(AsiaGameHub) - A legal dispute over hotel tax payments in Las Vegas is proceeding as a judge evaluates the amount of evidence that can be gathered in a case potentially exceeding $1 billion. Judge Assesses Access to Critical Evidence in Tax Dispute The case has returned to the Clark County District Court, involving allegations that major online booking platforms failed to pay the full taxes owed to the state. The lawsuit includes companies such as Expedia, Orbitz, Travelocity, Priceline, and Hotels.com, according to The Las Vegas Review-Journal. Judge Mark Denton reviewed arguments during a recent hearing regarding whether plaintiffs should receive expanded access to documents as part of the discovery process. The judge stated that no decision has been made and that further review is required. The case was originally filed in 2020 by consultants Sig Rogich and Mark Fierro, representing Nevada. They claim that these companies employed a pricing strategy that created a gap between the taxes collected from customers and those actually remitted to the state. According to the complaint, travelers were charged full retail room rates, but payments to Nevada were based on lower wholesale prices, enabling the firms to retain the difference. Plaintiffs’ attorneys contended that under Nevada law, individuals or entities can be held liable if they knowingly assist in submitting false or incomplete information to government agencies—even if the violation occurs indirectly. They emphasized that the legal provisions apply regardless of the method used. Travel Companies Contest Scope of Tax Claims Conversely, counsel for the travel companies asserted that the plaintiffs are attempting to broaden the lawsuit beyond its original intent. They maintain that the scope should be restricted to the claims initially submitted to Nevada’s legal authorities and limited to a timeframe beginning around 2015. Another significant issue concerns access to documentation from comparable lawsuits in other jurisdictions. Such records could help illustrate how the companies handle transactions across the country, according to the plaintiffs. Nevertheless, defense lawyers argued that obtaining and examining these materials would be excessively burdensome and may not be directly relevant to Nevada’s case. The outcome carries substantial economic consequences. If the allegations are proven true, the disputed funds could support public services financed by hotel taxes, including education and tourism programs. A trial is scheduled for 2027, as indicated in court filings, since no resolution was reached at the hearing. 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.
Michigan Puts Brakes on Betting Tax Increase
(AsiaGameHub) - A proposal to increase taxes on sports betting in Michigan has encountered a significant obstacle. Lawmakers in both legislative chambers have advanced budget plans that do not include Governor Gretchen Whitmer’s suggestion for a per-bet tax on sportsbooks. This exclusion indicates that legislators are hesitant to implement substantial changes that could impact Michigan’s expanding gaming industry long-term. The Taxes Could Have Unintended Consequences Whitmer had proposed a 25-cent fee for the first 20 million mobile bets annually made by each operator, escalating to 50 cents for any bets beyond that threshold. This structure is similar to a system implemented in Illinois, where gambling companies are already experiencing its effects. Whitmer had anticipated that this additional tax would generate approximately $39 million in new revenue for the state. However, lawmakers expressed caution regarding such significant alterations. Many were concerned that increasing the financial pressure on licensed operators could result in these costs being passed on to bettors, potentially driving users towards unregulated offshore options. These unregulated platforms often lack essential consumer protections and do not contribute to state revenue. These apprehensions are not merely hypothetical. Illinois observed a notable decrease in betting activity following the introduction of its per-wager fee, leading to a reduction in monthly handle in the subsequent months. Michigan legislators are cautious of similar outcomes, given that their state has become one of the more stable online betting markets nationally. Neither the House nor the Senate Included These Proposals The governor’s proposal encompasses more than just per-bet fees. It also includes an increase in the online casino revenue tax rate to 36%. Currently, gambling companies are subject to monthly rates ranging from 20% to 28%, depending on gross revenue. Operators would also progressively lose the ability to deduct promotional credits from their taxable revenue. Collectively, these changes would represent a major shift for Michigan’s gambling market. As of now, neither the House nor the Senate has given its approval to Whitmer’s proposal. The House, led by Republicans, approved a budget plan that excludes new gaming taxes, while the Senate, controlled by Democrats, has moved forward with a comprehensive budget that aligns with its own priorities. Nevertheless, the divergence between the two proposals allows for further discussion on potential gambling taxes. The gambling industry is closely monitoring these developments. Operators have consistently argued that higher taxes diminish their capacity to offer promotions and competitive odds, which could steer bettors toward unregulated markets. Concurrently, lawmakers are seeking methods to fund state programs while maintaining reasonable tax levels for residents. While gambling taxes might appear to be an easy solution, they involve risks that are more challenging to forecast. 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.
