyz currency. 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.

(AsiaGameHub) - Two legislative proposals are moving forward in Minnesota that would ban sweepstakes casinos and prediction markets covering a broad spectrum of events, including sports. The Minnesota Senate has already given its approval to bill SF4511, which would significantly limit prediction markets within the state. This legislation was received by the House on Monday and has been referred to the Commerce, Finance, and Policy committee. Last week, the Senate also passed SF4474, a bill proposing a ban on sweepstakes casinos. This bill has been assigned to the Public Safety Finance and Policy committee. House representatives have until May 18 to advance the bills to Governor Tim Walz. Prediction Market Prohibition The legislation concerning prediction markets would prohibit companies from offering markets related to the following: All athletic competitions, including horse racing Events such as wars, natural disasters, mass shootings, and other tragic or violent occurrences The outcomes of legal proceedings Elections Entertainment-related markets, such as award ceremonies and release dates Mention markets Short-term weather phenomena The Senate approved the legislation with a 56-10 vote last week. According to Sen. John Marty, one of the bill's sponsors, the vote indicated lawmakers' belief that prediction markets have become unmanageable. “It shows that people of both parties, people who are pro-gambling and anti-gambling together, can recognize that the prediction markets are ripe for conflict of interest, things like insider trading for politicians, for others. It’s a huge thing ripe for scandal. And it’s gone out of control,” Marty stated. The ongoing debate across the US regarding whether prediction markets constitute legal trading or illegal gambling continues to attract significant attention. Minnesota currently prohibits both retail and online sports betting, and Sen. Marty highlighted that the bill aims to establish that prediction markets are considered illegal gambling. “We’re saying no, these are bets, sports bets, bets on politics, things that are currently illegal,” he remarked during a hearing last month. Minnesota Senator Wagering on Himself Sparks Ban The US Senate recently imposed a unanimous ban on all Senators participating in prediction markets. This action followed an instance where Minnesota Sen. Matt Klein placed a wager on himself to win his primary election on Kalshi. Klein reached a settlement with Kalshi, agreeing to a $539.85 fine and a five-year prohibition from the platform. He expressed support for the ban on Senators using prediction markets, commenting that his experience, “like many other Minnesotans, points to the need for clearer rules and regulations for these types of markets.” Kalshi also took action against a California gubernatorial candidate for placing a bet on themselves on the platform. “As a candidate in a race, you can (and probably should) follow and use Kalshi’s market forecast, but you should not trade on it,” the company stated when announcing it had fined Kyle Langford over $2,000 and banned him from the platform for five years. Sweepstakes Ban Also Progressing Amidst its stringent anti-gambling laws, Minnesota is also moving to close another legal avenue that permits residents to gamble online. Similar to the prediction market ban, lawmakers approved a prohibition on sweepstakes casinos last week. The legislation defines an online sweepstakes casino as “a game, contest, or promotion that: (1) is available on the Internet or accessible via a mobile device, computer terminal, or similar access device; (2) uses a dual-currency system of payment that allows the player to exchange the currency for a prize, award, cash, cash equivalent, or an opportunity to win a prize, award, cash, or cash equivalent; and (3) simulates casino-style or another form of gambling“ Currently, only a limited number of platforms restrict access to their sites in Minnesota. If enacted, the bill would grant the state's Attorney General the authority to pursue action against operators and promoters. Indiana and Maine have already passed legislation banning sweepstakes casinos this year, joining several other states that prohibited these platforms last year. However, lawmakers in Tennessee did not approve legislation specifically criminalizing operators. Despite this, the state has already taken enforcement measures against numerous companies, though some continue to operate. The two bills in Minnesota are gaining momentum in a state that has adopted a firm anti-gambling stance. There appears to be minimal interest in expanding the state's gambling industry, as a proposal to legalize sports betting did not advance earlier this year. 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.

