Venetian Agrees to $7.2M AML Fine in Bowyer Case
The Venetian has agreed to a $7.2 million fine for AML violations linked to illegal bookmaker Mathew Bowyer. It is the fourth Las Vegas Strip casino penalized in the case.
The Venetian has agreed to a $7.2 million fine for AML violations linked to illegal bookmaker Mathew Bowyer. It is the fourth Las Vegas Strip casino penalized in the case.
Dutch gambling tax increases generated far less revenue than projected, while World Cup prediction markets showed distinct trading patterns. Ireland’s new licensing regime also took effect.
Fertitta Entertainment executives secured preliminary Nevada approval as the company advances its 17.6 billion dollar bid for Caesars. The deal requires antitrust, licensing, financing, and shareholder approvals.
Arizona has prohibited executive branch employees from using non-public information to profit on prediction markets. Violations may lead to dismissal and law enforcement referral.
A 5W audit estimates U.S. gambling operators spent $520 million on celebrity endorsements in 2025, versus $60 million on responsible gambling initiatives.
VGW founder Laurence Escalante has stepped down as CEO and Chairman after six months on leave. The move comes as the company faces regulatory pressure in the United States.
Ohio representatives introduced the Save Ohio Sports Act to ban online sports betting and restrict several wager types. Online betting accounted for $786.0 million of April’s $800.1 million total wagers.
South Africa generated $5.2 billion in gross win in 2025, with 63% coming from online gambling. Nigeria ranked second as regulatory fragmentation shapes growth.
A Michigan court has ordered Kalshi to stop offering sports event contracts in the state and to implement licensed third-party geolocation controls. The company faces a potential $120,000 daily fine for non compliance.
Operators are withdrawing from Indiana and Maine ahead of July sweepstakes casino bans, while Iowa expands enforcement authority. Additional states have introduced new restrictions in 2026.