Industry
November 12, 2024
Turkey Detains Celebrities in Illegal Gambling Operation
There are strict laws when it comes to gambling in Turkey. The country banned land-based casinos nearly three decades ago, while online gambling and betting options are limited. Despite the tough laws on gambling, illegal offering remains a challenge for the country. Now, in a recent operation against the promotion of illegal gambling, Turkey detained […]
Industry
November 11, 2024
Curacao Pressured by Dutch MPs to Reform Gambling Regulations
There’s a range of risks to the gambling sector considering its nature of dealing with large sums of money, in cash or online. While monitoring of the vertical is in the hands of gambling regulators, it also falls under scrutiny by organizations that monitor global transactions, such as the Financial Action Task Force. In the […]
Sports
November 8, 2024
Swedish Operators Call for Urgent Gambling Reforms
Sweden’s Gambling Industry Association (Sper) has called on Sweden’s government to ramp up efforts to overhaul gambling regulations following troubling new data indicating a decline in licensed market participation. ATG, one of Sweden’s major licensed gambling operators, estimates that market channelization may have fallen as low as 71% despite the government’s stated goal of 90%. […]
Business
November 8, 2024
Evoke Shifts Focus to Europe with 2025 iCasino Shutdown in Michigan
Releasing its Q3 financial results recently, Evoke hinted at its plans to abandon the market in the United States and focus on European markets where it already enjoys exceptional growth. Part of that plan affects the company’s operations in Michigan via Sports Illustrated Casino and Sportsbook. The Company Offloads US B2C Assets Under Evoke’s plan, […]
Lottery
November 8, 2024
Bar Ownes Try to Swindle Lottery Winner out of $16M, Go to Jail
A fairly straightforward case took six years to resolve in Spain, shrouded in anonymity, but painting compelling details of an attempt to swindle the victim gone wrong. Spanish media sources have reported the case of a woman who was a regular at a bar in Valencia, and who would buy three lottery tickets every week. […]
Industry
November 8, 2024
Significant Rise in Problem Gambling Among British Youth Sparks Concerns
New figures from the UK Gambling Commission show a troubling pattern: the share of kids in Great Britain seen as problem gamblers has more than doubled in the last year. This rise means about 85,000 young people now fall into this group, based on the DSM-IV-MR-J screening tool. 27% of Students Bet Their Own Cash, […]
Industry
November 7, 2024
Portugal Reprimands Operators and Influencers Over Unlicensed Gambling Ads
The Portuguese Association of Betting and Online Games (APAJO) has filed complaints against operators and influencers who made misleading promotions. The motion reflects the body’s overall efforts to weed out the promotion of unlicensed gambling platforms. Operators and Influencers Promoted Unlicensed Gaming As it turns out, the APAJO filed concerns against BC.Game, Betify, Monro, Stake, […]
Industry
November 7, 2024
UKGC Exec Highlights the Launch of Gambling Harms Action Lab
Tim Miller, the executive director of the UK gambling regulator, the Gambling Commission, recently highlighted the ongoing efforts to combat gambling harm and addiction. In a speech, recognizing the launch of the Gambling Harms Action Lab by Money Mental Health earlier this week, the executive pointed to the extensive efforts that seek to protect the […]
Sports
November 7, 2024
Gambling Tax Plans Lead to Cancellations of Horse Races in France
Late last month, politicians in France decided against the legalization of online gambling amid economic concerns. While iGaming is off the table, at least for now, the horse racing sector was alarmed by an amendment in the proposed 2025 budget that called for increases in gambling taxes. Gambling Tax Hike Results in Protests The budget […]
Industry
November 7, 2024
US Ambassador Criticizes Hungary PM Orbán for Supporting Trump
Hungary’s Prime Minister, Viktor Orbán, demonstrated his support for Donald Trump even before the announcement about the former president’s second win at the recent US Presidential Elections. The race that saw Trump face Kamala Harris ultimately resulted in a resounding win for the former, who won his second presidency. But the early support of Orbán […]
