Concern as gambling black market set for £40m Royal Ascot boost Sport Business Illicit Royal Ascot betting could boost the gambling black market industry by £40m as punters get drawn in by unregulated operators. The horse racing spectacle is underway in Berkshire with 300,000 fans expected across five days of Royal Ascot racing. But many punters across the racing diaspora are turning to black market betting, with regulations [...]
Children as young as 14 are being targeted by unregulated gambling firms on social media Sport Business Children as young as 14 are being targeted by unregulated gambling firms, with AI-generated tipsters, influencers and the manosphere blamed for exploiting teenagers on social media. Over 30 unregulated gambling sites – such as Stake and Rainbet – are accused of targeting UK users primarily aged 14-25, according to new data collected last month by [...]
World Cup office sweepstakes could leave employers facing legal red cards Legal With the World Cup set to kick off on Thursday, many offices across the City will be gearing up to offer employees the chance to participate in competitions – known as sweepstakes – to place informal bets on who might win. Sweepstakes involve participants paying a fee into a cash pot and being randomly assigned [...]
Sport data giant Sportradar slapped with lawsuits in UK and US April 1, 2026 The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar. Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]
Formula 1 signs first ever official betting operator in multi-year deal March 5, 2026 Betway has announced a deal with Formula 1 in a move that will see the motorsport agree its first ever betting operator sponsorship. The move, which is not a global sponsor, spans Europe, the Middle East and Africa, as well as Canada and Mexico and sees Formula 1 enter the betting market. Betway platforms will [...]
Premier League clubs face unlicensed gambling firms ban February 23, 2026 Premier League clubs could be banned from being sponsored by a plethora of betting firms as the government looks to crack down on illegal gambling. Despite a voluntary move by Premier League clubs to remove gambling and casino sponsors from the front of shirts from next season, those brands can move to sleeves and maintain [...]