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Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Business
October 8, 2024
Esportes da Sorte Acquires ST Soft, Hopes to Open a New Leaf
Brazilian betting operator Esportes da Sorte has successfully obtained authorization to operate in Rio de Janeiro, thanks to its acquisition of ST Soft-operated Apostou.com, which had already received licensing by the state’s lottery provider Loterj in November 2023. This move allows Esportes da Sorte to establish a presence in the lucrative Rio de Janeiro market […]
Business
October 8, 2024
Rhode Island Market Is Shrinking Under Neighboring States’ Pressure
According to a report from the Rhode Island Office of the Auditor General, the Rhode Island Lottery transferred $426.4 million to the state’s General Fund for the fiscal year ending June 30, 2024. This represents a drop of 1.8% or $8.2 million, compared to the previous fiscal year. The report attributed Rhode Island’s decline to […]
Industry
October 8, 2024
PlayFame Onboards Amouranth to Revolutionize Online Entertainment
PlayFame, a new entertainment platform, is preparing to redefine online entertainment. Backed by none other than Amouranth, the platform promises unique social casino experiences. Amouranth Joins the Fray PlayFame has secured a strong lineup of streamers who will stream its games. As mentioned, the platform has entered into a partnership with streamer and model Amouranth […]
Business
October 8, 2024
Regulus Partners Deems Flutter’s US TAM Forecast Overly Optimistic
Global strategic advisory business focussed on the sports and leisure sectors, Regulus Partners (RP), has expressed doubts regarding Flutter Entertainment’s forecast for the total addressable market (TAM) in the US sports betting and iGaming sectors, raising concerns over the company’s optimism. Overly Optimistic Projections Could Hit Challenges Last month, the operator with a market-leading position […]
Business
October 8, 2024
PENN Entertainment Unveils Preliminary Q3 Financial Results
Today, PENN Entertainment revealed its preliminary financial results for the third quarter ending 30 September 2024, highlighting stronger-than-expected results for its interactive unit, Penn Interactive, which includes the ESPN Bet platform. The company noted the digital segment was performing better than projected, expressing a stable outlook for its retail operations going into 2025. Overall Financials […]
Business
October 8, 2024
Rivalry Further Shrinks Its Workforce amid Strategic Refocus
Rivalry, a next-gen sports betting and media company, announced that it has laid off 28 employees, including its global marketing director. The new redundancies are a part of a company restructuring, according to EGR. Another Few Dozen Employees Have Been Dismissed As reported, the restructuring comes amid Rivalry’s shift toward the crypto betting sector. Earlier […]
Legal
October 8, 2024
Casino Giants in Chile Face Allegations of Rigging License Bids
Three leading gambling operators in Chile are accused of colluding after a large-scale investigation. Details regarding the massive scandal emerged recently with the National Economic Prosecutor’s Office (FNE) filing an antitrust lawsuit with the Competition Tribunal (TDLC). Three Gambling Operators Accused of Colluding When Filing Casino License Bids In its lawsuit, FNE named as defendants […]
Industry
October 8, 2024
Man Arrested for Allegedly Selling Baby, Using Money for Gambling
Problem gambling can push many people into a range of different crimes. From fraud to acts of violence such as robberies or shootings, gamblers can go to great lengths to fuel their addiction. In some cases, unthinkable crimes are uncovered, and this is precisely what happened in Jakarta, Indonesia. The Infant Was Sold for 15 […]
Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Business
October 8, 2024
Esportes da Sorte Acquires ST Soft, Hopes to Open a New Leaf
Brazilian betting operator Esportes da Sorte has successfully obtained authorization to operate in Rio de Janeiro, thanks to its acquisition of ST Soft-operated Apostou.com, which had already received licensing by the state’s lottery provider Loterj in November 2023. This move allows Esportes da Sorte to establish a presence in the lucrative Rio de Janeiro market […]
Business
October 8, 2024
Rivalry Further Shrinks Its Workforce amid Strategic Refocus
Rivalry, a next-gen sports betting and media company, announced that it has laid off 28 employees, including its global marketing director. The new redundancies are a part of a company restructuring, according to EGR. Another Few Dozen Employees Have Been Dismissed As reported, the restructuring comes amid Rivalry’s shift toward the crypto betting sector. Earlier […]
Business
October 8, 2024
PENN Entertainment Unveils Preliminary Q3 Financial Results
Today, PENN Entertainment revealed its preliminary financial results for the third quarter ending 30 September 2024, highlighting stronger-than-expected results for its interactive unit, Penn Interactive, which includes the ESPN Bet platform. The company noted the digital segment was performing better than projected, expressing a stable outlook for its retail operations going into 2025. Overall Financials […]
