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Industry
November 28, 2024
UK Man Shares How a Single Bet Can Spiral into Decades of Addiction
When Colin Brown from Fife, Scotland, first experienced the thrill of gambling as a 15-year-old, he had no idea it would mark the beginning of a devastating journey. A modest 50p bet on a slot machine that returned £4.80 ignited a lifelong addiction that he estimates cost him more than £250,000 ($317,000) and nearly everything […]
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
Richmond Police Bust Illegal Gambling Operation
What appeared to be an ordinary tobacco outlet turned out to be the center of a significant illegal gambling operation, leading to multiple arrests and the seizure of thousands of dollars in equipment. This newest development highlights US’ ongoing battle against illegal gambling as law enforcement urges the public to report any suspicious venues. The […]
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
Yeşilay Issues Harsher Online Gambling Addiction Warning
In October, GamblingNews wrote that the prominent Turkish organization Yeşilay reported an important rise in the number of online gambling addiction cases at its counseling centers. A lot of those cases involved children, some as young as nine. Now, Mehmet Dinç, head of the same anti-addiction nonprofit, has raised the alarm over the escalating impact […]
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
City of Lipscomb Faces Financial Crisis After Bingo Hall Shutdown
Lipscomb Alabama, a small town near Birmingham, is dealing with financial problems after state officials closed an electronic bingo hall and froze the city’s bank accounts. Mayor Expresses Frustration Following Shutdown of Jay’s Charity Bingo The office of Attorney General Steve Marshall says Jay’s Charity Bingo took part in illegal gambling. This move means the […]
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 […]
Industry
November 27, 2024
Georgian Labor Union Accuses Government of Collusion with Evolution
In a sudden escalation of tensions, Georgian trade union Labor has accused government representatives of working alongside Evolution Georgia, a subsidiary of the global gambling technology giant. They allege the company is pursuing various avenues to force the protesters to end their strike. However, Labor remains adamant in its stance despite rising pressure. Strikers Allege […]
