Criminal Group Attempts to Extort Kraken Exchange, Company Refuses to Comply iGame

Criminal Group Attempts to Extort Kraken Exchange, Company Refuses to Comply

(AsiaGameHub) - Kraken reported that a criminal organization is attempting to extort the platform, though the company emphasized that its core infrastructure remains secure and customer assets were never in jeopardy. Key Details Kraken confirmed that no system compromise put user funds at risk. Approximately 2,000 accounts may have been accessed during two separate events. The exchange stated it will neither negotiate nor provide payment. Kraken Declines Extortion Demands Kraken stated that criminals threatened to leak footage of internal systems displaying user data unless the exchange complied with their ultimatums. Chief Security Officer Nick Percoco declared that the firm will not yield. “We are currently facing an extortion attempt by a criminal group threatening to publish videos of our internal platforms showing client information if we do not meet their demands. It is vital to highlight the most critical facts: our systems were never compromised; assets were never at risk; we will not pay these individuals; and we will never negotiate with bad actors.”Kraken noted that only a tiny fraction of its user base was affected. According to Percoco, roughly 2,000 client accounts, or 0.02% of all customers, were potentially viewed across both incidents. “In both cases, only a very small number of client accounts were potentially exposed—roughly 2,000 in total (0.02% of our users). Based on the intelligence gathered from both events and our extensive analysis, we believe there is sufficient evidence to identify and arrest those responsible.” The exchange traced the initial incident to February 2025 after receiving a tip about a video on a criminal forum that appeared to show access to customer support tools. The individual involved, identified by Kraken as a member of the support team, had their access revoked immediately, and impacted clients were notified. A second similar event occurred later and was handled by Kraken in the same fashion. Following those measures, the group behind the content allegedly issued extortion demands, threatening to leak the videos through social media and news organizations. Kraken stated it is now collaborating with federal law enforcement and industry partners across multiple jurisdictions. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Washington Seeks Complete Overview of Gambling-Related Funds in Sports iGame

Washington Seeks Complete Overview of Gambling-Related Funds in Sports

(AsiaGameHub) - Senator Richard Blumenthal has set a May 1 deadline for every major U.S. sports league to provide details about their gambling partnerships. As Washington examines betting connections across sports more closely, the pressure now extends beyond sportsbooks to include prediction markets. Good to Know Blumenthal dispatched letters to the NFL, NBA, MLB, NHL, MLS, and NCAA. He is seeking specifics on sportsbook agreements, data contracts, advertising deals, and prediction market partnerships. The MLB, NHL, and MLS already have publicly known connections to prediction market operators. Senate Pressure Reaches Every Major League Blumenthal sent letters to the commissioners of the NFL, NBA, MLB, NHL, MLS, and NCAA, requiring a complete report of each organization’s relationship with the gambling industry by May 1, 2026. The scope extends far beyond sportsbook sponsorships; he also wants information on data agreements, advertising deals, prediction market partnerships, and any other commercial arrangements linked to wagering platforms. “Eight years ago, when the federal sports gambling ban—one that the leagues backed—was overturned, gambling began to seep into every part of sports,” he stated in relation to the letters. “This unchecked growth of sports gambling has led to increased addiction, risks to players, and even the potential corruption of the games themselves.” Since the Supreme Court lifted the federal sports betting ban in 2018, leagues have developed stronger business connections in areas like betting, media, data, and fan interaction. Now Congress is requesting documentation of these ties.Blumenthal has frequently targeted platforms like Kalshi and Polymarket, claiming they attempt to offer sports betting products while evading the state regulations that licensed sportsbooks must follow. His recent letters indicate he wants to understand the extent of sports leagues’ current partnerships with these companies. Several of these connections are already public knowledge. The MLB named Polymarket its Official Prediction Market in a three-year deal valued at up to $300 million. The NHL holds licensing agreements with both Polymarket and Kalshi. The MLS also has a marketing pact with Polymarket. The NBA hasn’t revealed any prediction market deals yet, though Commissioner Adam Silver has noted the league is exploring the sector. The NCAA differs from professional leagues. It has opposed gambling partnerships and strongly resisted prop bets related to college sports. NCAA leaders have also cautioned that sports event contracts on prediction platforms could compromise game integrity in college sports. Despite this, Kalshi has listed college sports markets, including tournament games. Blumenthal is positioning the disclosure as a foundation for more comprehensive federal action on gambling. Thus, the leagues’ responses might do more than just address a Senate letter—they could influence the upcoming debates over sports betting regulations, prediction markets, and the very definition of gambling. FAQ Which leagues received letters from Blumenthal? The NFL, NBA, MLB, NHL, MLS, and NCAA each received a letter from Blumenthal. What is Blumenthal requesting from these leagues? He is asking for a detailed breakdown of their relationships with the gambling industry, including sportsbook agreements, advertising partnerships, data contracts, and prediction market connections. What is the deadline for responses? Leagues are required to submit their responses by May 1, 2026. Why are prediction markets included in this inquiry? Blumenthal claims that platforms like Kalshi and Polymarket attempt to offer sports betting products while bypassing the regulations that licensed sportsbooks are subject to. How does the NCAA differ from the other leagues? The NCAA has taken a stance against gambling partnerships and has warned about betting products linked to college sports—particularly prop bets and sports event contracts. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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US Treasury Imposes Sanctions on Two Mexican Casinos Linked to Drug Cartel iGame

US Treasury Imposes Sanctions on Two Mexican Casinos Linked to Drug Cartel

(AsiaGameHub) - U.S. authorities have targeted two Mexican casinos linked to Cartel del Noreste, expanding an existing sanctions campaign that has already hit the group’s leadership and affiliated networks to now include these gambling venues. Good to Know OFAC issued sanctions against Casino Centenario, Diamante Casino, and their operator CAMSA on April 14. Treasury confirmed one of the casinos functioned as a money laundering hub, drug stash house, and torture site. U.S. persons are now banned from most transactions with the entities, and a limited license for winding down existing operations is in place. Casinos Became Part of the Cartel Business The U.S. Treasury, via its Office of Foreign Assets Control, sanctioned Casino Centenario and Diamante Casino, both connected to Cartel del Noreste. Treasury also designated Comercializadora y Arrendadora de Mexico, S.A. de C.V., known as CAMSA, which operates both casino properties. One of the two casinos is located just two miles from the U.S. border. According to OFAC, Casino Centenario based in Nuevo Laredo, Tamaulipas was far more than just a money laundering front. Treasury stated CDN used the property to store fentanyl pills and cocaine, clean illicit proceeds through legitimate gambling activity, and use backrooms to torture and intimidate people the group sees as enemies. CDN members also visited the venue on a regular basis. Diamante Casino, located in Tampico, Tamaulipas, was also included in the sanctions action. The property operates the gambling website diamantecasino.com.mx, which ties the case not only to land-based gaming but also to online casino operations. This gives the sanctions action broader relevance for the entire industry. For regulators, compliance teams, gaming operators, and payment providers, the case illustrates how quickly casino operations can become tied to sanctions risk, anti-money laundering reviews, and cross-border enforcement. CDN, formerly known as Los Zetas, has operated for decades across Tamaulipas, Coahuila, and Nuevo León. Treasury has linked the group to fentanyl trafficking, as well as smuggling of methamphetamine, heroin, marijuana, and cocaine, plus human smuggling, kidnapping, extortion, and political corruption. In February 2025, the United States designated CDN as a Foreign Terrorist Organization. Prior to that, the group was already classified as a specially designated foreign narcotics trafficker and transnational criminal organization. Nuevo Laredo remains a central hub for CDN’s network. Controlling the area gives CDN influence over drug trafficking and human smuggling routes entering the United States through the busiest inland trade crossing on the southern border. Treasury says the group uses this position to extort businesses and shipments, while bribing politicians and journalists. Three individuals were designated alongside the casino entities. Eduardo Javier Islas Valdez, known as “Crosty,” allegedly oversees human smuggling operations in Nuevo Laredo and controls cash stash houses across the city. Juan Pablo Penilla Rodriguez, a defense attorney, allegedly acts as an intermediary for imprisoned CDN co-founder Miguel Angel Trevino Morales. Jesus Reymundo Ramos Vazquez, publicly known as Raymundo Ramos, allegedly runs disinformation operations for the cartel while posing as a human rights activist. The sanctions block all property and property interests of the named people and entities that fall within U.S. borders or are under the control of U.S. persons. Any entity owned 50% or more by a sanctioned person is also subject to the restrictions. OFAC also issued a general license to allow U.S. persons to wind down existing transactions involving CAMSA, Casino Centenario, and Diamante Casino. “Treasury will use all available tools to protect our nation from violent cartels that seek to inflict terror on innocent Americans,” Treasury Secretary Scott Bessent said. “Treasury will continue to target the diverse revenue streams that cartels depend on to keep their criminal operations running.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Hong Kong Halts Launch of Legal Basketball Betting iGame

Hong Kong Halts Launch of Legal Basketball Betting

(AsiaGameHub) - Hong Kong has halted the planned September start of its legal basketball betting operation. Authorities stated that the rapid expansion of cryptocurrency-based prediction markets necessitates a more thorough examination before any licensing can proceed. Good to Know Hong Kong has suspended the planned September launch of legal basketball betting. Officials pointed to growing uncertainty around crypto based prediction markets. No new date has been given for a rollout. Crypto Prediction Markets Change the Picture Hong Kong had passed legislative amendments last September to authorize basketball betting, aiming to draw activity away from the black market. Officials had connected that initiative to an illicit sector that produced an estimated HK$34 billion (US$4.3 billion) in 2023. The government has now reversed its position. Alice Mak, Hong Kong's Secretary for Home and Youth Affairs, explained that the law's passage did not obligate the government to grant licenses according to a fixed timetable. “As a responsible government, we must make decisive decisions when protecting the public interest,” Mak said. “If we were to blindly issue a licence simply because a bill was passed last year while disregarding other external factors, that would be irresponsible.”Officials now seek additional time to evaluate prediction markets, platforms where users speculate on outcomes related to sports, financial indices, and even geopolitical events. The rise of platforms like Kalshi and Polymarket has led regulators in various jurisdictions to debate a key question: are event contracts genuinely financial instruments, or merely a form of gambling under a different label? In a Tuesday email, the government reported that prediction market trading volume surged in 2025, reaching a peak of US$64 billion, a 200% increase from the previous year. Officials stated that such significant growth demands a more in-depth analysis of the operational models of these platforms. The Hong Kong Jockey Club, which was anticipated to operate the betting scheme, was reportedly informed of the suspension on Monday evening, although senior management had prior knowledge, according to the South China Morning Post. The newspaper cited a “club insider” who questioned, “The prediction market has emerged for some time. Why wasn’t it foreseen earlier? … Was the decision based upon something beyond [the government’s] control?” This query has fueled broader discussion in local media. Some analysts have speculated that Hong Kong wished to avoid conflict with Beijing, which maintains strict control over gambling policies and has associated cross-border gambling with money laundering and other criminal activities. While Hong Kong, as a special administrative region of China, has autonomy in local policy, influence from the central government remains a significant factor.Adrian Pedro Ho, a member of the Legislative Council, supported the postponement, describing it as a prudent move given the continuous evolution of gambling-related technology. “Basketball betting has not launched yet,” he said. “There is no reason to introduce something new that could encourage and fuel illegal gambling activities.” No schedule has been provided for when legal basketball betting might commence. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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DeepStack Championship Expands Presence at Venetian with $16M Guarantee iGame

