Tag Archives: ReadWrite

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

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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

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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

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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

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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

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Examining NETGEAR’s Orbi 770, a Top-Performing Tri-Band Mesh Wifi 7 System

WiFi systems are constantly undergoing development in an effort to improve performance, coverage, and network stability. Some of the latest advancements in WiFi technology include WiFi 7 and 6Ghz bands, both of which can be found in the NETGEAR Orbi … Continue reading

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GGL warns against participating in Spanish Christmas lottery from Germany

The Germany gambling regulator, known as Gemeinsame Glücksspielbehörde der Länder (GGL), has warned residents against participating in Spanish Christmas lottery ‘El Gordo.’ This relates to Spain’s Christmas lottery draw which is a major state-run lottery event that reached €2.71 billion … Continue reading

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Agreement signed: Bally’s Colorado casino workers able to join Teamsters union

A neutrality agreement has been signed by the International Brotherhood of Teamsters and Bally’s Black Hawk, guaranteeing “a fair and direct path” to union representation. The International Brotherhood of Teamsters is one of the largest unions in Northern America, with … Continue reading

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Playtech expands partnership with SkillOnNet to secure exclusive bingo deal

Playtech have recently announced an expansion with long-term partners SkillOnNet to become the exclusive bingo provider for the operator in both the UK and Mexico. A new brand called Zingo Bingo will be launched, while flagship names such as PlayOjo … Continue reading

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Connecticut warns of DraftKings scheme leading to arrests in growing fraud

The Department of Consumer Protection Gaming Division in Connecticut has issued a warning to the public regarding an emerging scheme connected to DraftKings. According to officials, the scheme targets gaming operators and “promises a big payoff but could result in … Continue reading

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