Alabama Legislature Proposes New Bill to Crack Down on Illegal Gambling

Illegal gambling is a growing concern in Alabama as lawmakers continue their efforts to legalize gambling within the state. The lack of legal gambling options has resulted in valuable tax revenue flowing to neighboring states, or worse, benefiting the illegal gambling sector. State Representative Andy Whitt is among the lawmakers who are pushing for changes…

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Polygon Labs Accused of Granting Favoritism to DraftKings’ Validator, According to CoinDesk

American gambling company DraftKings was a member of Polygon Labs’ validator community, but it was revealed that DraftKings received special treatment in a highly lucrative deal. DraftKings became a validator for Polygon Labs in early 2022, marking the first time a big publicly traded firm has participated in blockchain governance. An investigation by CoinDesk, a…

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Stakelogic Live Cleared for Launch in Greece – Ready to Go!

The Hellenic Gaming Commission has granted a license to Stakelogic Live, a leading live casino content provider, allowing them to officially launch their offerings in Greece. This news comes on the heels of Stakelogic Live’s recent partnership with Starcasino in Belgium and integration with Princess Casino in Romania. Stakelogic Live’s CEO, Stephan van den Oetelaar,…

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New Study Suggests Connection Between Social Media and Adolescent Gambling, According to The BMJ Survey

A recent study published by The British Medical Journal (BMJ) has raised concerns about the impact of social media on the health of young people, particularly in relation to an increased risk of engaging in harmful behaviors such as gambling. The study, titled “Social media use and health risk behaviors in young people: systematic review…

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Hacksaw Gaming and DraftKings team up for Q4 launch in NJ

Hacksaw Gaming Receives Green Light for New Jersey Expansion Hacksaw Gaming has recently been granted a transactional waiver to commence operations in New Jersey, marking its entry into its second US jurisdiction. The company’s expansion into the Garden State has been made possible through its partnership with the prominent American gambling giant, DraftKings. As part…

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Australia’s Super Funds Reassess Investment in Gambling Stocks

Australia has made significant changes to its gambling industry in response to growing concerns about problem gambling and high per capita losses. The country sees more people affected by problem gambling and punters losing more money per capita than any other country. With losses exceeding hundreds of millions of dollars each month, Australia’s annual gambling…

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