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The crackdown of online gambling by Governments of multiple countries


There is no doubt that online gambling has emerged as a common yet amazing way of entertainment. In fact, it can be said that the internet becomes popular due to gaming, especially gambling games.
Some people think both gambling games and adventure games are different. However, the law seems like it does not support them.
Till now, there are some countries that are debating on whether to allow gambling games for several years or not. However, some data showed that the gambling industry had impacted severely. So, let’s talk about this in detail.
The biggest impacts
The recent share price graph indicates that some companies’ values are now going down, revenues from sports betting are now vanishing, and there is a great sense of uncertainty. It is true that the gambling industry is now facing a short-term crisis.
Sport betting companies like Betgenius and Betradar try their best to keep it up with Russian table tennis and Myanmar U21 football. On the other hand, bet365 moved into FIFA games. But the truth is it has become a sector with no products. It is like selling empty beer glasses, hoping people will fill them.
If we talk about one of the biggest gambling sites of the UK, now all the gamblers are shifting from offline port betting to the online casino games. The major reason behind this is the recent lockdown restriction imposed by the government. 888Holding informed that the company had been severely affected by this event.
It has canceled or postponed some events like Grand National and the Premier League. The company used to earn 16 percent of the total revenue from sports betting.
Now gamblers are moving to alternative products. That means they are now shifting toward online poker and casino games.
However, governments are also taking steps to prevent people from getting addicted to the game during this lockdown time. As per a report, the government has considered ordering online gambling companies to set the daily betting cap at £50.
Online sports betting comes with a higher rate of gambling disorder, around 2.5 percent. However, online casinos, bingo, and slots are attracting more potential addicts, with around 9.2 percent of customers who spend their money on gambling products having the problem.
However, the government’s advice for setting a cap on daily betting has gone unanswered.
On the other hand, 888Holding has informed that it is trying its best to identify signs of the problem in gambling among the customers. The company informed that the board had recognized that.
Now people are spending their time at home. On the other hand, economic uncertainty is also rising after the COVID-19 breakout. That’s why it is the primary duty of 888Holding to keep an eye on safe gambling. Besides, the company is trying to prevent gambling-related issues.
Online gambling situation in other places
Ukraine is also taking the necessary steps to control the online gambling industry. For a few days, Ukraine has intensified its process to find unauthorized online gambling companies. Ukraine is now trying its best to regulate the online market.
The Cyber Police of Ukraine, recently stated that it had built a team with the Strategic Investigation Office located in Kiev to find out all the online casinos running illegally. Some are running their casinos as legitimate IT development companies.
As per the report, the illegal casinos generally target customers of Ukraine and other countries having a monthly income of about USD 1 million. The government has cracked down some online casinos and detained some computers and documents. Now, the authority is trying to trace down the illegal online gambling operation.
In January, the authority busted a Kyiv-based online casino service operating disguised as a software company. The authority arrested around 50 IT staff, serving more than 300K gamblers across the world. The authority also has cracked down other illegal land-based gambling operations, which were giving access to slot machines.
To reduce such activities, the NBU- National Bank of Ukraine has issued a notice reminding the payment processors, associated businesses, and local merchant banks that even though the government has updated the law, the gambling activities still remain illegal. The NBU is now following a strict observance.
The crackdown of online gambling in Ukraine has led to the shutdown of the Ukraine Poker Open, which was planned to begin on 26th January in Kyiv. Along with that, Full House, the host of the Ukraine Poker Open, was also shut down. During the same time, the authority raided the Favbet office, a local bookmaker.
The company was serving local gamblers through different websites. The websites were offering sports betting, casino games, poker, and slots. A few years ago, Luck Land LLC, parent of Favbet company, was accused of tax evasion.
The company was doing that by selling lottery tickets through different land-based venues. But later, the local courts didn’t approve the further investigation as there was no sufficient information.