DeepStack Championship Expands Presence at Venetian with $16M Guarantee

(AsiaGameHub) - The Venetian Resort Las Vegas is set to expand its summer poker offerings for 2026. The DeepStack Championship Poker Series will span over two months, featuring 121 individual events and more than $16 million in total guaranteed prize money. Key Information The DeepStack Championship Poker Series is scheduled from May 18 to August 2. The 2026 calendar features 121 tournaments with guarantees exceeding $16 million. In 2025, the series recorded nearly 30,000 entries and awarded approximately $30 million in prizes. Venetian Expands Summer Tournament Lineup The Venetian is once again increasing the scope of its poker operations. Following a 116-event schedule last year, the resort will host 121 tournaments in 2026. This growth comes after a successful 2025 festival that saw nearly 30,000 participants and close to $30 million in payouts, marking another strong summer performance for the Las Vegas poker room. The schedule provides a blend of low- and mid-stakes buy-ins alongside high-profile events, designed to attract professional players, local regulars, seniors, and casual competitors, as well as participants for dedicated ladies' tournaments. The series maintains its established format, emphasizing deep starting stacks and extended blind levels to provide players with more time at the tables. Several key dates have been highlighted. A $1,100 No Limit Hold’em tournament with a $1 million guarantee is set for June 6–10, followed by a $1,100 Seniors No Limit Hold’em event with a $1 million guarantee from June 11–14. Later in June, a $1,600 Seniors No Limit Hold’em event will feature a $1.5 million guarantee. From June 30 to July 2, the $2,500 LIPS Ladies High Roller will offer a $150,000 guarantee. The MSPT also returns with two $1 million guaranteed events: a $1,100 No Limit Hold’em tournament from July 11–14 and a $1,600 No Limit Hold’em tournament from July 15–19. This diverse range of events has helped the DeepStack series become a prominent fixture on the summer poker circuit away from the Strip. While the Venetian hosts other series throughout the year, such as the DeepStack Extravaganza and DeepStack Showdown, the summer championship remains its premier event. The success of the 2025 series reinforced this status, with high-profile players like Patrick Leonard and Josh Reichard winning titles, demonstrating that the series appeals to elite professionals while remaining accessible to a broad field of players. The complete 2026 schedule is available for viewing here. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Seminole Brighton Bay Guests Win $121,453.23 in Jackpot iGame

Seminole Brighton Bay Guests Win $121,453.23 in Jackpot

(AsiaGameHub) - On Sunday, April 12, a visitor to Seminole Brighton Bay Hotel & Casino hit a jackpot totaling $121,453.23. The winning spin occurred on a Dancing Drums slot machine, a product of Scientific Games, with a bet of $26.40. Seminole Brighton Bay offers a gaming floor spanning almost 38,000 square feet, equipped with 640 slot machines and 18 table games. Visitors have the option to play in a smoke-free environment or in the high-limit gaming area. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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The world’s top iGaming markets ranked by GGR size in 2025 iGame

The world’s top iGaming markets ranked by GGR size in 2025

(AsiaGameHub) - The global iGaming industry maintains its robust growth trajectory, with the top 25 markets set to generate between $92bn and $130bn in gross gaming revenue (GGR) in 2025. This range reflects variations in regulatory transparency, reporting standards, and the inclusion of offshore or grey-market activities across different jurisdictions. While Europe remains the most established region for iGaming, North America—led by the United States—and fast-developing markets in Latin America, Africa, and Asia are reshaping the global competitive landscape. Global Leaders: The Largest iGaming Markets At the top of the rankings, a small cluster of markets dominates global revenue generation. The United States leads with over $20bn, driven by expanding state-level legalization and strong performance in both online casinos and sports betting. The United Kingdom follows with more than $12bn, retaining its position as one of the world’s most mature and well-regulated iGaming ecosystems. In Asia, both Japan and China (offshore) exceed $10bn, highlighting the massive demand in the region—even where domestic regulation remains restrictive. Italy rounds out the top five with over $5bn, supported by a long-standing regulated market. Developed Markets These are the most advanced and enduring gambling markets, featuring stable regulatory environments and predictable revenue streams. Germany ($4+ billion) and France ($3+ billion) are two of Europe’s largest economies, but government-imposed limits hinder their potential for further growth. Spain, Canada, and Australia have also seen sustained growth, each generating $2+ billion through their established customer bases and widespread acceptance of digital transactions. Growing and Emerging Markets Recent years have seen a dramatic rise in the number of emerging markets, many of which are now benefiting from new regulations and the ubiquitous use of mobile devices. Brazil has quickly emerged as the largest emerging gambling market, with revenues exceeding $2 billion and continuing to grow as it transitions to a fully regulated casino framework. The Netherlands and Sweden each have reached the $1.5 billion range, clearly demonstrating how rapidly a casino market can be established using modern regulatory models. Switzerland and Denmark also each fall into the $1 billion+ range and are identified as emerging casino markets. Growing Markets Numerous regions are currently entering the gambling landscape with projected revenues over $1 billion, offering opportunities for long-term growth. Romania and Belgium (each $1 billion+) have continued to drive their success through the growth of the gaming industry in Eastern and Western Europe, respectively. Beyond Europe, developing countries like South Africa, the Philippines, and Mexico also boast annual gaming revenues over $1 billion, thanks to accelerated internet access growth and ongoing interest in online gaming. Smaller but Expanding Markets The final group includes markets that currently generate less than $1bn but still play a key role in the global iGaming ecosystem. Countries such as Greece, Portugal, and Finland continue to develop their regulatory frameworks, while Norway (offshore) and Ireland show strong demand despite structural limitations. Source: The iGaming Europe GGR data is compiled primarily from official national regulators and government sources (where available), complemented by insights from industry organizations like the AGA and EGBA, as well as market intelligence firms including H2 Gambling Capital and Regulus Partners. Currency conversions are based on approximate 2024 average exchange rates. All figures refer to online-only GGR unless stated otherwise. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Playson and Betika Forge Key Partnership in Kenyan Gaming Market iGame

