Joel Loynds

Manchester

Freelance Writer at Freelance

i'm on the other place now https://t.co/HcqvSKmVtx

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Articles

FTC forces Genshin Impact to reveal real costs behind gacha giant

5 days ago | readwrite.com | Joel Loynds

The Federal Trade Commission (FTC) has forced Genshin Impact developer, HoYoverse, to show the true numbers behind its gacha game. It has resulted in the information being surfaced in-game, in an effort to curb overspending. HoYoverse’s settlement with the FTC for $20 million comes with a few other catches, too. The FTC has also made it mandatory for Genshin Impact to verify US players’ age.
WWE Backlash betting odds: John Cena headlines post-WrestleMania show

6 days ago | readwrite.com | Joel Loynds

WWE is back with its follow-up to WrestleMania, with Backlash. The entire landscape has shifted just a tad since Las Vegas, with John Cena now in his record-breaking 17th championship as he moseys on down for retirement later this year. With Triple H now firmly in the creative seat, Backlash isn’t often the place for major upheavals. Over the last few years, most championship matches have been won by the belt holder, with a slight air of predictability.
Indian Premier League (IPL) halts competition as Pakistan tensions hit boiling point - betting markets will be hit hard

6 days ago | readwrite.com | Joel Loynds

The Indian Premier League (IPL), the country’s top cricket tournament, has been put on hold as mounting tensions with Pakistan put people at risk. This comes as the Indian army claims it had “repulsed” drone attacks from Pakistan. The tit-for-tat firing of weapons has resulted in an estimated “40-50 soldiers” from India being killed by retaliatory strikes. Pakistan had launched this attack after India shelled the country on Wednesday morning.
Indian Premier League (IPL) halts competition as Pakistan tensions hit boiling point – betting markets will be hit hard | Flipboard

6 days ago | flipboard.com | Joel Loynds

NowAmid war cries and triumphalism, empathy, pluralism and our very humanity are slipping away. On the night of May 6, India went to bed. In the morning, we were at war. When I woke up on Wednesday at about 4:30am to use the bathroom, the glow of my phone screen caught my bleary eye. Still half asleep, …
Crypto casino founder that gambled investor cash charged by SEC

6 days ago | readwrite.com | Joel Loynds

Crypto casino founder Richard Kim has had his gambling spending spree confirmed by the SEC. The Securities and Exchange Commission has provided an enforcement action, which details Kim’s spending habits. Kim has now been charged by the SEC for committing fraud by spending $3.7 million on gambling and failed trading. As we’ve previously reported, the Zero Edge founder had spent his investors’ money on crypto gambling.
Play'n Go's execs have a pointed message for sweepstakes casinos

1 week ago | readwrite.com | Joel Loynds

Play’n Go’s CEO has come out against online sweepstakes casinos as the US and other areas of the world begin to scrutinise them. States across the US have begun to move to outright ban them, as regulating sweepstakes is proving to be a tough job. Johan Törnqvist, Play’n Go’s CEO, said in a statement on Tuesday:“Sweepstakes casinos do not operate inside a regulated framework, and that’s not something we support. “Our commitment to regulated markets is absolute.
Lottery couriers get temporary out from Texas ban

1 week ago | readwrite.com | Joel Loynds

After what looked to be a decisive vote on banning lottery couriers in Texas, the major change has been put on hold. A judge in Travis County temporarily prevented the state from enacting its new ruling on couriers. Lottery couriers in the US allow players to purchase tickets through apps or websites. The third party handles everything, including sending winnings, but has been abused in recent years. This happened in Texas in 2023.
Sweepstakes casinos and lottery couriers near ban in Connecticut

1 week ago | readwrite.com | Joel Loynds

Connecticut’s 22-0 bill to ban sweepstakes casinos is going ahead to the Senate floor. The bill will also ban lottery couriers, as the state tries to curb alternative gambling outlets that go unregulated. SB 1235 won out in March, with a 22-0 vote, as the state looks to put a blanket ban on sweepstakes casinos. The bill was unanimously voted on (37-0) in the Judiciary Committee in April as well.
Flutter Entertainment adjusts profits after gamblers won too much

1 week ago | readwrite.com | Joel Loynds

Flutter, the owners of FanDuel, Paddy Power, and other gambling companies, has lowered its expected US profits after gamblers won too much. After the basketball tournament, March Madness, appeared to bring betting-friendly results, Flutter will now suffer for the second quarter in a row. The gambling giant is lowering its US financial forecast by $180 million to $1.13 billion as payouts trumped everything. However, it’s not all bad news, as the overall year-on-year growth still comes in at 123%.
AGOK hits out at Kenyan government over 30-day advertising ban

1 week ago | readwrite.com | Joel Loynds

Kenyan gambling operators have come out against the government’s “blanket advertising bans“. The Kenyan government has begun to take action against the rising popularity of gambling in the country, with advertisement bans the next step. This comes as earlier in the week, Kenyan authorities issued an ultimatum to broadcasters to ease up on gambling content.