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Top African Countries with the Biggest Gambling Markets
The global gambling industry has an estimated value of over $500 billion and grows continuously due to technological advances. Online gambling operations helped land-based revenues, with the United States and the United Kingdom leading the way. In addition, top...
Codere Finalized Its Global Recapitalization, Reduced Debt by $1 Billion
Codere finalized its global recapitalization procedure and announced that it had reduced its debt from $1.52 to $207 million. In addition, the Spain-based operator aimed to change its capital structure. The company started in 1980 and pioneered retail sports betting...
Jennifer Tilly Exits High Stakes Poker After Losing Huge Pot
It is the tenth episode of High Stakes Poker Season 13 on PokerGO, and it started with Justin Gavri winning two straight six-figure pots. However, the excitement doesn’t stop there. The other players at the table matched Gavri’s winnings with huge pots of their own....
The Latest Gambling News Coverage and Headlines from around the World
Restrictions Imposed on Brazilian Gambling Industry Payments
The government announced plans to restrict Brazilian gambling industry payments as part of a broader effort to regulate the sector. However, lawmakers are still deciding on specific regulations. The Ministry of Finance scheduled discussions with legal sportsbook operators regarding payment restrictions. Executive...
Short-Term Solutions for Fantasy Baseball Lineup Problems
There are only a couple of days left before the All-Star break. Thus, many fantasy baseball managers seek short-term solutions for their rosters. This weekend is the perfect time to monitor waiver wire moves. Also, this weekend’s games feature starting pitchers...
Kambi Group Appoints Werner Becher as the New CEO
Things are moving in the sports betting software industry as the Kambi Group Appoints Werner Becher as the New CEO. According to a Kambi Group PLC press release, Becher will start as the new Chief Executive Officer starting July 25, 2024. The date was chosen as it...
States that Earn the Most from US Lottery Ticket Sales
Earlier this year, a man from Oregon won the fourth biggest Powerball jackpot worth $1.3 billion. Cheng Saephan divided the prize with his wife and friend. Thus, he took home $422 million. However, there are bigger winners than Charlie. State governments are the real...