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Industry
October 4, 2024
Brazil Gambling in Healthy State Ahead of Regulated Market Launch
A new study, prepared by LCA Consultoria Econômica and commissioned by the Brazilian Institute of Responsible Gaming, shines new light on how gambling affects Brazilian households. According to the report, while Brazil’s sports betting sector records stable growth, its impact on family financial health remains relatively small. New government initiatives should help further reduce gambling […]
Business
October 4, 2024
DraftKings Shuts UK DFS Platform Down, Ends Business in Europe
DraftKings has decided to put an end to its daily fantasy sports (DFS) operations in the United Kingdom amid ongoing efforts to streamline and optimize the company’s business. Effective immediately, the decision will prevent players from participating in new contests. DraftKings’ Business in Europe Is No More DraftKings has operated daily fantasy sports in the […]
Industry
October 4, 2024
Canadian Company Sues Wynn Resorts for Due Diligence Failures
A Canadian company will be taking Wynn Resorts to court for allowing a big time con artist to gamble with stolen money. The plaintiff is seeking damages, alleging that Wynn did not conduct adequate due diligence into the player in question. James Bay: Wynn Did Not Fulfill Its Due Diligence Responsibilities The plaintiff in the […]
Legal
October 4, 2024
Vegas Headliner Garth Brooks’ Former Stylist Accuses Him of Rape
Las Vegas headliner and country singer Garth Brooks has been accused of sexual assault by a woman who says she served as his makeup artist and hairstylist. The complaint was filed in California and alleged that the now-62-year-old country star had raped the woman who preferred to use the pseudonym Jane Roe. Woman Says Brooks […]
Industry
October 4, 2024
JP Morgan Foresees $2.5bn-$5bn Annual Revenue for Bangkok’s IRs
Thailand, a country that strictly bans gambling except for state-controlled horse races and an official state lottery, will soon hit the refresh button in this department thanks to an important preliminary framework from the Parliament endorsed by Prime Minister Srettha Thavisin’s cabinet in April. The daring framework, which included up to five licenses for IRs […]
Lottery
October 4, 2024
Virginia Lottery Player Buys 30 Winning Tickets in a Single Drawing
Any lottery win can bring excitement, but scoring a top prize is undoubtedly even more thrilling. In the case of one retiree from Chesapeake, Virginia, the thrill was multiplied by 30 times. This is because the lucky player hit a winning combination on a total of 30 lottery tickets within the same drawing. The Winner […]
Lottery
October 4, 2024
Aussie Powerball Player in Shock After AU$12M Jackpot Win
The life of one lottery player from Kangy Angy, Australia, completely changed following the Powerball drawing on Thursday night. To the surprise of the lucky winner, he was notified about his unexpected windfall while at work on Friday. A Single Winner Collects Division One Prize from Powerball’s Latest Drawing The Lott did not release the […]
Legal
October 4, 2024
Sorare Stands Its Ground in the Face of UKGC Accusations
Sorare, the fantasy sports platform known for its partnerships with renowned soccer leagues like the Premier League, has pleaded not guilty to accusations from the UK Gambling Commission (UKGC) of offering illegal gambling services. The French-based company, which allows users to collect and trade digital cards featuring professional sportspeople, entered its plea at Birmingham Magistrates’ […]
Industry
October 4, 2024
Massachusetts Orders Bovada to Cease and Desist
Online gambling operator Bovada has been slammed with a cease-and-desist letter, this time in Massachusetts. This development confirmed earlier rumors that claimed the Bay State would be the next to take action against the offshore operator. Bovada Restricted in Yet Another State Bovada, for context, is one of the biggest offshore operators in the US. […]
Business
October 4, 2024
DraftKings Shuts UK DFS Platform Down, Ends Business in Europe
DraftKings has decided to put an end to its daily fantasy sports (DFS) operations in the United Kingdom amid ongoing efforts to streamline and optimize the company’s business. Effective immediately, the decision will prevent players from participating in new contests. DraftKings’ Business in Europe Is No More DraftKings has operated daily fantasy sports in the […]
Business
October 4, 2024
FDJ, Not Concerned About French Gambling Tax Rise Amid Stock Price Hit
Shares of French gaming group La Française des Jeux (FDJ) have plummeted on Thursday following a report that the French government is contemplating the idea of boosting social security contributions from the gambling sector starting in 2025. According to the business daily Les Echos, this measure is aimed at enhancing the Social Security budget, leading […]
Business
October 4, 2024
PrizePicks Brings in Blizzard Entertainment Talent as CFO
As part of its internal restructuring, PrizePicks has expanded its C-suite with the addition of Marcus Sanford, a former Blizzard Entertainment chief financial officer, who will now serve in the same position at PrizePicks. Blizzard Entertainment Veterans to Now Steer Company His appointment is effective immediately, and he is taking the reins over from Ari […]
Business
October 4, 2024
Betfred to Exit Virginia Too as Its Departure from Arizona Looms
Betfred has announced its exit from yet another US market amid an ongoing downsizing of its business in America. The latest state where the sports betting operator’s products will no longer be available is Virginia where it officially stopped taking bets on Tuesday. The Company Struggled in Virginia Betfred has been gradually exiting the US […]
