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.

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.

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.

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.

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.

Maryland Considers Sweepstakes Prohibition as Dual Bills Move Forward

(AsiaGameHub) -   Maryland legislators are persisting in their campaign to curb the contentious sweepstakes industry by moving forward with legislation that imposes more rigorous constraints. This includes HB 295, which has successfully cleared the House, and HB 1226, which has also seen progress. HB 295 Secured Strong Approval by House Members HB 295 recently garnered a decisive 105-24 vote in the Maryland House, enabling it to move to the Senate as the legislative session proceeds. The proposed legislation aims to implement more precise language that explicitly prohibits sweepstakes-based casinos. For context, sweepstakes are a gaming category that employs a dual-currency model, enabling users to participate using virtual tokens instead of direct cash. Although these platforms permit users to buy virtual currency with real money, operators argue that the specific mechanics of these games distinguish them from the legal definition of gambling. Conversely, HB 295 would establish a criminal ban on any gaming platform that mimics casino-style play and “utilizes multiple currency systems of payment allowing the player to exchange the currency for any prize or award or cash or cash equivalents.” The legislation provides an exemption for games that offer only non-monetary rewards. Should the bill be enacted, offenders could face up to three years of incarceration and penalties between $10,000 and $100,000. HB 1226 Must Pass Its Third Hearing Today If It Is to Advance Simultaneously, another measure, HB 1226, aims to eliminate sweepstakes casinos. This bill seeks to outlaw illicit online gambling and empower local authorities to issue cease-and-desist mandates to operators in violation. Furthermore, regulators would be authorized to implement payment and IP blocking measures to obstruct unauthorized online gaming activities. Although the bill has cleared its second reading, it must accelerate its progress to succeed. With Maryland’s crossover deadline set for today, HB 1226 is required to clear its third reading by the end of the day. If HB 1226 is successful, the Senate will deliberate on the future of both bills. Should either be signed into law, Maryland would join the growing list of states that have completely rejected the controversial sweepstakes model. Minnesota is also currently exploring legislation that would criminalize the operation of sweepstakes casinos. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

EGT Digital to present key innovations at BiS SiGMA Americas 2026

(AsiaGameHub) -   The firm will display its newest slot game launches, including Panda Ventura, alongside a collection of over 180 in-house titles and its X-Nave platform at BiS SiGMA Americas 2026 in São Paulo, underscoring its growing presence in Brazil. Press release.- EGT Digital will take part in BiS SiGMA Americas 2026, held 6–9 April in São Paulo, Brazil, where attendees can meet the team at stand L146. Following its recent appearance at SBC Summit Rio, the company continues to strengthen its engagement in the Brazilian market through a focused display of high-performing content and advanced technology solutions. A key highlight will be Panda Ventura, one of EGT Digital’s most favorably received recent releases. Blending a distinctive visual identity with smooth, intuitive gameplay, the title delivers a well-balanced flow that naturally builds excitement and encourages longer play sessions. As the first entry in the new Ventura series, it establishes the foundation for a character-led lineup that will soon expand with Tiger Ventura. Alongside it, visitors will explore a portfolio of 180+ in-house slot titles, including the proven jackpot series Bell Link, Clover Chance, and Gods & Kings Link, all designed to drive strong engagement and consistent performance across markets. EGT Digital will also present X-Nave, its modular igaming platform integrating Casino, Sportsbook, CRM, Payment Gateway, Bonus Hub, and a powerful Aggregator with 20,000+ games from 200+ providers.  The platform includes a high-performance Sportsbook offering flexible integration, advanced personalisation, and a fast, seamless betting experience, while proprietary AI enhances engagement through intelligent promotional tools and automated features. Participation in BiS SiGMA Americas highlights EGT Digital’s ongoing commitment to LatAm and Brazil, supporting operators with scalable, high-performance solutions tailored to local market needs. Visitors to booth L146 will also have the opportunity to view and test EGT’s VLT products, which are developed specifically for the Brazilian market.  Following their successful debut at SBC Summit Rio earlier in March, the Video Lottery Terminals Super Sorte 27/27 ST and Super Sorte 43V, along with the online betting terminals Top Estrela and Bar Estrela, are expected to attract strong attention at SiGMA Americas. They stand out with their modern design, user-friendly features, and engaging gaming experience. In addition, the popular multigame mix GOLD VLT will also unveil its range of 50 captivating titles, created for the local gaming audiences. With a growing portfolio and a technology ecosystem built for performance and adaptability, EGT Digital continues to deliver solutions truly “Designed to Perform”. 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.

