Flutter posts $4.30 billion Q1 revenue as net profit falls 38%

(AsiaGameHub) -   Flutter Entertainment reported higher first-quarter revenue, but costs associated with FanDuel, prediction markets, Brazil, and US expansion negatively impacted profits and guidance. Key Takeaways Flutter Entertainment Q1 revenue increased 17% to $4.30 billion. Net income declined 38% to $209 million, while operating profit dropped 66%. FanDuel Predicts secured sports contracts in 18 states where online sports betting remains unregulated. Flutter Lowers Full-Year Guidance as FanDuel Investments Remain High While Flutter Entertainment achieved group-level growth in Q1, the financial results revealed a more challenging picture. The company, owner of FanDuel, Paddy Power, and Betfair, recorded net income of $209 million for the three months ended March 31, down 38% from the previous year. Revenue reached $4.30 billion, up 17%, driven by iGaming expansion and new partnerships in Italy and Brazil. However, adjusted EBITDA grew only 2% to $631 million, while operating profit fell sharply by 66% to $76 million. Management also reduced its full-year 2026 guidance. Flutter now projects revenue of $18.305 billion and adjusted EBITDA of $2.865 billion, down from earlier estimates of $18.4 billion and $2.97 billion, respectively. The company cited unfavorable sports outcomes in Q1, launch costs related to Arkansas, and operational changes at PokerStars North America as contributing factors. CEO Peter Jackson acknowledged the quarter’s progress but emphasized the need for greater consistency from FanDuel. “Flutter’s Q1 performance was encouraging, with group revenue increasing 17% year-on-year,” said Chief Executive Officer Peter Jackson. “While we made good progress during the quarter, there remains more to do to ensure the improving US sportsbook trends continue.” FanDuel generated $1.763 billion in US revenue, up 6%. Sportsbook revenue rose modestly by 1%, while iGaming revenue surged 19%. Flutter noted an improvement in customer engagement throughout the quarter, with average monthly active players shifting from a 5% decline in January to 1% growth by March. Prediction markets are now fully integrated into the FanDuel strategy. Flutter anticipates that 2026 losses from this segment will reach the upper end of the previously projected $250 million to $300 million adjusted EBITDA investment range. FanDuel Predicts has expanded nationwide to offer financial, economic, and commodities contracts, and launched sports-related prediction products in 18 non-sportsbook states—including California, Texas, and Florida. In April, Flutter introduced the unified “One App” FanDuel platform. Users in states with regulated sports betting, as well as those in states without such regulations who access prediction markets, can now use a single app to access both services. Jackson described prediction markets as “a very attractive, incremental opportunity”. He added: “Our in-house expertise and capabilities position us strongly to capitalize on this opportunity in the long term.” Outside the US, Flutter delivered a notably stronger performance. International revenue climbed 27% to $2.541 billion. Southern Europe and Africa saw revenue jump 110% to $940 million following the acquisition of Snai in Italy, while Brazil revenue soared 722% after integrating Betnacional. Brazil continues to be a strategic priority ahead of the FIFA World Cup. “We are investing with conviction in Brazil,” Jackson stated. “We believe this is a market where we can build a local champion over time. We will soon integrate our proprietary pricing systems, launching a top-tier parlay product and enhancing promotional offers ahead of the World Cup.” Flutter also restructured leadership within its US operations. Dan Taylor, newly appointed CEO of Flutter International, now serves as President of Flutter Entertainment and oversees FanDuel. Christian Genetski will take charge of the US business following Amy Howe’s departure. Citizens analysts observed signs of strain in the US operation despite international gains. “The business is showing signs of cracks, which we believe are not necessarily structural,” the analysts commented. “The World Cup and prediction market investments now present significant challenges for the US business.” Citizens forecasts suggest approximately 72% of Flutter’s projected 2026 US EBITDA will need to be delivered in the fourth quarter. Despite this, the brokerage maintained its “Market Outperform” rating and described Flutter as “dramatically undervalued.” 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.

Hurricanes vs. Flyers Odds, Picks & Predictions for Game 3 on Thursday, May 7

(AsiaGameHub) -   The Carolina Hurricanes aim to extend their perfect playoff run as they face the Philadelphia Flyers tonight. Game 3 is scheduled for 8 p.m. ET and will air on TNT and truTV. The Hurricanes have won all six of their postseason matchups so far, having swept the Ottawa Senators and taken a 2-0 series lead over the Flyers. DraftKings lists Carolina as the -166 road favorite, with the game total set at 5.5. Currently, 63% of the moneyline handle and 42% of tickets favor Philadelphia. Top Bet for Hurricanes vs. Flyers: UNDER 5.5 (-142) While the odds carry slightly more risk than ideal, pairing this selection with a side or player prop—as was successful in Game 2—can be a smart strategy. Despite Philadelphia’s early two-goal lead in Game 2, the UNDER 5.5 held up after Carolina secured a 3-2 overtime victory. Both starting goaltenders—Dan Vladar and Freddie Andersen—have delivered standout performances throughout the playoffs. Andersen remains undefeated at 6-0, boasting a 1.02 goals-against average and a .958 save percentage, including a 34-save outing in Game 2. Vladar posted 39 saves in a losing effort on Monday and carries a 1.89 GAA with a .929 save percentage into tonight’s contest. Stick with the UNDER 5.5 for this matchup. Top Player Prop for Carolina Hurricanes Logan Stankoven OVER 2.5 Shots (-155) Logan Stankoven has been consistently aggressive on net during the postseason, averaging 4.5 shots per game and leading the Hurricanes with 27 total shots. He has also contributed six goals and seven points, driving Carolina’s offensive output. Notably, Stankoven has surpassed this shot threshold in every playoff game this year. If the price feels steep, consider the alternative of OVER 3.5 shots at +155. Top Player Prop for Philadelphia Flyers Sean Couturier OVER 0.5 Goals (+400) Sean Couturier scored his first goal of the postseason in Game 2. COUTURIER makes it 2-0 FlyersGood wall playLittle help from RefAggressive Canes leave openingCouturier all aloneex NHL Video Coach Breaks it Downhttps://t.co/0NidcO4CUH pic://t.co/RIQLfhIx7U— Petey (@spetershockey) May 5, 2026 Couturier leads the Flyers with 21 total playoff shots, including 10 against Carolina, and has generated five high-danger scoring chances—making his lack of goals prior to Game 2 somewhat surprising. Given his consistent shot volume, expect him to find the net more frequently as the series progresses. 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.

Bali Police in Indonesia Arrest 35 Indian Nationals in Online Gambling Syndicate Operation

(AsiaGameHub) -   Police in Bali, Indonesia have charged 35 Indian nationals with running an online gambling syndicate. All 35 suspects, including a suspected mastermind identified as PS, have been charged with illegal betting and organized crime-related offenses, according to the Indonesian media outlet JPNN. Bali prosecutors are now considering whether to formally indict the suspects, stated Senior Commissioner Azhari Kurniawan, Director of Cyber Investigation at the Bali Regional Police. The developments follow raids on two villas in Bali on March 3. Police received intelligence in late February indicating that these villas were being used as operational hubs for what they described as "a major online gambling site." Based on this information, authorities carried out two simultaneous raids targeting locations in Canggu and Munggu within the Badung District of North Kuta. Both areas are known for their popularity among foreign tourists. A police vehicle in Bali, Indonesia. (Image: Sabung.hamster/BxHxTxCx [CC BY-SA 4.0]) Indonesia: Bali Police Investigate Potential Money Laundering Links Officers compiled digital evidence and "mutually corroborating witness statements" to identify the suspects. Detectives described the syndicate as "highly organized," with some arrestees holding technical roles while others served as account managers. Others were allegedly involved in financial transactions connected to international networks. Authorities seized numerous computer devices, servers, mobile phones, and other equipment. The confiscated materials suggest "huge, systematic online gambling activities," police said. However, police have not disclosed the identity of the gambling site in question. They estimate the site generates approximately $500 in monthly profits. During the raids, police arrested four additional Indian nationals, all of whom have since been released. All suspects were in Bali on tourist visas. 'A Wider Network' Azhari stated that the investigation remains ongoing. He noted that detectives are still examining "the possibility of a wider network" being involved. Officials suspect the site may be linked to cross-border money laundering operations. Police warned the public that as Bali’s "international tourism boom" continues, so does the "real threat of cybercrime." In recent months, Bali-based courts have sentenced several young female social media influencers for promoting online casinos through their Instagram pages. These influencers reportedly received payments from gambling promoters they met online. Meanwhile, courts across the country report that online casino use is contributing to a rise in divorces. Authorities say that gambling addiction damages family finances and erodes trust between partners. 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.

Online Casino Promoters Seize Control of Russian University’s Former Website

(AsiaGameHub) -   Online casino promoters continue to target Russian state-owned public organs, exploiting expired domains. They recently seized control of the former website of the State Agrarian University of the Northern Trans-Urals (GAUSZ), a higher education institution run by the Ministry of Agriculture in Tyumen, Russia. Founded in 1959, GAUSZ completed a merger with nearby Tyumen State University last year, as reported by Russian media outlet Nash Gorod. The two institutions now operate under a shared website. Recognizing this change, online casino promoters waited for the domain registration of the old GAUSZ site to expire before purchasing it and relaunching it as a Russian-language casino portal. Nash Gorod reported that, as of last week, the portal still contained university-related content on its pages. However, CasinoBeats observed on May 7 that the operators had since removed all materials associated with GAUSZ. Instead, the site now offers discount codes for various illegal Russian-language online casinos and slots platforms. The former website of a Russian university is now used as an online casino portal. Online gambling is illegal in Russia. (Image: Screenshot/CasinoBeats) Russian University Website Hijacked by Online Casinos Some of these platforms appear to display logos from Russian bookmakers that hold valid licenses. The site also features what seems to be fabricated analytics data about the odds of popular illegal slot games. The portal claims to provide links to “certified online casinos” that have been granted permission to conduct gambling operations. Under Russian law, both using and operating online casinos are criminal offenses. Nevertheless, the site’s creators also state they link to mirror sites of “well-known gambling establishments” via “hacked software.” Tyumen State University clarified that neither it nor GAUSZ has any connection to the old domain or the content currently hosted on it. The main entrance of the Tyumen State Agricultural University in Tyumen, Russia. (Image: Alexander Belyaev [CC BY-SA 3.0]) Promoters Rapidly Claim Expired Domains Such incidents have become increasingly common in Russia. In 2024, a similar takeover occurred with the former website of the Khanty-Mansi Autonomous Okrug government, drawing widespread criticism. “They’re probably trying to get us to place bets instead of paying out social benefits,” remarked a local resident on social media—a comment that quickly went viral. At the time, several government agencies continued to list links to the casino-occupied website, even after the domain was compromised. The Khanty-Mansi Autonomous Okrug authorities admitted they had “forgotten to remove the link to the old website.” This year, online casino operators took over the former city website of Yakutsk. Similarly, in Kyrgyzstan, promoters recently seized a site previously owned by a state-run trading company. 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.

Martin Scorsese and Oscar Isaac Join Forces for New Netflix Casino Drama

(AsiaGameHub) -   Iconic director Martin Scorsese and actor Oscar Isaac are formally collaborating on a high-stakes Las Vegas casino drama series for Netflix. The streaming service has greenlit the 8-episode drama, which currently lacks an official title. “Sin City is reaching out — and Oscar Isaac is ready to respond,” Netflix stated in a press release. The platform noted the series “dives into the high-stakes realm of Las Vegas casinos.” Isaac, fresh off his role in Beef Season 2, will portray Robert “Bobby Red” Redman, the head of Las Vegas’ most prosperous hotel-casino. Set in present-day Vegas, the series follows Redman as he “must make risky, long-shot moves to try and solidify his position and expand his influence.” High-Profile Production Cast Netflix announced Scorsese will serve as an executive producer on the project. Over three decades have passed since the seasoned director released his film Casino. That landmark movie drew from the real-life story of Frank Rosenthal, also known as “Lefty,” who managed multiple Las Vegas casinos for the Chicago mafia between 1968 and 1981. Scorsese has also acted as an executive producer on the Atlantic City-set Boardwalk Empire and Paul Schrader’s 2021 film The Card Counter, where Isaac starred as an Atlantic City gambler. At 83, the veteran filmmaker remains deeply engaged in the entertainment industry. He recently teamed up with Steven Spielberg as an executive producer on Cape Fear, set to debut soon on Apple TV. Brian Koppelman and David Levien will take on roles as writers, showrunners, and executive producers for the new series. The duo rose to fame with their screenwriting debut, the cult poker thriller Rounders, and also penned the Vegas-set Ocean’s 13. Beyond Isaac, Netflix has not confirmed any other cast members yet. In addition to playing the lead role, Isaac will serve as an executive producer alongside Scorsese. Other executive producers include Sikelia Productions, Julie Yorn and Rick Yorn for Expanded Media, Paul Schiff, and Beth Schacter. Netflix Betting on More Gambling Productions This production is the latest addition to Netflix’s lineup of gambling-related projects. The streaming giant hopes the new series performs better than last year’s Ballad of a Small Player. That drama, starring Colin Farrell as a gambling addict in Macao, received average reviews, with a 49% rating on Rotten Tomatoes. Netflix has also commissioned a Korean gambling drama, The Dealer, created by the team behind the hit Squid Game. The project, featuring some of South Korea’s top actors, is currently in production. Netflix did not confirm a release date for the new Vegas-set drama but urged fans to keep their eyes “on the roulette table for more information as the series enters production.” 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.

A Catholic Man Reflects on Sports Betting

(AsiaGameHub) -   A recent study conducted by Ohio State University revealed that Catholic men are the most likely to engage in sports betting—a finding that brought me an unexpected sense of pride. Strange, but true. I graduated from St. John’s Academy in Plattsburgh, N.Y., where our senior class consisted of 38 students. Despite our small size, we managed to win the school’s first state hockey championship. It was like a “Hoosiers” story, but played on ice. Our school gym served as a gathering spot during our formative years, where we helped set up bingo tables each week. Perhaps those early experiences planted the seeds of gambling in my youth. “If we consider Catholic teachings and the history of practices within parishes, gambling has often been viewed as more morally acceptable—within certain limits,” said Laura Upenieks, co-author of the study. “That mindset appears to carry over into sports betting today.” From personal experience, I can say that many Catholic boys enjoy drinking and gambling—at least that was the case with my group of six close friends, who have remained bonded ever since. We still start our days with a friendly “gambling” competition via text messages, playing Wordle, with the winner earning a symbolic $5 prize. During my senior year, I visited Notre Dame and stood in awe before the famed “Touchdown Jesus” statue, then walked past the “Play Like a Champion Today” sign as I entered the locker room. I felt certain the Fighting Irish would win that day. The final score, however, was Penn State 24, Notre Dame 19. I’ve placed sports bets for over four decades now, and they remain just as enjoyable in my 50s. My guiding principle is simple: “Keep it small, keep it fun.” I’ve never been a +EV bettor—and never plan to be. It’s important to recognize your limits. When North Carolina legalized sports betting in March 2024, I meticulously tracked all my wagers throughout that inaugural year. At one point, I reached a high of $1,400 in winnings. Naturally, I lost it all the following year—but my original $500 bankroll remains active. “The average person isn’t gambling thousands of dollars at once. While hardcore gamblers certainly may be, the typical U.S. adult is not,” said Chris Knoester, another co-author of the study and professor of sociology. Knoester and Upenieks had expected to find a negative link between regular religious service attendance and sports gambling. Instead, they discovered no such correlation, noting that frequent churchgoing can act as both a “protective factor and a lubricant” for sports betting. The latter clearly applies to me—a weekly Mass attendee and Eucharistic Minister. According to the study, there was a 45% probability that Catholic men surveyed had placed a sports bet in the past year. Although Protestants were predicted to be the least likely to gamble on sports, the analysis specifically highlighted Catholics as more inclined to bet on sports than individuals who identified as atheist, agnostic, or having no religious affiliation. Is There a Patron Saint for Gamblers? If you're familiar with Catholicism, you know we take our saints seriously. Over the past two decades, my faith has grown, and I believe in their ability to intercede in daily life. I often call upon the powers of St. Michael, St. Christopher, and Saint Francis. Yet, I had never heard of Saint Cajetan until I searched online for “Is there a patron saint for gamblers?” Born in October 1480 in Vicenza, Italy, to a noble family, he became a lawyer, diplomat, and ultimately a priest. According to tradition, he offered loans to poor people to help them settle gambling debts and supported those seeking good fortune. My prayer to Saint Cajetan is for guidance to help young people navigating today’s society, where gambling has become normalized—even prediction markets now allow users as young as 18 to wager on nearly anything. If your goal is to financialize every aspect of life, as Kalshi CEO Tarek Mansour has stated, you may be missing the bigger picture. We exist for only a brief moment in time, and there is far greater purpose ahead beyond this world. I firmly believe that’s where our true focus should lie. Amen. 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.

Manchester United Signs New Betting Sponsorship Deals Despite Gambling Ban Agreement

(AsiaGameHub) -   Manchester United is expected to name Betway as its new training kit sponsor, even after the club agreed to prohibit gambling-focused sponsorships. This will be the final season clubs are allowed to display gambling companies on their matchday shirts, but the upcoming ban has not stopped teams from signing new deals to promote betting services. The Athletic reports the agreement with Betway could be worth more than £18 million ($24.5 million) per year, which would make it the highest-valued deal of its kind for a single partner in soccer.  If the partnership is finalized, the betting company’s logo and branding will be printed on players’ chests in exactly the same format that the shirt sponsor ban was meant to prevent. The club regularly shares photos of players wearing training kits across its social media channels, and these kits currently have no sponsor branding. All set for Sunday's showdown pic.twitter.com/aDNfFJRary— Manchester United (@ManUtd) May 1, 2026 When announcing that Premier League clubs had voted voluntarily to ban front-of-shirt betting sponsors, the league said the decision was made to reduce gambling advertising. Betway Ranks Among Multiple Manchester United Betting Partners The Betway deal comes after Man Utd signed Parimatch as its official betting partner for parts of Asia, the Middle East, and North Africa at the start of this season. Betfred is also the club’s official betting partner, while the Hong Kong Jockey Club acts as an additional betting-related sponsor for the club. The club is also looking for potential new sleeve sponsors, as its current agreement with DXC is set to expire this summer. United is partnering with marketing agency Two Circles, headed by former United sales manager Leo Thompson, to find the best possible deal for a new shirt sleeve sponsor. It remains unclear whether the club is considering a partnership with another gambling company for this spot. Sleeve Sponsorships With Betting Firms Remain Allowed Under New Rules The ban on front-of-shirt gambling sponsors does not stop teams from displaying gambling companies on their matchday sleeves. Before signing with Man Utd, Parimatch had already partnered with fellow Premier League side Leeds United to become their sleeve sponsor at the start of this season. Other Premier League clubs with gambling sleeve sponsors include Sunderland (LiveScoreBet) and Crystal Palace (Kaiyun Sports), and Kaiyun Sports does not hold a UK operating license. Unlicensed Betting Partners Remain Permitted, For Now The UK government has stated it is considering banning clubs from signing deals with unlicensed gambling companies, but multiple teams still hold active, valid contracts with these firms. In addition to Crystal Palace, Everton’s main sponsor is Stake, which lost its UK license last year. Stake, Bournemouth’s sponsor bj88, and Wolves’ sponsor DEBET, all previously held UK licenses through a white-label partnership with TGP Europe. Even after their licenses were revoked, these companies have continued to appear on Premier League shirts and gain brand exposure during matches. More Training Kit Betting Deals Could Be On The Way Multiple other clubs already have betting sponsors for their training kits right now. For example, Crystal Palace displays Net88 on its team training kits. Daichi pic.twitter.com/dxrZnNoH07— Crystal Palace F.C. (@CPFC) May 6, 2026 Net88 primarily targets Asian markets and has been accused of money laundering and facilitating illegal gambling. However, the company now holds a valid UK license through a white-label partnership with Risq Capital. The ban on front-of-shirt gambling sponsors could cost Premier League clubs up to £80 million in lost annual revenue, but training kit deals, sleeve partnerships and other agreements can help reduce this revenue gap. With clubs continuing to promote betting brands on sleeves, training kits, and other promotional materials, the situation has raised questions about what the front-of-shirt sponsor ban is actually meant to accomplish. 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.

