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Irish Governor Compares Crypto to Gambling

Irish Governor Compares Crypto to Gambling

Gabriel Makhlouf, the governor of The Central Bank of Ireland, said the financial institution is very concerned about the risks of unbacked cryptocurrencies. He also said such currencies have “no social value” and likened them to Ponzi schemes, urging lawmakers to ban the crypto advertising….

The Costs of Gambling to UK Society

The Costs of Gambling to UK Society

Statista’s experts recently shared research on the cost of gambling in British society per year. The study includes an assessment of material and non-material costs in such areas as psychological and physical health, criminal activity, education, employment, and finances. Each of the listed aspects was…

What Will Happen to Veikkaus Gambling Monopoly?

What Will Happen to Veikkaus Gambling Monopoly?

Finland will abolish the monopoly on gambling and move to a multi-license system. The Finnish government is considering a new model with plans to end the existing monopoly on gaming. New reforms can be carried out by 2025. In an interview with the Finnish media,…

Drake Lost $1 Million Bet Made on Argentina

Drake Lost $1 Million Bet Made on Argentina

The event took place on December 18. The rapper’s bet failed since the game ended with a final score of 4-2. Drake wagered that the team would win on a 1×2 market bet, meaning it had to win within regulation time. However, the extra time…