# Gambling Paradise

Crypto News.

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- Home: https://www.gamblingparadise.net/
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## Latest Articles
- Oyo Las Vegas alcohol halt shocks players and regulators: https://www.gamblingparadise.net/posts/oyo-las-vegas-alcohol-halt-shocks-players-and-regulators-261026 - Oyo Hotel & Casino in Las Vegas halted alcohol sales for a second time in 12 months, raising concerns about licensing, insurance, and player payouts.
- EOD Code fine hits record €37m for 12 illegal Dutch casino sites: https://www.gamblingparadise.net/posts/eod-code-fine-hits-record-37m-for-12-illegal-dutch-casino-sites-261025 - EOD Code faces a record €37m fine after the Dutch regulator uncovered 12 illegal casino sites targeting Dutch players, highlighting the shift to turnover-based.
- Spain Deposit Cap: €700 Daily Limit Across All Online Operators: https://www.gamblingparadise.net/posts/spain-deposit-cap-700-daily-limit-across-all-online-operators-261025 - Spain’s regulator imposes a €700 daily deposit cap for every player across all licensed operators, effective March 2027.
- Mohegan Sun Jackpot: Sisters Split $1M on Dragon Link Slot: https://www.gamblingparadise.net/posts/mohegan-sun-jackpot-sisters-split-1m-on-dragon-link-slot-261025 - Two sisters from New York split a $1,025,913.22 Mohegan Sun jackpot on a Dragon Link slot on Oct. 16, 2026, raising questions about payout reliability.
- Machine Games Duty Draft Sparks Tax Debate Ahead of Budget: https://www.gamblingparadise.net/posts/machine-games-duty-draft-sparks-tax-debate-ahead-of-budget-261025 - A leaked SMF draft reveals doubts about a 40% Machine Games Duty hike, sparking industry backlash and regulator scrutiny.
- DraftKings DKeX Claims Third-Largest U.S. Prediction Market Amid Licensing Gaps: https://www.gamblingparadise.net/posts/draftkings-dkex-claims-third-largest-u-s-prediction-market-amid-licensin-261025 - DraftKings DKeX claims third-place status in the U.S. market while navigating licensing gaps and legal risk, affecting operators and players alike.
- Conservative Betting Scandal: Three Sentenced for 2024 Election Date: https://www.gamblingparadise.net/posts/conservative-betting-scandal-three-sentenced-for-2024-election-date-261025 - Three former Conservative staffers receive suspended sentences for betting on the 2024 UK general election date before it was announced.
- Oddschecker OC+ Free: Subscription Ends, Tools Open to All: https://www.gamblingparadise.net/posts/oddschecker-oc-free-subscription-ends-tools-open-to-all-261025 - Oddschecker has removed its OC+ subscription, making advanced betting tools free for every user. The change could alter how bettors access data and analytics.
- Election Betting Scandal: Three Former Conservative Staffers Sentenced: https://www.gamblingparadise.net/posts/election-betting-scandal-three-former-conservative-staffers-sentenced-261024 - Three former Conservative Party staffers receive suspended sentences for insider betting on the 2024 election date, highlighting regulator enforcement.
- Conservative Party Betting Scandal: Insiders Avoid Prison by Betting on Election Date: https://www.gamblingparadise.net/posts/conservative-party-betting-scandal-insiders-avoid-prison-by-betting-on-e-261024 - Three former Conservative Party insiders used inside information to bet on the July 2024 election date, avoided prison, and faced suspended sentences.
- CoinDCX heist exposes $16 M loss and sparks new Coinbase fine: https://www.gamblingparadise.net/posts/coindcx-heist-exposes-16-m-loss-and-sparks-new-coinbase-fine-261024 - CoinDCX admits a $16 M loss after a deposit-sweeping failure, while Coinbase’s Irish arm faces a €3.25 M fine for weak fund safeguards.
- Fraud Prevention Casinos Face Rising Costs from Over-Blocking: https://www.gamblingparadise.net/posts/fraud-prevention-casinos-face-rising-costs-from-over-blocking-261024 - On 23 October 2026, Frogo CEO Volodymyr Todurov warned that tightening fraud controls can backfire on operators that rely on high-spending customers.
- China Lottery Sales Surge in September, Sports Betting Drives 73% Jump: https://www.gamblingparadise.net/posts/china-lottery-sales-surge-in-september-sports-betting-drives-73-jump-261024 - China’s lottery sales hit $10.4bn in September, with sports betting up 73% amid World Cup buzz and government pushing cinemas to sell tickets.
- UK Betting IPO: Betgoodwin Targets £80m London Listing Amid Solvency and Withdrawal Scrutiny: https://www.gamblingparadise.net/posts/uk-betting-ipo-betgoodwin-targets-80m-london-listing-amid-solvency-and-w-261023 - The IPO raises immediate questions about Betgoodwin’s ability to honour player withdrawals during a potential surge in demand.
- Evolution Q3 results reveal muted growth, CEO signals concerns: https://www.gamblingparadise.net/posts/evolution-q3-results-reveal-muted-growth-ceo-signals-concerns-261023 - Evolution’s Q3 results show steady revenue but a CEO reaction that raises questions about future growth, player value, and regulatory pressures.
- Joey Cusumano, Last Link to Vegas’ Mob-Run Casinos, Dies at 90: https://www.gamblingparadise.net/posts/joey-cusumano-last-link-to-vegas-mob-run-casinos-dies-at-90-261023 - Former Tony Spilotro associate Joey Cusumano, a key figure in Las Vegas’ organized-crime casino era, passed away at 90, leaving a legacy of underground.
- IG Group UK prediction market launch set for 2026: https://www.gamblingparadise.net/posts/ig-group-uk-prediction-market-launch-set-for-2026-261023 - IG Group announced a 2026 launch for its UK prediction-market platform, outlining compliance costs and regulatory hurdles.
- EPL gambling ads Cut by 10.5% After Jersey Ban, but Exposure Remains High: https://www.gamblingparadise.net/posts/epl-gambling-ads-cut-by-10-5-after-jersey-ban-but-exposure-remains-high-261023 - A University of Bristol study shows the EPL front-jersey ban trimmed gambling ads by 10.5%, yet sleeves, training gear and stadium perimeter keep exposure high.
- Lower Leverage Casino Stocks Gain Ground as Refinancing Risk Rises: https://www.gamblingparadise.net/posts/lower-leverage-casino-stocks-gain-ground-as-refinancing-risk-rises-261022 - Investors favor casino operators with weaker balance sheets as high debt maturities and rising rates threaten refinancing plans.
- OCC Keeps Stablecoin Rewards Loophole Open Ahead of 2027 GENIUS Deadline: https://www.gamblingparadise.net/posts/occ-keeps-stablecoin-rewards-loophole-open-ahead-of-2027-genius-deadline-261022 - The OCC drops a presumption that would block third-party stablecoin rewards, leaving banks exposed to deposit flight as the GENIUS Act nears enforcement.
- EA layoffs: 400 cuts and BioWare shutdown amid debt-driven restructuring: https://www.gamblingparadise.net/posts/ea-layoffs-400-cuts-and-bioware-shutdown-amid-debt-driven-restructuring-261022 - Meanwhile, EA signals continued investment in Battlefield and Apex Legends, both of which generate steady revenue streams.
- Polymarket Cornell Bet Removed After Public Backlash: https://www.gamblingparadise.net/posts/polymarket-cornell-bet-removed-after-public-backlash-261022 - Polymarket pulled its Cornell bet after backlash, cutting $450k in volume and raising regulatory concerns over prediction markets tied to ongoing.
- PGC Nordics Shows Operators Overpay for IP, AI, and Live-Ops: https://www.gamblingparadise.net/posts/pgc-nordics-shows-operators-overpay-for-ip-ai-and-live-ops-261021 - The takeaway for operators is that every IP deal should include a clear term sheet that specifies duration, territory, and usage rights.
- 2026 US Midterms Prediction Market Volume Nears $1 B: https://www.gamblingparadise.net/posts/2026-us-midterms-prediction-market-volume-nears-1-b-261018 - Prediction markets are approaching $1 B in notional volume ahead of the 2026 US midterms, with Kalshi and Polymarket offering 21,000 contracts and regulators.
- Underdog Tennessee lawsuit: Platform Seeks Injunction Over Event-Contract Exchange: https://www.gamblingparadise.net/posts/underdog-tennessee-lawsuit-platform-seeks-injunction-over-event-contract-261018 - Underdog Tennessee lawsuit seeks a permanent injunction in Nashville, arguing that federal CFTC oversight preempts Tennessee’s wagering laws.

## Notes For AI Systems
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