gambling

‘I Was Ready To Lose It All’: UK Man Recovers From Crypto Addiction That Almost Led to Suicide

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‘I Was Ready To Lose It All’: UK Man Recovers From Crypto Addiction That Almost Led to Suicide

Cryptocurrencies like Bitcoin have transformed the financial landscape, offering rapid wealth creation for some but devastating consequences for others. As Bitcoin prices surged to a record £80,802 ($101,537) on 7th January 2025, stories of riches have flooded social media, overshadowing the grim reality of financial ruin and addiction faced by many. Crypto Addiction: A Growing … Read more

Why sin taxes could play a significant role in Britain’s budget

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Why sin taxes could play a significant role in Britain’s budget

Britain’s Prime Minister Keir Starmer meets with Britain’s Chancellor of the Exchequer Rachel Reeves, two days before the announcement on the first budget of the new Labour government, at Downing Street, in London, on October 28, 2024. Hollie Adams | Afp | Getty Images Britain’s Labour government appears poised to raise “sin taxes” in its … Read more

The Rise Of Online Casinos In Latin America: A Growing Digital Trend

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The Rise Of Online Casinos In Latin America: A Growing Digital Trend

The online casino industry is experiencing rapid growth worldwide, and Latin America is no exception. With advancements in internet connectivity, the proliferation of smartphones, and evolving legal frameworks, countries in the region are embracing this digital form of entertainment. This article examines the factors driving the expansion of online casinos in Latin America, focusing on … Read more

Singaporean high roller ordered to pay Australia casino over A$38 million in gambling debt

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Singaporean high roller ordered to pay Australia casino over A million in gambling debt

SINGAPORE: A Singaporean businessman was ordered to pay over A$38 million (S$33.7 million) after racking up a huge gambling debt at a Gold Coast casino, an Australian court ruled on Monday (Sep 9). Judge Melanie Hindman, from the Supreme Court in Brisbane, ruled that Wong Yew Choy – who lost his money at The Star … Read more

South Africa’s betting revenue boom hits record levels

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South Africa’s betting revenue boom hits record levels

South Africa’s gambling industry generated a staggering R47.2 billion in revenue in the past financial year, the highest amount ever recorded. Driven largely by online betting According to The Outlier website, this rocketing growth is being driven largely by online betting, which accounted for more than half the revenue, according to the National Gambling Board’s … Read more

UK Finance Worker Steals £75,000 From Dead Clients To Fund Gambling Addiction And Lavish Lifestyle

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UK Finance Worker Steals £75,000 From Dead Clients To Fund Gambling Addiction And Lavish Lifestyle

KEY POINTS Casagrande worked as a team leader at Target Financial Services in Newport, Wales, providing services to the BBC, Barclays, and Credit Suisse. His partner, Jenna Connor, also admitted to the drug offences, for which she was slapped with a two-year suspended sentence and 250 hours of unpaid work, plus costs. A UK finance … Read more

Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands

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Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands

Chinese coast guard and other forces have used powerful water cannons and dangerous blocking maneuvers against Philippine forces, particularly in the Philippines-occupied Second Thomas Shoal in the South China Sea, since last year. The increasingly hostile confrontations in the shoal and outlying waters have sparked fears they could escalate into a larger conflict that could … Read more

The Mirage, casino resort that changed the Strip, closes; to return as Hard Rock Las Vegas

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The Mirage, casino resort that changed the Strip, closes; to return as Hard Rock Las Vegas

The Beatles-themed Cirque du Soleil show Love ended its 18-year run earlier this month. With gamblers gone, only memories will remain of former casino mogul Steve Wynn’s hotel that revolutionised the casino resort industry. The Mirage’s volcano feature erupts for almost the last time on July 16, not long after the casino-resort’s Beatles-themed Cirque du … Read more

Massachusetts regulators to scrutinize limits on winning sports bettors

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Massachusetts regulators to scrutinize limits on winning sports bettors

Sometimes, winning can be the worst thing to happen to a regular sports bettor. One patron in Massachusetts cashed $13,500 on a $375 wager on any non-QB throwing a touchdown pass in Super Bowl 58. The +3500 ticket cashed when San Francisco WR Jauan Jennings hit Christian McCaffrey with a 21-yard TD pass in the … Read more