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Tag Archives: ReadWrite
Google announces expansion of offline gambling restriction ads across 35 countries
Google has recently announced an expansion of its Gambling and Games policy on Wednesday (November 19). It comes only weeks after the tech giant changed how it classified sweepstakes casino games, which are no longer considered social games. As a … Continue reading
Three mobile game companies warned by UK regulator for misleading lootboxes ads
The British Advertising Standards Authority (ASA) has taken action against Hutch Games Ltd (F1 Clash), Kabam Games Inc (Marvel Contest of Champions) and Nexters Global Ltd’s (Hero Wars: Alliance RPG) products for misleading disclosures over lootboxes. The three rulings contained … Continue reading
Pennsylvania Gaming Control Board announces casino plans at Happy Valley
The Pennsylvania Gaming Control Board have announced via X that they have officially approved Happy Valley Casino’s plans for slot machines and table games within the property. Exterior sitework at the casino will be completed on Friday (November 21), while … Continue reading
UK unveils first Men’s Health Strategy targeting gambling harm nationwide impact
The UK government has unveiled a maiden Men’s Health Strategy in England, placing a sharper focus on the growing impact of gambling-related harm as men and boys throughout the country will benefit from support and tailored healthcare. Launched on International … Continue reading
Polymarket CEO Coplan blasts sportsbooks as “scam”
Polymarket CEO Shane Coplan has branded traditional sportsbooks as a “scam” at a recent media event. Speaking at Axios Live with Dan Primack, the business editor of Axios’s newsletter and a former Fortune journalist, Coplan discussed the legality of prediction … Continue reading
CFTC nominee Selig dodges senators’ grilling, keeping sports prediction markets in legal limbo
During a tense Senate Agriculture Committee hearing on Wednesday (November 19), Michael Selig, President Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC), repeatedly avoided taking a clear stance on sports-related prediction markets. Lawmakers from both sides pressed … Continue reading
Hong Kong Police smash $141 million Triad gambling network
Hong Kong Police have stated that an orchestrated takedown of a HK$1.1 billion ($141 million) Triad gambling network has been carried out. The police issued a video conference around the bust, confirming that ten men and five women were apprehended … Continue reading
US and Mexico sanction Hysa group for allegedly running Sinaloa Cartel-linked casino operations
The Hysa Organized Crime Group (HOCG), also known as the Albanian Mafia, has been accused of operating casinos on behalf of the Sinaloa Cartel. The news comes from a joint action with the United States Treasury and the Government of … Continue reading
Illinois’ per-bet tax triggers sharp wagering decline, intensifying industry concerns
The per-bet tax installed on betting companies in Illinois is showing signs of real impact on the betting market. The Illinois Gaming Board has released statistics showing that wagering decreased by 15% in September compared to the previous month, and … Continue reading
Global revenue in the gambling market ‘expected to reach $500B by 2030,’ data suggests
Global revenue in the gambling market is expected to surpass $500 billion by 2030, according to data analyzed by Statista. The total gambling market comprises wagering activities such as sports betting, casinos and lottery games, all either online or in … Continue reading