Judge Reduces Bail for Former Las Vegas Police Officer Facing Stalking Charges
(AsiaGameHub) - Former Las Vegas officer Jason De La Garrigue appeared at the Regional Justice Center facing multiple aggravated stalking charges. Judge Nadia Wood lowered his bail to $250,000, down from $1 million, after hearing arguments from De La Garrigue’s attorney, David Roger, the prosecutor, and testimony from individuals who claim they were stalked. Jason De La Garrigue’s Bail Was Reduced Roger filed a motion this week requesting that De La Garrigue’s bail be reduced. In the filing, the attorney described what he called a tragic family background that he argued was a significant factor in the case. De La Garrigue was arrested in April and charged with eight felony counts of stalking. According to Metro detectives, he allegedly kept a hit list of five individuals he held responsible for his brother’s suicide. According to Roger, De La Garrigue was heavily drinking on April 9, which allegedly interacted with his prescription medications. Roger said the combination worsened De La Garrigue’s mental condition and impaired his ability to think and behave rationally. Judge Wood ordered that, if De La Garrigue can post bail, he must remain under strict electronic monitoring. He is also prohibited from possessing any weapons and will only be allowed to leave his residence for court hearings or meetings with his attorney. Here Are Some More Details About the Case According to a police arrest report, De La Garrigue made repeated and increasingly severe death threats against several people living in different states from sometime in 2024 through Friday. The case involves eight alleged victims of aggravated stalking, including De La Garrigue’s five “primary targets,” the report states. The remaining three victims are relatives of some of those primary targets, and investigators said all eight feared for their safety. De La Garrigue referred to a hit list he had allegedly created as retaliation for what he believed was bullying his late brother experienced during his teenage years in Apple Valley, California. The report says that De La Garrigue had a plan to travel and murder several former high-school acquaintances whom he blames for his brother’s suicide. However, the report contains inconsistent details about the timing of the suicide, but indicates that it occurred at least a decade ago. One of the alleged victims of the harassment grew up with De La Garrigue in Southern California. He told authorities he was part of a group of five friends whom De La Garrigue has blamed for his brother’s suicide He also explained to the FBI that De La Garrigue called him more than 60 times that day and allegedly threatened to kill him, his wife, and his parents, according to the report. The man also said De La Garrigue claimed to have several “AR-style” weapons. In other crime-related news from Las Vegas, authorities recently dismantled an $8 million illegal betting ring allegedly run by a 57-year-old local resident. 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.
Jemma McColgan: How Prediction Markets Are Shaping the Future of the Gambling Industry
(AsiaGameHub) - Not long ago, the industry buzz was dominated by the Metaverse; then it shifted to sweepstakes casinos; and more recently, discussions centered on how artificial intelligence (AI) would shape the sector. There is always a prevailing topic that platforms, reviewers, and analysts rally around. Ironically, few anticipated the emergence and impact of prediction markets—except for a select few who saw it coming. Imagine the profits that could have been made if one had foreseen this trend. While some platforms and developers were slow to respond, others quickly capitalized on the opportunities. We sat down exclusively with Jemma McColgan from Casino.org to explore what the rise of prediction markets means for the industry. Q: Hi Jemma, thank you for joining us to discuss the growing popularity of prediction markets. Before we dive into their implications for the industry, can you provide our readers with a clearer explanation of what this type of betting involves? Hi, thanks for having me. Prediction markets revolve around forecasting future events. They allow participants to trade on real-world outcomes, such as sports results and political developments. These are legal trading platforms where users buy and sell contracts linked to actual occurrences. Instead of placing bets against a bookmaker, users trade YES or NO contracts with other prediction market participants. Each transaction has two opposing sides: if you purchase a YES contract, someone else is selling a NO contract, and vice versa. The platforms do not set odds or take positions themselves—they simply