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Industry
December 3, 2024
Labour Candidate Cleared Following Election Bet Investigation
A Labour parliamentary candidate who admitted to making a “stupid error” by betting against his own success in an election has been cleared after an investigation. Lack of “Sufficient Evidence” Kevin Craig, previously suspended as Labour’s candidate for Central Suffolk and North Ipswich, faced scrutiny after the Gambling Commission launched an inquiry into his actions. […]
Business
December 2, 2024
Star Sports Names Davies Chair as Wiseman Stands Down
Star Sports Group has unveiled changes to its leadership, welcoming a new chairman. This shift comes after chair Russ Wiseman announced that he will be stepping down from the role for personal reasons. Davies to Succeed Wiseman as Chair Wiseman’s successor is Sir Phillip Davies, a former chairman of the All-Party Parliamentary Group on Betting […]
Industry
November 27, 2024
LV Sands’ Adelson Continues Pro-Gambling Support in Texas
As the Texas Legislature is getting ready for the 2025 session, billionaire and owner of the Las Vegas Sands Miriam Adelson is intensifying efforts to legalize gambling in the state. Dr. Adelson, who brought in $95 million to the pro-Trump Preserve America PAC during Q3 2024, has significantly ramped up her political contributions as well. […]
Industry
November 27, 2024
Trump’s Return to White House Expected to Boost Online Gaming Industry
People expect the Trump administration to take a relaxed approach to gaming rules, which industry big-shots think could help the sector. Richard Schwartz Optimistic About Online Gaming Expansion Under Trump Richard Schwartz, the CEO of Rush Street Interactive, sounded upbeat about online gaming’s chances under Donald Trump’s watch during a virtual meeting about consumer tech […]
Legal
November 26, 2024
Lawsuit Against Musk’s MAGA Sweepstakes Falls Apart
Philadelphia District Attorney Larry Krasner has dismissed the case against billionaire Elon Musk’s political action committee, America PAC. Krasner alleged that the pro-Trump PAC had conducted an illegal lottery during the 2024 presidential election, accusing it of violating state lottery laws. However, the newest development means the case will not reach the court. Musk’s Sweepstakes […]
Industry
November 26, 2024
UK to Introduce Statutory Levy Very Soon, Reports Say
The British gambling and betting industry will have to pay some £100 million a year, as per a new RET (research, education and treatment of gambling harm) levy. As reported by The Guardian, this new measure could be announced as soon as this week. In Line with the White Paper The report says that the […]
Industry
November 19, 2024
Serbia’s Zeleno-Levi Front Urges Total Ban on Gambling Ads
Serbia’s Zeleno-Levi Front (ZLF/Green-Left Front), a local green political party, is advocating for a total ban on gambling ads in the country. According to its representatives, banning all ads would be the most surefire way to protect the public from gambling harm. The Current Proposals Are Insufficient, ZLF Argues The ZLF just organized the Games […]
Industry
November 18, 2024
Kalshi Plans for Bigger Future Following Election Triumph
The recent US Presidential Election, which resulted in a resounding win for the former president, Donald Trump, attracted bets in billions across different platforms in the country. Kalshi Plans to Exponentially Grow Its Offering Trading contracts platforms such as Kalshi and Polymarket indicated a record surge in demand and interest in betting on the election. […]
Industry
November 7, 2024
ANJ Could Hit Polymarket with Ban Over Gambling Concerns
Popular prediction market platform Polymarket could be facing a potential ban in France amid gambling concerns. L’Autorité Nationale des Jeux (ANJ), France’s National Gambling Authority, which is responsible for regulating all forms of gambling within the country, has also raised legal concerns over Polymarket as significant bets on political outcomes have put the platform under […]
Industry
November 7, 2024
US Ambassador Criticizes Hungary PM Orbán for Supporting Trump
Hungary’s Prime Minister, Viktor Orbán, demonstrated his support for Donald Trump even before the announcement about the former president’s second win at the recent US Presidential Elections. The race that saw Trump face Kamala Harris ultimately resulted in a resounding win for the former, who won his second presidency. But the early support of Orbán […]