(AsiaGameHub) - As AI broadens the attack surface and cyber threats become increasingly sophisticated, the gaming industry is under growing pressure to boost oversight and control mechanisms. The Cybersecurity in Gaming Summit will return in 2026 to tackle these challenges, with a focus on risk assessment, regulatory compliance, and operational resilience. Held on Wednesday, May 20, the summit is a component of the SBC Summit Canada 2026 conference agenda. Co-developed with the Ontario Lottery and Gaming Corporation (OLG), it brings together cybersecurity leaders, legal and compliance experts, and industry specialists for an in-depth exploration of one of the sector’s most rapidly expanding areas of concern. In addition to identifying risks, the programme will examine how organizations can respond—from handling AI-powered threats to establishing governance frameworks that can withstand growing regulatory scrutiny. “Gaming operators manage large amounts of player data and financial transactions, which makes cybersecurity a key priority for the entire industry,” stated Graham Reed, Vice President of Cyber and Information Security at OLG. “Each time we advance with technology, the risks evolve alongside it. With AI, the current difference lies in the speed and scale of those threats. The question ‘are we moving quickly enough?’ is more crucial than ever. This summit is focused on ensuring Canadian operators are thinking about what comes next.” As the industry navigates these challenges, the summit will showcase prominent figures in AI and ethics, including Nell Watson—a philosopher, engineer, and author—who will participate in two sessions during the day. Watson has spent decades working in ethics, emerging technologies, and AI, holding leadership positions at the Institute of Electrical and Electronics Engineers (IEEE) and the European Responsible Artificial Intelligence Office (EURAIO), and providing advice to organizations like Apple and Amazon. She is also the author of two AI-focused books and has spoken at institutions including the World Bank, the United Nations General Assembly, and the Royal Society. Watson will present a keynote on the “Leaders Stage” titled “The Agent in the Machine: Trust, Capability and the New AI Era,” which explores how agentic AI is transforming cybersecurity and pushing organizations to reevaluate trust and control. The session will also cover how operators can implement AI responsibly while upholding effective governance. Watson will also join the fireside chat “Bonus Level: An Interactive Conversation with Our Keynote”. Alongside OLG’s Graham Reed, she will respond to questions about agentic AI and strategy before opening the session to a live audience Q&A. The session “Cybersecurity in Gaming: Emerging Risks and Opportunities” will look at how cyber threats are becoming more automated, organized, and influenced by AI—including the growth of agentic systems. Experts Rick Carville (VP, Cybersecurity & CISO, Great Canadian Entertainment) and Bryan Pollitt (Associate Partner, Consulting, EY Canada), along with moderator Graham Reed (Vice President, Cyber & Information Security Office, OLG), will discuss the most significant pressure points, evolving attack methods, and ways organizations can enhance their resilience. “Mastering Agentic AI: The Playbook for Safe & Scalable Autonomy” will center on how agentic AI is changing organizational operations, necessitating a shift from risk management to building cross-organizational capabilities. Led by Graham Reed and moderated by Tom Nightingale (Editor, Canadian Gaming Business), the session will explore how to align cybersecurity, IT, and business teams to safely deploy autonomous systems. The panel “Proving Control: Compliance and Accountability in a Changing Risk Environment” will tackle how organizations can go beyond understanding risks to demonstrating control and accountability as new technologies develop. Graham Reed, Tony Wong (General Counsel, OLG), Karl Rempel (Senior Manager, Technology Regulation and Compliance, ACGO), and Danielle M. Bush (Senior Counsel, McCarthy Tétrault) will discuss strategies for building compliance frameworks that can adapt to regulatory changes and emerging technologies. “Cybersecurity is emerging as one of the key challenges facing the gaming industry,” noted Aidan Brain, VP of Conference Production at SBC. “Partnering with OLG lets us root this programme in real-world operational experience and focus on the risks organizations are facing right now.” OLG is a Crown agency responsible for overseeing lottery, casino, digital, and charitable gaming operations in Ontario, as well as supporting the province’s horse racing industry. Since 1975, OLG has contributed nearly $64 billion to the people and Province of Ontario, supporting critical priorities like healthcare, problem gambling treatment and prevention, and amateur sports. Its revenues also benefit host communities, Ontario First Nations, lottery retailers, and local charities throughout Ontario. All of OLG’s profits are reinvested into the province. SBC Summit Canada will be held from May 19–21 at the Metro Toronto Convention Centre, gathering operators, suppliers, regulators, and affiliates at a critical juncture for the Canadian gaming industry—especially as Alberta progresses toward launching a regulated market that is expected to mirror Ontario’s model. 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.

(AsiaGameHub) - Veikkaus has named Ilkka Kosola as its new Chief Financial Officer (CFO), with responsibilities that include supervising the regulatory overhaul of Finland’s gambling sector. Kosola will assume the position at the end of September 2026, becoming part of the executive leadership team to reshape Veikkaus prior to Finland’s shift to a multi-licence online gambling framework, set to launch at the beginning of next year. First launched in 2024, this regulatory reform will see the Finnish government roll back parts of the monopoly rights awarded to Veikkaus, meaning the firm will no longer act as the sole provider of online gambling services in Finland. His hiring is directly tied to Veikkaus’ 2030 strategy, which outlines the group’s goals to evolve into a more flexible, commercially competitive, and globally reputable operator. Core pillars of this strategy include stricter financial governance, enhanced capital efficiency, and the capacity to implement structural adjustments – all areas where Kosola is slated to take the lead. CEO Olli Sarekoski stressed the significance of this appointment. He stated: “Ilkka’s extensive, global experience leading finance and IT departments, paired with his demonstrated track record of delivering change and carrying out strategic deals, makes him an ideal match for Veikkaus as we steer through this era of major transformation. “We are certain that his expertise will be an enormous asset to our company and our executive leadership team as we progress toward our 2030 strategic objectives.” Kosola joins Veikkaus from Reaktor, where he held the post of Group CFO, and has previously occupied senior positions at Adven Group, TietoEVRY, Basware and Fortum. His professional background covers leading financial restructuring efforts, building digitally powered finance teams, and incorporating cutting-edge technologies like AI into financial workflows. Commenting on his new role, Kosola said: “I am excited to join the Veikkaus team and to be given the chance to contribute to the next stage of this well-known Finnish institution’s development. “Veikkaus stands at a critical juncture in its history, and I am keen to put my experience to use to support the company’s transition and the rollout of its new strategy amid the opening up of the licensing market.” The CFO appointment coincides with wider governance overhauls at Veikkaus, pointing to a planned restructuring of the operator’s leadership team in preparation for the upcoming regulatory changes. During its March 2026 Annual General Meeting, the company updated its Board of Directors, keeping Kaisa Olkkonen in the role of Chair while adding new members to boost its expertise in international business and transformation projects. Olkkonen remarked on the board update: “Our preparations for the new licensing framework and the introduction of competition in the Finnish market are progressing smoothly, and at the same time we are working toward our target of becoming a respected, successful international gambling group by 2030. “The Board has been enhanced with deep experience from firms that operate in global markets as well as those that have navigated complex transformation scenarios, which will greatly support Veikkaus as it continues its transition.” Combined, the changes at both the executive and board level highlight Veikkaus’ aim to align its governance, overall strategy and financial strategy – positioning the operator as a top brand before the new regulatory rules come into force. As Finland moves closer to implementing its multi-licence system, the operator is faced with the twofold challenge of upholding its public remit while demonstrating that it can compete effectively amid commercial pressures. 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.

