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Sports
September 20, 2024
NFL and NBA Express Concerns Over SAFE Bet Act’s Restrictions on Betting
The NFL and NBA have responded to the SAFE Bet Act, a new federal bill that aims to regulate sports betting. While the leagues value the bill’s intentions, they worry about some parts that limit advertising and ban live betting. SAFE Bet Act Proposes Limits on Sports Betting Ads and Live Betting Rep. Paul Tonko […]
Sports
September 20, 2024
Tabcorp Announces Chairman Akhurst’s Departure Amid Financial Struggles
Tabcorp Holdings has made it known that Bruce Akhurst, its chairman, will leave his position after the company’s Annual General Meeting in October 2024. Akhurst has been the chairman since Tabcorp split from The Lottery Corporation in 2021. Tabcorp Reports Huge Net Loss and 57% Drop in Stock Price Akhurst’s exit comes after a tough […]
Business
September 19, 2024
MGM Resorts Financially Equipped for Big Projects, Analysts Suggest
Earlier this month, the leading hospitality, gaming and entertainment company, MGM Resorts, announced it raised debt sale from $675 million to $850 million. The announcement signaled the company’s intentions to raise more money through debt than it initially anticipated. That strategic move isn’t bad by any means, especially considering MGM Resorts’ solid performance and growth […]
Industry
September 19, 2024
More Operators Apply for Licenses After Brazil’s Recent Warning
Several gambling companies have applied for sports betting licenses in Brazil following the Ministry of Finance’s recent warning. While these companies will likely be unable to launch at the regulated market’s opening, they will not risk legal problems in the country. Six More Companies Have Submitted an Application Brazil’s Ministry of Finance just announced that […]
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 […]
Industry
September 19, 2024
Videoslots Objects to Dutch Penalty Even as KSA Lowers the Fine
The Kansspelautoriteit (KSA), the Netherlands’ gambling authority, has agreed to reduce Videoslots’ record-breaking penalty but the operator remains reluctant to pay. According to a spokesperson from the company, Videoslots should not be punishable because it did not commit the alleged violation. KSA Handed a Record-Breaking Penalty to Videoslots For context, the KSA had slammed Videoslots […]
Industry
September 19, 2024
DraftKings Contributes $5M to Missouri Sports Betting Legalization Campaign
DK Crown Holdings Inc., the parent company of industry-leading operator DraftKings, has made a significant move in the ongoing effort to legalize sports betting in Missouri by donating $5 million to the “Winning for Missouri Education” campaign. The contribution is Missouri’s most substantial political donation in over 16 years in the push to legalize sports […]
Industry
September 19, 2024
Millions of UK Gamblers Continue to Engage with Black Market Operators
A groundbreaking study by Frontier Economics, commissioned by the Betting and Gaming Council (BGC), revealed that 1.5 million Brits are wagering up to an estimated £4.3 billion annually on illegal gambling platforms. This report is the first high-profile investigation into the black market since the UK government’s White Paper on gambling reform, revealing the increasing […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Business
September 19, 2024
MGM Resorts Financially Equipped for Big Projects, Analysts Suggest
Earlier this month, the leading hospitality, gaming and entertainment company, MGM Resorts, announced it raised debt sale from $675 million to $850 million. The announcement signaled the company’s intentions to raise more money through debt than it initially anticipated. That strategic move isn’t bad by any means, especially considering MGM Resorts’ solid performance and growth […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Business
September 18, 2024
VGW Reports Stellar Profits Despite Market Setbacks
Laurence Escalante’s gaming powerhouse, Virtual Gaming Worlds (VGW), has maintained its upward trajectory, booking a net profit of $492 million for the year up to 30 June. This figure represents a 30% climb from last year as the operator realized a record revenue of $6.1 billion. Despite regulatory challenges in its US market, the business […]
Business
September 19, 2024
