Lack of legislator education, according to some online casino industry leaders, continues to be the biggest obstacle to more states legalizing iGaming. That was the big takeaway at SBC Summit North America Wednesday in New Jersey, where panelists batted around ideas in discussing why online casino hasn’t kept pace with online sports betting. “First and...
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TIB calls for banning ads on online gambling
Transparency International Bangladesh (TIB) has expressed concern over the increased promotion of online gambling across traditional broadcast and social media platforms. In a press statement released today (9 May), the anti-corruption watchdog urged for the immediate restriction of gambling-related advertisements, enforcement of the Gambling Prevention Act, and proactive measures by relevant law enforcement agencies. “Despite...
India issues warning on online gambling promotion
India’s Ministry of Information and Broadcasting has warned social media influencers. India.- The Ministry of Information and Broadcasting has warned social media influencers and online advertisers against promoting offshore online gambling and betting platforms. It has warned online advertising intermediaries not to target Indian audiences with gambling-related promotional content and called on social media intermediaries to discourage users from publishing such content. Non-compliance with...
Indonesia: 142 arrested for alleged illegal online gambling
The police made the arrests as part of an ongoing investigation into 115 online gambling cases. Indonesia.- The National Police arrested 142 people for allegedly being involved in illegal online gambling between April 23 and May 6. According to Jakarta Globe, the arrests were made as part of an ongoing investigation into 115 cases. National Police spokesman Brig....
Online casinos are future for US gambling industry, claim insiders
Online casino gambling is the future for the sector, according to several industry insiders in the US. This week at the SBC Summit North America, a major gambling industry conference, there was an acceptance of the difficulty faced so far in launching internet casinos but executives are convinced it is the future of betting. Online...
TIB for banning ads on online gambling
Transparency International Bangladesh (TIB) has expressed concern over the increased promotion of online gambling across traditional broadcast and social media platforms. In a press statement released on Thursday, the anti-corruption watchdog urged for the immediate restriction of gambling-related advertisements, enforcement of the Gambling Prevention Act, and proactive measures by relevant law enforcement agencies. “Despite clear...
Congress overturns Lula’s vetoes, Income Tax on sports betting and iGaming will be annual – Games Magazine Brasil
Thus, Law 14,790/2023 returns to its original format, ensuring a fairer taxation aligned with the expectations of the sports betting and online gaming sector, which advocated for the exemption threshold and annual collection of Income Tax on the net betting results. By rejecting items 1 to 3 of the presidential veto, the National Congress accepts...
Finance Minister sees online gambling, hundi behind increasing money laundering
Finance Minister Abul Hassan Mahmood Ali on Thursday said money laundering is increasing due to online gambling, gaming and hundi. The minister said this in response to a question of Awami League MP M Abdul Latif from Chattogram-11. The finance minister in a written answer said that the level of transactions through Mobile Financial Services...
Licensed Casinos Not On GamStop UK – Daily Updated List
Explore the latest list of licensed casinos not on GamStop in the UK, offering diverse gaming options and lucrative bonuses! GamStop helps people with gambling problems ban or restrict themselves from gambling platforms registered in the UK. Though a great service, it can restrict your gaming, which is why many players in the UK seek...
48,586 MFS accounts suspended for online gambling: Wasika | News
48,586 MFS accounts suspended for online gambling: Wasika SANGSAD BHABAN, May 9, 2024 (BSS) – State Minister for Finance Wasika Ayesha Khan said that the Bangladesh Financial Intelligence Unit (BFIU) has suspended 48,586 personal Mobile Financial Services (MFS) accounts on charges of involvement in online gambling, betting, and hundi. She said this while replying to...
48,586 MFS accounts suspended for online gambling
State Minister for Finance Wasika Ayesha Khan said that the Bangladesh Financial Intelligence Unit (BFIU) has suspended 48,586 personal Mobile Financial Services (MFS) accounts on charges of involvement in online gambling, betting, and hundi. She said this while replying to a tabled question from Treasury Bench Lawmaker M Abdul Latif on behalf of Finance Minister...
Odisha man kills self after murdering wife, daughter amid online gambling loss
Bhubaneswar: The bodies of a man, his wife and their 12-year-old daughter were found inside a car in Odisha’s Jharsuguda on Thursday morning, police said. The deceased have been identified as Sujit Ray, his wife Khusbu, and their daughter Arpita. Their bodies, bearing gunshot wounds, were discovered inside a car parked at a playground near...