Spreadex will sell Sporting Index following a ruling by the UK Competition and Markets Authority (CMA) to address monopoly concerns. The CMA deemed Spreadex’s acquisition of Sporting Index a threat to competition in the UK sports spread betting market. By divesting Sporting Index, Spreadex aims to resolve concerns, ensuring fair competition and better options for […]
Sporttrade Secures Virginia Sports Betting License, Prepares for October Launch Sporttrade is making waves in the U.S. sports betting landscape with its unique trading platform. As it secures a sports betting license in Virginia, the company sets its sights on a lucrative market, gearing up for an October launch. With a strategic approach and innovative […]
US Treasury Department Unveils Startling Insights into Sports Betting and Money Laundering The recent National Money Laundering Risk Assessment by the US Treasury Department casts a spotlight on the burgeoning sports betting market, now evaluated at a staggering $109 billion. This comprehensive report underscores the increased susceptibility to money laundering activities within this sector. A […]
A Trailblazing Achievement in Peru’s Gaming Landscape In a groundbreaking development, BMM Testlabs (BMM), a global leader in gaming certification, has set a new precedent by becoming the first testing and certification laboratory accredited for Peru’s newly established online gaming and sports betting program. This pivotal approval was granted by Peru’s Ministry of Foreign Trade […]
A New Dawn for California Gambling In a move that could revolutionize the gambling landscape, California Secretary of State Shirley N. Weber has greenlit a pivotal gambling initiative. Spearheaded by proponent Ryan Tyler Walz, the initiative is set to legalize online and in-person sports wagering, alongside other new gambling forms, marking a significant shift in […]