News

Kalshi’s Rapid Valuation Growth Kalshi, a prominent prediction market platform, has recently attained a remarkable valuation of $11 billion after securing a significant $1 billion investment in its latest funding round. This milestone marks a substantial leap, more than doubling its value from $5 billion just two months prior. The recent round was led by […]

Spain Takes a Leading Role in European Gambling Oversight Spain has recently asserted itself as a key player in shaping gambling regulations across Europe. The nation hosted the International Gaming Congress, highlighting its ambitions and expanding influence within the European Union’s regulatory landscape. This event brought together senior officials, industry operators, academics, and experts from […]

Police Detain Five Indian Nationals in Pattaya Condominium Authorities in Thailand have detained five Indian men suspected of managing an illegal online gambling operation. The arrests followed a police raid at a condominium located in Pattaya, where the suspects were allegedly operating their scheme. Details of the Police Operation On Wednesday, immigration officers from Chon […]

xQc’s Plan to Navigate Twitch’s Gambling Restrictions Although Twitch has prohibited content related to gambling, the well-known streamer xQc is reportedly preparing to broadcast gambling content using another platform called Kick while still streaming on Twitch. This possibility arises due to an exemption given for the Counter-Strike StarLadder Budapest Major, a tournament that includes partners […]

Swedish Gambling Authority Raises Concern Over SkillOnNet The Swedish Gambling Authority, known as Spelinspektionen, recently issued a formal notice to SkillOnNet concerning its Prime Casino website. It was discovered that the version of the site accessible to users who were not logged in did not display vital responsible gaming (RG) icons as required by law. […]

Maryland Targets Unlicensed Sweepstakes Casinos The Maryland Lottery and Gaming Control Agency (MLGCA) has ramped up enforcement actions against unlicensed sweepstakes casinos, indicating the state’s firm commitment to regulating and limiting unauthorized gambling activities. This crackdown highlights Maryland’s intent to ensure that all gaming operations adhere closely to state laws. Cease-and-Desist Notices Issued to Sweepstakes […]

Introduction to Sweepmate in the UK Market UK sports enthusiasts now have a fresh new platform to explore with the arrival of Sweepmate. This innovative product merges sweepstakes contests with fantasy sports, creating a dynamic experience for fans of sports prediction games. Sweepmate enters the UK market aiming to fill the void created by DraftKings’ […]

Norwegian Gambling Authority Penalizes Norsk Rikstoto The Norwegian Gambling Authority, Lotteritilsynet, has imposed a financial penalty on Norsk Rikstoto for failing to enforce player loss limits. The regulator revealed that the horse racing operator allowed over 800 customers to exceed their set loss limits, violating Norway’s gambling regulations. Failure to Enforce Loss Limits Affects Hundreds […]

Strengthening Strategic Alliances Kitsune Studios and Hacksaw Gaming have announced plans to deepen their collaborative relationship. Kitsune Studios, known for its three live games and integration within Hacksaw Gaming’s OpenRGS platform, has recently sold a stake to Hacksaw Gaming. The financial terms of this transaction remain confidential, but it highlights Hacksaw Gaming’s confidence in Kitsune […]

Google Enforces Ban on Offline Gambling Ads in Multiple Countries Google has revised its gambling advertising policy to better align with the legal landscape in various countries. Under the updated rules, advertising for offline gambling activities is now prohibited in all jurisdictions where such promotions are illegal. List of Affected Countries Where Offline Gambling Ads […]