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Industry News and Headlines
Industry
March 26, 2024
UK MP Involved in Gambling Lobbying Scandal Resigns
Tory MP Scott Benton has decided to resign, saying that he has always sought to protect Blackpool’s best interests. His departure comes a year after a gambling lobbying scandal. For reference, Benton was suspended from the parliament after he was accused of lobbying efforts. Back in early 2023, the Blackpool South MP was approached by […]
Industry
March 26, 2024
VDAI Slams ‘Gambling Atlas Germany 2023’ Over Methodological Flaw
The Association of the German Slot Machine Industry (VDAI) has voiced strong criticisms against the “Gambling Atlas Germany 2023,” citing methodological flaws and inadequacies. The VDAI outlined 30 specific points of contention, highlighting unreliable sources, flawed methodologies, and erroneous claims within the Atlas. ‘Gambling Atlas Germany 2023’ Falls Short on Objectives and Statistical Accuracy” The […]
Industry
March 25, 2024
Yggdrasil Fined in Sweden for Providing Software to Unlicensed Operator
The Swedish Gaming Authority (SGA) has levied a SEK300,000 ($28,350) fine against Yggdrasil for supplying software to an online gambling operator that lacked a Swedish license, marking the first such penalty under the new B2B licensing requirements. This case serves as a warning to the broader industry, signaling that the SGA will not tolerate licensed […]
Industry
March 25, 2024
Malta Gaming Authority Cancels BTM Entertainment’s License
Several years ago, in 2019, the gambling regulator in Malta, the Malta Gaming Authority (MGA), announced it decided to suspend the authorization of BTM Entertainment Group Limited, a company that operated the online gambling brand Roy Richie. This suspension effectively stopped the gambling company from operating as it wasn’t allowed to register new players or […]
Industry
March 25, 2024
In Practise Alleges Evolution of Illegal APAC Wagers
On Friday, an X post confirmed that investment research firm In Practise was getting ready to publish a report concerning Evolution’s operations in the Asia-Pacific (APAC) region. Accordingly, the latter’s share price dropped 9.9%, from SEK1,372.80 ($129.78) to SEK1,237.40 ($116.97). The piece of research concerning the world leader in product innovation and advanced IT […]
Industry
March 25, 2024
BetCity’s Former Owners File €104M Counterclaim against Entain
A few years ago, Entain announced its plans to acquire the leading online betting and iGaming brand in the Netherlands, BetCity. Last year in January, the company finalized the acquisition of the brand. However, earlier this year, Entain launched a lawsuit, alleging that the former owners of BetCity failed to disclose a couple of breaches […]
Industry
March 25, 2024
ETSU Gambling Clinic Notices Rise in Visits Among Youngsters
In the context of the current 2024 NCAA Tournament and the legalization of mobile sports bets in Tennessee and its spectacular effects, the personnel at East Tennessee State University’s (ETSU) gambling clinic have announced an outbreak in the number of young individuals visiting the clinic for gambling-related problems. ETSU uses a $1.2 million grant from […]
Industry
March 25, 2024
PGCB Issues Fines of $10,000 to DraftKings and Stadium Casino
On March 20, the Pennsylvania Gaming Control Board announced that it had approved two consent agreements presented by its Office of Enforcement Counsel. The agreements were presented during the regulator’s public meeting on that day and resulted in a total of $20,000 in fines against two separate gambling operators. The first operator the PGCB levied […]
Industry
March 25, 2024
Wynn Resorts’ Lawsuit against Fontainebleau Intensifies
Despite the existing non-compete clauses, effectively restricting employees from one gambling operator to engage in employment with another, competition in the sector is fierce. Such policies affect a number of important employees and breaches may result in legal action. A few years ago, Wynn filed a lawsuit after losing a high-ranking employee to Fontainebleau. While […]
Industry
March 25, 2024
Bally’s Helps Tropicana Workers Find New Employment
The upcoming demolition of Tropicana in Las Vegas will pave the way for the creation of a new baseball stadium in Sin City. The stadium will be the new home of the Oakland Athletics, the famous Major League Baseball (MLB) franchise and has a price tag surpassing a whopping $1 billion. Yet, the demolition of […]