Playtika to Acquire Developer of Dice Dreams and Domino Dreams SuperPlay
Mobile games pioneer and interactive entertainment leader Playtika Holding Corp. announced it entered into a definitive agreement to acquire SuperPlay in a deal that may surpass $1 billion. On Wednesday, Playtika uncovered details regarding the acquisition of the leading creator of hit mobile games. Acquisition Expected to Close In Q4 2024 The company revealed that […]
Business
September 18, 2024
EveryMatrix Proposes to Acquire Fantasma Games in $21M Share Buyout
EveryMatrix, a provider of iGaming software, solutions, content and services, just announced a recommended public offer to acquire Fantasma Games by buying out its shares. By acquiring the latter firm, EveryMatrix hopes to dramatically increase its games output. Half of Fantasma Games’ Shareholders Are Already on Board The acceptance period for the offer is expected […]
Business
September 18, 2024
FDJ Secures Regulatory Approvals for Kindred Takeover, Sets Closing Date to October 2
La Française des Jeux (FDJ) is proceeding with its acquisition of Kindred Group. Having cleared all regulatory approvals, the former company provided a closing date for the deal. The French operator, however, must still secure additional approvals from Kindred’s investors. FDJ Will Close the Deal on October 2 The French group said that it has […]
Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Business
September 18, 2024
Jefferies Analyst Bullish on Light & Wonder, Citing Strong Growth Potential
Jefferies Equity Research analyst David Katz has confirmed his positive outlook on Light & Wonder’s future after meeting with the company’s top leaders. Katz Reaffirms ‘Buy’ Rating for Light & Wonder, Raises Price Target Katz kept his “Buy” advice for Light & Wonder’s stock in a recent note to investors. The stock traded at $110.82 […]
Business
September 17, 2024
Enteractive Onboards Former Evolution Account Manager as Head of Sales
Enteractive, a leading company that supplies the iGaming industry with player reactivation and retention, has made a new addition to its leadership team. The company announced that it had appointed the experienced Tim Vindehall as its new head of sales and vowed to leverage his experience to continue its growth trajectory. Enteractive Welcomes a Former […]
Legal
September 19, 2024
Wynn Resorts Reaches $70M Settlement in Investor Class Action
A class action lawsuit against Wynn Resorts and several of its former executives recently reached an important milestone. The legal claim against the company and some of its executives stemmed from sexual misconduct allegations that were allegedly concealed, misleading shareholders between 2016 and 2018. Class Action Lawsuit Finally Reaches Settlement After More than Six Years […]
Legal
September 19, 2024
Texas Judge Rules Infringement Case Against Sportradar Can Proceed
A patent infringement lawsuit filed against Sportradar by PANDA Interactive was granted approval to proceed by a judge earlier this week, a newly released report suggests. PANDA Interactive Sues Sportradar, Alleging Patent Infringement The case was filed by PANDA Interactive back in October as the company took legal action against Genius Sports and Sportradar, alleging […]
Legal
September 18, 2024
Denver Man Found Guilty of Operating Illegal Gambling
The US Attorney’s Office for the District of Colorado announced that a man from Denver has been found guilty of operating illegal gambling. The 38-year-old individual’s sentencing has been scheduled for December. The Man Operated a Gambling Parlor According to the attorney’s office, Jonathan Arvay was found guilty of running an electronic arcade called Player […]
Legal
September 18, 2024
British Columbia Cracks Down on Suspected Casino Money Laundering Scheme
The British Columbia government is seeking a court order to forfeit CAD880,000 ($647,000) deposited as a bond with the Canada Border Services Agency by a man the government alleges was a multimillionaire leader of a criminal gang that ran illegal gaming houses and laundered money through casinos. The suspect, T.L., reportedly has ties to Chinese […]
Legal
September 18, 2024
Private Equity File Motion to Dismiss FanDuel Founders Case
Private equity firms embroiled in the ongoing legal battle that ensued following sports betting and fantasy sports operator FanDuel’s sale to Paddy Power Betfair in 2018 for $559 million have struck back against allegations they breached their fiduciary duties. Defendants, including FanDuel Group, Los Angeles-based investment firm Shamrock Capital Advisors, American global investment company Kohlberg […]
Legal
September 18, 2024
Man Said to Have Used Massage Gun to Steal from Casino Appeared in Court
A man with the initials D.H. has appeared in court after allegedly using a massage gun to steal from a casino in Washington. He was released from custody but prohibited from entering venues with slot machines. The Man “Stimulated” the Machine to Make Coins Fall Casino crime is nothing new as criminals have long recognized […]
Legal
September 16, 2024
UK Man Stole $1.2M of Tax Money to Fuel Gambling Addiction
A senior finance manager faces a hefty sentence for stealing over £930K of taxpayers’ money to gamble. While the man has no previous convictions, he could spend years in prison for his fraud. Doig Channeled Huge Sums Toward His Accounts Alan Doig, 57, served as a senior finance manager at Gedling Borough Council. Between 2003 […]
Legal
September 18, 2024
PAOCC Re-Evaluates Witness Statements in Mass Grave Discovery Case
The Department of Justice (DoJ) in the Philippines has started an official investigation into the alleged mass graves that were revealed as a result of a raid at Lucky South 99, a Philippines Offshore Gaming Operator (POGO) located in Porac, Pampanga. The discovery was possible with help from prosecutors, Philippine National Police Criminal Investigation and […]
Legal
September 16, 2024
Osaka Police Arrest Men Who Laundered Money for Offshore Operator
The Osaka police have arrested three people suspected of involvement in an illegal gambling-related money laundering operation. Authorities believe that the trio has laundered dozens of millions of dollars for black market companies. The Men Were Involved with an Offshore Operator The three arrestees include Hatsuyo Kinoshita, 40, Yukiko Han, 41, and Yuya Santanda, 40. […]
Sports
September 20, 2024
NFL and NBA Express Concerns Over SAFE Bet Act’s Restrictions on Betting
The NFL and NBA have responded to the SAFE Bet Act, a new federal bill that aims to regulate sports betting. While the leagues value the bill’s intentions, they worry about some parts that limit advertising and ban live betting. SAFE Bet Act Proposes Limits on Sports Betting Ads and Live Betting Rep. Paul Tonko […]
Sports
September 20, 2024
Tabcorp Announces Chairman Akhurst’s Departure Amid Financial Struggles
Tabcorp Holdings has made it known that Bruce Akhurst, its chairman, will leave his position after the company’s Annual General Meeting in October 2024. Akhurst has been the chairman since Tabcorp split from The Lottery Corporation in 2021. Tabcorp Reports Huge Net Loss and 57% Drop in Stock Price Akhurst’s exit comes after a tough […]
Sports
September 19, 2024
Renato Moicano vs. Benoit Saint Denis UFC Odds, Time, and Prediction
France’s best lightweight Benoit Saint Denis (13-2-1) has spent six months licking his wounds following the loss to Dustin Poitier. Is he ready to bounce back with a win? Not if you’re asking his opponent Renato Moicano, who’s looking for his third win of 2024. Renato Moicano vs. Benoit Saint Denis Odds Moneyline Odds Renato […]
Sports
September 19, 2024
Washington Commanders vs. Cincinnati Bengals Week 3 Odds, Time, and Prediction
The Cincinnati Bengals are arguably the most disappointing team of the 2024 NFL as they’re 0-2 after two game weeks. However, they have a good chance to record their first win this coming Monday against the Washington Commanders who are 1-1 so far. Bookmakers think they are going to win the MNF game, but what […]
Sports
September 18, 2024
Fantasy Life Taps NFL Tennessee Titans’ Player Tied to Gambling Controversy
Fantasy Life, a daily fantasy sports insight aggregator, has tapped Nicholas Petit-Frere, an active National Football League (NFL) player for the Tennessee Titans as the company’s new Fantasy Football specialist. NFL Player Signs as DFS Expert for Fantasy Sports Company The appointment is somewhat strange and could serve as the basis of a new controversy […]
Sports
September 19, 2024
Inter vs. AC Milan 2024-25 Serie A Odds, Time, and Prediction
