Viral Claim Ties Epstein to 2008 Powerball Jackpot iGame

Viral Claim Ties Epstein to 2008 Powerball Jackpot

(AsiaGameHub) - In July of last year, a former Atlantic City Trump Plaza Hotel and Casino manager stated he had witnessed President Donald Trump and Jeffrey Epstein together at the casino property, accompanied by underage girls. Epstein's ties to the gambling industry seemingly extended even deeper. The troubling Epstein Files uncovered an email from an investigative journalist to withdrawn recipients, which provided information on how the controversial financier and convicted sex offender allegedly won a Powerball jackpot. Currently, a contentious post on X, which has amassed millions of views, claims that on July 2, 2008, Epstein won an $85 million Powerball jackpot. Controversy Over the Zorro Trust Name The winning Powerball numbers for that drawing were 4, 33, 46, 48, 52, with 17 as the red Powerball, with an $85 million jackpot. The ticket was purchased in Oklahoma and featured a one-time cash option of $41.3 million. The assertion from the X account that revived the lottery win speculation about the controversial, deceased criminal was examined by Grok, the artificial intelligence assistant developed by xAI, to assess the claims. Grok ultimately verified that the Zorro Trust had collected the $85 million jackpot as a lump-sum payment of approximately $29.3 million after taxes from the July 2, 2008 drawing, for a ticket bought in Altus, Oklahoma. According to Grok, the trust's name corresponds to Epstein's trust associated with his Zorro Ranch in New Mexico. Grok added that based on the Epstein files released by the Department of Justice, the "Zorro Trust (belonging to Epstein)" had won the jackpot. The AI assistant also confirmed that lottery officials at that time adhered to standard protocol, permitting anonymity via trust formation. Additionally, the social media platform's AI assistant noted that no fraud was substantiated. "The Name Was Simply a Coincidence" Brice Gordon, Epstein's ranch manager, was reportedly the trustee of the trust and the individual who signed the documents required to claim the prize, though this assertion has not been officially verified. More controversially, when the AI assistant was asked a separate question about how many times Epstein had won the lottery, it provided a contradictory response, stating that Epstein had never won the lottery. Although the 2008 Oklahoma Powerball jackpot was claimed by a Zorro Trust to maintain anonymity, local news reports from that period indicated the winner was a grocery store worker from Altus. The winner had apparently given her trust the same name as Epstein's Zorro entity for his New Mexico ranch. "The identical name was purely coincidental. References in recent files are unverified notes, not evidence. There are no recorded wins." Epstein's Zorro Ranch in Stanley was situated over 400 miles from Altus. New Mexico has participated in Powerball since 1996. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Secret Spending and Trading Card Mania Burden Couples’ Finances iGame

Secret Spending and Trading Card Mania Burden Couples’ Finances

(AsiaGameHub) - Infidelity in a relationship is typically a straightforward concept. But infidelity can manifest in other ways, and one key form revolves around financial matters. This is what’s now referred to as financial infidelity—a major source of relationship strain that’s growing increasingly prevalent. Dishonesty About Money Though less dramatic than traditional infidelity, financial infidelity shows up in similar ways: hiding expenses, keeping separate bank accounts secret, and minimizing debts. Over time, these behaviors can escalate into larger problems. A study by the National Endowment for Financial Education finds that a significant number of partnered adults have lied about money at some point. Even more report that financial secrecy has affected their relationship—particularly trust, which is far harder to restore than a depleted bank account. It’s Easier to Spend and Invest A key driver of financial infidelity is how easy it now is to spend or invest money without others finding out—thanks to mobile apps, online marketplaces, and digital wallets. For some, this leads to habits that look like risky behavior, especially when funds are tied to speculation. One area gaining increasing attention is the expanding trading card market—a once-nostalgic childhood hobby that’s now a thriving industry. Enthusiasts keep collecting rare cards that fetch high prices, fueling tales of big profits and adding allure through a blend of nostalgia and the dream of quick cash. But the very aspects that make trading cards exciting also make them unstable—prices hinge on trends, popularity, or the fame of the athletes featured on the cards. Experts note that this kind of market can act like gambling—with uncertain outcomes and a powerful urge to keep spending. Financial secrecy often takes root in such environments. Someone might start with small buys and slowly ramp up spending, especially if they think a big payout is imminent. Rather than discussing worries, they might hide losses or put off tough talks. Outside Help May Be Needed Couples who openly and honestly discuss income, debt, and goals tend to be better prepared to handle various challenges. Setting a joint budget and agreeing on limits for non-essential spending is a great way to sharply reduce conflict risk. For more serious issues involving significant sums, outside help from financial advisors and counselors can have a major impact. Ultimately, financial stability isn’t just about how much money comes in or goes out—it’s also about transparency, communication, and making decisions together. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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NagaCorp Reports $309.9 Million Profit for 2025 in Cambodia

(AsiaGameHub) - NagaCorp saw a significant increase in its 2025 earnings, driven by improved revenue and EBITDA across various sectors at its NagaWorld complex in Phnom Penh. The growth was fueled by robust mass-market results, increased VIP engagement, and the introduction of gaming products with better margins. Good to Know NagaCorp's net earnings for 2025 totaled $309.9 million. Total revenue for the group increased by 26.2% to approximately $709.7 million. The introduction of side bets and an improved win rate contributed roughly $39 million in additional income. NagaWorld Boosts NagaCorp’s Financial Performance The company reported that its annual net profit climbed to $309.9 million, a substantial rise from the $109.6 million recorded the previous year. The 2024 figures had been impacted by a $89.1 million non-cash impairment charge related to a resort development in Vladivostok, Russia. For 2025, revenue reached nearly $709.7 million, representing a 26.2% increase, while EBITDA surged to $404.4 million from $202.8 million in 2024. This led to an EBITDA margin of 57.0% and a net profit margin of 43.7%. Management attributed these improvements to increased business volumes and a strategic emphasis on the mass market. They also highlighted the success of high-margin offerings like side bet games, which enhanced the gaming experience and boosted overall profitability.Gross gaming revenue (GGR) at NagaWorld grew by 27.4% year-on-year to $691.6 million. Revenue from mass-market tables rose 27.2% to $342.4 million, while electronic gaming machines in the mass segment saw a 13.5% increase to $142.6 million. The company noted that mass-market success was supported by a 12.6% rise in business volume and a win rate of 22.9%. The implementation of side bet games helped elevate win rates throughout the year, contributing an estimated $39 million in extra revenue. The premium mass segment also played a key role, with high-spending visitors frequenting high-limit zones, improving table yields and shifting the customer demographic. Premium mass revenue now represents 38.5% of the total mass-market table GGR, up from 33.9% in the prior year. The VIP sector showed growth as well. Revenue from house-managed "premium VIP" services increased by 32.1% to $136.2 million, with rolling volume jumping 51.6% to $5.50 billion. This recovery was linked to an influx of high-value business travelers to Cambodia and increased spending by top-tier VIP clients.Referral VIP revenue climbed 57.2% to $70.4 million, supported by a 17.2% increase in rolling volume to $2.32 billion. NagaCorp announced an interim dividend of $0.0109 per share, totaling $48.3 million, scheduled for payment on August 7. This represents a 30% payout ratio based on earnings from the latter half of 2025. Management stated the dividend underscores their commitment to growth and shareholder returns. Despite the termination of a funding agreement for the Naga 3 expansion in December, the company remains committed to the project. Previous updates suggested that the project's scope and budget might be adjusted. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Taiwan Shuts Down Cross‑Border Gambling Ring Tied to $1.03 Billion

