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Industry
March 12, 2025
Olympic Casino Slapped with €8.4M Fine in Lithuania
The actions of a former investment fund manager, who is accused of embezzling millions to spend on gambling, resulted in a hefty fine against a popular casino operator in Lithuania. That’s the case for Sarunas Stepukonis, a former BaltCap manager who was arrested in February last year. Only recently, Lithuania’s Gaming Supervisory Authority (LPT), the […]
Casino
March 6, 2025
Atlantic City’s Borgata Casino Pioneers Dual-Play Gambling
Atlantic City’s Borgata Hotel Casino & Spa is just one of the many casinos that have expressed optimism regarding the possibility of online gambling and traditional in-person casino experiences thriving together. Borgata VP of Casino Operations: “This Is the Future” The venue has been actively testing its theory by introducing a series of new baccarat […]
Industry
March 5, 2025
YouTube Enhances Rules on Betting and Casino Content
Newly announced policies by YouTube are going to crack down on gambling and related content, specifically targeting the promotion of “unapproved” gambling websites. While details regarding the new policies emerged Tuesday this week, their implementation is expected to be completed in mid-March. YouTube Overhauls Gambling-Related Policies Since 2018, when the US Supreme Court struck down […]
Business
March 4, 2025
Adventure Box to Spend $16M on iGaming Assets Acquisition
Adventure Box Technology, a Swedish computer game technology company based in Stockholm, announced that it has entered into a non-binding Letter of Intent to purchase a portfolio of iGaming assets. This move reflects Adventure Box’s continued intense M&A activity. Adventure Box Seeks Affiliate Marketing Growth According to the announcement, the new assets will highlight the […]
Industry
March 4, 2025
Estonia’s Gambling Law Amendments Won’t Include Stricter Rules
Estonia’s Ministry of Finance is preparing amendments to the country’s Gambling Act, with a draft expected to be presented for feedback by mid-year. Despite the proposed changes, officials have made it clear that the revisions initiated this month and ending in April will not impose stricter gambling laws. Rainer Osanik Confirmed Draft Implementation by Mid-June […]
Industry
March 4, 2025
European iGaming Companies Lose $5BN to Fraud Annually, Report
The development of artificial intelligence (AI) makes it more difficult for businesses across the globe to identify potential fraud attempts. While weeding out bad actors remains a challenge for many sectors, the gambling industry isn’t spared. 47% of Online Gambling Companies Lose 10% of Their Annual Revenue to Fraud Online gambling operators across the globe […]
Industry
February 26, 2025
NJ Gov. Murphy Proposes Raising Online Gaming and Betting Tax
New Jersey’s governor is eyeing an iGaming tax hike to address the state’s financial needs. This mirrors proposals in other states, which have also been considering tax increases. Governor Murphy Wants to Raise the iGaming Tax New Jersey has historically been one of the most lenient states in terms of gambling taxes. As one of […]
Business
February 24, 2025
SharpLink Secures Stake in CryptoCasino Owner Armchair Enterprises
SharpLink Gaming, a provider of online marketing to the iGaming and sports betting industries, announced that it has secured a stake in Armchair Enterprises Limited, the owner and operator of CryptoCasino.com. This investment, according to SharpLink Gaming, is in line with its ambition to expand into the lucrative cryptocurrency gaming market. SharpLink Makes a Foray […]
Industry
February 20, 2025
AGA: US Gaming Had Yet Another Record-Breaking Year
The American Gaming Association (AGA) has published its latest Commercial Gaming Revenue Tracker report, highlighting a new annual revenue record for the US industry. This notably marked the fourth consecutive year in which the commercial gambling sector has broken its revenue record. The Commercial Industry’s Momentum Continues According to the AGA, American gaming reached annual […]
Industry
February 20, 2025
Telegram Bans TG.Casino Amid Gambling Concerns
Social media and instant messaging giant Telegram appears to have taken action to ban TG.Casino from its platform. The social media service, which has been previously scrutinized for becoming an online gambling hotspot, seems to be cracking down on casinos on its app. Operators Have Leveraged Telegram’s Capabilities to Host Online Casinos As it turns […]
