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...
Tag: 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...
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Navigating market challenges: Greentube on sustainable slots growth in the Netherlands
The Dutch market has amassed a lot of attention over the last few years with its fair share of challenges since regulation. From a delayed introduction of the Remote Gambling Act to evolving compliance requirements, companies looking to enter the Netherlands must be prepared to navigate a myriad of complexities. But despite its challenges, Andy...
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Anti-Online Gambling Task Force Arrests Social Media Personalities
Jakarta. The newly launched Task Force against Online Gambling has arrested at least seven social media personalities for endorsing gambling on their Instagram accounts, a senior official said on Tuesday. The suspects include five individuals from Banten and two from Lampung, Chief Security Minister Hadi Tjahjanto announced at a news conference in Jakarta. Hadi declined...
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Indonesian influencers arrested, civil servants being targeted in country’s war against online gambling
JAKARTA: Indonesia’s war against online gambling has intensified, with the government warning that the problem runs rampant across the country’s civil service sectors even as it arrests social media influencers it alleges were promoting such activities. Coordinating Minister for Political, Legal, and Security Affairs Hadi Tjahjanto on Tuesday (Jun 25) said that those involved in...