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The International Olympic Committee takes measures to assure integrity

With just a few days left until the 2016 Rio Olympics, the International Olympic Committee (IOC) and London-based firm, Genius Sports, announced a partnership in order to monitor any possible manipulation of the competitions related to sports betting and to protect the integrity of Olympic events which will start on August 5. With just a […]

Cyprus to expand access to online gambling market

The Republic of Cyprus is proceeding with plans to expand access to a regulated online sports betting market. The president of the Cyprus National Betting Authority (NBA), Ioanna Fiakkou, announced on Thursday that the NBA would begin accepting online betting applications on October 3. The Republic of Cyprus is proceeding with plans to expand access […]

Russia blocks payment processors Skrill and Qiwi

Russian authorities are now targeting payment providers as part of their war with unregulated online gambling. Russian media regulator Roskomnadzor put two payment processors Qiwi and Skrill on the list of banned web sites. Russian authorities are now targeting payment providers as part of their war with unregulated online gambling. Russian media regulator Roskomnadzor put […]

Online gaming bill finally approved in Netherlands

In early July the Dutch Lower House has passed an iGaming bill to regulate online gaming in the country for the first time. Online gaming has remained unregulated in the Netherlands despite many years of attempts by Dutch legislators to bring a regulated online gaming to the country. In early July the Dutch Lower House […]

Russia intends to treat Bitcoin as a foreign currency

According to the domestic media, the government is now planning to label Bitcoin as a foreign currency. Using Bitcoin in Russia would remain prohibited, however such changes would allow the purchase of Bitcoin through exchange platforms. Russian authorities are willing to support changes in the digital currency status in the country. According to the domestic […]

China’s search engine Baidu is under investigation for promoting illegal gambling websites

Domestic media reported gambling websites used China’s largest search engine Baidu to promote themselves. Online gambling is officially outlawed in mainland China since 1949. However, online betting operators found the platform on China’s top search engine during the nighttime. Domestic media reported gambling websites used China’s largest search engine Baidu to promote themselves. Online gambling […]

Global Online Gambling market to Hit 94.4 Billion by 2024

At the moment, the worldwide market size for Internet gambling is at 55 Billion USD (approx. 50 Billion EUR). A report from Zion Market Research claims that the Global online gambling & betting market expected to reach USD 94.4 Billion (approx. 85 Billion EUR) globally by 2024. According to Zion Market Research, the report analyzes […]

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The International Olympic Committee takes measures to assure integrity

Cyprus to expand access to online gambling market

Russia blocks payment processors Skrill and Qiwi

Online gaming bill finally approved in Netherlands

Russia intends to treat Bitcoin as a foreign currency

China’s search engine Baidu is under investigation for promoting illegal gambling websites

Global Online Gambling market to Hit 94.4 Billion by 2024

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