Inter Milan is the defending champion of the Italian Serie A. This team is undefeated in the 2024-25 season with a 2-2-0 record. Nerazzurri’s city rival AC Milan is 1-2-1 right now, which is one of the reasons why bookies think Rossoneri are going to lose on Sunday. Another reason why the boys in black […]
Sports
September 18, 2024
Manchester City vs. Arsenal 2024-25 Premier League Odds, Time, and Prediction
Manchester City vs. Arsenal is a duel between two teams that finished first and second in the Premier League last season. They’re occupying those two positions in the 2024-25 Prem as well. Man City are at the top with two points more than the Gunners, meaning that we could see some reshuffling in the standings […]
Sports
September 19, 2024
Nassourdine Imavov vs. Brendan Allen UFC Odds, Time, and Prediction
Nassourdine Imavov is 4th and Brendan Allen is 8th in the UFC Middleweight Rankings but a win at UFC Fight Night 243 would probably move the winner closer to the top. Knowing this, it’s clear that the Imavov vs. Allen fight is of crucial importance for each fighter. We predict that they’ll both give their […]
Sports
September 18, 2024
Anthony Joshua vs. Daniel Dubois Odds, Time, and Prediction
Daniel Dubois (21-2) earned the IBF interim crown after beating the previously undefeated Filip Hrgovic in June. After Oleksandr Usyk handed over the title, a mega clash between two UK heavyweights was set up – Joshua vs. Dubois. On September 21 at Wembley, Anthony Joshua (28-3) will be making his 13th appearance in a world […]
Industry
September 19, 2024
More Operators Apply for Licenses After Brazil’s Recent Warning
Several gambling companies have applied for sports betting licenses in Brazil following the Ministry of Finance’s recent warning. While these companies will likely be unable to launch at the regulated market’s opening, they will not risk legal problems in the country. Six More Companies Have Submitted an Application Brazil’s Ministry of Finance just announced that […]
Industry
September 19, 2024
Videoslots Objects to Dutch Penalty Even as KSA Lowers the Fine
The Kansspelautoriteit (KSA), the Netherlands’ gambling authority, has agreed to reduce Videoslots’ record-breaking penalty but the operator remains reluctant to pay. According to a spokesperson from the company, Videoslots should not be punishable because it did not commit the alleged violation. KSA Handed a Record-Breaking Penalty to Videoslots For context, the KSA had slammed Videoslots […]
Industry
September 19, 2024
Kahnawake, Anjouan, or Tobique: The Best Alternatives When Curaçao Licenses Fall Short
Curaçao has long been a key player in this market and has recently undergone regulatory changes. Meanwhile, alternative jurisdictions such as Kahnawake, Anjouan, and Tobique are increasingly drawing the attention of operators. Regulatory Changes in Curaçao Many operators have traditionally opted for a Curaçao license due to its accessibility and straightforward process, especially during the […]
Industry
September 19, 2024
Millions of UK Gamblers Continue to Engage with Black Market Operators
A groundbreaking study by Frontier Economics, commissioned by the Betting and Gaming Council (BGC), revealed that 1.5 million Brits are wagering up to an estimated £4.3 billion annually on illegal gambling platforms. This report is the first high-profile investigation into the black market since the UK government’s White Paper on gambling reform, revealing the increasing […]
Industry
September 19, 2024
NC Lottery Commission Proposes Sports and Pari-Mutuel Wagering Rules
On Wednesday, the independent, self-supporting, and revenue-raising agency of the State of North Carolina, the North Carolina State Lottery Commission, issued a notice of proposed rulemaking. The agency responsible for licensing and regulating sports betting and wagers on horse racing, under the Sports Wagering and Pari-Mutuel Wagering law, had its sports betting committee unanimously vote […]
Industry
September 19, 2024
DraftKings Contributes $5M to Missouri Sports Betting Legalization Campaign
DK Crown Holdings Inc., the parent company of industry-leading operator DraftKings, has made a significant move in the ongoing effort to legalize sports betting in Missouri by donating $5 million to the “Winning for Missouri Education” campaign. The contribution is Missouri’s most substantial political donation in over 16 years in the push to legalize sports […]
Industry
September 19, 2024
