There is nothing unusual in today’s gambling digest. The main of them: Bet365 has agreed to cooperate with Pragmatic Play; GambleAware gives $4.88 million to confessing gambling addiction, more than half of online operators in Asia operate illegally, and perhaps the biggest news: BetMGM cutting staff and investments in New York due to high taxes. It looks like the online bitcoin sports betting market is going to change.
Bet365 became a partner of Pragmatic Play
Major gambling operator Bet365 has entered into a partnership agreement with online casino game provider Pragmatic Play. Bet365 will have access to games like Gates of Olympus and Wolf Gold, as well as the latest versions of Drill That Gold and Chicken Chase.
GambleAware allocates $4.88M to Gambling Harm Research Center
A Center for Gambling Harm Research has opened at the University of Bristol, which will study problems of gambling addiction in Britain. Charity GambleAware donated £4m to launch the project. More than 1.4 million people in the UK are reported to be addicted to gambling.
About 60% of online operators in Asia operate illegally
The Asian Horse Racing Federation has prepared a report on online betting operators in the region. Only 40% of operators operate under local licenses. The rest either do not have licenses at all, or are registered only in foreign jurisdictions.
BetMGM cuts cost in New York due to high taxes
One of the largest US online operators, BetMGM, has announced that it will significantly reduce promotion costs in New York. The company attributes this to an incredibly high tax rate of 51% of total tax revenue. In the first quarter of 2022, BetMGM was the fourth bookmaker in New York based on market share.
IBIA received 88 reports of possible match-fixing in Q2 2022
The International Betting Integrity Association (IBIA) has announced suspicious event alerts in the second quarter of 2022. 32 events were football-related, 27 were tennis-related, 12 were horse-racing, 8 were table tennis-related, 4 were esports-related, and 3 were basketball-related.
Fake cricket league organizers arrested in India
Police in the Indian state of Gujarat has detained four citizens for organizing a fake cricket league. The purpose of the scammers was to attract money from the bets of Russian players. The bets were made on Telegram channels, and then the information was transmitted to the athletes via walkie-talkies so that they would provide the desired result. The scheme worked for about two weeks, but then local law enforcement officers intervened.
Cipher Sports Technology Group Receives $5M Investment
Australian betting company Cipher Sports Technology Group has raised a $5 million investment. The funds will be used to promote activities in the United States. Over the next 12-18 months, the company plans to enter the markets of several more countries.
The World Series of Poker tournament became the second largest in history in terms of the number of participants
The World Series of Poker has recorded the second highest number of players in history in a single tournament. The main event of the series, the $10,000 buy-in tournament, attracted 8,663 participants. There were more players only in 2006, when 8773 players took part in the tournament.
Bitcoin – Dollar rate at 2022/07/15: