Latest News
U.S. Online Gambling Losses to Pass $1 Trillion by 2028
Recent estimates by the World Health Organization (WHO) project the legal global online gambling market will reach $700 billion annually by 2028. Meanwhile, YieldSec, commissioned by the Campaign for Fairer Gambling (CFG), has estimated that the U.S. illegal online gambling market was valued at over $40 billion in 2023. Considering the market has been active for nearly 25 years, U.S. consumers and the economy are projected to lose at least $1 trillion to online gambling by 2028.
Derek Webb, founder and funder of the Campaign for Fairer Gambling, commented: “With this latest health guidance from the WHO, the prospect of class action litigation, predicated on duty of care liability, against the legal online gambling market has increased. This is especially relevant where consumers have been induced into gambling beyond their means. Operators should already implement robust ‘know-your-customer’ procedures to ensure that funds used are not laundered or derived from criminal activity.”
The concept of “Duty of Care,” a legal obligation to prevent harm caused by negligence, has seen limited application in litigation against gambling operators. However, DraftKings is currently the subject of a lawsuit alleging that a gambler’s addiction was “nurtured” by the company.
Online gambling operators often use sign-up offers and ongoing bonuses to attract customers and intensify gambling activity. These tactics not only draw novices into gambling but also push casual gamblers toward riskier, excessive consumption.
Research on the Total Consumption Model shows that increased gambling consumption at a population level leads to higher individual harm. When legal online gambling is combined with illegal gambling, overall consumption rises, further exacerbating harm.
The WHO emphasizes the need for universal, population-wide public health policies to combat gambling harm. Among the seven strategies it recommends is “ending gambling advertising, promotion, and sponsorship of sports and other cultural activities.”
Some state attorneys general have issued “cease and desist” letters to illegal operators, such as Bovada, a site licensed in Curacao. However, enforcement remains inconsistent. If Bovada exits a state, other illegal operators often step in to fill the void in the absence of rigorous federal enforcement.
Webb added: “States giving tax breaks to any form of gambling or gambling promotion should consider whether they are exposing themselves or their regulators to litigation risk. Legislators and regulators cannot continue to rely on the theory of responsible gambling, which shifts the burden of harm prevention onto individuals, while ignoring the WHO’s recommended strategies to control online gambling harm. Promoting legalization as a way to reduce gambling addiction or eliminate illegal gambling is misleading and unsustainable.”
Latest News
Plaza Hotel & Casino offering free stalls to temporarily rehome horses affected by the California wildfires
With more than 75 uncovered stalls available year-round at its equestrian facility, the CORE Arena, the Plaza Hotel & Casino is offering the stalls. for free to any horses that need to be temporarily rehomed due to the devastating wildfires in Southern California.
The 10 ft. x 10 ft. stalls are adjacent to the venue’s large dirt arena where owners can exercise their horses daily.
The Plaza will also offer complimentary feed, waterlines, clean up, and trailer parking onsite.
“The wildfires in California have been devastating, and when we learned how they are displacing horses, we saw a unique opportunity to help the animals and their owners who may have limited options to rehome them as they rebuild,” said Jonathan Jossel, CEO of the Plaza Hotel & Casino.
Latest News
Stake Peru secures official sponsorship of FBC Melgar
FBC Melgar has proudly confirmed Stake as its new Official Sponsor for the 2025 season. This strategic alliance strengthens the club’s commitment to growth and success, marking a significant milestone in the history of “El Dominó.”
Stake, recognised as one of the world’s leading online betting platforms, will feature its logo exclusively on the chest of the men’s first team jerseys.
Additionally, Stake will also appear on the chest of the women’s team and Liga 3 jerseys, marking a historic milestone for the club as it is the first time FBC Melgar’s Official Sponsor has supported all these categories comprehensively.
This agreement highlights Stake’s commitment to FBC Melgar and its support for the club’s growth across all its categories.
Ricardo Bettocchi, Administrator of FBC Melgar said: “This alliance with Stake reinforces our commitment to keep FBC Melgar as a reference in Peruvian and South American football. Having the support of an international brand that trusts our project is a great step to continue strengthening all our categories. We are excited about the benefits that this collaboration will bring to our institution and to the entire ‘rojinegra’ family.”
The partnership includes various initiatives aimed at enriching the fan experience, both at the stadium and through special activations and exclusive benefits. With this sponsorship, Stake and FBC Melgar strengthen a bond that promises great achievements both on and off the field.
Stake expanded its regulated market footprint by securing casino and sportsbook licences to launch in Peru’s online gaming market last year. The operator also has a strong regulated presence in Latam through Stake Colombia, and Stake Brazil.
Diana Otálora, Latam Manager at Stake, stated: “At Stake, we are proud to partner with FBC Melgar, a historic club that represents passion and excellence, reinforcing our vision of connecting with sports communities in Latin America and actively contributing to their success. This agreement, in the context of the growing regulated market in Peru, reflects our intention to contribute to the development of football at all levels and our presence in the region.”
As part of this collaboration, Stake Peru is launching unique promotions for “rojinegros” fans. Users can register at stake.pe using the affiliate code DOMINO to receive a free bet of S/20 to enjoy a complimentary wager and experience the excitement of football with even more passion.
Asia
Natural8 India welcomes 2025 in style with Natural8 India X APT Manila Classic 2025
Welcoming 2025 in spectacular style, Natural8 India has announced its latest India Exclusive, Natural8 India X APT Manila Classic 2025, to the delight of poker enthusiasts across the country. The multi-table tournament, scheduled to take place on January 19, will offer participants a chance to fight for the massive event prize pool and the glory of winning a prestigious APT Trophy. But that’s not all, for nine finalists will also secure an all-expense paid trip to participate in APT Manila – competing for the grand prize at a grand stage with some of the sharpest poker players in all of Asia!
With a buy-in of only INR 5,500, Natural8 India X APT Manila Classic 2025 will offer flight and stay packages for nine finalists, worth up to INR 100,000 each, for the upcoming APT Manila Classic. In addition, the top four finalists will secure a Main Event ticket worth INR 90,000 each at APT Manila Classic 2025, while the other five will win Mini Main Event tickets worth INR 37,000 each. The tournament also has various satellites running daily from January 12 to January 19, with a buy-in of just INR 550.
Speaking on the upcoming India Exclusive, Kunal Patni, Executive Director and Country Head – Natural8 India, said, “2024 was a spectacular year for Natural8 India and the broader Indian poker community. Throughout the year, we saw a strong response to the various India Exclusives, which not only nurtured the country’s growing poker landscape but also connected poker enthusiasts to the broader Asian poker scene on a more consistent basis. We took 23 players to various APT events in 2024 through these India Exclusive APT events. With the Natural8 India X APT Manila Classic 2025, we expect a similarly stellar response, especially with mega bonus on offer worth up to INR 15 lakh. Our latest India Exclusive will set the tone for the rest of the year and give poker enthusiasts and professional players across the country a chance to start 2025 on a bang!”
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