FanDuel CEO Amy Howe Removed as Company Faces Growth Challenges

(AsiaGameHub) -   Flutter has confirmed that Amy Howe is stepping down from her role as FanDuel CEO after five years. Flutter CEO Peter Jackson acknowledged the decision to leave was not Howe’s own and cited FanDuel’s underwhelming performance as the reason for a leadership change. “It’s widely known that FanDuel hasn’t met expectations, but moving forward, we need to put the right team in place to support the business,” Jackson stated. Current President Christian Genetski will serve as interim CEO following Howe’s departure. In a press release announcing the shift, Jackson said, “I’m pleased that Christian will lead the business. He has a strong track record at FanDuel and deep market knowledge, and we are confident he will build momentum and continue strengthening FanDuel’s position as the leading online sportsbook and iGaming operator in the US.” Flutter also announced that Dan Taylor, CEO of its international division, will take on the newly created role of President at Flutter while continuing to oversee the international business. Flutter Feels the Impact of FanDuel’s Challenges The main driver behind Howe’s exit appears to be FanDuel’s stagnation. On the same day Flutter confirmed her departure as CEO, it reported overall 17% growth for the first quarter of the year. FanDuel, however, only saw a 6% revenue increase. The platform performed well in iGaming, with revenue up 19%, but its sportsbook sector struggled—revenue rose by just 1% as betting handle dropped 9%. Adjusted EBITDA fell 26% year-over-year to $119 million, largely due to high customer acquisition costs and a December launch in Missouri that failed to deliver immediate returns. As a result, Flutter’s stock price dropped sharply. After Wednesday’s announcements, it fell by over 10%—and is now down more than 60% from last year’s price. Howe’s Past Comments Hint at Her Departure FanDuel established itself as a market leader as more states legalized sports betting starting in 2018. Under Howe’s leadership, the company took an aggressive approach to profitability. Howe led FanDuel to become the first U.S. mobile sportsbook to achieve full-year profitability in 2023. She identified online casinos as a fast-growth revenue area, and the 19% segment increase this quarter confirms the vertical remains a major contributor to Flutter. However, she also advocated for innovation and quick pivots when things aren’t working. “If I look at my business right now, we are at a very interesting inflection point where what got us to the No. 1 position today will not be what’s going to strengthen our position over the next three, five, 10 years,” she said in an interview two years ago. “Continually evaluating the team structure—what complementary skills do we need to build into the organization? And also sometimes that means making some really tough decisions around certain leaders who may have gotten you here, but may not be the right leaders to take you where you need to be,” she added. Her words now carry a strong sense of irony. What’s Ahead for FanDuel? Flutter blamed the 26% adjusted EBITDA decline on FanDuel’s Arkansas launch and its investment in FanDuel Predicts, a venture that has yet to prove its value. In Arkansas, the company said it was satisfied with early performance but admitted overall: “FanDuel exited 2025 with a smaller customer base than anticipated, which continued to impact growth during the quarter.” On prediction markets, Jackson said the company sees “only a limited cannibalization impact.” He also believes the markets offer “a very attractive, incremental opportunity providing an avenue to acquire customers ahead of sports betting regulation in new states.” FanDuel Predicts has expanded its sports market range and targets users in 18 non-sportsbook states, including California, Texas, and Florida. The company has pivoted to prediction markets after launching FanDuel Picks in those states last year—a move now seen as a misstep. As FanDuel’s former Chief Legal Officer, Genetski will oversee the push into prediction markets, balancing regulatory scrutiny with expansion. Jackson said the company is already using other prediction market platforms to boost trading rather than target new users. “In April, we began trialing market-making services on a major, third-party prediction market platform,” he said during the company’s earnings call. “Early indicators have been encouraging, and we expect to launch our market-making platform 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.

PokerStars Ontario Rebrands Under FanDuel as PokerStars

(AsiaGameHub) -   Flutter Entertainment is integrating PokerStars Ontario into the FanDuel brand, following a comparable adjustment made in the United States earlier this year. Good to Know PokerStars Ontario tables will shut down on Thursday in preparation for the FanDuel relaunch. Player accounts will remain accessible on PokerStars platforms up to June 4. The new Ontario offering will operate under the name "PokerStars Exclusively on FanDuel." PokerStars Ontario Finds A New Home With FanDuel PokerStars players in Ontario are facing a brief shutdown before the brand reemerges via FanDuel. Flutter Entertainment—parent company of both PokerStars and FanDuel—will shut down the existing PokerStars platform in Ontario on Thursday. The relaunch, first announced earlier this year, will house poker, casino, and sports betting services within FanDuel Ontario under the banner "PokerStars Exclusively on FanDuel." The company hasn’t disclosed a final relaunch date as of yet. That said, the new offering should be available within the coming weeks once all regulatory procedures are finalized.PokerStars said on Twitter/X: "We’re transitioning to a new home in Ontario: PokerStars on FanDuel. This requires a short period where the PokerStars tables will close down ahead of relaunch and to ensure we’re fulfilling regulatory requirements. We’re working with regulators on the final launch date." Players can continue to access their existing PokerStars accounts until June 4. Any user who leaves funds in their account beyond that date will get a check sent via mail. This change in Ontario comes after the US rollout in March, when PokerStars moved to FanDuel and added Pennsylvania to the shared poker pool covering Michigan and New Jersey. Flutter aims to link poker to FanDuel’s broader user base, which already uses the brand for sports betting and online casino activities. However, the US transition hasn’t boosted online poker revenue to date. Poker revenues declined in March across the three key US online poker markets.Canada could present a distinct set of market challenges. FanDuel already holds approval in Alberta, where online casino, poker, and sports betting services are set to launch in July. With a population of around 5 million, Alberta may need shared player pools to build a more robust poker market. Ontario has already advocated for shared liquidity with other regulated markets. The Court of Appeal ruled in Ontario’s favor in November, but provincial lottery organizations have taken the case to the Canadian Supreme Court. Post-transition in Ontario, PokerStars on FanDuel will provide a dedicated app and desktop platform. Access will require either an existing FanDuel account or a newly created one, per Canadian Gaming Business. The company is also anticipated to announce welcome bonuses for both current PokerStars players and new FanDuel users. 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.

Roobet Debuts Prediction Markets for Crypto Casino Users

(AsiaGameHub) -   On May 6, Roobet introduced prediction markets to its crypto casino, offering users a fresh way to utilize their accounts outside of traditional casino gaming and sports wagering. Good to Know The Roobet prediction markets launched on May 6, 2026, and are accessible at roobet.com/predictions. Users are able to utilize their existing Roobet accounts, funds, and wallets with no additional registration required. This new offering features real-world outcomes spanning sports, cultural trends, and significant global occurrences. Roobet Integrates Prediction Markets Into Its Primary Platform Roobet has debuted its prediction markets, a feature allowing participants to speculate on real-world events while remaining within the Roobet environment. This rollout positions Roobet in a rapidly expanding sector of online entertainment, where participants engage with sports, culture, and world events as they happen. Rather than launching a standalone site, Roobet incorporated the tool directly into its existing crypto-centric casino and sportsbook infrastructure. Consequently, players can participate using their current Roobet credentials. They can also access the same wallet and balance used for the casino, sportsbook, and other services, eliminating the need for a separate sign-up.According to Roobet, this integration provides instant access, reduces friction, and maintains a unified account experience. For existing users, prediction markets are now available alongside other platform features instead of functioning as a detached service. The firm further noted that this launch establishes Roobet as the first major crypto casino to provide fully integrated prediction markets. The popularity of prediction markets has increased as users seek novel ways to engage with live events. This format combines elements of trading, gaming, and rapid decision-making, particularly during high-profile sports, cultural, or global events. Roobet CEO Matt Duea stated:“Integrating prediction markets into Roobet represents a natural progression for our platform. I am very proud of our team's efforts in launching this feature. “We are thrilled to offer our players a new dimension of engagement and entertainment, particularly as prediction markets continue to gain significant global traction.” 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.

ZEAL Maintains 2026 Outlook After First-Quarter Revenue Reaches €54.3 Million

(AsiaGameHub) -   ZEAL Network SE maintained its 2026 forecast following a quarter marked by rising revenue, reduced profit, and higher expenditures in its games and charity lottery segments. Good to Know ZEAL announced Q1 2026 revenue of €54.3 million, a 6% increase from the €51.1 million recorded in the same period the previous year. EBITDA decreased to €15.5 million due to the group’s increased spending on marketing, personnel, game development, and the expansion of its charity lotteries. The company’s full-year guidance remains unchanged, targeting revenue between €250 million and €260 million, and EBITDA ranging from €70 million to €75 million. ZEAL Maintains Guidance Amid Growth in Games and Charity Lotteries ZEAL continues to identify significant growth potential in the German online lottery market. The group calculates that online penetration stands at around 29%, which is lower than in other European markets. This creates opportunities for Lotto24 and other ZEAL brands to gain more players, even during periods of low jackpot activity. During Q1, average monthly active users increased by 5% to 1.575 million. New sign-ups rose by 11% to 274,000, despite the absence of peak jackpot draws for either Lotto 6aus49 or Eurojackpot in the quarter. The lottery segment continued to be the primary revenue driver. Segment revenue grew by 5% to €48.7 million, while billings edged up by 1% to €268 million. A higher gross margin of 17.8% (versus 17.1% in Q1 2025) helped mitigate the impact of weaker jackpot scenarios.The games segment also contributed to revenue growth, generating €3.9 million – a 14% rise from the €3.4 million in the prior year’s Q1. ZEAL’s B2C games portfolio now boasts over 740 titles, having added approximately 90 new titles since the end of 2025. Profit declined, but ZEAL attributed this drop to planned investments. Marketing costs went up by 13%, and personnel expenses rose by 21%. Net profit after tax decreased to €8.3 million, a drop of roughly 15.5%. The group also noted that Q1 2025 was a strong period, with EBITDA having nearly doubled. Andrea Behrendt, chief financial officer of ZEAL, said: “The first quarter of 2026 demonstrates that we are steadily implementing our strategy even in a challenging jackpot environment: our core business is expanding, and we have continued to invest in diversifying our business model.“The slightly reduced EBITDA compared to last year is mainly a result of these initiatives.” Following the end of the quarter, ZEAL introduced another charity lottery. Traumautoverlosung (Dream Car Raffle) launched on 14 April 2026 as the group’s third proprietary charity lottery in Germany. The product is operated by Dreamify gGmbH, a fully owned non-profit subsidiary of ZEAL Group, with Lotto24 AG managing marketing and distribution. The inaugural draw features a Porsche 911 GT3 RS as the top prize. ZEAL has made 250,000 tickets available, and the draw will proceed even if all tickets are not sold. A minimum of 20% of ticket revenue will be donated to charity, with Johanniter selected as the 2026 charity partner. ZEAL already operates Traumhausverlosung (Dream House Raffle), which launched in 2024 and generated €38.9 million in billings in its first full year. The group also runs freiheit+. For 2026, ZEAL’s targets remain unchanged: revenue between €250 million and €260 million, and EBITDA from €70 million to €75 million. The forecast assumes average jackpot conditions for the remainder of the year and already accounts for increased spending on charity lotteries and games. For the 2027–2029 period, ZEAL is aiming for double-digit annual revenue growth and an EBITDA margin exceeding 30%. 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.

