Commercial gambling operators will be active in Finland by early 2027, according to a draft gambling bill presented by the country’s Ministry of the Interior. The government initially set out plans to end Veikkaus’ current monopoly by 2026, and it plans to meet that deadline. However the market will not launch until 2027, with operators...
Tag: online gambling
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DPR Ethics Council Under Fire for Handling Gambling Allegations
Jakarta. Political analyst from Al Azhar University Indonesia Ujang Komarudin criticized Adang Daradjatun, Chair of the DPR Ethics Council (MKD), for not disclosing the names of lawmakers involved in online gambling, suggesting it highlights flaws in MKD’s ethics enforcement. “The MKD’s internal ethics process is ineffective as they handle cases involving their own members, regardless...
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Pressure Mounts on MKD to Disclose Lawmakers’ Names in Online Gambling Scandal
Jakarta. The House of Representatives’ Ethics Council (MKD) is under pressure to promptly disclose the full names of lawmakers involved in online gambling without using initials. The publication is deemed crucial to uphold the nation’s moral standards. Executive Director of Indonesia Political Review (IPR) Ujang Komarudin emphasized the importance of full-name disclosure, saying, “Announcing complete...
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Kenyan online gambling market sees growth with integration of cryptocurrency
The Kenyan online gambling market is experiencing a significant transformation with the integration of cryptocurrency. This trend is opening new opportunities for both players and operators. Understanding the dynamics behind this shift is crucial for staying ahead in the industry. The rise of cryptocurrency in the online gambling sector has been nothing short of revolutionary....
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An all out effort – Indonesia stage war against online gambling epidemic in country
JAKARTA (Jakarta Post/ANN): A boy and his older brother stole motorbikes in East Java, an elderly man broke into a shoe store and stole shoes in West Sumatra, a village head embezzled his village fund in Central Java and a soldier committed suicide by hanging himself in West Java. All reportedly because of online gambling...
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 "High taxes pushing people to illegal online gambling as it looks at 30% growth: CSK study")
High taxes pushing people to illegal online gambling as it looks at 30% growth: CSK study
The illegal betting market in India receives an estimated $100 billion annually in deposits, despite regulations by the government. The illegal betting market grew by 7% CAGR from 2012 to 2018, and is set to grow by 30% this year read more High taxes and inadequate legal frameworks are pushing people towards illegal online gambling,...
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Gambling on the presidential debate gains popularity
As astonishing as it may sound to some, gambling on the presidential debate in the United States appeared to be gaining significant popularity thanks to the growth of online gambling platforms that allow betting on a plethora of topics. The site BetUS laid out a number of different odds on the debate including on viewership,...
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MGCB’s try at examining legal vs. illegal activity causing consternation
A new six-page, six-question attestation form issued by the Michigan Gaming Control Board in late April has left some licensed iGaming and sports betting suppliers in a lurch, unsure how to respond to the open-ended inquiry that the board itself has revealed is more about “information gathering” at this point. The “Illegal Gaming Attestation Internet Game Content...
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Three online gambling dens raided in Cheras
KUALA LUMPUR: Three raids on online gambling dens within Cheras led to the arrest of three suspected bookies. Cheras OCPD Asst Comm Ravindar Singh Sarban Singh said that the raids were conducted on June 24 and June 26 in Jalan Lima Chan Sow Lin and Jalan Jejaka 7. “The first raid led to the arrest...
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Anti-Money Laundering Agency PPATK Detects 7,000 Gambling Transactions Linked to House Members
Jakarta. The Financial Transaction Reports and Analysis Center (PPATK) has detected over 7,000 transactions on gambling websites involving members of the House of Representatives and employees of the House Secretariat. Gambling is a crime under Indonesian law, punishable by up to six years’ imprisonment. PPATK Chairman Ivan Yustiavandana said on Wednesday that data about these...
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INDONESIA TO PROBE 1,000 LEGISLATIVE MEMBERS FOR ALLEGED ONLINE GAMBLING
JAKARTA, June 27 (Bernama) — Indonesia’s House of Representatives (DPR) is conducting an investigation into allegations involving over 1,000 members of the DPR, Regional Representative Council (DPRD), and their respective general secretariats for their alleged involvement in online gambling activities. Commission III chairman Bambang Wuryanto stated during a session at the Parliament complex here on...
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Aposta Ganha CCO: Regulated firms could make up 80% of Brazil online gambling
Hugo Baungartner, chief commercial officer for Brazilian online operator Grupo Aposta Ganha said he expects Brazil’s online gambling market to be 80% regulated once it is up and running in 2025. Speaking during the latest episode of iGaming Business’ ‘World Series of Politics’ podcast, Baungartner told hosts Brendt Idan and Brendan Bussman, “We know that...