UK Treasury Committee Urges Higher Taxes for Riskier Online Gambling

UK Treasury Committee Urges Higher Taxes for Riskier Online Gambling

Key Moments: The Treasury Committee has called for stricter tax distinctions between land-based and online gambling forms Recommendations were made to increase taxes on higher-risk gambling, citing greater societal harm from online platforms Potential tax hikes could raise up to £3 billion annually if rates for Remote Gaming and Machine Games Duties are significantly increased Calls for Policy Adjustments in Gambling Tax The UK Parliament’s Treasury Committee has recommended that the government intensify the distinction between taxation for land-based gambling venues and online gambling platforms, describing the latter as more…

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U.S. Sports Betting Faces Public Trust Crisis as Athletic Integrity Questioned

U.S. Sports Betting Faces Public Trust Crisis as Athletic Integrity Questioned

Key Moments: Over 80% of American sports bettors have expressed beliefs that athletes alter their performance to impact betting outcomes YouGov’s brand sentiment index found DraftKings and FanDuel recorded more than 3% annual declines in reputation Survey of 19,000 Americans took place in the aftermath of high-profile FBI match-fixing arrests Survey Reveals Disquiet Among Bettors A YouGov survey has exposed a significant lack of faith in the integrity of U.S. professional sports, with over 80% of sports bettors reporting a belief that athletes deliberately change how they play in order…

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theScore Fined CA$105,000 by Ontario Regulator for Responsible Gambling Violations

theScore Fined CA$105,000 by Ontario Regulator for Responsible Gambling Violations

Key Moments: AGCO has fined Score Media and Gaming Inc. CA$105,000 for failing to intervene with a high-risk gambler One customer was allowed to wager approximately CA$2.5 million and lose CA$230,000 over eight months without proper oversight theScore breached three sections of Ontario’s Registrar’s Standards, highlighting deficiencies in monitoring and employee training Regulator Imposes Significant Penalty The Alcohol and Gaming Commission of Ontario (AGCO) has issued a CA$105,000 penalty to Score Media and Gaming Inc., the company behind theScore Bet. The regulator identified failures related to responsible gambling protocols, specifically…

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One Third of Americans Believe NBA Faces Illegal Betting by Players and Coaches, Poll Finds

One Third of Americans Believe NBA Faces Illegal Betting by Players and Coaches, Poll Finds

Key Moments: 33 percent of Americans believe NBA coaches and players engage in illegal betting, as reported by the Quinnipiac University Sports Poll 68 percent of Americans view NBA betting misconduct as a problem, with 32 percent labeling it a major issue Public confidence in Commissioner Adam Silver’s oversight stands divided, with only 41 percent expressing confidence Public Perceptions of NBA Integrity A recently released Quinnipiac University Sports Poll shows that 33 percent of Americans believe NBA coaches and players are involved in illegal betting activity. The results arrive in…

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New York Legislature Considers Sweeping Restrictions on Event Prediction Markets

New York Legislature Considers Sweeping Restrictions on Event Prediction Markets

Key Moments: The ORACLE Act proposes to ban most event-based prediction markets for New York users, with few exceptions for broad outcomes. Consumer protections include a 21-year age minimum, self-exclusion requirements, and a ban on credit card deposits for permitted platforms. Violations could result in civil fines up to $1 million per day, with enforcement actions led by the state attorney general. Legislative Proposal Targets Prediction Market Operations A new bill introduced in the New York State Assembly, titled the Oversight and Regulation of Activity for Contracts Linked to Events…

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Bulgaria Implements Higher Gambling Tax in Bid to Tackle Deficit

Bulgaria Implements Higher Gambling Tax in Bid to Tackle Deficit

Key Moments: Bulgaria has approved a gambling tax increase from 20% to 25% of gross gaming revenue, set to apply in January next year. Regulated online gambling in Bulgaria generated approximately €562mn in GGR in 2023, with total GGR from all sectors estimated at €1.1bn. The new tax rate is expected to yield €281mn in annual revenue, covering only about 1.4% of the current national deficit. Policy Shift Targets Fiscal Deficit Bulgaria will raise the gambling tax on gross gaming revenue from 20% to 25%. The change takes effect in…

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NCAA Crackdown Reveals Widespread College Basketball Game Manipulation

NCAA Crackdown Reveals Widespread College Basketball Game Manipulation

Key Moments: The NCAA has suspended six men’s basketball players from three universities for involvement in game-fixing and betting-related violations. The investigation uncovered athletes intentionally altering performance and sharing insider information for financial gain, with payouts of $5,000 reported in connection. Current and prior integrity probes continue, with additional NCAA investigations targeting sports wagering violations across multiple schools. Widespread Suspensions for Game Manipulation he NCAA has suspended six men’s basketball players from New Orleans, Mississippi Valley State, and Arizona State. These bans stem from separate game-fixing investigations. However, the cases…

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Fifth Street Gaming Faces Heightened Regulatory Pressure in Nevada

Fifth Street Gaming Faces Heightened Regulatory Pressure in Nevada

Key Moments: Nevada Gaming Commission schedules a November 20 review of Fifth Street Gaming’s compliance practices. The Nevada Gaming Control Board has recommended a two-year restriction on Fifth Street’s share of sportsbook revenue at Ojos Locos Sports Cantina Y Casino. Fifth Street Gaming has introduced new systems and oversight in response to regulatory concerns, but gaps remain unresolved. Regulatory Scrutiny Intensifies The Nevada Gaming Commission is closely examining Fifth Street Gaming after several audit and tax issues surfaced at the Ojos Locos Sports Cantina Y Casino in North Las Vegas.…

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Stake Casino’s Standing in Canada: A Deep Dive Into Legitimacy and User Experience

Stake Casino’s Standing in Canada: A Deep Dive Into Legitimacy and User Experience

Key Moments: Stake Casino operates in Canada as an offshore entity without provincial licensing. NikCub’s analysis points out the balance between fast crypto-based transactions and increased user responsibility in offshore casinos. Canadian players report positive experiences with Stake’s features but note limitations in local regulatory protections. Expert Overview: NikCub’s Approach NikCub, recognized for his investigations into crypto casinos and digital marketing, has analyzed the dynamics surrounding Stake Casino’s presence in the Canadian market. His research connects the dots between corporate jurisdictions, cryptocurrency infrastructure, influencer outreach, and the positioning of offshore…

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Sweden Sets the Stage for Major Gambling Regulation Shifts Ahead of 2026

Sweden Sets the Stage for Major Gambling Regulation Shifts Ahead of 2026

Key Moments: Sweden will implement new slot machine rules for hospitality venues effective 1 December 2025. Slot machine revenue must never exceed dining income at licensed venues under the updated system. A comprehensive ban on gambling with credit is scheduled to take effect on 1 April 2026. Hospitality Slot Machine Regulations Overhauled The Swedish Gambling Inspectorate, Spelinspektionen, has announced significant adjustments to the way slot machines operate in settings such as restaurants, bars, and leisure venues. Beginning 1 December 2025, these changes will limit the number of slot machines allowed…

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