(AsiaGameHub) - Taiwanese law enforcement officials announced they dismantled a cross-border money laundering operation connected to illicit online gambling. The authorities estimate that the criminal organization transferred approximately TWD33 billion, equivalent to roughly US$1.03 billion, via transactions at Macau casinos. Good to Know Taiwanese officials stated the case encompassed approximately TWD33 billion in alleged illegal funds. Law enforcement reported that the scheme utilized 85 credit cards and culminated in 20 apprehensions. Investigators characterized the case as unprecedented for Taiwanese police. Taiwan Connects Macau Casino Chip Acquisitions to Online Gambling Proceeds The investigation commenced in the latter half of 2025, when Taiwan's Criminal Investigation Bureau tracked questionable money movements from numerous bank accounts associated with online gambling and fraudulent activities. The bureau indicated that funds were transferred into accounts controlled by certain individuals and subsequently applied to credit card balances. Investigators revealed that the organization enlisted third-party intermediaries in Taiwan to function as card-processing operatives. Surplus payments were purportedly placed into these accounts, thereby increasing their credit ceilings. Subsequently, the agents allegedly employed the cards to purchase substantial quantities of casino chips at Macau gaming establishments, redeem the chips for cash, and exchange the money into Hong Kong currency. Officials noted that the arrangement additionally enabled participants to take advantage of international credit card expenditure rewards. Essentially, the network stands accused of employing casino chip acquisitions as a mechanism for transferring and laundering gambling profits across national boundaries. Authorities reported that the alleged sum laundered abroad totaled approximately TWD33 billion. According to local media accounts referencing a police briefing on Monday, the operation involved 85 credit cards and led to the detention of 20 individuals, among them two alleged masterminds.The bureau declined to specify the duration of the purported scheme's operation. Nevertheless, investigators deemed it the inaugural case of this nature discovered by Taiwanese authorities. Items confiscated during the operation comprised approximately TWD230.95 million held in bank accounts, roughly TWD2.62 million in physical currency, along with currency-counting devices, cellular telephones, and credit cards. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Pagcor Greenlights GLI for iGaming Testing in Philippines

(AsiaGameHub) - Pagcor has designated Gaming Laboratories International LLC as the first independent testing laboratory for iGaming in the Philippines. This approval comes as the regulator intensifies oversight of the rapidly growing online gaming market. Good to Know GLI is the first company to gain accreditation under Pagcor’s new system. B2B iGaming suppliers in the Philippines are now required to hold accreditation. GLI will employ its GLI-19 standard to test platform fairness, security, and integrity. GLI Earns First Accreditation Under Pagcor’s New Rules GLI stated that this accreditation allows it to test and certify iGaming platforms in the Philippines. Under the new framework, all B2B suppliers must meet stricter regulatory and technical standards. The company noted it will apply “GLI-19: Standards for Interactive Gaming Systems” when evaluating submissions. According to GLI, this standard is already utilized in multiple jurisdictions. Pagcor Chairman and Chief Executive Alejandro Tengco said regulated gaming markets “ensure a safer and more sustainable gaming industry for all to participate in”. He further added: “Pagcor now requires all iGaming B2B suppliers operating in the Philippines to be accredited to ensure they comply to the rigorous requirements needed to protect iGaming players.” GLI President and CEO James Maida expressed thanks to Pagcor “for the trust” it continues to place in GLI. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Alumni channel $35 million for 5c(c)

(AsiaGameHub) - Alumni of the prediction market platform Kalshi are securing as much as $35 million for a new venture fund dedicated to startups in the prediction market space. This initiative serves as a further indicator that investor attention is shifting from trading platforms themselves to the underlying infrastructure that powers event-driven markets. Good to Know 5c(c) Capital intends to back approximately 20 startups within the coming two years. The fund's focus is on firms involved in market making, index creation, and tools for prediction markets. Initial supporters already feature prominent figures connected to Kalshi, Polymarket, and leading crypto and fintech investment networks. New Fund Targets the Plumbing Behind Prediction Markets A new investment vehicle named 5c(c) Capital is forming to target one of online trading's most rapidly expanding areas. According to regulatory documents and sources close to the fundraising, the effort is spearheaded by two early Kalshi employees and aims to gather up to $35 million. Rather than investing directly in consumer prediction platforms, the fund is targeting the foundational layer below them. This encompasses market makers, pricing mechanisms, index offerings, liquidity solutions, and essential infrastructure for event-based trading. Put simply, 5c(c) Capital is evaluating the components that enable prediction markets to operate more efficiently, price more swiftly, and expand more seamlessly. This focus is significant as the sector has expanded far beyond a niche. Both the regulated platform Kalshi and the on-chain platform Polymarket have reported consistent monthly trading volumes in the tens of billions, attracting increased interest from traders, developers, and institutional investors. Consequently, venture funding is now flowing not just to the marketplaces but also to the supporting software, data services, and trading frameworks.As reported by ChainCatcher, Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan are among the initial investors committed to the fund. Backers associated with Andreessen Horowitz, Ribbit Capital, and Multicoin Capital are also participating. This combined support is notable for a market frequently divided between regulated and crypto-native segments. Publicly, relations between the sector's leading companies have sometimes appeared contentious. Coplan has previously referred to Kalshi as "a Polymarket copycat" in interviews, as the two vie for liquidity, market listings, and regulatory positioning. Despite this, capital from both sides is now aligning behind a common broader belief: for the prediction market category to continue its growth, it requires improved infrastructure. An individual involved in the fundraising, who spoke anonymously, succinctly captured this rationale. "What we’re seeing now is investors underwriting the rails and tools that make these markets possible, not just the flagship venues," the person said. For entrepreneurs developing prediction markets, event contracts, index products, trading APIs, liquidity systems, or market-making technology, this represents a crucial signal. Investor attention is no longer concentrated solely on the most prominent consumer brands. Investment is also beginning to move into the sector's foundational "picks-and-shovels" layer, where the quality of infrastructure, tools, and execution can determine the ultimate winners. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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IGT Announces Reduction of Approximately 700 Global Positions

