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Macau saw a spike in gaming-related crime in the first quarter of 2025. The increase has been linked to new legislation criminalizing money exchange operations. The central government is stepping up its fight against illegal money exchange businesses in Macao, aiming to clean up the city’s gambling scene and protect social stability. This crackdown targets underground gambling, money laundering, loan sharking, and scams that…
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Bitblox, the creative team behind the hit crypto prediction games Up or Down? and 3 in a Row, is teaming up with YOLO Investments—a cool venture capital firm that loves everything blockchain and fintech. Thanks to YOLO’s support, Bitblox is ready to take its games to the next level! YOLO Investments has been a longtime fan of Bitblox, with its proprietary iGaming platform Hub88…
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The founder of payments platform Papara has been arrested in Turkey on charges related to illegal gambling. Papara Founder Arrested in Massive $330 Million Illegal Gambling Crackdown in Turkey In a sweeping crackdown on illegal online betting, Turkish prosecutors arrested 13 suspects, including Ahmed Faruk Karslı, the founder and chairman of the popular fintech platform Papara. The early morning raids across Istanbul targeted a criminal network accused…
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