Officers Fatally Shoot Man Who Drew Gun in Casino Parking Lot

(AsiaGameHub) -   A man was fatally shot after brandishing a firearm when confronted by law enforcement. The incident occurred in the parking lot of WinStar Casino in Thackerville, Oklahoma. Authorities Report Victim Threatened Officers with a Firearm On March 19, the Chickasaw Lighthorse Police Department received information about an individual experiencing suicidal ideation on WinStar Casino grounds. According to the official report from the Oklahoma State Bureau of Investigation (OSBI), the person was identified as 41-year-old Kevin Odom. Officers were immediately sent to the location. They found the man around 1:45 pm in the casino parking lot. Police attempted to communicate with the reportedly suicidal individual, but he drew a weapon. An officer subsequently discharged their weapon, striking Odom. He sustained injuries and was pronounced dead at the scene. The OSBI report confirmed that no other individuals were injured during the incident. The investigation remains active and is being conducted jointly by the OSBI, Chickasaw Lighthorse Police Department, WinStar Casino, and the Office of the Chief Medical Examiner. The Love County Sheriff's Office released a statement confirming the shooting and assuring residents that public safety is not at risk. Chief Palmer of the Chickasaw Lighthorse Police has assured me that the public faces no continuing danger. All additional questions should be referred to the Chickasaw Lighthorse Police, who are spearheading the investigation alongside the OSBI. Sheriff Cumberledge Regrettably, Not an Isolated Casino-Related Shooting Incident Tragically, this is not the sole shooting incident to occur near a casino property in 2026. In the previous month, a deadly shooting occurred just outside Bally's Kansas City Casino, resulting in the death of an 18-year-old. The incident stemmed from an altercation involving several individuals that began inside the casino. Several days afterward, a mother who was in Las Vegas for a dance competition fatally shot her daughter before committing suicide. 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.

Lexington County Man Charged with Illegal Gambling After Devices Discovered at His Residence

(AsiaGameHub) -   Lexington County police and the South Carolina Law Enforcement Division have arrested 51-year-old W. L. H. Sr., whom they suspect ran an illegal gambling operation.  The arrest took place on March 9, 2026, and the man was immediately charged with possession of an illegal gambling machine—described as “unlawful possession and operation of a slot, video, vending machine or gambling device and unlawful games and betting.”  This final charge is significant because while police can technically bring unlawful betting charges, they rarely do so. The arrest happened a week after a search warrant was executed on March 2. 18 Gambling Machines Seized as Part of the Operation  During the search, police found 18 gambling machines at the suspect’s home—specifically Pot O Gold devices. These machines can run a range of games of chance, including keno, blackjack, and casino-style poker.  South Carolina has been fairly conservative in its gambling regulation, which has led to the rise of underground operations like the one run by H. Sr.  In February, Senate Bill 444 attempted to introduce online sports betting regulation in the state, but it faced opposition from lawmakers.  In-state sports betting is available at Harrah’s Cherokee Casino Resort in Cherokee, Harrah’s Cherokee Valley River in Murphy, and Catawba Two Kings Casino in Kings Mountain. 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.

