Author: admin

(AsiaGameHub) -   Per the California State Lottery, a fortunate player took home $3.665 million by matching the five winning numbers—4, 13, 52, 53, and 69—on a Mega Millions ticket purchased at Chill Out Smoke Shop in Torrance. The winner walks away with more than $3.6 million. The shop, situated at 4437 Sepulveda Blvd., Suite B, in […] 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....

(AsiaGameHub) -   Supported by Senators Paul Moriarty and Patrick Diegnan, a New Jersey Senate committee has advanced Senate Bill 2160, which aims to ban “microbets.” These wagers allow gamblers to bet on the specific outcome of the very next play or action within a game. New Jersey Senate Moves Legislation Forward On March 23, the Senate State Government, Wagering, Tourism, and Historic Preservation Committee voted in favor of Senate Bill 2160. A comparable measure was previously introduced last year by Assemblyman Dan Hutchison. The current bill provides examples of microbets, such as betting on whether a specific baseball pitch will be a strike or if the next football play will be a pass or a run. If enacted, the legislation would prevent New Jersey sportsbooks from offering or accepting these types of wagers. Violations would be treated as a disorderly persons offense, resulting in fines between $500 and $1,000 for every instance. Sen. Moriarty claimed that microbets are more ......

(AsiaGameHub) -   The California State Lottery has announced that a fortunate player has won $3.665 million by matching the five winning numbers—4, 13, 52, 53, and 69—on a Mega Millions ticket bought at the Chill Out Smoke Shop in Torrance. Winner Walks Away with Over $3.6 Million The winning ticket was sold at the shop, situated at 4437 Sepulveda Blvd., Suite B, in Torrance. The still-unidentified player correctly matched five of the six winning numbers, only missing the Mega Ball, which was 10. Hitting the five main numbers is an exceptional stroke of luck, with odds of one in 12,629,232, as stated on the California Lottery website. This California winner was not alone; a player in New Jersey also won a prize by matching all five numbers. However, since no one matched all six numbers, the jackpot remains unclaimed. Following the latest drawing without a jackpot winner, the top prize has grown to $70 million. The previous Mega Millions jackpot was won on March 10 by a player who chose th......

(AsiaGameHub) -   The Pennsylvania Gaming Control Board (PGCB) has imposed a fine on BetMGM due to inadequate anti-fraud and know-your-customer procedures across its betting platforms. Additionally, the regulatory body announced that it has placed several individuals on its involuntary exclusion lists for various reasons, including leaving children unattended while gambling. BetMGM’s Lax KYC Protocols Were Exploited by Fraud Rings The PGCB stated that its members approved a consent agreement presented by the board’s Office of Enforcement Counsel, resulting in a $100,000 fine for BetMGM. The regulatory body explained that the fine stems from BetMGM’s insufficient efforts to prevent fraudulent behavior on its BetMGM and Borgata platforms. These failures included deficient KYC protocols, which allowed certain individuals to create multiple accounts using the credentials of others. The PGCB noted that these fraudulent accounts were most frequently accessed via stolen or fraudulentl......

(AsiaGameHub) -   Ukraine's Ministries of Digital Transformation and Defence have unveiled plans to implement an automated system designed to block military personnel from using online gambling platforms. The initiative, disclosed on the ministry's official Facebook page this week, seeks to curb gambling addiction among service members while martial law remains in effect. The mechanism will operate by verifying login attempts on gambling sites against two critical databases: a register of prohibited individuals and the armed forces personnel list. When the system identifies a user with restricted status, it will automatically deny access to online gambling services. According to ministry officials, gambling operators will only receive a simple "yes/no" response regarding access permission, without receiving any personal or military-specific data. A preventative measure against gambling addiction This measure is part of a wider, coordinated campaign to address gambling addiction. "We are continuing......

(AsiaGameHub) -   Playtech has initiated a strategic review of its UK-based white label Sun Bingo operation, Chief Financial Officer Chris McGinnis informed analysts on the company's full-year 2025 earnings call. McGinnis stated the business is projected to become unprofitable once the new 40% remote gaming duty takes effect in the UK this April. Elaborating on the review, McGinnis expressed a long-term belief in Sun Bingo's place within Playtech, noting that while it is customer-facing, the operation exhibits more business-to-business than business-to-consumer traits. Playtech took over from Gamesys as the supplier for Sun Bingo in 2015. The company reported in its second-quarter 2025 results that Sun Bingo and other B2C activities were affected by stricter UK regulations. These regulatory shifts were a factor in a 17% revenue drop and lower adjusted EBITDA at that time. Playtech's overall B2C revenue fell 20% year-on-year in 2025 to €78.5 million, a decrease primarily attributed to the divestm......

(AsiaGameHub) -   As Spanish gaming firm Codere is said to be on the market, M&A specialist Christian Tirabassi anticipates several major gambling companies might compete to acquire it—though private equity firms are the most probable purchasers. Per a report by Spanish publication Expansión, Codere is being offered for sale at a value exceeding €2 billion (equivalent to $2.3 billion). The goal is said to be finalizing a purchase deal before the August summer break. The transaction is also said to include Codere Online, the group’s digital arm that operates mainly in Spain and Latin America. Tirabassi—founder and senior partner at M&A consultancy Ficom Leisure—describes Codere’s sale as “very much a private equity opportunity.” That said, he also notes that several global gambling behemoths might throw their hats in the ring for Codere, even though he doesn’t identify any “obvious natural buyer.” “Lottoma......

(AsiaGameHub) -   This week, Malta's Economy Minister Silvio Schembri announced that the country is "actively exploring the emerging field of prediction markets, a sector gaining rapid global traction and offering considerable opportunities for innovation." He noted that any legislative amendments would require "a clear, forward-looking framework that allows the sector to grow responsibly and at scale." Minister Schembri stressed the vital role of user trust. "We understood from the outset that for this industry to expand, users must feel secure, which necessitates maintaining the highest levels of transparency and compliance." According to Business Now, he made these remarks during the inauguration of Blockchain.com's new Malta offices on wednesday. Strategic positioning in a rapidly evolving market The global prediction markets industry has demonstrated considerable growth recently. In December 2025, monthly trading volumes hit a record high of over $18 billion, with platforms like Kalsh......