Business
October 3, 2024
Despite Headwinds for MGM, Analyst Sees Long-Term Growth Potential
MGM Resorts’ shares marked a more than 10% decrease year-to-date as of the market close on Wednesday. Despite the decrease and other short-term challenges an expert is optimistic about the company’s long-term growth prospects. MGM Faces Short-Term Challenges Carlo Santarelli, an analyst with Deutsche Bank, who was recently quoted by Casino.org, spoke about the company’s […]
Business
October 4, 2024
BetMGM Enjoys Strong Progress in Online Gambling
A majority of the US states currently offer sports betting but when it comes to online casino, the number of states where the activity is available is quite low. A total of seven states currently offer legal iGaming but that number may grow in the future in case lawmakers consider benefitting from new revenue-generating activities. […]
Business
October 3, 2024
BetParx Teams up with Pavillion Payments for Real-Time Transactions
Announced on Tuesday, the partnership will integrate Pavillion Payments’ cutting-edge real-time payment solutions into BetParx’s platforms. Pavillion Payments Brings Real-Time Payment to BetParx Pavillion Payments supports RTP and FedNow networks, providing customers with a streamlined experience that facilitates payouts and deposits without a moment’s delay. BetParx has been working to strengthen the quality of its […]
Business
October 4, 2024
Atlantic Lottery Gets Content Boost from Evolution’s Ecosystem
The upshot is that the Atlantic provinces of Nova Scotia, Newfoundland, Labrador, and New Brunswick will all now benefit from the company’s diverse range of titles. Evolution Expands Content Across Swathe of Canadian Provinces This is possible not just through Evolution’s signature games, but also through the series of acquisitions that the company carried out […]
Business
October 2, 2024
JMP Highlights Importance of In-Play Betting as Revenue Growth Driver
Considering that nearly 40 US states offer legal sports betting, millions of Americans can place bets on their favorite sport and team. The 2018 repeal of PASPA started the exponential growth of the betting vertical and its popularity hasn’t halted since. The expansion of mobile betting helped grow the number of betting markets with more […]
Legal
October 4, 2024
Vegas Headliner Garth Brooks’ Former Stylist Accuses Him of Rape
Las Vegas headliner and country singer Garth Brooks has been accused of sexual assault by a woman who says she served as his makeup artist and hairstylist. The complaint was filed in California and alleged that the now-62-year-old country star had raped the woman who preferred to use the pseudonym Jane Roe. Woman Says Brooks […]
Legal
October 4, 2024
Sorare Stands Its Ground in the Face of UKGC Accusations
Sorare, the fantasy sports platform known for its partnerships with renowned soccer leagues like the Premier League, has pleaded not guilty to accusations from the UK Gambling Commission (UKGC) of offering illegal gambling services. The French-based company, which allows users to collect and trade digital cards featuring professional sportspeople, entered its plea at Birmingham Magistrates’ […]
Legal
October 2, 2024
Former Jaguars Employee Sues FanDuel from Prison
Amit Patel, the former Jacksonville Jaguars executive who pleaded guilty to defrauding the team out of more than $22 million, filed a $250 million lawsuit against FanDuel, accusing the sportsbook of exploiting his gambling addiction. He claims the operator violated its responsible gaming and anti-money laundering policies and profited off his condition. Most of Patel’s […]
Legal
October 4, 2024
Koin Secures Initial Victory in Everi Federal Lawsuit
A lawsuit between two technology companies that power the gambling sector with cashless solutions recently picked up speed. Earlier this year, Koin Mobile, a company providing cashless solutions, filed a lawsuit against its rival, Everi, a recognizable technology and solutions provider that operates in the same vertical, alleging digital wallet infringement. Koin Will Continue Its […]
Legal
October 1, 2024
Authorities Arrest the Accomplice of Casino Machine Manipulator
The authorities have arrested the alleged accomplice of a man who tampered with a video roulette machine at a casino in Louisiana. The duo is believed to have manipulated a machine in order to cash in thousands of dollars in tickets. The Two Men Are Said to Have Manipulated a Gambling Machine According to the […]
Legal
October 3, 2024
BetMGM Faces Increased Scrutiny in Massachusetts Over Banned College Bets
BetMGM is under more scrutiny in Massachusetts after an audit showed more rule-breaking about banned sports bets. Massachusetts Probes BetMGM Over $200,000 in Prohibited NCAA Football Prop Bets The problems first reported earlier this year, are about over 15,000 prop bets on how NCAA football players did during the 2023 season. These bets’ handle reached […]
Legal
September 30, 2024
Plaintiffs Seek to Resurrect Las Vegas Antitrust Lawsuit
A group of former hotel guests have filed a brief with the US Court of Appeals for the Ninth Circuit, arguing that many Las Vegas casino hotels are engaging in price-fixing, violating local antitrust laws. This complaint follows an earlier dismissal of a Las Vegas hotel price-fixing lawsuit. The earlier lawsuit claimed that major operators […]
Legal
October 2, 2024
Analysts Say Dragon Train Creator Quit Light & Wonder as Aristocrat’s Lawsuit Raged On
