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Industry
December 12, 2024
SPA Authorizes 71 Federal Online Gambling Licenses in Brazil
Earlier this week, we announced a new partnership between Brazil’s National Telecommunications Agency, Anatel, and the Secretariat of Prizes and Bets (SPA) with a focus on fighting off unlawful gambling. Now, the Ministry of Finance’s body responsible for authorizing, permitting, regulating, standardizing, and monitoring Commercial Promotion and Fixed Odds Betting has announced it has granted […]
Business
December 12, 2024
Gambling.com Continues to Expand with Odds Holdings Acquisition
The fast-growing provider of digital marketing services to the global online gambling industry, Gambling.com Group, announced its plans to acquire OddsJam’s parent company Odds Holdings, Inc. The Acquisition Is Expected to Close In 2025 On Thursday, the former company confirmed it entered into a definitive agreement to acquire Odds Holds in a deal that has […]
Industry
December 12, 2024
Online Gambling Losses in the US to Exceed $1 Trillion by 2028
The expansion of legal betting and online gambling across the United States enables millions of Americans across the country to place legal bets. However, thanks to smartphones, wagering on sports or iGaming is a few taps away, which in some cases results in excessive gambling and harm. People affected by problem gambling spend more than […]
Business
December 12, 2024
OLG Boosts Online Gaming As Private-Sector Rivals Grow
The Ontario Lottery and Gaming Corporation (OLG) is stepping up its game to hold its ground in the competitive Ontario iGaming scene, following advice from the Auditor General’s 2022 review. This action comes as the corporation feels the heat from private companies since the province opened up its online gambling market in April 2022. OLG […]
Industry
December 11, 2024
Brazil: SPA, Anatel Team Up to Improve Illegal Gambling Websites Blocking
A new cooperation agreement between government bodies in Brazil will help in the fight against illegal gambling. Anatel Will Continue Blocking Illegal Gambling Websites That is the case of a new agreement between the country’s National Telecommunications Agency, Anatel, and the Secretariat of Prizes and Bets (SPA). The duo announced their new collaboration earlier this […]
Industry
December 11, 2024
Schpell Loses Appeal in Norwegian Gambling Ad Case
Norway currently enforces tough restrictions when it comes to gambling marketing. With gambling ads prohibited, the country’s regulator, the Norwegian Gambling Authority (NGA), constantly monitors for potential violations and takes appropriate action. In one such recent case, a gambling operator lost its appeal with the country’s Lottery Appeals Board. The case in question revolves around […]
Business
December 10, 2024
Bragg Insider Purchases Highlight Leadership’s Near-Term Confidence
Bragg Gaming Group, a B2B provider of iGaming content and technology, has announced that the significant insider purchases that took place on December 10 highlighted the company’s confidence in its business. The company reiterated its optimistic FY 2025 guidance and implied that a sale might still be on the table. The Bragg Leadership Is Optimistic […]
Industry
December 10, 2024
AI-Powered Gambling Scams Exploit Social Media to Defraud Users Globally
A worldwide gambling scam network has popped up using AI to trick victims on a huge scale. Group-IB, a cybersecurity company, has uncovered that this operation covers over 1,300 dangerous websites and 500 fake ads, with some people losing as much as $10,000. These scams pretend to be real betting apps aiming to get hold […]
Industry
December 10, 2024
Sweepstakes Continue to Expand amid Intensifying Oversight
For several years, sweepstakes casinos have continued to capture the attention of players across the United States. While online gambling such as slots or other casino games is available only in seven US states, sweepstakes are widely spread across the country with the prime reason being the lack of regulation. Operating in a grey area, […]
Industry
December 9, 2024
Ukraine Suspects iGaming Operator’s Owners of Helping Russia
An online casino in Ukraine has been accused of possible ties to Russia. As Russia’s invasion continues and the war just surpassed its 1,000th day, Ukraine remains bullish on weeding out all subversive influence from its neighbor. Pin-Up Believed to Be Associated with Russia The Kyiv Independent reported that, on December 5, the State Bureau […]