Panama Club Lodges Complaint Following Own-Goal and Match-Fixing Allegation

(AsiaGameHub) -   A late own goal in Panama has escalated into a formal integrity case just weeks before the 2026 FIFA World Cup. Sporting San Miguelito has requested that football authorities investigate goalkeeper Jose Calderón after teammate Gustavo Herrera accused him of match fixing. Good to Know Sporting San Miguelito suffered a 3 to 2 defeat to Alianza FC following a 90th-minute own goal. Gustavo Herrera publicly accused teammate Jose Calderón of match fixing on Instagram after the match. The Liga Panamena de Futbol will oversee the investigation through its Integrity Office and Disciplinary Commission. Sporting San Miguelito Turns On Its Own Goalkeeper Jose Calderón now finds himself at the center of a major football integrity case in Panama. The 40-year-old goalkeeper, who has earned 44 caps for the Panama national team, has denied any wrongdoing following his own goal that resulted in a 3 to 2 loss for Sporting San Miguelito against Alianza FC on May 2. The incident appeared straightforward initially. In the 90th minute, a routine cross entered the box, and Calderón failed to control it, inadvertently directing the ball into his own net with his chest. This allowed Alianza FC to secure the comeback victory, prompting frustration among Sporting San Miguelito players. Striker Gustavo Herrera exited the field prior to the final whistle. Shortly thereafter, he used Instagram to directly accuse Calderón. Herrera wrote:“I’m naming names: José Calderón is a fucking match-fixer and there are many more. Aren’t you ashamed? You’re doing it openly now.” He later removed one message, but other teammates also made public allegations against Calderón. Sporting San Miguelito did not address the matter internally within the squad. Instead, the club filed formal complaints with the Liga Panamena de Futbol and the Panamanian Football Federation leadership. They called for “immediate, thorough and impartial investigations” into Calderón and his conduct. Coach Julio Dely Valdés emphasized that he viewed the situation as more than a simple late-game error. He remarked:“It seems a minor detail to me that Herrera left before the final whistle. It was a very strange match from minute one, very strange things. At this point it doesn’t surprise me anymore.” He further stated that “it’s not a locker room issue” and added “there will be departures from the squad.” The league confirmed on May 3 that it would seek explanations from those involved in the “serious incident.” The LPF declared: “The league acknowledges that mistakes can occur in football. However, it is also evident that certain situations go beyond this scope and are therefore unacceptable under professional competition standards. Without prejudice to the presumption of innocence, the league will act with the utmost rigor and pursue the investigation to its fullest extent.” Calderón described the own goal as an unintentional sporting mistake. The case is now progressing through the LPF Integrity Office and Disciplinary Commission. The timing amplifies the significance. Panama will participate in the FIFA World Cup for only the second time, with the tournament commencing on June 11 in Mexico City. Global betting activity surrounding the event is anticipated to be substantial, meaning any football integrity case close to the tournament will quickly attract attention. 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.

FIFA Rivals Enables Players to Replay World Cups From 2010 To 2022

(AsiaGameHub) -   Mythical Games has introduced the Legacy World Cup mode to FIFA Rivals, offering players a new way to relive past tournaments before the 2026 FIFA World Cup. Good to Know FIFA Rivals players can select World Cup years ranging from 2010 to 2022. Completing a tournament successfully may unlock a Legacy Player from that era. Players are able to turn FIFA Rivals cards into NFTs and trade them on the Pulse marketplace. Football History Becomes Playable Content It’s Live FIFA World Cup Legacy Mode has arrived. Replay a FIFA World Cup 2010 → 2014 → 2018 → 2022Relive it. Rewrite it. Which one are you starting with?Play now, in FIFA Rivals. pic.twitter.com/SzlOK1rhD2 — FIFA Rivals (@FIFARivals) May 4, 2026 FIFA Rivals now features a mode focused on past World Cups instead of solely live competition. The Legacy World Cup mode allows players to choose a specific tournament year, pick a national team, and attempt to win from the group stage through to the final. The reward system serves as the main attraction. A successful run can grant a historic Legacy Player from the selected era, though players do not know the exact reward beforehand. This adds replayability and provides PvP teams with another avenue for progression. Mythical Games timed this launch to coincide with growing anticipation for the 2026 FIFA World Cup. By incorporating official World Cup content, the studio plans to gradually introduce older tournaments, national teams, and legendary players into FIFA Rivals. The mode also integrates with the broader Web3 ecosystem of the game. Any FIFA Rivals player can convert their cards into NFTs, enabling trading on the Pulse marketplace. Legacy Players hold additional value since they are exclusively obtainable through the new World Cup mode. Mythical Games stated: “The mode gives us a way to turn football history into repeatable live content.” This statement outlines the long-term vision. The Legacy World Cup is not merely a temporary promotional feature. It establishes a format that can repeatedly bring back football memories within the game, while maintaining player engagement through fresh rewards and ongoing tournament cycles. 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.

Exaggerated Economic Fears Overstated

(AsiaGameHub) -   Concerns regarding the economic repercussions of UK gambling reform may be exaggerated, according to a new study. Research conducted by NIESR and the University of Glasgow suggests that a decrease in gambling expenditure would likely be reallocated to other sectors of the economy rather than being lost entirely. Key Findings The study examined the most significant projected annual gross gambling yield reduction of £812 million, as outlined in the white paper. Researchers calculated a net loss to UK output of £134 million, accounting for shifts in spending. Gamblers indicated that redirected funds would primarily be spent on food and drink, everyday purchases, savings, and debt repayment. Spending Shifts from Gambling to the Broader Economy The primary takeaway from the NIESR and University of Glasgow research focuses not on the gambling operators themselves, but on the subsequent spending habits of individuals. When asked how they would allocate an additional £50 per month if they stopped gambling, regular gamblers frequently cited essential spending, household necessities, saving, or debt reduction. This pattern alters the economic outlook, as a decline in gross gambling yield (GGY) does not necessarily translate to a complete economic loss for the UK. The 2023 UK gambling white paper had projected an annual GGY reduction ranging from £329 million to £812 million, with online gambling anticipated to bear a substantial portion of this decrease. The research team utilized the higher estimate of £812 million and modelled its broader economic impact using 2022 UK input-output tables.Following these spending adjustments, the estimated net economic loss was reduced to approximately £134 million, representing about 16% of the projected gross gambling revenue reduction. Katherine Simpson, the lead author from the University of Glasgow, stated: “We investigated how individuals who gamble indicated they would alter their spending patterns in response to these reforms, and subsequently modelled the implications for the wider economy. “Our findings reveal that the majority of this money is not lost but rather redirected, resulting in a relatively limited overall economic impact.”The study's methodology involved a survey of 1,320 regular gamblers to inform its design. Subsequently, between May and June 2025, 804 gamblers participated in a stated preference discrete choice experiment across seven spending categories. Online Gambling Considerations The potential shift to black market gambling represents a less favourable scenario within the model. If 8% of the freed-up funds were directed to unlicensed sites, the net economic loss would increase to £189 million, or 23% of the gross reduction. If this figure rose to 27%, the loss would escalate to £317 million, or 39%. Despite this, the majority of online gamblers surveyed did not opt for unlicensed platforms. Approximately 73% indicated they would not redirect funds to illegal gambling, while 8.5% consistently chose this option during the experiment. The online gambling sector also influences the economic calculation. Due to its greater reliance on offshore supply chains, online gambling generates lower domestic multipliers compared to certain other spending categories. The study found that a reduction of 9% to 10% in the assumed gambling multiplier would entirely offset the net loss and could even result in a minor economic gain. The research did not quantify the potential benefits associated with reduced gambling harm, such as improvements in health, well-being, productivity, or overall household financial stability. These factors could strengthen the case for implementing stricter regulations. Adrian Pabst, deputy director of the National Institute of Economic and Social Research, commented:“There is no inherent conflict between enhanced regulation and increased economic growth. Our research demonstrates that the proposed gambling regulations will have a minimal negative impact on the UK economy, and there are potential advantages in terms of regular gamblers increasing their savings or shifting their consumption to other sectors. “The industry's concerns about a significant downturn in economic activity are overstated and also overlook the broader societal advantages of these regulatory changes.” The issue of illegal gambling remains a concern. The UK Gambling Commission has noted that tracking illegal operators has become more challenging due to the rise in VPN usage. Data from Ofcom and Similarweb indicated an increase in VPN use from July 2025, settling at approximately 40% above previous levels. GamCare also reported that nearly 2,000 individuals sought financial advice in 2025 concerning gambling-related financial difficulties. 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.

Animoca Brands Launches $10 Million Minds Investment Program

(AsiaGameHub) -   Animoca Brands has launched a new investment program aimed at supporting teams developing products using Minds, its AI agent platform. The company will invest up to $10 million in select early-stage projects. Good to Know Animoca Brands will provide backing for selected projects that use Minds as a core component of their product. The program is open to teams operating in gaming, finance, productivity, social media, and other industries. Eligible projects can receive funding, platform support, Cognition Credits, and access to the Animoca Brands network. Animoca Brands Seeks Developers Leveraging Minds Animoca Brands is seeking startups focused on building practical applications powered by AI agents, and it is committing up to $10 million to support this initiative. The newly established Minds investment program is now accepting applications. It targets early-stage teams with a well-defined product concept, strong execution capability, and a viable path to launch and scale their offerings. There is no set timeline for fund distribution; Animoca Brands will allocate capital based on project quality. Minds, also referred to as Animoca Minds, enables users to create always-on AI agents without the need to manage servers, hardware, or complex software setups. The platform aims to simplify AI agent development for both builders and end users while maintaining control and customization options. In addition to financial support, selected teams will benefit from platform assistance, Cognition Credits, direct engagement with the Minds technical team, and opportunities to connect with Animoca Brands’ extensive portfolio—comprising over 600 Web3 companies and initiatives. Built Around Web4 Minds is designed around the agentic web, commonly known as Web4. This concept describes an internet environment where AI agents can retain context, collaborate, negotiate, and act on behalf of users across various digital services. Unlike traditional AI systems limited to answering questions, these agents are capable of performing tasks and operating within online economies. The platform incorporates the following key features: Persistent memory, allowing Minds to retain context across sessions and tasks. Team collaboration, enabling one Mind to be shared or work alongside others. Easy access via email or Telegram, requiring minimal technical configuration. Sovereign AI agents that function as continuously active digital services. Animoca Brands believes Minds can enhance the usability of AI software and improve AI literacy among non-technical users. Yat Siu, co-founder and executive chairman of Animoca Brands, stated: “We are entering a new era in which agentic AI will fundamentally transform how we interact with technology, value systems, and each other. Our commitment is to support and invest in those who contribute meaningfully to this transformation through the Minds platform, accelerating the development of a truly open and agentic web. Just as blockchain technology redefined digital ownership, agentic AI will redefine personal autonomy, fostering new forms of creativity, coordination, and economic participation. This convergence represents one of the most significant shifts in our time, and it is essential that we build and invest in this future now inclusively, ensuring benefits reach everyone.” The program offers Animoca Brands another avenue into AI infrastructure while reinforcing its connections to its Web3 foundation. For founders, the opportunity combines capital, technical expertise, and potential access to distribution partners within the Animoca ecosystem. 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.

