Kolade Abisoye

California’s push to ban sweepstakes-style casinos and daily fantasy sports has gained significant momentum after Bill AB 831 cleared another crucial hurdle. On September 9, the bill passed unanimously in the State Senate with 36 votes in favor. This week, it was reviewed by the Assembly Governmental Organization Committee, where it was approved with 20 […]

Sweden’s Gambling Inspectorate, Spelinspektionen, has tightened regulations of its online gambling market by banning two unlicensed operators, Altacore NV and Wino.casino. The prohibition orders were issued after the regulator found the companies guilty of targeting Swedish players without the necessary licences. Altacore NV, licensed in Curaçao, was accused of offering Swedish language options, tailored promotions, […]

Evoke has successfully completed a significant refinancing initiative to improve its financial flexibility and reduce debt pressure. The operator confirmed the issuance of €600m worth of senior secured notes alongside the launch of a new revolving credit facility worth £200m. Through its wholly owned subsidiary 888 Acquisitions, Evoke has made €600m worth of bonds available […]

PredictIt has officially won approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a regulated derivatives exchange. The licenses were granted to Aristotle, the company behind PredictIt, allowing it to run an exchange and a clearinghouse. Until now, PredictIt ran under a CFTC “no-action letter.” This arrangement allowed it to offer political […]

South Korean police have dismantled a KRW 44 billion (approx. US$31 million) illegal gambling network that operated from Cambodia. Authorities arrested ten individuals connected to the operation, which used offshore locations and digital platforms to avoid detection. The group reportedly traveled on tourist visas and ran the operation from a local office in Cambodia. The […]

Spelinspektionen has officially banned Bitx Operations and Ryker from operating in the country. This comes as part of Sweden’s ongoing effort to shut out unlicensed iGaming platforms that fail to meet regulatory standards. Neither company holds a Swedish gaming licence, which is required to legally target local players. While the bans are confirmed, further consequences […]

Soft2Bet has officially launched its latest brand, Swiper, tailored specifically for the Swedish market. The move comes after securing a license in Sweden. Swiper is designed to meet compliance requirements and create a trustworthy experience for Swedish players. The new brand leverages Soft2Bet’s existing technological expertise and market knowledge while putting a strong focus on […]

Allwyn International has reported steady growth in the second quarter of 2025, releasing preliminary unaudited results that show a 6% year-on-year increase in revenue and improved adjusted EBITDA. The lottery and gaming operator posted total revenue of €2.27bn ($2.6bn) for the period, compared with €2.14bn in Q2 2024. Gross gaming revenue also rose 6% to […]

The Democratic Party of Korea has renewed its efforts to tackle controversial in-game monetisation practices, reintroducing a bill that targets randomised reward systems widely used in online games. Party floor leader Kim Byung-kee has submitted a proposed amendment to the Game Industry Promotion Act, which specifically seeks to outlaw “complete gacha” systems. These mechanics require […]

Malaysian police have arrested 328 individuals following a sweeping crackdown on illegal gambling across the country. The two-day operation, code-named Op Dadu Mega, was conducted on 30 and 31 August by the Federal Criminal Investigation Department (CID) in collaboration with state-level enforcement teams.  According to authorities, the coordinated raids targeted nearly 400 premises suspected of […]