(AsiaGameHub) - IGT is eliminating approximately 700 positions across its global operations, as per an internal memo distributed Monday by chief executive Hector Fernandez. This reduction comes after a review of operations following the merger of IGT's gaming and digital business with Everi Holdings Inc. Good to Know IGT is downsizing its global workforce by around 700 employees. A report indicated the layoffs impact roughly 10% of the total staff. Hector Fernandez stated the company aims to streamline its structure and reduce redundancy. IGT Implements Job Cuts as Post-Merger Review Restructures Business A new phase of restructuring is taking place at International Game Technology Plc. In a staff memo, Hector Fernandez announced that IGT will reduce its global workforce by approximately 700 employees as management seeks to align resources with current business priorities. The layoffs were first reported by the Las Vegas Review-Journal, which noted the job cuts would impact roughly 10% of the total staff. Fernandez, who assumed the CEO role in December, informed employees that this step was necessary to streamline operations and position the group for future growth.This decision follows a significant corporate transformation. The current IGT was formed by merging IGT Plc's gaming and digital business with fintech firm Everi Holdings Inc in a $6.3 billion deal involving funds associated with Apollo Global Management Inc. The transaction was finalized in July of last year. Fernandez mentioned that leadership spent the past few months evaluating the business and making what he called strengthening decisions. “We looked into our areas of focus, our operational methods, and how our structure supports our strategy,” Mr. Fernandez stated. From this review, job cuts emerged. “As part of this evaluation, we also had to make tough decisions regarding our organizational structure, and this process has led to a difficult yet necessary step,” he added. He also noted that a significant portion of the challenging work is already finished. In his words, “much of the foundational work required to build a stronger, more competitive organization” has now been completed.Management is presenting the layoffs as part of a broader efficiency initiative rather than a one-time cost-cutting measure. “The changes we are announcing today are part of our effort to simplify our structure, reduce redundancy, and enable us to operate with greater clarity and speed,” he noted. Employees affected by the layoffs will receive support packages, as per the memo. “For those departing IGT as a result of this action, we are committed to providing severance pay, outplacement assistance, and transition resources,” the CEO stated. Fernandez also sought to direct attention to the company's future and the remaining workforce. He added: “What is important now is how we progress together: supporting one another, focusing on our priorities, and continuing the work that will shape the next chapter of our company.” He concluded with a message directed at customers and execution. The streamlined IGT, he said, “will continue to drive innovation, execute our strategic priorities, and deliver the high-quality service our customers anticipate,” Mr. Fernandez concluded. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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UK Gambling Levy Rollout Raises Sector Concerns iGame

UK Gambling Levy Rollout Raises Sector Concerns

(AsiaGameHub) - The introduction of a new statutory levy intended to finance gambling harm services throughout the UK has generated apprehension among charities and support organizations, as the initial funding allocations leave many facing an uncertain future. UK Gambling Harm Fund Faces Backlash Over Transition Timing This system, projected to generate between GBP 90 million ($120.8 million) and GBP 100 million ($134.2 million), is designed to offer sustained support for harm prevention, addiction treatment, and research. The government directs the distribution of these funds, with prevention services in England being overseen by the Office for Health Improvement and Disparities (OHID). However, the recent disclosure of initial funding outcomes has brought tensions within the sector to the forefront. Organizations that applied for transitional support were notified of decisions less than two weeks before the commencement of the new funding period, leaving insufficient time for planning. The Gambling Lived Experience Network (GLEN), which represents individuals and groups impacted by gambling harm, cautioned that the short notice period jeopardizes the stability of crucial services. The group suggested that rather than ensuring continuity, the process might lead to some organizations losing funding without a clear understanding of the consequences for those they assist. GLEN stated that the current situation has compelled some providers to make difficult decisions regarding whether to continue operations or cease entirely. The organization indicated that without the maintenance of current service levels, the transition could create voids in support for vulnerable individuals who depend on specialized assistance. UK Gambling Levy Structure Faces Questions Over Clarity The design of the levy has also faced scrutiny. Funding is divided among research, prevention, and treatment, with half allocated to treatment services. NHS England, which is currently undergoing substantial internal reorganization, is responsible for these services. Stakeholders have highlighted a lack of clarity and communication regarding the handling of treatment-related decisions. While GLEN acknowledged that OHID has made efforts to engage with the sector despite having limited prior experience with gambling harms, it expressed frustration over what it perceives as inadequate overall consultation. The group contrasted this with what it described as minimal engagement from other government bodies involved in the transition. Another significant concern revolves around whether the new framework accurately reflects real-world needs. Critics contend that funding decisions appear to have been made without a comprehensive evaluation of existing services and demand, increasing the likelihood that effective programs could be discontinued. The move to a government-controlled model also signifies a gradual transition away from established charity-led structures, including the work previously coordinated by organizations like GambleAware. Voices from within the sector have emphasized the importance of maintaining stability during this transition to prevent disruptions in care. Despite the criticisms, there are indications of cautious optimism. Officials have outlined plans to adopt a "test and learn" methodology, aiming to refine the system over time and enhance evidence-based decision-making. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Stake Leads Livestream Gambling Visibility By a Large Margin

