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Gambling

British horseracing will suffer ‘untold damage’ if planned gambling crackdown goes ahead, MPs warn

by Virginia Chavez
British horseracing will suffer ‘untold damage’ if planned gambling crackdown goes ahead, MPs warn

A PLANNED gambling crackdown will do untold damage to UK horse racing, ministers will be warned today. MPs will use a Westminster debate to sound the alarm over proposed affordability …

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DraftKings posts 44% revenue growth, but falls short of estimates

by Anas Siddiqui
DraftKings posts 44% revenue growth, but falls short of estimates

In this photo illustration the DraftKings logo seen displayed on a smartphone. Rafael Henrique | Sopa Images | Lightrocket | Getty Images DraftKings on Thursday posted quarterly results that missed …

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Taylor Swift will lead to more Super Bowl betting, especially at one sportsbook: analyst

by Walter Watson
Taylor Swift will lead to more Super Bowl betting, especially at one sportsbook: analyst

Penn Entertainment’s ESPN Bet sports betting service could prove to be a winner at the Super Bowl on Sunday — helped by the Taylor Swift effect, according to Bank of America. …

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Gamers Who Spend Money on ‘Loot Boxes’ Twice as Likely to Gamble, Research Shows

by Maya Ortiz
Gamers Who Spend Money on ‘Loot Boxes’ Twice as Likely to Gamble, Research Shows

According to new research published today in the peer-reviewed journal Addiction Research & Theory, gamers who purchase ‘loot boxes’ are up to two times more inclined to bet. According to …

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In Malaysia, slot machine players risk losing it all to ‘crack cocaine’ of gambling

by Walter Watson
In Malaysia, slot machine players risk losing it all to ‘crack cocaine’ of gambling

That chemical reaction in the brain makes some players stay well beyond their luck and financial means – and that makes for good business for the owners of these licensed …

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37 expats arrested for gambling, running illegal liquor factories

by Ron Morgan
37 expats arrested for gambling, running illegal liquor factories

Kuwait: The authorities in Kuwait have arrested 37 expatriates for their involvement in gambling and running illegal liquor factories. Taking to X, the Kuwait Ministry of Interior (MoI) said the …

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Malaysia arrests 14 Chinese nationals, 3 local men for running an online gambling syndicate

by Walter Watson
Malaysia arrests 14 Chinese nationals, 3 local men for running an online gambling syndicate

Malaysia’s Immigration Department arrested an online gambling syndicate by arresting 17 individuals at premises in Jalan Kerinchi, Bangsar, on Wednesday. Those arrested in the 11pm operation comprised 14 Chinese men …

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North Korean hackers sharing money-laundering networks in Southeast Asia: UN report

by Walter Watson
North Korean hackers sharing money-laundering networks in Southeast Asia: UN report

North Korean hackers are sharing money-laundering and underground banking networks with fraudsters and drug traffickers in Southeast Asia, according to a United Nations report, with casinos and cryptocurrency exchanges emerging …

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Shane Pinto rejoins Senators as 41-game gambling suspension nears end

by Virginia Chavez
Shane Pinto rejoins Senators as 41-game gambling suspension nears end

Friday was a day of firsts for Shane Pinto. The Ottawa Senators centre practised with the team and addressed media for the first time since receiving a 41-game suspension from …

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Young men face high risk for gambling addiction as sports betting surges: experts

by Virginia Chavez
Young men face high risk for gambling addiction as sports betting surges: experts

The recent rollout of legalized sports betting across 36 states has surged the gambling industry — but experts say it’s coming at the cost of mental health in young men. …

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