iGaming Finance News

A problem happened with several slot machines at online casino ATG. This glitch allowed Swedish players to win thousands of euros, even without putting any money into their accounts. Players quickly moved their winnings before ATG managed to close the accounts that were affected. Last week, people in Sweden talked a lot about AB Trav […]

Illegal gambling increases the shadow economy, money laundering, human trafficking, drug dealing, and arms trading, said Deputy Minister of Interior Filip Popov at a roundtable talk. Deputy Prime Minister Atanas Zafirov led the meeting, where people from the Ministry of Interior, the General Directorate for Combating Organized Crime (GDBOP), the National Revenue Agency (NRA), sociologists, […]

Police in Indonesia have confiscated over $32 million worth of assets from two businessmen. The authorities cite illegal internet gaming as the origin of the money. Commissioner-General Wahyu Widada of the National Police’s Criminal Investigation Agency stated that officers froze $16 million in cash. The operation also resulted in the seizure of four vehicles and […]

A streamer agreed to pay DKK 10,000 as a fine after promoting gambling sites on Twitch without having Danish licenses. Twitch allows users to broadcast live video. Streams may feature gaming, product unboxing, or gambling. On a number of occasions, the streamer promoted gambling sites not licensed for play in Denmark through his Twitch channels. […]

Brazil’s Secretariat of Prizes and Betting (SPA) has sent formal notifications to 33 financial and payment institutions that processed transactions with unauthorised betting platforms. This is one of the biggest enforcement actions since the country’s new gambling regulation came into effect this year. The SPA gave these institutions 10 days to respond to the notifications. […]

The Danish Gambling Authority, Spillemyndigheden has reportedly fined a Danish Twitch streamer DKK 10,000 ($1,505) for adverts for unlicensed gambling sites during his streams. The authority says the streamer had been promoting gambling services that do not have the required license to operate in Denmark. After an investigation into the streamer’s activities the case was […]

The decades of fidelity to the gambling of a Michigan resident has brought the desirable outcome: the life-changing award. A whopping $6 million prize that originate from a scratch-off ticket. Now aged 60, the man, who wants to remain anonymous, has recently hit the jackpot, making his 40 years of playing an old hat. The […]

When the time came for the world to meet the new pope, many eyes were on the Vatican and even more wallets were open. The recent papal conclave didn’t just stir religious and political interest; it also sparked a frenzy among online gamblers, who wagered tens of millions of dollars trying to predict who would […]

Sara Jacqueline King, a Californian attorney, led a double life as a high rolling gambling superstar in Las Vegas. She spent almost two years living high off the hog in one of Wynn’s VIP suites, which is set aside for high rollers who drop at least $300,000 a day. Yet under that mask of success […]

Indonesian police have busted a massive online gambling-linked money laundering scheme worth Rp530 billion ($32 million). The operation, which has been running for years, was uncovered by the Criminal Investigation Department of the National Police (Bareskrim) and revealed the complex web of financial transactions, shell companies and digital tools used to hide illegal proceeds. Two […]