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Additionally the report cited taxing consumers (in 29% of the 28 markets covered), and banned products (14%), were also propelling growth in illegal gambling. A lack of choice, due to monopolies in place in five markets has also driven the rise.
Players typically play across various verticals, and by imposing restrictions on specific verticals or betting markets, engaged customers will look elsewhere to access these activities.
“If a customer finds black market sites that have all their preferred betting and gaming options, convenience dictates they will transfer a broad range of their expenditure there. Consumer recycling means that banning or restricting key products has a broader distortive impact on the entire market,” the report noted.
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Pragmatic Play and studio partner Reel Kingdom are extending their Big Bass franchise with Big Bass Splash Halloween 1000. It’s a Halloween-themed release scheduled for October 12, 2026.
The more telling point for slots readers isn’t the game itself. It’s what the game represents: the fourth Halloween-branded entry in a single series, which shows just how aggressively Pragmatic Play iterates on its most recognizable slot IP.
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Research from Stanford University published in April concluded that sports bettors remain “overoptimistic,” generally expecting to break even despite losing an average of 7.5 cents on every dollar wagered.
“Overoptimism is largest among bettors who partake in a complex type of bet known as a parlay,” the Stanford researchers wrote. “Compared to other forms of betting, parlays are more likely to be driven by bias.”
The post Survey: Struggling Americans Turning to Sports Betting as Financial Lifeline appeared first on Casino.org.