Thanks to the widespread use of the internet and mobile computing devices like phones and tablets, playing online casino games has gradually gained popularity over the years in Singapore. me88 Singapore is one of the country’s top-rated and most reliable online casinos, known for its focus on providing players with the best gaming experience. This...
Tag: online gambling
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Alberta wagers allowing more online gambling operators will capture illicit market | CBC News
Alberta will soon expand its online gambling landscape to allow multiple players to operate legally, moving closer to a model used in Ontario. At present, the only regulated and legal online gambling website in the province is Play Alberta. It includes casino-style games, live dealer table games as well as sports betting, and is operated by Alberta...
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Major update on gambling ad bans
Federal cabinet is poised to consider gambling advertising reforms that would almost immediately ban online ads, while giving broadcasters two years to see out their contracts with bookmakers. According to Sky News, a blanket ban is not in the plan, despite it being recommended by a parliamentary committee headed by the late Labor MP Peta...
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AGA Study: More Americans Accepting Casinos, Sports Betting
With Responsible Gaming Education Month set for September, a new survey from the American Gaming Association (AGA) reports that Americans are increasingly embracing casino gaming and sports betting as acceptable forms of entertainment and responsible industries. The results come ahead of the seventh NFL season with widespread legal wagering. The survey found that 75% of...
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DraftKings to Enhance In-Play Betting Offering With Simplebet Acquisition
Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both companies but is subject to the receipt of required gaming regulatory approvals and other customary closing conditions, DraftKings said in a Wednesday (Aug. 28) press...
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Indonesia’s OJK to Complicate Online Gambling Players to Access Financial Services
TEMPO.CO, Jakarta – The Financial Services Authority (OJK) will blacklist online gambling players to ensure that they cannot access financial services in Indonesia. Deputy supervisory commissioner for financial service business players’ behaviors and consumer protection at the OJK, Rizal Ramadhani, informed that the OJK will feed the data of people involved in online gambling into...
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Google, Meta, TikTok, X Required to Sign Integrity Pact Against Online Gambling
Jakarta. Indonesia has mandated that 18,232 private electronic system providers (PSEs), including major firms like Google, Meta, TikTok, and X, sign an integrity pact to combat online gambling. “Private PSEs must immediately comply with the integrity pact. Non-compliance will result in the removal of their registration,” said Communication and Informatics Minister Budi Arie Setiadi on Tuesday....
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Yield Sec report: Illegal US gross gaming revenue continues to significantly outpace legal GGR
A new Yield Sec report shared exclusively with iGB shows that the US gambling market reached $39.9bn (£30bn/€35.7bn) in gross gaming revenue (GGR) in the first half of 2024. The company said $29.1bn of that GGR came from illegal platforms between January-June 2024. Yield Sec uses predictive analytics in its report. The report is for...
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Casino halls increasingly closing doors, online casino numbers rising
Brick-and-mortar casino attendance is declining and casino halls are closing their doors, however the number of online casinos in Estonia is on the rise. According to Estonian Gaming Operator Association (EHKL) director Tõnis Rüütel, there is no point in opening any more new casinos in Estonia. “Generally speaking, yes, developments are such that analyses still...
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Rush Street Interactive, Inc. (RSI): The Best Small-Cap Casino Stock According To Hedge Funds?
We recently compiled a list of the 7 Best Small-Cap Casino Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where Rush Street Interactive, Inc. (NYSE:RSI) stands against the other small-cap casino stocks. Global Gambling Industry Overview The gambling market comprises sales from gambling service-providing companies including casinos, bingo...
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Thane: Online gambling addict kills, robs 74-year-old, sets her house on fire
THANE: The Bhiwandi rural police have arrested a 28-year-old man for allegedly killing a 74-year-old woman and setting her house on fire after stealing her gold jewellery to clear a debt of around ₹1.5 lakh, which he had piled up due to his addiction to online gambling. Thane: Online gambling addict kills, robs 74-year-old, sets...
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Online gambling addict kills elderly woman for gold, sets house afire; had ₹2 lakh debt
Aug 19, 2024 12:06 PM IST The incident took place in Zatewada on August 14, the Bhiwandi taluka police station official said. A 35-year-old man allegedly killed a 74-year-old woman in Maharashtra’s Thane district to steal her gold ornaments. After committing the crime, he set the house on fire to destroy evidence. The man is...