Addicted to Online Gambling, Class 10 Boy Steals Gold Worth Lakhs From Home | Image:Pixabay Bengaluru: Two Class 10 students were detained by police for allegedly extorting valuables worth Rs 35 lakh from their classmate by blackmailing him. According to sources, the victim student was addicted to online gambling. In fear of getting his activities...
Category: Gambling
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UK’s online gross gambling yield rises 5%
Online total gross gambling yield in the UK regulated market grew by 5 per cent year-on-year in Q4, according to new statistics from the Gambling Commission. Rising to £1.4bn, the increase in revenue was matched by a new peak of total bets/spins of 24 billion, which rose by 10 per cent. Real event betting GGY...
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Most effective marketing strategies in iGaming
Reading Time: 3 minutes Gone are the days when casino games were merely the preserve of brick-and-mortar casinos. Much like every other sector, gaming has long gone digital. In Europe alone, the online gambling industry is projected to generate around €43bn in 2024. According to German data gathering company Statista, the market should reach...
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Pakistan test skipper Shan Masood declines to promote online gambling brand
Pakistan’s Test captain, Shan Masood, currently leading Yorkshire in English County cricket, has opted out of promoting the online gambling company, Dafabet, reported BDCricktime. Masood’s decision means that the logo of Dafabet will not appear on the neckline of his shirt during matches. Yorkshire recently entered into a two-year partnership agreement with Dafabet, which included...
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Classmates extort gold jewellery worth lakhs from student addicted to online gambling
In October last year, the extortion started when the two classmates came to know about the victim’s addiction. Scared about backlash, the victim took to stealing gold ornaments from his house and handed it over to the minor accused. Photo credit: Freepik New Delhi: Addiction to online gaming took an nasty turn for...
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Illegal online gambling: A growing threat to Philippine casinos and revenues
By Ian C. Sayson The Philippines should take a closer look at online gambling entities catering to locals, as many of these have mushroomed in the past year and could potentially be illegal, according to an investor in one of the nation’s four operating integrated casino resorts. Legal casino operators are suffering losses due to...
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Classmates extort ₹23 lakh, 300g gold from school student addicted to online gambling
Four people were arrested and two minors detained for allegedly extorting jewellery and cash worth ₹41 lakh from a Class 10 student of a private school in Bengaluru by threatening to inform his parents about his addiction to online gaming, police said on Wednesday after recovering 302 grams of gold and ₹23.5 lakh from the...
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Online gamblers who lose £500 or more a month to face extra checks
Online gamblers who lose £500 or more a month are to face extra checks from August, the regulator has confirmed, as part of a large package of measures aimed at protecting the most vulnerable customers. The extra checks come in from 30 August, and the threshold for qualifying will fall to £150 of online betting...
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Rivalry doubling down on crypto as Q1 loss narrows
Rivalry co-founder and CEO Steven Salz said 2024 is “is poised to be one of our most ground-breaking,” with cryptocurrency among its core focuses for new product releases. In a letter to shareholders accompanying the company’s Q1 results, Salz said the North American sports betting operator will “soon” reveal plans for a “crypto-enabled product set”...
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UK online gross gambling yield increases to £1.36bn
The Gambling Commission which oversees and regulates gambling and gaming law in the UK has published figures showing a 5% growth in the final quarter of the latest financial year. The increase which brought the figure to £1.36bn is said by the organization to be driven by slots which saw an 11% rise year-on-year. Online...
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Ranking the Best Social Casino Sites for 2024
Pulsz Social Casino Pulsz is one of the most popular social casino sites in the industry, with roughly an estimated market share approaching 10%. Pulsz is owned by Yellow Social Interactive and is based in Gibraltar, but legally operates in 47 U.S. states. They offer a total of 700+ different social casino games including slots,...
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Exploring the diverse UK gambling industry
The UK has a vibrant gambling scene, encompassing everything from land-based betting establishments and luxury casino venues to an increasingly popular online betting landscape. With the shear scale of this industry, meaning the volume of punters and interested parties, the UK Gambling Commission is looking to make changes and implement new regulations that both cover...