Emma Charles, the lead developer of the controversial Dragon Train game is no longer working for Light & Wonder, according to full-service investment banking and corporate banking specialist Truist Securities. As reported by NEXT.io, Truist said also that gambling provider might be consider replacing the game with another one following the recent preliminary injunction. Charles […]
Legal
September 30, 2024
Shareholder Lawsuit May Derail Apollo-Everi Acquisition
Dan Clancy, a shareholder of Everi Holdings, on Wednesday, 25 September, filed a suit to block the proposed $6.3 billion deal by Apollo Global Management to acquire the company. The lawsuit accuses Everi’s board of directors of violating securities laws by submitting a misleading and incomplete proxy statement regarding the deal. The Deal Has Significant […]
Sports
October 4, 2024
NHL, NFL Caution Canadian Lawmakers on Sports Betting Ad Restrictions
Expanding sports betting across North America helped create new sponsorship and gambling advertising opportunities. Available in nearly 40 US states as well as in Canada, wagering attracts sports aficionados and bettors alike. Bill S-269 Picks up Speed in Canada but Raises Concerns Amid the expansion, lawmakers in Canada are considering a new gambling ads bill […]
Sports
October 3, 2024
Genius Sports Brings Xbox Visionary as Independent Board of Directors
Welcoming Robbie Bach, a former Xbox boss, Genius Sports is looking to tap into the visionary’s ability to steer companies towards success. Genius Sports Taps Console Game System Visionary as Director Although his experience may be disparate to the specific industry he is now going to work in as part of the Board of Directors, […]
Sports
October 2, 2024
BYB Extreme Bare Knuckle Celebrates a Decade in Combat Sports
The first day of October marked the decade-old anniversary of BYB Extreme Fighting Series, the modern-day originators of bare-knuckle fighting in the United States and also the largest bare-knuckle fighting organization on the planet. The 2014-founded organization managed to successfully precede its competitors by four years. With origins traced down in combat sports icon Dada’s […]
Sports
October 3, 2024
Californian Tribes Want Sports Betting to Become Reality in 2026 or 2028
During CNIGA’s last meeting, tribal leaders came together and decided that they were going to push to place a sports betting measure on either the 2026 or 2028 ballot, hoping to pave the way for sports gambling in California before long. CNIGA Determined to Push Forward with Sports Gambling A previous measure, which was supposed […]
Sports
October 2, 2024
TexBet Slapped with AU$33,000 Fine in NSW
The Liquor & Gaming NSW took issue with O’Shea Bookmaking, known to the wider audience as TexBet, its trade name, in one instance where the company had accepted bets from a player who was trying to close their account. Liquor & Gaming NSW Brings Operator to Heel over Promotion The case was viewed at Downing […]
Sports
October 3, 2024
Ohio Sets Monthly Revenue Record in August with $204.1M Raked In
Ohio’s 11 casinos and racinos have managed to bring in as much as $204.1 million, outpacing expectations and setting a new record, the Ohio Casino Control and Lottery Commission reported. Revenue Sets New Record in Ohio for August Factoring in the latest revenue rake, licensed operators in the Buckeye State have brought in $1.6 billion […]
Sports
October 2, 2024
Buffalo Bills vs. Houston Texans Week 5 Odds, Time, and Prediction
Last weekend, the Buffalo Bills suffered their worst loss since November 2021. They’re hoping to bounce back in Week 5, but beating the Houston Texans at NRG Stadium won’t be easy. After all, that’s the place where the visitors from Buffalo haven’t won since 2006. Buffalo Bills vs. Houston Texans Week 5 Odds Moneyline Odds […]
Sports
October 3, 2024
Brooklyn Man Pleads Guilty in Sports Betting Scheme Involving Jontay Porter
A man from Brooklyn has pleaded guilty in a sports betting scandal that had an impact on former NBA player Jontay Porter resulting in Porter’s permanent exclusion from the league earlier this year. Long Phi Pham Confesses to Wire Fraud Long Phi Pham also called Bruce Pham confessed in federal court to plotting to commit […]
Sports
October 2, 2024
Las Vegas Raiders vs. Denver Broncos Week 5 Odds, Time, and Prediction
The Las Vegas Raiders have a very good record against the Denver Broncos, at least in recent history. They defeated their AFC West rivals in 8 of their last 10 duels, but despite that, oddsmakers see the Broncos as betting favorites in Week 5. To learn why that is the case, and whether we think […]
Industry
October 4, 2024
Brazil Gambling in Healthy State Ahead of Regulated Market Launch
A new study, prepared by LCA Consultoria Econômica and commissioned by the Brazilian Institute of Responsible Gaming, shines new light on how gambling affects Brazilian households. According to the report, while Brazil’s sports betting sector records stable growth, its impact on family financial health remains relatively small. New government initiatives should help further reduce gambling […]
Industry
October 4, 2024
Canadian Company Sues Wynn Resorts for Due Diligence Failures
A Canadian company will be taking Wynn Resorts to court for allowing a big time con artist to gamble with stolen money. The plaintiff is seeking damages, alleging that Wynn did not conduct adequate due diligence into the player in question. James Bay: Wynn Did Not Fulfill Its Due Diligence Responsibilities The plaintiff in the […]
Industry
October 4, 2024
Sweden Mulls Possible Tax Reduction to Fight Scourge of Illegal Gambling
