Online Betting Powers Record South African Gambling Turnover in 2024/25

Online Betting Powers Record South African Gambling Turnover in 2024/25

Key Moments South Africa’s gambling turnover reached R1.5 trillion ($86 billion) in 2024/25, up from R1.1 trillion in 2023/24 Online betting made up 60% of gross gambling revenue, with betting overall generating R52.3 billion Casino revenue declined by 4.1% as online slots continued to gain traction among players Gambling Turnover Soars on Strength of Digital Wagers The National Gambling Board (NGB) has reported that the total gambling turnover in South Africa climbed to R1.5 trillion ($86 billion) for the 2024/25 financial year. This figure marks a considerable increase from the…

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Polymarket Launches Trading on US Stocks and Commodities, Signaling Shift Toward Mainstream Finance

Polymarket Launches Trading on US Stocks and Commodities, Signaling Shift Toward Mainstream Finance

Key Moments: Polymarket has introduced “up/down” markets allowing users to wager on the movements of stocks, indices, and commodities. ICE, the owner of the New York Stock Exchange, has pledged to invest up to $2 billion in Polymarket, valuing the company at approximately $9 billion. Polymarket and its competitor Kalshi processed about $1.4 billion in trading volume last month, highlighting institutional interest in prediction markets. Polymarket’s Expansion Into Traditional Asset Classes Polymarket has unveiled a new feature enabling users to bet on whether various stocks, indices, and commodities will rise…

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Coljuegos Expands Legalization Efforts with Major Pact in Valle del Cauca

Coljuegos Expands Legalization Efforts with Major Pact in Valle del Cauca

Key Moments: Coljuegos signed its 41st “Pacto por la Legalidad” in Cali on October 15, collaborating with Valle del Cauca Governor’s Office and the Valle Lottery. Authorities reported seizing 2,672 illegal gambling devices since the beginning of 2025, adding to nearly 11,000 machines destroyed since 2024. Authorized gambling activities generated approximately COP 426.5 billion for Colombia’s healthcare system between January and August 2025. Collaborative Efforts Intensify Against Illegal Gambling Colombia’s regulatory body Coljuegos has strengthened its commitment to combating unauthorized gambling through a new partnership established in Cali on October…

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RocketPlay Revamps VIP Club to Strengthen Player Loyalty and Drive Engagement

RocketPlay Revamps VIP Club to Strengthen Player Loyalty and Drive Engagement

Key Moments: RocketPlay has merged its Lifetime Loyalty (XP) and Seasonal VIP Progress (SP) systems into a single rewards program The new VIP Club offers a unified progression system, permanent base status, and expanded rewards such as up to 10% weekly cashback RocketPlay continues to refine the VIP Club based on player feedback, usage analytics, and performance data Streamlined Loyalty Experience for Modern Gamers The landscape of gaming incentives has evolved, with players seeking programs that value ongoing engagement over one-time bonuses. Recognizing this trend, RocketPlay has overhauled its VIP…

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Strict Regulatory Compliance Reshapes iGaming Investment Landscape

Strict Regulatory Compliance Reshapes iGaming Investment Landscape

Key Moments: Compliance has become the primary challenge for iGaming operators, overtaking competition and responsible gaming, according to a survey of over 700 industry professionals. Brazil increased its gross gaming revenue tax from 12% to 18%, while the United Kingdom enhanced advertising standards and India introduced new regulations. Approximately 40% of surveyed respondents identified compliance pressure as their biggest daily challenge. Operator Strategies Shift Toward Regulatory Focus The iGaming industry has entered a new era where regulatory compliance drives business strategy. Operators are turning away from aggressive expansion and are…

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Norwegian Gaming Regulator Upholds Major Penalty for Eurojackpot Miscalculation

Norwegian Gaming Regulator Upholds Major Penalty for Eurojackpot Miscalculation

Key Moments: The Norwegian Lottery Authority upheld a NOK 10 million fine against Norsk Tipping due to a Eurojackpot prize calculation error. A total of 47,000 players received inflated prize notifications as a technical issue multiplied winnings by 100 during eurocent-to-krone conversion. Norsk Tipping’s latest fine represents around 0.1% of its 2024 turnover, following earlier sanctions for separate technical errors. Technical Fault Impacts Thousands of Players Norsk Tipping has been handed a NOK 10 million penalty by the Norwegian Lottery Authority after a system failure led to significantly inflated Eurojackpot…

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Google Search Rankings Enter Rollercoaster Phase Ahead of Potential Update

Google Search Rankings Enter Rollercoaster Phase Ahead of Potential Update

Key Moments SEO tracking tools have detected significant ranking turbulence in recent days Affiliates and operators report decreased SEO-driven traffic and tighter profit margins Google has not confirmed a new core update since June 2025, with speculation mounting about a possible “Halloween update” Unusual volatility has emerged in Google’s search results recently, as a wide range of SEO monitoring platforms register abrupt changes. These shifts have led site owners and industry professionals to observe notable swings in their rankings, with different tools capturing these fluctuations at varying speeds. Although the…

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Inside Soft2Bet’s Approach to Combating Betting Improprieties

Inside Soft2Bet’s Approach to Combating Betting Improprieties

Key Moments: Soft2Bet has maintained a real-time, risk-based monitoring system to handle betting fraud and bonus abuse. Investigation cycles are designed to be transparent, efficient, and tailored with targeted interventions. The company continually refines its controls and processes, emphasizing customer fairness and regulatory compliance. Continuous Risk Management Strategies At Soft2Bet, both betting fraud and bonus abuse are persistent risks demanding constant attention. The company recognizes that these threats manifest in various ways – from unusual playing behaviors to coordinated account activities – and thus utilizes discreet and dynamic detection methods.…

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Wazdan Expands US Market Reach With Strategic Delaware Lottery Alliance

Wazdan Expands US Market Reach With Strategic Delaware Lottery Alliance

Key Moments: Wazdan has launched its operations in Delaware through a new agreement with the Delaware Lottery. The company has previously established its presence in Michigan, New Jersey, West Virginia, and Pennsylvania. Delaware players are now able to access Wazdan’s signature gaming features such as Hold the Jackpot™, Cash Infinity™, Collect to Infinity™, Sticky to Infinity™, and Cash Out. Delaware Entry Strengthens Wazdan’s US Strategy Wazdan has cemented its entry into the state of Delaware by partnering with the Delaware Lottery, positioning itself to further increase its influence within the…

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California Court Dismisses Tribal Lawsuit Against State Cardrooms

California Court Dismisses Tribal Lawsuit Against State Cardrooms

Key Moments: A Sacramento judge dismissed the California tribes’ legal case against state cardrooms, citing federal law primacy. The dismissal stemmed from a conflict between Senate Bill 549 and federal gaming regulations. Tribal leaders indicated plans to appeal the ruling, maintaining efforts to assert their gaming rights. Background of the Legal Dispute The legal confrontation began following the passing of Senate Bill 549, which was designed to grant California tribes standing to challenge cardrooms offering player-banked games such as blackjack. The tribes have argued that these games, through third-party bankers,…

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