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Industry
October 25, 2024
New Study Reveals Health Impact of Gambling Industry Boom
A newly released report focused on the impact of gambling across the globe, warning about the dangers of such activities and submitting recommendations on how to combat excessive gambling and protect the public. 80 Million People Are Affected by Problem Gambling The report was published by The Lancet, one of the world’s highest-impact academic journals. […]
Industry
October 24, 2024
New Report Warns of Money Laundering Threat in India’s iGaming Sector
With a whopping number of 442 million gamers, India has become the second-largest gaming market worldwide, only surpassed by China. As with the rest of the global gaming hubs, India is also dealing with money laundering concerns tied to the gaming industry, among others. A recent report has emphasized the need for stricter regulations to […]
Casino
October 24, 2024
Woman Wins £4.3M Jackpot from a £2 Online Bet at Betfred
A lucky online casino player “has it all figured out” after a huge £4.3 million (approximately $5.6 million) win at Betfred. According to the operator, the winner is an accountant from north London who won the huge prize from a £2 bet. The Woman Is Still in Disbelief The triumphant winner won what Betfred called […]
Business
October 24, 2024
Truist Analyst Shares Insights, Finds Gaming Stocks Uninspiring
An expert analyst recently pointed to the underperforming gaming stocks when compared to the S&P Index and discussed a range of challenges and developments within the sector. Investors Lack Enthusiasm for Gaming Stocks That is the take of Truist Securities analyst Barry Jonas, who was recently quoted by CDC Gaming. In a Wednesday note to […]
Industry
October 23, 2024
Huge Gambling Site Network Linked to Polyfill Supply Chain Hack, Report
In the digital age, cyber threats, attacks and scams are not uncommon. With the development of technology, cyberattacks have become more complex and in some cases can affect millions of consumers without them even knowing. Supply Chain Attack Linked to Gambling Websites Earlier this year, one of the largest digital supply chain attacks was launched. […]
Industry
October 22, 2024
Hacker Group APT41 Targets Gambling Industry for Financial Gain
The popular Chinese state-sponsored hacking group APT41 has been linked to a complex cyber attack targeting the gambling and gaming industry. The group, also known as also known as Brass Typhoon, Earth Baku, Wicked Panda, or Winnti, allegedly infiltrated one of cybersecurity firm Security Joes’ clients and continued to maintain persistent access for nearly nine […]
Industry
October 21, 2024
Illegal Online Gambling in South Korea Soars Since COVID
As South Korea continues to combat illegal gambling, a newly released report sounds the alarm about the exponential growth of such activities over the last few years. Data from the country’s National Gambling Control Commission highlights that the number of illegal gambling cases soared when compared to pre-pandemic data from 2019, as announced by The […]
Industry
October 18, 2024
BlockDance Hit With KSA Penalty for Offering Unlicensed Gambling
Recognized as a gambling market with robust regulations, the Netherlands doesn’t permit operators without a license to offer their services. In the event of breaches, the Dutch Gambling Authority, Kansspelautoriteit (KSA), takes action by issuing orders or in some cases monetary penalties. In one recent case, the gambling watchdog issued a penalty payment order against […]
Slots
October 18, 2024
Discover Ancient Treasures in Dragon Gaming’s Fortunes of Pharaohs
Turn back the clock and prepare for a journey to the past in Dragon Gaming’s latest slot game, Fortunes of Pharaohs. Prepare to uncover the mysteries of ancient Egypt and learn the mighty Pharaoh’s wisdom as you fire up the reels of this brand-new title. Fortunes of Pharaohs Metrics Visit the Pharaoh’s Court and Discover […]
Blockchain
October 18, 2024
Buying Crypto and Meme Stocks Is Akin to Gambling, Says Strategist
Buying cryptocurrencies and meme stocks like Trump Media is akin to gambling, believes Fiduciary Trust International’s managing director, Doug Cohen. In an interview with Quartz for the “Smart Investing” video series, Cohen discussed why these types of assets are too speculative to be considered sound investments. Cohen explained that the behavior seen around meme stocks […]
