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Industry
March 25, 2025
Sweden Fines Two Operators for Duty of Care Violations
Sweden’s gambling regulator, the Spelinspektionen, announced that it had issued financial penalties to two gambling operators. According to the authority, both of these companies violated their duty of care commitments, thus exposing consumers to gambling harm risks. The two companies in question are Roar Vegas Ltd and Glitnor Services Limited. Roar Vegas Intervened Too Late […]
Industry
March 25, 2025
Spain’s Online Gambling Sector Hits New Records in 2024
¡Ole! The latest numbers for 2024 are in, and it looks like Spain’s online gambling industry did well. The Southwestern European country that reported an impressive 14.4% gross gaming revenue (GGR) increase in the third quarter of 2024 ended the year reaching even greater heights. Namely, its GGR soared by 17.6% compared to the previous […]
Industry
March 25, 2025
Massachusetts Financial Watchdog Launches Probe into Robinhood
The Massachusetts Secretary of State, Bill Galvin, has confirmed on Monday that the Bay State has launched an investigation into Robinhood and the platform’s newly-launched prediction markets, which have already generated significant interest and trading handle. Massachusetts on the Offensive Against Robinhood’s NCAA Prediction Markets With $249 million generated in trading volume in the first […]
Industry
March 25, 2025
Kalshi Reports $249M in Prediction Markets in First Rounds of March Madness
March Madness, one of the most heavily bet sporting events of the year, is expected to generate $3.1 billion in legal wagers through traditional sportsbooks, according to the American Gaming Association (AGA). In comparison, Kalshi’s futures contracts, which have now hit $249 million, represent roughly 8% of that total, highlighting the growing interest in alternative […]
Industry
March 25, 2025
US Supreme Court Denies Wynn’s Appeal to Overturn Defamation Protections
The US Supreme Court (SCOTUS) has declined to hear an appeal from Steve Wynn, the billionaire founder and former boss of Wynn Resorts, in his legal battle against the Associated Press (AP). Wynn’s case challenged longstanding defamation protections established by the Court’s 1964 landmark ruling in New York Times v. Sullivan, which has established the […]
Industry
March 24, 2025
Ukraine Establishes Gambling Regulator to Strengthen Oversight
The Ukrainian government has introduced a new state agency, PlayCity, to oversee and implement gambling policy following the dissolution of the previous gambling regulator amid allegations of corruption and potential links to Russian-affiliated online casinos. This development marks a pivotal step towards ushering in a more transparent and consumer-focused industry. The New Authority Should Seamlessly […]
Industry
March 24, 2025
Kansspelautoriteit Reaffirms Commitment to Player Protection
The Dutch Gaming Authority (Kansspelautoriteit/KSA) has emphasized that the safety of players in the Netherlands will remain its regulatory focus. In line with its current strategy, the regulator vowed to continue upholding robust player protections. Player Protection Remains the Core Priority The safety of Dutch players was called the “most important core point” for the […]
Industry
March 24, 2025
Denmark’s Gambling Spend Increased Slightly in February
Denmark’s gambling regulator, the Spillemyndigheden, published data about the local gambling industry’s performance in February 2025. The regulator also published data about the overall gaming metrics in 2024. The Gambling Spend in Denmark Was 0.6% Higher in February According to the Spillemyndigheden, Danes spent 0.6% more on gambling in February 2025 than they did in […]
Industry
March 24, 2025
Over 50 UK MPs Back Grand National Charity Bet Campaign
Britain’s Betting and Gaming Council (BGC) announced that more than 50 MPs have agreed to take part in the council’s Charity Bet initiative. As a result, representatives of both sides of the house will visit betting shops to place charity wagers on the Grand National. Everyone Will Win No Matter What According to the BGC, […]
Industry
March 24, 2025
Maryland to Increase Online Betting Tax to 20% Instead of 30%
Maryland lawmakers have decided against the initial plans to introduce a significant tax hike for online sports betting. While the tax hike will still happen, it will be much lower than previously discussed. Maryland Decides Against Boosting the Tax to 30% The original tax hike was outlined in Governor Wes Moore’s budget proposal. Published in […]
