The Business & Technology Network
Helping Business Interpret and Use Technology
«  
  »
S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
 
 
 
 
 
 
 
 
 

Feed Items

William Hill, the betting giant owned by evoke PLC, has announced the closure of 13 markets worldwide. It follows Paddy Power, which last month announced it would be shutting down 57 high-street shops across the UK and Ireland. The nations affected include Angola, Bolivia, Burkina Faso, Cameroon, Kenya, Mozambique, Nepal, Nicaragua, Nigeria, the Republic of Congo, the Democratic Republic of Congo...
Saudi Crown Prince Mohammed bin Salman Al Saud made light of his involvement in prediction markets during a presidential event as Polymarket makes it way back to the US. The royal from Saudi Arabia was visiting the United States for the first time in seven years to discuss political and economic matters with President Donald Trump, only weeks after Trump’s media company announced plans to add...
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 games. As a result, new rules now apply. Restrictions on offline gaming advertisements will come into effect for 35 countries where these promotions violate the...
The British Advertising Standards Authority (ASA) has taken action against Hutch Games Ltd (F1 Clash), Kabam Games Inc (Marvel Contest of Champions) and Nexters Global Ltd’s (Hero Wars: Alliance RPG) products for misleading disclosures over lootboxes. The three rulings contained multiple detailed explanations of the council’s decisions, accompanied by stern warnings for the trident of mobile game...
The Pennsylvania Gaming Control Board have announced via X that they have officially approved Happy Valley Casino’s plans for slot machines and table games within the property. Exterior sitework at the casino will be completed on Friday (November 21), while work on the front and back of house will be finished by Christmas. The Pennsylvania Gaming Control Board has officially approved Happy...
The UK government has unveiled a maiden Men’s Health Strategy in England, placing a sharper focus on the growing impact of gambling-related harm as men and boys throughout the country will benefit from support and tailored healthcare. Launched on International Men’s Day (November 19), the program aims to help men and boys tackle challenges which are prevalent in everyday life. https://twitter.com...
Polymarket CEO Shane Coplan has branded traditional sportsbooks as a “scam” at a recent media event. Speaking at Axios Live with Dan Primack, the business editor of Axios’s newsletter and a former Fortune journalist, Coplan discussed the legality of prediction markets. Coplan calls traditional sportsbooks a scam Coplan made the blockbuster remarks in relation to his views on sportsbooks being...
During a tense Senate Agriculture Committee hearing on Wednesday (November 19), Michael Selig, President Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC), repeatedly avoided taking a clear stance on sports-related prediction markets. Lawmakers from both sides pressed him directly on whether these markets should be considered illegal gambling, but he seemingly dodged the...
Hong Kong Police have stated that an orchestrated takedown of a HK$1.1 billion ($141 million) Triad gambling network has been carried out. The police issued a video conference around the bust, confirming that ten men and five women were apprehended on suspicion of operating gambling locations, money laundering, and other illegal activities. It comes only weeks after authorities announced the...
The Hysa Organized Crime Group (HOCG), also known as the Albanian Mafia, has been accused of operating casinos on behalf of the Sinaloa Cartel. The news comes from a joint action with the United States Treasury and the Government of Mexico. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) have been working with their...