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Industry News and Headlines
Industry
September 11, 2024
Cincinnati Bengals vs. Kansas City Chiefs Week 2 Odds, Time, and Prediction
After a dreadful performance against the Patriots in Week 1, the Cincinnati Bengals are hoping to get their first win in Week 2. Unfortunately for them, that seems like a real challenge given that they’re taking on the Super Bowl champions, the Kansas City Chiefs, at Arrowhead. Cincinnati Bengals vs. Kansas City Chiefs Week 2 […]

Industry
September 10, 2024
Maryland Sportsbooks Contributed $5M to Education in August
Maryland’s betting market has contributed over $5 million to the state in August, fueling local education through the Blueprint for Maryland’s Future Fund. The industry has so far donated over $100 million to the cause since the regulation of online wagering. The Betting Industry Continues to Fuel Public Education In August 2024, Maryland’s 11 mobile […]

Industry
September 10, 2024
India Holds Firm on 28% GST for Online Gaming despite Industry Pushback
According to the latest data by the Indian government, revenue from online gaming has reached ₹6,909 crore ($832 million) in just six months, rising by 412% despite the recent Goods and Services Tax (GST) hike to 28%. Finance Minister Nirmala Sitharaman confirmed these figures during the 54th meeting of the GST Council on 9 September […]

Industry
September 10, 2024
ASA Looking Into Gambling Memes That Reach Under 18s
To most netizens who also happen to have a passion for gambling, gambling memes are excellent means of expressing one’s self by posting the right image at the right time, after receiving inspiration from the gods of popular culture themselves. While they may give anyone a throaty chuckle when stumbling upon them, these memes now […]

Industry
September 10, 2024
Kansas City Chiefs Fan Jailed for Nearly a Dozen Bank Robberies
According to an announcement from the Department of Justice, 30-year-old Kansas City Chiefs superfan Xaviar “ChiefsAholic” Babudar has been slapped with a prison sentence of 17.5 years without parole for carrying out a series of 11 armed bank robberies in California, the Midwest, and Nevada. Babudar will also have to pay $532,675 in restitution to […]

Industry
September 10, 2024
Baby Found Alone in Atlantic City Hotel Room, Gun Seized
In different US states, adults who leave children unattended may be subject to a range of penalties. Leaving a child to participate in gambling activities results in a permanent ban from all casinos in some states. Besides a ban from casino gambling, adults who leave children alone to gamble may also be subject to fines […]

Industry
September 10, 2024
Brazil Takes a Stance against Riskier Games, Blocks a Dozen Sites
Brazil continues its journey toward regulated betting by taking action against games that are deemed harmful. To that end, the São Paulo Ministry of Finance targeted games that offer unrealistic returns, including titles such as Fortune Tiger and Fortune Dragon, among additional slots and other games. A New Measure Will Restrict Predatory Games The Ministry […]

Industry
September 10, 2024
Donors Press Kamala Harris to Remove FTC and SEC Chairs
Ahead of the Presidential elections in the United States, Democratic party donors are reportedly increasing the pressure on Vice President Kamala Harris, asking her to make changes to the senior-level teams at the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC). Democratic Donors Push for Ousting of FTC Chair Lina Khan, FTC’s […]

Industry
September 9, 2024
Brits Overwhelmingly Support Ban on Political Betting by Politicians
Earlier this year, a betting-related scandal erupted in the UK. Ahead of the General Election which took place early in July, media reports alleged that police officers and politicians, who had access to insider information, placed bets on the date of the election. Overall, nearly two dozen people, nine of which directly involved in politics, […]

Industry
September 9, 2024
NJ DGE Penalizes Bet365 for Taking Bets on Concluded Events
Leading iGaming and sports betting operator bet365 has been slammed with a penalty in New Jersey where it operates in partnership with the Hard Rock Hotel & Casino. The gambling company was accused of taking bets on events that had already been concluded, in violation of local regulations. As a result of its violations, the […]