(AsiaGameHub) - Stake has launched in Mexico, just weeks ahead of the country hosting the 2026 FIFA World Cup. Stake already operates across Latin America, with established markets in Colombia and Peru. This latest launch marks its second market entry of 2026, coinciding with industry forecasts predicting significant growth in Mexico’s betting sector as the tournament approaches. The platform will be accessible via the stake.mx domain, offering Mexican players its globally recognized online casino and sportsbook products. A time of regulatory reform in Mexico The expansion takes place during a period of regulatory change in Mexico. Earlier this year, the Special Tax on Products and Services (IEPS) on bets increased from 30% to 50%, often referred to as a sin tax, while operators are also subject to a 30% corporate income tax (ISR). In addition, gambling advertising has faced stricter regulation in 2026, with proposals introduced to ban such advertising between 06:00 am and 10:30 pm. … but Stake still sees opportunity Despite these challenges, Stake remains confident about capitalizing on what it expects to be a major betting market surge this summer. Mexico has drawn attention from several betting brands aiming to expand in the region, with interest intensifying ahead of the World Cup. Carolina Diniz Flauzino, Business Development Manager at SOFTSWISS, recently commented on an SBC webinar: “I think Mexico is going to be the next up-and-coming country globally that will boom this year and in the next few years, especially as physical operators begin integrating with online casinos. “It’s particularly important given Mexico is co-hosting the World Cup this summer—this event is expected to bring substantial new exposure.” For Stake, Mexico presents key opportunities for commercial growth and brand development. In Mexico, the company operates under a permit-based system regulated by SEGOB (the Ministry of Interior), functioning as an agent under Uno Capali’s license agreement. While Stake has previously attracted regulatory scrutiny—including a UK ban following controversial advertising involving an adult actress near Nottingham Trent University—it continues to pursue global expansion. Recent milestones include a launch in Denmark, a partnership with Belgium’s football legend Eden Hazard, and profits exceeding £100 million, reflecting sustained upward momentum. Jarrod Febbraio, Stake Director, stated: “Mexico is a vital and exciting market for us—one characterized by strong growth potential and a deep cultural passion for sport, which aligns perfectly with Stake’s core mission. We have built significant traction across Latin America in recent years, including in Peru and Colombia, and Mexico represents a logical next step due to its size and long-term prospects. With Mexico set to co-host the 2026 FIFA World Cup, this timely launch enables us to establish a robust presence ahead of one of the world’s largest sporting events and deliver a top-tier experience to Mexican players.” 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.

(AsiaGameHub) - Brazil’s PT government has launched a public awareness campaign warning that “betting will never be an investment or income.” This follows the recent ban on prediction markets across Brazil, with authorities emphasizing that such platforms do not qualify as financial instruments. The campaign began on Friday through the government’s official X account, where officials adopted the clear slogan “enough on gambling addiction.” The message labels prediction markets as illegal betting services, directly associating them with increased debt and social harm. The warning reflects a firm regulatory stance on the status of prediction markets in Brazil, following action by the National Monetary Council (CMN), which concluded that prediction markets—regardless of their branding—function identically to fixed-odds betting. The CMN, Brazil’s authority overseeing financial markets and monetary policy, has ruled that derivatives cannot be tied to sporting events, political outcomes, or entertainment results. This classification underpins a coordinated enforcement effort combining financial regulations, telecom oversight, and political messaging into a unified regulatory direction. Chega de vício. O Governo do Brasil BARROU a entrada das plataformas de previsão no país. Elas são um tipo de bet que negocia palpites sobre qualquer coisa que exista. Isso tá oficialmente proibido: não pode. Aposta não é investimento, bet não é renda. Digital/PR pic.twitter.com/eyDDMqCsZV — Governo do Brasil (@govbr) April 28, 2026 No status for Prediction Markets The decision was triggered by Kalshi’s attempt to launch in Brazil. As reported by SBC Noticias, the U.S.-based company had identified Brazil as its first international market, aiming to enter using its regulated status in the United States—only to be blocked by the CMN. However, Brazilian regulators determined that Kalshi’s model exposed a structural loophole—one that could allow betting products to operate under the cover of financial derivatives. That gap has now been closed. Banco do Brasil implemented the prohibition via Resolution No. 5,298, banning derivatives linked to non-financial events such as sports, elections, and entertainment outcomes. Financial contracts are now limited exclusively to recognized economic indicators, eliminating any legal route for prediction-style products within Brazil’s financial system. Enforcement has also extended to access. The National Telecommunications Agency (ANATEL) has been assigned to block both domestic and international platforms, ensuring that prediction markets cannot reach Brazilian users through digital channels. The dual strategy—cutting off both financial infrastructure and user access—shows regulators are determined to eliminate the sector entirely, rather than regulate or license it. Government officials have justified the move on several grounds. At the regulatory level, prediction markets are viewed as bypassing the existing Bets framework, creating an unlicensed parallel market. Socially, the platforms are linked to rising household debt, with policymakers increasingly citing gambling as a factor contributing to financial instability. Politically, the administration has drawn a clear boundary, stating it will not allow “life and politics to be shaped by gambling,” especially when event-based speculation intersects with elections or public affairs. The crackdown also reflects Brazil’s broader regulatory approach: instead of allowing innovation to test legal boundaries, authorities prefer preemptive control—defining acceptable products before they gain scale. As a result, prediction markets cannot be considered a new asset class. Lula to show the way On the wider issue of gambling, this intervention is part of a tightening policy cycle led by President Luiz Inácio Lula da Silva. In his 2026 campaign platform, Lula pledged to introduce a presidential decree on comprehensive online gambling reforms, signaling further restrictions. Among proposed measures is a ban preventing individuals receiving government aid from accessing betting platforms—framed as a step to “remove gambling from debt” and protect vulnerable populations. The broader agenda indicates that Brazil’s gambling regulatory framework remains in flux, despite the launch of the Bets regime on January 1, 2025. While the market has attracted operator interest and generated significant tax revenue, it has also drawn intensified political attention regarding its social consequences. Brazil will permit only strictly regulated betting within clearly defined limits. Products that blur the line between finance and gambling will face immediate opposition. For Kalshi and similar companies, the outcome is decisive: Brazil will not serve as a gateway market to other South American jurisdictions. 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.

