Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Industry
December 2, 2024
Indonesia Pushes for Teen Rehabilitation from Online Gambling
The fight against illegal gambling is intensifying in countries across Asia. With many prohibiting land-based and online gambling activities, illegal offering is a constant threat that results in losses and even affects children. Only recently, thousands of bank accounts, suspected of links to iGaming activities were suspected in Indonesia. Now, the country’s Youth and Sports […]
Business
December 2, 2024
High-Stakes Bitcoin Bets via Polymarket Leave Gamblers Reeling
Event contract platforms such as Kalshi and Polymarket attracted a large number of bets on the recent Presidential Elections in the United States. While sportsbooks proved to be more accurate than polls in predicting the win of Donald Trump, many bettors won hefty wagers on the elections. Bitcoin’s Price Couldn’t Break the $100K Barrier in […]
Industry
December 2, 2024
Macau Anticipates Changes to Economy Under New Leadership Strategy
The gambling sector represents a major part of the tax revenue in Macau, China’s special administrative region where the activity is legal. With approximately 80% of the revenue coming from gambling activities, the region hinted at plans to shift its focus from gambling to tourism, entertainment, leisure and hospitality. The aforementioned plan was first announced […]
Industry
December 2, 2024
Pushes for Gambling Reform Won’t Go Away, Says Tim Costello
Despite promises and calls by responsible gambling groups in Australia, the country is yet to implement effective restrictions on gambling marketing. Meanwhile, losses to casino gambling and sports betting are in the hundreds of millions on a monthly basis and billions annually. Late last month, the government in Australia laid aside gambling ad reforms ahead […]
Industry
November 28, 2024
Playtech Investors to Vote on €100M Executive Remuneration Proposal
Earlier this year, Playtech confirmed it is in talks with Flutter Entertainment for the sale of its business-to-consumer (B2C) arm, Snaitech. Then, in September, the company confirmed that the proposed sale of the asset has a price tag of £2.3 billion (approx. $3 billion). Concurrently, Playtech proposed a directors’ remuneration plan, which proved to be […]
Industry
November 28, 2024
UK Betting Statutory Levy Rates Higher than Initial Proposal Estimates
Earlier this week, the UK confirmed its plans to implement a statutory levy applicable to betting and gaming companies. The betting levy, affecting all licensed operators would be charged based on the respective company’s gross gambling yield (GGY) from the previous year with the levy rates ranging from 0.1% to 1.1%. Now, Nick Arron, lead […]
Industry
November 28, 2024
South Korea: Police Busts Illegal Gambling Ring, Arrests Hundreds
In a major operation against illegal gambling, police in South Korea detained operators, while also arresting close to 200 gamblers. Law Enforcement Investigates Illegal Gambling Ring The unlawful gambling operation reportedly was launched by a man in his 50s in July last year. Recognized as the mastermind behind the operation, the man engaged with an […]
Industry
November 28, 2024
Malaysia Urged Facebook to Remove Gambling and Scam Posts
Social media enables advertisers to reach targeted audiences in markets across the globe. The multi-billion-dollar sector continues to grow, and many advertisers turn to platforms such as Facebook, Instagram, YouTube and TikTok to promote their products and services. However, there’s a dark side to advertising on social media and that is when such resources are […]
Industry
November 28, 2024
Victoria Gambling Regulator Issues 88 Disciplinary Actions
It has been a busy year for the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), judging by its latest report. VGCCC Imposes Fines, Disciplinary Actions On Thursday, the Commission released its 2023-24 annual report, pointing to a number of resolved issues, including the enforcement of disciplinary actions against gambling […]
Business
November 28, 2024
Star CEO Highlights Progress, Asks Shareholders for Patience
Star Entertainment, the recognizable gaming operator in Australia, continues to face challenges and asked shareholders for patience until the business completes its transformation and starts to return value. Those were some of the takes of the company’s recent annual general meeting which took place on Thursday in Brisbane. The Company Remains Dedicated to Transformation Steve […]
