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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...
Experts Urged Korean Government to Set Up a Gambling Regulator to Oversee Integrated Resorts
Tourism experts are asking the South Korean government to create a gambling regulator to supervise the country’s integrated resorts. They say this would ensure the industry’s sustainable growth. Panelists at a recent Korea Times Global Business Club event...
SI Sportsbook Exits the Colorado Sports Betting Market
Colorado has become the testing ground for alternative and small sportsbook operators. However, it faces a significant shift as another betting platform exits the Colorado sports betting market. According to bookie software experts, SI Sportsbook is the seventh...
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The Latest Gambling News Coverage and Headlines from around the World
New York Breaches $50 Billion in Mobile Sports Betting Handle
New York’s mobile sports betting handle reached $50 billion, as the state’s gaming regulator announced a historic week for the industry that ended last Sunday. According to the New York State Gaming Commission, players wagered $478 million for the week, the 12th out of 141 weeks for online betting that started in January...
A Closer Look at New Kazakh Gambling Legislation
Kazakhstan’s parliament introduced new Kazakh gambling legislation that would regulate the industry in the country. The proposal has been named a public health bill. It would increase the legal age for bettors to 25, the highest in the world, and ban civil servants...
Sports Betting Stocks Drop as Illinois Senate Passed Tax Rate Increase
The Illinois Senate’s approval of a state budget, which notably included a tax rate increase on sports betting firms, had a tangible effect on the market. Sports betting stocks, including Flutter and DraftKings, experienced a slight dip. This development, reported by...
Unusual Things You Can Bet On
Gambling Has been in existence for a very long time. In fact, archeologists believe that the earliest form of known gambling dates back to the Paleolithic period. Furthermore, the first six-sided dice dates back to about 3,000 BC in Mesopotamia. Furthermore, gambling...