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Industry News and Headlines
Industry
September 10, 2025
UK’s Horseracing Industry Goes on Historic Strike Due to Higher Taxes
The UK horseracing industry is staging a strike on September 10 in protest against the Treasury’s proposed gambling tax harmonization, which could raise the betting tax rate to at least 21%. The strike follows the British Horseracing Authority’s (BHA) launch of the #AxeTheRacingTax campaign in July, which came in response to the Treasury’s consultation on […]

Industry
September 10, 2025
Hong Kong Jockey Club Adds Veteran Executive Terecina Kwong as EDMCE
The Hong Kong Jockey Club has enhanced its team with the addition of the experienced Terecina Kwong as executive director of membership and customer excellence (EDMCE). The appointment was confirmed yesterday and will take effect from September 17, 2025. Kwong Brings a Wealth of Experience to the Club According to the Jockey Club’s official announcement, […]

Industry
September 10, 2025
Yggdrasil Founder Launches EXCO Game Studio to Revolutionize iGaming
Fredrik Elmqvist, Yggdrasil Gaming’s founder, is seeking to breathe new life into the online gambling sector with the launch of a new studio. The so-called EXCO Game Studio is set to break the mould and dazzle gaming fans with new experiences. The New Studio Rejects Repetitive Games EXCO, which stands for Excommunicado, seeks to […]

Industry
September 10, 2025
Dina Titus’ FAIR Bet Act Blocked by Rules Committee
Congresswoman Dina Titus from Nevada faced another obstacle in her push to change a debated gambling tax law. On Tuesday, the House Rules Committee chose not to include her Fair Accounting for Income Realized from Betting Earnings Taxation Act, also known as the FAIR Bet Act, as an amendment to the National Defense Authorization Act. […]

Industry
September 9, 2025
Brazil’s SPA and Conar to Work Together to Improve Gambling Ads Oversight
Brazil’s Prizes and Betting Secretariat (SPA-MF), part of the Ministry of Finance, has partnered with the National Advertising Self-Regulation Council (Conar) to strengthen the oversight of advertising campaigns within the country’s gambling sector. SPA and Conar Sign Agreement The agreement outlines several initiatives, including the establishment of a permanent communication channel between SPA and Conar […]

Industry
September 9, 2025
Drake Curse Strikes Again as Rapper Loses Over $500К on Sports Bets
Grammy Award-winning rapper Drake wagered more than $250,000 on the Baltimore Ravens and also placed a $300,000 bet on Jannik Sinner to win the US Open title, but it seems that the infamous “Drake curse” has struck again as both Sinner and the Ravens lost over the weekend. Drake Bets on Sinner and the Baltimore Ravens […]

Industry
September 9, 2025
Online Gambling Braces for a New Era of AI-Powered Fraud
The fight between online gambling operators and fraudsters is escalating into what many in the industry now describe as an arms race. What once revolved around fake IDs or doctored selfies has shifted to a far more complex battlefield shaped by generative artificial intelligence and increasingly sophisticated cyberattacks. Operators that neglect to update their systems […]

Industry
September 9, 2025
Swedish Mother Turns $1 Bet into $4.4M Jackpot
An extremely lucky Swede has turned a small bet into a life-changing $4.4 million jackpot. While the lucky woman preferred to remain anonymous, she commented on her excitement and plans for the multi-million dollar prize. Lucky Swede Wins Life-Changing Prize Described as a “mother from Knivsta,” the lucky player was playing Reel King Riches Jackpot […]

Industry
September 9, 2025
Greece Investigates Public Officials over Alleged AML Violations
Greece has cracked down on suspected gambling-related money laundering and is preparing to probe some 200 people, including public officials, for ties to a fraudulent scheme. AML Commission Suspects 200 People of Involvement in Fraud The Hellenic Anti-Money Laundering Authority has launched a sweeping probe into dozens of individuals who have been suspected of involvement […]

Industry
September 9, 2025
Spelinspektionen Bans 2 Operators, Concludes Lottery Supervision, Names New Director General
Spelinspektionen, Sweden’s gambling authority, published several updates, announcing the ban of two illegal operators, the conclusion of a case against the Swedish Postcode Lottery, and the appointment of a new director general of the regulatory body. Spelinspektionen Takes Action Against Two Operators In its official announcements, the Spelinspektionen said that it has banned Ryker BV […]