Swedish lawmaker Carl Nordblom has suggested that the country may indeed be forced to lower its gambling tax, giving operators more leeway to offer a competitive offer that should, in theory, enable licensed operators to combat the black market. Lawmaker Suggests Government to Renege on Gambling Tax This suggestion comes only a few months after […]
Industry
October 4, 2024
JP Morgan Foresees $2.5bn-$5bn Annual Revenue for Bangkok’s IRs
Thailand, a country that strictly bans gambling except for state-controlled horse races and an official state lottery, will soon hit the refresh button in this department thanks to an important preliminary framework from the Parliament endorsed by Prime Minister Srettha Thavisin’s cabinet in April. The daring framework, which included up to five licenses for IRs […]
Industry
October 4, 2024
Massachusetts Launches Long-Awaited Problem Gambling Initiative
After delays spanning years, gaming officials in Massachusetts are moving forward with a data-gathering initiative that has been on hold for a long time. This project aims to tackle problem gambling. Massachusetts Gaming Commission: Progress on Key Responsible Gambling Project ‘Miraculous’ The project has run into many roadblocks from the start, like political issues and […]
Industry
October 4, 2024
Massachusetts Orders Bovada to Cease and Desist
Online gambling operator Bovada has been slammed with a cease-and-desist letter, this time in Massachusetts. This development confirmed earlier rumors that claimed the Bay State would be the next to take action against the offshore operator. Bovada Restricted in Yet Another State Bovada, for context, is one of the biggest offshore operators in the US. […]
Industry
October 4, 2024
Florida Wants to Hire Vendor to Provide State Problem Gambling Program
Florida is now looking to introduce additional safeguards and ensure that consumers are protected from gambling-related harm at a time when chatter about the potential legalization of more gambling verticals is intensifying. Florida Begins Call for Information Process to Pick RG Vendor With Florida already offering sports betting through the Hard Rock Bet brand, the […]
Industry
October 4, 2024
Gambling Machines Seized in Kentucky, Two People Arrested, Charged
A large-scale operation against illegal gambling and the sale of drugs in Monticello, Kentucky, resulted in the arrest of two young men. Several addresses across the city were searched in the recent police operation. The multi-agency effort included officers with the US Immigration and Customs Enforcement and the Federal Bureau of Investigation. Young Men Arrested, […]
Industry
October 4, 2024
Papaya Gaming Has 14 Days to Leave Michigan Because of Illegal Gambling
Papaya Gaming, a company operating from Tel Aviv, Israel, is now under regulatory attack in the United States. The Michigan Gaming Control Board (MGCB) has published a public statement in which it said that it had sent a cease-and-desist letter to the company. Papaya Gaming Stands Accused of Offering Illegal Gambling in Michigan The MGCB […]
Slots
September 16, 2024
xQc Reveals He Has Gambled Almost $3B on Stake.com
Gaming personality and content creator Felix “xQc” has provided an insight into his wagering habits, revealing that he has so far wagered almost $3 billion. xQc Has Placed over a Million Bets xQc, who is famous for his gaming content, is also known as an avid gambler. The prominent streamer has even been previously accused […]
Slots
September 11, 2024
The Tumbles Crack the Frosty Cover of the Ice Age
Relax Gaming, an acclaimed iGaming studio and provider of aggregation services as well as its own original content, has come up with a crafty new title that spans a grid of six-by-six rows and reels. The Tumbles Metrics Thaw The Ice and Get a Big Payout in the Prehistoric Summer The Tumbles, a worthwhile successor […]
Slots
July 30, 2024
Habanero Releases Glory of Rome with Expanding Wilds and Free Spins
The creator of award-winning slot, table, and video poker games popular in all gaming markets, Habanero, has announced the release of Glory of Rome, the latest 5×3 slot with expanding multiplier wilds and free spins. The launch follows a series of other fresh releases from the studio certified in 23 markets, including Koi Koi Treasure, […]
Slots
September 6, 2024
Participate in the Ultimate Elections Showdown in Dragon Gaming’s Red vs Blue
Dragon Gaming has unveiled a new elections-themed slot game that will allow players to take control as the Red and Blue sides clash. Red vs Blue: Spin to Win will capitalize on the elections hype, putting power in the hands of slot enthusiasts. Red vs Blue: Spin to Win Metrics: Pick Your Party: Your Choices […]
Slots
July 29, 2024
Pragmatic Play Continues Greek God Series with Bow of Artemis
Leading game developer certified and licensed in more than 40 jurisdictions that provides player-favorite games to the most successful global brands in the iGaming industry, Pragmatic Play, has added a fresh installment to the successful Greek mythology series. The studio that offers multi-award-winning content launched Bow of Artemis, a slot with multipliers of up to […]
Slots
September 5, 2024
Swintt Enlivens Premium Portfolio with Big Max Door
Players who have a bit of a soft spot for Swintt’s games will be pleased to know that the developer’s latest installment in the company’s top-of-the-range portfolio – Premium – has now grown with the addition of a fresh title – Big Max Door. Big Max Door Metrics Exciting Opportunities for a Win at Every […]
Slots
July 25, 2024
Swintt’s ELYSIUM Studios Launches Fox Tale with Pick-a-Path Bonus