facilitate the marketplace and settle trades once the event outcome is confirmed. Q: In regions like the United States, where gambling regulations are strict, does this make participation easier or more difficult? It’s important to note that prediction markets differ from traditional sportsbooks. Legal versions function more like regulated financial marketplaces, where users trade contracts based on real-world events rather than wagering against a house. This peer-to-peer exchange model enables platforms to offer event contracts legally under federal oversight. Q: Does this mean that platforms operate without oversight or regulation? Absolutely not. Only certain platforms are legally authorized, and access varies depending on the platform and the user’s state. However, there’s no denying they’ve become mainstream—evidenced by recent cultural references, such as an episode of South Park featuring a prediction market app. Q: Do you believe these markets challenge the traditional landscape of gambling? They certainly expand opportunities for individuals who enjoy speculative betting. How often have we regretted missing a sure thing—only to see it happen? Many of us have wished we’d placed a bet when we felt confident about an outcome. Prediction markets now make that possible, and they’re gaining significant traction. At Casino.org, we treat all forms of gambling and iGaming with the utmost seriousness. That’s why we provide comprehensive guides and reviews for prediction market platforms, just as we do for any other gambling site. Our evaluation process is rigorous and consistent, ensuring users can engage safely and with minimal risk. As a relatively new market, many aspects remain uncertain. To help users navigate this space, we’ve compiled detailed guides and expert advice. Unlike online slots—which rely on Random Number Generators—prediction markets depend on real-life events. Because life can be unpredictable, users also expect the apps to be reliable and stable. Most prediction market platforms fall into one of two categories: Order Book models or Buy-and-Sell interfaces. The former operates similarly to a traditional trading exchange, while the latter offers a simple YES-or-NO ticket system. Q: How are these platforms regulated? The regulatory framework is complex, involving both federal and state authorities. At the federal level, the Commodity Futures Trading Commission (CFTC) oversees prediction markets as part of its mandate to regulate the U.S. derivatives market. Its role includes ensuring market integrity, verifying contract compliance under the Commodity Exchange Act, and preventing fraud. However, individual states retain substantial authority through their respective gambling regulators. Even federally compliant platforms must adhere to state-specific rules regarding how services are marketed and offered to residents. Certain states scrutinize platforms that directly compete with local sportsbooks, especially when contracts resemble conventional sports wagers. For example, Michigan has publicly challenged such platforms and pursued legal action to limit their operations within the state. Q: Could these platforms pose a direct threat to the broader gambling industry? The answer is nuanced. It largely depends on what’s accessible and permitted in each jurisdiction. Availability varies significantly across locations. Users should stay informed about evolving federal and state regulations, as rules can change rapidly and impact which markets a platform supports. Alternatively, they can follow Casino.org for timely updates as conditions shift. Given the novelty of this market, industry responses remain highly volatile and unpredictable. Still, human nature drives a persistent urge to gamble and speculate. As regulators work to keep pace with innovation, new entrants emerge, offering fresh opportunities that cater to consumer demand. At Casino.org, we only promote prediction market apps we can verify. Our Chief Gaming Officer, Alex Korsager, personally audits our content against actual platforms. If any discrepancies arise, he contacts the operators directly—ensuring our audience receives accurate, up-to-date information. Q: Are there meaningful differences among the available sites? While all platforms operate under similar regulatory frameworks and core mechanics, notable differences exist in user experience due to variations in bonuses, event coverage, and interface design. For instance, Kalshi delivers the most seamless overall experience; Crypto.com excels for crypto enthusiasts; Underdog appeals to fantasy-focused users seeking bonus entries; and Novig stands out as the top fee-free, exchange-style sports prediction app. 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.
