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An anonymous buyer has purchased Casumba in a 12m dollar agreement which was closed on 24th September. The deal with Raketech means no upfront cash but the buyer will pay monthly installments until December 2029 at 8% interest.  At the completion of the deal the deferred payments were valued at roughly 7m dollars with a discount of 5m to reflect credit risk as well…

Internet betting bonuses of any sort have been used to attract people’s attention and increase play but is their method becoming a thing of the past with excitement fading quickly which leaves long term loyalty at risk.  If retention is the end goal then are operators using the best effective option? Today the market pushes operators in three possible directions, one of which is…

YouTube entrepreneur MrBeast has stepped up to help after entrepreneur and philanthropist Erik Bergman was defrauded of $1.25 million in a well organised cryptocurrency scam. The Youtube icon has pledged a $100,000 reward for information that could lead to the arrest of the parties responsible. The co-founder of Catena Media Bergman and founder of the nonprofit project Great.com has revealed that he had become…

A new research has found that the number of new non UK casinos are increasing across small island nations and territories. There have been over 20 jurisdictions now issued online gambling licences, with many of these new regimes appearing in response to tighter rules in Curaçao, the Philippines and the Isle of Man. Researchers warned that these so-called “pseudo regulators” pose serious risks to…

Latvian Government Raising Gambling Taxes In New Budget Plan The Latvian government has put a rise in gambling tax as part of its new budget plan. This will mean that slot machine tax will rise to 7,440 euros per year from 6,204 euros previously. Then your roulette, card games and dice tables will rise to 40,440 euros per table per year from 33,696 euros…

A new inquiry by the Swedish Government has recommended some alterations to the Gambling Act which would make it illegal for unlicensed betting companies to passively accept Swedish players. Currently the laws mean unlicensed operators can allow Swedish nationals to play as long as the site isn’t in the Swedish language or currency but the proposed changes will remove the loophole. The sites that…

British Horse Racing made a stance against the proposed tax changes on Wednesday 10th September 2025 with no British Racing. A giant white horse and a van with the message “Axe The Racing Tax” circled Parliament Square marking a major protest by the Racing industry. This was the first time races were cancelled to highlight opposition to government plans to gambling taxes which racing…

AI or Artificial Intelligence has become a big part of many industries including iGaming. In the Live Casino element of the gambling industry the challenge has been seeing how it could add to the experience without ruining the fact it is a live game and people like to see real dealers and equipment. Players choose live games for its authenticity so it’s like being…

YouGov have done a fresh survey showing that nearly one in three regular bettors would consider turning to unlicensed sites if legal bookmakers change their approach. This was commissioned by the Betting and Gaming Council (BGC) who say that if taxes are raised it would mean promotions and offers would be massively hit. The findings showed that 14% of participants already used the black…

The Gambling Regulatory Authority of Ireland have done a new study and their findings are that players spend up to 11% more with free bets and bonuses.The survey focused on men under 40 and spoke to 622 bettors just before the Euro 2024 football tournament. Participants were shown various betting options with and without special offers to see what they would choose. The key…