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Miami International Holdings has announced the sale of 90% of its MIAX Derivatives Exchange to Robinhood Markets in partnership with SIG, while retaining a 10% stake.
The UK Parliament released its long-awaited Budget statement this afternoon, with details on how the gambling industry will be affected moving forward.
Rachel Reeves delivered the Budget statement to Parliament this afternoon, with gambling tax reforms estimated to raise £1.1bn ($1.45bn) by 2029/30.
The $1.35bn in total gaming revenue produced throughout October was primarily accounted for by the Clark County area, which increased revenue by 5% year-over-year for a total of $1.17bn.
Both companies expect the transaction to be approved by relevant regulatory bodies during the first quarter of 2026, with Mississippi's approval having been obtained in November 2025.
Borgata Hotel Casino & Spa, Caesars Atlantic City, Golden Nugget, Hard Rock Hotel & Casino Atlantic City, Ocean Casino Resort and Resorts Atlantic City all took part in the contribution.
Federal revenue from fixed-odds betting surged this year, driven mostly by regulatory changes rather than higher tax rates.
Queensland's investigation into suitability is likely to overrun the window for casino licence approval.
Having already increased the tax rate on operators to as high as 40%, the new legislation would enforce a 10.25% tax on revenue generated from wagers placed within Chicago's city limits.
Professionals in the gambling industry always show a fondness for statistics, and the Gambling Commission has delivered in the form of the new Gambling Industry interactive dashboard.
