The Chief Executive Officer of the Gambling Regulatory Authority of Ireland (GRAI) has outlined that the new organization intends to use the “fool toolkit” at its disposal to ensure the Irish public i...
Sheldon Muchmore
Sheldon, an experienced casino and sports betting writer from the United Kingdom, graduated with a Master's in English literature from the University of Malta in 2015. From there, he embarked on a writing career in the iGaming industry, which has seen him write hundreds of casino reviews, helpful guides, and predictions for many sports. He has been a member of the CoinTelegraph team since 2024, and has consistently shown his value. Sheldon is passionate about helping others and uses his extensive crypto knowledge to create clear, precise, and engaging content. He knows exactly what it takes to keep his intended audience captivated, so they can learn with a smile. When he is not typing away or learning more about the ever-changing world of cryptocurrency, he enjoys traveling to new countries and doing voluntary work.
GRAI CEO: “We’ll Use the Full Toolkit” to Protect Irish Gamblers bet365 Expands U.S. Footprint with Illinois Launch Ahead of March Madness United Kingdom-based operator bet365 has become the tenth online sports betting operator to launch in Illinois, just ahead of 2025’s March Madness. The Illinois Gaming Board granted the company a lice...
Swedish Gambling Authority Bans Crypto Casino GG.Bet for Unlicensed Operations The Swedish Gambling Authority (Spelinspektionen) has ordered ASG 360 Services Limited, the operator of crypto casino GG.Bet to stop offering services in the country. Spelinspektionen initiated an inv...
Prediction Market Giant Kalshi Offers NCAA Single Match Sports Events Contracts Prediction market exchange Kalshi is now offering events contracts akin to single-event sports contracts ahead of March Madness. March Madness is America’s largest single-elimination tournament, and K...
Americans to Wager $3.1 Billion on March Madness, AGA Reports The American Gaming Association (AGA) anticipates that Americans will wager $3.1 billion with legal sportsbooks on the men’s and women’s college basketball tournaments dubbed ‘March Madness.’ This wou...
Bill SB 748 Could Open Rhode Island Sports Betting to Competition Four Rhode Island senators have introduced a bill that could end IGT’s sports betting monopoly in the state. Senators Frank Ciccone, John Burke, David Tikoian and Todd Patalano have introduced SB 748....
New Jersey Assemblyman Calabrese Reverses Course, Moves to Ban Sweepstakes Casinos New Jersey Assemblyman Clinton Calabrese has introduced a bill that looks to prohibit online sweepstakes casinos, just weeks after he filed a bill that aimed to regulate them. Assembly Bill 5447 would...
Slovakia Gambling Authority Blacklists 89 More Illegal Websites in 2024 The Slovakia Gambling Regulatory Authority has revealed a report showing the gambling habits of Slovaks for 2024. The report revealed that Slovakian residents wagered €24.2 billion in 2024, with €22.8...
DraftKings Eyes Prediction Markets with NFA Filing for ‘DraftKings Predict’ Sports betting operator DraftKings has filed to register ‘DraftKings Predict’ with the National Futures Association (NFA). The filing is for Gus II LLC, trading as DraftKings Predicts. If it gains reg...
Crypto Betting Ads Unlikely as New Jersey Moves to Ban College Sportsbook Partnerships The New Jersey Assembly has approved a bill that would ban sportsbooks from forming partnerships with college sports programs to provide direct marketing and advertising. Assembly Bill 4113, a carry-o...
Investigation Finds Mastercard and Visa Offered Alongside Crypto Mastercard and Visa have come under fire for allegedly facilitating payments to unlicensed gambling websites specifically targeting UK customers. An investigation, coordinated by Investigate Europe, h...
Parliament in Romania Orders ONJN Leadership to Explain Serious Failings Parliament has ordered the leadership team of the National Office for Gambling of Romania (ONJN) to explain serious failings and irregularities. ONJN’s widespread regulatory failings were discovered a...
BetMGM Announces Job Cuts as Sports Betting Market Slows BetMGM, a joint venture between MGM Resorts International and Entain, has announced that it will cut 83 jobs at its headquarters in Jersey City, New Jersey. According to a public notice filed with the...
Kalshi versus Nevada: The Fight Over Event-Based Betting The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto sportsbooks, ...
Victoria Gambling Commission’s Underage Gambling Crackdown Continues The Victoria Gambling and Casino Control Commission has successfully prosecuted its third venue this year for breaching rules and regulations surrounding underage gambling. On 10 June 2023, a child en...
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Spo...
New Jersey Proposes Gambling Tax Hikes in Budget, Crypto Gets No Mention The latest budget plans in New Jersey propose increasing the tax rate on iGaming and online sports wagering. Governor Phil Murphy’s Summary of Budget Recommendations suggests increasing the iGaming an...
Lottery Courier Model Under Fire in Texas, After State Makes ‘Symbolic Move’ for Crypto Texas Lieutenant Governor Dan Patrick has called for an investigation into relationships between the Texas Lottery, retail stores, and couriers. Recently, the fifth-largest lottery jackpot in Texas St...
New Brazil Gambling Licenses Issued, Crypto Payments Still Banned The newly regulated Brazil online market has continued to expand, with eight more companies receiving full Brazilian licenses this week. The country’s regulator, the Secretariat of Prizes and Bets (SP...
UKGC Under Fire for Hidden Agreements, Lack of Transparency May Impact Crypto-iGaming The UK Gambling Commission has been secretly negotiating deals with betting firms, including surrendering revenues for failings that are not published publicly. First reported in the Observer, the Com...
Baden-Württemberg’s State-Run Casino Model Shuts Out Crypto Operators Baden-Württemberg has become just the third German state to legalize certain online casino games, joining Bavaria and Schleswig-Holstein. For crypto casino gamblers, this is not the most exciting news...
Is Cloudbet a safe crypto sports betting site? Cloudbet is a well-established crypto-only online betting platform that has existed since 2013. Their all-in-one betting platform features casino games, sports, and esports services to wager on. The c...
Victoria Cracks Down on Underage Gambling, Highlights Hurdles for Crypto iGaming The Victoria Gambling and Casino Control Commission (VGCCC) has reported on its most extensive investigation into underage gambling. The findings show regulatory lapses within the regulated gambling s...
NBA 2K Joins Genius Sports For NBA Cup Alternate Broadcast Basketball fans will get a taste of the new NBA 2K alternate broadcast on TNT during the knockout stages of the 2024 Emirates NBA Cup. While TNT will carry the primary broadcast, new NBA 2K25 DataCast...
DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed i...
ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino Penn Entertainment has announced revenue of $1.67 billion for the fourth quarter of 2024, an increase from $1.395 billion in the same quarter of 2024. The company has placed significant emphasis on ES...
Crypto betting firm Stake secures naming rights to Sauber’s F1 Team Cryptocurrency casino and betting platform Stake will feature prominently in the next two years of Formula 1 after securing naming rights to Sauber’s F1 car. The firm takes over from Alfa Romeo, which...