Smartphones are also affecting several facets of young people’s lives - including the ever-growing community of sports betting in Africa, says Victor Odundo Owuor.
JSE-listed horse-racing and betting operator Phumelela Gaming & Leisure is postponing the release of its annual results for the 12 months ended July 31, it announced on Tuesday.
Casinos use sounds, lights, and physical design to lead people into spending more money.
Police in Vietnam broke up an online gambling ring that had handled more than $1bn in bets and arrested 22 people, reports said Saturday.
Video game 'addiction' decision renews debate over whether behaviours can cause same kind of illness as drugs.
Scottish addiction treatment centre Castle Craig Hospital has launched a programme geared to help people who are addicted to trading cryptocurrencies online.
Lottery operator Ithuba Holdings has appealed for the owner of a lottery ticket that won a jackpot come forward before the winnings are forfeited.
The trade and industry department has announced the confiscation of the winnings of online gamblers in SA.
People known as “money mules” are increasingly becoming part of the illicit money transfer method in the online gambling and betting sector, said Olwethu Majola-Kinyunyu, a senior editor for the Anti-Money Laundering Journal of Africa.
Tsogo Sun is positioning itself for an economic rebound as the gaming and hotels company upgrades casinos in its core market.
In the 1970s, university professor Doyne Farmer and two physics students built a tiny computer that could be hidden in a shoe, which could predict where roulette balls would land. At casinos in Las Vegas, they communicated with toe-controlled switches about what bets to make. Their winnings were great, but they quit because "we were nervous about getting our kneecaps broken". Today, Farmer works in global finance.
A lesson to all of the dads out there: If you dangle a next-gen game console as an incentive for doing something, your child will perform miracles.
Tiger Woods knew the first bet to win the Masters was a good one. The second one to win the grand slam? Not so much.
A "gambling levy", to mitigate the negative effects of excessive gambling, was again proposed in Finance Minister Tito Mboweni's 2019 Budget speech.
Chinese officials shut down an online gambling ring that had accumulated $1.5 billion, or around R14 billion, in bets made on World Cup matches using cryptocurrencies like ethereum, bitcoin, and litecoin.
No prior experience required.
Online gamblers have had over R1m confiscated by the state after a court ordered several gamblers to forfeit their illegal winnings to the state.
Gambling is an addiction that some people never recover from.
The Department of Trade and Industry has published liquor and gambling amendment bills that aim to limit the social ills associated with drinking and gambling.
Sun International has been given the green light to merge its Latin American portfolio with Chile-based leader in the gaming and entertainment industry Dreams SA.
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