(AsiaGameHub) - This week’s Truist Championship sees the PGA Tour return to Charlotte’s Quail Hollow Club, and we’re here to provide you with all the odds, picks, and predictions you need. Last year’s tournament was hosted at The Philadelphia Cricket Club and won by Sepp Straka. Rory McIlroy (pictured above) claimed the title when the event was last held at Quail Hollow in 2024. This week, he’s back in action after taking a nearly month-long break following his Masters victory. Cameron Young delivered a winning pick for us by taking home last week’s Cadillac Championship at Doral. DraftKings Odds for the Truist Championship Take a look at the DraftKings odds for the top players vying to win the Truist Championship: Rory McIlroy +580 Cameron Young +880 Xander Schauffele +1225 Matt Fitzpatrick +1650 Ludvig Aberg +1800 Tommy Fleetwood +2350 Si Woo Kim +2500 Rickie Fowler +2900 Patrick Cantlay +2900 Robert MacIntyre +3000 Sam Burns +3100 Adam Scott +3200 Viktor Hovland +3400 Hideki Matsuyama +3600 Maverick McNealy +3800 Jordan Spieth +4100 Harris English +4100 Jason Day +4200 Jake Knapp +4300 Ben Griffin +4300 Sepp Straka +4400 J.J. Spaun +4500 Chris Gotterup +4500 Min Woo Lee +4600 Justin Thomas +4800 Kurt Kitayama +5100 Akshay Bhatia +5100 Nicolai Hojgaard +5600 Keegan Bradley +6000 Gary Woodland +6200 Justin Rose +6300 Alex Noren +6600 Jacob Bridgeman +7000 Harry Hall +7400 Sam Stevens +7600 Alex Smalley+7600 Corey Conners +7800 Top Favorite Pick to Win the Truist Championship Rory McIlroy (+580) McIlroy is this week’s betting favorite, with Scottie Scheffler absent from the field. Scheffler won last year’s PGA Championship at Quail Hollow, which meant the venue didn’t host the Truist Championship that season. We usually avoid betting on the favorite (chalk), especially with McIlroy coming off an extended rest period, but the Irish golfer has a deep love for this course—he holds four career wins at Quail Hollow from 2010, 2015, 2021, and 2024. Rory McIlroy lines up a putt at Quail Hollow during his 2024 Truist Championship win. (Photo: Kris Johnson) McIlroy has made five starts this season, with standout finishes including: The Masters – 1st Genesis Invitational – T-2 AT&T Pebble Beach Pro-Am – T-14 Given his impressive track record at Quail Hollow, it wouldn’t be surprising to see McIlroy secure his fifth victory there this Sunday. Top Sleeper Pick to Win the Truist Championship Tommy Fleetwood (+2350) Tommy Fleetwood has finished in the top 10 in four of his eight starts this season. The defending FedEx Cup champion’s best result was a T-4 at the AT&T Pebble Beach Pro-Am. Fleetwood has performed well in three career Truist Championship appearances, with finishes of T-13, T-5, and T-14. This season, the Englishman ranks 4th on tour in SG: Around the Green and 8th in SG: Tee to Green. Top Longshot Pick to Win the Truist Championship Justin Rose (+6300) Justin Rose had a disappointing T-65 finish at last week’s Cadillac Championship, but at 45, he’s been playing some of his best golf in recent years. In his previous start, Rose made a strong run at winning The Masters before finishing T-3. He’s already secured a win this season at the Farmers Insurance Open. In two tournament starts at Quail Hollow, Rose notched a 3rd-place finish in his 2019 debut. He still has the skill and length to succeed on this demanding course. 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.

(AsiaGameHub) - The Carolina Hurricanes will host the Philadelphia Flyers in Game 2 of their second-round playoff series. The game begins at 7 p.m. ET at the Lenovo Center, with live broadcast on ESPN. For odds, picks, and predictions, check here. DraftKings lists Carolina as a -258 home favorite, with a total of 5.5. Bettors have heavily favored the Hurricanes, with 82% of the moneyline handle and 80% of ticket sales going to Carolina. Our top recommendation is on the puckline. Best Bet: Flyers vs. Hurricanes -1.5 (+110) Carolina secured a dominant 3-0 victory in Game 1 on Saturday. Logan Stankoven opened the scoring just 91 seconds into the game and added another goal to lead the Canes. Stankoven leads the Hurricanes with six goals in the playoffs. Freddie Andersen (shown above) has delivered an outstanding performance in net for the Canes. After struggling during the regular season, Andersen has gone 5-0 in the postseason with a goals against average of 0.90. He has also recorded two shutouts. With both goaltenders performing strongly in the playoffs, we favor the UNDER 5.5 tonight. Carolina restricted Philadelphia to only 19 shots and four high-danger chances in Game 1. The Hurricanes remain unbeaten at home and overall throughout the playoffs. To find value, we are taking the Hurricanes -1.5 goals on the puckline at plus-money odds. Pick: Carolina -1.5 (+110) Parlay: Carolina -1.5/UNDER 5.5 (+330) Best Player Prop for Carolina Hurricanes Logan Stankoven OVER 2.5 Shots on Goal (-125) Stankoven is making a strong case for the Conn Smythe Trophy as playoff MVP. He became the first player in franchise history to score goals in five consecutive postseason games. Impressively, Stankoven has exceeded 2.5 shots on goal in all five playoff games: 6, 5, 4, 3, and 5. This trend is expected to continue tonight. He leads Carolina with 23 shots on goal in the playoffs. Best Player Prop for Philadelphia Flyers Dan Vladar OVER 25.5 Saves (-125) Dan Vladar stopped 20 of 23 shots in the opening game. In the previous round, he made 42 saves in the series-clinching win over the Penguins. Having had a week off, the Hurricanes posted their lowest shot total of the playoffs. They averaged 33.25 shots per game in the first round against the Senators. Shot volume should return to normal tonight, and Vladar has been excellent in the postseason. Over seven starts, Vladar boasts a 1.82 goals against average and a .928 save percentage. 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.

