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The City Attorney of San Francisco, David Chiu, has issued a statement as they say they are cracking down on gambling and drug dens that allegedly front as convenience stores.
This update also comes as the San Francisco Board of Supervisors is looking to expand the nighttime safety ordinance that prohibits certain retail stores in high-traffic, ‘drug market areas’ from operating late at night.
In...
BetMGM shared a business update on Wednesday (February 4), stating that 2025 turned out better than expected, and the company is moving firmly toward profitability.
For the 2025 fiscal year (FY 2025), BetMGM posted net revenue of $2.8 billion, up 33% from the year before. That growth came from strong performances across both sides of the business. iGaming revenue climbed 24%, while online sports...
New York Attorney General Letitia James has issued her thoughts on the harms that sports betting and prediction markets can bring ahead of the Super Bowl.
The leading legal light in the Big Apple has stated that betting on sports and outcomes can pose a serious financial risk to vulnerable individuals.
Attorney General James issues sports betting warning
The post from the office of the Attorney...
Polymarket has officially announced ‘New York’s first free grocery store,’ which will open on February 12.
The company shared the news through a series of posts on X, first writing: “After months of planning, we’re excited to announce ‘The Polymarket’ is coming to New York City. New York’s first free grocery store.”
They then expanded on this, by saying they’ve already signed the lease and...
A ‘new prediction market experience’ has been launched by Crypto.com, called OG, which aims to give consumers a new way to trade, engage, and climb the leaderboard.
The company announced the news on Tuesday (February 3) and they explained how OG provides sports fans access to a range of CFTC-regulated sports event contracts, as well as additional event contracts across financial, political,...
The Nevada Gaming Control Board (NGCB) has filed a civil enforcement action against cryptocurrency exchange Coinbase to restrict what the regulator calls unlicensed wagering in violation of state law.
The injunctive action was filed in the District Court for Carson City against the Commodity Futures Trading Commission (CFTC) regulated operator, reinforcing NGBC’s zero tolerance for federally...
The Malta Gaming Authority has warned consumers that four gambling sites are operating unlicensed, despite claims otherwise.
The Malta Gaming Authority has issued a warning that the following sites have no legal gambling license in Malta:
https://www.slotvocalnocasheu.vip
https://www.joypang-0907.com/
http://www.nobet177.com/
https://www.playxfortuna.com/
“Any reference to the MGA and/or gaming...
Gambling advertising spend has continued to fall in the UK, led by a steep drop-off in spending on TV ads.
Gambling advertising spend from licensed UK operators has continued to fall, according to fresh analysis from the Betting and Gaming Council (BGC). The research, conducted by Alvarez...
An Essex County accountant is facing criminal charges after authorities say he stole more than $1.6 million from a longtime client and the client’s two businesses, allegedly using some of the money for personal expenses like sports betting. New Jersey Acting Attorney General Jennifer Davenport and the Division of Criminal Justice announced the charges on January 28.
The defendant, Michael Delia,...
Problem gambling referrals doubled in Northern Ireland last year, as well as a notable rise in women seeking support.
The news comes from Extern Problem Gambling’s Barry Grant and Claire Donegan, who briefed the All Party Group on Reducing Harm Related to Gambling on Tuesday, January 27. The organization offers online and app-based support to those struggling with problem gambling, helping more...