Situation in Spain
In Spain, all online gambling service providers are advised to reduce marketing efforts. This way, the authority can prevent gambling operators from taking advantage of gamblers during this lockdown time.
The country’s Council Ministers had been advised by the Ministry of Consumer Affairs to eliminate gambling advertisements till the end of the lockdown. Some bookmakers can use anxiety and concern factors of people to do business.
Pablo Iglesias, Spain’s government official recently issued an order informing that the decision was taken to keep problem gamblers protected. As per the report, the ongoing lockdown due to coronavirus outbreak is extended to 12th April, and it can be extended further if the community transmission rate increases more.
Around nine gambling companies in Spain, after the announcement, informed that they would support the anti- coronavirus efforts as well as the initiatives. Spain is now taking strict action to prevent online gambling companies from exploiting the current situation.
Conclusion
The governments of different countries are now trying their best to reduce online gambling activities. It will also be good if they can limit the public advertising of gambling. Limiting the betting limits can be an effective way, but some online gambling companies in the UK are not considering this as an effective method. It may not stop people from betting.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: The crackdown of online gambling by Governments of multiple countries

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Enhanced Regional Presence: The Partnership Between SYNOT Games and BET.bg
SYNOT Games, a leading content provider in the iGaming industry, has announced a strategic partnership with BET.bg, one of the foremost online casinos in Bulgaria. This collaboration, made possible through the EGT aggregator platform, marks another key milestone in SYNOT Games’ continued expansion across the Balkan region.
As a recognized leader in Bulgaria’s competitive gaming landscape, BET.bg strengthens its offerings by incorporating SYNOT Games’ comprehensive portfolio of online slot titles. The integration provides a diverse selection of high-quality games to BET.bg’s players, including popular titles such as Aztec Jaguar Megaways, Legends of the Colosseum, and Crazy Free Fruits.
The partnership serves several strategic objectives for the SYNOT Games. First and foremost, it supports the company’s long-term vision of establishing a robust presence across the Balkans by aligning with trusted and high-performing regional operators. The collaboration with BET.bg enables SYNOT Games to tap into a loyal player base in Bulgaria, driving higher brand recognition and user engagement. Furthermore, it accelerates the company’s mission to diversify its distribution channels and leverage aggregators like EGT to maximize reach and operational efficiency.
“We’re excited to team up with BET.bg, a respected and trusted operator that holds a great position in Bulgaria,” said Martin Krajčí, Chief Commercial Officer at SYNOT Games.
“With the amazing support of EGT’s aggregation platform, we’ve been able to share our portfolio with a wider audience. This partnership highlights our strategic focus on the beautiful Balkan region and showcases our commitment to delivering quality content that truly meets the needs of local players‘ preferences,” she continued.
BET.bg team added: “We’re always on the lookout for fresh ways to enhance our offerings and bring top-notch entertainment to our users. By teaming up with SYNOT Games, we can do just that! Their diverse and engaging portfolio beautifully complements our existing lineup, and we can’t wait to see how our players enjoy these high-performing titles.”
The launch of SYNOT Games’ content on BET.bg continues the provider’s momentum in regulated markets, supported by a steady rollout of new titles and proven performers tailored to diverse player bases. The move exemplifies SYNOT Games‘ strategy of forming long-term partnerships that ensure content visibility and align with partners’ growth ambitions in key European markets.
The post Enhanced Regional Presence: The Partnership Between SYNOT Games and BET.bg appeared first on European Gaming Industry News.
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SOFTSWISS Heads to SiGMA Asia 2025
SOFTSWISS, a global tech expert with over 15 years of iGaming experience, will participate in SiGMA Asia 2025, which takes place from 1 to 4 June in Manila, the Philippines. The event is set to welcome 20,000 delegates, including operators, affiliates, regulators, and top decision-makers.
With over 450 exhibitors, SiGMA Asia is a promising platform for companies exploring business opportunities across the diverse and fast-growing Asian iGaming landscape.
