iGaming News & Gambling Industry Updates

Latest iGaming news covering online gambling, sports betting, regulation, casinos and market insights from around the world.

Illegal Gambling Lubricates the Shadow Economy and Crime, Officials Warn

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, […]

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Flutter Finalizes $350m Acquisition of NSX Group

Flutter Entertainment has completed its acquisition of a 56% stake in NSX Group, the Brazilian operator behind Betnacional. This deal is worth around $350 million in cash, representing a move into one of Latin America’s most promising markets. Furthermore, it aligns with Flutter’s strategy of securing leadership in attractive international markets. With over 200 million […]

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Broker Nabbed in Pattaya for Wat Rai Khing Abbot Fund Money

Authorities in Pattaya detained a broker linked to a network running online gambling. This person allegedly took funds from the abbot of Wat Rai Khing. The arrest happened as part of a larger investigation about financial crimes. Wat Rai Khing’s abbot, named Phra Dhammawachiranuwat (Yaem Kittindharo), faces allegations of embezzlement. The claim says he took […]

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Indonesian Police Apprehend $32M Belonging to Businessmen Charged with Money Laundering

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 […]

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Brazilian Ministry of Sports and Sportradar Team Up to Protect Sports Integrity in the Region

The Brazilian Ministry of Sports and Sportradar Group AG (NASDAQ: SRAD) signed a Technical Cooperation Agreement (ACT) focused on the integrity of sports betting in Brazil. Both parties share data regarding the betting market and collaborate to prevent match-fixing under this partnership. The Ministry of Sports receives alerts about unusual activity thanks to Sportradar’s Universal […]

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