Analysts Predict Surge in Casino Mergers and Acquisitions

(AsiaGameHub) -   Analysts anticipate a surge in casino acquisition and merger activity, following reports that Caesars is considering a takeover bid. A Period of Strong M&A Activity Might Be on the Horizon Caesars is reportedly contemplating selling its business, with Tilman Fertitta and Carl Icahn identified as potential acquirers. In light of this, Barry Jones, Managing Director at Truist Securities, and John DeCree, Director of Equity Research at CBRE, have projected an increase in M&A activity across the broader casino sector. As reported by CDC Gaming, DeCree highlighted that the rumored Caesars takeover remains highly speculative. He noted that individuals familiar with the situation believe that if a deal were to materialize, the existing Caesars leadership would likely remain in place, resulting in minimal operational changes for the company. Jonas commented that a potential Caesars takeover could trigger a period of heightened M&A activity, as other company boards might be motivated to explore similar takeover offers. DeCree concurred that the gaming sector could experience increased M&A, expressing optimism about a Caesars deal due to the company's diverse portfolio and the current "near record lows" in interest rates and spreads for large corporations. Going Private and Investing Abroad Are Viable Options Jonas suggested that some operators might opt to go private, prioritizing long-term success over short-term investor demands. He added that if stock valuations remain stable, more private transactions could occur, noting that many B2B companies in the gaming sector have already transitioned to private ownership. DeCree pointed out that acquisitions of The Mirage and Venetian were made by private entities, but emphasized that such transactions require substantial capital. He also noted that companies with significant capital often find targeting Las Vegas challenging, leading them to focus on emerging markets, citing MGM Osaka and Wynn Al Marjan as prominent examples. Las Vegas Remains of Key Importance Jonas stated that most casino companies would desire a presence in Las Vegas, though the extent of property ownership remains a key consideration. DeCree referenced Hard Rock's redevelopment of The Mirage, which involved a multi-year closure, as a significant recent development. However, Jonas characterized Hard Rock as an "unconventional buyer" and suggested that while redeveloping lower-tier Vegas properties is logical, it requires specific types of buyers. Furthermore, Jonas noted that not all Las Vegas investments yield immediate strong returns, citing the challenges faced by Fontainebleau and Resorts World in achieving their projected performance. Despite any slowdown on the Las Vegas Strip, Jonas indicated that the local market has not been significantly impacted, suggesting that investments in the city remain viable. 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.

Jake Paul Announces Betr Online Casino Now Operating in 30 States

(AsiaGameHub) -   Betr, the online social casino platform, has now launched fully across 30 states in the United States amid increasing industry oversight, marking the company's latest product offering. The brand's co-founder and primary promoter, Jake Paul, a YouTuber turned boxer, has been actively marketing the platform and recently verified the announcement via a post on social media platform X. The massive days just keep coming for @betr We just launched the Betr Social Casino in 30+ states https://t.co/eUBwoGgMPB— Jake Paul (@jakepaul) March 17, 2026 The Betr brand has experienced rapid growth and has diversified into multiple verticals over time. The casino product represents the latest addition to its portfolio, joining existing offerings such as Betr Arcade, Betr Social Sportsbook, and Betr Picks. The company appears poised for further expansion, taking inspiration from DraftKings' approach, as Jake Paul has hinted at the development of a super app that would consolidate all products under one umbrella and potentially incorporate prediction markets in the near future. "We've definitely established a first-mover advantage with our super-app approach. Through our social casino, we'll maintain an edge by offering a casino-style product available nationwide. Modern consumers don't want to download five to seven separate apps with different wallets—it's simply too cumbersome," Jake Paul stated during his attendance at the Next Summit: New York, according to media reports. Both social online casinos and prediction markets are encountering significant regulatory and operational hurdles. Minnesota is currently advocating for prohibition of social casinos, with particular focus on the sweepstakes model. Indiana has likewise enacted legislation that outlaws the sweepstakes model. Prediction markets are also experiencing resistance, as evidenced by a recent ruling in Nevada that resulted in the temporary halt of Kalshi products in that state. Although regulators appear to favor supporting the prediction market sector, advocacy groups like Gambling Is Not Investing and proposed legislation such as the Bets Off Act are highlighting the growing resistance to the industry. This represents just one of multiple legislative initiatives targeting the sector. 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.