The Asian iGaming market presents a compelling mix of potential and complexity. According to the SOFTSWISS iGaming Trends Report 2025, countries like the Philippines and India are currently undergoing regulatory shifts and technological expansion.
The Philippines market is projected to reach an annual growth rate of 9.23% by 2033. The region is now emerging as Asia’s second-largest gaming hub, focused on strengthening its domestic market and expanding integrated resorts. India, one of the largest digital markets with over 750 million internet users, is also witnessing rapid growth in the iGaming sector, with revenue projected to grow at a CAGR of 8.1% through 2032.
These developments create substantial opportunities for the industry and a demand for experienced tech providers like SOFTSWISS, which can offer highly localised, scalable solutions that meet evolving market requirements.
Olga Resiga, Chief Business Development Officer at SOFTSWISS, shares: “Asia is one of the most exciting and diverse regions for iGaming today. As digital engagement and the industry itself grow, operators are looking for partners that can deliver reliable, localised, and scalable solutions. SOFTSWISS is ready to support this transformation with technology that will help operators build strong and compliant iGaming projects in the region.”
The SOFTSWISS team will be available at Stand 2116 to present its ecosystem of solutions and share market insights with potential partners and clients.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 27,800 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team counts over 2,000 employees.
The post SOFTSWISS Heads to SiGMA Asia 2025 appeared first on European Gaming Industry News.
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Americas Online Gambling Market To Soon Eclipse Europe’s, Finds Vixio Forecasts
- Vixio forecasts that regulated online GGR in North and Latin America will grow at a compound annual rate of 3 percent from US$22.3bn in 2023 to US$56.3bn by 2028, drawing level with regulated European market.
Vixio, a leading provider of regulatory intelligence solutions, ahead of SBC Americas forecasts that the regulated online gambling market in the Americas to be worth US$32.5bn by 2026, compared to US$15.6bn in 2022, more than doubling in size in a period of four years. This growth rate is more than double the equivalent in Europe, with the European regulated online gambling market projected to be worth €37.3bn in 2026, up from just under €30bn in 2022.
By 2028, regulated online gambling markets in the U.S., Canada and Latin American countries are expected to generate US$56.3bn, drawing level with Europe or potentially surpassing it depending on currency fluctuations.
“Prior to 2018, the regulated online gambling market was highly euro-centric but legalization of sports betting and iGaming in various U.S. states as well as the major markets of Ontario and Brazil has coincided with stricter regulations in European countries that has restricted growth in a number of cases,” said James Kilsby, Chief Analyst, Vixio.
Vixio will be showcasing its data forecasting and regulatory intelligence solutions in more detail at the SBC Summit Americas 2026 at stand B175, with additional information in its Latin America Online Outlook report, available at vixio.com/research/latin-america-outlook-2025.
Vixio forecasts that regulated online GGR in North and Latin America will grow at a compound annual rate of 20.3 percent from US$22.3bn in 2023 to US$56.3bn by 2028, drawing level with regulated European market.
Providing further insight into one of the most closely watched online gambling markets globally, Kilsby, Vixio’s award-winning analyst, will be speaking during a panel session titled “Brazil 2025: A Surge in Licensing and Lessons So Far.” James was recently recognized as a Silver Stevie® Award Winner for Thought Leader of the Year in the 2025 American Business Awards®. The panel will take place on Wednesday, May 14, at 11 a.m. in conference room four.
In addition, Vixio has been shortlisted for Compliance Solution of the Year at the 2025 SBC Awards, which will be announced on the second day of the conference.
Visit us at stand B175 at SBC Summit Americas to learn more about how Vixio can help your business navigate the regulatory challenges of the gaming industry.
For more information, or to book a meeting with a Vixio representative at SBC Americas, visit vixio.com.
The post Americas Online Gambling Market To Soon Eclipse Europe’s, Finds Vixio Forecasts appeared first on European Gaming Industry News.
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