(AsiaGameHub) - Chinese police have repatriated a man suspected of running a $73 million illegal online sports betting platform. Investigators stated that the individual, surnamed Huang, launched the Wanhe Soccer website in September 2022, alongside a group of criminal accomplices. According to Chinese media outlet China.com, police believe the group targeted customers in Mainland China while basing their operations in Cambodia. Authorities think Huang operated the platform as a pyramid scheme, promising potential users “guaranteed profits” if they “recruited” new members. Detectives noted that many of the group’s mid-level members were recruited in Mainland China. The group is also reported to have targeted gamblers in Cambodia and other Southeast Asian countries. China: Repatriated Suspect Indicted Law enforcement successfully shut down the Wanhe Soccer platform in 2023, but Huang is alleged to have fled Cambodia shortly afterward. Thai police arrested Huang several months later. In February this year, a court issued an extradition order, with officers from the Tianjin Municipal Public Security Bureau and the Ministry of Public Security traveling to Thailand to repatriate him. The officers brought Huang back to Mainland China on April 29, where Tianjin prosecutors indicted him ahead of a court hearing. The bureau released two images of Huang—handcuffed and wearing a face mask—as he was informed of the police charges. Police escort Huang (center) off a flight to face charges in his home country. (Image: Tianjin Municipal Public Security Bureau) $17.6M Fraud Case: Gambling-Addicted Lawyer Jailed Chinese courts are imposing increasingly strict penalties on citizens convicted of gambling and fraud-related crimes. As reported by the Chinese newspaper Jinan Daily, a court in Anhui Province has sentenced a lawyer to life imprisonment after discovering he stole $17.6 million from his corporate clients. Prosecutors told the Bengbu Intermediate People’s Court that the lawyer, surnamed Zhou, claimed he could acquire bank non-performing asset packages at low prices through “special channels.” Zhou promised to help his clients “purchase or co-invest in these assets” and guaranteed them “lucrative returns.” He forged numerous official-looking documents and contracts to trick his clients into believing the asset purchases were real. Many of these contracts featured stamps that closely resembled the official seals of Chinese courts and other state organs. Detectives later confirmed all these documents were fake. In fact, the court heard Zhou had accumulated massive gambling debts and embezzled his clients’ money to pay them off. Police across Mainland China and Hong Kong are also cracking down on video gaming arcades that allow patrons to wager real money during private, behind-closed-doors sessions. 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.

(AsiaGameHub) - Police report that numerous South Korean gambling experience pubs are allowing patrons to place real-money bets on poker and other casino games, just before a new crackdown targeting the so-called “Texas Hold ’em pubs.” Law enforcement officials nationwide will increase their oversight of pubs that provide casino-style experiences in exchange for a cover fee. For four consecutive years, police have launched similar initiatives, driven by complaints that these pubs enable some customers to gamble using cash. Between 2023 and 2025, police carried out three “intensive” crackdowns, resulting in the arrest of 6,285 individuals on charges related to running unlicensed gambling venues or engaging in illegal betting. During the same timeframe, detectives seized approximately 24 billion won (equivalent to $16.3 million) in suspected gambling proceeds, according to South Korean news outlet Newsis. Authorities state they will closely monitor these pubs from May through August, noting that illegal operators are employing “growing secrecy” to hide their unlawful activities. Per South Korean law, only one casino—the state-run High1 in Gangwon Province—is allowed to welcome domestic passport holders. Nevertheless, this has not curbed the growth of illegal gambling, as officials put the size of the underground industry at $65 billion. Illegal gambling operations at a so-called “Texas Hold ’em pub” in South Korea. (Image: Busan Metropolitan Police Agency) South Korean Gambling Experience Pubs: ‘Intense’ Enforcement Campaign The National Police Agency noted that its newest crackdown is a reaction to criminals’ growing use of “advanced and secretive operational tactics.” The agency highlighted an increase in “highly secure social media platforms” like Telegram. Police report that some illegal operators utilize encrypted messaging applications to organize private real-money betting events. According to police, many operators are cautious of law enforcement oversight and implement strict “membership and reservation systems.” Some use CCTV networks and hire security personnel to ensure only trusted patrons access their locations outside regular business hours. Police state that many operators covertly swap the gaming chips used at their venues for cash. Additionally, some earn commissions for referring customers to real-money gambling spots. Police have discovered that numerous venues host illegal Texas Hold ’em tournaments requiring entry fees from participants. Officers added that many of these tournaments “award substantial cash prizes to winners.” Appeal for Whistleblowers In certain instances, groups of operators may face organized crime charges if prosecutors can demonstrate that the group “systematically assigned” roles to its members. Legislators have supported police efforts through new laws. In 2024, members of parliament passed an amendment to the Tourism Promotion Act. This new provision permits the penalization of “quasi-casino operations” at Texas Hold ’em pubs. Police have informed potential whistleblowers that they could receive a reward of up to $34,000 for information that results in an arrest. The agency also noted that illegal gamblers who surrender themselves during this period will qualify for “discretionary leniency.” Police stated that officers will avoid “random crackdowns on businesses that comply with legal regulations.” According to data from the Ministry of Food and Drug Safety, South Korea had 1,200 Texas Hold ’em pubs across the country in 2023. Despite their name, numerous South Korean Texas Hold ’em pubs provide a broad range of casino-style games beyond poker, such as roulette, blackjack, craps, and baccarat. 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.