(AsiaGameHub) - According to fresh data from StreamHatchet, Stake was significantly ahead of all other operators in gambling-focused stream titles at the beginning of 2026. The report highlights a substantial divide between Stake and the competition, while also indicating that prediction market brands are gaining notable momentum across Twitch and Kick. Good to Know In January 2026, Stake was mentioned in 6,600 stream titles on Twitch and Kick, accounting for 60% of all iGaming brand references. Kick hosted the top ten iGaming livestreamers, who collectively amassed 88.4 million hours watched in January. Polymarket and Kalshi led the prediction market category, with 12,000 and 11,700 mentions respectively. Stake Builds A Clear Lead In Gambling Stream Titles The standout figure is impossible to overlook. StreamHatchet identified Stake being mentioned in 6,600 stream titles across Twitch and Kick in January 2026. This accounted for 60% of all tracked iGaming mentions in the report, placing the brand far ahead of every direct competitor in terms of gambling streaming visibility. The rest of the ranking was not even close. 1xBet came next with 1,800 mentions, followed by Betano (837), Winamax (653), FanDuel (597), PokerStars (270), and bet365 (214). Put simply, Stake did not merely top the list—it occupied a distinct tier. A major factor seems to be the close connection between Stake and Kick. Kick is owned by Stake’s parent company, and StreamHatchet content manager Mark Rowland noted that Stake provides many Kick streamers with a bankroll to use during on-air gambling sessions. This arrangement helps clarify why the operator’s name features so frequently in stream titles, particularly when sponsorships and branded credits are part of the agreement.Kick Sits At The Center Of Gambling Livestreaming Twitch still commands a larger portion of the overall livestreaming market, but gambling content has found a more welcoming environment on Kick. The platform has adopted a more permissive stance toward gambling streams, which has enabled it to draw many of the top figures in the category. According to the report, the top ten iGaming livestreamers all streamed on Kick in January. Together they generated 88.4 million hours watched. Trainwreckstv led that group with 15.7 million hours watched, making him the biggest iGaming livestream draw in the period covered. Commercial agreements also help account for why certain brands continue to appear. Rowland stated that operators frequently collaborate directly with streamers, providing them with wagering credit in exchange for exposure that includes brand mentions in titles. Beyond Stake, he cited broader sports and esports sponsorship efforts as another factor boosting visibility for operators such as 1xBet and Betano. Both football and esports have large streaming audiences, particularly in Latin America and Spain, meaning branding linked to these ecosystems can reach a wide audience. Twitch Restrictions Help Shape The Market Not all platforms have taken the same approach. Twitch permits some gambling content but prohibits streaming for specific gambling sites, including Stake and Rollbit, due to concerns related to consumer protection and licensing.This policy shift followed a broader backlash in 2022, when several prominent creators expressed concerns about the risks of gambling content for younger viewers and individuals susceptible to addictive behavior. Rowland identified that period as a pivotal moment in how Twitch managed the category. Consequently, Kick secured a stronger opportunity to become the primary platform for gambling-focused livestream content. Prediction Markets Are Pulling In More Attention Too The report was not limited to casino and sportsbook brands. Prediction markets also recorded robust figures and are now occupying more space in betting-related conversations across livestreaming platforms. Among betting and prediction market brands, Polymarket led with 12,000 mentions in January 2026. Kalshi was close behind with 11,700. FanDuel took third place with 8,800, followed by PrizePicks (5,300) and DraftKings (3,300). This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Polymarket Announces New Rules to Fight Insider Trading

(AsiaGameHub) - Polymarket has revised its rulebook amid growing pressure regarding the integrity of prediction markets. On Monday, the company announced it had implemented Enhanced Market Integrity Rules across both its DeFi platform and its CFTC-regulated U.S. exchange, introducing new restrictions targeting insider trading and market misconduct. Good to Know Polymarket now prohibits trading that relies on stolen confidential data, unlawful tips, or the ability to influence specific events. New Market Integrity sections outline the operation of these rules and guide users on how to report suspicious behavior. This update follows closely on the heels of Polymarket’s announcement of a sports integrity collaboration with Palantir Technologies and TWG AI. Polymarket Clarifies Who Is Restricted From Trading Specific Markets A key component of the update is straightforward: Polymarket is working to clarify which individuals should avoid specific trades. Under the new guidelines, users are forbidden from trading if they possess stolen confidential information related to an event’s result or a connected outcome. Additionally, they cannot trade using illegal tips provided by someone who had a fiduciary duty or obligation of confidence and was not legally permitted to trade on that information themselves. Polymarket has also introduced a third category of forbidden behavior. Individuals with sufficient authority or influence to impact an event’s outcome are not allowed to trade contracts associated with that event. The company provided a clear example in its public documents: a U.S. Congress member should refrain from trading contracts related to a particular legislative bill. This is significant because prediction markets have faced criticism over whether politically connected or otherwise well-informed traders can gain an advantage before the general public becomes aware. Recent Associated Press reporting noted that both Polymarket and Kalshi have strengthened their rules as legislators expressed worries about insider information, sensitive geopolitical developments, and public trust in event trading markets.Neal Kumar, Chief Legal Officer of Polymarket, said: “Markets thrive on clarity. These rule enhancements make our expectations abundantly clear for every participant across both platforms and highlight the compliance infrastructure we have already built. “As Polymarket continues to scale, we will build on our foundation with clear communication to Polymarket’s users to ensure our markets do what they do best — surface truth.” In addition to addressing insider trading, Polymarket stated that both platforms already prohibit fraud, wash trading, spoofing, fake transactions, front-running, self-dealing, attempted market manipulation, and other actions that can disrupt fair and orderly markets. The new Market Integrity pages now detail the practical application of these rules and provide users with dedicated channels to report suspicious activity.The timing of this update is intentional. As sports and political prediction markets gain increased visibility, Polymarket has been seeking to demonstrate to leagues, regulators, and users that it can more rigorously oversee sensitive contracts. Last week, Major League Baseball revealed a multi-year partnership with Polymarket focused on official data and branding, while also emphasizing the need for integrity protections for baseball-related markets. Polymarket also recently disclosed a separate collaboration with Palantir Technologies and TWG AI to develop a sports integrity platform—another indication that surveillance and monitoring are becoming core to how prediction exchanges present themselves to the public. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Planet Hollywood Launches New Integrated Resort in Tbilisi

