US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Online Gambling News, Financial Press Releases
For the third consecutive year, wagering on US horse racing has declined, with a total handle of $11.26 billion in 2024, representing a 3.35% drop from the previous year’s $11.65 billion. December marked the la...

Allwyn’s Acquisition of Novibet Marks Major Step in iGaming Expansion

Vanja Mitic
Latest Casino and Gambling News, Online gaming software, World Casino News, Gaming Industry News, Technology, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships
Allwyn, a prominent multinational lottery operator, has taken a significant step in expanding its presence in the iGaming sector by acquiring a 51% stake in Novibet. This strategic investment, valued at €327 mi...

Turkey Cracks Down on Illegal Gambling with Influencer Arrests and Nationwide Raids

Vanja Mitic
Turkey, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Financial Fraud, Fines, Lawsuits & Litigation
Turkey's determined efforts to combat illegal betting and financial crimes have led to the detention of dozens of individuals, including prominent social media influencers. Coordinated nationwide operations unv...