Business
October 8, 2024
Gentoo Media Rebrands GiG Comply as Sitebee
Gentoo Media has announced the rebrand of GiG Comply as Sitebee, reflecting the company’s recent spin-off from GiG. The move comes several days after GiG was split into GiG Software and Gentoo Media. The New Identity Reflects Gentoo’s Own Rebrand GiG Comply, now known as Sitebee, is the company’s cutting-edge SaaS solution that has been […]
Business
October 8, 2024
Rhode Island Market Is Shrinking Under Neighboring States’ Pressure
According to a report from the Rhode Island Office of the Auditor General, the Rhode Island Lottery transferred $426.4 million to the state’s General Fund for the fiscal year ending June 30, 2024. This represents a drop of 1.8% or $8.2 million, compared to the previous fiscal year. The report attributed Rhode Island’s decline to […]
Business
October 8, 2024
JPMorgan Acquires Stake in Australia’s Star Entertainment
JPMorgan Chase & Co. has bought a big chunk of Star Entertainment Group, an Australian casino company that is having money troubles. JPMorgan Buys 5.47% of Star Entertainment as Casino Operator Battles Regulatory Scrutiny A new report shows that JPMorgan now owns 5.47% of the company’s voting shares, which means it is getting more involved […]
Business
October 8, 2024
Regulus Partners Deems Flutter’s US TAM Forecast Overly Optimistic
Global strategic advisory business focussed on the sports and leisure sectors, Regulus Partners (RP), has expressed doubts regarding Flutter Entertainment’s forecast for the total addressable market (TAM) in the US sports betting and iGaming sectors, raising concerns over the company’s optimism. Overly Optimistic Projections Could Hit Challenges Last month, the operator with a market-leading position […]
Business
October 7, 2024
Steve Wynn Lowers Price of NYC Penthouse after No Buyer Is Found
Billionaire and casino mogul Steve Wynn has been trying to sell a luxurious penthouse in New York City. However, since no buyer has been found yet, the businessman was forced to lower the price by some $20 million. Steve Wynn Failed to Sell the Luxurious Property According to Realtor, the residence on sale is currently […]
Legal
October 8, 2024
Casino Giants in Chile Face Allegations of Rigging License Bids
Three leading gambling operators in Chile are accused of colluding after a large-scale investigation. Details regarding the massive scandal emerged recently with the National Economic Prosecutor’s Office (FNE) filing an antitrust lawsuit with the Competition Tribunal (TDLC). Three Gambling Operators Accused of Colluding When Filing Casino License Bids In its lawsuit, FNE named as defendants […]
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 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
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 […]
Sports
October 8, 2024
Las Vegas Raiders vs. Pittsburgh Steelers Week 6 Odds, Time, and Prediction
The Las Vegas Raiders got obliterated by their divisional rivals, the Denver Broncos, last weekend in Colorado. Fast-forward to October 13, and they’re back home, which is good news for their fans. It’s because they’re 4-1 in home games against their next opponent, the Pittsburgh Steelers, in the 21st century. So, can they beat them […]
Sports
October 8, 2024
Cleveland Browns vs. Philadelphia Eagles Week 6 Odds, Time, and Prediction
Neither the Cleveland Browns nor the Philadelphia Eagles can be proud of their 2024 NFL performances. The Browns are 1-4 this season, while the Eagles are 2-2. They had a bye last week, meaning that they’ve had more time to prepare for the Week 6 game. This explains why NFL odds are heavily in their […]
Sports
October 7, 2024
San Francisco 49ers vs. Seattle Seahawks Week 6 Odds, Time, and Prediction
Last season’s NFC winners are 2-3 in the 2024 NFL, which is really surprising given that San Francisco’s schedule hasn’t been too difficult so far. This is why the 49ers’s fans are probably upset with their boys, but there’s an easy way for them to fall back in love with the team – the Niners […]
Sports
October 7, 2024
Premier League Clubs Land $170M from Crypto Sponsorship Deals
At the end of September, we reported on the £126 million ($167.8 million) projected loss in combined gambling shirt sponsorships for England’s Premier League clubs as a result of the upcoming ban on gambling shirt sponsorships that will go into effect in the 2026-27 season. However, as expected, a lot of clubs have already come […]
Sports
October 7, 2024
Brandon Royval vs. Tatsuro Taira UFC 307 Odds, Time, and Prediction
Brandon Royval (16-7) is a former UFC Flyweight title challenger who’s fought the who’s who of this division. On October 12, he’s taking on rising star Tatsuro Taira (16-0). This is arguably the biggest challenge in Taira’s career, and if he wins at UFC Apex, he might get to challenge for the title in the […]
Sports
October 7, 2024
Baltimore Ravens’ Jackson Says Bettors Harass Players Even after a Win
