With the latest round of elections now concluded in the United States, and Donald Trump and his running mate, JD Vance, bound for the White House next year, sportsbooks have not wasted any time, listing the odds for the 2028 election. Kalshi Already Posting Odds for Next US Elections Anyone who is keen to get an early start for the next election cycle can do so right away, with bettors now racing to bet on who the Democratic and Republican nominees for the next showdown will be, and who will become the United States’ 48th president. Prediction market Kalshi, which topped the Apple App Store ..read more

One of the world’s most controversial bookmakers takes bets on thousands of amateur sports events live-streamed to its website. The locations of the games are a secret. Bellingcat has geolocated sites in three countries where these matches are played.  In a curtained-off gymnasium six men play football for “Arsenal” and “Real”. There are no spectators in the unnamed complex and no referee can be seen on the sidelines. A single camera shoots the game from one end of the pitch, a grainy recording more consistent with security footage than a sports broadcast. With 32 seconds left on the ..read more

Lucas Paqueta has slammed "entirely false" claims surrounding his ongoing alleged betting breaches probe. Reports recently claimed that the West Ham star had been summoned to a hearing later this month relating to the allegations. It has also been claimed that he could be facing a lifetime ban should he be found guilty. And Paqueta has now shared a furious statement on social media responding. He wrote: "I am frustrated and upset to have read recent misleading and inaccurate press articles, published in both England and Brazil, claiming to disclose information about my case. Some of that inf ..read more

The Brazilian government has added Stake, Hiper Bet, and LBBR to its official whitelist of betting operators that have received approval to operate within the transition period from 1 October to 31 December before the nation launches its regulated betting sector. These additions bring the total number of authorized operators to 96, which manage 213 live brands. Approved Operators Can Get a Crucial Headstart Stake and Hiper Bet received approval for one domain each, while LBBR filed its luck.bet, 1pra1.bet, and startbet.io brands. The Brazilian government’s Secretariat of Prizes and Betting ..read more

Any motorist or dog-walker traversing the narrow lanes around Denise Coates’ home in Cheshire would most likely stray within range of one of the many CCTV cameras that jut out from the surrounding foliage. These towering hedgerows, interrupted by sturdy security fences, hide not a military base or a top secret research facility but a family home, albeit one of immense proportions. The 21-hectare (52-acre) estate is large enough to accommodate landing space for the helicopters that neighbours have seen ferrying people in and out. Inside the gates, there is a lake, boathouse, tennis courts, hor ..read more

Several years ago, in April 2020, the United Kingdom became the first country to implement a complete ban on the use of credit cards for online and retail gambling. More than four years after the implementation of the ban, new research probed into the impact of the measure, how it affected gamblers and whether or not some consumers changed their behavior in light of the ban. A report on the evaluation of the credit card ban in the UK was released Thursday by the National Center for Social Research. The evaluation of the credit card ban outlined strategic objectives, including determining the ..read more

The Secretariat of Prizes and Betting (SPA) has completed the technical framework required for the government of Brazil to launch a federal online gambling market – commonly referred to as ‘Bets’. On Friday, the SPA submitted ordinance No.1231 to the government, outlining its rules and technical guidelines for responsible gambling with regard to marketing, communications, and advertising of the Bets market. The document supports previous SPA ordinances on IT securities, AML, licensing criteria, and game authorisations to guarantee the launch of a legal framework for “ethical and licensed gam ..read more

Fiona Simmons July 15, 2024 3 min read Fact-checked by Angel Hristov Walmart to Enter the Lottery Sector & Launch iLottery App Walmart’s exact plans are still unknown and may take time to come to fruition but, according to Lottery Geeks, the shift toward lottery gaming is already underway A Walmart shop Image Source: Shutterstock.com Multinational retail giant Walmart revealed that it is preparing a lottery push, hoping to capitalize on the increased demand for lottery products. At its annual summit in April, the company told lottery vendors that it plans to offer lottery and iLottery ..read more

 Cyprus’ betting sector witnessed growth in 2023, with the gross betting revenue reaching €1,109,209,082. This represents a 16% increase compared to the previous year (€959,557,906). The rise in revenue can be attributed to various factors, including the rise in both land-based and online betting activities. The betting industry in Cyprus is divided into two categories: Class A (land-based betting) and Class B (online betting). In 2023, Class A recipients generated a total gross revenue of €90,487,835, while Class B recipients accounted for €235,113,629. These figures indicate an 8% incr ..read more

 Spanish consumers must declare profits from online gambling winnings in 2023 self-assessment income tax returns. The directive comes from the Agencia Tributaria (AEAT), the Tax Agency of Spain’s Ministry of Finance, where Director General Soledad Fernández is increasing scrutiny on profits from online gambling, cryptocurrency transactions, property rentals, and foreign income. Before the 2023 income tax filing period, AEAT issued approximately 2.9 million notices to taxpayers, ordering them to declare profits from these activities. This includes the first-ever notices concerning onlin ..read more