From a $25 Loss to a $14,000 Gambling Spiral: Ontario Man Shares Recovery Journey
(AsiaGameHub) - A 22-year-old from Ontario recently spoke with the CBC about his path to recovery, recounting how a minor $25 wager escalated into a $14,000 loss in just one night last year. He chose to remain anonymous to protect his future career opportunities following his past difficulties. The downward spiral began after he lost an initial $25 bet on a hockey game where the Montreal Canadiens lost to the Toronto Maple Leafs. In an effort to win back his money, he turned to an online casino app to play blackjack. “We were out drinking and having a good time, but… every time I went to the restroom, I was attempting to recover what I had lost—and I was essentially just digging a deeper hole for myself,” he remarked. The night ended at his home, where he depleted the remaining $2,000 in his bank account. “I felt completely isolated and was unsure of how to move forward,” he admitted. “I felt like I had failed myself, as well as my parents and my girlfriend.” He eventually found help through the Center for Addictions and Mental Health in Toronto, undergoing weeks of therapy that included group sessions with others facing similar challenges. He has now been gamble-free for over a year. “I think I always understood deep down that… eventually, the house wins,” he said. Never Give Up: Healing is Possible A study conducted by Mental Health Research Canada last year revealed that 9.1% of active bettors in Canada suffer from a gambling disorder. Noah Vineberg, a resident of Ottawa, also shared his story of redemption with CasinoBeats. Having lost $1 million primarily through sports betting, Vineberg offered some encouraging words for those currently battling addiction: If I could go back and speak to myself on the day I nearly gave up, I’d say: You have no idea what the future holds, but you know you want to be the one to make it happen, and you will never forgive yourself if you walk away. My message to anyone struggling is that empathy is vital. The most difficult tasks you undertake will also be the most fulfilling. The easy path will always lead to regret. Recovery is the greatest gift you can give yourself. Cherish it and respect it. Do not take it for granted. These personal narratives can offer hope to others. Another bettor from the UK, who remained anonymous, shared a similar experience with CasinoBeats. “I lost an initial £10,000 and then roughly another £10,000 after that,” he explained. “The biggest issue was chasing losses. I would wager on sports, and if I lost, I would go to an online casino to play roulette or blackjack in hopes of winning it back. Then I’d lose there and keep gambling even more to try to recover.” His story also resulted in a positive outcome. “I searched the internet for debt relief options,” he said. “I found an organization called StepChange, and they were fantastic. They contacted my creditors, froze the interest on my loans, and helped me establish a repayment schedule.” CasinoBeats believes in the importance of regularly sharing these stories of redemption because recovery is attainable. Do not lose hope or hesitate to seek help. Editor’s note: The National Problem Gambling Helpline is 1-800-522-4700. It serves as a resource for individuals who may be struggling with gambling addiction, as well as their families. 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.
DraftKings Reports First Quarter 2026 Revenue Growth
(AsiaGameHub) - DraftKings Inc. has announced its financial results for the first quarter of 2026, reporting revenue of $1.646 billion, marking a 17% increase compared to the $1.409 billion recorded during the same period in 2025. Here Are Some Important Numbers Notably, monthly unique payers (“MUPs”) declined by 4% year over year to 4.2 million for the three months ended March 31, 2026. This decrease was primarily due to a drop in Lottery MUPs following the company’s exit from Texas in 2025. Excluding Lottery, MUPs increased by 2% compared to the same period in 2025, driven by strong customer retention and acquisition across DraftKings’ Sportsbook and iGaming offerings, according to a company statement. Average Revenue per MUP (ARPMUP) grew 21%, or $23, to $131 for the three months ended March 31, 2026, compared to the prior-year period. DraftKings attributed this growth mainly to improved Sportsbook Net Revenue Margin. Sportsbook revenue rose 24.1% year over year to $1.09 billion in the quarter, despite a 1.5% increase in betting handle to $14.08 billion, as the margin expanded from 6.4% to 7.8%. Meanwhile, iGaming revenue grew 8.9% to $461.3 million, accounting for approximately 28% of total group revenue and highlighting the segment’s rising significance to DraftKings’ business. Officials Comment on the Report Jason Robins, CEO and co-founder of DraftKings, stated that the company had delivered a “fantastic start” to the year, with Q1 results exceeding expectations. He emphasized that the core business remained robust and profitability was improving, providing resources to strengthen DraftKings’ position in Predictions. Robins also noted that DraftKings aims to secure a leadership role in Sports Predictions before the end of the year. He explained that the company will leverage its Super App, market-making capabilities, proprietary exchange, and combo products to achieve this objective. However, DraftKings will continue to focus on other parts of its product range, as demonstrated by its recent plans for Alberta. Meanwhile, Alan Ellingson, CFO of DraftKings, said the business continued to scale efficiently through revenue growth, expanding profitability, and investment in high-return opportunities. He reaffirmed that the company expects fiscal 2026 revenue to be between $6.5 billion and $6.9 billion, with Adjusted EBITDA projected to reach $700 million to $900 million. DraftKings will host a conference call and audio webcast on May 8, 2026, from 8:30 a.m. to 9:15 a.m. ET, where management will review the company’s results and discuss business performance. In related news, a hacker who compromised more than 60,000 DraftKings accounts was recently sentenced to prison and ordered to pay over $1.3 million in restitution. 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.
