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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Business
December 22, 2020
Yggdrasil Extends Veikkaus’ Online Partnership into Retail
Gaming solutions provider Yggdrasil announced today it entered into a deal with Finland’s state-owned gaming operator Veikkaus, signing a Game IP Licensing Agreement. Slot Games for Veikkaus’ VLTs Under the terms of the deal which relates to the retail segment of Veikkaus, Yggdrasil will work in collaboration with the state-owned gaming company to repurpose its […]
Legal
December 22, 2020
IGB Launches Disciplinary Case against Accel Entertainment
One of the largest video gambling operators in the US, Accel Entertainment, is facing a $5 million levy from the Illinois Gaming Board (IGB) for allegedly violating the regulator’s inducement rules. Commissions for Business Owners The 8-page complaint against the operator alleges Accel entered into a deal with sports betting brand DraftKings to use commissions […]
Casino
December 22, 2020
Tribal Casinos Linked to Community Outbreak Numbers
Tribal casinos in San Diego County were linked to at least 638 community outbreaks for the period from late June to mid-December, a comprehensive report from a local news media revealed. Not One Property Was Spared The highest numbers of virus community outbreak cases related to the two biggest casinos in the county, the Viejas […]
Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Legal
December 21, 2020
New York Is Looking at Mobile Wagering to Fill Budget Hole
New York may revisit legalization of mobile sports betting after Gov. Cuomo hinted last week he might not oppose the move, looking for extra revenue for the state coffers. Mobile Sports Betting Legalization Cuomo suggested he might sign the bill to legalize wagering via mobile apps but according to analysts, projected tax revenue from mobile […]
Business
December 21, 2020
GiG Issues €8.5M Subordinated Loan to Institutional Investors
Supplier of technology solutions for the gaming industry Gaming Innovation Group (GiG) announced today it decided to issue a subordinated convertible loan to two Nordic investment funds. Institutional Investors Happy to Invest Looking to boost shareholder value coming into 2021 and to take advantage of business momentum generated by strong performance for the last year, […]
Legal
December 20, 2020
Illegal Gambling in Singapore Brought Jail Time to Father and Son
Two people arrested for running a transnational gambling syndicate which collected bets on legal Singapore Pool lotteries were sentenced to jail time and hefty fines this week. Family Business Ends in Jail Tuesday, December 15, Ow Choon Bok, a 44-year-old Singapore resident and his father, Ow Gowan Hock, 73, received sentences of five and three-and-a-half […]
Industry
December 20, 2020
Macau November Tax Revenue Up 203% Compared to October
A glimmer of hope for the fading casino industry in Macau was given by the latest financial data release by the city’s Financial Services Bureau, showing Macau government collected two times more in tax revenue in November compared to October. November Twice as Good as October The government in the Special Administrative Region (SAR) of […]
Casino
December 20, 2020
Japan IR Still on the Agenda, Revised IR Policy Adopted
Central authorities in Japan have not given up on the idea of developing integrated casino resorts (IR) in the country, the government indicated this week, stating its intent to have a direct role in the communication process with the candidates. Central Role in Communication Despite the bumps along the road, including the resignation of Prime […]
Industry
December 19, 2020
Psychiatrists Call for Ban on Advertising in Irish Sports
An urgent ban on gambling advertising as part of laws needed “now more than ever” to tackle gambling addiction was proposed by the College of Psychiatrists of Ireland, arguing the restrictions and lockdowns related to the efforts to curb the spread of the virus further fuelled an already existing issue. Isolation and Increased Target Advertising […]