NCAA Demands DraftKings Halt March Madness Branding

(AsiaGameHub) -   On Friday, March 20, the National Collegiate Athletic Association (NCAA) submitted a formal complaint to a federal court, requesting that DraftKings cease using the “March Madness” branding. The filing contends that the sportsbook should discontinue its use of registered trademarks associated with the NCAA’s men’s and women’s basketball tournaments. NCAA Says DraftKings Uses Its Trademarked Brands The NCAA has identified specific names and branding that DraftKings must avoid, seeking legal prohibition of their use. These include “March Madness,” “Final Four,” “ Elite Eight,” and “Sweet Sixteen,” which refer to different stages of the competition that generates massive overall gambling revenue. The complaint further stipulates that these terms should be prohibited from appearing in the company’s sports betting offerings, promotional activities, or marketing materials. The NCAA elaborated on the matter in its filing: “Just before the Tournaments began, DraftKings intentionally embraced and prominently deployed the NCAA’s iconic basketball trademarks, along with deceptively similar variants, to exploit and appropriate the considerable goodwill, recognition, and consumer confidence those Marks represent at the exact time of maximum public interest.” The NCAA contended that DraftKings lacked any legitimate authority to integrate the tournament branding and imagery into its public-facing websites and applications, thereby “intentionally intensifying consumer confusion and cementing a misleading connection or sponsorship affiliation with the NCAA to persistently profit from the Association’s established reputation.” DraftKings has challenged the complaint and its particular structure, asserting that the company never meant to employ – nor actually utilized – the “March Madness” branding, but instead applied it as “plain text” and as a “ fair use,” making comparisons to how other competitions are presented. DraftKings Objects, Says Fair Use “This constitutes protected speech under the First Amendment and does not infringe upon any brand’s trademark. We are confident the courts will reject this injunction request,” the company maintained. The NCAA has demanded that this usage cease, as it subjects millions of vulnerable sports enthusiasts and, importantly, college students and young adults to the risks of gambling. “[They are] exposed to the false suggestion that the Association has authorized or endorsed DraftKings’ gambling platform,” the NCAA concluded.The NCAA has been seeking to protect athletes from betting-related abuse and minimize opportunities for match-fixing by urging gambling industry stakeholders to prohibit proposition betting on college-level games. 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.

Player at Virgin Hotels Las Vegas Hits Two Jackpots on Same Slot Machine

(AsiaGameHub) -   When most people visit a Las Vegas casino, the main things they usually hope for are a fun time and free drinks. But one player scored big by winning two jackpots last Wednesday—on the exact same game. During their session on the Mo Mo Mummy slot machine at the Virgin Hotels Las Vegas casino, the anonymous player won $21,150 with a $2.50 bet. Most people would say to walk away after a nice win—so you don’t lose what you’ve already earned while trying to win more—but it’s a good thing the player stuck around a little longer. Before long, the player hit another jackpot—this time for $34,000—when another jackpot came up on the very same machine during that same session. Total winnings added up to $55,150, and the player finally decided they’d had enough—walking away from the game with a jackpot story that’s easily one of the best to share. 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.

XQC Reports Significant Earnings from a Single Gambling Stream Amounting to $15 Million

