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Chinese Prosecutors Seize Millions in Bitcoin in Case Linked to Online Betting Platform
Chinese prosecutors have seized close to $17 million in Bitcoin from a man accused of stealing funds from an overseas online sports betting platform, in a case that has drawn attention to the legal treatment of cryptocurrency and data-related crimes in China. According to Chinese media outlet The Paper , the suspect is a Shenzhen-based IT network security engineer. For legal reasons, media reports have identified him under the alias Li Dong. Li was first detained in 2024 by p
Jan 273 min read


Indonesia Orders Closure of Over 31,000 Bank Accounts Tied to Online Gambling
Indonesia’s Financial Services Authority (OJK) has directed the country’s banks to block and shut down 31,382 accounts suspected of being connected to illegal online gambling activities, an increase from the 30,392 accounts previously flagged by regulators. Authorities have repeatedly warned that online gambling poses serious risks to financial stability, disrupts household finances and undermines the wider economy. Although many gambling platforms are operated from outside
Jan 162 min read


Cyprus Betting Market Grows 7% in Q3 2025 as Online Play Dominates
Cyprus’ betting market continued its expansion in the third quarter of 2025, with total gross revenue from Class A and Class B operators rising 7 per cent year-on-year to €312.5 million, according to data released by the National Betting Authority (NBA). The figure also marks a 20 per cent increase compared with the same period in 2023. The authority reported that online betting maintained its dominant role during the July to September period. Class B operators generated €235
Jan 142 min read


Online Casino Growth Powers Continued Expansion of Spain’s Digital Gambling Market
Spain’s online gambling sector maintained its strong upward trajectory in 2025, with online casino activity once again acting as the primary engine of growth, alongside rising betting revenues and increased marketing spend. According to figures released by the General Directorate for Gambling Regulation (DGOJ) covering the three months ending 30 September 2025, gross gaming revenue (GGR) across Spain’s regulated online gambling market reached €405.36 million. This represent
Dec 31, 20252 min read
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