Melanie Porter's latest articles
Melanie Porter
EditorAfter finishing her master's in publishing and writing, Melanie began her career as an online editor for a large gaming blog and has now transitioned over towards the iGaming industry. She helps to ensure that our news pieces are written to the highest standard possible under the guidance of senior management.
Business
June 18, 2024
Morgan Stanley Thinks Forecasted Buyback Will Boost DraftKings’ Shares
Earlier in the month, Morgan Stanley‘s analyst, Stephen Grambling, and his colleagues spoke about DraftKings’ impressive market growth and well-balanced promotional environment, giving the US-based vertically integrated sports betting operator a favorable outlook. Now, analysts from the same NYSE-listed leading global financial services firm are projecting a strong rest of the year for the operator, […]
Legal
June 17, 2024
MGM Resorts Dealing with New Class Action Lawsuit
In September 2023, the S&P 500 global gaming and entertainment company featuring national and international locations that create “immersive, iconic experiences,” MGM Resorts, was hit by an unprecedented cybersecurity attack across several US states that prompted the shutdown of computer systems. Now, MGM Resorts is facing a class action lawsuit alleging a series of failures […]
Blockchain
June 17, 2024
Drake Could Lose $1M in Bitcoin Bets on Stake
In February, Canadian rapper, songwriter, and singer Drake announced he placed a massive bet on the Kansas City Chiefs to beat the San Francisco 49ers at the Super Bowl. This raised concerns among Chiefs’ fans who were familiar with the so-called “Drake curse.” The latter is a belief that all teams backed by the artist […]
Industry
June 14, 2024
Indonesia Looking to Stop Illegal Gambling Following Disturbing Murders
As a result of a disturbingly large number of gruesome murder cases allegedly connected to online gambling in the last few months, Indonesia has announced it would increase its efforts to put an end to illegal gambling. The reported deaths were reflective of the challenges that anti-gambling enforcement is currently facing in the country. President […]
Business
June 14, 2024
AGLC to Buy 150 Valor Terminals From Inspired Entertainment
NASDAQ-listed business-to-business supplier of gaming content, technology, services, and hardware, Inspired Entertainment, has announced a fresh partnership with Alberta’s governmental agency responsible for overseeing casino gaming, Alberta Gaming, Liquor, and Cannabis (AGLC). The announcement comes half a year after the start of what proved to be a successful trial period, as a result of which […]
Blockchain
June 13, 2024
NHS Wants Crypto Trading to Be Regulated to Curb Addiction
NHS England’s chief executive, Amanda Pritchard, has expressed concern regarding the growing number of youngsters seeking support after getting addicted to cryptocurrency trading. During the NHS ConfedExpo conference held in Manchester following a visit to an NHS addiction center, Pritchard said she wants to see crypto trading be regulated by the government so the harms […]
Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]
Industry
June 12, 2024
Senator Irajá Believes Brazil’s IRs Can Raise Up to $ 7.5bn
The wind of change is blowing over Brazil as the trend aimed at the legalization of gambling is getting more and more backed up by voices using the revenue argument. During an interview for Brazil’s important outlet for economy, finance, and business, Valor Econômico, senator Irajá Silvestre Filho said the country could record revenue of […]
Industry
June 12, 2024
Romania’s Ban on Gambling in Small Towns Undergoing Review
Romania’s Supreme Court has decided that the gambling restrictions imposed on brick-and-mortar casinos in localities with a population below 15,000 should be subject to a constitutional review. Back in April, Prime Minister Marcel Ciolacu’s executive order to ban gambling in small towns received the green light from the parliament, when 243 deputies expressed their votes […]
Industry
June 11, 2024
Study Shows Almost 40% of Gamblers Overestimate Risk Behavior
Bet on Awareness, the campaign with a focus on harmful gambling behavior conducted by award-winning safer gambling software Mindway AI, testing agency and standards organization in online gambling, eCOGRA, and CasinoReviews.net, has come to an end. A “Gamified Reinvention of the Self-Test” The study, which was aimed at investigating players’ gaming habits and risk assessment, […]