Sweden’s Credit Ban Places Licensed Gambling Market Under New Test

(AsiaGameHub) -   Sweden has introduced stricter regulations for licensed gambling operators in 2026, including a ban on credit-funded gambling and updates to the Spelpaus system scheduled for August. Good to Know On May 1, 2026, Sweden banned all gambling deposits made using borrowed funds. Starting August 1, Spelpaus self-exclusion checks will become more rigorous, with new operator IDs and API keys required. Peter Knutsson assumes leadership of Spelinspektionen on August 17 for a six-year term. Sweden Tries To Protect Players Without Losing Them Offshore The true challenge for Sweden lies not just in ensuring compliance with tougher rules, but in keeping players within the regulated market once gambling becomes less convenient. Channelisation stood at 85% in 2024, a one-point decline compared to the previous year, according to data from Spelinspektionen. Online casino remains a key concern, as offshore platforms continue to capture a significant share of gambling activity outside the licensed sector. BOS secretary general Gustaf Hoffstedt stated:“It is unacceptable that approximately 25% of online casino gambling occurs outside the licensed market. Equally unacceptable is the fact that political leaders have allowed this situation to persist for five years, despite consistently low channelisation rates in earlier assessments, without implementing effective regulatory action.” In response, Sweden has now prohibited licensed operators from accepting deposits funded by credit. The ban took effect on May 1 following an amendment to the Gambling Act by the Riksdag that broadened the prohibition on credit use. Operators are required to reject payments made through credit cards, overdrafts, personal loans, buy-now-pay-later arrangements, invoices, bank loans, or any third-party borrowing. They are not obligated to investigate every transaction in advance. However, if they become aware that a player is using credit, they must block the deposit. Minister for Financial Markets Niklas Wykman remarked that players “should never gamble with money they do not have.”This regulation extends beyond the UK’s 2020 credit card ban, as Sweden also targets indirect forms of credit usage. This makes enforcement more complex—once borrowed funds move through a bank account, e-wallet, fintech service, or payment aggregator, tracking their origin becomes difficult. Further Changes Effective in August A second major update takes effect on August 1, introducing new Spelpaus requirements. Each licensee will be assigned a unique Actor ID and API Key by Spelinspektionen. Operators must use the appropriate API for all checks, including registration, login verification, and direct marketing communications. A check only counts as valid once it confirms whether a person has opted out via self-exclusion. While third-party technology providers may conduct these checks, the ultimate responsibility remains with the licensed operator. Spelinspektionen will also undergo a leadership transition in August. Peter Knutsson, currently serving with the Sweden Advertising Ombudsman, will become director general on August 17. His tenure runs until August 31, 2032, succeeding Johan Röhr, who has led the authority since Camilla Rosenberg departed in October 2025. Wykman said: “The Swedish gambling market should be defined by high security and robust consumer protection, and the Swedish Gambling Authority plays a central role in achieving this. I am pleased that Peter Knutsson, with his extensive expertise in consumer matters, has accepted the position of Director General.”For licensed operators, Sweden has increased compliance demands in a market already struggling with outflows to unregulated sites. For Knutsson, the initial priority is clear: strengthen consumer safeguards without making it easier for illegal operators to attract players. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Texas Lt. Gov. Dan Patrick Calls for Senatorial Review of Prediction Markets

(AsiaGameHub) -   Texas Lieutenant Governor Dan Patrick has shifted his focus to prediction markets following years of stalling sports betting initiatives in the state. His most recent Senate directive urges legislators to examine platforms like Kalshi and Polymarket and explore methods to shut down what he refers to as gambling loopholes. Good to Know Prediction markets allow users to trade contracts linked to results in sports, politics, finance, entertainment, and various other events. Dan Patrick directed Texas senators to assess the interaction between federally regulated derivative markets and state prohibitions on gambling. The directive identifies election integrity and Texas sports as critical areas that legislators need to safeguard. Prediction Markets Confront a Fresh Challenge in Texas Dan Patrick has long stated that expanding gambling will not be an easy task to get through the Texas Senate. Now, the Republican lieutenant governor wants legislators to look past conventional sports betting and casino legislation. In a March directive sent to the State Affairs Committee, Patrick included “Closing Gambling Loopholes” as one of eight topics for study. His guidance centered on prediction platforms that function without state gambling licenses, such as Kalshi and Polymarket. Patrick wrote:“Examine the relationship between federally regulated derivative markets and state-prohibited gambling,” He also told senators to: “Make recommendations to ensure the integrity of Texas elections and Texas sports.” Operators of prediction markets contend that their offerings are not considered gambling. They frequently describe these platforms as event contracts or derivatives, where users trade based on future results instead of making typical bets. However, these products have caught the eye of gaming regulators and legislators who perceive minimal distinction once users invest money in predictions related to sports, politics, entertainment, or financial occurrences.Patrick employed more forceful language in the directive, highlighting a “sudden flood of prediction market gambling and the misuse of federal law.” This phrasing provides the State Affairs Committee with a clear political path: determine the boundary between federal market regulations and Texas gambling restrictions. This review aligns with Patrick’s track record in Austin. As lieutenant governor, he oversees a large portion of the Senate’s agenda and has consistently blocked proposals supporting sports betting, even though the House has demonstrated greater willingness to allow legal wagering. No other part of the directive centered on gambling. The remaining topics included election systems, pro-life practices, fair banking, judicial independence, consumer protection for alcohol sales, and monitoring other state-related matters. For Kalshi, Polymarket, and comparable prediction platforms, Texas might become another challenging state-level hurdle. Patrick hasn’t yet called for any specific legislation, but his request provides senators with a foundation to develop new restrictions ahead of the next legislative battle. 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.

Study Discovers Age Rule Violations in Dutch Gambling Ads on Meta

(AsiaGameHub) -   A recent study has revealed that while the majority of licensed Dutch gambling operators adhered to age targeting regulations on Meta platforms, a smaller proportion of advertisements still reached individuals protected by Dutch law. Key Takeaways Dutch regulations mandate that gambling advertisements must not target individuals aged 18 to 23. Researchers analyzed 277 paid gambling advertisements on Facebook and Instagram, spanning from 2024 to early 2025. The study identified 31 advertisements, representing 11.2%, that included age ranges encompassing younger, protected users. Meta Ad Data Reveals Compliance Lapses in Dutch Gambling Advertising Although Dutch regulations for gambling advertisements appear stringent, data from Meta's advertising platform indicates that minor configuration choices can still lead to compliance issues. Researchers from the City University of Hong Kong and the University of Bristol examined 277 paid advertisements from licensed Dutch gambling operators placed on Facebook and Instagram. Their analysis utilized data from the Meta Ad Library, made accessible under the EU Digital Services Act, which provides researchers with more detailed information regarding advertiser age demographics and estimated audience reach. The review found that 31 advertisements included users aged 18 to 23 in their targeting parameters. This age group is protected from gambling advertising under Dutch law. Any advertisement whose targeting range included at least one age within the 18 to 23 bracket was classified as non-compliant by the study.Operators in the online sector demonstrated better adherence to the rules compared to those with offline licenses. Online gambling license holders achieved a compliance rate of 92.7%, whereas nearly 30% of advertisements associated with offline license holders violated age restrictions. The study also highlighted specific large operators, including Holland Casino and its associated brands. One advertisement from Holland Casino was reported to have reached over 21,000 Dutch users aged between 18 and 24. Researchers estimated that more than 15% of its Dutch audience reach may have been under the age of 24. The challenge is not solely on the part of the operators. Meta reports age data in broad categories, such as 18 to 24, whereas Dutch law specifically focuses on the 18 to 23 age bracket. This discrepancy complicates precise compliance checks for regulators, researchers, and advertisers alike. Years of Increased Gambling Control The Netherlands has progressively strengthened its controls over gambling advertising over several years. Since 2013, the Decree on Gambling Recruitment, Advertising and Addiction Prevention has prohibited gambling advertisements aimed at individuals under the age of 24. In 2022, the Dutch government also announced a ban on untargeted gambling advertisements.At the time, Franc Weerwind, minister for legal protection, stated: “Advertising is a tool to direct people towards the legal offerings, but the importance of addiction prevention is paramount. “Through this measure, I aim to protect vulnerable groups, particularly young people.” A 2023 amendment mandated that online license holders implement the most effective measures available to avoid targeting individuals aged 18 to 23. It also required proof that at least 95% of gambling ad audiences were 24 years of age or older. Researchers identified several contributing factors to these compliance failures: Meta's automated tools, such as Advantage+, may default to age settings starting from 18 without adequately alerting advertisers to Dutch gambling regulations. Human error and insufficient pre-publication checks appear to have played a role. Meta's age reporting utilizes broad age brackets, which limits the ability to conduct exact compliance checks. The study's scope was limited to Meta platforms and licensed Dutch operators, excluding platforms like TikTok, YouTube, and Google, as well as unlicensed overseas gambling sites operating within the Dutch market. Consequently, the complete online advertising landscape may be broader than what the report indicates.The researchers recommended the implementation of more precise advertising data, including single-year age reporting and the ability to query custom age ranges. They also suggested that platforms should, by default, enforce country-specific legal age restrictions, such as preventing Dutch gambling advertisements from targeting users under the age of 24. This report emerges at a time when Meta is facing scrutiny in the UK regarding illegal gambling advertisements. Tim Miller, executive director of the UK Gambling Commission, commented: “Anyone who spends time on their platforms will likely have encountered advertisements for illegal online casinos. “Most notably, and perhaps most concerningly, many of these are targeted at UK users and are for so-called ‘not on GamStop’ sites. “These are aimed at consumers who have taken the significant step of self-excluding from online gambling through the use of GamStop, Britain’s multi-operator self-exclusion scheme.” 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.