(AsiaGameHub) -   Earlier this month, we reported that xQc earns $200,000 per Stake-sponsored stream—details the 30-year-old Canadian shared during a broadcast with fellow creator StableRonaldo. Now, the Quebec native—who first gained fame as a professional Overwatch tank player—has shared new insights into just how profitable his streaming career has been over the years. In a Single Stream: $57,000 from Ads, $15M from Sponsorship xQc recently disclosed that the highest amount he’s ever made from ads in a single stream is $57,000. That impressive sum, however, is overshadowed by what he’s earned from his gambling streams. xQc shared that one gambling stream alone brought in approximately $15 million, once again highlighting the massive revenue top streamers can generate from niche areas of the platform. Beyond ad revenue, xQc has earned significant income through sponsorships. He revealed his largest deal came from Call of Duty Warzone, which paid him a flat fee of around $1 million. The agreement initially required him to stream the game a few times over two weeks, but xQc completed all obligations in a single 12-hour marathon session. 1.3M Bets with 10% Win Rate  Gambling streams appear particularly lucrative for him. In June 2025, xQc revealed he had placed $3.6 billion in total wagers across more than 1.3 million bets, winning roughly 10% of the time. His wealth is further boosted by profitable platform deals. Three years ago, he signed a streaming agreement with Kick reportedly worth up to $100 million over two years—a figure on par with major professional sports contracts, like LeBron James’ deal with the Los Angeles Lakers. Whether from sponsorships, gambling, or ad revenue, xQc has made it clear that streaming can be extraordinarily profitable at the highest level. Despite these big earnings, fellow gambling streamer Trainwreck recently discussed the possibility of returning to regular gambling broadcasts. Trainwreck—who, per a Bloomberg report, received up to $1 million a month to stream crypto-casino content—also talked about his ties to Stake and its leadership, suggesting some creators promoting gambling platforms don’t get the compensation they deserve due to undervalued deals. The streamer hinted that a turning point could be ahead, with creators choosing to build their own platforms instead of relying on established gambling sites. 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.

10% Sports Betting Tax Expected to Raise $182B

(AsiaGameHub) -   Sports betting in the United States has undergone a major transformation over the past few years, more precisely, ever since the Supreme Court paved the way for individual states to legalize the activity in 2018. First valued at $7 billion when it launched, the sector steadily expanded to an impressive $167 billion by last year, a surge largely driven by mobile apps that have removed the previous limit restricting betting to casinos or dedicated sportsbooks. Today, nearly all wagers are placed online, making participation far more convenient and efficient for people. States that currently permit sports betting have already seen clear financial benefits, with tax revenues that serve as critical support for public budgets climbing steadily. In the meantime, the federal government only collects a tiny portion of these funds, via a long-standing 0.25% tax applied to every individual wager. This rate has remained unchanged for decades, and discussions around whether it should be adjusted have been growing increasingly prominent in Washington. 5% Tax Would Bring In $100B Over 10 Years Some analysts propose raising the tax rate to 5%, a shift that recent estimates show would generate nearly $100 billion in revenue over the next decade. An even higher rate, such as 10%, could produce as much as $182 billion from fiscal years 2027 to 2036, while reducing the total number of placed bets by 10%. This level of revenue would be enough to make the sports betting tax the second-largest federal excise tax in the country, trailing only the gas tax. The Fixed-Dollar Per-Bet Tax Proposal Apart from the 5% and 10% tax rate options, the Budget Lab "also modeled a more modest, fixed-dollar tax on sports wagers: $0.05 per transaction." The corresponding model notes it would "raise a far smaller amount of revenue, just $1.3 billion from FY2027 to 2036, compared to the 5% ad valorem tax, but over the long term its impact could be more notable by cutting the total number of bets placed." At the same time, proponents argue sports betting should be treated the same as other taxed activities, such as alcohol or tobacco sales, noting that a higher tax level would bring in meaningful revenue while potentially curbing excessive gambling. Wider concerns about the broader impacts of betting have also been raised, including financial hardship for some users and the growing normalization of gambling in mainstream sports culture. Critics, however, warn that higher taxes could drive people toward unregulated markets. Offshore websites and informal betting networks already operate, and stricter rules could make these options far more appealing to users. States that rely heavily on betting revenue have also voiced concerns, as a drop in betting activity would likely reduce their own tax income. Another recent policy change has already caught bettors' attention. Starting in 2026, gamblers will no longer be able to fully offset their losses against their winnings when calculating their tax liability. This means some people may owe taxes even if they break even on their betting activity overall. For now, lawmakers are weighing all available options. The sports betting industry continues to expand, but key questions remain over how it should be taxed and regulated in the years ahead. 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.