Resist ‘predatory’ Boxing Day gambling offers, say NHS bosses amid worsening crisis | Gambling
NHS chiefs have warned that a flood of betting ads placed around Boxing Day sporting events will worsen Britain's growing gambling problem. They say promotional tactics by unscrupulous gambling companies, such as free Christmas bets, will encourage bettors to bet more than they can afford and increase gambling-related harm. Gambling addiction has taken a huge […]
DP World Tour suspends player for gambling on pro golf events
The PGA Tour, DP World Tour, and LIV Golf all partner with various betting companies, but players themselves are prohibited from placing bets of any kind. This balance is difficult, especially since golf broadcasts these days are peppered with gambling advertisements. But rules are rules, and British player Marco Penge breached the European Tour's integrity […]
Online Gambling Losses to Drain $1 Trillion from U.S. Pockets by 2028
Critics call gambling “the devil's playground.” Online gambling losses in the United States are likely to exceed $1 trillion in the next few years, at the expense of American gambling operators, and are on track to meet that estimate. U.S. lawmakers and government regulators “cannot continue to rely on theories of responsible gambling that shift […]
‘It’s a pure form of gambling’: memecoins boom after Trump election | Cryptocurrencies
This is an analogy for the attention economy. A celebrity created entirely by social media, “hawk tua girl” Hayley Welch helped launch a cryptocurrency asset that sparked a viral frenzy that then went under fire. The Hawk Memecoin was worth $490m (£385m) within hours of its launch on December 4, but has now surpassed its […]
Labour poised to announce £100m levy on gambling companies | Gambling
UK casinos and bookmakers will be required to pay £100m a year in levies to fund gambling research, education and treatment under government plans due to be announced later this week. It will be. Labor is believed to be poised to rubber-stamp the previous government's proposal to abolish a voluntary system that allowed industry managers […]
‘Everything Has Changed Now’: Biden’s Spends Last Months In Office Gambling Risk Of Nuclear War With Russia
President Joe Biden may have just made the riskiest gamble yet in the years-long Russia-Ukraine war, but President-elect Donald Trump continues to push for a quick end to the conflict. Ukraine's military fired a long-range, U.S.-provided missile into Russian territory on Tuesday after recently receiving approval from senior Biden officials, but the White House has […]
Biden’s FBI Raids Home of Polymarket CEO After Gambling Platform Successfully Predicts Trump Victory
Federal agents seized cellphones and electronic devices in an early morning raid on Polymarket CEO Shane Coplan's Manhattan apartment, after the cryptocurrency gambling platform announced that Donald Trump would be the first to vote in the 2024 presidential election. -This was just one week after correctly predicting Trump's stunning victory. of new york post report […]
Great Britain ‘lags behind’ Europe on betting ad regulation, says gambling charity | Gambling
The UK is “lagging behind” Europe in measures to restrict gambling advertising, according to a report published just days after official data showed a sharp rise in the number of children with problem gambling. Restrictions on advertising by bookmakers and casinos are increasingly becoming the “norm” across Europe in response to public health concerns, according […]
How Australians became the world’s biggest gamblers | Gambling
IIt's a quiet evening in Fairfield, Sydney's western suburb. In a small brick building, a dozen members of Gamblers Anonymous are helping themselves to coffee, tea and mini meat pies. The meeting is taking place in a suburb with the lowest average income in Sydney and the highest gambling losses. It's home to a fifth […]
Jontay Porter pleads guilty in gambling scheme that got him banned for life from NBA
Jontay Porter, who was banned for life from the NBA for gambling, has pleaded guilty to his role in the scheme that led to his suspension. Porter pleaded guilty to conspiracy to commit wire fraud and faces up to four years in prison. In court on Wednesday, Porter said he agreed to withdraw from the […]