Live Casino Pittsburgh Scam Suspects Sentenced to Probation
Casinos across the United States invest in security solutions to ensure the safety and well-being of patrons and employees. Despite CCTV, live guards and other security measures, brick-and-mortar casinos are not immune to crimes, including theft, robberies and scams. In one recent criminal case, two men were sentenced to probation over a scam at a […]
Industry
September 19, 2024
Thai Boxer Sutthiwat Arrested for Promoting Gambling on FB
Thailand is one of the countries where the fight against unlicensed online gambling has been intertwined with talks regarding the potential legalization of casino gaming for years. In April, the country located in the heart of Southeast Asia introduced a fresh policy that would deem illegal gambling operations as serious economic crimes. Between October 2023 […]
Industry
September 19, 2024
Police Officer in Belize Arrested, Charged over Alleged Casino Chips Theft
A police officer from the San Pedro Police Department in Belize, Central America, was recently charged with theft of casino chips from a detainee, a newly released report suggests. The case involves a 28-year-old police officer identified with the initials K.R.D.M., who faced an investigation after accusations of stealing cash and casino chips from one […]
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 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
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 […]
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
June 18, 2024
Gambler Charged for Betting on Taiwan Election via Crypto Site
A man in Taiwan has been accused of allegedly using a crypto betting site to wager on this year’s elections. According to prosecutors from the Shilin District Prosecutor’s Office, a man with the surname “Chen” used the Polymarket platform to wager on the result of the elections that ended on June 13. The same Prosecutor’s […]
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
June 17, 2024
Drake Could Lose $1M in Bitcoin Bets on Stake
In February, Canadian rapper, songwriter, and singer Drake announced he placed a massive bet on the Kansas City Chiefs to beat the San Francisco 49ers at the Super Bowl. This raised concerns among Chiefs’ fans who were familiar with the so-called “Drake curse.” The latter is a belief that all teams backed by the artist […]
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
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 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
August 29, 2024
Celebrity Poker Tour to Feature Hawk Tuah Girl in Its Next Tournament
The Celebrity Poker Tour unveiled a new event featuring a range of stars. Amid other celebrities, the poker organization has also invited Haliey Welch, the woman behind the viral Hawk Tuah meme. Welch Will Star in the Celebrity Poker Tour The fourth iteration of the Celebrity Poker Tour will be shown on the PokerGO subscription […]
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 […]
Poker
August 27, 2024
Three Card Poker Player Wins Nearly $1M Jackpot at Hard Rock Atlantic City
The fortunate gambler won close to $1 million at the Hard Rock Atlantic City this past weekend. The lucky player, trying their hand at three-card poker, drew one of the rarest and most sought-after hands in the game: a Royal Straight Flush. The spectacular hand resulted in an astonishing $943,355 payout. This Achievement Can Draw […]
Poker
September 6, 2024
Triton Poker Super High Roller Series Returns to Monte-Carlo
The world-renowned high-stakes poker series with exclusive, invite-only, streamed, and televised tournaments reuniting the best players in the world together with celebrities and business moguls, the Triton Poker Super High Roller Series, has announced it would return to Monte-Carlo this fall. The organizers of the series, which counts among the most exclusive poker tournaments on […]
Poker
August 27, 2024
Seth Davies Defeats Juan Pardo to Win Super High Roller Bowl IX
Professional poker player Seth Davies has made history by winning the Super High Roller Bowl IX. Now, the poker pro has added $3.2 million to his winnings track record. Davies Defeated His Opponents The Super High Roller Bowl IX was a high-roller tournament with a buy-in of $300,000. It welcomed 24 seasoned professionals, including Davies. […]
Poker
August 29, 2024
GGPoker to Onboard PokerArabia’s Player Base
GGPoker, the World’s Biggest Poker Room, will welcome the Middle East-oriented poker room PokerArabia to the GGPoker family. PokerArabia, which is the region’s only government-licensed online poker room, will join the GGPoker in what the latter company called a “significant milestone” in its ongoing commitment to open access to global liquidity to online poker markets […]
Poker
August 22, 2024
ACR Poker’s Venom Mystery Bounty & PLO Tourneys End on High Note
The popular cardroom ranked first in terms of payment processing and cashout reliability, ACR Poker, continues to offer “outstanding customer service and a friendly environment for all poker players around the world.” Its latest Mystery Bounty and PLO tournaments have once again delivered great poker action and surpassed guarantees, awarding over $10 million combined. Brazilian […]
Casino
September 19, 2024
Snoop Dogg Joins Streamer Xposed in Blackjack Collab
Cody “Xposed” Burnett, a prominent Canadian streamer, is well-known for his partnerships with celebrities. His latest adventure saw him take no other than the star rapper Snoop Dogg to a casino in Las Vegas. Xposed Took Snoop Dogg to Play Blackjack The latest collaboration saw Xposed and Snoop Dogg go out for a few Blackjack […]
Casino
September 19, 2024
Atlantic City Mayor Indicted on Child Endangerment Charges
Atlantic City’s mayor, Marty Small Sr., and his wife, La’Quetta Small, who runs the city’s public schools as superintendent, face charges for mistreating their teenage daughter. On September 17, 2024, a New Jersey grand jury indicted both on child endangerment charges. The mayor also has to answer for assault and making threats that caused terror. […]
Casino
September 18, 2024
Political Pressure Grows as New York Faces Casino License Delays
Attempts to rush the granting of downstate New York casino licenses have hit major snags even with growing pressure from politicians like State Senator Joseph Addabbo. In 2022, the New York State Legislature gave the green light for up to three new casino licenses hoping to give the local economy a boost through new jobs […]
Casino
September 19, 2024
GiG Sets Sights on Sweepstakes Market in Strategic Split
Gaming Innovation Group (GiG) sees big chances in sweepstakes as it gets ready to split off its platform and sportsbook operations into a separate company. This plan, which aims to simplify operations and boost growth, happens as sweepstakes gaming looks set to grow fast in the US market. Growth forecasts look good even with some […]
Casino
September 17, 2024
Man Arrested for Indecent Exposure at Shreveport Casino
While casino crime comes in all shapes and sizes, most offenses are fortunately limited to short-time disruptions. For example, indecent exposure appears to be on the rise as several recent cases soured the enjoyment of other casino goers and necessitated police involvement. The motives behind these acts remain unclear, but they could be a sign […]
Casino
September 18, 2024
Norfolk Casino to Include Smokers’ Areas, Developers Say
As key markets across America continue to fight for smoke-free casinos, the Norfolk casino project developers have announced that the upcoming property will have dedicated smoking areas. Boyd Gaming promised that state-of-the-art ventilation systems will reduce health risks to the absolute minimum. The Casino Is in Development The Norfolk casino project is the brainchild of […]
Casino
September 17, 2024
Dana White Admits to Winning $26M-$27M at Caesars Palace
Dana White, the Ultimate Fighting Championship’s (UFC) CEO, spoke about the risks associated with gambling, winning big and his experience in one of the most recognizable casino resorts in Las Vegas. The exec recently participated in an episode of the Full Send Podcast, telling interesting stories about his high-stakes bets at Caesars Palace on the […]
Casino
September 18, 2024
Teacher Assistant in Vegas Met with Underage Boy at Sam Town’s Casino
Jerusalem Garcia, 20, has been charged with contact and attempting to contact a minor for sex, the Las Vegas Review-Journal originally reported. Garcia is due to appear in court on Monday, September 30, where she awaits the next stage of the trial. Love Affair Took Underage Boy and Teacher to Sam Town’s Casino Investigators did […]
Casino
September 13, 2024