Disgruntled bettors who harass professional athletes after losing wagers are nothing new. While most target sports players who lose, it seems that winners aren’t safe either. Jackson: Individual Performance Doesn’t Matter In a recent post on X, Lamar Jackson, star quarterback for the Baltimore Ravens, expressed frustration with bettors who harass his team. He pointed […]
Sports
October 7, 2024
Artur Beterbiev vs. Dmitry Bivol Odds, Time, and Prediction
Two legends of light heavyweight boxing will settle the score on October 12 in Saudi Arabia in a fight for supremacy in the 175lb division. Artur Beterbiev (20-0, 20 KOs) is a WBC/IBF/WBO unified champion who’s putting all of his titles on the table for a chance to also get ahold of the WBA title, […]
Sports
October 7, 2024
Jacksonville Jaguars vs. Chicago Bears Week 6 Odds, Time, and Prediction
Last weekend, the Jacksonville Jaguars won their first game of the 2024 NFL season. Unfortunately for them, odds suggest they’re going to lose in Week 6 at Tottenham Hotspur Stadium. The Chicago Bears, who are 3-2 this season, are seen as 2-point favorites to win on October 13. Jacksonville Jaguars vs. Chicago Bears Week 6 […]
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 […]
Industry
October 8, 2024
PlayFame Onboards Amouranth to Revolutionize Online Entertainment
PlayFame, a new entertainment platform, is preparing to redefine online entertainment. Backed by none other than Amouranth, the platform promises unique social casino experiences. Amouranth Joins the Fray PlayFame has secured a strong lineup of streamers who will stream its games. As mentioned, the platform has entered into a partnership with streamer and model Amouranth […]
Industry
October 8, 2024
Man Arrested for Allegedly Selling Baby, Using Money for Gambling
Problem gambling can push many people into a range of different crimes. From fraud to acts of violence such as robberies or shootings, gamblers can go to great lengths to fuel their addiction. In some cases, unthinkable crimes are uncovered, and this is precisely what happened in Jakarta, Indonesia. The Infant Was Sold for 15 […]
Industry
October 7, 2024
CyberHorizon Slapped with Fine by GSC for AML, CTF Failures
The Isle of Man Gambling Supervision Commission (GSC), which is responsible for regulating most forms of gambling in its territory including land-based and online gambling services, has levied a £140,000 ($184,000) fine on CyberHorizon Limited. Multiple AML and CTF Violations The fine came as a result of the commission uncovering multiple violations of anti-money laundering […]
Industry
October 8, 2024
Macau Records 1.1M Visitors During Golden Week
Macau authorities announced that it approximately 1.1 million people have visited the special administrative region during the National Day holiday period known as Golden Week. This figure exceeded the projected target of 130,000 daily arrivals. Visitation Increased Dramatically The period between September 29 and October 6 saw a daily average of 138,000 visitors and is […]
Industry
October 7, 2024
Rappers Shatter Rap and Bingo Stereotypes in New YouTube Series
A rapper duo has visited Mecca Bingos Dagenham to experience one of Britain’s favorite pastimes. The visit took place earlier this year but was aired recently as part of the performers’ “Rappers Try Things” series. The Duo Visited Mecca Bingos Dagenham Barney Artist and Guvna B launched the Rappers Try Things series in order to […]
Industry
October 8, 2024
Proposition JJ Seeks to Retain Extra Betting Tax Revenue in Colorado
A proposal that will appear on the ballot in November will try to keep excess tax proceeds from sports betting in Colorado and use them to fund different water projects. The Proposal Will Appear on the Ballot in Colorado Next Month This is the purpose of Proposition JJ, under which Colorado voters will be asked […]
Industry
October 7, 2024
Playtech and UNLV Team Up to Explore AI-Powered RG Tools
Gambling software development company Playtech has unveiled a new multi-year partnership with the University of Nevada, Las Vegas (UNLV). Under the agreement, the two parties will work together to discover new tech-powered sustainable gambling solutions. Playtech and IGI to Explore New Solutions The arrangement will see Playtech work closely with UNLV’s International Gaming Institute (IGI) […]
Industry
October 7, 2024
European Commission Publishes Digital Fairness Fitness Check Findings
The European Commission has published the findings of its Digital Fairness Fitness Check, which probed into the current EU consumer protection laws to see if they are fit to protect consumers from harm. The commission learned that online companies have been unfairly influencing customers by various suspicious tactics. Improvements Are Needed The Fitness Check covered […]
Industry
October 7, 2024
Bronx Man Goes to Prison After Shooting Two over Pool Gambling Loss
A young man who lost money gambling on a pool game and shot two people was sentenced to nearly two decades in prison. The incident dates back to December 2022 when two people were shot at a pool hall at Port Jefferson in New York. Violent Criminals Will Be Held Accountable for Their Actions An […]
