Transparency International Bangladesh (TIB) has expressed concern over the increased promotion of online gambling across traditional broadcast and social media platforms. In a press statement released on Thursday, the anti-corruption watchdog urged for the immediate restriction of gambling-related advertisements, enforcement of the Gambling Prevention Act, and proactive measures by relevant law enforcement agencies. “Despite clear...
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:max_bytes(150000):strip_icc()/GettyImages-2151623265-cc30789006304bef81dd98d4bff78abc.jpg "Why Streaming Giants Are Betting Big on Live Sports")
Why Streaming Giants Are Betting Big on Live Sports
Key Takeaways Some of the biggest streaming companies like Netflix and Amazon are placing big bets on live sports. Amazon is reportedly on the verge of spending billions to start broadcasting NBA games, as it also heads into its third season broadcasting the NFL’s “Thursday Night Football.” Meanwhile, traditional broadcasters like NBC and CBS have...
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Summer Soccer Betting: Top Betting Strategies
Dive into summer soccer betting! Explore strategic tips and enjoy comprehensive betting at top online platforms. Then summer came, the warmth it brought, and the great anticipation for soccer tournaments that fans are waiting for across the globe. This is, without a doubt, what fans of online betting sites around the world have...
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Finance Minister sees online gambling, hundi behind increasing money laundering
Finance Minister Abul Hassan Mahmood Ali on Thursday said money laundering is increasing due to online gambling, gaming and hundi. The minister said this in response to a question of Awami League MP M Abdul Latif from Chattogram-11. The finance minister in a written answer said that the level of transactions through Mobile Financial Services...
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Odisha man kills self after murdering wife, daughter amid online gambling loss
Bhubaneswar: The bodies of a man, his wife and their 12-year-old daughter were found inside a car in Odisha’s Jharsuguda on Thursday morning, police said. The deceased have been identified as Sujit Ray, his wife Khusbu, and their daughter Arpita. Their bodies, bearing gunshot wounds, were discovered inside a car parked at a playground near...
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Danish gambling revenue up 5 per cent in March
Spillemyndigheden has published its latest revenue figures. Denmark.- The Danish gambling regulator Spillemyndigheden has published market figures for March 2024. Gross gaming revenue (GGR) was up by 5 per cent year-on-year at DKK 627m ($84.1m). Online casino contributed DKK 310m (up 20 per cent) and land-based casinos DKK 28m (up 14 per cent). Betting revenue...
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Zeal Network revenue up 35.2 per cent in Q1
Revenue was boosted by its lottery business in Germany. Germany.- Zeal Network has reported revenue of €36.1m for the first quarter, a rise of 35.2 per cent year-on-year. Zeal attributed the growth to its core lottery business in Germany and the launch of its online games division in June 2023. Revenue from the German business...
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Penn signs multiyear sports betting partnership with PGA of America
ESPN Bet will be the Official Sports Betting Sponsor of the PGA Championship until 2026. US.- Penn Entertainment and the Professional Golfers’ Association of America (PGA of America) have signed a multiyear sports betting partnership. Under the agreement, ESPN Bet becomes the Official Sports Betting Sponsor of the PGA Championship until 2026. The first men’s...
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Stake.com sees $100m IPL boost after backing Indian market
Global gambling site Stake.com is reaping the rewards of its investment in India with more than $100m already wagered on the continuing Indian Premier League (IPL) cricket season. Cyprus-headquartered Stake has targeted growth in India just as other operators are distancing themselves from the market due to concerns about the GST flat tax on turnover....
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Olga Hlukhovskaya: “1spin4win will keep launching standard network and individual Cash & Drops campaigns”
Olga Hlukhovskaya, Head of Account Management at 1spin4win, talks about the success behind the company’s ‘Treasure Hunt’ network promotion for online casinos launching June 1st. Exclusive Interview.- 1spin4win, an online slot provider, is launching ‘Treasure Hunt’ network promotion for online casinos, scheduled to run from June 1st to June 9th. Focus Gaming News discussed with Olga Hlukhovskaya, head of...
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The China-Philippines united front on online gambling
While the mainstream view in the Philippines is that China is to blame for the flourishing Philippine Offshore Gaming Operators (POGOs) industry, both countries have common cause in rooting out the ills of POGOs. People walk in the Chinatown section of Manila on 9 February 2024. (Jam Sta Rosa/AFP) Much has been said in the...
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KSA to fine Sarah Eternal €280,000 a week until it stops unlicensed offering
The Kansspelautoriteit (KSA), the gambling regulator in the Netherlands, has issued Sarah Eternal with a weekly fine of €280,000 (£240,866/$300,506) for operating without a licence. Sarah Eternal has been offering games of chance on the casinosky.com website without holding the necessary licence. If Sarah Eternal fails to halt the violations, the KSA will fine the...