iGaming News & Gambling Industry Updates

LeoVegas received a €500K penalty from the Netherlands Gambling Authority (KSA). The company failed to protect players for eight months last year. In the last 8 months, between October 2023 to May 2024, LeoVegas was in violation of Dutch laws which required them to protect their players. The Netherlands Gambling Authority fined the company €500,000. […]

Coinbase just struck a deal to acquire The Clearing Company, a startup known for its focus on event-based trading. This comes right after Coinbase rolled out prediction market access on its platform last week. By bringing The Clearing Company on board, Coinbase looks to dig deeper into the world of trading on real-world events. This […]

Argentina authorities have frozen assets worth ARS$7 billion, about €4.1 million, linked to an alleged illegal online gambling operation. The money belongs to Roberto Javier Zuco, 54, who has been charged with money laundering and running illegal gambling. The raids happened in October at exclusive gated communities in Canning, Buenos Aires province. A federal judge, […]

The Curaçao Gaming Authority (CGA) has said that some gambling operators nearing the end of their second provisional licence period will be allowed to continue operating while regulatory reviews are still ongoing. In a statement dated 23 December, the CGA said it has not yet made a final decision on whether to grant permanent licences […]

Kalshi, a US-based prediction market company, has launched a new research unit called Kalshi Research. The company says the unit will support academic studies on prediction markets and will position Kalshi as a commercial operator and a provider of data for researchers. Kalshi explained the division is modelled after research initiatives at major artificial intelligence […]

Lithuania’s Gambling Supervision Authority, or GSA, has fined casino operator JSC Tete-a-tete €341,049 for breaking anti money laundering rules, also called AML. The fine was announced on 18 December after the regulator carried out an unscheduled special inspection. The inspection looked at how the company followed the country’s Law on the Prevention of Money Laundering […]

Rank Group has said that its Spanish casino and online gaming businesses lost €7.1 million to payment fraud. The company, led by chief executive John O’Reilly, has reported the case to the police. In a statement released on 22 December, Rank said it is also carrying out its own investigation with help from an outside […]

Easygo has reported a profit of A$257 million, driven by strong growth in its gambling and live streaming businesses. The company earned this profit from total revenue of A$970 million, based on financial records filed with the Australian Securities and Investments Commission and reported by The Australian. It also paid about A$152 million in company […]

Evolution lost its request to make a New Jersey judge order sanctions on investigative firm Black Cube. The company claimed Black Cube did not follow discovery rules. The live casino company said the private intelligence firm failed to comply with the court’s discovery order completely. Black Cube created reports claiming Evolution operates in banned areas. […]

The appointment of Kevin Fenton to the Department for Culture, Media and Sport DCMS Gambling Levy Programme Board has sparked fresh debate about how gambling harm funding is handled in the UK. The board decides how money from the new statutory gambling levy is shared between research, prevention and treatment services. Fenton is a senior […]