Attempt to arrest Brazilian music star highlights boom in online gambling
Updated: 2024-09-30 22:50:56
Arrest order for Gusttavo Lima, swiftly overturned, shows unregulated betting as criminal headache and health crisisIn less than 24 hours, Gusttavo Lima, one of the most famous Brazilian country singers, sang at a rodeo in rural São Paulo state, watched Akon perform at the Rock in Rio festival, jetted to Miami – and became the target of an arrest warrant on suspicion of money laundering.A judge issued the warrant late on Monday, saying Lima was suspected of links to illegal online gambling.Continue reading...
As gambling revenue has increased in recent years, so has the need for gambling prevention and treatment – but the industry has largely avoided this issueThe gambling industry contributes billions to the US economy, provides jobs and has become a popular form of entertainment. Legislators and government officials celebrate the huge tax revenue generated by this booming industry.But this financial focus should not overshadow the importance of addressing the growing number of problem gamblers. Continue reading...
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Campaign for Fairer Gambling report claims betting ‘had the effect of reducing economic activity by £1.3bn per year’Ministers face calls to impose higher taxes on the multibillion-pound online gambling industry as a report claims it has had a “negative impact” on the UK economy.<pThe report, commissioned by the Campaign for Fairer Gambling and produced by economic consultancy National Economic Research Associates (Nera), claims the rise in online gambling has been “detrimental to the British economy”, diverting money from other sectors that create significantly more economic activity. Continue reading...
Premier League fans exposed to almost 30,000 messages in one weekend despite restrictions, research findsMinisters have been urged to intervene to stop football clubs from setting their own rules on curbing gambling advertising, after research showed Premier League fans were bombarded with nearly 30,000 gambling messages on a single weekend.Clubs in the top flight have so far avoided compulsory restrictions on gambling sponsorship, instead addressing public concern through voluntary measures such as a ban on front-of-shirt logos, starting in 2026. 
Betting and Gaming Council estimates real figure could be £4.3bn – but enforcement is only ‘part of solution’Gamblers in Great Britain are betting £2.7bn a year through hidden-market websites, according to a lobby group that claims stricter regulation of the licensed sector would further fuel illegal gambling.The Betting and Gaming Council (BGC) published a study estimating that 1.5 million British people placed bets with an illicit industry that was easy to find and already commonly used. Continue reading...
Gambling Commission accuses $4.3bn business promoted by Premier League of providing unlicensed gamblingBritain’s Gambling Commission is to prosecute Sorare, a multibillion-pound company that makes a fantasy football game promoted by the Premier League, for providing unlicensed gambling.Sorare, which is valued at $4.3bn (£3.21bn) and counts major international investment firms such as SoftBank among its backers, will appear in court on 4 October in what will be an extremely rare use of the gambling regulator’s prosecutorial powers. The company denies the charge of unlicensed gambling. Continue reading...
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The vital difference between responsible and problem gambling and tips to keep you safe when playing By Jeremy Olson Gambling is supposed to be about fun and entertainment— and that’s what it is for a responsible gambler. But how do you know if you’re a sensible player? If you’re not one, how do you […]
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