According to the research conducted by Statista, the revenue in the global online gambling market is expected to achieve an astonishing USD 97.70bn by the end of the ongoing year. The predictions say that the approximate growth rate per year should exceed 6.4%, which would result in an estimated annual revenue of over USD 133bn...
Tag: newsroom
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Indonesia Warns Payment Providers On Online Gambling
The Ministry of Communication and Information Technology (Kominfo) of Indonesia has issued a stern warning to 21 Payment Service Providers (PJP), cautioning them against facilitating financial transactions for online gambling or other illegal activities. This move is part of a broader effort by the Indonesian government to curb online gambling activities, which are illegal under Indonesian...
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NCLGS Makes Model For Legislation For US Online Gambling
As the US online gambling landscape evolves, the National Council of Legislators from Gaming States (NCLGS) is stepping up to provide a much-needed framework for legal online gambling. In a bold move to streamline and standardize legislation, the NCLGS is developing a model bill that aims to guide lawmakers across the country in implementing online gambling...
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Bally’s Corporation Joins Responsible Gaming Association
Bally’s Corporation has announced its partnership with the Responsible Online Gaming Association (ROGA), marking a significant step towards promoting responsible gaming practices in the online gaming industry. Embracing Responsible Gaming Initiatives As a founding member of ROGA, Bally’s is poised to collaborate with leading industry players to elevate responsible gaming standards. ROGA’s mission centers around...
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Three Casino Representatives Joined the LCB Forum in May 2024
There’s no better way to get to know what an online casino offers than to inquire with a person who comes directly from the said casino. Realizing that, we created a special corner on our support forum a long time ago, giving players a chance to communicate with representatives directly, and have their questions answered...
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New Regulations For Gambling Consumer Protection Are Here!
The Gambling Commission has announced sweeping changes aimed at enhancing safety and empowering consumers within the gambling industry. These changes, outlined in alignment with the Government’s High Stakes: Gambling Reform for the Digital Age White Paper, encompass various aspects crucial to fostering responsible gambling practices and customer protection. Financial Vulnerability Checks and Frictionless Financial Risk Assessments One of the key...