iGaming News & Gambling Industry Updates

A South Korean man in his fifties, who stood at the top of a criminal network, got charged after leading operations to create and sell illegal gambling sites. Investigators said North Korean hackers from the Munitions Industry Department’s 313 Bureau helped him, and these hackers worked inside China. Seoul Central District Prosecutors’ Office indicted this […]

A network of criminals has created a hidden gambling operation worth millions of euros, including illegal lotto and sports bets, while the authorities, even the police, do nothing to stop them. The Shift discovered that the Financial Intelligence Analysis Unit (FIAU) began an investigation in 2020, just after Melvin Theuma, the link in Daphne Caruana […]

If someone notices their own image or video appearing on gambling websites or platforms without their consent, they should go to the court for help. Authorities are shutting down over 1,000 mobile banking accounts because these accounts are connected to online gambling activities. Also, the government has started legal cases against 1,100 named agents, as […]

Italy’s gambling sector keeps growing and increasing its tax contribution. The Customs and Monopolies Agency (ADM) shared a new update on gambling performance and regulations at a Rome summit held on 21 May. State agencies attended and discussed many issues. ADM presented 2024 figures that show the market’s stability. Gross Gaming Revenue (GGR) reached €21.6 […]

The Gambling Commission is being criticized for hiding the names of problem betting operators in exchange for charity donations. In the last five years, the regulator has placed 38 failing gambling companies under special measures, using a process that hides company names from the public. To avoid formal regulatory action, betting firms can choose to […]

The Arizona Department of Gaming (ADG) issued cease and desist letters. These went to Kalshi, Robinhood, and Crypto.com. All three are sports-event contract providers. Robinhood partners with Kalshi on some offerings. Crypto.com also received a letter from the regulator. The department’s letter explained that Kalshi tries to legitimize its actions. It uses the term “innovation” […]

The Court of Justice of the Federal District and Territories has ruled for the continued operation of online betting platforms Betnacional, Mr. Jack Bet, and Pagbet, which are operated by NSX Brasil. This decision follows a lawsuit filed by Educafro Brasil and the Padre Ezequiel Ramin Human Rights Defense Center, seeking to suspend the platforms […]

After a record-breaking turnout in 2025, SBC Summit Americas will be returning to Fort Lauderdale in June 2026. The announcement follows widespread acclaim from industry leaders and attendees who hailed the event’s content, networking opportunities, and regional inclusivity. This upcoming edition is scheduled to take place at the Broward County Convention Center from 8 to […]

Playtech has reached an initial agreement with Pferdewetten, a German betting group, for the potential takeover of its Happybet subsidiary in Germany. While in its early stages, the deal is a significant move in Playtech’s strategy to exit the business-to-consumer (B2C) market and concentrate solely on business-to-business (B2B) operations. Negotiations and Potential Outcomes The agreement […]

eFishery, one of Asia’s most promising agritech startups, has become a cautionary tale of ambition turned deception. The Indonesian startup, founded by Gibran Huzaifah, began with a noble mission, revolutionizing aquaculture through automated fish feeders. The company grew from humble beginnings to a $1.4 billion valuation, attracting heavyweight investors such as SoftBank, Temasek, and Sequoia […]