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- Jerome García
Jerome García's latest articles
Jerome García
JournalistJerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Legal
September 26, 2023
Gambling Regulator in Lithuania Fines Amber Gaming $16K
The gambling regulator in Lithuania, the Lithuanian Gambling Supervisory Authority, constantly monitors the gambling operators in the country and imposes fines or other sanctions in case it uncovers breaches of the established regulations. Amber Gaming, a betting and gaming operator in the country, was the latest operator to fall under the Authority’s scrutiny. On Tuesday, […]
Industry
September 26, 2023
CFTC Rejects Kalshi’s Congressional Betting Proposal
In addition to sports betting, placing wagers on different events has been gaining popularity over the last few years. Along with that, came attempts to place wagers on political outcomes, an activity that is criticized rightfully given its nature. Back in 2020, KalshiEX LLC became the first regulated financial exchange dedicated to trading event contracts. […]
Business
September 25, 2023
Entain Hit by Regulatory Headwinds, Prepares for Slower Online Growth
The global gaming, sports betting and interactive entertainment company, Entain, released a new report Monday, providing an update on its current trading as well as FY 2023 guidance. The recent report included details regarding strategic actions that seek to drive shareholder value and accelerate its operational performance. Focusing on current trading, Entain said that has […]
Casino
September 25, 2023
Holland Casino Picks Location for New Groningen Casino
The leading Dutch gambling operator, Holland Casino, announced it has selected land for its new casino location in Groningen. The company confirmed that it identified Business Park Ter Borch near municipality Tynaarlo for its new venue which is expected to open for visitors at some point in 2027. The location was picked considering its ease […]
Business
September 25, 2023
Loto-Quebec Posts Strong Revenue for Q1 of Fiscal 2023-2024
Loto-Quebec, the Canadian lottery and casino operator, released its latest financial results, outlining details regarding its performance for the first quarter of the fiscal year 2023-2024. In its latest report, the operator confirmed that it has seen total revenues of CA$711.2 million ($528.2 million), as well as a consolidated net income of CA$380.9 million ($282.9 […]
Sports
September 25, 2023
Non-transparent FA Policy Creates Double Standard for Betting
Over the last two decades, the popularity of sports betting has grown exponentially. With smartphones, wagering on sports has never been easier, while recently, major gambling operators inked sponsorship agreements with globally-recognized soccer clubs. This growing popularity of sports betting resulted in concerns about the integrity of soccer competitions. In the United Kingdom, the Football […]
Industry
September 22, 2023
Las Vegas Gaming Companies May Benefit from Business Travel Recovery
Three and a half years ago, the global COVID-19 pandemic impacted nearly all industries across the globe. The entertainment, hospitality and gambling sectors weren’t spared, and tribal and commercial casinos across the US endured temporary restrictions, including closures. Despite the huge impact of the pandemic on the gaming and hospitality sector, visitation is gradually returning […]
Industry
September 22, 2023
Leading Gambling Executives to Participate in G2E 2023 Keynote
The world’s premier gathering of commercial and tribal gaming professionals, G2E, is planned to take place next month between October 9 and October 12. The much-anticipated event for the gambling sector will feature a dynamic keynote with recognizable executives from the industry. The keynote will precede the grand opening ceremony of the expo floor on […]
Industry
September 22, 2023
AML Operation Seizes $1.7bn in Assets in Singapore
Last month, an operation by the Singapore National Police against a group of foreign nationals, allegedly involved in money laundering and other criminal activities, including online gambling and scams, resulted in the arrest and charges against 10 individuals. At the time of the announcement, an estimated S$1 billion ($732.2 million) in assets were seized. In […]
Industry
September 22, 2023
Bilibili Investors Ask Pomerantz to Investigate Securities Fraud
The premier firm specializing in securities, corporate and antitrust litigation, Pomerantz LLP, announced it is investigating claims on behalf of investors of the online entertainment services provider in China, Bilibili Inc. Details regarding the new probe emerged Thursday, September 21, 2023. The investigation by Pomerantz will seek to determine if some Bilibili directors or officers […]