KTO aims to capture 10% market share in Brazil’s regulated betting market
Since its inception in 2019, KTO has made significant strides in the Brazilian market. Initially launching its operations in a single state, the company has adopted a robust strategy aimed…
Carl Icahn faces SEC fine for Caesars stock speculation
The U.S. Securities and Exchange Commission (SEC) has imposed fines on renowned financier Carl Icahn and his firm, Icahn Enterprises L.P., for neglecting to disclose the pledging of company securities…
ATG CEO warns Swedish gambling tax hike will impact company’s financials
Sweden has announced a hike in its Gross Gaming Revenue (GGR) tax for gambling operators from 18% to 22%, effective from July 1. The tax increase is anticipated to generate…
Mansion Group sees victory in legal dispute with ex-CEO, implications for gambling industry
The legal battle between the defunct Mansion Group and its former CEO, Karel Manasco, reached a new chapter after a judgment from the Supreme Court of Gibraltar last week. The…
PlayUp Interactive fined record AU$600K by NSW gambling regulator
In a landmark decision, authorities in New South Wales (NSW), Australia, have levied a record fine against the online gambling operator, PlayUp Interactive. The investigation revealed severe breaches of gambling…
Genting enhances integrity measures in response to anti-money laundering allegations
Resorts World Las Vegas (RWLV), owned by Genting Berhad, has issued a formal response to the recent anti-money laundering (AML) violation claims levied by the Nevada Gaming Control Board (NGCB)…
Brazil calls for tougher penalties on match fixing in gambling
Match-fixing has long been a scourge in the world of sports, compromising integrity and fairness. In Brazil, stringent measures have been put in place to combat this issue through the…
Legal battle escalates for former New Hampshire Senator in gambling lawsuit
Former New Hampshire Senator Andy Sanborn is currently embroiled in multiple legal battles. Sanborn faces accusations of COVID relief fraud, which have cast a shadow over his political career and…
Class action lawsuit claims Royal Match game to blame for gambling addiction
Janna Schudde has filed a class-action lawsuit against Dream Games Teknoloji Anonim Şirket, the Turkish developer of the popular mobile game Royal Match. Schudde's legal action aims to address issues…
Finnish Health Institute warns of potential increase in gambling harm due to new law
Similar to other countries in Europe, Finland is planning changes to its regulated gambling sector. Transformation of Finland's gambling landscape A proposal in the country seeks to set up a…
