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Industry
September 30, 2024
Brazilian Lawmakers Introduce New Safer Gambling Bills
As Brazil prepares to launch regulated sports betting, lawmakers continue to discuss potential safer gambling measures. Officials have launched two measures that would protect vulnerable players from gambling harm as addiction-related concerns grow. New Measures Would Protect the Vulnerable from Harm Senator Alessandro Vieira introduced PL 3,718/2024, a measure that would limit betting among senior […]
Industry
September 30, 2024
US Tax Foundation Discusses the Disparity in State Betting Taxes
The Tax Foundation has published a report on the various states’ approach to how sports betting should be taxed. The foundation highlighted noticeable disparities between states with high taxes and ones in low taxes. The Tax Rates Vary from State to State The report pointed out that New York, New Hampshire and Rhode Island have […]
Industry
September 30, 2024
Ex-UK Deputy PM Interviewed amid Election Betting Probe
Ahead of the General Election in the UK, a massive betting-related scandal erupted. The case involved politicians and police officers who fell under scrutiny over allegations of placing bets on the date of the election. Nearly two dozen individuals were investigated over political betting and using insider information to place bets for the election date […]
Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Industry
September 30, 2024
Former Regulator Exec Advocates for Stronger Gambling Framework
There are different regulations when it comes to gambling in states across the US. While some states permit casino and sports betting, others prohibit such forms of gambling. Just like the regulation can vary from one state to the other, so can the legal gambling age. In some US states, the minimum age required for […]
Industry
September 30, 2024
Woman Shot Near Ameristar Casino Garage, in Critical Condition
A 27-year-old woman is fighting for her life after she was shot in the neck at a parking garage near Ameristar Casino in St. Charles on Saturday at approximately 2:30 a.m., as per St. Louis, Mo. TV station KTVI. The unnamed victim was rushed to a local hospital with life-threatening injuries that required emergency surgery, […]
Industry
September 30, 2024
Tim Costello Criticizes NRL, AFL for Ignoring Problem Gambling
Gambling is recognized as a serious public health issue in Australia. The scale of the issue is evident, especially considering the annual losses to gambling hit AU$32 billion ($21.6 billion) based on data supplied by the Queensland Government Statistician’s Office. In that line of thought, meaningful changes are long overdue, and the time has come […]
Industry
September 27, 2024
New AGA Research Highlights Surge in Responsible Gaming Investments
Recent research from the American Gaming Association (AGA) has found that the gaming industry is investing significantly more in responsible gaming than ever, reaching $471.8 million spent annually, a 72% increase from approximately $275 million in 2017. This new data, compiled by a leading international accounting firm, underlines the growing financial commitment of the industry […]
Industry
September 27, 2024
Norsk Tipping Slapped with $427K Fine in Norway
According to the Norwegian gambling regulator, the Lotteries and Foundations Authority, Norsk Tipping has failed to meet the standards set out by the Money Gambling Act. Norsk Tipping gets fined for overpaying a player The operator is said to have paid a player $2.25 million without sticking to due process. The player in question was […]
Industry
September 27, 2024
Bahawalpur Police Arrest 13,000 Offenders, Including 312 Gamblers
Bahawalpur Police have arrested a whopping number of 13,881 suspects in the last half a year, recovered stolen cash, and seized property with an estimated worth of more than Rs110 million ($1.31 million). The long list included 2,705 individuals with links to criminal advertisements as well as 365 court absconders and more than 300 gamblers. […]
