Industry
August 19, 2024
Man Tied to Gold Bar Scam Suffered from Gambling Addiction
A man, suspected of being involved in a massive scam that operated across multiple states is facing legal trouble in Maryland. The criminal case involves a 52-year-old man from Owings Mills identified with the initials, V.T. Per prosecutors, he is among a group of couriers that participated in the multi-state scheme that defrauded seniors out […]
Industry
August 19, 2024
Stake Continues Expansion in Peru with New Country Manager
Looking to consolidate its local footprint, and shortly after debuting in Colombia, Stake is now moving in the Peruvian market. The company has added ex-Inkabet head Jennyfer Escobar to help steer operations, as the company has secured a license locally as well. Peru Is the Next Grwoth Target for Stake.com Escobar is a well-seasoned industry […]
Industry
August 19, 2024
Philippine Senator Fights the Return of Virtual Cockfighting
Several years ago, the Philippines legalized online sabong operations. After the start of virtual cockfighting in 2020, the activity was expected to bring tax revenue. Yet, the government’s Bureau of Internal Revenue (BIR), as well as the Philippine Amusement and Gaming Corp. (PAGCOR), failed to collect all tax revenue due from e-sabong operations, despite many […]
Industry
August 19, 2024
Dolton’s Mayor Henyard Faces Backlash over Alleged Misuse of Taxpayer Money
The mayor of a small town in Illinois is in hot water amid allegations of lavish spending of taxpayer money. The peculiar case involves Tiffany Henyard, the Mayor of Dolton, who fell under scrutiny after reportedly failing to provide financial reports. The accusations against the Mayor resulted in the halt of payments from the Illinois […]
Industry
August 19, 2024
NBA Awards Voters Prohibited from Placing Bets on the Event
Integrity has been a byword for NBA Commissioner Adam Silver’s stint at the helm of the organization. Having presided over the association’s expansion into the sports betting space, Silver has also vowed to decouple the organization from attendant corruption surrounding the betting vertical. League Rules Now Strictly Prohibited Betting on NBA Awards To ensure that […]
Industry
August 16, 2024
MGM, Grupo Globo Form Joint Venture to Enter Brazil’s Betting Market
The leading gaming, betting and hospitality company, MGM Resorts International, announced a major move toward the gambling sector in Brazil. On Thursday, the company announced a new collaboration with Latin America’s largest media group, Grupo Globo, for the formation of a new venture that will seek an iGaming and sports betting license in Brazil. The […]
Industry
August 16, 2024
One-Year Suspension for Notre Dame Men’s Swimming Team Over Gambling
The University of Notre Dame’s athletic director Pete Bevacqua has announced their men’s swimming team has been slapped with a suspension of at least one academic year. Thursday’s shocking announcement detailed that the decision came after a thorough and documented external investigation that revealed the team violated a series of National College Athletic Association (NCAA) […]
Industry
August 16, 2024
AGA Hails 14th Consecutive Quarter of Growth with Gaming Revenue Hitting $17.63B
In the quarterly update of its Commercial Gaming Revenue Tracker, the American Gaming Association (AGA) noted that the industry has continued to grow well into the second quarter of 2024, registering gains across all tracked performance markers, namely total gross gaming revenue, traditional casino gross gaming revenue, sports betting gross gaming revenue, and iGaming gross […]
Industry
August 16, 2024
Tropicana Atlantic City Teen Muggers Busted
Last Friday, a man was walking outside the Tropicana Atlantic City, when he was approached from behind by a group of five teenagers. None of them were older than 15, police would soon establish. Perpetrators Do Not Get Away with It In the moment, one of the boys pulled out a large knife and put […]
Industry
August 16, 2024
Channelization Rates in Portugal Suffer as Gamblers Turn to Illegal Gambling
According to the Portuguese Association of Online Betting and Gaming (APAJO), the country is facing a significant interest in betting on unregulated websites by consumers. Based on a recent survey called Online Gambling Habits of the Portuguese, 41% or 2 in 5 gamblers, tend to bet with websites that have not obtained the necessary license […]
