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Stake.com, a prominent online casino and sports betting platform, has announced its decision to withdraw from the United Kingdom market. This move comes in response to an investigation by the UK Gambling Commission (UKGC) into the company’s advertising practices. Investigation and Shutdown Details The UKGC initiated an inquiry following the circulation of a controversial video featuring Stake’s branding. The video depicted an adult entertainment…
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After nearly two decades of planning, Ireland has passed the Gambling Regulation Bill, marking a monumental shift in how the country governs its gambling industry. Approved by the Oireachtas on October 16, 2024, this landmark legislation introduces the most comprehensive regulatory framework since 1956. The bill establishes a seven-member Gambling Regulatory Authority tasked with overseeing licensing, advertising, sponsorship, and player protections. Among the most…
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Australia’s Star Entertainment Group is facing an existential crisis as the casino giant struggles with financial difficulties and mounting regulatory pressures. The company, which operates iconic casino properties such as The Star Sydney, is seeking urgent financial restructuring to stave off potential administration. With over 9,000 employees depending on its operations, the stakes are high. Star’s woes stem from a combination of increased regulatory…
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Thailand’s government has taken a significant step toward transforming its gambling landscape by approving a draft law to legalize casinos. On January 13, 2025, the Thai cabinet announced its decision, aiming to boost tourism, attract foreign investment, and create substantial economic opportunities. The legislation, which awaits parliamentary approval, would permit gambling within large-scale entertainment complexes strategically located across the country. Currently, most forms of…
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