Gambling

New Jersey lawmakers are weighing a proposal that could decriminalise gambling by those under 21, transforming it from a criminal offence into a civil violation. Under the new legislation, offenders would face fines, and the funds collected would be funnelled into gambling education, prevention, and treatment programmes. The proposed bill also seeks to penalise adults who…

The government of Uzbekistan has taken a significant step in regulating the online gambling and lottery industries. A resolution passed by the Cabinet of Ministers on December 6 and publicly announced on December 12 sets the framework for licensing these activities. This decision follows a presidential decree issued in April 2024, paving the way for…

Gambling.com’s decision to acquire OddsJam has drawn praise from Jefferies Equity Research analyst David Katz, who highlighted the strategic benefits in a December 12 investor note. Katz described the deal as immediately accretive to both earnings and margins, with projections for 20% growth in OddsJam’s business by fiscal year 2025. He also reaffirmed a "Buy"…

The French gambling regulator, L’Autorité Nationale des Jeux (ANJ), has issued a warning to players about the dangers of illegal gambling sites that use the brands of licensed operators to advertise their services on Facebook. The ANJ said that these sites are not authorized to operate in France and pose multiple risks to players, such…

The global gaming industry is undergoing a major transformation, as new technologies, platforms, and consumer preferences are reshaping the market. According to a recent report by PwC, the gaming sector is expected to grow from $184.4 billion in 2022 to $321 billion in 2026, with a compound annual growth rate of 14.7%. This growth will…

The Michigan Gaming Control Board (MGCB) has taken action against three online gambling companies that were operating illegally in the state. The regulator issued cease-and-desist letters to the companies, which were based in the US and overseas, and ordered them to stop offering their games to Michigan residents. MGCB Enforces Online Gaming Laws The MGCB is…