Polymarket, a leading prediction market platform, has suspended French users amidst an ongoing regulatory investigation by the Autorité Nationale des Jeux (ANJ). The probe was sparked by reports of a French trader’s $85M bet on Donald Trump’s US presidential election victory. As regulatory scrutiny intensifies, Polymarket seeks to clarify its position in France while navigating […]
Bet-at-home, a prominent European gambling operator, is reportedly seeking a buyer amidst significant legal and regulatory challenges. Despite these setbacks, the company posted impressive financial growth in 2024, fueled by major sports events and strategic marketing. A potential sale could reshape the German-focused gambling market, marking another major shift after Playtech’s Happybet announcement. Learn more […]
BlueBet Exits US Market to Refocus on Expanding Dominance in Australian Betting Industry In a strategic pivot, BlueBet has announced its decision to exit the US market to concentrate on expanding its operations in Australia. The company cites slow regulatory progress and challenging market dynamics in the US as key reasons for this shift. By […]
Conflicting Views on Philippines’ POGO Ban: Revenue Losses and Regulatory Challenges The Philippines is facing a contentious debate over President Ferdinand Marcos’ POGO ban! While the ban aims to curb illegal activities, it raises concerns about significant revenue losses and regulatory difficulties. Understand the conflicting views from key stakeholders and the potential impact on the […]
Google Pauses Expansion of Real-Money Games on Play Store Due to Regulatory Challenges The gaming world is buzzing with unexpected news from Google! Google has hit a major roadblock in its plan to expand real-money gaming apps on the Play Store. Learn how regulatory challenges are affecting this ambitious initiative and what it means for […]
Navigating Challenging Waters: Svenska Spel Retains License Amid Profit Decline and Operational Shifts Endurance Amidst Adversity: Svenska Spel’s Strategic Resilience in Sweden’s Evolving Gambling Landscape – In the ever-turbulent waters of the gambling industry, Svenska Spel stands as a testament to resilience and strategic foresight. Despite facing a substantial 24.6% dip in net profits in […]
Slovakia’s Gambling Landscape: A Surge in Bets Amid Regulatory and Social Challenges In a striking revelation, Slovakia’s Gambling Regulation Office (ÚRHH) unveiled a significant uptick in betting activities within its regulated market, with stakes soaring to €21.4bn in 2023. This surge not only reflects the growing enthusiasm among Slovakian bettors but also underscores the pivotal […]
India’s Gaming Market Faces Turmoil Over 28% GST—A Critical Analysis In a decisive moment for India’s burgeoning online gaming market, the imposition of a 28% Goods and Services Tax (GST) has stirred widespread controversy, placing the industry at a pivotal juncture. This significant tax proposal has sparked heated debates among stakeholders, with industry pushback and […]
A New Era for BGC: Seeking Leadership to Shape the Future of UK Gambling The Betting and Gaming Council (BGC), the UK’s premier gambling industry advocacy group, has embarked on a pivotal search for a new Chief Executive. This move comes as Michael Dugher transitions from his role as CEO to become the Council’s Chairman […]
Brazil’s Booming Gambling Market: Navigating Opportunities and Challenges Brazil’s gambling market presents a unique fusion of opportunity and complexity, a vibrant landscape that demands careful navigation to reap its rewards. In this immersive exploration, Carla Dualib, Regional Business Development Manager at SOFTSWISS, sheds light on the intricacies of thriving in Brazil’s dynamic igaming space. With […]