(AsiaGameHub) - Planet Hollywood Resorts International is preparing to make its debut in Georgia through a new integrated resort located in Tbilisi. Developed under a licensing deal with Orbi Group and Block Group, in partnership with Iconic Entertainment, the project is set to become a significant addition to the city's tourism, gaming, and hospitality landscape. Good to Know The project will feature a 500-room Planet Hollywood Hotel & Casino in Tbilisi. The plans also include a 600-room Radisson Blu hotel, a casino spanning 50,000 square feet, and a 4,000-seat venue for entertainment. The developers anticipate that the project will generate over 2,000 permanent jobs within Georgia. Planet Hollywood Selects Tbilisi for Major Georgian Resort Moving beyond a traditional hotel debut, Planet Hollywood is lending its brand to an expansive mixed-use development already being built in the capital. The total site will feature two towers housing 1,200 rooms, combining a 500-room Planet Hollywood Hotel & Casino with a 600-room luxury Radisson Blu hotel. Furthermore, the design includes a 50,000-square-foot casino floor, a 4,000-seat arena for special events and entertainment, and more than 70,000 square feet of Harvey Nichols retail space. The project will also include various nightlife and dining establishments. This diverse combination gives the development a more significant role than a standard hotel and casino launch. The developers are marketing it as a comprehensive destination centered on hospitality, tourism, nightlife, retail, and live events. Practically, this means Tbilisi will gain a resort complex intended to attract both local residents and international visitors, while also establishing a major employment hub with an expected 2,000+ permanent positions. Robert Earl, the Founder of Planet Hollywood, remarked: “This represents a landmark moment in the ongoing global growth of the Planet Hollywood brand. Tbilisi is a city defined by its unique character and incredible momentum. Alongside our partners, we are building a destination that integrates hospitality, entertainment, and immersive experiences in a manner that is both authentic to the local market and highly ambitious.” The extensive group of partners behind the project reflects its massive scale. Orbi Group, Block Group, and Iconic Entertainment are all participating, with each describing the development as a major milestone for the city and the surrounding region. Tornike Janashvili, CEO of Block Group, stated: “This is a transformative moment for Tbilisi. We are introducing a genuine integrated resort—one that will enhance the city’s international profile, attract large-scale global tourism, and establish a new benchmark for hospitality, entertainment, and economic growth in the region.” Irakli Kvergelidze, CEO of Orbi Group, added: “We are proud to bring the Planet Hollywood Hotel & Casino to Tbilisi and to create a destination that will help define the future of hospitality and tourism in Georgia.” Another prominent figure involved in the project is Mark Advent, the founder of the New York New York Hotel & Casino in Las Vegas and a Partner at Iconic Entertainment. He connected the project to Planet Hollywood’s entertainment heritage and the growth potential of the city, commenting: “I have waited for decades for the perfect chance to collaborate with Robert Earl—one of the world’s most renowned impresarios; his creation of Planet Hollywood is part of a legendary legacy. “We are in the business of fun, and he has brought immense joy to guests across the globe by bringing one of pop culture’s most iconic entertainment brands to life. Furthermore, Tbilisi is ready for a development of this magnitude—this will be a landmark destination!” The resort also brings another international hospitality and gaming name to a city that has been increasingly attracting global operators. Tbilisi has seen growing interest from international travelers in recent years, supported by its mix of urban expansion, historic architecture, and a broader push for tourism. In this environment, a branded integrated resort of this magnitude could strengthen the local market's standing in regional competition for events, travel, and casino business. For Planet Hollywood, the development expands the brand beyond its Las Vegas roots and provides a new presence in the Caucasus and Eastern Europe. Further details regarding the programming, timing, and future rollout are expected to be announced in the coming months. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Poker Legend David Sklansky Passes Away at Age 78

(AsiaGameHub) - David Sklansky, a pivotal figure in the development of modern poker strategy, passed away at 78 due to heart failure. The three-time World Series of Poker bracelet champion made a profound mark on poker theory, gambling tactics, and the broader narrative of Las Vegas. Good to Know David Sklansky captured three WSOP bracelets and authored close to twenty poker books. The Theory Of Poker introduced concepts such as implied odds and expected value into common poker terminology. His contributions influenced how dedicated players approach poker in cash games, tournaments, and various formats. David Sklansky Changed Poker From Instinct To Theory Many poker players achieve victories, but few transform the game's fundamental understanding. Sklansky accomplished exactly that. Beyond his tournament achievements, he will be remembered for transforming poker into a discipline grounded in mathematics, logic, and strategic long-term planning. His writings formed a cornerstone for countless players across generations. His most famous publication, The Theory Of Poker, originally released in 1978, lies at the heart of his enduring influence. This work helped integrate concepts like implied odds and expected value into the mainstream of poker strategy. Numerous principles that seem routine today were relatively obscure until Sklansky articulated them clearly and constructed a systematic framework. A Gambling Mind That Reached Beyond Poker A New Jersey native, Sklansky demonstrated exceptional mathematical aptitude from an early age. He studied at the University of Pennsylvania and had a short stint as an actuary before the allure of professional gambling drew him to Las Vegas. There, he established himself not merely as a poker competitor, but also as a blackjack card counter and sports wagerer perpetually seeking an advantage.This analytical approach extended well beyond the poker felt. He investigated vulnerabilities in casino games, served as a consultant, and even created a game concept that would later develop into Caribbean Stud, though this venture eventually led to an expensive legal and financial dispute. He also cultivated a reputation for an eccentric personality befitting his brilliant intellect. At one stage, his business card reportedly listed his occupation as a "resident wizard." Books That Shaped Generations Of Players Sklansky also made a lasting impact on poker literature. Doyle Brunson enlisted him to contribute to Super/System, among the most pivotal poker books ever published. He continued writing for decades, producing a later version of The Theory Of Poker tailored for no-limit hold'em and, in late 2023, Small Stakes No-Limit Hold'em: Help Them Give You Their Money. At one point, he achieved a remarkable publishing milestone by placing three distinct titles simultaneously in Amazon's top 100, alongside J.K. Rowling. His anecdotes beyond the written page were equally vivid. During a 2024 interview on Card Player Poker Stories, he recounted being banned from blackjack, participating in rigged political contests, receiving watches rather than bracelets at the WSOP, challenging Donald Trump to a $1 million board game match, and experiencing five armed confrontations. He also maintained a close friendship with casino magnate Bob Stupak and reportedly influenced his decision to construct the Stratosphere, now an iconic feature of the Las Vegas skyline. A Legacy That Also Carried Controversy Any truthful biography must acknowledge the darker aspects of his life. Sklansky publicly acknowledged having "more than a few enemies" within poker circles and felt that his Hall of Fame prospects were diminished by tense relations with certain voters. He also faced accusations regarding involvement in the 2008 suicide of poker player Brandi Hawbaker. In early 2026, he was detained on domestic battery allegations, though prosecutors ultimately declined to file formal charges.Despite these controversies, his position in poker history remains unassailable. Any substantive discussion of ranges, odds, value, and disciplined decision-making continues to reflect the concepts he introduced to the game. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Maryland Online Casino Initiative Faces Stalemate

