Month: January 2025

The integrity of college basketball betting is under scrutiny as several men’s basketball games involving Eastern Michigan have been flagged for suspicious wagering activity. Most notably, a recent game between Eastern Michigan and Central Michigan on January 16 has caught the attention of betting integrity firms after unusual gambling patterns were identified. Integrity Compliance 360 (IC360), a leading sports betting monitor, issued an alert
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China’s Supreme People’s Court (SPC) has reinforced its commitment to combating cross-border gambling, urging stricter penalties for those involved in organizing illicit gambling activities abroad. The court’s latest directive highlights a growing concern over the increasing prominence of overseas casinos targeting Chinese citizens. With technological advancements and the growth of the internet, these foreign gambling operations have become more enticing,
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In 2024, Virginia’s three casinos posted impressive gains, with a total of nearly $732 million in adjusted gaming revenues (AGR), marking an almost 32% increase from the previous year. The state’s gambling sector, consisting of Rivers Casino Portsmouth, Caesars Virginia in Danville, and Hard Rock Hotel & Casino Bristol, has shown strong growth. Rivers Casino Portsmouth led the charge, surpassing its competitors in
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The UK’s Financial Reporting Council (FRC) has launched an investigation into the auditing practices of KPMG, the Big Four accounting firm, with regard to its audit of Entain plc’s financial statements for the year ending December 2022. The investigation, which was confirmed in a statement released on January 20, 2025, focuses specifically on KPMG’s role in examining the gambling giant’s
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The Danish Gambling Authority (Spillemyndigheden) has updated its certification program for betting and online casino in response to the introduction of supplier licenses starting from January 1, 2025. The new regulations, which took effect on January 1, 2025, will become mandatory by July 1, 2025, providing a six-month transition period during which both the old
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The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a further reduction in Electronic Games (E-Games) fee rates, bringing them down from 35% to 30% effective January 1, 2025. This decision is part of PAGCOR’s broader initiative to curb illegal gambling and stimulate growth in the regulated sector. According to PAGCOR Chairman and CEO Alejandro
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