Playson and Betika Forge Key Partnership in Kenyan Gaming Market

(AsiaGameHub) - Playson, a distinguished provider of digital entertainment solutions, has officially established its presence in the Kenyan market through a significant collaboration with Betika, a prominent and influential gaming operator in East Africa. This launch represents a crucial advancement in Playson's strategy for continental expansion, with Betika offering a robust and well-established platform for its debut in the region. By joining forces with a market leader renowned for its extensive reach, innovative approach, and profound understanding of local player preferences, Playson is strategically positioned to make an immediate impact across East Africa. Betika's substantial customer base and proven success in delivering captivating and responsible gaming experiences make it an essential partner for international suppliers aiming to enter and grow within the region. This partnership will make Playson's content accessible to players in both Kenya and Uganda, capitalizing on Betika's expanding multi-market presence. As part of this rollout, Betika has integrated a selection of Playson's most successful titles, including Thunder Coins: Hold and Win, 4 Pots Riches: Hold and Win, and Coin Strike: Hold and Win. These games are globally recognized for their engaging mechanics, dynamic gameplay, and strong performance in regulated markets. Playson's entry into Kenya has been supported by tailored infrastructure and platform enhancements, ensuring full adherence to local regulatory requirements while aligning with Betika's high standards for performance and user experience. This preparatory work facilitates the delivery of a seamless, optimized gaming experience designed for local audiences. Conor Jenner, Senior Sales Manager at Playson, stated: Entering the Kenyan market is a major milestone for Playson, and doing so alongside a leading operator like Betika makes this step even more impactful. Betika’s strong market presence and deep understanding of its players provide an excellent foundation for our content to perform from day one. We have carefully adapted our infrastructure to meet local regulatory standards and operator requirements, ensuring a smooth rollout and high-quality player experience. We are excited about the opportunities this market presents and look forward to expanding our presence across Africa. The integration was executed via the Casimba (Markor) aggregation platform, enabling efficient deployment and scalability across various jurisdictions. Peter Stagles, Group Chief Product Officer at Betika, commented: We are pleased to partner with Playson and bring their globally recognised portfolio to our players in Kenya and Uganda. At Betika, we are continuously enhancing our offering by working with best-in-class partners to deliver engaging, high-quality entertainment experiences tailored to our markets. This launch underscores Playson's strategy of entering high-growth markets through collaborations with reputable, high-impact operators, while simultaneously reinforcing Betika's standing as a premier gateway for global gaming content in East Africa. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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ELA Games to Delve into the Future of Cinematic and Social Slots at SBC Summit Malta iGame

ELA Games to Delve into the Future of Cinematic and Social Slots at SBC Summit Malta

(AsiaGameHub) - ELA Games is getting ready to take the stage at the forthcoming SBC Summit Malta to discuss the ongoing evolution of casino content. Represented by Senior Business Development Manager Petr Vonarshenko, the studio will take part in an upcoming session exploring how modern slots are evolving into shared, narrative-rich experiences. The panel, which is part of the “Product Visionaries” track, is titled Casino Product Innovation & Content: The Future of Slots. The session will push industry leaders to look past traditional solo playing experiences and explore the shift toward socialised gameplay. Discussions will cover growing demand for co-op jackpots, friend challenges, and audience-influenced features, as well as how data-backed design is effectively building engaged “micro-audiences.” As the lines between gaming, pop culture, and streaming series keep blurring, the panel’s agenda aligns closely with ELA Games’ core focus on narrative-led development. The conversation will specifically look at how cinematic storytelling, branded crossovers, and episodic content drops are reshaping modern slot design, turning solitary spins into dynamic, interconnected worlds. Joining Vonarshenko on the panel are Janick Bonnici (Principal Gaming Content Manager at Betsson Group) and Steve Cutler (CEO and co-founder of KALAMBA). The session will be moderated by Arjan Korstjens (Principal at the Casino Marketing Academy). The panel will be held at the InterContinental Hotel, Malta on Wednesday, 29th April 2026, running from 15:00 – 15:45 CEST | 14:00 – 14:45 BST. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Evoplay debuts Season of Legends network campaign with a €512,000 spring prize pool iGame

Evoplay debuts Season of Legends network campaign with a €512,000 spring prize pool

(AsiaGameHub) - Evoplay, the award-winning game development studio, has launched Season of Legends, a new year-long network campaign designed to foster continuous player engagement through a four-part seasonal structure, beginning with a €512,000 spring edition. Building on the success of its prior Big Adventures campaign, which achieved significant engagement over a nine-month period, Season of Legends introduces a more dynamic, seasonal approach. The campaign is divided into four distinct three-month phases, each featuring updated mechanics, new prize pools, and enhanced opportunities for both operators and players. The spring edition, which commenced in March, has been strategically timed to leverage post-winter player reactivation trends, assisting operators in rebuilding player momentum and achieving early-year growth. At the heart of the new campaign is the introduction of the inaugural mechanic, Infinity Prize Drops. Operating continuously throughout each month, Infinity Drops provide daily cash rewards that are not tied to traditional tournament phases, thereby ensuring sustained engagement. In addition to this, the spring edition incorporates a multi-layered structure that includes a Tournament and a Wheel of Fortune, each running across four phases per month. These phases occur from the 1st-5th, 9th-13th, 17th-21st, and 25th-29th, generating regular peaks in activity, while Infinity Drops maintain consistent player participation between these phases. The €512,000 spring prize pool will be distributed across March, April, and May, with a unified leaderboard encompassing all participating operators. Players accumulate points through every qualifying spin across a selection of Evoplay’s most popular titles, including Hot Triple Sevens, Piggy Bank: 3 Pots Bonanza, and the Penalty Shoot-out series. Diana Larina, Head of Marketing at Evoplay, stated: Season of Legends represents the next stage in the evolution of our network campaigns. With Big Adventures, we witnessed the considerable effectiveness of long-term engagement, and this new format elevates that even further. By incorporating a seasonal structure and mechanics like Infinity Drops, we are equipping operators with the tools to sustain consistent player activity, rather than depending on short-term surges. This is merely the beginning, and we are eager to build momentum throughout the year. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Amusnet Games Added to Agreegain’s Portfolio via IMK 365 Collaboration iGame