(AsiaGameHub) - Thai authorities report dismantling a money laundering operation that served a well-known online gambling network. In an official statement, the Thai Department of Special Investigation (DSI) announced the freezing and seizure of funds from multiple bank accounts amounting to more than 500 million baht, equivalent to $15.3 million. Law enforcement stated they conducted a raid on a factory location in Chom Thong District, Bangkok, on the afternoon of April 27. There, they apprehended a man identified as Chaiyuth (surname withheld) based on a warrant from March. The Wat Raja Orasaram monastery in Chom Thong District, Bangkok. (Image: Hdamm/Heinrich Damm [CC BY 2.0]) Police confirmed the suspect faces three distinct charges related to money laundering. Authorities further stated that Chaiyuth has been detained pending a hearing at a criminal court in the Thai capital. Investigators allege Chaiyuth created a series of shell accounts, which he used to process illicit funds originating from several online casinos. According to police, all these casinos are run by the same online gambling syndicate. The case is still ongoing as officers pursue their probe into the broader criminal group. Thai Police Pursue Gambling Den Operators This arrest coincided with a government announcement about extending a major crackdown targeting illegal gambling dens, transnational crime syndicates, and forgers of immigration papers. As reported by Thai outlet The Better, Prime Minister Anutin Charnvirakul addressed the media on April 30 alongside cabinet members and security agency representatives. The Prime Minister explained that the initiative, dubbed Operation Dragon’s Scales, has already led to the shutdown of a large network of illegal gambling dens in Nakhon Ratchasima province and Bangkok. Officials verified that police executed raids at numerous locations in both areas. The crackdown in Nakhon Ratchasima led to the arrest of 89 people and the confiscation of millions of dollars from the alleged den operators. Police estimate the provincial dens generated roughly 60 million baht (over $1.8 million) monthly. Simultaneously, raids on two Bangkok gambling dens resulted in 100 arrests. Police indicated both venues also earned "tens of millions of baht" each month. Officials stated that police will now broaden the investigation across the country. As part of the same operation, more than 900 police units will work to locate and close many additional illegal betting dens, the officials added. Thailand's social media landscape was recently shaken when “Beer” Anusorn Pothong, an influencer with more than 7.2 million TikTok followers, ended a long hiatus to reveal his addiction to online gambling. Pothong stated that addiction to online casinos had destroyed his personal life and derailed his business ambitions. The influencer confessed to accumulating gambling debts totaling $621,000. 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.

(AsiaGameHub) - Take a trip back in time by revisiting the four most significant upsets in Kentucky Derby history as we look ahead to tomorrow’s “Run for the Roses” at Churchill Downs in Louisville. A quick note: Our picks are focused on racing’s modern era, so you can view each race right here on YouTube. For reference, Donerail remains the largest upset winner—this 91-1 longshot took first place in 1913. 1913 — Donerail upsets the Kentucky Derby field with 91-1 odds. He still stands as our biggest long-shot victory, paying $184.90 on just a $2 win bet.#tbt pic.twitter.com/RpnNTn6Yur— Kentucky Derby (@KentuckyDerby) January 10, 2019 Most Notable Kentucky Derby Upsets We start our list with the most recent major upset in the Kentucky Derby. 2022 Rich Strike (80-1) This upset sent ripples of surprise throughout the horse racing world. Rich Strike was an also-eligible horse and wasn’t originally scheduled to compete. He got his spot only after Ethereal Road was pulled from the race the day prior, and owner Richard Dawson just made the entry deadline in time. Jockey Sonny Leon guided Rich Strike to a win over top contenders Epicenter and Zandon in the final stretch. A $2 win wager on Rich Strike resulted in a $163.60 payout. 2019 Country House (65-1) Country House was declared the winner of the 2019 Kentucky Derby after Maximum Security was disqualified due to interference. Stewards took over 20 minutes to make their ruling. This disqualification (DQ) marked the first Derby win for jockey Flavien Prat and Hall of Fame trainer Bill Mott. Maximum Security was demoted from first to 17th place, finishing behind Long Range Toddy. The teams behind Long Range Teddy and Country House both submitted interference claims. Country House’s upset victory paid out $132.40 for a win bet. 2009 Mine That Bird (50-1) Jockey Calvin Borel rode Mine That Bird from the back of the pack to first place in an impressive showing for owner Bennie Woolley Jr., who was competing in the Kentucky Derby for the first time. Mine That Bird was the sole gelding in the 19-horse field. The unexpected Derby champion later finished second in the Preakness Stakes and third in the Belmont Stakes— the other two races that make up the Triple Crown. A $2 win bet on Mine That Bird yielded $103.20. Back then, this was the highest payout since Donerail’s win in 1913. 2005 Giacomo (50-1) Giacomo was owned and raised by legendary record producer Jerry Moss. Named for singer Sting’s son, Giacomo pulled off a huge upset against the 20-horse field. Jockey “Money Mike” Smith rode Giacomo to victory, earning trainer John Shirreffs his first and only Kentucky Derby win. This was also Smith’s first Derby triumph, though he later won again with Triple Crown winner Justify in 2018. Since Closing Argument finished second with 71-1 odds, this “Run for the Roses” set an exacta payout record of $9,814.80 that still holds true today. Giacomo’s win resulted in a $102.60 payout for a win bet. 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.