Flutter Appoints Christian Genetski as CEO Following Amy Howe’s Departure

(AsiaGameHub) -   Flutter Entertainment has appointed Christian Genetski to lead FanDuel, the US sports betting and iGaming operator, following the departure of Amy Howe. Good to Know FanDuel, a leading online sportsbook and iGaming brand in the United States, is owned by Flutter. Christian Genetski, who became President of FanDuel, originally joined the company in 2015. Dan Taylor will take on the additional role of President of Flutter Entertainment while continuing to serve as CEO of the international division. FanDuel Gets A New Leader From Inside The Business Christian Genetski, a seasoned executive who has been instrumental in shaping the company, is now at the helm of FanDuel. Flutter announced that Genetski, the President of FanDuel, will assume leadership of the division after Amy Howe stepped down from her position as CEO. Since joining FanDuel in 2015, Genetski's responsibilities have included corporate strategy, business development, strategic partnerships, and legal, regulatory, and government affairs. He also engaged extensively with legislators, regulators, and industry bodies during the expansion of legal sports betting nationwide. Flutter positioned this leadership transition as aligning with the next phase of FanDuel's expansion in the US. Peter Jackson, Group CEO of Flutter, said:“I would like to thank Amy for her contribution to Flutter and FanDuel and recognize the impact she has had on the business since joining in 2021.” Howe stated she departs FanDuel after a five-year tenure as CEO with strong faith in the team and the brand. She said: “It has been a privilege to lead FanDuel over the past five years. I’m incredibly proud of the business we’ve built and the talented team behind it, as well as the entertainment experiences we deliver to our customers every day.” Flutter also expanded the responsibilities of Dan Taylor. Taylor, the CEO of the international division, has been named President of Flutter Entertainment while retaining his current international role. He has been with Flutter for over ten years, holding various senior positions across different markets and brands.His new position involves overseeing commercial delivery for the global portfolio of brands. Flutter indicated that Taylor will collaborate with Peter Jackson and other group leadership to leverage the company's scale, technology, investments, and customer offerings to drive profitable growth. This appointment ensures FanDuel's leadership remains aligned with its current US strategy. Genetski brings deep familiarity with the regulatory landscape of online sports betting, the FanDuel brand, and its key partnerships. This provides Flutter with stability amid the fiercely competitive US online betting and iGaming market. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

New Jersey Sportsbooks Might Face World Cup Betting Charge

(AsiaGameHub) -   New Jersey may request that sportsbooks contribute to covering part of the expenses associated with hosting the 2026 FIFA World Cup. A newly proposed measure would introduce a temporary surcharge on betting revenue linked to the tournament. Key Points According to local estimates, New Jersey could incur host costs exceeding $300 million for the World Cup. MetLife Stadium in East Rutherford is scheduled to host eight matches, including the final on July 19, 2026. The proposed surcharge would be an additional 10% fee imposed on top of existing sportsbook taxes. World Cup Betting Revenue Could Help Cover Host Costs New Jersey lawmakers are seeking to use a portion of World Cup betting revenue to help offset the expenses of hosting matches at MetLife Stadium. Democratic Representative Michael Venezia and Senator Paul Sarlo introduced legislation on Monday that would impose a temporary 10% surcharge on gross revenue generated from 2026 FIFA World Cup wagers placed at licensed sportsbooks in New Jersey. The tax would apply to all online betting revenue tied to any World Cup match, series, segment of a game, or athlete performance market involving the 48 qualified national teams. In simpler terms, this includes sportsbook profits from bets on World Cup games, player props, and related markets. Sportsbooks already pay taxes in New Jersey, with operators currently required to remit approximately 19.75% of their winnings. The proposed World Cup surcharge would be added on top of this existing rate. Revenue collected from the surcharge would be directed to both the Casino Revenue Fund and the State General Fund. Lawmakers have also connected this funding initiative to other fees related to the tournament, such as those on hotels, beer sales, and transportation. The bill’s official statement reads: “The revenue collected from these temporary surcharges is intended to support the costs associated with preparing for and hosting the matches of this major event taking place in New Jersey.” With the 2026 FIFA World Cup set to begin on June 11, New Jersey has limited time to advance the proposal. Both the Assembly and Senate versions of the bill must still go through several legislative steps before the surcharge could become effective. Nevertheless, the proposal highlights how states might consider leveraging sports betting revenue to address significant public expenditures during large-scale events. For New Jersey’s sports betting operators, the plan could result in reduced profits from one of the year’s most prominent betting opportunities. 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.

Ohio May Ban Credit Card Funding for Sports Betting and iGaming Accounts

(AsiaGameHub) -   Ohio could soon block credit card deposits for online sports betting and iGaming accounts. The proposed rule change comes as more US gambling regulators look at payment methods through a responsible gambling lens. Good to Know Ohio wants to remove credit cards as a funding option for sportsbook and iGaming accounts. Public comments on the proposed rule are due by 5 p.m. EST on May 15. DraftKings, FanDuel, and bet365 have already phased out or started phasing out credit card funding. Ohio Casino Control Commission Targets Credit Card Betting Deposits The Ohio Casino Control Commission has proposed a rule change that would stop players from using credit cards to fund deposit enabled sports gaming accounts. The proposal comes through an amendment to Sports Gaming Rule 3775-16-03 under the Ohio Administrative Code. Regulators placed the rule into the Common Sense Initiative process and asked stakeholders to review it before formal filing begins. The Commission said:“The Commission is proposing to amend Sports Gaming Rule 3775-16-03 to remove credit cards as a funding option for deposit-enabled accounts. Stakeholders are encouraged to review the changes,” Ohio also gave operators, consumers, and other stakeholders a direct comment window. The Commission said: “If, in the end, you choose to submit comments, please do so by submitting them in writing to the Commission at rulecomments@casinocontrol.ohio.gov by 5 p.m. EST on May 15. While you will have some additional chances to comment on these rules, including when they are filed with the state’s Common Sense Initiative Office, please note that it is much easier for the Commission and for stakeholders to work out any questions or comments directly before the rules start the formal rule filing process.” Credit card betting has already faced limits in several states. Iowa, Massachusetts, New Hampshire, Oregon, Rhode Island, Tennessee, Vermont, and Illinois have added guardrails. Virginia has also started the process of removing credit card availability.Illinois Gaming Board administrator Marcus Fruchter defended that kind of rule last year. He said: “We view that limiting credit card funding for wagering accounts is a sensible and worthwhile policy to encourage responsible gambling and mitigate the potential harms of compulsive gambling,” He also said: “Problem gamblers are at particular risk, and studies have shown a willingness for compulsive gamblers to use credit cards to place bets.” Major operators have not waited for every state to act. DraftKings, FanDuel, BetMGM, and bet365 have all phased out or started to phase out credit card funding over the last calendar year. Federal lawmakers have also added pressure. Massachusetts Senator Elizabeth Warren wrote in an open letter last month:“Around 80% of the sports gambling market no longer accepts credit card transactions,” She said gambling sites have pointed to changing industry standards, responsible gaming concerns, cash advance fees, and higher interest rates as reasons for dropping the payment option. 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.

Oklahoma Sweepstakes Casino Ban Bill Heads to Governor Kevin Stitt

(AsiaGameHub) -   Oklahoma lawmakers have forwarded a bill to ban sweepstakes casinos to Governor Kevin Stitt following strong support in both legislative chambers. The proposal will become law if the governor signs it or allows it to take effect without his action. Good to Know Oklahoma SB 1589 targets online sweepstakes casinos and casino-style dual currency platforms. The House approved the bill 65 to 21 after the Senate passed it in March with no opposition votes. If Gov. Kevin Stitt does not act, the ban will take effect on Nov. 1. SB 1589 Focuses on Dual Currency Casino Games Oklahoma has moved closer to a statewide ban on online sweepstakes casinos, with SB 1589 now awaiting action from Governor Kevin Stitt, who can sign it into law, veto it, or allow it to become law by taking no action within the next week. The legislation revises the state's criminal gambling statute to explicitly include online casino-style games and dual currency gambling platforms. Many sweepstakes casinos sell one virtual coin while offering another that is used in slot- or lottery-style games. In many cases, players can redeem this second currency for cash or prizes. SB 1589 directly addresses this business model by classifying any virtual currency exchangeable for cash, prizes, or a chance to win them as having regulated value. This language would render the sweepstakes casino structure illegal in Oklahoma.Lawmakers showed broad backing for the measure. The Oklahoma House voted 65 to 21 in favor, while the Senate passed it in March without a single dissenting vote. The bill also extends liability beyond platform operators. Companies and other entities that support sweepstakes casino platforms could face legal consequences under the proposal. Violations would be classified as Class C2 felonies, punishable by fines ranging from $500 to $2,000 and up to 30 days in jail. Tribal gaming operations are exempted from the ban under the bill—a significant provision in Oklahoma, where tribal gaming holds a major position in the regulated casino industry. A veto may not be the end of the effort. With the legislative session set to conclude on May 29, lawmakers would still have time to attempt an override. If enacted, Oklahoma would join a growing number of states increasing restrictions on sweepstakes casinos ahead of the end of 2026. 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.

Ukraine Gambling Regulator Imposes $10,000 Fine on Betking Casino Operator

(AsiaGameHub) -   PlayCity, Ukraine’s gambling regulator, is intensifying its scrutiny of the legal betting sector, imposing a fine of almost $10,000 on Slots UA, the operator of the sports betting and online slots brand Betking. Betking was formerly known as Slotoking. Slots UA also runs the 777 brand. Kyiv granted the former a sportsbook operating permit in late 2024. In a statement posted on its Telegram channel, PlayCity said the reason for the fine was “the untimely provision of information upon request. “The prompt and complete provision of information is every gambling organizer’s duty,” PlayCity wrote. “This is an important condition for the transparent operation of the gambling market.” Ukraine: Betking Operator Must Comply With Regulations Last year, Slots UA placed in the top 10 most successful companies in the Ukrainian gambling industry, Forbes Ukraine reported. The firm reportedly saw its revenue rise x103 in 2023, earning Slots UA 3.4 billion hryvnia, or $77.3 million. The media outlet noted that the operator posted UAH 10.9 billion ($248 million) in revenue for the first nine months of 2025. The operator made UAH 12.4 billion (over $282 million) in 2024. PlayCity reminded operators to “promptly report” on their financial status, cash flow, and the measures they take to prevent and combat gambling addiction. Failure to comply will result in fines or the cancellation of operating permits, the regulator warned. The development comes just weeks after PlayCity revoked the license of the Cosmolot online casino operator Spaceiks. Central Kyiv, Ukraine. (Image: Oleksandr Brovko) Government Rolls Out 9-Year Anti-Gambling Addiction Strategy Meanwhile, the Ministry of Digital Transformation of Ukraine said it has developed the country’s first state-mandated strategy to “minimize the negative impact of gambling and combat gambling addiction.” In a May 5 press release, the ministry said the strategy will operate until 2035, with the government “regularly evaluating its efficacy.” The strategy calls for a shift from addressing the consequences of gambling addiction to active addiction prevention. The plan will help minimize the social harm of gambling, the ministry said. Kyiv will start developing educational programs, self-control tools for patrons, promote responsible gaming, and crack down harder on illegal gambling operators, the ministry added. The Ministry of Health will also create new treatment and rehabilitation programs for gambling addicts. Health clinics will also begin screening for gambling addiction, while doctors will update treatment programs. The ministry also said it would expand citizens’ access to mental health services and provide specialist training for doctors, social workers, and psychologists. More than 40 government agencies and institutions will work with the ministry on implementation. These include the Ministry of Social Policy, the Ministry of Education and Science, Ukraine’s law enforcement agencies, and local government organs. 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.

