Tag: gambling
Personal Finance Daily: Where and how to charge an electric car for free, and will the IRS give me a tax break on my Super Bowl gambling losses?
What Gambling Trends Create New Business Opportunities?
The success of the gambling sector in going online may have opened up some interesting new business opportunities. While the…
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Punters visiting black market online gambling sites tripled during the World Cup
THE number of punters visiting black market online gambling sites tripled during the World Cup, research shows.
A total of 250,000 used unregulated overseas firms during the tournament — up from 80,000 in the same period in 2021.
The betting industry says it takes under 30 seconds to sign up to a black market site compared to 12 minutes for a regulated UK operator.
It comes as ministers prepare to publish a gambling white paper.
Michael Dugher, CEO at the Betting and Gaming Council, said punters face a “dire threat” from “the growing unsafe, unregulated black market”.
He said the regulated industry worked hard to protect young people during the World Cup by adhering to strict regulations while black market operators “preyed on the vulnerable”.
He added: “While the regulated industry was going to great lengths to protect young people during the World Cup and adhering to strict regulations and promoting safer gambling, black market operators were preying on the vulnerable.
“These unlicensed sites offer none of the safer gambling tools promoted by our members, they pay no tax and employ no one, they do not contribute a penny to sport or services tackling gambling harm.
“Rather than dismissing the problem, the regulator and the Government need to tread extremely carefully and resist blanket intrusive affordability checks at low levels that push even more punters to these dangerous sites.”
He praised the research by Yield Sec, a US-based licensed gaming marketplace.
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A Look at the Online Gambling Startup Scene in 2022
There seems to be no end in sight to the meteoric rise of the online casino industry throughout the world….
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A Look at the Online Gambling Startup Scene in 2022
There seems to be no end in sight to the meteoric rise of the online casino industry throughout the world….
The post A Look at the Online Gambling Startup Scene in 2022 appeared first on TechRound.
Top 5 Technologies That Changed Online Gambling
Amid record-high inflation and a relatively unstable political climate, more Brits are putting high stakes in online casinos than ever,…
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