Recent events have put the spotlight on the sports betting industry, specifically targeting major players such as FanDuel and DraftKings. U.S. Senators Mike Lee and Peter Welch have expressed serious concerns over potentially anti-competitive behavior exhibited by these companies. Their actions have sparked a call for an investigation into practices that may be stifling competition, […]
UK Retailers Warn Reeves of £7 Billion Hit From Budget Tax Rises
In a stark warning to the UK government, major retail businesses, including giants such as Tesco, Boots, Marks & Spencer, and Next, have united to express grave concerns over the enormous financial burden that the recent budget will impose on the industry. Their message, communicated through a letter with 79 signatories from the British Retail […]
Brazil's Betting Boom: A Double-Edged Sword for the Economy
Brazil is currently experiencing a surge in online sports betting, transforming the nation into one of the largest sports betting markets globally. While foreign betting companies are eagerly investing in this burgeoning industry, the economic implications raise significant concerns among experts and policymakers. The key question emerges: will this betting boom provide the promised economic […]