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 8, 2024
Hustler Casino Live’s Nick Vertucci Accused of Sexual Harassment
Poker is not immune to scandals and in the digital and social media age such can erupt in a matter of seconds. In one such case, a popular poker player and social media influencer alleged that she was subject to unwanted advances by the producer of a famous poker tournament show. The case involves Hustler […]
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
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
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 […]
Casino
October 8, 2024
Pechanga Resort Casino Visitor Hits $100K Jackpot in 10 Minutes
Every casino visitor or lottery player hopes for a big win. To the lucky few, a big win is around the corner, and this is precisely the case for several fortunate players at Pechanga Resort Casino in California. Woman Turns $30 Bet Into $100,000 Jackpot Win Near the end of September, an incredibly lucky player […]
Casino
October 8, 2024
Bally’s Donates Tropicana Relics to UNLV Ahead of Implosion
Bally’s Corporation, the operator of the to-be-imploded Tropicana Las Vegas, has agreed to donate a variety of memorabilia to the University of Nevada, Las Vegas. The casino company was contacted by the university’s Special Collections and Archives department, which wanted to preserve a part of the historic resort. The Oakland A’s New Stadium Will Replace […]
Casino
October 7, 2024
Online Slots Streamer Grim Takes Short Break After Losing $3M in One Night
Online gambling streamer Grim, who goes by GrimzYoutube, says he is taking a short break from streaming after losing $3 million in one night. Gambling Streamer Grim Pauses After $3M Loss on Roobet Grim often plays online slots on the crypto casino Roobet and shows his games on the Kick streaming platform. He told his […]
Casino
October 8, 2024
Massachusetts Sheriff Takes Responsibility for DUI Arrest and Fallout
Hampden County Sheriff Nick Cocchi faced legal troubles and job-related fallout after cops arrested him on September 21, 2024, at MGM Springfield. Beloved Sheriff Nick Cocchi Charged with Drunk Driving at Casino Incident The beloved Massachusetts sheriff was charged with drunk driving after he drove a state-owned vehicle, which was missing a tire, to the […]
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 7, 2024
Iowa Casinos Oppose Cedar Rapids Resort Development
Iowa casinos have expressed concerns regarding the proposed Cedar Crossing Casino & Entertainment Center in Cedar Rapids, fearing that the development could significantly impact their bottom lines. During a recent Iowa Racing and Gaming Commission (IRGC) meeting, Linn County Gaming Association (LCGA) presented its application for the new casino, identifying its potential effects on nearby […]
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 7, 2024
L&W Developing New Legally Compliant Dragon Train Game
The lawsuit between two leading providers of gaming solutions, Light & Wonder (L&W) and Aristocrat Technologies, continues. In the legal battle, the latter company argued that the former misappropriated trade secrets and engaged in intellectual property theft when developing its Dragon Train game. The New Version of the Game Seeks to Ensure Compliance with a […]
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 […]
Lottery
October 8, 2024
Mega Millions Promises Bigger Jackpots, Confirms Tickets Price Increase
An extensive overhaul will make the popular lottery game played in 45 states, as well as Washington DC and the US Virgin Islands, Mega Millions, even more exciting. Mega Millions confirmed that the ticket price will increase in April 2025. However, in addition to the price increase, the game will bring much more benefits and […]
Lottery
October 7, 2024
Loterj Brands at the Center of a Heated Legal Dispute in Brazil
The Federal Regional Court of the First Region (TRF1) in Rio de Janeiro has ruled to suspend the license for Rio de Janeiro State Lottery (Loterj) brands from operating outside the state following a legal battle over gambling regulations. TRF1 president João Batista Moreira’s decision overturned a previous ruling by the Federal District Court that […]
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
October 7, 2024
Michigan Lottery Winner Scores $2M Prize from Colossal Cashword
An incredibly lucky young woman from Kalamazoo County, Michigan, won a life-changing prize after purchasing a scratch-off ticket recently. The Michigan Lottery confirmed Monday that the fortunate player chose to remain anonymous. The Player Scored the First Top Prize from Michigan Lottery’s Colossal Cashword Game Details are scarce but what’s known is the lucky lady […]
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
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 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
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 […]
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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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