A teen from Finland stole €250,000+ from online casino clients accounts

An observant Finnish teenager defrauded a Malta-licensed online casino out of more than €250,000 last year by spotting and exploiting a software glitch. The casino that fell victim to the scam was not named. The underage man, hailing from the Finnish municipality of Forssa, appeared in the Häme District Court yesterday on aggravated fraud charges. He received 20 […]

£2.2m fine for Paddy Power Betfair over gambling check failings

A Gambling Commission investigation found that the bookmaker Paddy Power Betfair (PPB) fell short to adequately interact with customers who were displaying signs of problem gambling and failed to adequately carry out anti-money laundering checks. Paddy Power Betfair has been fined £2.2m by UKGC over failings which included allowing a punter to gamble away large […]

How Much It Cost to Develop Sports Betting App

In the world of sports, the concept of betting is prominent, and the emergence of online betting in 1997 changed the game greatly. Today, the betting business is taking a huge leap forward with a new concept of “Sports betting mobile app”. It can get any better? International sports betting is estimated market of $250 [...]

2018 Alpha Boot Camp Buenos Aires

The organisers behind SiGMA are bringing the most advanced suppliers from Europe to Buenos Aires to meet with LatAm operators from all over Latin America. We’re taking our first edition of Alpha Boot Camp to Buenos Aires – 150 quality operators and nine suppliers will come together for an all-inclusive tour de force. Why ABC? […]

2018 Affiliate Grand Slam Kiev

The organisers behind SiGMA are bringing the hottest Affiliate event in the industry to Kiev. We’re taking our Affiliate Grand Slam to Kiev – 200 quality affiliates and six operators will come together for an all-inclusive tour de force. Six of the hosts will be iGaming operators, the other six will not be…. we’re going […]

Gambling 2018 – Curacao Jurisiction

Casinos in Curacao can be found in abundance, and all forms of gambling are legal in the country, which used to be part of the Netherlands Antilles. Now a constituent country of the Kingdom of Netherlands, Curacao (Curaçao) has full authority to legislate in most matters including gambling, with some specific – and unrelated – […]

Malta introduces new gaming act

The new Gaming Act, approved by Maltese Parliament on 8 March 2018, together with the subsidiary legislation and Authority-issued binding instruments which establish the detailed processes and procedures constituting the holistic regulatory framework for the gaming sector, came into force today 1 August 2018 after undergoing the EU Technical Regulation Information System (TRIS) process, in […]

Online gaming and betting market expected to reach a value of US$128.2 billion by 2026

According to a market research report published by Transparency Market Research titled “Online Gambling & Betting Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global online gambling and betting market is expected to reach a value of US$128.2 billion by 2026, expanding at a CAGR of 11.8% from […]

New Jersey sports betting generates $3.5 million

New Jersey’s legal sportsbooks fared well in June, but clearly the best is yet to come for the fledgling industry. In the first tangible snapshot since legalization, New Jersey’s sportsbooks generated $3.5 million in gross revenue on $16.4 million in wagers completed in June, according to official reporting released Thursday. Only Monmouth Park, Borgata Hotel Casino and […]

6 Steps to Start an Online Gambling Business

How do you start an online gambling business? Get to know all the legal and development insights from this post. The iGaming industry has registered a consistent growth in the past few years with more and more operators entering the online gambling stage. This means that it’s getting more and more challenging to stay ahead [...]