Financial – Page 59 | Global Gaming Insider

Lithuania advances gambling sector reforms following corruption risk review

The Lithuanian Special Investigation Service assessed progress on 18 recommendations issued to the Gambling Supervisory Authority and the Ministry of Finance in April 2025.

2 min read • Jun 23 • By Marieta Lezaic

Bragg raises $1.3m through private placement of over 750,000 subscription receipts

The supplier recently announced the results of its Annual General Meeting of Shareholders held on June 18, with shareholders voting on the re-election of Bragg's Board of Directors.

1 min read • Jun 22 • By Kirk Geller

Bill Foley looks to bring NAB franchise to Las Vegas

Financial Land Based + 1 more

Vegas Golden Knights Owner submits bid for NBA expansion team

The NBA Board of Governors originally approved a vote to explore bids and applicants for expansion franchises in March, with Las Vegas and Seattle remaining as the likeliest outcomes.

2 min read • Jun 22 • By Kirk Geller

Responsible Gambling Legal & Regulatory + 2 more

District Court judge denies Wynn Resorts’ motion to dismiss two-year lawsuit

James Bay Resources and President Stephen Shefsky filed the lawsuit in October 2024, alleging Wynn Resorts failed to report ‘huge’ gambling losses sustained by David Bunevacz.

1 min read • Jun 22 • By Kirk Geller

North Carolina raises tax rate on sports betting

Legal & Regulatory Financial + 3 more

North Carolina to introduce heightened 23% tax rate on sports betting revenue

The new rate places North Carolina ahead of states such as New Jersey, Ohio and Massachusetts, expected to be finalized prior to the new fiscal year beginning on July 1.

1 min read • Jun 22 • By Kirk Geller

Financial Marketing + 2 more

Figures suggest smaller operators in Brazil are feeling the financial strain

As regulatory costs rise and competition intensifies, some smaller betting operators are turning to mergers while others are struggling under mounting debts.

1 min read • Jun 22 • By Layla Victoria

Responsible Gambling Legal & Regulatory + 2 more

Brazilian President moves to freeze funds linked to illegal betting operators

President Lula has signed a new measure allowing authorities to block assets tied to unauthorized betting platforms and redirect confiscated funds to public security initiatives.

1 min read • Jun 22 • By Layla Victoria

Justice Minister Wellington César Lima e Silva

Responsible Gambling Legal & Regulatory + 2 more

More than 25 million Brazilians still use illegal betting sites, minister says

Brazil’s Justice Minister says tens of millions of consumers continue to use unauthorized betting platforms despite a sweeping enforcement campaign.

1 min read • Jun 22 • By Layla Victoria

Financial Land Based + 2 more

Station Casinos hosting $500,000 bingo competitions across Las Vegas

While a $275 buy-in gets players into both the $100,000 Bingo Matinee and $400,000 Blockbuster Event, participants may also buy-in individually for $125 and $199, respectively.

1 min read • Jun 19 • By Kirk Geller