South Korea launches first probe into local Polymarket users
It is understood to be the first probe of its kind in South Korea and covers individuals who placed bets with Polymarket nationwide.
It is understood to be the first probe of its kind in South Korea and covers individuals who placed bets with Polymarket nationwide.
The request focuses on child protection measures at two major public events where betting brands are expected to be visible.
The dispute centres on an SII decision allowing online gambling platforms to pay digital VAT, which critics say grants de facto recognition to unlicensed operators.
Turkish authorities identified approximately TL 193.37bn ($4.2bn) in transaction volumes linked to suspected illegal gambling activity.
Analysts cite rising operating costs, higher marketing expenses and reduced local visitor gambling spend as key factors behind declining profitability.
With the World Cup on the horizon, a University of Hohenheim study warns that sports betting advertising is now deeply rooted in professional football broadcasts.
Spelinspektionen has launched a review of four licensed operators, Blue Star Planet, Hillside Europe, Kaprifol Services and Roar Vegas, to assess technical certification compliance and fraud prevention controls.
South Korean casino operator Grand Korea Leisure recorded strong year-on-year growth in May, with gains across both table and machine gaming contributing to higher revenues at its foreigner-only Seven Luck casinos.
Spain’s gambling regulator, the DGOJ, convened the latest CONFAD plenary meeting to strengthen cooperation against sports competition manipulation and betting-related fraud.
The Dutch regulator said market stagnation, illegal advertising and player protection failings are weakening the case for regulated gambling.