Latest iGaming and regulatory news tagged Industry News.
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Major US banks have warned employees that they could face termination if they engage in prediction market trades related to finance and politics, according to unnamed insiders cited by news agencies. The report, initially published by Reuters and…
The role of VIP hosts in the sports betting industry has come under renewed scrutiny following an incident involving FanDuel and a personalized video message from Philadelphia Phillies star Bryce Harper sent to a customer with a known…
South Korea's political landscape has been rocked by accusations that the country's stock market has been transformed into a "gambling den," with the leader of the main opposition party directly blaming President Lee Jae-myung for the situation. People…
Michael Burry, the investor famously portrayed in the film The Big Short, has taken a bullish stance on two of America's leading sportsbook operators, Flutter and DraftKings. In a post on his Substack, Burry revealed that he has…
Macao's Judiciary Police have been conducting crime prevention workshops with the region's casino and integrated resort operators, with the latest session held at MGM Cotai in late June. The initiative, reported by the Japanese-language Macao-based newspaper Macau Shinbum,…
Two DraftKings traders have been implicated in a college basketball match-fixing scheme, according to reports. Matthew Martin and Samuel Silverman are alleged to have conspired with Fresno State players Mykell Robinson and Steven Vasquez to place wagers on…
A U.S. Army Special Forces soldier facing civil enforcement action from the Commodity Futures Trading Commission (CFTC) over his use of the prediction market platform Polymarket has moved to have the case dismissed. The soldier, whose identity has…
BOYLE Sports has opened its 400th betting shop at Galway Racecourse, marking a significant milestone for the Irish operator. Chief Executive Officer Vlad Kaltenieks confirmed that the company will continue to invest heavily in retail betting despite growing…
Entain, the global gambling giant, is reportedly divesting its operations in Poland and Croatia, a move that industry experts attribute not to underperformance in those markets but to the financial strain imposed by a recent UK tax hike.…
A South Korean court has sentenced a 28-year-old man to five years in prison for attempting to murder his mother in order to conceal his gambling debts. The man, who was addicted to sports betting, consulted an undisclosed…
