New Australian government research has shown that gambling has become very common among the population, renewing concerns about gambling harm amid rising living cost pressures. According to a report by the Australian Gambling Research Centre, almost three in four Australian adults (73 percent) gambled at least once in the past 12 months, with 38 percent…
Year After Sports Betting Legalized, Ontarians Wager Over $11.5 Billion in One Quarter
Nearly one year after sports betting was legalized in Canada, Ontarians wagered more than $11.5 billion on sports gambling in the fiscal quarter ending Dec. 31, 2022, an increase of 91 percent over the previous quarter. According to iGaming Ontario, the province’s internet-gambling regulator, the total net revenue in Ontario was $457 million over the…
China’s Communist Cadres Warned Not to Gamble During World Cup Amid Capital Outflow Concerns
It’s not a secret that many Chinese Communist Party (CCP) officials are keen on gambling during the World Cup, and during this year’s FIFA tournament, China’s top disciplinary watchdog warned that gambling is ruining young cadres. A Nov. 24 article of the State Supervision Commission of the Central Discipline Inspection (CCDI) revealed several cases of…
ECB Says Bitcoin Is Artificially Propped Up, Shouldn’t Be Legitimized
Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more akin to gambling, the European Central Bank (ECB) said on Wednesday. Bitcoin and other cryptocurrencies have been variously presented as an alternative form of money and a shield from the inflationary policies pursued by major…
Preliminary Results for California Propositions
November 9, 2022
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In the Nov. 8 General Election, out of about 22 million registered California voters, nearly 4.2 million—or 19 percent—cast ballots, according to unofficial results from the Secretary of State’s office. Here are the updated results as of 11 p.m. Nov. 8. Proposition 1: Abortion The proposition would change the California Constitution to say the state cannot deny…
Dissecting Dueling Gambling Propositions in California
October 25, 2022
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Commentary Most people throw out the campaign flyers that end up in their mailbox before the Nov. 8 election. But they actually tell you a lot about what’s going on, especially for state and local choices. The small print should not be overlooked. Here, I’ll just concentrate on one of weirdest disputes in state history:…
Man Abducted, Killed, and Buried in a Hong Kong Rural Village Over 3 Million HKD Debt
October 1, 2022
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The Hong Kong government has been claiming how safe Hong Kong is since the implementation of the National Security Law, but citizens feel differently. Netizens questioned if the National Security Law had made Hong Kong safer and less chaotic. The public is growing concerned for their safety as there has been an increasing number of…
Philippines to Shut 175 Offshore Gambling Firms, Deport 40,000 Chinese Workers
September 27, 2022
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MANILA—The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously opaque online gaming industry. The sector emerged in the Philippines in 2016 and grew exponentially, as operators capitalized on the country’s liberal gaming laws to…
Australian State Introduces Card-Based Gaming to Minimise Gambling Harm
In a nation first, the Tasmanian centre-right Liberal government is strengthening measures to reduce problem gambling through the introduction of a pre-commitment card, which limits the amount people can spend on poker machines per day, per month, and per year. Deputy Premier and Treasurer Michael Ferguson made the announcement on Thursday in response to the…
Online Gambling to Be Put Under the Microscope
The Australian government will scrutinise online betting and its effect on people with problematic gambling behaviour amid growing concerns about the widespread presence of online gambling platforms in Australians’ lives. The House of Representatives’ social policy and legal affairs committee launched the inquiry into online gambling on Sep. 15 with a stated aim to examine…
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