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Korean iGaming

Korean Authorities expose illegal Foreign Exchange

Korean authorities expose illegal Foreign Exchange Highlights  The Korean Times has reported that 10 people have been apprehended, suspecting their involvement in the illegal transfer of KRW 137bn to the Philippines. As per the Korean law, smuggling gambling-related funds overseas is a serious offence leading to legal penalties. The Korean Customs Service exposed the network …

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Sports Betting

Arizona lowest monthly sports betting handle since August

Arizona lowest monthly sports betting handle since August Highlights  The total revenue generated from sportsbook wagers is $543 million, marking a significant decline of 23.1% from the previous month. The majority of the wagering activity continues to happen online in Arizona. In contrast, retail betting accounts for just $2.6 million. According to reports from the …

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Colombia Gambling

Colombia Gambling funds $225m to Subsidised Health

Colombia Gambling funds $225m to Subsidised Health Highlights  Colombia’s Gambling sector contributes COP 883.9bn ($225m) to subsidised health in H1 2025. National Games have experienced a significant annual growth of 26.9% generating COP 566.5bn, with territorial games amounting to COP 317.4 bn. Coljuegos President Marco Emilio Hincapié has confirmed in his statement that Colombia’s Gambling …

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Gaming Revenue

PGCB Reported a Rise of 11.4% in Total Gaming Revenue for this July

PGCB reported a rise of 11.4% in total gaming revenue for this July Highlights  Pennsylvania Gaming Control Board (PGCB) reported that total gaming revenue reached $557.7 million, marking an increase of 11.4% year-over-year. The growth is driven by iGaming revenue with $228.3 million reflecting a 30.9% increase rate. Pennsylvania Gaming Revenue rose 11.4 % for …

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Denmark Gambling

EURO 2024 Effect: Denmark Gambling Revenue Slips by 17%

EURO 2024 Effect: Denmark Gambling Revenue Slips by 17% Highlights According to data from the national regulator, Spillemyndigheden, the total revenue recorded for the month is $91.3 million. According to the latest information, 62,400 individuals have volunteered to exclude themselves from gambling with licensed operators. Licensed Gaming in Denmark has generated revenue of DKK 585 …

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Betting on AI

Betting on AI: The Next Big Shift in the Gambling Industry 

Betting on AI: The Next Big Shift in the Gambling Industry Highlights  Betting Platforms like Kalshi and Polymarket, which promote betting on the performance of AI models, are gaining increasing popularity. The AI prediction market’s trading volume has risen to $20 million this month. Over the recent decade, AI models have increasingly influenced the gambling …

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Casino

Vietnam Approves Sun Group to Develop $2B Integrated Casino Project

Vietnam Approves Sun Group to Develop $2B Integrated Casino Project Highlights  Vietnam Deputy Prime Minister Tran Hong Ha grants local developer Sun Group permission to build $ the $2B Van Don Casino Project. This integrated casino is accessible to domestic and international players, making this a significant development to countries’ gaming landscapes. The public of …

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Online Gambling

The Philippines Government Is Set to impose a ban on online Gambling

The Philippines Government Is Set to impose a ban on online Gambling Highlights PRAGCOR condemns the total ban on online gambling, instead prompting for stricter regulations. Political Leader Joel Villanueva termed online gambling to be a “growing national crisis” for the Philippines. PRAGCOR, the Philippines operator and regulator, has shown its disapproval of a complete …

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