Industry
November 6, 2024
Turkish Soccer Introduces Fines for Clubs Promoting Illegal Betting
The Turkish Football Federation (TFF) has published new regulations in an effort to push back against illegal sports betting ads in professional soccer. Turkish soccer clubs that violate these new rules now risk penalties. Clubs that Endorse Illegal Operators Face Fines The updated guidelines envision fines for clubs that endorse illegal betting companies. Additionally, repeat […]
Industry
November 6, 2024
BGC Publishes Code Handbook, Reiterates Commitment to High Standards
The Betting and Gaming Council (BGC), an industry standards body, has published its first Code Handbook. The new publication will encompass 20 Codes covering 100 measures aligning with the industry’s ambition to raise its standards. BGC Commemorates Its Anniversary with Inaugural Code Handbook The publication commemorates the BGC’s fifth anniversary and collates every voluntary commitment […]
Industry
November 6, 2024
Dutch Gambling Act Fails to Adequately Protect Consumers
The Netherlands implemented new rules regarding gambling sponsorships effective from July 1, 2024. Despite the strict rules, the sector continues to attract gamblers and lacks sufficient protection when it comes to excessive gambling and harm, a newly released report warns. Evaluation Looks Into KOA WODC, a government research agency, recently hired Dialogic to conduct an […]
Industry
November 6, 2024
Gaming Trade Bodies Hail ICE Barcelona’s Association Assembly
As ICE Barcelona approaches, industry associations welcomed the convention’s decision to create the first ICE Association Assembly. The new feature is set to generate further benefits for trade bodies, allowing them to champion their values. The Event Will Bring Together Over 55K Trailblazers ICE Barcelona is set to take place between January 20-22, 2025, at […]
Industry
November 6, 2024
Sports Betting Initiative Receives Approval from Missouri Voters
The legalization of betting on sports in Missouri has been a hot topic ever since the US Supreme Court’s decision to strike down PASPA in 2018. While previous efforts failed, a proposal that would pave the way for legal wagering was approved by Missouri voters Tuesday. Amendment 2 Secures Voter Approval That is the case […]
Industry
November 6, 2024
Election Day Sends Polymarket and Kalshi to Top of App Store
With only hours left to decide the race, and Donald Trump leading in the electoral college vote at the time of writing this article, a new interesting trend emerged with two prediction markets apps, Kalshi and Polymarket topping the Apple App Store charts of Free Apps downloads, enjoying unprecedented interest. Apple’s Free Apps Dominated by […]
Industry
November 6, 2024
UK Shadow Cabinet Selects Stuart Andrew as Shadow Secretary of State for DCMS
Stuart Andrew, Britain’s former gambling minister, has been named as shadow secretary of state for the Department for Digital, Culture, Media and Sport (DCMS) by the new Labour government. As someone deeply familiar with the ongoing reforms and the gambling sector as a whole, he will be a valuable addition to the department and the […]
Industry
November 5, 2024
Bet365 Gets Ready for Busy US Election Day
The outcome of the political battle between former President Donald Trump and Vice President Kamala Harris will finally be decided by the American people. As the citizens of the USA head to the polls, election bettors in the US and beyond remain fixated on the outcome. International betting operator bet365 has used the opportunity to […]
Industry
November 5, 2024
Kansas Bettors, Oblivious of Gambling Tax Regulations
The Internal Revenue Service (IRS) is having a hard time keeping tabs on gambling winnings, according to a recent study we reported on last month. The results of the study showed a large number of gamblers in the US failed to report their winnings, which caused the IRS to miss out on roughly $1.4 billion […]
Industry
November 5, 2024
$3.1M Tax Refund in Nevada Reveals Regulatory Loophole
In a settlement reached on Monday, the Nevada Gaming Commission agreed to refund Nevada Restaurant Services Inc. (NRSI), the operator of 41 casinos under brands such as Dotty’s and Bourbon Street Sports, a total of $3,120,197.28 in overpaid taxes. These overpayments resulted from an accounting error, over-inflating its tax payments. NRSI Uncovered Two More Years […]