(AsiaGameHub) - Efforts to legalize online casinos in Maryland have lost momentum during the 2026 legislative session. A referendum bill from Senator Ron Watson was withdrawn, and the companion measure that would have set rules for Maryland’s online casinos failed to advance out of committee before Crossover Day. This leaves the state’s push to legalize online casino gaming in a vulnerable position as the session enters its final phase. Good to Know SB 761—the referendum bill tied to Maryland’s online casino legalization effort—was pulled by Senator Watson. SB 885, which would have established the framework for internet gaming and online bingo, remained in committee. The broader Maryland iGaming plan cannot proceed in its current form without voter approval via a referendum. The two-bill strategy was designed to work together, but that structure now appears to be the main reason the effort has stalled. SB 761 would have put a Maryland online casino referendum on the ballot, while SB 885 outlined how internet gaming and online bingo would be licensed and regulated. Once SB 761 was withdrawn, the path for SB 885 narrowed sharply because the regulatory bill depended on referendum approval. Timing also worked against the proposal. Maryland General Assembly records show both Senate bills were introduced in early February and heard on March 11. Yet SB 885 did not advance from committee before the March 23 Crossover Day deadline—a point in the session where bills that haven’t crossed chambers rarely recover. The Maryland General Assembly’s homepage on March 24 also noted the legislature was nearing sine die, leaving little room for a last-minute save. Opposition came from multiple angles. Delegate Wayne Hartman, who serves on the House Ways and Means Committee, made clear that support within Annapolis was weak. He said: “I feel pretty confident there’s not an appetite for it this year.”He also raised a longer-term concern about state finances. He said: “My concern is, really, next year, after the election, when our deficit continues to grow, what are we going to see to quench the thirst of the majority party here to spend money?” Casino interests also pushed back. Representatives from Ocean Downs Casino warned lawmakers that Maryland online gambling could harm tourism and put local jobs at risk. Worcester County Commissioners shared similar worries, arguing that internet casino play could draw spending away from in-person venues in the region. That argument has surfaced in other states too, where online casino bills often face resistance from retail operators worried about cannibalization—even as supporters say digital gaming can add tax revenue and keep play within a regulated market. For now, legal online casino gaming in Maryland remains out of reach. The state still has six commercial casinos, and Watson’s proposal would have let those operators join a regulated online casino market. But with the referendum bill gone and the implementation measure stuck in committee, online casinos in Maryland look unlikely in 2026 unless lawmakers revisit the idea in a new form later on. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Casineo Launches in Swiss Online Casino Market with Gamanza Technology

(AsiaGameHub) - Gamanza Group has solidified its presence in the Swiss online casino sector through a collaboration with Casino Locarno for the Casineo brand. This agreement positions Gamanza's technology as central to a new licensed online casino operation in Switzerland, slated to launch in March 2026. Key Information Casineo operates using Gamanza's comprehensive player account management platform, specifically developed for regulated markets. The brand serves as the online division of Stadtcasino Baden AG, the entity behind Casinò Locarno. Gamanza Engage is also part of the implementation, equipping Casineo with CRM and gamification functionalities within Swiss regulatory guidelines. Gamanza Strengthens Swiss Market Role with Casineo Casineo represents Casino Locarno's inaugural online casino venture under its land-based license, with Gamanza providing the complete underlying platform. This encompasses compliance tools, responsible gaming features, payment processing, data management, and front-end delivery across web and mobile. In a market like Switzerland, characterized by stringent regulations and high licensing standards, such a full-service infrastructure is essential. The partnership also offers insight into the direction of the Swiss market. Switzerland maintains a tightly controlled and closely monitored online casino framework, necessitating that operators entering digital channels adopt technology built from the outset around control, reporting, player protection, and local compliance. Gamanza's existing collaborations with other operators in the country likely contributed to Casino Locarno's decision to select a provider with expertise in highly regulated environments. Tero Vienonen, Managing Director of Gamanza Group, commented:“Casineo is precisely the type of operator for whom we developed our platform – an ambitious new brand entering the online casino arena in one of Europe’s most demanding regulatory markets. “Switzerland imposes an exceptionally high benchmark for compliance and operational precision, and our technology is engineered to meet that standard from day one. We are proud to support Casineo in launching with a seamless and fully compliant player experience.” Casineo leadership echoed this sentiment. Michael Boyschau, Director, Casineo, stated: “Switzerland is among the most challenging markets for launching an online operation. Gamanza provided us with the foundational platform and the regulatory confidence to execute it correctly, and the partnership throughout the process has been exactly what we required.”A vital element of the rollout is Gamanza Engage. This product enables Casineo to manage CRM, loyalty programs, and gamification without exceeding regulatory boundaries. For online casino operators in Switzerland, player retention cannot solely depend on aggressive bonus promotions, making compliant personalization increasingly crucial. Simon Pukl, Director of Product and Business Development at Gamanza Core, remarked: “Switzerland’s regulatory landscape establishes one of the highest standards for online operators, and we are proud to assist Casinò Locarno with a platform specifically designed for such environments. “Our proprietary PAM solution seamlessly integrates compliance, responsible gaming, payments, and front-end delivery into a single flexible platform, empowering Casineo to operate a scalable online business. We are pleased to support Casineo’s brand and product vision and anticipate a long-term partnership.” Nathalie Haspel, Head of Online Gaming at Casineo, noted that the CRM and gamification aspects will help the brand cultivate player relationships appropriately, stating: “Building genuine player relationships in a regulated market demands more than just promotions. Gamanza Engage provides us with the CRM and gamification tools to create personalized, compliant experiences that keep players engaged for the right reasons.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Australian High-Stakes Gambler Tied to Texas Lottery Sweep iGame

