According to estimates by the NPA, Japanese users spend a total of 1.24 trillion yen (around $8.6 billion) annually on gambling operator websites. This amounts to approximately $2,552 per active player. Market analysis shows that the 40 largest online casinos and sportsbooks operating in Japan are licensed offshore and are registered in corresponding offshore jurisdictions. […]
On April 24, 2025, the last land-based casino in Sweden — Casino Cosmolot in Stockholm — had its final day of operation. The operator Svenska Spel, which managed land-based facilities in the country, confirmed that from this point on, Sweden’s gambling industry will continue to develop exclusively online. Earlier this month, the Swedish Parliament voted […]
Kalshi Goes Head-to-Head with Maryland as the High-Stakes Legal Showdown Over Prediction Markets Intensifies
April 29, 2025Kalshi Goes Head-to-Head with Maryland as the High-Stakes Legal Showdown Over Prediction Markets Intensifies In a significant escalation of the ongoing legal and regulatory battle between state authorities and prediction market operators, Kalshi, a New York-based financial technology company, has filed a lawsuit against Maryland’s Lottery and Gaming Regulator. The lawsuit, lodged in the United […]
Blazesoft Hit with Class Action Lawsuit in New York: How Will This Affect the Sweepstakes Casino Industry
April 29, 2025In the booming world of online sweepstakes gaming, legal storm clouds are gathering. At the center of the latest brewing battle is Canadian tech firm Blazesoft Ltd., a fast-growing operator behind some of the internet’s most recognizable social casino brands: Fortune Coins, Zula Casino, and Sportzino. What once seemed like a clever workaround to America’s […]
BMM Testlabs Gets Green Light to Certify Gaming Products in the UAE: A New Era Begins
April 29, 2025In a landmark move, the United Arab Emirates has officially authorized BMM Testlabs, a global leader in gaming product testing and certification, to serve as an Independent Testing Laboratory (ITL) for its freshly minted national lottery and broader commercial gaming program. This isn’t a mere rubber stamp; this is the dawn of a bold new […]
Yield Sec: GGR of Crypto Casinos in 2024 Reached $81.4b
April 27, 2025Yield Sec: GGR of Crypto Casinos in 2024 Reached $81.4bn. This figure has increased fivefold since 2022. According to Yield Sec’s founder, Ismail Vali, the behavior and habits of the target audience have changed significantly. Just a few years ago, players were skeptical of crypto platforms and far from using cryptocurrencies in general, […]
Central Bank of Brazil: we lack the authority to block transactions to illegal operators
April 20, 2025The President of the Central Bank, Gabriel Galípolo, speaking in the country’s parliament last week, stated that any blocking of transfers to illegal operators is only possible after notification from the responsible regulatory body — SPA. Without a request from the SPA, blocking transactions is essentially impossible. Given that the regulator may take […]
In 2022, several local operators filed a collective complaint with various authorities, demanding action at the state level against offshore (and foreign in general) operators. Among other things, they requested the blocking of these operators’ websites within the country. Now, after three years, the Chilean Prosecutor’s Office has officially announced that no further […]
UAE Expands Gaming Frontier: New Licences Granted to Novomatic, EQL Games as National Lottery Partners with Xpoint
April 13, 2025In a move that signals a bold and transformative shift in the Gulf region’s economic and entertainment future, the United Arab Emirates (UAE) is stepping confidently into the global gaming spotlight. The country is no longer toying with the idea — it’s building a full-fledged, strategically planned gaming industry from the ground up. This past […]
The fate of prediction platforms at risk: how the fight against gambling in the US could change the future of financial technologies
April 13, 2025The U.S. gambling and financial market is facing new tensions due to prediction platforms like Kalshi, Robinhood, and Crypto.com. These companies, initially seen as innovative alternatives to traditional betting, are now facing legal challenges. Several states, including Nevada and New Jersey, claim these platforms are operating illegal gambling schemes and demand they stop in […]