Amusnet Games Added to Agreegain’s Portfolio via IMK 365 Collaboration

(AsiaGameHub) - Agreegain, a comprehensive casino solutions provider, has broadened its game selection by integrating Amusnet’s titles via its collaboration with IMK 365, giving players access to even more thrilling content. Established in 2019, IMK 365 acts as an official distributor for Amusnet— a company that will mark seven years of industry contributions in 2026. IMK 365 has seen consistent market expansion and robust commercial progress, currently boasting a catalog of over 240 games, such as video slots, roulette, video poker, live casino offerings, and Keno. Thanks to this collaboration, Agreegain’s operator partners will get access to high-performing online slots like 20 Golden Coins and Candy Palace, along with a diverse array of other games that combine engaging gameplay with eye-catching graphics. Maria Afzaal, Senior Partner Manager at Agreegain, said: We’re excited to reveal our partnership with IMK 365 and the inclusion of Amusnet’s content— a provider renowned for creating high-performing, player-focused games. Adding their varied and innovative catalog to our aggregation platform greatly boosts our offerings for operators across the globe. This collaboration not only improves the range and quality of games accessible via our network but also highlights our dedication to working with industry leaders who align with our goals of growth, dependability, and outstanding player interaction. Amusnet’s RTP approach, which prioritizes players, means these games not only increase engagement but also boost long-term player value, guaranteeing a top-tier experience for users in regulated markets. Vasil Ganev, CEO at IMK 365, said: We’re delighted to announce our partnership with Agreegain, a top aggregator of online casino games. By merging our focus on delivering high-quality casino content with Agreegain’s professional approach and industry knowledge, we’re confident this collaboration will create substantial value and lasting success. We’re eager to build a solid partnership and achieve great results as a team. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Kenya’s Gambling Industry Resists the Proposed Licensing Bill iGame

Kenya’s Gambling Industry Resists the Proposed Licensing Bill

(AsiaGameHub) - Kenyan gambling operators and industry groups have voiced fierce opposition to the government’s proposed 2026 licensing legislation, cautioning that it might severely disrupt the sector. Stakeholders labeled the intended fee framework as “unreasonable, unprecedented, and punitive,” pointing to worries about escalating operational expenses. These concerns were shared during public consultation meetings organized by the Gambling Regulatory Authority at the Kenyatta International Convention Centre from March 31 to April 1, 2026. A major area of disagreement is the proposed fee structure, which features steep application costs, higher security bond obligations, and a new 10% levy on advertising expenditures. Operators contend these additions would pile onto existing taxes and impose unsustainable strain on licensed businesses. Many warned that such measures could push operators toward offshore markets, reducing tax revenues and weakening regulatory oversight. Industry representatives also drew attention to potential economic impacts, including business closures and job losses. Paul Mutegi from the Association of Gaming Operators in Kenya (AGOK) stated: We’re already a very heavily taxed industry, and you’re taxing the same base. The punters are still the same. So even the 15 per cent GGR that you know pays for sporting infrastructure that’s going to go away, or it’s going to take a very, very big hit. If indeed we push for this new cost regime. Questions were also raised regarding inconsistencies in the proposed fee structure. Judith Kiragu challenged the rationale behind the application fee exceeding the license fee, noting: The application fee is higher than the license fee. It is KES5 million ($38,684), while the license fee is KES4 million ($30,947). How can an application fee, which is just for obtaining a document, be higher than the license fee? Further criticism focused on capital requirements for foreign operators, including a KES100 million paid-up capital threshold and a KES200 million security bond. John Mutua also pushed back against new fees on jackpot products, commenting: We propose to waive all the introduced fees. Jackpot is still a product like any other. You do not charge fees for any of the other products that we have. Mutua additionally criticized proposed compliance measures—such as quarterly capital adequacy checks—describing them as “too frequent” and burdensome for operators. Despite the backlash, the GRA has defended the bill, arguing that Kenya’s gambling laws are outdated and require modernization. Director General Peter Karimi emphasized that consumer protection remains the priority, stating that player responsibility, responsible gambling, and safeguarding players are their primary concerns as regulators. The consultation period is scheduled to close on April 13, 2026, after which the final draft will move to Parliament. The outcome will play a key role in shaping the future of Kenya’s regulated gambling market. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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German Regulators Warn as Polymarket Offers Bets on Elections iGame

German Regulators Warn as Polymarket Offers Bets on Elections

(AsiaGameHub) - Polymarket persists in listing and operating betting markets for German political events, notwithstanding repeated warnings from national regulators that such activities exist outside the nation's legal framework. The platform presently hosts active markets connected to upcoming state elections in Saxony-Anhalt, Berlin, and Mecklenburg-Western Pomerania, all slated for September. It also offers a market speculating on whether Friedrich Merz will resign before 2027. Although direct payments from German users are restricted, the website remains accessible, creating a situation officials term a significant regulatory loophole. Under the Interstate Treaty on Gambling, Germany's current legal structure confines sports betting to licensed bookmakers and explicitly bans political betting. The Gambling Authority of the Länder has emphasized that prediction-style platforms like Polymarket provide no protection for users engaging in illegal wagering and has advised the public against participating on these sites. Despite these advisories, participation in prediction markets is steadily growing; as of early October, over $205 million was committed to markets regarding the recent German federal elections. This indicates a rising interest in prediction markets as alternatives to traditional betting. Advocates suggest that, because users have a financial stake in the results, these markets can sometimes function more effectively than conventional polling. Regulators continue to approach these emerging markets with caution. Their primary concerns include user anonymity resulting from cryptocurrency use on many prediction platforms, which hinders user identification, as well as issues regarding market manipulation and the societal impact if betting odds begin to mold public opinion on political outcomes. While the German government upholds a strict legal stance treating prediction markets as illegal, enforcing the law is difficult because there is no legal power to control how online users access these platforms. Thus, regulatory bodies are effectively trying to manage a system that is technically illegal but remains practically accessible worldwide through multiple channels. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Kalshi AdoptsIC360 Self-Exclusion System as First in Industry iGame

