Author: newsnet5

Penn Ends Ambitious ESPN Bet Sportsbook Collaboration Penn Entertainment has decided to terminate its 10-year, $1.5 billion partnership with ESPN, ending the ESPN Bet sportsbook venture that was launched just over two years ago. This announcement came during Penn’s latest quarterly earnings call and marks the conclusion of a bold but ultimately unsuccessful attempt to […]

Arrest of Seven Suspects in Large-Scale Illegal Gambling Scheme The Incheon Metropolitan Police Agency in South Korea has successfully apprehended seven individuals implicated in managing a significant illegal gambling ring. The suspects allegedly employed a counterfeit home trading system (HTS) to simulate foreign futures trading, deceiving participants and bypassing legal regulations. Details of the Operation […]

Large-Scale Illegal Gambling Network Uncovered by South Korean Police South Korea’s Gangwon Provincial Police Agency’s Criminal Investigation Unit has apprehended 14 individuals involved in a huge illegal gambling operation. This syndicate is believed to have conducted transactions exceeding KRW 5.3 trillion (approximately $3.8 billion) through online casino platforms linked to operations based in the Philippines. […]

Introduction to the New Safer Gambling Week Website The European Gaming and Betting Association (EGBA) has unveiled its new website dedicated to European Safer Gambling Week. This site serves as a central resource, offering helpful materials for players, a schedule of upcoming events, and practical advice aimed at promoting responsible gambling practices. Overview of European […]

Introducing Kieren Lovell as Pragmatic Solutions’ Chief Information Security Officer Pragmatic Solutions, a specialist in player account management platforms, has strengthened its leadership team by appointing Kieren Lovell as its new Chief Information Security Officer (CISO). A Seasoned Expert in Cybersecurity On November 5, Pragmatic Solutions announced Lovell’s addition, highlighting it as a crucial move […]

Transition at the Helm of GCGRA The General Commercial Gaming Regulatory Authority (GCGRA) of the United Arab Emirates recently announced a significant change in its leadership following the immediate resignation of its CEO. Kevin Mullally’s Departure and Legacy Kevin Mullally, a foundational figure in establishing the GCGRA, has officially stepped down from his role as […]

Swedish Gambling Authority Takes Action Against CGG Entertainment The Swedish Gambling Authority, known as Spelinspektionen, has officially prohibited CGG Entertainment Ltd from offering gambling services in Sweden. This decision follows the discovery that the company was operating without the necessary license. CGG Entertainment Offered Mystery Box Games to Swedish Users On November 5, Spelinspektionen announced […]

Strong Revenue Growth in Q3 Sportradar Group has released its third-quarter financial results, showcasing a substantial increase in revenue driven mainly by its solid presence in the United States market. The company reported total revenue of EUR 293 million (approximately $338 million), marking a 14% rise compared to the same period last year. Detailed Breakdown […]

Thailand’s Firm Stance Against Casino Resorts Thailand has consistently maintained a strict approach against the establishment of casino resorts within its borders. This determination has recently extended to scrutinizing well-known events suspected of connections to illegal online gambling operations. Investigation into Miss Universe 2025 for Online Casino Promotion The upcoming Miss Universe 2025 pageant in […]

Florida Judge Dismisses Lawsuit Over Seminole Tribe Gambling Deal A Florida circuit court judge has dismissed a lawsuit aimed at invalidating the state’s sports betting agreement with the Seminole Tribe. The judge ruled that the plaintiff did not have the legal right to bring the case forward. This decision reinforces the validity of the 2021 […]