October 11, 2024

Mining Firm Sues Wynn Resorts Over $3.8M in Gambling Losses

What happens when a Canadian mining firm discovers its loans were used to fuel fraudulent gambling at a renowned Las Vegas casino? This is the crux of a recent lawsuit filed by James Bay Resources Ltd. against Wynn Resorts, accusing the casino giant of negligence and unjust enrichment. At the heart of the issue is […]

October 11, 2024

Philippines Police Arrest POGO ‘Godfather’ Lyu Dong

The Philippines’ POGO industry has long been a focal point for law enforcement, but recent developments signal the government’s firm stance against illegal gambling operations. In a major victory, authorities have arrested Lyu Dong, the so-called ‘Godfather’ of POGOs, believed to be the mastermind behind numerous offshore gambling hubs linked to crime. This high-profile arrest […]

October 11, 2024

OKTO Partners with Octavian Lab to Launch Payment Solutions

Are you ready for a revolution in iGaming payment solutions? Leading provider OKTO has partnered with Octavian Lab, a top online gaming platform provider in Italy, to launch OKTO.WALLET—a compliant, secure, and seamless payment solution tailored for the evolving Italian gaming market. As Italy prepares for new regulatory standards, this innovative solution ensures operators and […]

October 11, 2024

Acquisition of Fantasma Games Approved by Shareholders

Exciting news in the iGaming industry! EveryMatrix has secured a major victory by gaining over 95% shareholder approval for its SEK 209.8m (€18.5m) bid to acquire Fantasma Games. This strategic acquisition aims to strengthen EveryMatrix’s gaming portfolio and expand its presence in key markets like North America. Curious to see how this acquisition will impact […]

October 11, 2024

Brazil to Block 2,000 Unauthorised Gambling Sites

Is Brazil on the verge of reshaping its gambling market? Over 2,000 unauthorised gambling websites will be blocked from operating in Brazil starting today, as part of the government’s crackdown on illegal gambling ahead of the 2025 market regulation. The Ministry of Finance’s Prizes and Betting Secretariat (SPA) is leading this initiative, sending a clear […]

October 11, 2024

BGC Welcomes Poppy Gustafsson as UK Minister for Investment, Emphasizing Gaming Sector’s Economic Impact

Excited about the future of UK investment? The Betting and Gaming Council (BGC) has just welcomed the appointment of Poppy Gustafsson, the new UK Minister for Investment. With her vast experience in business and technology, Gustafsson is set to attract significant global investment, particularly ahead of the highly anticipated International Investment Summit. Curious about how […]

October 11, 2024

VNLOK and NOGA Raise Concerns Over Illegal Gambling

Is illegal gambling on the rise in the Netherlands? Recent findings suggest that despite efforts to channel players towards licensed providers, the amount of money spent on illegal gambling platforms is increasing. Leading trade associations VNLOK and NOGA have voiced concerns following the Dutch Gambling Authority’s (KSA) latest monitoring report, which revealed worrying trends. With […]

October 11, 2024

VGW Faces 11th Federal Lawsuit in Mississippi

Are sweepstakes casinos pushing legal boundaries? VGW, a major player in the online sweepstakes casino world, faces its 11th federal lawsuit, this time in Mississippi. Plaintiff Makayla Darrielle Saulny accuses VGW of running illegal gambling operations in the state, claiming that players should be repaid for losses incurred on the platform. With VGW’s business model […]

October 11, 2024

DSWV Refutes Match-Fixing Claims

Worried about the growing threat of match-fixing in Germany? Despite recent allegations, the German Sports Betting Association (DSWV) has found no direct evidence of match manipulation in amateur football. Yet, the real concern lies in the unregulated black market, where oversight is weak, and illegal betting thrives. As dark web betting platforms become increasingly accessible, […]

October 11, 2024

BetConstruct Secures Romanian B2C Licence

Looking for new and secure opportunities in the Romanian gambling market? BetConstruct, a global leader in gaming technology, has achieved a major milestone by obtaining the Romanian Remote Gambling B2C Licence. This license, granted by Romania’s National Gambling Office (ONJN), allows BetConstruct to offer its renowned casino and fixed-odds betting services to Romanian players under […]