Author: newsnet5

UNAD Demands Comprehensive Gambling Advertisement Ban Spain’s Network for Addiction Care (UNAD) has once again called for a full prohibition of all gambling and betting advertisements. The organization emphasizes that promoting gambling contradicts public health goals and prevention strategies aimed at protecting individuals from addiction. Concerns Raised by UNAD Leadership Luciano Poyato, president of UNAD, […]

Betsson’s Removal from the Finnish Payment Blocking List Swedish gambling operator Betsson has recently been taken off Finland’s payment blocking list as of October 24. This marks the end of a difficult year for the company, which faced intense regulatory scrutiny and legal disputes in the Finnish market. Following impressive third-quarter financial results, Betsson is […]

Mexico Moves Closer to Raising Gambling Taxes Significantly Mexico’s Senate Committee on Legislative Studies has given the green light to the 2026 Miscellaneous Fiscal Package. This fiscal plan includes a substantial increase in taxes applied to betting and gaming operations, signaling progress toward implementing President Claudia Sheinbaum’s economic strategy for 2026. The proposed change entails […]

Overview of Q3 Financial Performance MGM Resorts International reported earnings for the third quarter of 2025 that fell short of Wall Street predictions. The company’s results were negatively impacted by weak performance on the Las Vegas Strip alongside one-time expenses related to its exit from the Empire City project. Following the earnings announcement, MGM’s stock […]

UK Gambling Commission Suspends Spribe’s Operating License The United Kingdom Gambling Commission (UKGC) has announced the immediate suspension of Spribe OÜ’s operating license, citing violations related to hosting regulations. This regulatory action highlights the UKGC’s enforcement of compliance within the gambling industry. Reasons Behind the Suspension Spribe, which obtained its UK gambling license in 2020, […]

Jumbo Interactive Enters the US Market Australian digital lottery specialist Jumbo Interactive has announced the completion of its AUD 55.4 million (approximately $36.3 million) acquisition of Dream Giveaway, a prominent US prize draw company. This strategic move marks Jumbo’s entry into the American lottery market, tapping into the increasing interest in lottery offerings across the […]

The Persistent Challenge of Match-Fixing Match-fixing has long been a critical issue affecting both the world of sports and sports betting. The lure of quick financial gain has proven that even the most committed athletes can be vulnerable, making the effort to combat fraudulent activities a continual struggle. Fortunately, advancements in technology are providing new […]

New Tax Policy for Online Gambling in New Zealand New Zealand has announced an increase in the tax rate applied to offshore online gambling operators, raising it to 16%. This adjustment, confirmed by Minister of Internal Affairs Brooke van Velden, aims to generate new sources of funding for local communities throughout the country. Establishing a […]

Introduction to GambleAware’s Concerns GambleAware, a prominent UK charity focused on gambling awareness and harm prevention, has released a detailed report evaluating the effectiveness of Britain’s current online gambling regulations. Their findings indicate that the existing regulatory framework is outdated in parts and needs modernization to better protect children from exposure to gambling content on […]

Background of the Fine The Netherlands Gambling Authority (KSA), the independent regulator overseeing the gambling industry in the country, has fined BetCity €2.65 million (approximately $3.07 million) due to the operator’s failure to adequately protect young gamblers from gambling-related harm. Investigation and Findings The decision came after an extensive investigation conducted between October 2021 and […]