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Much of the onus for the increasing black market is put on increasingly restrictive policies enforced by regulators across the licensed sector.
Taking a deeper look at these restrictive driving black market activity, up to 46% of the markets covered in the report enforced “significant advertising restrictions” on the regulated market, including in Belgium, Bulgaria, Coratia, Cyprus, Germany, Italy, Latvia, Lithuania, Montenegro, the Netherlands, Poland, Romania and Spain.
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.
What is Rainbow Princess?
Last month, meanwhile, Betfred announced plans to shutter 132 of its UK betting shops, reducing its workforce by over 600 employees.
Betfred CEO Jo Whittaker said: “We have tried hard to protect all our sites and the colleagues who work in them, but the combined impact of higher employer National Insurance contributions, wage inflation, increases in gambling taxes and wider economic uncertainty has left us with no choice.”
Kyle has been with Clarion since December 2023, joining from the world of sports journalism, subsequently becoming a LatAm-facing senior reporter with iGB.
What is Rainbow Princess?
Distribution reinforces why the recurring format matters commercially. 1spin4win’s content is available through a growing network of more than 1,000 casino partners worldwide, including 1xBet and RocketPlay.
Art director Olga Bogdanova framed the release around atmosphere and its new mechanic, describing it as “our new event-themed slot with the Plus Coin mechanic.” The wording fits the broader pattern. A familiar celebration, iterated with a fresh feature, dropped into the calendar slot the studio reserves for it every year.
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