Australian High-Stakes Gambler Tied to Texas Lottery Sweep

(AsiaGameHub) - “The Joker,” a shadowy figure long recognized in gambling circles, identified himself as one of the architects behind one of the most audacious lottery maneuvers in recent history. Zeljko Ranogajec, a high-roller renowned for his bold tactics, reportedly acknowledged aiding in funding a 2023 operation that essentially secured a win in the Texas Lottery. The Guaranteed Win Was Not Easy The operation zeroed in on a Lotto Texas draw in April 2023, where a syndicate sought to execute a feat rarely attempted at such magnitude: covering nearly every possible number combination. The group acquired 25.8 million tickets, spanning nearly the full scope of potential outcomes, leaving no room for chance. With the jackpot climbing to $95 million, the underlying arithmetic rendered this brute-force method viable. Executing this plan came with a steep price tag of $25.8 million—one dollar per ticket. Yet, the payout became all but certain. The winning ticket delivered a lump-sum jackpot of $57.8 million. When combined with secondary prizes from other number matches, the group reportedly pocketed a profit of around $20 million. In an interview with the Sydney Morning Herald, Ranogajec disclosed that the operation demanded intricate coordination. The group could not simply buy over 25 million tickets at convenience stores. Instead, they employed QR codes to print massive quantities of entries on what were described as licensed Texas Lottery terminals. This tight-knit organization condensed a process that would have taken days into just 72 hours. Texas Has Since Cracked Down on Lottery Couriers The operation’s sheer scale sparked immediate concern, with critics questioning how such a massive surge in ticket purchases slipped through the system uninterrupted. Allegations emerged swiftly, claiming that oversight gaps and even internal complicity enabled the scheme to succeed. Legal battles followed shortly. In 2025, former Texas Lottery CEO Gary Grief faced a class-action lawsuit alleging he conspired with the syndicate to facilitate their large-scale ticket printing and safeguard the winners’ anonymity. Regulatory changes preceding the event expanded courier service usage, extended ticket-printing timeframes, and relaxed controls on ticket generation locations and methods. The aftermath has been far-reaching, with multiple investigations examining whether the syndicate’s actions violated Texas law. Meanwhile, regulators have begun strengthening regulations. The Texas Lottery Commission has barred courier services that enable remote ticket purchases. This measure aims to eliminate one of the key tools employed in the operation and prevent similar exploits in the 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.
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UK Court Judgment Casts Doubt on Refund Claims iGame

UK Court Judgment Casts Doubt on Refund Claims

(AsiaGameHub) - A recent decision by the UK High Court of Justice has settled a long-standing gambling debt conflict. According to a report by RacingPost, racehorse owner Alan Spence is now required to repay more than GBP 840,000 ($1.13 million) to David Solomon, despite arguments that the debts were connected to unlicensed betting and should be invalid. Nevertheless, the consequences of this lawsuit could reach well beyond the two individuals involved. The Court Prioritized the Relationship Between the Parties The case revolved around a complex web of private betting arrangements, many of which existed outside the scope of the Gambling Act 2005. The court acknowledged that Solomon was, in effect, functioning as an unlicensed bookmaker. Typically, such a finding would result in related agreements being voided. However, the judge arrived at a different conclusion after assessing the conduct and awareness of both parties. In his ruling, Stuart Isaacs KC observed that the two parties maintained a friendly relationship grounded in mutual understanding. He determined that both men were fully cognizant of their actions and proceeded anyway. Consequently, the court found no strong justification to allow Spence to evade repayment, particularly given evidence that he had allegedly misrepresented his financial status and fabricated parts of his defense. The defendant engaged with the claimant with his eyes open, at first suspecting and then being clear that the claimant was not a licensed bookmaker. Stuart Isaacs KC This ruling is notable as it runs counter to a broader trend in other regions, where courts have been more inclined to overturn gambling losses linked to regulatory violations. In the UK, the main focus was on the conduct of the individuals concerned, rather than the operator's legal status. The court stated that unlawful actions by one side of a deal do not erase the other side's obligations. Refund Claims Continue to Be Highly Contested In recent years, a surge of legal actions, primarily within the EU, have contended that wagers made with unlicensed providers ought to be considered void, permitting players to claim refunds on their losses. Germany has become a central hub for these conflicts, with thousands of gamblers submitting reimbursement claims for losses incurred prior to the launch of regulated online markets. These disputes have advanced to the European Court of Justice, prompting larger issues regarding consumer safeguards and EU market regulations. A 2025 opinion from Advocate General Nicholas Emiliou indicated that such cases should not be automatically thrown out, backing the notion that players might be entitled to reclaim money under specific conditions. Although the UK judgment does not directly influence EU proceedings, it underscores a differing legal approach. The High Court emphasized fairness between the parties, concluding that Spence was not a defenseless consumer but an experienced player who intentionally entered into risky, unofficial betting agreements. This verdict suggests that UK courts might be hesitant to trigger a wave of mass refund claims where both parties acted with full knowledge. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Tour Bus Bound for a Michigan Casino Crashes, Injuring Dozens iGame

Tour Bus Bound for a Michigan Casino Crashes, Injuring Dozens

(AsiaGameHub) - A bus en route to a tribal casino in Michigan has crashed, resulting in numerous injuries. Fortunately, no fatalities have been reported, though two individuals may have critical injuries, per reports. The Bus Crashed on the Way to Harris A bus linking Chicago to a casino in Michigan’s Upper Peninsula has crashed, injuring dozens. The incident happened in Green Bay, Wisconsin, on March 22. To provide context, the bus was bound for the Island Resort & Casino in Harris. The charter route was planned to go through multiple other gaming spots en route. The Green Bay Police Department and Green Bay Metro Fire Department were dispatched to the scene right away. They found the charter bus had gone off an embankment, causing injuries to many passengers. For context, the bus had 54 people on board, 33 of whom sustained mostly minor injuries. Regrettably, reports indicate two people’s conditions could be more severe. In any event, injured passengers were taken to local hospitals for care. Others were brought to a reunification center in Green Bay. Police stated that additional investigation will establish what charges might be brought against the bus driver. Man Crashed Car While Gambling, Hurting Several People Speaking of crashes, a man in the UK recently crashed his car because he was gambling on his phone while driving. His car collided with another vehicle, injuring the other driver, a pregnant woman, two children, and a dog. The offender was ultimately sentenced to prison. He will serve 28 months at Derby Crown Court and face a 38-month driving ban. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Senate Bill Aims to Regulate Prediction Markets iGame

