The COVID-19 pandemic did not just disrupt, but it brought the entire world to virtually a halt. It reshaped daily life and forced industries to change their ways. Although this was a global crisis and a tragedy of epic proportions that will stay etched in our lives, one sector benefitted from gambling COVID-19. With more...
Category: Gambling
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Indonesia to restrict free VPNs to curb online gambling access
The minister of communication and information aims to prevent Indonesians from gaining access to online gambling. Indonesia.- Budi Arie Setiadi, minister of communications and information technology, has announced plans to restrict access to free virtual private networks (VPNs) to prevent citizens from accessing online gambling. He said he has discussed the decision with Wayan Tony...
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Thai TikTok star arrested for alleged online gambling
Chutima is accused of running an illegal gambling website. Thailand.- A Thai TikTok star known as Soda has been arrested at Bangkok’s Suvarnabhumi International Airport for allegedly running a gambling website called Zigma911. The website was promoted on multiple social media platforms. According to The Thaiger, police conducted raids at six locations in the Isaan...
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UKGC data: Record quarter for gambling activity in Britain
Great Britain’s online gross gambling yield (GGY) increased by 12% year-on-year to £1.46bn (€1.73bn/$1.87bn) in Q2, with the total number of bets and spins reaching a record high for the second consecutive quarter. Players in Britain placed 24.5 billion bets and spins in Q2 (April to June), representing an increase of 11% on last year...
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UKGC data: Record Q2 for gambling activity in Britain
Great Britain’s online gross gambling yield (GGY) increased by 12% year-on-year to £1.46bn (€1.73bn/$1.87bn) in Q2, with the total number of bets and spins reaching a record high for the second consecutive quarter. Players in Britain placed 24.5 billion bets and spins in Q2 (April to June), representing an increase of 11% on last year...
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Influx of gaming applications causes licensing delays in Curaçao, says regulator
Interest in entering Curaçao’s gambling market has skyrocketed according to Gaming Control Board (GCB) managing director Cedric Pietersz, as the regulator seeks to improve its licensing processes to meet the demand. Pietersz told iGB last month that the Curaçao regulator had received 740 online gambling licence applications during its H1 window which closed in April....
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Stake.com to buy Idealbet.it.
The deal will expand Stake.com’s European portfolio. Stake.com has confirmed that it will buy Baldo Line SRL, operator of the Italian sportsbook Idealbet.it, from Octavian Group. The move will see the operator expand its European profile by acquiring an Italian licence. Baldo Line has operated Idealbet.it since 2012 and has offices in the province of...
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Jersey Gambling Commission still committed to delivering on problem gambling treatment
The regulator laments the delays but says it still hopes to establish a programme. Channel Islands.- The Jersey Gambling Commission still hopes to create and deliver specialist problem gambling treatment on the island. Advocate Cyril Whelan, who is the chair of the commission, said the regulator hoped the initiative would be its “lasting legacy”. The...
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Police follow-up on T initial individual behind online gambling: VP
Bandung District, West Java (ANTARA) – Vice President Ma’ruf Amin called on the Criminal Investigation Unit of the National Police to follow up on the person with the initial “T” suspected of being behind online gambling practices. “It has been revealed at the cabinet meeting regarding this “T” person. Now, it has been reported to...
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Online casinos will generate more revenue in the UK this year than in the US, new data reveals – CoinJournal
UK online casinos forecast to generate $6.468 billion in revenue in 2024, surpassing USA’s $6.29 billion UK has higher user penetration (17.4%) and ARPU than the US (9.4%), which offsets smaller population The rise of non-GamStop casinos offers flexibility but poses regulatory and safety risks. In a surprising turn of events, 2024 revenue forecasts from...
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Suffering losses in online gambling, TN man scripts burglary drama to steal, pawn wife’s jewels
CHENNAI: To compensate for the losses he incurred in online gambling, a man connived with his relative take away his wife’s jewellery when the family was away and then enacted a burglary drama, sending police on a wild goose chase for a couple of days. Near midnight last Sunday, B Janardhanan (44) of EGP Nagar...
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Blockchain in online gambling: revolutionising security and transparency — Retail Technology Innovation Hub
Enhancing security measures In traditional online gambling platforms, players often express concerns over the security of their personal and financial information. Blockchain technology addresses these concerns head-on by encrypting transaction data and securing it across a distributed network. This method drastically reduces the risks of hacking and fraud. Additionally, smart contracts automate transactions and enforce...