Swintt’s developer subsidiary ELYSIUM Studios acquired by the innovative star in the iGaming market in January 2024 has announced the launch of Fox Tale, a brand-new Japanese-themed slot with free spins and a Pick-A-Path bonus. Fox Tale Metrics Overview Enter the Japanese Forest and Meet Fox-Lady Kitsune The game introduces players to the world of […]
Slots
August 27, 2024
Experience the Sweetness of Winning in Dragon Gaming’s Mo’ Honey Mo’ Money
Dragon Gaming, a leading provider of gaming content, has unveiled its latest cutting-edge slot, Mo’ Honey Mo’ Money. As the title suggests, the game will send players on a sweet and lighthearted adventure in that they will help the worker bees produce tons of honey and money. Mo’ Honey Mo’ Money Metrics “Bee Ready for […]
Slots
July 25, 2024
Stakelogic Releases Emperor’s Champion With up to 12,500x Max Win
Casino games studio with a goal to offer state-of-the-art titles that can “change the way players play,” Stakelogic, has announced the launch of Emperor’s Champion. The new 5×4 video slot counts 20 paylines, has variable RTP, and a maximum win potential of up to 12,500x the bet, which means it caters to the needs of […]
Blockchain
September 27, 2024
Binance Collaborates with India Authority, Brings Down Massive Scam
The largest cryptocurrency exchange, Binance, recently helped law enforcement in India to bring down a large-scale scam valued at nearly $50 million. Pig-Butchering Scheme Dismantled The fraudulent action involved an app called Fiewin that lured users into an infamous “pig butchering” scheme by offering easy earnings and low risk. The scammers used a range of […]
Blockchain
September 23, 2024
Motherland Casino by Iggy Azalea Set to Boost MOTHER Token
Iggy Azalea, the famous singer, entrepreneur and recognizable artist, announced the upcoming launch of its new online casino called Motherland. The singer uncovered details regarding the new online casino during her “Motherland Rodeo” event taking place in Singapore on Friday. The Motherland Platform Brings a Range of Casino Games The new online casino is expected […]
Blockchain
August 26, 2024
Vitalik Buterin Says Polymarket Isn’t Gambling Amid DeFi Discussion
Vitalik Buterin, Ethereum’s co-founder, has opposed the claims that Polymarket constitutes gambling. According to the blockchain expert, this belief marks a significant misunderstanding of the nature of prediction markets. Polymarket Is Not Gambling, Buterin Says Polymarket, for context, is the world’s largest prediction market, offering trading markets on the world’s most hotly debated topics, including […]
Blockchain
September 19, 2024
Trump Becomes the First US President to Complete a Bitcoin Transaction
Ex-POTUS Donald Trump has once again made headlines, this time for becoming the first US president in history to conduct a Bitcoin transaction. Trump, who remains an avid businessman, has long demonstrated interest in the crypto world, hoping for further backing as the November election looms. Trump Made History at the PubKey Crypto Bar The […]
Blockchain
August 13, 2024
B.C. Crypto Trading Firm Accused of Defrauding Customers of $13M
The B.C. Securities Commission, the independent provincial government agency that oversees investment markets that benefit the public, released details regarding a probe into a B.C.-based crypto trading platform. The B.C. Securities Commission (BCSC) panel alleged that ezBtc, a platform incorporated by then-B.C. resident, David Smillie, was responsible for diverting approximately CA$13 million of customer assets […]
Blockchain
September 12, 2024
New Memebet Casino Token Presale Targets Degen Gamers
Meme coins are the hype of 2024 and while some downturn was seen during the summer, the market for the popular coins that many select as investment is expected to rebound later this year. In the first few minutes of its initial coin offering (ICO), the upcoming GameFi-driven online casino platform, Memebet Casino, was able […]
Blockchain
July 31, 2024
DraftKings to Shut Down NFT Marketplace and Reignmakers
American betting giant DraftKings had decided to shut down its non-fungible token (NFT) marketplace and cease the operation of its NFT-based fantasy sports game, Reignmakers. The decision comes amid legal challenges against NFTs’ status as investable securities. The End of an Era The ongoing challenges the NFT sector faces could have made DraftKings liable in […]
Blockchain
September 3, 2024
Telegram CEO’s Arrest Reveals Platform’s Channels Ties to Crypto Gambling
The investigation of Telegram chief executive officer Pavel Valeryevich Durov who was recently taken into French police custody triggered serious concerns regarding the promotion of illegal crypto-based gambling sites on the platform “Politically Motivated Arrest” The Russian-born CEO was arrested at an airport north of Paris under a warrant for offenses in relation to the […]
Blockchain
July 16, 2024
Founder of Crypto Casino Admits to Misusing Investor Funds, Resigns
The founder of an up-and-coming crypto casino that seeks to deliver customers odds equal to the ones with the house, reportedly admitted to gambling away a solid sum belonging to investors. The case involves the crypto casino platform, Zero Edge and its founder, Richard Kim. Besides the founder of Zero Edge, Kim was formerly a […]
Insider
June 7, 2024
Elliott Rapaport: “Birches Health Works to Ensure Access to Responsible Gambling Tools is Front and Center”
In our conversation with Birches Health CEO Elliott Rapaport we go through all the check boxes to better understand how bettors can stay safe. Rapaport argues that the important thing is to learn how to be smart about your wagers and bet responsibly. There are a number of ways to achieve this, but some practical […]
