European cryptocurrency gambling is rapidly rising, with Spain becoming one of the most focused markets. By 2024, Spain's total gambling revenue reached 8.1 billion euros, with sports betting revenue at 608.85 million euros and casino game revenue at 730.7 million euros, showing significant growth i
According to the "Island Report", the Committee on Public Finance (CoPF) in Sri Lanka criticized the Ministry of Finance and the Attorney General's Office for their prolonged delay in drafting the "Gambling Regulatory Authority (GRA) Act", leading to lagging industry regulation. CoPF stated that the
Philippine listed company DigiPlus Interactive Corp said on Friday that the recent decline in stock prices may be related to "market speculation about the bill limiting online gambling." Previously, DigiPlus's stock price fell 13.9% on Thursday to close at 38.75 Philippine pesos per share, and fell
In the southern part of Brazil, the police recently launched a large-scale raid operation, codenamed "Red Card Operation", successfully seizing about 30 million reais (approximately 5.4 million US dollars) in assets from illegal gambling syndicates, including real estate, luxury cars, and financial
According to SBC News, the British gambling giant Bet365 has officially exited the Chinese market, a move interpreted by outsiders as an important step in strengthening compliance operations and optimizing global business layout.Strategic Adjustment: Focusing on Core MarketsA spokesperson for Bet365
Recently, the raid on the RCBC building has caused a huge stir, from initial disbelief to widespread panic, with everyone feeling threatened. What's more, this incident is unlike any before!The raid on RCBC, a harsh move by the Philippine governmentAs an established office building in Makati, the sc
To further standardize the operation of the gambling industry, the Cambodia Commercial Gambling Management Commission (CGMC) has established 13 on-site regulatory offices within licensed casinos in accordance with the latest requirements of the Commercial Gambling Management Law, to strengthen indu
Recently, a kidnapping case involving a foreign student in the Philippines has drawn social attention. Senator Sherwin Gatchalian has accused the Philippine Offshore Gaming Operators (POGO) of still being a major hotbed of criminal activities and has called for a complete ban on the industry to main
The Philippine Amusement and Gaming Corporation (PAGCOR) officially revoked the licenses of 42 online gaming operators and cancelled the business permits of 18 authorized providers on December 15, 2024, marking the complete shutdown of the Philippine Offshore Gaming Operators (POGO) industry.This ac
The Paraguayan House of Representatives has approved a bill aimed at ending the country's gambling monopoly and opening up its market. This reform amends Law No. 1,016/1997, aimed at modernizing the industry, strengthening regulation, and increasing tax revenue.The bill updates the country's existin
This afternoon, Xiao Ma issued an executive order to ban POGO operations! It demands an immediate prohibition of Philippine offshore gaming, including online gambling and other offshore gaming businesses!With this executive order, all relevant government departments will refer to it for arrests and
In North Macedonia, despite the steady growth of the gambling industry, its expansion is overshadowed by an unsettling increase in violence related to casinos and slot halls, including stabbings, robberies, and murders. The surge in criminal activities has fueled a grassroots anti-gambling movement.
Washington D.C. Attorney General Brian Schwalb is intensifying scrutiny of Intralot, a Greek company behind the city's sports betting operations, demanding key documents as part of a broader investigation into the management of the city's sports betting contract. This inquiry comes as the contract n
On August 30, the Malta Gaming Authority (MGA) announced new regulations regarding the display of gaming devices at fairs, exhibitions, and other gambling-related events. According to the "Gaming Devices (Gaming Device Exhibition)" regulations initially established in 2019, any individual or entity
The gambling industry in the Lone Star State is strictly regulated, with only a few legal gambling opportunities among its 30 million population. However, a group of billionaires hopes to change this situation through potential casino investment proposals.Currently, Texas residents can enjoy state-r
A Philippine senator who has long been critical of the presence of offshore gaming operators in the country has cited statistics to reiterate that the industry’s overall contribution to public finances is not “huge”. Gatchalian (cover photo), chairman of the Senate Ways and Means Committ
