UK: Betfred to close 132 shops and cut 600 jobs amid rising taxes
The bookmaker attributed the closures to rising gambling taxes, higher operating costs and broader economic pressures.
The bookmaker attributed the closures to rising gambling taxes, higher operating costs and broader economic pressures.
State Governor and Attorney General argue Kalshi's prediction markets meet New York's legal definition of gambling because users wager on uncertain events that are beyond their control.
The fintech executive is the latest business leader to support a nationwide initiative against illegal youth gambling.
The British Horseracing Authority has commissioned an independent study to measure the economic contribution of horseracing in Wales, with the aim of supporting future engagement with policymakers and promoting the sport’s wider value.
Tsogo Sun has agreed to sell its Goldfields Casino in Welkom, highlighting the growing pressure on smaller land-based casinos as betting, particularly online sports betting, captures an increasing share of South Africa's gambling revenue.
Overall revenues reached JP¥129.5bn, largely driven by a strong digital entertainment sector performance.
Regulator faces fresh scrutiny as Deputy Director Ana-Maria Badea has been detained in a bribery investigation, with prosecutors alleging that payments were made to influence licensing and regulatory decisions.
Authorities say the group extorted at least HK$1.4m from gamblers and suspected offenders.
Ireland's Gambling Regulatory Authority (GRAI) has opened a public consultation on three sets of draft regulations covering licensed games, operator record-keeping and consumer information requirements under the Gambling Regulation Act 2024.
Ontario's iGaming revenue climbs 30% for June as H1 revenue reaches CA$1.86bn, up 30% year-on-year.