Insider
April 2, 2024
GameChanger 360’s Moses Swaibu on Influencing the Future of Sports Integrity
GameChanger360 CEO Moses Swaibu is setting out to become one of the most influential figures in the ongoing dialogue about sports integrity. Coming from a place of lived experience, Swaibu launched GameChanger360 as an opportunity to drive a meaningful impact on athletes and organizations who are increasingly aware of the values of fairness, and how a more […]
Insider
September 6, 2023
Robert Filic: “We Aim to Provide Operators with the Tools to Enhance the Player Experience”
Localization has supplanted the “one-size-fits-all” approach with the onus now on iGaming businesses to provide consumers with excitement and features that cut close to home. Filic offers his insight into the matter as part of the Bragg Gaming Group. Q: How have engagement products/tools helped drive success for your company? Success comes not from the […]
Insider
January 24, 2024
Sumsub’s Ilya Brovin on Preventing Gambling Fraud in 2024
Online gambling continues to grow with an expected growth rate of 7.76% each year, with a projected revenue of $138.1 billion in 2028. Much as the gambling industry sees rapid growth, so do the cases of fraud, leaving gaming operators overwhelmed. Bonus abuse and affiliate fraud are two of the more common types of fraud […]
Insider
July 20, 2023
Viant Builds Omnichannel Ad Campaigns in the Age of Rapid Online Gambling Industry Growth
Jon Schulz is the Chief Marketing Officer at Viant Technology. In this role, Jon leads brand and product marketing, advertising and demand generation, strategic partnerships, corporate communications and creative services. Jon also serves as the corporate sustainability lead for Viant Jon is a recognized industry thought leader with more than 30 years of experience in […]
Insider
December 8, 2023
The Dutch Data Dilemma
The Netherlands’ regulator is cracking down on operators which don’t meet its strict requirements on data storage. BetComply Director Mike de Graaff and Pretty Technical Director of Operations Tom Squirrell take a closer look at how to avoid sanctions. Q: The Dutch regulator (KSA) recently issued a warning to Holland Casino, noting that it could […]
Insider
July 19, 2023
We Are Gently Testing the Asian Market and SiGMA Is the Perfect Opportunity
BETBY is making its debut in the Asian market at the now-live SiGMA Asia event and is showcasing its leading product suite. With an engaged market ready to experience its products, Chief Operations Officer, Eva Berkova, explains how excited BETBY is to make its first foray into Asia. Q: What brought about BETBY’s decision to […]
Insider
December 7, 2023
Kalin Kalinov: “We are actively contributing to the evolution of crypto payments”
In this Conversation with CoinPayments CMO Kalin Kalinov, we take an extensive look into the iGaming industry and its adoption of digital currencies in the face of cryptocurrencies. The company further outlines its own time-tested and resilient approach that allows it to carry forth despite the challenges in the sector, delivering an impactful and business-defining […]
Insider
June 30, 2023
ZingBrain AI CPO Oleg Smolerov: “AI is Transforming Online Gaming – Make It Work for You”
Artificial intelligence (AI) technology has well and truly arrived in the public consciousness over the last few months, with tools such as ChatGPT, DALL·E 2 and Midjourney delighting millions of users worldwide. At the same time, AI’s first mass-market moment has been greeted with both excitement and concern, as businesspeople, politicians and other stakeholders get […]
Poker
October 3, 2024
UPT Uncovers Exciting Schedule for 2024 and Beyond
The World Poker Tour (WPT) has announced its upcoming lineup of high-profile events that will capture the attention of poker pros and fans worldwide. With event stops in Paris, Montreal, Las Vegas, and Cambodia, WPT is preparing for an action-packed few months of tournaments. While fans in some regions may be disappointed, the championship has […]
Poker
October 2, 2024
Join October’s Dual Venom Tourneys for Next to Nothing with Venom Fever
October is an exciting month for poker fans with their eyes on the upcoming $5 Million NLH PKO and $1.5 Million PLO PKO Venom tournaments scheduled by ACR Poker to kick-start Day1A on the 13 of the month – a lucky day for a lot of players, for sure. The iconic poker site has thought […]
Poker
September 25, 2024
ACR Poker, Ready for Venom Warmup and Dual Tourneys in October
ACR Poker, the 2001-founded iconic online poker site that serves parts of the United States, Canada, Latin America, and a few other countries, has announced a particularly interesting October for fans of the game. Namely, the platform that was originally known as Americas Cardroom until its July 2023 rebranding, will start the month with the […]
Poker
September 30, 2024
Poker Icon and Legendary Gambler Archie Karas Passes Away
One of the most iconic gamblers and Las Vegas legendary players, Archie Karas, reportedly passed away at 73. A recently posted thread on AzBilliads Forums confirms the passing of the legendary player, who is famous for a winning spree called “The Run,” which saw him accumulate tens of millions of dollars in several years back […]
Poker
September 17, 2024
Hustler Casino Live Temporarily Suspended from YouTube, Moves to Twitch
Hustler Casino Live (HCL), a well-known poker livestream, is dealing with a short-term hiccup because of a week-long YouTube ban. The poker stream, which attracts lots of attention with tens of thousands of people watching live now has to change its broadcasting plan for the near future. Hustler Casino Live Shifts to Twitch Following YouTube […]
