Gambling Industry News

Malaysian Man Arrested After Alleged RM1.5b Money Laundering Gambling Charges

Malaysian Man Arrested After Alleged RM1.5b Money Laundering Gambling Charges

Police have arrested a Malaysian man in Thailand in conjunction with an alleged RM 1.5billion money laundering operation through a black market online gambling site called Hydra888. Suspect Detained By Thai Immigration Authorities On Gambling Money Laundering Charges The 26-year Malaysian man was collared by the Thai immigration authorities at the Don Mueang International Airport […]

Kalshi Promoting Fake Parlays On Social Media – A Sign Of Things To Come?

Fake posts of parlays placed on Kalshi have been posted with increasing frequency on X, indicating the site may soon allow such bets.

New Meta Gambling Ad Rules Restrict Unregulated Operators

Meta has introduced new rules around gambling advertising that place increased demands on companies to meet stricter regulatory standards.

Betfair Announce Exit From New Zealand Sports Betting Market

Betfair has confirmed it will exit the New Zealand sports betting market on July 23 following the introduction of new legislation. Last month, as part of amendments to the Racing Industry Act 2020, residents of New Zealand can only bet on sports and racing through one licensed operator. Offshore sportsbooks such as Betfair are no […]

Bet365 Scores Pens Sponsorship Deal With Serie A Champions Napoli

Bet365 Scores Pens Sponsorship Deal With Serie A Champions Napoli

Bet365 is the latest firm to workaround Italy’s laws on betting sponsorship and advertising in sport with its new Napoli deal. The popular sports betting app has completed a deal to sponsor the reigning Serie A champions through its subsidiary company, bet365 Scores. Bet365 Scores is an app that offers stats and results in real […]

Flutter Entertainment Confirms Betfair and Paddy Power Brands Were Subject To Cyber Attacks

Flutter Entertainment Confirms Betfair and Paddy Power Brands Were Subject To Cyber Attacks

The Betfair and Paddy Power brands, that come under the Flutter Entertainment banner, were targeted by a cyber attack this week – with the firm confirming these criminals were able to access personal account information. Betfair and Paddy Power Cyber Attack Sees Email Addresses and Account Names Obtained On Tuesday 8th July, Flutter Entertainment – […]

Bonuses & Free Bet Offers Increase Gambling Expenditure By 11%, Irish Study Finds

Bonuses & Free Bet Offers Increase Gambling Expenditure By 11%, Irish Study Finds

Betting promotions can lead players to increase their gambling expenditure by as much as 11% according to a recent study in Ireland. The Gambling Regulatory Authority of Ireland conducted research focusing on men under 40 to find out how bettors react to offers like casino sign up bonuses and money-back promotions. It was carried out […]

Indiana Fever Announces Bet365 As Official Sportsbook Partner For 2025

Indiana Fever Announces Bet365 As Official Sportsbook Partner For 2025

The Indiana Fever has announced bet365 as its official sportsbook partner for the 2025 season. Bet365, one of the most popular Indiana sports betting sites, joins arms with the state’s beloved WNBA team. Indiana Fever ‘Excited’ To Team Up With Bet365 Fever Chief Operating Officer and General Manager Amber Cox said: “We’re excited to team […]

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Gambling Industry News

Black Market Gambling On The Rise In The Netherlands Following Introduction Of Deposit Limits

Black market gambling in the Netherlands has seen a steady rise following the introduction of strict deposit limits last year. According to the country’s gambling regulator, Kansspelautoriteit (KSA), measures put in place to increase gambling protection have created a worrying knock-on effect. Last October, the Responsible Gaming Policy and Gambling Limits Regulation in the Netherlands […]

Gambling Business News

bet365 Cements Presence In Denver With $135M Office Purchase

UK-based sports betting and gaming operator bet365 has completed the purchase of a $135 million office building in Denver, cementing its place in the city.

UK Gambling & Casino Industry News

UKGC Fines Online Casino Fafabet £170k For Unfair T&Cs

The UK Gambling Commission (UKGC) has fined Fafabet’s operator, Taichi Tech Limited, £170,000 over ‘unfair’ terms and conditions. The UKGC, who regulate all gambling business in the country, took issue with a ‘discretionary’ term in Fafabet’s casino bonus T&Cs. The term detailed how the operator, a major UK online casino, had the ability to close […]

Thailand Set To Withdraw Bill Legalizing Casinos Amid Political Turmoil

Lawmakers will reportedly withdraw a bill to legalize Thai casinos this week amid political turmoil in the country.

Gambling Business News

DraftKings Stock Price Target Lowered But Remains Buy Recommendation

Investment bank Jefferies lowered its prediction for DraftKings' stock price from $60 to $53 amid betting tax increases, but maintained a buy rating.

Michigan Woman Who Lost $2M At Online Casinos Send Warning To Ohio

A Michigan woman has warned against Ohio legalizing online casinos, admitting she lost $2 million over six months playing blackjack online.

Gambling Industry News

Cleveland Guardians Pitcher Luis Ortiz Under Investigation Over Unusual Gambling Activity

The Cleveland Guardians pitcher Luis Ortiz has been placed on "non-disciplinary paid leave" by the MLB while an investigation into unusual gambling activity takes place.

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