Kalshi AdoptsIC360 Self-Exclusion System as First in Industry

(AsiaGameHub) - Kalshi is now the first platform to fully implement a national self-exclusion solution from IC360, representing a significant advancement for consumer safety within the prediction markets industry. This integration, following a partnership revealed in March, brings IC360's SelfExclude.io tool to market. The tool enables users to self-exclude from multiple platforms via one unified system. Kalshi is the initial adopter, with integrations for Polymarket, Robinhood, and ProphetX underway. Scott Sadin, co-founder and co-CEO of IC360, applauded the initiative, saying he praised "the Kalshi team for prioritizing consumer protections and dedicating effort to make this feature accessible and seamless for their users." Establishing a unified self-exclusion program in the U.S. has long been difficult because of the country's patchwork, state-level regulatory landscape, leading to varied player protection measures in different regions. Kalshi spokesperson Sara Slane called the integration a "major development," noting that it underscores the "key benefit of a federal structure: the capacity to deliver uniform, countrywide consumer safeguards instead of depending on an inconsistent state-by-state approach." The SelfExclude.io tool functions through a voluntary sign-up process where users confirm their identity. Their information is subsequently encrypted and stored securely, permitting partner platforms to screen for matches on the exclusion list without handling raw personal data. Any matches result in automatic account limitations. Sadin added that IC360 plans to grow the system, explaining the firm is dedicated to "enhancing the current hub with more tools that aim to have a real impact, and to inviting more platforms to join the network." Kalshi already provides in-house responsible trading features like deposit caps and a "Trading Break" function. Although some industry commentators have expressed worries about prediction platforms functioning beyond conventional gambling regulations, this integration supports CEO Tarek Mansour's focus on user security. Speaking earlier this year, Mansour said: Every choice at Kalshi has been guided by that fundamental tenet, and our collaboration with IC360 is based on that conviction. We are thrilled to partner with them to help maintain our markets' position as the benchmark for safety and integrity. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Macau Suspicious Transaction Reports Rise 13% in Q1 2026 iGame

Macau Suspicious Transaction Reports Rise 13% in Q1 2026

(AsiaGameHub) - The Financial Intelligence Office has reported a 13% year-on-year increase in Suspicious Transaction Reports (STRs) submitted by gaming operators in Macao during the first quarter of 2026. STRs originating from Macao's gaming operators constituted the majority of submitted forms in the first quarter of 2026, with 997 out of a total of 1356 STRs. This trend is attributed to a consistent rise in visitor numbers and business volumes. Additionally, STRs from other institutions saw an increase, with 245 forms from Financial Institutions and Insurance Companies compared to 242 in the same quarter last year, and 114 forms from Other Institutions, up from 97 in the first quarter of the previous year. The volume of STRs filed by gaming operators this year remains elevated compared to the previous year. Furthermore, there was a significant surge from the fourth quarter of 2025, which recorded a total of 852 STRs. Gaming operators accounted for 73.5% of the total STRs filed, a slight increase from 72.4% during the same period last year. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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LiveScore Group Reduces Losses as Revenue Rises in FY25 iGame

LiveScore Group Reduces Losses as Revenue Rises in FY25

(AsiaGameHub) - LiveScore Group announced a smaller net loss for the fiscal year ended 31 March 2025, bolstered by robust revenue expansion, especially within its consumer-facing online gambling business. Overall revenue grew by 15.3% year-over-year to reach £206.3 million. This growth was chiefly fueled by the B2C unit, which saw revenue jump 18.3% to £185.1 million. Revenue from software development also rose substantially, surging 50% to £2.1 million. Conversely, B2B advertising revenue dropped by 9.5% to £19.1 million. The firm stated that its withdrawal from the Netherlands in November 2024, prompted by tighter advertising regulations and increased taxation, affected its results. Excluding the Dutch market, group revenue would have grown by 20.9% to £194.0 million. Regionally, the UK continued to be the top-performing market, with revenue climbing 26.0% to £175.6 million. By comparison, revenue from the rest of Europe decreased by 29.0% to £16.0 million, mainly because of the Netherlands exit, while revenue from other global regions fell 14.0% to £14.4 million. LiveScore said in its account: This aligned with expectations and the broader growth strategy, as the company faced considerable costs related to expansion and marketing. The lower operating loss stemmed from a rise in gross profit that exceeded the substantial continued investment in marketing and the LiveScore brand. Even with increased expenses, including £48.4 million in cost of sales, gross profit rose 14.3% to £157.9 million. The operating loss saw marked improvement, dropping to £26.7 million from £50.7 million in the prior year. Pre-tax loss also decreased to £27.8 million, and the net loss was £28.6 million, down from £48.9 million in FY24. The company posted an EBITDA loss of £15.2 million, a significant recovery from the £38.8 million loss a year before. It linked the persisting losses to sustained spending on marketing and broadening the brand's reach. Analysts, such as those from Regulus Partners, pointed to the firm's solid UK results, commenting that while building scale in a crowded sector is difficult, LiveScore's approach of turning sports media viewers into betting and gaming customers holds potential for future value. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Coinbase Under Legal Fire Over Underage Gambling Concerns iGame