Connecticut Legislators Approve New Sports Betting Regulations
(AsiaGameHub) - Connecticut lawmakers have approved two gambling-related bills that are now moving to Governor Ned Lamont for his signature. House Bill 5229 and Senate Bill 296 address the same issue using different approaches. Their goal is to increase supervision of the state's gambling sector, minimize possible risks, and guarantee that rules evolve alongside industry changes. Protecting Young People Remains a Priority House Bill 5229 zeroes in on advertising at colleges. The proposed legislation seeks to ban sportsbook marketing within college athletic facilities and on digital platforms managed by universities. Although colleges can still engage in general branding and sponsorship deals, betting ads directly targeting students will be subject to fresh restrictions. Legislators believe this step will help establish a distinct boundary between academic institutions and gambling activities. Betting firms have increasingly targeted college campuses for their marketing campaigns, with studies indicating that students are feeling bombarded by these ads. The state intends to lower the rate of early gambling involvement among young people, particularly those who are underage, by limiting their exposure to such content. Controversy Surrounds Prediction Markets Although previous drafts of House Bill 5229 contained tighter regulations regarding customer withdrawals, those clauses were stripped out. The enacted bill now emphasizes restrictions on advertising, availability of support services for consumers, and an investigation into prediction markets. The Department of Consumer Protection and the attorney general’s office will analyze the impact of these platforms on residents. Connecticut has already expressed caution regarding prediction markets. The state previously sent cease-and-desist notices to entities such as Kalshi, Crypto.com, and Robinhood, accusing them of facilitating unlicensed sports wagering. This upcoming study will look into participation by individuals under 21, the effect of these platforms on compulsive gambling, and if they siphon revenue away from authorized operators. Penalties for Insider Betting Have Increased Senate Bill 296, on the other hand, is designed to uphold the integrity of sports betting. This revised law explicitly bans match-fixing, collusion, and the use of confidential information for wagering purposes. It places particular emphasis on local teams, especially collegiate squads, where players might be more vulnerable to external influence. The bill introduces harsher punishments and more precise language to seal existing loopholes in regulations. Under this legislation, breaches of integrity will be classified as felony offenses, punishable by imprisonment and fines. Coupled with House Bill 5229, these bills indicate Connecticut's preparedness to tackle emerging issues in the sports betting landscape, including intense marketing and new wagering methods. It is broadly anticipated that the Governor will sign both measures into law. 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.
BGaming’s Ultras Slot Game Captures the Intense Edge of Soccer Culture
(AsiaGameHub) - BGaming has launched a new slot titled Ultras , which shines a light on soccer fan culture, showcasing both the fervor of supporters and the intense, gritty energy linked to the sport. Ultras Metrics Rows: 4 Reels: 5 Paylines: 100 RTP: 97% Volatility: Medium Min/max bet: 0.20/50 Max win: 5,000x There Is No Neutral Ground The Ultras game from BGaming drops players into a stadium environment where emotions are reaching a boiling point. Supporters of the Red and Blue teams are agitated and prepared to confront each other and the police. With rising tensions, players must choose which side to support. Spinning the reels in Ultras allows players to gather symbols depicting different soccer fanatics. Certain symbols show fans using speakers to cheer, while others wield broken bottles, poised for a fight with rival supporters. Dark visuals are combined with sharp graphics and smooth animations to intensify the feeling of stadium unrest. Where the Real Trouble Starts Among the various features in BGaming's Ultras are expanding wild symbols that can fill an entire reel, significantly boosting the potential for wins. The main action, however, begins when six or more bonus symbols appear, activating the Hold & Win Bonus game. This triggers an explosion of fan frustration, depicted through clashes with police, which awards three random multipliers between 2x and 15x. These multipliers are then placed randomly on the grid. In this bonus round, only bonus symbols with fixed values are collected. Players begin with three spins, and the spin count refreshes whenever a new bonus symbol lands. Gathering these symbols fills a Progress Bar, which can activate a 2x or 3x multiplier for all bonus symbols on the grid. For those eager to skip straight to the action, the Buy Bonus feature offers instant access to the Hold & Win round (where permitted). Players can also use the Chance x2 feature to increase their odds of landing bonus symbols. BGaming Decided to Focus on an Unexplored Topic According to Nikita Zavadsky, BGaming’s custom games product owner, the soccer subculture is an unconventional theme rarely seen in slots. He noted that it possesses a "raw, authentic energy" that resonates with fans. Elements like the wanted stars system and animated confrontations are designed to enhance the realism of the gameplay. The final product is a slot that aims to offer a fresh experience for traditional Hold and Win enthusiasts and introduce a unique offering to the #Entertainment category. Nikita Zavadsky, custom games product owner, BGaming This release follows BGaming's recent game, Clash of Gods: Anubis vs Hades, which lets players wager on a battle between two underworld deities. 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.