Russian Expert: Casinos at New Siberian Gambling Zone Will Be “On Par With Macao”

(AsiaGameHub) -   Russia’s new Siberian gambling zone will feature casinos that will rival those in Macao, according to a leading political scientist. The expert said it was significant that the zone in the Altai Republic is being backed by Sberbank chief Herman Gref. Gref, a former government minister, is one of the most powerful and influential members of the Russian business community. Sberbank has a market cap of around $92 billion and is Russia’s largest financial group. “The decision [to create the zone] is a testament to the significant lobbying power of Gref and the Altai Governor Andrey Turchak,” the political scientist Andrey Kuznetsov told the Russian media outlet NGS 42. “Gref will be responsible for developing the gambling zone. He will be drawing on the best international practices,” Kuznetsov added. The expert said that judging by Sberbank’s approach to developing its resorts, the firm would not be “skimping on investment.” “The casinos [in the new zone] will be on par with Macao, and much better than those in neighboring Altai Krai,” said Kuznetsov. Russia’s Altai Republic will become the country’s sixth gambling zone. (Image: Ekaterina Boltaga) New Siberian Casino Hub On May 2, Russian President Vladimir Putin signed a law establishing the sixth gambling zone in the Altai Republic. This law comes into effect on May 12. Siberia is already home to the Siberian Coin gambling zone. The Kremlin has also previously approved gambling zones in Krasnodar, Primorsky Krai, Kaliningrad, and Crimea. Advocates of the new gambling zone have been lobbying for approval since mid-October 2025. Betting industry insiders have criticized the plans, arguing that Siberia is too remote to attract most patrons and suggesting that zones closer to major cities like Moscow would be more viable. However, the Ministry of Finance maintains that the zone is part of a regional development strategy aimed at generating employment opportunities for local residents. NGS 42 reported that the Sberbank-operated resort in Manzherok confirmed the gambling zone would be developed around its facilities. The Sberbank-operated resort in Russia’s Manzherok. (Image: Post Scriptum Soul [CC BY-SA 4.0]) Manzherok is situated along the Katun River, which forms the border between the Altai Republic and Altai Krai. Sberbank renovated the resort in 2023, now featuring a five-star hotel and year-round ski slopes. Resort staff declined to comment on the anticipated opening date for the first casinos in Manzherok. Chinese Visitors: Russian Casinos Prime Target? Kuznetsov indicated that residents of the Altai Republic could expect increased tourism from China, alongside growth in domestic travel. Nevertheless, he noted several practical challenges that might hinder these plans, including “electricity shortages due to insufficient gas infrastructure” and “challenges in implementing sewerage systems in rural areas.” Other experts expressed mixed views on how the introduction of the new Altai Republic zone would impact Siberian Coin. Manzherok lies approximately 70 kilometers from Siberian Coin. Igor Myakishev, a real estate specialist based in the Altai mountain region, suggested that tourists would prefer the newer destination. “In terms of infrastructure, Siberian Coin falls short because its hotels offer more basic accommodations,” Myakishev explained. “Manzherok provides a luxury, five-star experience.” But Eduard Kolozhvari, an Associate Professor in the financial department at Novosibirsk State University of Economics and Management, disagreed. Kolozhvari argued that the majority of visitors to both zones would consist of Chinese tourists. While some travelers may seek high-end lodging, others will look for more affordable options, the academic concluded. A Footfall Boost Siberian Coin has experienced year-over-year revenue growth as visitor numbers and income continue to rise. The Kremlin continues to consider a proposal from the Ministry of Finance to legalize online casinos. Industry participants describe such a move as a “much-needed breath of fresh air” for Russian businesses. Under the ministry’s plan, operators would be taxed at an annual rate equal to 30% of their profits, after subtracting winnings payouts. 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.

Wednesday, May 6 NHL Playoffs: Canadiens vs. Sabres Odds, Picks, Predictions

(AsiaGameHub) -   The Montreal Canadiens will clash with the Buffalo Sabres in Game 1 of their second-round playoff series tonight. The puck drop is scheduled for 7 p.m. ET, with live coverage available on TNT and truTV. The Canadiens advanced after a seven-game series against the Lightning. The Sabres secured their spot by defeating the Bruins in six games. DraftKings has listed Buffalo as a -130 home favorite, with an over/under set at 5.5 goals. A total of 79% of the moneyline handle and 69% of the tickets are betting on the Sabres. Best Bet: Canadiens vs. Sabres: OVER 5.5 (-122) These teams split their regular-season matchups 2-2, with each game producing at least six goals. The Canadiens scored three or more goals in every contest against the Sabres during the regular season. While Tampa Bay managed to contain Montreal and kept the Habs to four goals over their final three games, this series versus Buffalo appears to be far more open and high-scoring. Bet on the OVER 5.5 tonight. Best Player Prop for Montreal Canadiens Nick Suzuki OVER 0.5 Assists (-125) Nick Suzuki recorded five assists in the opening round against the Lightning. He finished the regular season ranked fifth in the NHL with 72 assists. In four games versus the Sabres during the regular season, Suzuki tallied six assists. His playmaking thrives playing alongside Montreal’s top line featuring Juraj Slafkovsky and Cole Caufield. Caufield scored 51 goals in the regular season, placing him second in the NHL. Suzuki also benefits from his role on Montreal’s top power-play unit. Best Player Prop for Buffalo Sabres Rasmus Dahlin OVER 2.5 Shots (-135) Canadiens Rasmus Dahlin fired 21 shots at the Bruins in the opening round. He averaged 3.5 shots per game and surpassed that mark in four of the six games. He now faces a Montreal team that allowed 623 shots (or 7.6 per game) to opposing defensemen during the regular season—a trend that continued in the first round against Tampa Bay, where Buffalo’s blueliners combined for an astonishing 59 shots on goal. Dahlin registered 11 shots across four regular-season games against the Canadiens. 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.

ChatBet: Meta-Backed AI Betting ChatBot Expands to Latin America

(AsiaGameHub) -   ChatBet has launched version 3 of its AI chatbot betting assistant in Latin America. The company, backed by WhatsApp’s parent Meta, states that it aims to transform “messaging apps into powerful revenue channels for operators.” “Players can place bets instantly via WhatsApp, Telegram, Discord, and more. No need for apps or extra steps — just seamless, chat-based betting,” ChatBet adds on its official website. Through messaging platforms, users can submit bets simply by typing a message or sending a voice note. ChatBet’s AI processes these requests and automatically generates the corresponding bet slips on its partners’ platforms, which currently include BetVIP and BetPlay across Latin America. Company Promises to Boost Operator Revenue The company’s website, targeting gambling firms seeking to enhance player engagement, highlights how integrating chatbots can increase betting activity. According to the site: Players place bets more frequently thanks to AI-driven prompts The technology can deliver a 30% increase in gambling revenue Users place bets as naturally as chatting with a friend Josh Swerdlow, founder of ChatBet, remarked, “We’re already live with operators in Latin America, where WhatsApp dominates as the main communication channel, and we’re observing strong engagement, conversion rates, and repeat usage. This shift is less about ‘chatbots’ and more about a new interaction model, where conversational interfaces replace traditional navigation methods.” Gambling companies have faced criticism for using AI tools and VIP hosts to target bettors. DraftKings and FanDuel are currently involved in lawsuits alleging their technology is invasive and designed to promote gambling addiction. Latin American Gambling Companies Embracing ChatBet ChatBet’s website features testimonials from several partners in Latin America, including BetVIP, which primarily operates in Mexico. “BetVIP has embraced ChatBet’s disruptive innovation through its AI-powered solution enabling bet placement via various messaging apps,” said BetVIP CEO Danny Delgado. “Without doubt, this represents a key differentiator to stand out in a highly competitive market like Mexico.” It remains unclear what level of involvement Meta has in the company’s operations. The social media giant has drawn criticism for permitting unlicensed gambling companies to advertise on its platforms. Although BetVIP is largely active in Mexico, it holds a license issued by Malta. Another partner, Growe, is licensed in Cyprus, yet continues to target users throughout Latin America. “ChatBet impressed me. Its AI-powered solution, engineered to seamlessly integrate sports betting via WhatsApp, is an innovative tool offering a fresh approach to attracting new players and improving user experience, perfectly matching the habits of our target audience,” stated Cristhian Gomez, Regional Director for Latin America at Growe. Less Talk, More Betting Swerdlow explained that ChatBet aims to convert conversations about betting into actual wagers. “Users are already expressing betting intentions conversationally,” he said. “This shift allows ChatBet to turn that intent into a structured, compliant bet in real time. That’s exactly what ChatBet enables. Just as Google revolutionized search, conversational interfaces are beginning to transform transactions. In betting, this means removing the friction between intention and execution.” 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 Targets Micro Prediction Markets Amid Lawsuits Against It

