News

Senior Adviser Removed Over Gambling Tax Legislation Mistake A high-ranking adviser in Estonia’s parliament was dismissed after a significant error in drafting gambling tax legislation, which is projected to cause a substantial loss in state revenue. Estonia Faces €4 Million Revenue Loss Due to Tax Drafting Mistake The issue originated from a legislative oversight in […]

Legal Action Targets Valve Over Loot Box Practices A new lawsuit has been filed against Valve, accusing the company of implementing game mechanics that closely resemble gambling activities. The complaint, lodged in a federal court in Washington state, challenges Valve’s use of paid loot boxes featured in some of its most popular video games. Counter-Strike’s […]

Background of the Fraud Case at BetCity In the Netherlands, a court has ruled in favor of BetCity, a well-known gambling operator, in a case involving an employee who colluded with a player to commit fraud. Investigations revealed that the employee deliberately assisted the player to exploit the system and secure winnings unfairly. Employee’s Unauthorized […]

Overview of the Potential Acquisition Reports suggest that Bally’s Corporation is preparing to acquire Evoke plc outright, a move that reportedly has the backing of Evoke’s board. This acquisition could signal a significant shift in the European gambling industry landscape. Implications of Bally’s Interest in Evoke For Evoke, being bought by a single entity like […]

Introduction to the Merger Gambly, known for its AI-driven sports betting assistance, has combined efforts with Unabated, a leader in innovative bettor tools. This merger has given rise to a new entity named Gambly Ventures. Strategic Integration of Expertise The collaboration merges Gambly’s AI-powered betslip technology with Unabated’s diverse betting tools, aiming to enhance the […]

Kaizen Gaming’s Entry into Ghana Earlier this year, Kaizen Gaming launched its operations in Ghana, marking the country as its second market presence in Africa after Nigeria. The company is optimistic about its growth prospects in the region, viewing Ghana as a strategic opportunity for expansion. Why Ghana? Ghana is considered a well-established gaming market […]

Strong Financial Performance Through Incremental Growth In 2025, Allwyn demonstrated consistent progress by achieving a stable increase in its revenues. The company’s total revenue reached EUR 8.99 billion, representing a 4% growth compared to the previous year. Gross gaming revenue also saw a similar rise, closing at EUR 8.63 billion, while net revenue rose 4% […]

Evolution Suspends Dividend for 2025 Amid Changing Priorities Evolution has announced a significant change to its financial policy by opting to suspend dividend payments for the year 2025. This marks a departure from the company’s longstanding practice of distributing half of its annual profits to shareholders. The decision, made by the board, may indicate a […]

Background of the Incident Earlier this month, a viral story emerged about a TikTok user who was mistakenly credited with $8.7 million by a financial firm. She soon returned the funds, a choice she would later regret. In contrast, William Hill now faces a similar but more complicated situation after a technical fault erroneously credited […]

Meta Faces Ongoing Criticism for Illegal Gambling Ads Meta, the parent company of popular social media platforms, has come under heavy scrutiny from regulators and the media for allowing illegal gambling advertisements to circulate on its sites. Organizations like the UK Gambling Commission and investigative journalism outlets have repeatedly criticized Meta for being too lenient […]