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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.
Legal
December 3, 2024
RICO Lawsuit Targets Apple, Google Due to Sweepstakes Casino Games
A new class action lawsuit named two tech giants defendants, along with a list of sweepstakes operators, accusing the companies of facilitating illegal online gambling and seeking recovery of money lost. New Class Action Lawsuit Targets Four Sweepstakes Operators That is the case for a new lawsuit filed by Julian Bargo, naming industry giants Google […]
Industry
December 3, 2024
DraftKings CEO Robins Predicts US iGaming Expansion in 2025
Unlike sports betting, which is available in close to 40 US states, online gambling is legal only in seven states. With iGaming available in major markets such as Michigan, New Jersey and Pennsylvania, among others, the legalization of the activity is expected to pick up speed in more states, a recognizable gaming executive predicted recently. […]
Lottery
December 2, 2024
Mega Millions Jackpot Hits $541M Ahead of Next Drawing
The most recent drawing for America’s popular lottery game, Mega Millions, took place on Friday, November 29, 2024. While many tried their luck for the $514 million jackpot at the time, no ticket matched correctly white balls 3, 29, 34, 37 and 38 along with the gold Mega Ball 17. Mega Millions Grand Prize Continues […]
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 […]
