Tag Archives: ReadWrite

Robinhood has launched a new custom sports betting offering called “Custom Combos,” which allows multiple selections to be added to a single fixed-odds contract. The terminology of the custom contract is a noticeable move away from the traditional term “parlay” … Continue reading →

Twenty-seven US states have backed tribal appellants in a federal gambling law case against Kalshi that could help define the future trajectory of gambling regulation across the United States. As market analysts and investors continue to pour capital into the … Continue reading →

Finland is seeing major change take place in its gambling market, as a government-issued press release states “Veikkaus Oy’s monopoly on running gambling games will end.” This comes as the country has agreed upon a new Gambling Act which will … Continue reading →

The German-based sports betting and online gambling operator Tipico has been welcomed into the European Gaming and Betting Association (EGBA), as it becomes its newest member. The EGBA group is a Brussels-based trade association which aims to represent online gambling … Continue reading →

The United Kingdom’s Gambling Commission has received a decision involving a protracted court case brought by some of the nation’s biggest former gambling bosses. The civil case centred on legal action brought by the former heads of Ladbrokes and Coral, … Continue reading →

The executive director of the UK-based Gambling Commission has warned of concerns about the illegal market, stating that people who have visited Meta platforms “will more than likely have seen ads appearing in your feed for illegal online casinos.” Tim … Continue reading →

A former senior UK National Health Service (NHS) manager has been sentenced for syphoning £123,000 ($166,000) in funds for personal use, including gambling. According to the Crown Prosecution Service (CPS), the man, Alec Gandy, pleaded guilty to abuse of position … Continue reading →

The market research company Ipsos has looked into how Americans actually feel about the prevalence of sports betting, with nearly half believing that sports betting lessens the integrity of the game. According to the company, Americans have become increasingly concerned … Continue reading →

The Internal Revenue Service (IRS) has issued a draft update to gambling tax reporting, and a review of the details reveals several noteworthy changes for operators, such as the threshold. This administrative guidance is the first of its kind for … Continue reading →

Florida’s Lee County Sheriff’s Office has confirmed that two active investigations are underway at gambling arcades. The Lee County Sheriff’s Office took to Facebook on January 15 to confirm that two active investigations are being carried out against two gambling … Continue reading →