(AsiaGameHub) - Evoke published its full-year 2025 financial results on Thursday. The gambling group notched a 2% rise in revenue, but impairment charges tied to tax increases in the UK led to heavy losses and higher debt levels ahead of the group’s potential sale. The company that owns betting brands William Hill and 888 generated total revenue of £1.78 billion ($2.42 billion). Net debt, however, climbed to £1.86 billion ($2.53 billion), up from the 2024 level of £1.79 billion. A total loss of £549.1 million ($747 million) drove the increase in overall debt. The losses are overwhelmingly caused by £440.3 million ($599 million) in non-cash impairment charges stemming from the UK’s tax hikes. The potential takeover of Evoke by Bally’s was not referenced at all during the company’s earnings call. Instead, CEO Per Widerström said the group remains “firmly focused on delivering profitable growth, cash generation and strengthening the balance sheet.” Tax Impact Has Not Yet Affected Revenue While the losses are primarily driven by expectations that tax increases will lower the company’s future value, CFO Sean Wilkins said the group has not yet experienced any impact from the tax hike. Wilkins stated he believes the company can withstand the negative impact of the tax hikes, which have lifted the levy on online casinos from 21% to 40%. “We expect to see market consolidation, and we think that smaller late-tier players will get hit disproportionately hard by the rollout of the new tax, and that will allow us to grow our market share,” Wilkins said. The release of Evoke’s results was delayed amid ongoing speculation about the group’s sale, and Widerström admitted that “the significant UK duty increases announced in November represented a fundamental shift in the economics of our largest market and will have a substantial impact across the regulated industry.” Black Market Already Benefiting From Changes, Evoke Claims While Evoke argues the tax increase could benefit the company relative to smaller operators, it also confirmed it is already seeing growing black-market penetration in its core market. Online revenue in the UK and Ireland fell 3%, pulled down by a 12% drop in betting revenue. Evoke blamed the decline in betting revenue on horse racing bettors shifting to unregulated black market sites. Taxes on horse racing betting have not been increased. Even so, Widerström warned that broader tax increases will push more users to unregulated platforms. “The UK’s tax changes will drive more consumers towards illegal and untaxed operators that provide none of the customer protections of the regulated sector,” he stated. “We will continue to engage constructively with policymakers and regulators, but we strongly believe there must now be far greater urgency from the UK Government and the industry regulator in addressing the growth of the black market.” The UK is taking steps to crack down on illegal gambling and has announced it will ban sports teams from partnering with unlicensed operators. Currently, several English Premier League (EPL) teams are sponsored by companies that are restricted in the UK, such as Stake, which sponsors Everton FC. Company Faces Legal Action From Dissatisfied Users While Evoke claims the black market does not offer consumers the same protections as its regulated platform, the company is being sued by users angry over how it handled a glitch on its online casino platforms. Thousands of users were allegedly credited with large jackpot wins before being notified that those wins were invalid. In Alberta, where 888 operates under an offshore license, one user believed he had won more than CA $1 million. In addition to the disappointment of not receiving the funds, he said 888 staff lied to and misled him. He has vowed to pursue legal action and is joining a group claim brought against the company by law firm Ellis and Jones . Internationally, Evoke grew revenue by 9%, driven largely by strong expansion in Italy and Denmark. Widerström said the performance shows early signs that Evoke can diversify its business and cut its reliance on the UK market. 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.

(AsiaGameHub) - The Dutch betting and gaming association VNLOK has named former parliamentarian Rosemarijn Dral as its new Director. Dral’s background in politics is expected to be an asset for VNLOK as the online gaming industry in the Netherlands faces renewed pressure from lawmakers. Serving as an MP from July 2024 to November 2025, Dral is a member of the centre-right People’s Party for Freedom and Democracy (VVD) and previously acted as the party’s spokesperson for gambling and other legal matters. Her expertise is particularly relevant to VNLOK, given that the VVD is a partner in the Dutch coalition government formed following the October 2025 elections, alongside the centrist Democratic 66 (D66) and the centre-right Christian Democratic Alliance (CDA). Rosemarijn Dral, Director of VNLOK – Source: VNLOK “The regulation of online gambling involves critical societal issues, including consumer protection and regulatory enforcement,” Dral noted. “I view it as my objective to collaborate with our members, the government, and regulators to develop policies that genuinely foster safe and responsible gaming in practice.” “VNLOK is committed to transparency, maintaining open dialogue, and providing factual contributions to political decision-making and policy implementation.” VNLOK appointment arrives during a challenging period Dral takes on her role at VNLOK during a tense time for the Dutch gambling sector, following a 2024 tax agreement that increased the gross gambling revenue (GGR) tax rate from 30.5% to 34.2% on 1 January 2025, with a further rise to 37.8% scheduled for 1 January 2026. These tax hikes have prompted operators such as LiveScore Bet and Flutter Entertainment’s Tombola to exit the Dutch market. Beyond the mounting financial pressures, the regulated sector reports that it is struggling against a significant black market. Furthermore, the regulator, the Kansspelautoriteit (KSA), has noted a decline in regulated betting revenues. Bookmakers are also under scrutiny regarding their marketing practices. Strict regulations implemented in 2024 include prohibitions on sports sponsorships and the use of ‘role models,’ such as professional footballers, in advertising. Opposition parties—the ChristenUnie (CU) and the Socialist Party (SP)—are currently advocating for a total advertising ban and a proposal to increase KSA enforcement fines from 10% of an operator's annual revenue to 100%. Advocating for the industry’s interests to the government on these matters, particularly concerning the illegal market, will be a primary focus for VNLOK and Dral throughout 2026. Dral’s appointment follows the merger of VNLOK with the Netherlands Online Gaming Association (NOGA) in June of last year. Björn Fuchs, Chairman of VNLOK, stated: “Rosemarijn Dral possesses a strong focus on social responsibility, paired with extensive experience in political and administrative spheres.” “With this, she strengthens VNLOK within a rapidly changing market where collaboration is vital to ensure consumer protection and effectively combat illegal operations. By bringing Rosemarijn on board, we are taking a significant step toward the further professionalization and visibility of VNLOK.” 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.

