“Popular feature under fire”: Ksa intervenes in betting
The popular feature among online bookmakers, “early payout”, is under fire.
The popular feature among online bookmakers, “early payout”, is under fire.
A rap on the knuckles for Rouand YT 2, a well-known online influencer.
Anger and concern are mounting in Finland. Major gambling companies such as Wildz Group and SkillOnNet are reacting sharply to the government’s new plans.
Something special is happening at Betano! Alongside its impressive game selection and reliable gambling experience, Betano is now introducing a Happy Hour promotion, every Tuesday from 18:00 to 20:00 until the end of March: exclusive to players playing live at the Pragmatic Live Casino.
What started as a handy extra feature is now officially banned.
The surge of gambling advertising on social media is sparking debate worldwide.
A new wind is blowing through the Irish gambling market. The government is taking a big step and giving the regulator real power. From 5 February, the Gambling Regulatory Authority of Ireland (GRAI) will be officially authorised to issue licences to gambling companies.
Amid a significant global rise in suspicious sports betting, Belgium is conspicuously absent from the new annual report by the International Betting Integrity Association (IBIA).
The figures do not lie. Two-thirds of online gambling traffic in Belgium ends up with unlicensed providers.
It once seemed like a smart move. Start a company in Curaçao, arrange a gambling licence, open a bank account in Cyprus, and you were good to go. But those days are over. Anyone still operating this way is not only taking a risk. They will soon be out of the game.
In Austria, a gambler lost his case after spending tens of thousands of euros on loot boxes. The judge clearly stated that this was not gambling. At the same time, anger is rising in Belgium, where Meta is massively promoting these same loot boxes among young people.
It started with small wins. Then everything went faster. Gambling a little every day and thinking you’re being smart. Until you lose everything.
The British gambling sector is facing another significant intervention. The government is considering increasing license fees for gambling operators by 30%. The goal is not to generate profit, but to fund the battle against illegal gambling.
A hidden economy of more than €80 billion. That is the estimate of what circulates annually in illegal online gambling within Europe. For the first time, regulators from Belgium, France, Germany, Spain and Britain, among others, are jointly sounding the alarm.
The contrast could hardly be greater. While Tipico proudly announced that it has joined the European Gaming and Betting Association (EGBA), in Germany the lawsuits are piling up. More than six thousand players are claiming money back, and criticism of the gambling company is growing.
The tone has been set in The Hague, the Netherlands. While Belgium is openly investigating and tightening ties between politics and the gambling industry, the Netherlands is lagging behind. MP Mirjam Bikker received zero response when she asked for a plenary debate on contacts between the government and the gambling sector.