Senate Bill Aims to Regulate Prediction Markets

(AsiaGameHub) - Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) are preparing to introduce a bill directed at platforms like Kalshi and Polymarket, which currently operate under the oversight of the Commodity Futures Trading Commission (CFTC). This initiative represents the inaugural bipartisan push in the Senate specifically aimed at the prediction market industry. Senators Propose Bill Targeting Prediction Markets The proposed legislation would prevent entities regulated by the CFTC from providing event contracts—binary wagers on future outcomes—related to sports. Furthermore, it would outlaw casino-style games, including blackjack, video poker, slot machines, and bingo. Although this is the first bipartisan Senate move to regulate these markets, other lawmakers have previously sought to address these companies. For instance, Senator Chris Murphy and Congressman Greg Casar introduced a bill last week focused on preventing insider trading. Nevertheless, the current proposal stands as the first bipartisan attempt to overhaul the regulatory framework for prediction markets. Proponents of the bill argue that these platforms function as a "backdoor" for gambling. Senator Schiff has rebuked the CFTC for authorizing these markets, while Senator John Curtis expressed apprehension regarding the exposure of youth to addictive betting practices, particularly in states like Utah where most gambling is illegal. The bill aims to set federal standards while bolstering the authority of states to regulate gambling. It prohibits contracts involving sensitive topics such as military actions, death, and war due to security risks. A primary goal of the legislation is to prevent these platforms from using federal derivatives classifications to bypass state tax laws and gambling regulations, directly contesting current views on federal preemption. Why Are Senators Proposing This Legislation? Platforms like Polymarket and Kalshi allow users to trade contracts on diverse topics, such as pop culture, weather, politics, and sports. Because a large portion of their volume involves sports, they compete directly with established sportsbooks like DraftKings and FanDuel. This competition has sparked controversy, as traditional sports betting has been subject to state-level regulation and taxation since the 2018 Supreme Court ruling in Murphy v. NCAA. Critics argue that these prediction markets circumvent state consumer protections, threaten tribal sovereignty, and fail to generate public revenue, unlike conventional gambling operations. Conversely, prediction markets maintain that they provide financial derivatives, allowing them to function nationwide, including in jurisdictions like California and Utah that limit sports betting. The CFTC, under its current leadership, has taken a more lenient stance toward event contracts, which has encouraged industry expansion but drawn fire from legislators. Meanwhile, states such as New York, Nevada, California, and Utah are taking legal steps against these platforms, with judicial opinions on their classification remaining inconsistent. Notably, Nevada recently forced Kalshi to cease operations within the state for a minimum of two weeks following a court order. In summary, this legislation highlights a growing bipartisan consensus that prediction markets are essentially functioning as unregulated federal sportsbooks and casinos, thereby evading state-level oversight. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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South Dakota Redistributes Gambling Tax Revenue to Support Public Infrastructure Initiatives iGame

South Dakota Redistributes Gambling Tax Revenue to Support Public Infrastructure Initiatives

(AsiaGameHub) - South Dakota’s Republican Governor Larry Rhoden has signed Senate Bill 102, a measure that alters how gambling tax revenue from Deadwood is distributed. This revision shifts a portion of funds from the state to the city of Deadwood—South Dakota’s only non-tribal location where full casino-style gambling is allowed. Governor Signs New Law The new legislation will set a cap on Deadwood’s taxable gaming revenue, which exceeded $150 million last year. A city historic preservation official noted that some of these funds will be redirected toward initiatives like road upgrades, broader infrastructure projects, and efforts to expand industries beyond gaming. Rhoden stated that this change will help ensure Deadwood can continue to grow, thrive, and contribute to South Dakota’s economy. Deadwood has historically relied heavily on its gaming sector, which saw significant growth in 2023 and 2024. The new bill aims to diversify the local economy by channeling gaming revenue into infrastructure and supporting the growth of non-casino businesses. Estimates suggest the measure could boost Deadwood’s annual budget by approximately $800,000. Where Will the New Revenue Go? Currently, most of the revenue is allocated among several recipients, including Deadwood’s historic preservation fund, the state tourism fund, the state Gaming Commission, the state general fund, Lawrence County, a statewide historical grant fund, and a state gambling addiction program. Deadwood’s share from this initial distribution is capped at $6.8 million. Once these allocations are made, 70% of the remaining revenue goes to the state general fund, while the remaining 30% is split between local governments in Lawrence County and historic preservation efforts in Deadwood. Under the new law, Deadwood’s $6.8 million cap in the first phase will be removed, and the distribution of remaining funds will be adjusted. The updated formula directs 71% to Deadwood’s historic preservation efforts, 25% to the state general fund, and the rest to other municipalities in Lawrence County and the Lead-Deadwood School District. It should also be noted that Gov. Rhoden signed House Bill 1215, which allows counties and cities to issue licenses for cigar bars. Previously, in 2010, South Dakota voters upheld a ban on smoking inside public buildings, restaurants, casinos, and bars. The ban permitted the three existing cigar bars in Sioux Falls, Rapid City, and Deadwood to stay open, provided they met specific requirements. However, the new law now gives cities and counties the authority to issue licenses for additional cigar bars. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Mega Millions Jackpot Stays Unclaimed, Powerball Top Prize at $133M for Tonight’s Drawing iGame

Mega Millions Jackpot Stays Unclaimed, Powerball Top Prize at $133M for Tonight’s Drawing

(AsiaGameHub) - The jackpots for both the Mega Millions and Powerball lotteries went unclaimed in the drawings held on Friday and Saturday, respectively. As a new week of lottery gaming commences, players are hoping to secure a win. Mega Millions Jackpot Rolls Over to $60M The Mega Millions drawing on Friday concluded without a jackpot winner. The game has experienced a brief pause in jackpot wins, which is understandable given that two major prizes were claimed in close succession recently. For context, a $533 million grand prize was won on March 10, making an Illinois player half a billion dollars richer. Then, just two drawings later, an Ohio player surprisingly claimed the $60 million prize from the March 17 drawing. However, the March 20 drawing did not result in another jackpot winner. Additionally, no player managed to win the game’s second-tier prize by matching the five white numbers. The winning numbers for the March 20 drawing were 11, 20, 51, 55, and 63, plus the gold Mega Ball 4. Several players did successfully match four white numbers and the Mega Ball to win the third-tier prize. Four of these players each won $20,000 with a 2X multiplier, while two others took home $30,000 each thanks to a 3X multiplier. The jackpot has now reached $60 million for the Tuesday drawing, with a cash option of $27 million. Powerball Jackpot Climbs to $133M for Monday Drawing Meanwhile, the Powerball jackpot has now increased to $133 million, offering a one-time lump sum option of $60.3 million. The next drawing is scheduled to occur later today. The previous drawing, held last Saturday, saw no one win either the jackpot or the game’s second-tier prize of $1 million (or more, depending on Power Play). Nevertheless, a significant 20 players matched four white numbers and the Powerball to win the third-tier prize. This included fifteen players who each received $50,000, as well as five who won $100,000 instead, thanks to Power Play. The Power Play multiplier was 2X for the March 21 drawing. The winning numbers for that drawing were 12, 28, 26, 41, and 59, plus the Powerball 2. Had a player matched all of these numbers, they would have won $123 million or $55.8 million, depending on whether they chose the annuity or the one-time payment. The upcoming Powerball drawing will take place within a few hours of this publication. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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