According to a study titled “The Prevalence of Online and Land-Based Gambling in New Jersey,” which was backed by New Jersey’s Division of Gaming Enforcement (DGE), the state’s high-risk problem gambling rate is on a decline and has gone from 6.3% to 5.6%. The results also show that low and moderate-risk gambling has decreased by […]
Author: Zoe Sharp
As shown in data provided by Portugal’s Gaming Regulation and Inspection Service (SRIJ), a total of €205.9M in online gaming proceeds was generated over 2023’s second quarter. According to the watchdog, €122M of the money was generated from games of chance, while €84M came from sports betting. The announcement marks the continued growth of Portugal’s […]
Chilean casino operator Enjoy could be acquired by Mexico’s Logrand Entertainment Group in a potential purchase. These developments follow a failed merger between Enjoy and another large Chilean gambling company, Dreams, as the companies’ plans fell through this April. Enjoy also shared in August that it was looking to sell company assets, and according to […]
The High Court of Bombay rejected a Public Interest Litigation alleging Dream11’s business activity fell under the category of gambling. The court classified the games available on the fantasy sports platform as games of skill. Dream11 is known to be the first fantasy sports company to launch its business in India. It enables its users […]
As Thailand’s fight against illegal gambling continues, the Deputy Prime Minister of Thailand, Somsak Thapsutin, made a statement on Tuesday expressing his support for the potential expansion of legal gambling within the country. The DPM noted how betting on cockfighting and bullfighting events is a regulated form of gambling within Thailand, yet football betting and […]
The Norwegian Gambling Authority, Lotteritilsynet, unveiled it would implement stricter measures concerning the control of transactions to and from unlicensed gambling operators. The regulatory body disclosed it would put under scrutiny nine banks and conduct a thorough inspection of their compliance with the illegal payments ban. As per Section 5 of the Norwegian Gambling Scheme […]
Although legal sports betting at Kentucky land-based operators launched a little more than two weeks ago, proceeds in excess of millions of dollars have already been generated. As per the latest reports, more than $4.5 million worth of bets have been placed over the last two weeks. Since September 7, when licensed sports betting operators […]
Underdog Sports LLC, SidePrize LLS, and Betr Holdings Inc. were issued cease-and-desist letters by the Florida Gaming Control Commission (FGCC). The warnings concern alleged betting games that were offered within the operators’ fantasy sports applications illegally, and each company was accused of operating an illegal lottery and accepting bets from Florida-based gamblers. If the operators […]
The Golden Mesa is among Oklahoma’s most iconic casinos, and it is going to undergo a $70 million expansion. The occasion will be celebrated on the casino’s premises on Friday, September 22. Owned by the Shawnee Tribe and managed by Global Gaming Solutions, the casino’s location makes it popular among gaming enthusiasts in both Oklahoma […]
An increase of the current gambling tax rate from 18% to 22% of gross gaming revenue (GGR) is envisaged by the Sweden government. That would generate an extra SEK540.0 million ($48.4 million) of tax revenue per year. Provided that the government sanctions the proposed tax raise, it is expected to enter into force as of […]