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Industry
October 22, 2024
Hacker Group APT41 Targets Gambling Industry for Financial Gain
The popular Chinese state-sponsored hacking group APT41 has been linked to a complex cyber attack targeting the gambling and gaming industry. The group, also known as also known as Brass Typhoon, Earth Baku, Wicked Panda, or Winnti, allegedly infiltrated one of cybersecurity firm Security Joes’ clients and continued to maintain persistent access for nearly nine […]
Industry
October 21, 2024
Illegal Online Gambling in South Korea Soars Since COVID
As South Korea continues to combat illegal gambling, a newly released report sounds the alarm about the exponential growth of such activities over the last few years. Data from the country’s National Gambling Control Commission highlights that the number of illegal gambling cases soared when compared to pre-pandemic data from 2019, as announced by The […]
Industry
October 18, 2024
BlockDance Hit With KSA Penalty for Offering Unlicensed Gambling
Recognized as a gambling market with robust regulations, the Netherlands doesn’t permit operators without a license to offer their services. In the event of breaches, the Dutch Gambling Authority, Kansspelautoriteit (KSA), takes action by issuing orders or in some cases monetary penalties. In one recent case, the gambling watchdog issued a penalty payment order against […]
Slots
October 18, 2024
Discover Ancient Treasures in Dragon Gaming’s Fortunes of Pharaohs
Turn back the clock and prepare for a journey to the past in Dragon Gaming’s latest slot game, Fortunes of Pharaohs. Prepare to uncover the mysteries of ancient Egypt and learn the mighty Pharaoh’s wisdom as you fire up the reels of this brand-new title. Fortunes of Pharaohs Metrics Visit the Pharaoh’s Court and Discover […]
Blockchain
October 18, 2024
Buying Crypto and Meme Stocks Is Akin to Gambling, Says Strategist
Buying cryptocurrencies and meme stocks like Trump Media is akin to gambling, believes Fiduciary Trust International’s managing director, Doug Cohen. In an interview with Quartz for the “Smart Investing” video series, Cohen discussed why these types of assets are too speculative to be considered sound investments. Cohen explained that the behavior seen around meme stocks […]
Industry
October 18, 2024
Police in South Korea Busts Ring Luring Teens to Illegal Gambling Sites
South Korea is stepping up its efforts against illegal gambling after taking down a gambling ring that targeted teenagers. Nine People Were Charged, Close to 200 Teenagers Gambled Online An extensive investigation by the Daejeon Metropolitan Police Agency resulted in the arrest of nearly a dozen people, suspected of operating illegal gambling websites, local media […]
Industry
October 16, 2024
Bulgaria Takes Down More than 2.5K Illegal Gambling Websites
Just like other European countries, Bulgaria constantly monitors its online gambling market. In the event of uncovering illegal online gambling websites, the country’s National Revenue Agency (NRA), takes action by taking down such black market operators. Crackdown on Unlawful Gambling Continues In one recent operation, the Agency confirmed it shut down thousands of illegal gambling […]
Industry
October 16, 2024
Vietnam: $70M Illegal Gambling Ring Results in Dozen Arrests
Gambling remains prohibited in many countries across Asia and while in some jurisdictions it is completely banned, others permit it under strict rules. Despite the tough laws that in some cases carry lengthy prison sentences, illegal gambling remains a challenge for countries in the region. Police Seize Cash, Electronic Devices and Jewelry In one operation […]
Industry
October 16, 2024
BTS’ Jimin Victim of Fraud by Comedian Lee Jin Ho over Gambling Debt
Across the globe, people affected by problem gambling can quickly pile up debt. This in turn pushes some into criminal activities such as theft, fraud, or even murder in some cases. A crippling gambling addiction is the main reason for the tarnished reputation of one popular South Korean comedian who accumulated debt and asked fellow […]
Industry
October 15, 2024
More Than Half of UK Residents Support iGaming Tax Hike, Survey
Ahead of the release of the UK government’s Autumn Budget, a newly released study suggests more than half of the Brits support the idea of increasing taxes for online gambling. Three Quarters Support Raising Gambling Taxes Recently, the Labour Party in the country encountered a £22 billion ($28.7 billion) “black hole.” In an effort to […]