Japanese Online Casino Debt Reaches $69,000
(AsiaGameHub) - Online casino usage is growing rapidly in Japan, despite recent high-profile crackdowns and increasingly severe penalties for both gamblers and operators. These findings come from a major new study commissioned by the Japanese anti-gambling NGO, the Society Concerned About Gambling Addiction (SCGA). The SCGA provides counseling services to individuals struggling with gambling addiction. For its research, the organization surveyed over 460 people across Japan. The study revealed that the average debt accumulated by online casino users has surged by 140% over the past four years, reaching 10.84 million yen ($69,000). “This amount exceeds double the average annual income of a salaried worker—approximately 4.6 million yen [$29,000],” the researchers wrote. “The level of gambling-related debt now threatens not only individual lives but also the economic stability of entire households.” It remains illegal to operate or participate in online casinos within Japan. Additionally, accessing overseas-based online casinos from Japanese territory is considered a criminal offense. The study also found that many addicted online gamblers are resorting to crime to fund their habits. Data shows that online casino users are statistically 10% more likely to be arrested than non-users. Most Online Casino Users in Japan Are Young Men According to the authors, the vast majority of online casino users in Japan are men aged 20 to 39. Those in their 20s make up 37% of users, while those in their 30s account for 35%, with 96% of all users being male. However, the data indicates a sharp rise in youth gambling. The number of teenage users has increased sixfold since 2022, and 6.5% of university students surveyed admitted to being addicted to online casinos. The average age at which underage users place their first bet is 17, according to the data. The research also shows that desperate online gamblers often turn to their parents for financial help. Over 90% of gambling addicts reported borrowing money from their mothers and fathers to repay debts, with an average loan amount of $57,000. “Gambling addiction is becoming more widespread because there is a lack of awareness that anyone who gambles can develop an addiction,” the authors noted. They emphasized that gambling addiction “is a disease that cannot be cured without proper treatment.” The authors added that educational lectures and financial management programs have proven ineffective, and suicide rates linked to youth gambling are on the rise. The SCGA criticized Tokyo’s plans to approve the development of three integrated casino-resorts. A government building in Tokyo, Japan. (Image: Yosuke Ota) The first of these resorts, MGM Osaka, is scheduled to open in 2030. “With the opening of the Osaka casino approaching, there is a critical shortage of measures to combat gambling addiction,” the NGO concluded. ‘Just the Tip of the Iceberg’ According to recently released figures from the National Police Agency, authorities investigated 158 online casino-related gambling cases in 2025—a threefold increase compared to 2024. Police officials describe this figure as “likely just the tip of the iceberg.” The agency estimates that approximately 3.37 million Japanese residents have “experience with online casinos.” Officials estimate total annual betting on illegal platforms at around 1.2 trillion yen ($7.7 billion). Japanese newspaper Kochi Shimbun reported that the Ministry of Internal Affairs and Communications has responded by establishing an expert working group tasked with drafting “more effective deterrent measures.” Sources familiar with the working group say experts have discussed various geo-blocking strategies aimed at restricting access by Japanese users to popular overseas casino websites. 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.
