Brazil Betting Companies Use Brasileirão Matches to Protest Online Betting Ban
TLDR Licensed betting companies used ad boards at two Brasileirão Serie A games to protest Brazil’s new ban on regulated betting. The protest […]
Grand Korea Leisure Casino Revenue Climbs 7.2% to $27.7 Million in September
TLDR Grand Korea Leisure reported September casino revenue of KRW 37.3 billion, about US$27.7 million. Revenue rose 7.2% from a year earlier and […]
Paradise Co Casino Revenue Reaches Record US$200 Million in Third Quarter
TLDR Paradise Co reported September casino revenue of KRW86.7 billion, or US$64.5 million, up 38.2% year-on-year. September revenue fell 16.8% from August’s all-time […]
Police Arrest 14 in CALABARZON Illegal Gambling Operations
TLDR Police Regional Office 4A arrested 14 people in 11 anti-illegal gambling operations across CALABARZON. The operations took place in Cavite, Laguna, and […]
Meta Taken to Court as Dutch Group Says 90% of Facebook Gambling Ads Were Illegal
TLDR Dutch gambling trade group VNLOK has taken Meta to court in Amsterdam. VNLOK says Meta is failing its duties under the EU […]
Loyola University Chicago Launches Course on Sports Betting and Prediction Markets
TLDR Loyola University Chicago offers an undergraduate course on sports betting and prediction markets. The class covers the business, regulation and ethics of […]
Kalshi Faces Scrutiny After Self-Excluded Bettor Loses $25,000 on Bitcoin Contracts
TLDR A self-excluded Pennsylvania bettor lost more than $25,000 trading on Kalshi. He had gone bankrupt in 2023 after building up about $75,000 […]
Turkish Football Federation Refers 448 Club Officials Over Betting Probe
TLDR Turkey’s Football Federation referred 448 club officials to its disciplinary committee over betting. Trabzonspor’s president and Besiktas’s vice president are on the […]
Fanatics Faces Lottery Claims as Card Break Lawsuits Grow in California
TLDR A California whistleblower suit claims card breaks on Fanatics Live and Whatnot are unlicensed lotteries. The suit includes 18 plaintiffs in at […]
Galaxy Research Finds 69% of Polymarket Retail Traders Lose Money
TLDR Galaxy Research studied 2.9 million retail Polymarket accounts and found 69.2% finished below break-even. Retail accounts lost a combined $338.9 million, while […]