Recent content by Yugocean

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    Victoria Club slammed for taking advantage of loopholes in tax laws

    The Victoria Club spent its $184 million gambling proceeds in the previous fiscal year on itself as a community benefit, taking advantage of local regulations to avoid paying property taxes on poker machines. The Victoria Club has faced criticism for this, and Joseph Haweil, the mayor of Hume...
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    Circa got licence for Silverton Casino

    The licence authority, NGCB, has approved Circa Sports' request to operate Sportsbook at Silverton Casino Lodge. Circa Sports is a Nevada-based, fast-growing sportsbook; it also has locations in other states. Circa's location for Silverton is located near the Las Vegas Strip. However, Circa...
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    Indian Politics in Gambling App scam

    In the Indian state of Chhattisgarh, Chief Minister Bhupesh Baghel has been accused of taking protection money from the underworld-linked gambling app - Mahadev app. The ED (Enforcement Directorate) has initiated an investigation, and a huge amount of cash worth several million dollars has...
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    Oversea gaming companies not bothred to Indian pressure

    Online gaming platforms in India are subject to Goods and Services Tax (GST) of 28 percent on the full value of bets placed, but foreign companies do not provide any details. To control these, India had amended the GST law and made it mandatory for foreign online gaming companies to do GST...
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    Billion dollar Notice to Indian Gaming companies

    A 28% GST has been imposed on gaming companies to curb gambling in India, but many companies are avoiding imposing it as it could make gambling more expensive and drive their customers to foreign companies. Now the GST Council has come down hard on this and sent a show cause notice of Rs 1 lakh...
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    Mahadev App and Kheloyar App in controversy

    Mahadev App and Kheloyar App are two gambling apps; both promote gambling with responsibility. Mahadev App was found cheating players by presetting win and lose to take money from them, and Kheloyar App was supporting banned sports betting and found directly linked with wanted terrorists...
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    Stake.com hacked of $41.3 million

    Even casinos are no longer secure; just now, top crypto casino Stake.com was exploited and suffered a $41.3 million hack from its ETH/BSC hot wallets. This forced the casino to briefly halt all services, including withdrawals, before resuming them. Stake still wants to stay in business, and its...
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    Elon Musk vs Mark Zuckerberg street fight MMA betting

    A prank tweet by Elon Musk calling for a street fight with Mark Zuckerberg has been taken very seriously by some gambling groups. Can you guys bet on anyone too? A sports betting platform called Oddspedia has found that Zuckerberg is BJJ-trained and a strong contender to win against Musk, who is...
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    PCA $50k SHR ended

    The "PokerStars Caribbean Adventure $50k 7-Hand" tournament has ended. The tournament was played by 29 entries. The title was won by Conor Beresford, a poker star from England. Beresford was able to gain the title in over 20 attempts at the $25k+ buy-in level and made $436812, which was the...
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    Indian Minister Wants To Ban Gambling

    I too am in favour of banning these ads, these companies are forced to follow responsible gambling guidelines in most of the countries, so they become irresponsible in other countries where gambling is not controlled.
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    Penn Entertainment removes risk-free from material

    Penn Entertainment, a gambling company in the Commonwealth of Massachusetts, has come under fire for touting its gambling advertisements as "risk-free," and is now under pressure from regulators to remove such advertisements. In fact, gambling is never risk-free, but as a rule, it is the...
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    Rob Moore has criticized celebrities for Gambling ads

    Podcaster Rob Moore has criticised celebrities and sports commentators who advertise gambling. There is a growing opposition to gambling advertisements by celebrities Moore called it a rip-off of the poor in a crumbling economy and called on celebrities to reform instead of making money from...
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    Sports Betting is up is US

    Whith Ohio, sports betting is now legal in 30 US states, although there are still some that do not support gambling in sports. The gambling industry is growing. Gambling companies are paying sports celebrities to promote their advertisements; this is becoming a contentious issue. The...
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    Indian Minister Wants To Ban Gambling

    Union Minister of State Rajeev Chandrasekhar has demanded a ban on playing and promoting gambling websites. For this, emphasis has also been placed on ending the permission for betting websites to advertise. Due to this, the sword of ban is now hanging over many online casinos doing business...
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    NFT Creator DNP3 Bankrupts in Gambling

    Twitch streamer who goes by the name DNP3 has declared bankruptcy due to gambling. DNP3 is credited for issuing the Goobers NFT series on Ethereum blockchain, earning him over 950 ETH. DNP3 is also the founder of CluCoin $CLU, Gridcraft P2E Metaverse, and Xenia, and has also admitted losing...
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