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 […]
Industry
September 9, 2025
New York GGR Increases in August, Following an Unexciting Summer
The New York State Gaming Commission (NYSGC) has published its revenue report for August, highlighting statistics about the performance of the local gaming industry. Sports Betting Experienced Significant Growth According to the NYSGC’s official report, the state’s total sports betting handle for August reached $2.04 billion, marking the first time gaming in the Empire State […]
Industry
September 9, 2025
AB 831 Passes California Senate, Threatening the Sweepstakes Sector
California’s divisive AB 831 has cleared the Senate, despite opposition from the tribal and sweepstakes gaming sectors. While the bill has a few more steps to pass in order to be signed into law, its opponents are already feeling the pressure. AB 831 Inches Closer to Passing AB 831 seeks to snuff out California’s controversial […]
Industry
September 9, 2025
Ukraine Continues to Crack Down on Illegal Gambling
In the throes of war from the East, Ukraine has been ramping up its efforts to crack down on illegal gambling in the country. The country has revised its gambling watchdog, dismantling KRAIL – the old regulator, and introducing PlayCity. PlayCity Continues to Go After Illegal Influencers and Websites Along with that, Ukraine developed a […]
Industry
September 9, 2025
PredictIt Gains CFTC Approval to Run Regulated Exchange
The Commodity Futures Trading Commission approved PredictIt to act as a regulated derivatives exchange and clearinghouse. This step ends years of regulatory challenges and shifts the platform into a new phase. PredictIt Earns Dual Licenses, Opening Doors to Grow Political Markets PredictIt known for letting users trade contracts tied to political results, will work within […]
Industry
September 9, 2025
Light & Wonder Set to Enter the Philippines with iGaming Launch
Light & Wonder is getting ready for a big move in Asia as the company prepares to roll out its iGaming platform in the Philippines. The global gaming supplier recently became the first international systems aggregator and content provider to earn accreditation from the Philippine Amusement and Gaming Corporation (PAGCOR), clearing the way for its […]
