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Tag Archives: ReadWrite
Kambi becomes Glitnor Group’s new sportsbook provider
Kambi, a sports betting solution provider, has announced it’ll join forces with Glitnor Group. The group runs Happy, Lucky, Flax, and Vera&John, which will now switch over to Kambi’s Turnkey Sportsbook technology. This particular method of providing sportsbooks to operators … Continue reading
India’s ED busts new $169M gambling ring linked to politician K C Veerendra
A gambling ring based in India has been busted by the Directorate of Enforcement (ED), the country’s economic intelligence agency. The results saw law enforcement recover valuables, particularly gold. It stems from an ongoing investigation into politician, K C Veerendra, … Continue reading
COVID loans fraudster sentenced for using funds on gambling and crypto
The director of a glazing company has received a sentence for defrauding the UK government by misappropriating COVID relief loans to fund gambling and crypto investments. Haralambos Ioannou, the 49-year-old in question, was found to have used his company, Opti-Bond … Continue reading
Nevada files motion for key CFTC and Kalshi documents
Nevada regulators have submitted a request, known as a motion to compel discovery, from predictions market Kalshi to disclose key information relating to its federally approved business. The news comes as a wider tightening of legal knots is coming into … Continue reading
Bally’s completes $3 billion merger deal with Intralot
Bally’s Corporation (Bally’s) has completed a €2.7 billion ($3 billion) deal with Intralot S.A. (Intralot) to transfer a majority share of holdings in the company. A key part of the partnership for Bally’s is a 58% stake in the Greek … Continue reading
Brazil’s Congress blocks plan for retrospective gambling tax, but further attempt expected
Brazil’s Chamber of Deputies has reneged on a proposal for gambling operators to be subject to a retrospective 10-year tax, after Congress blocked the bill. The update came on Wednesday (October 8), after an amended version of PM 1303 was … Continue reading
Minnesota regulator issues warning on pull-tab machine burglaries
The Minnesota Gambling Control Board and the Department of Public Safety have issued a warning following a spate of burglaries targeting pull-tab dispensing machines. The authorities have advised organizations and retailers to be on alert, noting the increased illicit activity … Continue reading
Betfair appeal case could disrupt online gambling after £1.5 million losses
Lee Gibson, a multimillionaire “problem gambler” who lost almost £1.5 million ($2 million) on soccer bets, is trying to overturn a High Court ruling after pursuing Betfair for allowing him to gamble, in a landmark case that could change online … Continue reading
WSOPE 2026 heads to Prague for first time next spring
The World Series of Poker Europe (WSOPE) has announced that its 2026 event will take place in Prague, Czech Republic, for the very first time. The festival will run from March 31 to April 12, 2026, at the Hilton Prague. … Continue reading
Canada gambling ad bill gets thumbs up from Senate
Canada has made one step towards curbing the prevalence of sports betting adverts in the country. A Senate committee has cleared a bill that would put federal restrictions on the commercials, which it managed to do in 45 seconds and … Continue reading