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In early July, the Mazhilis of the Parliament of Kazakhstan made amendments to the current gambling law. The new legislation was signed by the President of the Republic of Kazakhstan Kassym-Zhomart Tokayev.
India's Finance Minister Anurag Thakur said the country should legalize sports betting to weed out corrupt practices such as match fixing. Speaking at and ICICI Securities event. “My suggestion will be to legalise betting and gambling activities, which are underground. They continue to exist in our society,” he said.
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With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
Recent changes to Kazakhstan’s sports betting law are likely to fuel black market gambling and slash tax revenue for the government, experts say.
India’s Premier League has resumed play and alongside the game, there has been an increase in illegal gambling.
TAB NZ said sports betting turnover in August jumped 36 percent, helped by a condensed sporting calendar, with seasons overlapping when normally they would not.
Caesars Entertainment says it’s in advanced talks to buy William Hill for GBP2.9 billion ($3.7 billion) to position itself to take full advantage of the expanding U.S. sports betting market.
French casino group Barriere has become the latest bricks and mortar casino to tap into online gaming, entering into a partnership with Betconstruct to launch BarriereBet.