Coinbase Under Legal Fire Over Underage Gambling Concerns

(AsiaGameHub) - Coinbase is under legal examination after a lawsuit brought forward one of the cryptocurrency industry's most delicate problems: underage gambling and possible compliance shortcomings. The legal action claims that minors could utilize the platform to deposit funds into online gambling accounts, prompting worries that Coinbase's systems did not catch obvious red flags. The legal complaint against Coinbase holds particular significance as the company has consistently sought to position itself as a responsible and rule-abiding participant in the crypto space. However, as digital assets expand from pure trading into areas such as gaming and gambling, the hazards linked to fast, inexpensive transfers have increased. According to the lawsuit, it also seems Coinbase has not enhanced its surveillance mechanisms rapidly enough to match these emerging threats, particularly regarding younger users engaging with gambling platforms. The claims chiefly center on possible compliance deficiencies in domains like anti-money laundering (AML) protocols and transaction oversight. These systems are vital for a firm like Coinbase to adhere to rules and foster user confidence. Any failure to flag suspicious transactions, including those involving minors, could attract severe regulatory attention. While the lawsuit targets Coinbase specifically, it is probable to resonate across the wider cryptocurrency sector. Regulatory bodies are progressively demanding that exchanges maintain safeguards equivalent to those of conventional banks. Should regulators interpret the Coinbase case as indicative of a broader pattern, they could enact more rigorous regulations concerning identity checks and transaction monitoring in the near future. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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BC.GAME Launches in Nigeria with Lagos State Licence via bcbet.ng iGame

BC.GAME Launches in Nigeria with Lagos State Licence via bcbet.ng

(AsiaGameHub) - BC.GAME has launched operations in Nigeria after obtaining a license from the Lagos State Lotteries and Gaming Authority. The platform is now live on bcbet.ng, offering sportsbook and casino products customized for the local market. Good to Know BC.GAME stated Nigeria marks its second regulated market launch. The platform now supports the Nigerian Naira. The launch includes revamped navigation, enhanced support pages, and improved payment-related communication. BC.GAME Launches Nigerian Site With Lagos License Instead of focusing solely on product volume for the launch, BC.GAME is placing equal emphasis on local accessibility and platform clarity. The company noted that Nigerian players can access sportsbook and casino services via a dedicated local domain, with Nigerian Naira (NGN) support integrated into the rollout. Nigeria follows Kenya in BC.GAME’s regulated market expansion strategy. The company said this new launch is its second in a regulated market, coming after securing a Kenyan license last year. It also holds a license in Anjouan as it pursues long-term growth across multiple jurisdictions. The operator linked part of its Nigeria launch to user-facing platform updates. BC.GAME mentioned it has added more intuitive navigation, structured support resources, and clearer communication around payment and account processes. Additionally, it expanded user guidance to boost transparency around core service features.CEO Kar Kheng Giam said: “Today’s user experience is closely tied to clarity, consistency, and transparency. As we expand into new regulated markets like Nigeria, we’re focused on making the platform easier to understand while continuing to enhance how we communicate with our users. “Nigeria is home to one of the world’s most passionate sports fanbases, with a strong football culture and rapidly growing interest in digital gaming. This launch allows us to bring these elements together in a market with significant long-term potential.” For BC.GAME, entering Nigeria is another step in its broader regulated market plan. For the local market, it introduces an additional licensed sportsbook and casino brand at a time when operators are seeking stronger regional positioning across Africa. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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LiveScore’s FY25 revenue climbs 15% to £206.3m iGame

LiveScore’s FY25 revenue climbs 15% to £206.3m

(AsiaGameHub) - LiveScore saw growth in FY25, with the UK contributing the majority of this progress. That said, a heavier tax burden now looms over 2026, which could place new pressure on profit margins. Good to Know FY25 total turnover rose 15% to £206.3m. UK-based turnover climbed 26% to £175.6m and made up 85% of the group’s total revenue. Regulus Partners estimates extra UK tax costs of £20m to £25m from April. UK Growth Boosts LiveScore But Tax Pressure Mounts LiveScore Group reported turnover of £206.3m for the 12 months to 31 March 2025, up 15% year on year. The UK drove that result, with turnover up 26% to £175.6m. That left the market accounting for 85% of total group revenue. Regulus Partners noted that LiveScore beat the wider UK market. In a note released on Monday, the firm said LiveScore Bet and Virgin Bet outperformed market growth by 20 percentage points. Outside the UK, the picture was weaker. European turnover fell 29% to £16.3m after LiveScore shut its Netherlands operation in November 2024 under tighter regulatory pressure. That exit created a £6m headwind during the period. Rest of world turnover also dropped, down 14% to £14.4m. Regulus said that may reflect softness in Nigeria. The business mix stayed heavily consumer led. B2C made up 90% of FY25 turnover, while B2B advertising contributed 9%. Losses narrowed, but the group still finished in the red. Gross profit rose 14% to £158m, while cost of sales increased 18% to £48.4m. Operating loss improved to £26.7m from £50.7m a year earlier. EBITDA loss improved 61% to £15.2m. Part of the cost base came from internal changes. In November 2024, the group booked £3m in restructuring and streamlining costs, listed as redundancy expenses. LiveScore said the lower loss came from gross profit growth outpacing continued spending on marketing and the LiveScore brand. The main issue now is tax. From April, the UK burden rose to 40% of GGR after the Remote Gaming Duty increase. Regulus estimates that could add £20m to £25m in extra costs before any mitigation. LiveScore also pushed beyond the UK during the period. Virgin Bet launched in South Africa in March, giving the group its first market outside Britain. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Slotegrator’s Report Identifies 13 Fraud Checks for Online Casinos in 2026 iGame

