The regulated gambling industry faces an increasing threat from illegal betting markets, a concern highlighted by Grainne Hurst, CEO of the Betting and Gaming Council (BGC), during her keynote speech during the yearly training conference hosted by the Gambling Anti-Money Laundering Group (GAMLG). She emphasized that unauthorized gambling operations pose significant risks to both consumers and the integrity of the licensed sector. As unregulated platforms continue to grow, they not only divert revenue from legitimate operators but also expose users to heightened financial and security risks....

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