Tag: gambling

New Jersey governor Phil Murphy has plans to spend $58.1 billion this year and he wants to finance some of that by raising sports betting and igaming taxes among other levies. The proposal, which Murphy shared on Tuesday (25 February), is the latest gambling and sports betting tax increase proposed in the US in the

Gambling revenue in Pennsylvania increased 10.9% year-on-year during January despite the state’s sports betting market reporting further declines. Total market revenue in January amounted to $529.1 million (£417.8 million/€504.7 million). This, according to figures published yesterday (20 February) by the Pennsylvania Gaming Control Board, surpasses $477.2 million in January 2024. This total does, however, fall

PUBLISHED ON March 14, 2025 3:57 AM By Hoon Jeng Jee A suspected leader of a local crime group, who was on the run for four years, was arrested in Malaysia, the police said on Thursday (March 13). The man, now 66, was among the 19 people arrested during a police raid in 2018 for their suspected

In a two-week operation, Hong Kong police have arrested 122 individuals linked to illegal gambling and entertainment activities in Yuen Long. The operation, which concluded on 10 April, led to the closure of three underground gambling dens, three unlicensed bars, and a drug den. Those arrested range in age from 14 to 67 and include

The UK Gambling Commission (UKGC) is facing legal action for allegedly failing to adequately regulate Flutter Entertainment subsidiary Betfair following the tragic death of Luke Ashton, a problem gambler whose case exposed serious regulatory concerns. A 2023 inquiry concluded that Ashton died due to a gambling disorder, and evidence revealed he spent whole days gambling

Despite being a crucial part of the gambling equation, RTP isn’t well-defined by casino operators, developers, or regulators. In fact, I’ve spoken to hundreds of gamblers over the last decade or so, and very few can tell me what RTP means in casino gaming.  I don’t want you to be one of those players...

At GambleAware’s annual conference, Baroness Twycross spoke about her primary concerns regarding football and stated she is working with the UK Gambling Commission and industry stakeholders to collect more evidence on their “prevalence and impact.” During the last week, BC.Game ceased its UK operations, with doubting on its sponsorship deal with the Premier League club.

Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and their perceived “value is nothing but make-believe."