(AsiaGameHub) -   DraftKings co-founder Paul Liberman has expressed that the company would welcome the opportunity to offer controversial microbetting markets on its platform. This statement comes despite DraftKings facing a lawsuit that accuses the company of promoting gambling addiction through such betting formats. Microbetting generally involves placing bets on specific in-game events during live sports, such as the next possession in basketball, the next play in football, or the next pitch in baseball. “Prediction markets have been remarkably fast at introducing new categories, and they’ve done so very quickly,” Liberman said during a panel discussion at the 29th Annual Milken Institute Global Conference on Monday. “I believe we’ll soon see even faster and more dynamic micro markets emerge in sports that currently don’t exist,” he continued. “We’ve already seen this with RFQs and parlays. I expect further innovation will make prediction markets increasingly dynamic within sports.” Microbetting Driving Growth in the Gambling Industry In-play or live betting accounted for 62.35% of the total betting market share in 2025, according to a report by Mordor Intelligence. “This growth is driven by improvements in low-latency streaming technology and the increasing popularity of micro-betting products, which allow wagers on highly specific outcomes like the next pitch, serve, or possession,” the report noted. DraftKings entered the microbetting space in 2024 by acquiring Simplebet for nearly $200 million. “What micro markets did was extend the betting platform’s availability throughout an entire game, keeping users engaged,” said Matthew Bakowicz, a former DraftKings sportsbook manager, in an interview with CasinoBeats earlier this year. Sportsbook Experience Remains Superior, Claims Liberman The Public Health Advocacy Institute (PHIA) filed a lawsuit against DraftKings, along with FanDuel, the NFL, and data provider Genius Sports, alleging that these organizations are contributing to gambling addiction through microbetting. The suit describes how rapid wagers placed on individual pitches, plays, shots, or other in-game moments can affect bettors by inducing what it calls a “trancelike state known as ‘dark flow,’ in which individuals become completely absorbed in the game.” Liberman responded that the sportsbook experience—which the lawsuit criticized heavily—remains superior compared to prediction markets. “Our research shows that sportsbooks provide, overall, a better consumer experience for sports than prediction markets do,” Liberman stated. “For our customers in sportsbook-legal jurisdictions, surveys show they still prefer interacting with a traditional sportsbook. We’re able to offer them promotions and create a more engaging experience overall.” Is Betting on Prediction Markets the Same as Sports Betting? While the sportsbook model appears better calibrated to engage bettors, Liberman acknowledged that wagering on prediction markets shares similarities. “For the average user, placing a bet through a sportsbook or trading on the Celtics feels essentially the same,” he said. Brian Quintenz, a board member of Kalshi and previously nominated to lead the Commodity Futures Trading Commission (CFTC), also participated in the panel alongside Liberman. His nomination was later withdrawn following opposition over his potential appointment. Quintenz, however, was less inclined to equate prediction markets with sports betting. “I see a distinction between speculation and gambling,” he remarked. “In financial markets, speculation involves trading or wagering where there is greater economic impact beyond just the money being exchanged.” This perspective aligns with positions taken by Kalshi and the CFTC under Michael Selig, who succeeded Quintenz. Quintenz added, “Can anyone honestly claim there’s no economic, financial, or commercial consequence when determining who wins or loses the Super Bowl?” Microbetting Likely to Draw Further Backlash That argument may grow harder to maintain if prediction markets expand into micromarkets. Is there any real economic, financial, or commercial significance in whether the next pitch in a baseball game is a ball or a strike? Player unions have already called on the CFTC to prohibit companies from offering player prop markets. With rising criticism of microbetting at sportsbooks and multiple lawsuits targeting prediction markets over their sports-related offerings, expanding into micromarkets seems likely to intensify public and regulatory scrutiny. Despite this, DraftKings—no stranger to legal challenges over its business practices—remains unfazed. “I believe both models are actually quite positive, which is why we support both,” Liberman said regarding sports betting and prediction markets. “They’re different, but each offers unique value.” Prediction Markets: A Gateway to States Without Legal Sports Betting Currently, the main advantage appears to be that prediction markets allow DraftKings to reach sports fans in states like Texas and California, where online gambling remains illegal. “Ultimately, with DraftKings, if we’re allowed to operate in any state, we intend to participate, and we hope to launch our products wherever legislation permits,” Liberman explained. He emphasized the need for clear federal guidance, stating, “We advocate for the federal government to take a stronger stance and affirm that sports betting is lawful and socially accepted—and that it can be conducted through prediction markets.” 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.

The Strange Case of the $12.8 Million Winning Lottery Ticket

(AsiaGameHub) -   A heated dispute continues over who holds the legitimate claim to a $12.8 million winning lottery ticket. Circle K—the store that printed the ticket—is petitioning an Arizona judge to stop the ticket from expiring later this month, asserting it is the rightful owner of the jackpot. Last November, a customer stopped by a Circle K in Scottsdale and requested $85 in tickets for the state lottery’s “The Pick” game. The clerk printed the tickets, but when the customer tried to pay, she found she only had $60. As a consequence, $25 worth of tickets remained in the store overnight when the drawing took place. One of those tickets matched all six numbers, turning it into a $12.8 million winner. Store Manager Buys Winning Ticket The following day, store manager Robert Gawlitza bought the leftover tickets from a coworker for $10. It’s alleged that before making the purchase, he clocked out and changed out of his work uniform. Attorney Josh Kolsrud notes this could harm Gawlitza’s claim to the prize. He told 12 News: “Who would go out to their car, change clothes, and then come back in to buy tickets unless they had a plan? If there’s any proof that he knew what was happening and used that inside information to purchase the ticket, Circle K will win this case.” Circle K management quickly learned about the transaction and ordered the ticket to be stored securely at the company’s corporate offices until a court decides who is the legal owner of the prize. Circle K Claims Ownership Under Lottery Rules Per Arizona lottery regulations, tickets must be claimed within 180 days of the drawing. This ticket is scheduled to expire on May 23, but Circle K is asking the courts to extend that deadline. The store is also asserting its rightful ownership of the unclaimed ticket based on state lottery rules. A lawsuit filed by Circle K against Gawlitza and the lottery states: “Pursuant to A.A.C. R19-3-213(D)(1), if a retailer generates a draw game ticket refused by the player and the retailer does not resell the ticket, the Lottery deems the ticket to be owned by the retailer.” The ticket is currently locked in a safe at Circle K’s corporate offices. Gawlitza hasn’t yet responded to the lawsuit, but is expected to do so very soon. Judge Set to Rule on Case As the deadline approaches, Circle K is hoping a judge will first issue a temporary restraining order (TRO) to stop the Arizona Lottery from enforcing the May 23 expiration date for the ticket. After that, the company wants the judge to rule that it is the rightful owner so it can claim the prize. If Circle K wins the jackpot, it’s unclear where the funds would end up. However, it’s almost certain the money won’t go directly to the store manager—the lawsuit mentions Gawlitza is now a “former employee.” The convenience store chain is owned by Alimentation Couche-Tard Inc., a Canadian corporation founded by Alain Bouchard. The company isn’t short on funds—last year, it made a $47 billion bid to acquire Seven & i Holdings, the parent company of 7-Eleven. Massive Jackpots Go Unclaimed Large jackpots have gone unclaimed before. In another unusual case, a Mega Millions winner in California lost his legal battle to claim a double jackpot this past January. Faramarz Lahijani said he’d purchased two identical tickets that both won the $395 million jackpot, but he lost one. A judge ruled against Lahijani, so he had to settle for half the prize—just $197.5 million. Around $2 billion in lottery prizes go unclaimed in the U.S. every year. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

DigiPlus Connected with Diamond Hotel in Manila Bay

(AsiaGameHub) -   DigiPlus Interactive Corp is exploring new growth avenues following reports connecting the Philippine online gaming company to a potential hotel venture at Manila Bay. Key Points InsiderPH reported that DigiPlus is negotiating the acquisition of the 480-room Diamond Hotel. DigiPlus has stated that no final agreement has been reached. The company already holds a convertible note arrangement linked to New Coast Hotel Manila. DigiPlus Maintains Openness on Manila Bay Initiatives DigiPlus has not confirmed any deal involving the Diamond Hotel but has acknowledged its interest in pursuing opportunities related to gaming and digital entertainment. The company issued a response after InsiderPH reported that DigiPlus was engaged in discussions to acquire the seaside Diamond Hotel near Roxas Boulevard. The outlet noted that the property is part of the private holdings of Ramon Ang, chairman of San Miguel Corp, and could be integrated into a broader US$1 billion Manila Bay gaming complex project. In a filing with the Philippine Stock Exchange, DigiPlus stated:“We confirm that DigiPlus is actively seeking opportunities to expand into adjacent and complementary sectors, in line with its long-term vision to build a comprehensive gaming and digital entertainment ecosystem.” “Nevertheless, these initiatives are still under assessment, and no binding transactions have been finalized.” The announcement comes amid DigiPlus’s existing connection to another Manila hotel. The group entered into a HKD1.60 billion (US$204.3 million) convertible note agreement with International Entertainment Corp, the Hong Kong-listed firm controlling New Coast Hotel Manila. Full conversion would grant DigiPlus a 53.89% stake in International Entertainment. New Coast Hotel Manila is located approximately five minutes inland from Diamond Hotel and possesses a provisional casino gaming license issued by Pagcor. International Entertainment has recently rebranded the property under the LaVie Resort & Casino Manila name.Chaired by Eusebio Tanco, DigiPlus is widely recognized in the Philippines for brands such as BingoPlus, ArenaPlus, and GameZone. The company also operates casino-style slot arcades through one of its subsidiaries. DigiPlus has also expanded its international licensing portfolio, securing online gaming approvals in Brazil and South Africa. A Manila Bay resort development would bring DigiPlus closer to the land-based casino sector, although any such transaction remains unconfirmed at this time. 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.

PayPAL Leverages AI to Achieve $1.5B Savings Amid Layoffs

(AsiaGameHub) -   PayPal has informed investors of its intention to restructure, focusing on accelerated technological development, artificial intelligence tools, and a more streamlined organization following disappointing financial forecasts that impacted its share price. Good to Know PayPal's first-quarter revenue reached $8.4 billion, marking a 7% increase compared to the previous year. According to a Bloomberg report, the company intends to reduce its workforce by approximately 20% across two to three years, affecting more than 4,500 positions. CEO Enrique Lores stated that leveraging AI and streamlining the corporate hierarchy are expected to generate savings of at least $1.5 billion. PayPal Rebuild Puts AI At The Center PayPal is centering its corporate revival on a clear directive: a flatter organization, more agile teams, and a broader integration of AI. CEO Enrique Lores explained to analysts that PayPal needs to “recommit to the fundamentals,” which involves “becoming a technology company again.” He emphasized the necessity to update the technology infrastructure, increase cloud-native capabilities, and deploy AI more extensively in development: “I think the changes that AI will enable us to do are … going to be very significant.”The company has already established a dedicated "AI transformation and simplification" unit reporting directly to Lores. This team will examine every business function and process, extending beyond software development. Areas like customer service, support operations, and risk management are all included in the AI strategy. Lores commented: “This is why we created a group last week, reporting to me, that is going to be in charge of driving — function by function, process by process — this AI transformation. And this is not about adopting AI as a technology, where we have done many pilots in the company, and we have seen what is possible. It’s really about understanding how can we redesign the key processes … this is what we have seen that really will drive significant savings.” The cost-saving initiative also involves workforce reductions. Bloomberg reported PayPal's plan to eliminate roughly 20% of its jobs over the next two to three years, equating to over 4,500 roles. Lores characterized the layoffs as a component of flattening the company's organizational structure. The timing presents challenges for employees, particularly as PayPal explicitly connects the anticipated savings to AI integration. While other technology firms have advanced more rapidly with AI coding tools, PayPal is now positioning itself to close the gap.Separately, last week PayPal restructured its operations into three core divisions: checkout solutions and PayPal, consumer financial services and Venmo, and payment services and crypto. Despite the restructuring news, PayPal exceeded first-quarter forecasts with $8.4 billion in revenue, a 7% year-over-year rise. Nonetheless, a subdued outlook for the second quarter drove the stock price down. The shares are currently trading more than 80% below their peak in 2021. Venmo also became a point of focus for investors. When questioned about a potential sale of the unit, Lores indicated the current alignment supports the turnaround strategy. However, he noted that “my number one priority is to maximize shareholder value.” 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.