Poker
September 30, 2024
California Governor Signs Bill Letting Tribes Challenge Private Card Rooms
California’s Governor Gavin Newsom has put his signature on Senate Bill 549 making it law. This new legislation gives Native American tribes the right to take legal action against private card rooms. Political Clash Erupts Over Tribes’ Rights to Challenge California Card Rooms The tribes claim that card rooms are breaking the law by running […]
Poker
September 16, 2024
Stake.com Grows Offerings with Real Money Poker Launch
Curacao-licensed cryptocurrency casino and sportsbook platform, supporting more than 20 cryptocurrencies, Stake.com, expanded its offering with the addition of real money poker games. The announcement came last week with Stake confirming the addition of real money poker games to its global dotcom platform. The launch marks a milestone moment for the platform. Undoubtedly, poker fans […]
Poker
September 27, 2024
WPT Taps Into Sweepstakes World with New ClubWPT Gold
The 2024 World Poker Tour (WPT) World Championship in December will set the ground for a twist that the iconic social poker site has announced with bells and whistles. Namely, WPT has expressed its plans to direct its attention to the sweepstakes side of online poker with the launch of the much-anticipated ClubWPT Gold, a […]
Poker
September 6, 2024
Rediscover the Thrill of Poker in Trapped, a New Graphic Novel
Poker commentator and stand-up comedian Joe Stapleton has launched a Kickstarter campaign for Trapped, a new poker-themed graphic novel. Described as a “Rounders meets Deadpool,” the comic will follow the story of a fictional counterpart to Stapleton. The comic was illustrated by Neil Gibson, who is an experienced comic book artist and founder of Twisted […]
Casino
October 4, 2024
Wichita and Affiliated Tribes to Transition to Solar Power with DOE Grant
The Wichita and Affiliated Tribes have shared their plans to switch to solar energy. They are making this move with the help of a $3.8 million grant from the US Department of Energy (DOE). Solar Project to Save $9M and Power Sugar Creek Casino and Hotel by 2025 This project has an impact on cutting […]
Casino
October 4, 2024
New York Mandates Addiction Warnings on Gambling Ads
Governor Kathy Hochul has signed a new bill into law that imposes stricter regulations on gambling advertisements in New York. The legislation, S1550/A1118, requires that all advertisements for gambling and sports betting must include warnings of the addictive and harmful effects of gambling. This legislation now extends previous requirements that required gambling advertisements to display […]
Casino
October 1, 2024
Lucky Gambler Wins $415K Jackpot at Hard Rock Casino Atlantic City
Many gamblers dream of winning a massive jackpot with a little bet. While that’s not what happens most of the time, there are cases of fortunate players who turned a tiny wager into a six-figure prize. This is precisely what happened to one Hard Rock Hotel and Casino visitor in Atlantic City, New Jersey, who […]
Casino
October 3, 2024
Caeasars Launches Horseshoe Online Casino, Exit WynnBET
Caesars is happy to be introducing the Horseshoe Online Casino, which is essentially allowing the company to run two iGaming operations focused on games of chance in the Great Lakes States. WynnBET Bows Out to Make Room for Horseshoe Online Casino Securing the skin from WynnBET earlier this year in February and finalizing the deal […]
Casino
October 1, 2024
Demolition of the Iconic Tropicana Las Vegas to Take Place on October 9
The iconic Tropicana Las Vegas will come down on October 9, 2024. This demolition will signal the end of a famous era and start a new chapter in Las Vegas history. The space will then be used to build a cutting-edge stadium for the Oakland Athletics. Bally’s Corporation plans to develop a top-notch entertainment resort […]
Casino
October 2, 2024
Hollywood Casino at Kansas Speedway to Add Hotel After 10-Year Delay
Hollywood Casino in Kansas City is considering constructing a new hotel after years of delays. This would finally align the property with its vision to offer a resort experience near the Kansas Speedway racetrack. The Hotel Might Finally Become a Reality Hollywood Casino officially opened in 2012 and was set to start constructing its hotel […]
Casino
September 27, 2024
Star Entertainment Navigates Choppy Financial Seas with Creditors
As losses loom and the company steps into the new financial year on shaky ground, Star Entertainment has been able to negotiate an AU$200 million (138.9 million) credit that will be drawn in October and December, in separate tranches. Star Is Walking a Thin Financial Rope and Aid Is Direly Needed Creditors have shown a […]
Casino
October 2, 2024
Judge Dismisses Class Action Against Atlantic City Hotels Over Price-Fixing
A legal fight over supposed price-fixing in Atlantic City hotels has ended, with big casino hotel companies, like Caesars Entertainment and MGM Resorts beating the claims. Cendyn’s Rainmaker Software Under Scrutiny as Hotel Pricing Controversy Unfolds US District Judge Karen Williams, who handled the case in Camden, New Jersey, threw out the proposed class action, […]
Casino
September 27, 2024
Ireland’s Gambling Regulation Bill Sparks Heated Debate Among Senators
Ireland’s Gambling Regulation Bill 2022 set off a hot debate among senators in the Oireachtas, with senators voicing both support and concern over the proposed legislation, which aims to modernize and regulate the fast-evolving gambling industry. The bill has sparked discussions on a broad range of issues, from gambling advertisements to protecting vulnerable groups like […]
