The illegal betting market in India receives an estimated $100 billion annually in deposits, despite regulations by the government. The illegal betting market grew by 7% CAGR from 2012 to 2018, and is set to grow by 30% this year read more High taxes and inadequate legal frameworks are pushing people towards illegal online gambling,...
Tag: online betting
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 "High taxes pushing people to illegal online gambling as it looks at 30% growth: CSK study")
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OPP launch investigation into Jontay Porter betting scandal | CBC News
The Ontario Provincial Police (OPP) has launched an investigation probing former Toronto Raptor Jontay Porter’s betting scandal, a spokesperson for the force confirmed Wednesday. Porter, who once played centre for the Raptors, was banned for life from the NBA in April after a league probe found he disclosed confidential information to sports bettors and wagered...
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Rules And Beginner’s Guide: How To Play Slots – TyN Magazine
Playing slots is a fun way to have a good time and win big. To make the most of your experience, it’s essential to understand the basics and continuously improve your skills. For example, online slots work similarly to physical ones, but the display is on your computer or mobile screen. They use RNG (Random...
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The rise of gaming apps and rank – TyN Magazine
Introduction India’s mobile gaming market is growing rapidly, with 4.32 billion downloads by 2023, accounting for 15.3% of all games. A recent report by applications specialist Aptica shows that the country is currently ahead of the largest companies in the US and Brazil. The mobile gaming industry has become a dynamic and ever-evolving part of...
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Popular Picks for Online Bets & How to Bet on Sports
In the realm of online entertainment, few experiences match the adrenaline rush of placing bets on sports events and various activities. From the seasoned bettor to the curious newcomer, exploring the diverse landscape of online bets offers an adventure like no other. Understanding the Basics of Online Betting Online betting encompasses a vast array of...
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Tragic murder-suicide in Chengalpattu district linked to online gambling debts
An entrepreneur from Mangat, Kanchipuram district, committed murder-suicide at his residence, due to the loss of money in online gambling. Identified as Srinivasan, the entrepreneur had incurred debts through online gambling, prompting him to take measures that resulted in the loss of eight lives, including his own wife and an 8-month-old infant. Srinivasan, a participant...
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Deep in debt due to online betting, Odisha man kills wife, daughter before suicide
BHUBANESWAR: A man in Odisha’s Jharsuguda shot dead his wife and seven-year-old daughter before turning the firearm on himself after losing money in online betting, police said on Thursday. Police said technical and financial investigation apart from scrutiny of the mobile call records indicated the motive behind the suicide (Getty Images/iStockphoto) Their bodies were found...
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Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity
With the proliferation of betting apps bringing gambling into more parts of consumers’ lives, now even Skee-Ball is getting the Las Vegas treatment. Restaurant and entertainment center chain Dave & Buster’s has partnered with gaming technology firm Lucra to add “gamification software” to its app for loyalty program members. “This new partnership gives our loyalty...
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PaySafe Debuts Pay-by-Bank for Online Gaming
Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators’ cashiers directly from their online bank account, according to a Monday (April 29) press release. This product expands the capabilities of Paysafe’s Gateway, the company’s iGaming payments solution, and was added “to...
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Lahore Police to crack down on online gambling amid Pakistan vs New Zealand T20I series
During the ongoing T20I series between Pakistan and New Zealand, police officials in Lahore are preparing to take action against online gambling and betting activities reported Geo TV. Capital City Police Officer (CCPO) Bilal Siddique Kamyana has instructed concerned officials to conduct raids to arrest people involved in online betting and closely monitor apps and...
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