Gambling Industry News

Gambling Commission Fine NetBet £650k In Anti-Money Laundering Failures

Gambling Commission Fine NetBet £650k In Anti-Money Laundering Failures

The Gambling Commission has ordered NetBet to pay £650,000 in anti-money laundering (AML) and social responsibility failures. NetBet, which operates the UK’s Netbet.co.uk website, will pay the penalty as part of a settlement with the watchdog and all funds will go to socially responsible causes. Just last month, the operator behind major UK gambling firm […]

NHL Star Arthur Kaliyev ‘Stole $50,000 To Fuel Gambling Addiction’

NHL star Arthur Kaliyev has been accused of stealing $50,000 from his ex-girlfriend to fuel a gambling addiction. Kaliyev’s former partner, adult-content model Lauren Mochen, claimed the Belleville Senators forward borrowed large sums of money from her, asked for access to her PayPal account and used her to cash fraudulent checks. In a series of […]

Isaac Dulgarian Axed By UFC Amid Allegations Of Fight Fixing

Isaac Dulgarian has been axed by the UFC amid allegations of fight fixing. The featherweight was cut from Dana White’s roster just one day after falling to defeat at UFC Vegas 110 on Saturday, where he submitted to a rear-naked choke three minutes and 41 seconds into the bout. Suspicious betting patterns emerged in the […]

Gambling Commission Shuts Down Leeds’ Victoria Gate Casino

Victoria Gate Casino has had its license suspended due to serious concerns regarding anti-money laundering and counter-terrorist financing risks. The Leeds venue was closed on Friday after the Gambling Commission withdrew its operating license and started an investigation into ‘significant failings.’ The UK watchdog said a compliance assessment had flagged concerns the casino ‘failed to […]

FBI Gambling Probe Target Damon Jones ‘Used NBA Championship Ring As Collateral’

FBI Gambling Probe Target Damon Jones ‘Used NBA Championship Ring As Collateral’

Former NBA player Damon Jones, currently at the centre of an FBI gambling probe, allegedly used his championship ring as collateral. Jones was arrested last month amid charges that he disclosed privileged injury information about a ‘prominent’ basketball player to facilitate illegal sports betting. That player, according to ESPN, is Los Angeles Lakers superstar LeBron […]

Rachel Reeves’ Proposed Gambling Tax Rise Will Not Include Horse Racing

Rachel Reeves’ Proposed Gambling Tax Rise Will Not Include Horse Racing

Horse racing will not be included in Chancellor Rachel Reeves’ proposed gambling tax rises. First reported by the Telegraph, Reeves is set to focus on gaming machines and online casinos to raise around £1 billion in extra funds for the Treasury. As it stands, Machine Games Duty (MGD) and Remote Gaming Duty (RGD) is taxed […]

YouTube Tightens Restrictions On Gambling Content

YouTube Tightens Restrictions On Gambling Content

YouTube has announced it is tightening restrictions on gambling content. The online video sharing platform wants to strengthen the protection of vulnerable audiences from gambling content as well as graphic video game violence. In September, a GambleAware study revealed that 87% of young people had viewed gambling content on the internet through platforms such as […]

New Zealand Want Increased Gambling Tax To Fund Social Communities

New Zealand Want Increased Gambling Tax To Fund Social Communities

New Zealand want to increase online gambling tax to fund social communities. A new draft provision to increase social funding has been put forward in parliament, that would see the intended Offshore Gambling Duty being raised from 12% to 16% – with the 4% difference set aside for community initiatives. The move comes as part […]

Betting & Gambling Jobs

Gambling Industry News

SEC Urges NCAA To Reconsider Decision Allowing Athletes To Bet On Pro Sports

The SEC has urged the NCAA to reconsider its decision to allow athletes to bet on professional sports. In a memo sent to the NCAA, SEC commissioner Greg Sankey described the move as a ‘major step in the wrong direction’ and called for plans to be withdrawn. Following a discussion on the topic during in-person […]

Sportsbetting News

BGC Head Tells MPs Gambling Does Not Cause Any ‘Social Ills’ Ahead Of Autumn Budget

The head of the UK’s main betting and gaming lobby group told MPs that gambling does not cause any social ills. Grainne Hurst, chief executive the Betting and Gaming Council (BGC), made the statement to parliament’s Treasury select committee on Tuesday. “I would disagree that there are social ills as a result of it. I […]

Gambling Industry News

William Hill Reports Revenue Increase Weeks After Threatening To Shut Betting Shops

The operator behind William Hill, Evoke, has reported an increase in revenue just weeks after threatening to shut betting shops. Evoke said it is making “good progress” in its turnaround efforts as sports betting helped push stronger revenues. Shares in the gambling group moved higher in early trading as a result and shareholders were told […]

Gambling Industry News

Turkish Football Federation Discovers Hundreds Of Referees Actively Bet On Football

Turkey’s football federation (TFF) has discovered hundreds of its referees are actively betting on football. TFF president Ibrahim Haciosmanoglu revealed a federation investigation, based on data from state institutions, uncovered that 371 of 571 active referees in Turkey’s professional leagues had betting accounts and 152 of them were actively betting. In a press conference in […]

Gambling Industry News

Terry Rozier, Chauncey Billups Among Dozens Arrested In NBA Gambling Scandal

Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups were among dozens arrested as part of an NBA investigation into illegal gambling. In July it was revealed a professional bettor placed 30 wagers in 46 minutes on Rozier’s statistics in a game back in March 2023, staking $13,759 and collecting $13,017.70 […]

Gambling Industry News

Rachel Reeves’ Gambling Tax Hike Will Cost Up To 40,000 Jobs, Industry Warns

Rachel Reeves’ proposed gambling tax hike will cost up to 40,000 jobs according to recent analysis. The Betting and Gaming Council (BGC) commissioned EY – a firm specialising in economic modelling that advises companies and governments on tax – to explore the proposals published earlier this year by the Institute for Public Policy Research (IPPR). […]

Gambling Industry News

Missouri Issues Temporary Sports Betting Licenses Ahead Of December Rollout

The Missouri Gaming Commission (MGC) has issued 39 temporary retail licenses for mobile sports betting. The temporary licenses will allow operators to test their systems and equipment before sports betting officially launches in Missouri at the start of December. The regulator’s Public Relations Coordinator, Elizabeth Hoffman, said: “They can make any of the necessary preparations […]

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