Lottery
October 4, 2024
Virginia Lottery Player Buys 30 Winning Tickets in a Single Drawing
Any lottery win can bring excitement, but scoring a top prize is undoubtedly even more thrilling. In the case of one retiree from Chesapeake, Virginia, the thrill was multiplied by 30 times. This is because the lucky player hit a winning combination on a total of 30 lottery tickets within the same drawing. The Winner […]
Lottery
October 4, 2024
Aussie Powerball Player in Shock After AU$12M Jackpot Win
The life of one lottery player from Kangy Angy, Australia, completely changed following the Powerball drawing on Thursday night. To the surprise of the lucky winner, he was notified about his unexpected windfall while at work on Friday. A Single Winner Collects Division One Prize from Powerball’s Latest Drawing The Lott did not release the […]
Lottery
October 1, 2024
Powerball Jackpot Swells to $275M for Upcoming Drawing
Many Powerball players tried their luck on Monday but sadly nobody was able to win the estimated $258 million jackpot. Nobody Matched All Winning Numbers on Monday’s Powerball Draw The popular game’s latest drawing saw winning white balls 9, 11, 30, 43, 69 and red Powerball 20 drawn. The jackpot, estimated at $258 million or […]
Lottery
October 3, 2024
LA Judge Dismisses $2bn Claim Against Powerball Winner Edwin Castro
A Los Angeles Superior Court judge has dismissed the lawsuit against Edwin Castro, the man who won the $2.04 billion Powerball, the largest lottery prize in history, in a case that has stirred a lot of controversy in the media. The lawsuit, originally filed in February 2023 by landscape gardener Jose Rivera, claimed that Rivera […]
Lottery
September 26, 2024
Michigan Lottery Winner Scores $1.72M Lotto 47 Jackpot
A lucky lottery player in Michigan became the fifth jackpot winner for the year from Michigan Lottery’s Lotto 47 game. Winner Hits Lotto 47 Jackpot Lottery officials confirmed that one person, who purchased a ticket for the game online at MichiganLottery.com, won the game’s jackpot on Wednesday, a hefty $1.72 million. To win the game’s […]
Lottery
October 2, 2024
Mega Millions $1.13B Remains Unclaimed as Deadline Approaches
On March 26, one lucky soul won the Mega Millions top prize worth $1.13 billion, but nobody has come forward to claim the reward. As the ninth largest in the history of lottery jackpots in the United States, the explanation is only one. One of Largest Mega Millions of Jackpots Sits Unclaimed The person who […]
Lottery
September 23, 2024
Two Mega Millions Players Nearly Miss the Game’s Grand Prize
Close to $50 million was up for grabs as the grand prize from Mega Millions on Friday. The popular game’s latest drawing saw the white balls 20, 21, 40, 49 and 55 drawn, along with the gold Mega ball 11. Regretfully, nobody matched all winning numbers to win the estimated $47 million jackpot. Mega Millions […]
Lottery
October 2, 2024
Allwyn Moves International Headquarters to Switzerland
Allwyn International AG, the company that previously operated out of the Czech Republic, has found a new home in Switzerland, reincorporating itself in the European country. Allwyn Moves Corporate Home to Switzerland The change of home turf has been accompanied by the transfer of €500 million ($553 million) worth of senior secured notes due in […]
Lottery
September 23, 2024
Powerball Jackpot Grows to $208M for Sep 23 Drawing
The Powerball jackpot continues to swell after yet another unsuccessful drawing. While no one claimed the big jackpot, however, two players scooped up significant prizes. The Drawing Handed Seven-Figure Prizes to Two Players The September 21 drawing was largely unremarkable, resulting in no jackpot win. With some $197 million on the line, potential winners would […]
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FAQ
What is gambling?
Gambling is the practice of risking money on the outcome of a game such as roulette, slot game, blackjack, or a sport bet in the hopes of winning more money. Gambling carries a significant risk of losing money altogether.
Why do people gamble?
People gamble for fun. Players enjoy spending money on gambling products both for the joy of playing and because they hope to win something back. For a small percentage of players, however, gambling can develop into a serious problem.
Is it legal to gamble at home?
Yes. Gambling from home is legal in most countries, but there are laws and jurisdictions that prohibit such gambling. Gambling from home may refer to online gambling, but it may also refer to the act of hosting gambling games at home for others to attend. While generally legal, you must always check with your local laws.
What are the most popular forms of gambling?
Casino, sports betting, lotteries, poker, and race betting are all popular forms of gambling. They are offered by the same and different brands and cater to different audiences.
How do you gamble?
To gamble, you need to visit a licensed land-based or online venue. You can bet on sports, play casino games, or participate in lotteries if you wish to gamble.
Is gambling an investment?
No, gambling is not an investment in any sense of the word. Most gambling games are designed in such a way that “the house” always have a statistical edge which will let it win in the long-term, no matter what players do. Investment allows you to use your knowledge to make better decision that can lead to profitability unlike gambling.
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