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Gambling Regulation News | Page №3

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By Rebeka Kulakevich
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Gambling turning into crime - New Jersey proposal comes to the rescue

Almost 70% of people in NJ participated in gambling just this last year, and 6.3% are suffering from uncontrollable gambling addictions. It’s a massive issue, considering that suchlike activities trigger parts of the brain that make it far too exciting for the participants to stop, eventually making gambling a habitual chase. What drives the addiction is usually the first successful win, which sets in a feeling of thrill and prompting a hunger for more. That in itself is a recipe for disaster, and the state of New Jersey suffers greatly, not just from addiction but also from gambling-related crimes.

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By Rebeka Kulakevich
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Vaccine lottery scam alert | World Health Organization warns against new scams

Vaccinated folks are awaiting a potential prize draw that could change their lives. And while many have already been randomly selected for various cash winnings and generous perks, thousands of overly excited individuals fell for scams that came with painful, nonrefundable aftermath. It’s easy to think that falling for a scam is a foolish mistake, but con artists never miss a chance to develop a new scheme that can be surprisingly convincing - even to the vigilant eye. This week, the World Health Organization made efforts to alert the vaccinated against compensation scammers impersonating Capital Finance.

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By Rebeka Kulakevich
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17 suspects arrested in South Korea for operating illegal sports gambling sites

Even the smoothest criminals tend to slip up sometimes. And something like running an unregistered, undocumented gambling site seems like a sleek idea until it catches speed and becomes challenging to keep up with when it comes to hiding it from authorities. But everything that’s in the dark eventually comes to light, and that was the painful lesson learned for a group of lawbreakers in South Korea in late June 2021.

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By Alex Gambler
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Betsson’s Focus at LatAm: Record-Breaking Revenue in Q2

Betsson AB announced its latest report with numbers and statistics. The second quarter of Betsson’s work turned out to be record-breaking as the Q2 revenue was as significant as €186.3m (£158.9m/$189.5m), with the net income equal to €28.6 million or €0.21 per share. Though the results in Western Europe fell by about 40%, the market that succeeded was Latin America.

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