Wynn Announces Plans for a New Macau Hotel Amid High Occupancy at Wynn Palace
(AsiaGameHub) - Wynn Resorts has announced plans to develop a new hotel in Macau, driven by consistently high occupancy rates at its existing Wynn Palace property in Cotai. The upcoming tower will include 432 rooms and is slated for completion in early 2029. The New Tower Will Add 432 Rooms The project was revealed concurrently with the company’s Q1 financial results. The new structure will enhance the overall Wynn Palace integrated resort, enabling the brand to accommodate a greater number of guests. Named The Enclave, the new hotel will feature approximately 432 rooms, increasing Wynn Palace’s total room inventory by 25% and its suite offerings by 50%. It will be situated adjacent to the east entrance of the current Wynn Palace complex, company officials confirmed. Construction is expected to begin later this year and will require an investment of between $900 and $950 million, according to Wynn Macau. The company aims to finish construction and open The Enclave in early 2029. Not a “Speculative Bet” The decision to build The Enclave stems directly from the strong occupancy performance at Wynn Palace. Craig Billings, CEO of Wynn Resorts, stated that the project “makes sense” given that Wynn Palace recorded a 99.1% hotel occupancy rate in the first quarter of 2026. Billings emphasized that this is not a speculative venture but a measured response to demonstrated market demand. The company forecasts that the new tower could generate up to $400 million in additional annual revenue and $150–175 million in incremental adjusted EBITDA. Billings noted that The Enclave will feature minimal non-EBITDA-contributing amenities and that its close integration with the existing Wynn Palace facility is expected to yield strong operational flow-through. He described the project as a “no-brainer” for the company’s leadership team. Separately, Wynn Resorts released its first-quarter financial results, reporting robust growth in revenue and profit, fueled by strong performances in key markets including Las Vegas and Macau. Earlier reports had indicated that the conflict in Iran might delay the company’s UAE-based project, Wynn Al Marjan Island. 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 Korean Teens Sent to Jail for Jewelry Theft to Cover Gambling Debts
(AsiaGameHub) - A court has sentenced two South Korean teenagers with a gambling addiction to prison for stealing a gold bracelet from a jeweler in order to settle debts from betting. As reported by the South Korean broadcaster MBC Gwangju, a division of the Gwangju District Court convicted the two individuals, who were not named for legal reasons, of theft and unlicensed driving. According to prosecutors, the two acted as shoppers. A 19-year-old high school student, one of the pair, requested to examine a gold bracelet valued at 30 million won (approximately $21,000). The 19-year-old is said to have diverted the jewelry store employee's attention, then took the bracelet and ran from the shop. Their partner, a 17-year-old high school student, was waiting outside in a vehicle. After fleeing the location, the 19-year-old subsequently sold the bracelet. Prosecutors informed the court that the proceeds were used to clear gambling debts. Gambling-Addicted South Koreans Get Jail Time The pair received prison sentences ranging from six months to one year from the presiding judge, Seo Ji-hye. During the sentencing, Judge Seo stated: “The defendants committed the offense to pay back debts from unlawful online gambling. Although the [jewelry store] owner's losses have not been entirely compensated, the court has considered the defendants' youth.” South Korea is experiencing a growing epidemic of youth gambling. A study last year revealed that nearly 5% of adolescents in Daejeon are hooked on online gambling. Central Daejeon, South Korea. (Image: Yoo Chung [CC-BY-SA-3.0]) Teenagers are also placing bets on Sports Toto using counterfeit or stolen identification. Toto is the government-authorized sports lottery system in South Korea. Government officials state that the nation's illegal gambling industry is currently valued at about $65 billion. Gambling Awareness Campaign Authorities state they are taking action. On May 6, the Seoul Metropolitan Police Agency announced a collaboration with the Seoul Metropolitan Office of Education to increase understanding of the risks associated with gambling addiction. The two agencies have decided to produce videos and online advertising initiatives. As reported by the South Korean media outlet Newsis, these materials aim to “help young people recognize the dangers of cyber gambling.” The campaign videos and advertisements will feature the cautionary statement: “A single click could be the start of a lifetime of online gambling.” The organizations stated the ads and videos will be displayed on screens in buses and subway stations. They will also be shown on monitors in apartment building elevators and libraries. “Preventing cyber gambling starts with young people cultivating critical judgment. These abilities will enable them to independently identify and steer clear of risks,” explained Acting Superintendent Kim Cheon-hong of the Seoul Metropolitan Police Agency. Kim added: “We will enhance awareness by providing tailored prevention messages that address the [gambling opportunities] students commonly come across.” 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.