Slotegrator’s Report Identifies 13 Fraud Checks for Online Casinos in 2026

(AsiaGameHub) - As AI-driven fraud becomes more difficult to detect, Slotegrator is urging operators to stop viewing defensive measures as optional. A new report from the provider concentrates on how online casinos and sportsbooks can adapt as deepfakes, synthetic identities, and bonus abuse grow increasingly sophisticated. Good to Know Slotegrator states the guide is designed for online casino and sportsbook operators confronting AI-powered fraud. The 16-page publication features a 13-point checklist for fraud protection. The company asserts that standard KYC checks are no longer sufficient by themselves as fraudulent tactics continually evolve. Slotegrator Pushes Operators Toward AI Led Fraud Defence The core message is straightforward. Fraud prevention teams can no longer depend on a single checkpoint. Slotegrator advises that online casinos and sportsbooks require tools that monitor, analyze, and respond more swiftly as cybercriminals leverage AI to bypass older security measures. The guide recommends operators plan for the potential failure of their first line of defence and build their strategy accordingly. This warning comes at a time when issues like bonus abuse, account takeover, deepfake-enabled verification fraud, and the use of synthetic identities are receiving heightened focus across the online gambling sector. Slotegrator positions AI tools as indispensable, not merely optional extras, contending that contemporary fraud challenges exceed the capacity of manual review teams alone. Olga Ivanchik, COO at Slotegrator, said:“Ultimately, the law of survival of the fittest will prevail. Brands that embrace the new reality by implementing AI tools will withstand the very threats that overwhelm competitors clinging to outdated methods.” The report targets both new and established operators. On the product front, Slotegrator notes AI is already utilized in adaptive user experience, real-time marketing, predictive lifetime value modelling, and risk management. The publication contends fraud prevention now demands equal priority. About the report While concise at 16 pages, the report is structured to provide operators with a practical outlook on the future direction of fraud threats. Moving beyond a superficial analysis, Slotegrator merges a wide-ranging threat assessment with a more actionable response framework. This incorporates a 13-point fraud checklist centered on behavioural signals and operational data points that online casinos and sportsbooks ought to monitor more rigorously. A significant portion of the report examines the evolution of fraudulent techniques. Slotegrator reviews well-known risks like account takeover and bonus abuse, but the more pointed insight is how AI is rendering older security controls less effective. Deepfake technology, for instance, is intensifying the strain on KYC systems, as even liveness checks and identity verifications can be more readily falsified. In this environment, the report maintains that document verification alone is inadequate.Consequently, the guide places greater emphasis on behavioural monitoring. Slotegrator advocates that operators must observe how users behave throughout the platform, not merely validate uploaded documents. This comprehensive perspective is presented as a primary method for detecting suspicious activity sooner, particularly as synthetic identities and AI-aided fraud grow more challenging to identify at the point of entry. The report also incorporates current fraud statistics to illustrate the pervasiveness of the problem and the potential harm it can inflict on iGaming companies. Additionally, Slotegrator uses the publication to detail how its proprietary anti-fraud solutions are designed to assist operators in identifying, evaluating, and addressing risks in real time. In summary, the intended audience is evident. Slotegrator is communicating directly with online casino and sportsbook operators seeking to minimize their vulnerability to AI-powered fraud and strengthen risk management before these threats expand further. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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Thailand Detains Gambling Boss Pei Min Si During April 9 Pattaya Raid iGame

Thailand Detains Gambling Boss Pei Min Si During April 9 Pattaya Raid

(AsiaGameHub) - Thai police have detained Pei Min Si following a dawn raid in Pattaya on April 9. Officials connected him to the Shwe Kokko online gambling network and acted pursuant to a warrant request from the Chinese Embassy in Bangkok. Good to Know Pei Min Si was apprehended by police at a Pattaya hideout on April 9. Officials have associated the network with 239 distinct channels and upwards of 330,000 active participants. According to investigators, the enterprise has produced THB13.18 billion in revenue since 2016. Thailand Arrest Brings Shwe Kokko Network Back into Spotlight This apprehension brings a protracted case back into the spotlight. The Chiang Rai Times identified Pei as “a key figure” within Myanmar’s illicit iGaming sector, with investigators connecting the broader enterprise to over 239 channels and more than 330,000 active users spanning 31 Chinese provinces. Since online gambling is prohibited in China and legal land-based casino gaming is restricted to Macau, this clarifies why Beijing maintains pressure on cases involving cross-border betting groups located near Myanmar's border regions. According to authorities, Pei has been a fugitive since May 2024, when he exited Thailand for Laos using a Chinese passport. In August 2025, he reportedly re-entered Thailand utilizing a “golden passport” from St. Kitts and Nevis.This pathway to citizenship has previously attracted criticism. St. Kitts and Nevis’s citizenship-by-investment program enables applicants to obtain nationality via a donation of at least $250,000, the acquisition of private real estate worth no less than $600,000, or an investment of a minimum $325,000 in an approved project. Police indicate that cost was likely not an impediment. Since 2016, officials have connected the gambling ring to a turnover of THB13.18 billion (approximately $409.8 million) and profits nearing THB2.4 billion. The Shwe Kokko group continues to be pivotal to the case. Myanmar has stated it is cracking down on illicit iGaming and cyber fraud in the border region, an area frequently labeled as the scam hub of Myanmar. During recent operations, police confiscated and dismantled 3,300 computers and almost 22,000 mobile phones purportedly utilized for placing online wagers. However, external scrutiny remains. The New York Times characterized these raids as “performative,” suggesting the Myanmar military junta employed them to alleviate pressure from Beijing instead of dismantling the broader criminal infrastructure.Chinese officials regard the issue as part of a significantly broader criminal landscape. Legal cases associated with these networks frequently intersect with kidnapping, forced labor, telecommunications fraud, drug manufacturing, and narcotics distribution. In February, China executed 11 individuals from the Ming family in Myanmar following their convictions for telecom fraud, drug trafficking, and murder. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.
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