Industry
November 10, 2025
New York’s New Bill Targets Prediction Markets with Strict Restrictions
New York’s Assembly Bill 9251, referred to as the Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act, aims to establish definitions, regulations, and limitations for the operation of prediction markets. AB 9251 Aims to Heavily Restrict Prediction Markets The bill’s key provision explicitly prohibits certain types of markets for users in […]
Industry
November 10, 2025
Offshore Gambling Sites Target Australians on Self-Exclusion Lists
Australian gambling addicts who have entered self-exclusion lists have been targeted by offshore gambling companies, which are using third-party websites to entice them back into gaming. Gambling Sites Target Vulnerable Australian Addicts Despite offshore gambling companies being banned in the country, they have been paying websites that promote their services. Some of the websites, whose […]
Industry
November 10, 2025
BGC: Study Says Higher Taxes Weaken Regulated Gaming
The UK Betting and Gaming Council has published the results of a new study on higher gambling taxes and their effect on the gaming ecosystem. The study, conducted by PwC, strongly suggested links between over-taxation and a strong black market. Higher-Tax Countries Experience Bigger Black-Market Struggles For its study, dubbed Impact of the taxation and […]
Industry
November 7, 2025
UKGC: Quantifying the Reach of the Black Market Proves Challenging
The UK Gambling Commission (UKGC) has published its latest industry report on the pressing issue of illegal online gambling. This is notably the final in a series of four such reports examining the various facets of the iGaming black market. Quantifying a Hidden Activity Proved Difficult Following reports on consumer awareness, engagement, and how to […]
Legal
November 6, 2025
South Korean Police Bust $3.8B Illegal Gambling Syndicate
The Criminal Investigation Unit of South Korea’s Gangwon Provincial Police Agency confirmed the arrest of 14 individuals linked to a major illegal gambling syndicate. The group is alleged to have managed more than KRW 5.3 trillion ($3.8 billion) in transactions via casino-connected online platforms based in the Philippines. Gangwon Police Dismantle Illegal Gambling Ring Worth […]
Industry
November 6, 2025
GCGRA CEO Kevin Mullally Steps Down, Jim Murren Named Interim CEO
The United Arab Emirates’ gaming regulator, the General Commercial Gaming Regulatory Authority (GCGRA), announced a major leadership transition due to the departure of its chief executive officer. GCGRA Parts Ways with Its CEO In its official announcement, the GCGRA confirmed that CEO Kevin Mullally will be stepping down from his position with immediate effect. Mullally […]
Industry
November 6, 2025
Spelinspektionen Bans Mystery Box Operator CGG Entertainment
The Swedish Gambling Authority, Spelinspektionen, announced that it has banned yet another gambling operator for offering gaming without a license. The company on the chopping block this time was CGG Entertainment Ltd, according to the regulator’s official announcement. The Operator Offered Mystery Boxes to Swedish Players On November 5, the Spelinspektionen announced that it has […]
Industry
November 5, 2025
Opposition Criticizes Labor MPs’ Support for Tax Raise on Gambling Companies
In a petition backed by over 100 Labor MPs, Rachel Reeves, the United Kingdom’s Chancellor of the Exchequer (effectively the government’s chief financial minister) has been asked to raise taxes on gambling companies. The idea is to use the extra revenue to lift benefit restrictions on families with more than two children. However, the proposition […]
Industry
November 5, 2025
UKGC Penalizes NetBet over AML & Social Responsibility Breaches
The UK Gambling Commission (UKGC) announced that it has issued a GBP 650,000 penalty to NetBet Enterprises Limited due to anti-money laundering (AML) and social responsibility failures. The money from the settlement will be redirected to socially responsible causes. NetBet Failed to Meet the UK’s Regulatory Standards In its announcement, the UKGC said that NetBet […]
Industry
November 4, 2025
Slovakia’s President Vetoes New Gambling Law
Peter Pellegrini, Slovakia’s President, has vetoed a new gambling legislation that the Central European country recently passed, citing concerns about consumer protection and the perceived social impact of the new law. President Pellegrini Vetoes Gaming Legislation After a week of deliberations during its 40th parliamentary session, Slovak MPs have passed a new gaming law designed […]