Campaign Insiders Use Nonpublic Polling Data to Reap Large Gains on Prediction Markets
(AsiaGameHub) - Campaign employees are reportedly leveraging poll data they receive as part of their jobs to place bets on prediction markets, resulting in significant financial gains. These staffers gain access to poll data before it is publicly released. Once published, these polls can influence the odds on prediction market platforms like Polymarket. The practice involves staff members trading on these markets before a poll's release and then cashing out once the market odds shift accordingly. An individual working anonymously for a statewide campaign in the Southern United States shared with NPR how they have successfully used this strategy to earn thousands of dollars. In one instance, a newly released poll indicated a substantial lead for a particular candidate. Despite the campaign staff's skepticism about the poll's accuracy, they anticipated that its public release would cause a significant shift in the odds on prediction markets regarding that candidate's election victory. “Myself and others started placing bets before that poll came out,” the staffer disclosed. “And then, sure enough as soon as that poll came out, the stock went up and everybody made money.” The staffer mentioned that they personally profited thousands of dollars from trading on a single market alone. Staff Admit It's "Foolish Not to Profit" From Insider Information “Because you have all this information and knowledge that isn’t publicly available yet, it’s almost foolish not to bet on it before it’s made public,” the staffer stated. However, if discovered, these individuals could face penalties from the prediction market platforms where they traded, as well as potential legal prosecution. While the exact definition of insider trading remains somewhat ambiguous, lawmakers are increasingly pushing for clearer regulations to prevent further scandals. The US Senate has recently enacted a rule barring Senators from trading on prediction markets, but this prohibition does not currently extend to campaign staff. There are also ongoing calls for the Commodity Futures Trading Commission (CFTC) to adopt a more assertive stance. Rep. Ritchie Torres has announced his intention to introduce legislation aimed at strengthening the rules governing campaign insiders trading on political prediction markets. Prediction markets cannot be a backdoor for campaign insiders to profit off nonpublic polling, strategy, and fundraising data. I will be introducing legislation to ban insider trading on political event contracts and require platforms to detect suspicious campaign-affiliated… https://t.co/wz6w5UW3cA— Rep. Ritchie Torres (@RepRitchie) May 7, 2026 The Fight Against Insider Trading The campaign staff acknowledged trading on Polymarket and another prediction market platform, PredictIt. Following a series of controversies, Kalshi and Polymarket updated their insider trading policies in March. Polymarket has stated that it now prohibits users who have the ability to influence the outcome of an event from trading on those specific markets. Furthermore, the platform has declared that it forbids trading based on stolen confidential information and illegal tips. The company elaborated on what constitutes trading on stolen confidential information, specifying that “participants may not trade on any contract if they possess confidential information about the outcome or likely outcome of the underlying event, where using that information would violate a preexisting duty or obligation of trust or confidence owed to another person or entity.” Was This Insider Trading? It remains unclear whether the political campaign staff were explicitly instructed not to trade on prediction markets. If an individual trades using privileged information and has an obligation not to disclose or misuse it, this would be considered insider trading by the CFTC, according to former regulator Carl Kennedy, who spoke to CasinoBeats. Kennedy also highlighted that “If you are a registered exchange … one of your roles is also to be a regulator deputized by the CFTC to police your own market.” Polymarket played a role in the arrest of US soldier Gannon Van Dyke for betting on the capture of Nicolas Maduro, an operation in which Van Dyke was directly involved. Despite this, the platform continues to facilitate trading on wars and conflicts, even though these activities are expressly prohibited by CFTC regulations. When contacted for comment on whether campaign staffers trading on election outcomes violates the platform’s rules, the company did not respond. Another former CFTC employee, Jeff Le Riche, suggested that the campaign staff's employment agreements would determine if their trades contravened the organization's regulations. “There’s probably a pretty good argument that they’re using information that they’re not supposed to use for their benefit,” Le Riche commented. This situation underscores the challenges in regulating individuals who trade on prediction markets and is likely to bolster the argument against allowing election betting altogether. 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.












