Tag Archives: Gambling

Are gambling markets becoming entertainment first, betting second?

Are gambling markets becoming entertainment first, betting second? Rachael Davies   Suswati Basu     With online betting on the rise in the US and the rise of entertainment-focused prediction markets, is the identity of gambling evolving? The atmosphere of gambling is changing rapidly as more innovations enter the space. Prediction markets are encroaching on … Continue reading Are gambling markets becoming entertainment first, betting second?

Finnish Gambling Act is passed, with gambling market to be opened to competition

Finnish Gambling Act is passed, with gambling market to be opened to competition Sophie Atkinson   Suswati Basu     A new Gambling Act has been approved in Finland, meaning its gambling market will officially open to competition, although only partially. This major reform in the Nordic country will see the national gaming company’s (Veikkaus) … Continue reading Finnish Gambling Act is passed, with gambling market to be opened to competition

Titus urges committee to advance FAIR BET Act restoring gambling deductions

Titus urges committee to advance FAIR BET Act restoring gambling deductions Suswati Basu     Rep. Dina Titus (D-Nevada) has urged the House Ways and Means Committee to advance the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act, legislation that would restore the 100% federal tax deduction for gambling losses. Titus … Continue reading Titus urges committee to advance FAIR BET Act restoring gambling deductions

Punter who sued Betfair after almost $2 million gambling loss loses appeal

Punter who sued Betfair after almost $2 million gambling loss loses appeal Sophie Atkinson   Suswati Basu     Lee Gibson, a multimillionaire “problem gambler,” has lost his appeal in the Court of Appeal, after suing Betfair over losing close-to £1.5 million ($ 2 million) on gambling. Gibson claimed that the betting platform had a … Continue reading Punter who sued Betfair after almost $2 million gambling loss loses appeal

Google announces expansion of offline gambling restriction ads across 35 countries

Google announces expansion of offline gambling restriction ads across 35 countries Ross Kilvington   Suswati Basu     Google has recently announced an expansion of its Gambling and Games policy on Wednesday (November 19). It comes only weeks after the tech giant changed how it classified sweepstakes casino games, which are no longer considered social … Continue reading Google announces expansion of offline gambling restriction ads across 35 countries

Peaky Blinders producer Banijay seals $5B deal to create gambling giant

Peaky Blinders producer Banijay seals $5B deal to create gambling giant Suswati Basu       The producers of hit shows like The Peaky Blinders have put pen to paper on a £4 billion ($ 5.28 billion) gambling deal. Banijay Group (Banijay) is responsible for the Cillian Murphy-led gangster show, alongside other television brands like … Continue reading Peaky Blinders producer Banijay seals $5B deal to create gambling giant

NBA memo issued to all teams details integrity concerns amid gambling scandal

NBA memo issued to all teams details integrity concerns amid gambling scandal Graeme Hanna       The NBA has issued an urgent memo to all 30 teams stressing that “more can be done” to protect the integrity of the game, following the gambling scandal that has rocked the league.  Miami Heat guard Terry Rozier, … Continue reading NBA memo issued to all teams details integrity concerns amid gambling scandal

Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect

Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect Suswati Basu       The UK government is preparing a sweeping overhaul of gambling taxes in its Autumn Budget 2025, which could shake up one of the country’s most profitable yet controversial industries. Chancellor Rachael Reeves has been … Continue reading Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect

Inside the mob-backed gambling ring that just shook the NBA

October 23, 2025 Inside the mob-backed gambling ring that just shook the NBA The FBI dropped a bombshell indictment on Thursday, announcing arrests and criminal charges against dozens of people allegedly involved with gambling and rigging NBA games. The whole thing involved not only some of basketball’s biggest names, but also the mob.  At a … Continue reading Inside the mob-backed gambling ring that just shook the NBA

Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence

Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence – report Rachael Davies After an investigation found ‘irrefutable’ evidence of gambling, it appears Guardians pitcher Emmanuel Clase’s career is over. MLB Insider Héctor Gómez has posted on X that Guardians pitcher Emmanuel Clase will not play in Major League Baseball again, after the … Continue reading Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence