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Online gambling players using phone credit deposits: Minister Setiadi

Online gambling players using phone credit deposits: Minister Setiadi

Jakarta (ANTARA) – Minister of Communication and Informatics Budi Arie Setiadi on Tuesday disclosed the latest findings in a Financial Transaction Reports and Analysis Center (PPATK) report on a new mode of online gambling that uses phone credit deposits. The report found that online gambling players can resort to phone credit deposits, thereby complicating the...

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Wall Street Breakfast Podcast: SCOTUS Refuses Sports Betting

Wall Street Breakfast Podcast: SCOTUS Refuses Sports Betting

Hispanolistic/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify U.S. Supreme Court refuses to hear challenge to Florida’s online sports betting compact. (00:30) Chegg (CHGG) jumps over 9% after announcing headcount reduction, restructuring. (01:39) McDonald’s (MCD) ends drive-thru AI partnership with IBM as it looks for a broad voice...

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Arizona posts year-on-year sports betting growth in April

Arizona posts year-on-year sports betting growth in April

Higher spending on sports betting led to a 26.1% year-on-year rise in adjusted gross revenue (AGR) in Arizona, while the Grand Canyon State also reported a month-on-month increase in revenue. Starting with handle, total spend in Arizona on April hit $656.3m (£516.9m/€611.6m). This is 22.5% higher than last year but 13.6% behind $759.8m in March this year. Arizona...

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Massachusetts May handle up on last year as DraftKings maintains top spot

Massachusetts May handle up on last year as DraftKings maintains top spot

Player spending on sports betting in Massachusetts fell for the second consecutive month in May, though the Bay State was able to report a year-on-year rise in handle. Overall betting handle for the month hit $587.3m (£462.7m/€547.6m), 32.4% higher than May last year, but 2.7% behind the $603.3m wagered in Massachusetts in April this year. Online...

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Best Value Bets for Wednesday including Hunt Cup

Best Value Bets for Wednesday including Hunt Cup

Matt Brocklebank tipped a sensational 66/1 winner on day one at Royal Ascot and our value-seeking expert has a couple of recommendations on Wednesday. The Value Bet is designed to generate long-term profit by searching for overpriced horses in the feature weekend races and at the big Festivals in the UK and Ireland. Value Bet...

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Illinois betting handle up 22.8% to .10bn in April

Illinois betting handle up 22.8% to $1.10bn in April

Sports betting handle in Illinois jumped 22.8% year-on-year to $1.10bn (£868.2m/€1.03bn) in April, while revenue also edged up year-on-year. The Illinois April figure was 22% higher than the $898.6m wagered in the same month last year. However, it was down 12.7% from the $1.26bn bet in Illinois in March of this year. Of the total...

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Jake Paul’s Betr forms partnership with Betting Ladies

Jake Paul’s Betr forms partnership with Betting Ladies

Betr partners with Betting Ladies to empower women in sports betting through educational content and community support.  By Gambling Insider Betr, a sports gaming and media company founded by Jake Paul and Joey Levy, has announced a strategic partnership with Betting Ladies, a community for women interested in sports and betting. This collaboration aims to...

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New online casino site Instant Casino partners with Juventus FC

New online casino site Instant Casino partners with Juventus FC

Crypto online casino announces that iconic Italian Serie A team will be its new regional betting partner in Europe. The agreement has been described as a major win for both Juventus fans and Instant Casino players, promising a wide range of entertainment opportunities and exclusive rewards.  Juventus CCO Tiziana Di Gioia echoed this optimism while...

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Malaysian authorities arrest 27 influencers for promoting illegal gambling

Malaysian authorities arrest 27 influencers for promoting illegal gambling

Police in Malaysia have arrested 27 social media influencers for allegedly promoting illegal online gambling sites, in addition to other activities. The group, comprising 23 women and four men aged between 21 and 35, was apprehended on June 13 across seven states, in Kuala Lumpur, Selangor, Negri Sembilan, Johor, Perlis, Kedah, and Penang. A local...

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Indonesia faces deadly toll of online gambling addiction, intensifies crackdown efforts

Indonesia faces deadly toll of online gambling addiction, intensifies crackdown efforts

FOLLOWING several disturbing murder cases linked to online gambling throughout Indonesia, Indonesian president Joko Widodo has declared a renewed effort to combat gambling. Gambling is illegal in Indonesia, with participants and organisers facing up to 10 years in prison and a maximum fine of 25 million rupiah (RM7,187.12) with distributors of online gambling software can...

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Hellenic Gaming Association Intensifies its Efforts to Combat Illegal Online Gambling

Hellenic Gaming Association Intensifies its Efforts to Combat Illegal Online Gambling

Reading Time: 2 minutes   The Hellenic Gaming Association (HGA) has intensified its efforts against the phenomenon of illegal online gambling, which has reached enormous proportions in recent years with incalculable economic and social impacts. Following a lawsuit recently filed by the organisation under President Christos Panagopoulos against an internationally active company conducting illegal gambling...