Activists Accuse Nassau Casino Project of “Environmental Racism”
Las Vegas Sands’ plans for a downstate New York casino resort continue to attract animosity from locals amid a variety of concerns. Some have gone as far as accusing the casino and hospitality company of what they called “environmental racism.” LVS Wants to Develop the Nassau Coliseum Site LVS, for context, plans to develop the […]
Lottery
September 17, 2024
Michigan: Lottery Club Turns Spare Change Into $1M Mega Millions Prize
There are many environmental, economic and community benefits when it comes to recycling. But in one peculiar case from Michigan, a lottery club turned spare change from recycled bottles and cans into a whopping $1 million Mega Millions prize. The Club Sees the Winning as a Huge Blessing The lottery club from Winfield consists of […]
Lottery
September 13, 2024
Florida Man Strikes $1 Million Win from a Scratch-Off Game
An incredibly lucky young man from Thonotosassa, Florida, won $1 million after purchasing a ticket from one of Florida Lottery’s popular scratcher games. Lucky Winner Turns $50 Into $1 Million The Lottery revealed that the fortunate winner, a 39-year-old man named Jamarr Lewter, recently scored a $1 million prize from the $1,000,000 A YEAR FOR […]
Lottery
September 10, 2024
NSW Lottery Player Buys a Ticket Out of the Blue, Wins AU$2.5M
An incredibly fortunate player from New South Wales, Australia will purchase a brand-new car for his parents after scoring a multi-million-dollar win from Saturday Lotto. The man, whose name was not disclosed, visited the lottery headquarters to claim his prize recently. Saturday Lotto Draw 4499 Produces a Total of Eight Winning Entries The win came […]
Lottery
September 12, 2024
Michigan Lottery Players Win Big on Friday the 13th
In different cultures across the globe, Friday the 13th is considered an unlucky day. Despite being seen as unlucky, Friday the 13th is even recognized in a popular American horror movie franchise that includes a dozen films and TV series. While many consider Friday the 13th as an unlucky day and watch out for unexpected […]
Lottery
September 9, 2024
Mega Millions Ticket Price to Increase in April, Reports Say
Mega Millions, one of America’s favorite lottery games, is set to raise the price of its tickets, in line with its earlier plans. The controversial price hike is expected to take place in April, potentially changing how people view the game. The Game Is Set to Change As previously announced, Mega Millions would raise the […]
Lottery
September 11, 2024
Michigan: 70-Year-Old Lottery Player Wins $206K Second Chance Jackpot
An elderly woman from Grand Traverse County, Michigan, was pleasantly surprised by an unexpected windfall after winning a jackpot of more than $200,000. The Michigan Lottery confirmed the win of the 70-year-old lottery player who earned entry into the BIG CA$H second chance jackpot drawing after playing eligible games via the Lottery’s official website. The […]
Lottery
September 9, 2024
Mega Millions Jackpot Soars to $800 Million for Next Drawing
The hype surrounding the Mega Millions jackpot continues to grow and so does the size of the grand prize. Regretfully, nobody matched the winning white balls 6, 23, 41, 59 and 61, along with the gold Mega ball 25 on Friday, allowing the jackpot to continue climbing. With the next drawing scheduled for Tuesday, September […]
Lottery
September 11, 2024
Mega Millions Ticket Sold in Texas Wins Whopping $800M Jackpot
After nearly 30 drawings, an incredibly lucky lottery player finally won the Mega Millions jackpot. The game’s Tuesday drawing saw a single ticket purchased in Texas match correctly all winning numbers, including white balls 1, 2, 16, 24 and 66, along with the gold Mega ball 6. Matching the numbers on Tuesday night, the fortunate […]
Lottery
September 5, 2024
МА Brother and Sister Secure $390K Each from Lucky for Life
Two siblings from Massachusetts have both won huge prizes playing the Lucky for Life game. The two chose the same combination and explained that the numbers had significance to their family. The Brother and Sister Chose the Same Numbers The brother and sister matched all winning numbers for the August 25 drawing, with the exception […]
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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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