(AsiaGameHub) - Rapper Nelly has reached an agreement to pay a $750 fine so that assault charges from a Missouri casino incident last year can be dismissed. A security guard at the Ameristar Casino in St. Louis alleged that Nelly pushed him after being asked for his player’s card. Nelly was hit with a misdemeanor assault charge in September 2025, though the artist denied the claims. Instead, he will pay the $750 fine for a misdemeanor littering charge involving trash he discarded at the casino. Incident Recorded on CCTV A spokesperson for Nelly, whose real name is Cornell Iral Haynes Jr., said the rapper was “stunned to receive a summons” regarding the event, claiming an “overzealous guard blocked his path and invaded his space.” “Nelly guided him aside with minimal contact and no harm,” the singer’s rep stated. “Management later apologized and welcomed Nelly back [to the casino].” Footage released by TMZ shows Nelly trying to enter a casino area only to be stopped by a guard. The rapper seems to push the guard slightly before moving through the barriers. EXCLUSIVE: Rapper Nelly is no longer facing an assault charge over a tiff with a Missouri casino security guard … TMZ has learned. pic.twitter.com/yW3XMKLeHT— TMZ (@TMZ) April 30, 2026 Nelly a Target for ‘Overzealous’ Casino Authorities Nelly was previously arrested at the Hollywood Casino and Hotel in St. Louis in 2024. His lawyer, Scott Rosenblum, similarly called the arrest the result of a clash with an “overzealous” officer. Rosenblum noted that Nelly had won several jackpots while gambling. When he went to collect the money, the officer supervising the payout “needlessly” checked for outstanding warrants. Nelly had been found driving without proper insurance, leading a judge to issue a warrant in December 2023. Once the warrant was found, the officer handcuffed Nelly and “felt compelled” to “parade him through the casino in front of other customers”, Rosenblum stated. The officer also claimed to have discovered four ecstasy pills while searching the rapper, though those charges were also dropped later. “We don’t believe the facts in this case warrant the issuing of charges,” a spokesperson said in a statement to the LA Times. Missouri Gambling Under Scrutiny Nelly is reportedly a frequent patron of Missouri casinos. Gambling in the state is currently under scrutiny, with an Indian national admitting to operating six illegal gambling arcades. Like Nelly, Rahulkumar D. Patel accepted a plea bargain. Patel pleaded guilty to conspiracy to commit wire fraud, conspiracy to run an illegal gambling business, and conspiracy to commit money laundering. The illegal operation made over $7.5 million in proceeds from slot machines at arcades mostly located in Springfield. Patel faces much harsher penalties than Nelly, as the charges carry maximum prison terms of 20, five, and 20 years, respectively. 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.

(AsiaGameHub) - MGM China recorded net revenues of HK $8.8 billion (around $1.15 billion) in the first quarter of this year, representing a 10% increase compared to the same period last year. Over the same timeframe, VIP spending declined, according to Macau Shimbun—a Japanese-language newspaper based in Macao. The group’s VIP hold rate dropped by one percentage point to 2.5%. In the casino sector, hold rates denote the percentage of wins from high-spending VIP patrons. Additionally, the group’s broader VIP market decreased by 5.2% during the same period. MGM China is among just six entities that have received casino management concessions from the Macao government. The company runs two integrated resorts in Macao—one located on the Macao Peninsula and the other in the Cotai District. An integrated casino-resort of MGM Cotai in Macao. (Image: Sunnysunnyasd [CC BY-SA 4.0]) MGM’s Mass Gaming Revenues Reach New High Average daily casino revenue increased by 13%, while mass gaming revenues (including slot machines) jumped by 19%—setting a new all-time high. Hotel occupancy rates edged up slightly to 93.9%, and the firm stated that its financial position remains “stable.” As of March 31, 2026, the company had total liquidity of HK $25 billion (approximately $3.3 billion). Macao’s casinos may face impacts from mixed developments in the tourism industry. According to TDM, a Macao-based media outlet, data from the Statistics and Census Service for Q1 shows that the number of Mainland Chinese tour groups visiting Macao fell by 20% year-over-year to 385,000. Conversely, the number of international tour groups rose by more than 16% to 65,000. Average hotel room occupancy rates climbed by 2% to 92%, and the number of Mainland Chinese guests remained consistent. However, the number of international guests surged—with a 60% rise from Thailand and a 51% increase from India. Golden Week Set to Provide a Boost Tourism experts indicated that a short-term uptick is on the horizon. In a separate report, the same media outlet noted that the Macao Tourism Bureau anticipates 800,000 tourists to visit during the May Golden Week. In China, May 1 is Labor Day, and this year it is part of a five-day holiday running until May 5. This aligns with Japan’s Golden Week public holidays, which extend until May 6 this year. Maria Helena de Senna Fernandes, Director of the Macao Tourism Bureau, stated that the bureau expects approximately 160,000 visitors per day during Golden Week. She forecasted that a total of 800,000 visitors will come during the full holiday period. Last week, hotel occupancy rates exceeded 80%, she noted, and the bureau expects these rates to hit 90% in early May. The interior of an MGM China resort in Macao. (Image: Jerry Lai [CC BY-SA 2.0]) Gambling-Related Crime Concerns In February, Macao’s casinos recorded a 4.5% revenue increase, surpassing analysts’ forecasts by 3.5% and pushing gross gaming revenues over the $2.5 billion threshold. Nevertheless, police in the Chinese special administrative region have raised concerns about an increase in gambling-related offenses. In March, police detained a Mainland Chinese man at a border checkpoint, accusing him of pretending to be a gambling expert who offered to teach his skills to a female client. When the pair met in Macao, the self-proclaimed guru asked the woman for a loan, which he then lost in two casino visits before trying to leave via the border. De Senna Fernandes mentioned that police have intensified their surveillance of the sector ahead of Golden Week. During the holiday, she added, officers have expanded the frequency and scope of patrols at border crossings and key tourist spots. As of Sunday, April 26, 2026, Macao police have carried out 523 inspections at border crossings and tourist attractions. Officers reported arresting at least three individuals suspected of being illegal tour guides. De Senna Fernandes also noted that police have launched more than 100 interdepartmental investigations as part of a crackdown on unlicensed hotels. 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.