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Industry News and Headlines
Industry
June 11, 2024
Singapore Hands Another Prison Sentence in Anti-money Laundering Case
Last summer, Singapore conducted a massive police operation that included raids in many locations. With the raids, law enforcement sought to dismantle a criminal organization that was involved in money laundering and illegal gambling. The police operation resulted in the arrest of 10 foreign nationals. On Monday this week, the last person out of the […]

Industry
June 11, 2024
FanDuel Dominates Virginia Mobile Sports Betting Market
April saw FanDuel solidify its position as the dominant force in Virginia’s mobile sports betting landscape. The leading sportsbook reached another milestone by surpassing $700 million in all-time revenue. Data obtained through a Freedom of Information Act request to the Virginia Lottery revealed that FanDuel continues to lead the market with impressive performance metrics. FanDuel’s […]

Industry
June 11, 2024
Police Investigate Deadly Shooting at Oklahoma’s Choctaw Casino
The Oklahoma State Bureau of Investigation (OSBI) recently detained one individual, suspected of being related to a deadly shooting that took place at the Choctaw Casino and Resort in Durant. The shocking crime took place on Sunday and resulted in the death of one man. A 20-year-old man identified with the initials A.L. was arrested […]

Industry
June 10, 2024
Sky News Host Questions Decision to Ban Betting Ads But Ignore Pokies
Sky News host Caleb Bond commented on Australia’s planned crackdown on gambling ads in sports. While there is bipartisan support for restrictions on betting advertising, Bond argued that sports betting might not be the “big evil” some believe it to be. The expectations for ad restrictions come in the wake of the Parliamentary Standing Committee’s […]

Industry
June 10, 2024
NY Betting Handle Exceeds $200M Once Again
The New York State Gaming Commission has published a new financial update on the state’s sports betting industry. According to official data, the monthly wagering GGR exceeded $200 million for the second time ever. As mentioned, GGR stood at approximately $200 million, marking the second time New York has pulled off such a feat. For […]

Industry
June 10, 2024
Maine’s Betting Handle Grows, Revenue Continues to Decline
Maine published data about the financial performance of its sports betting industry in May, posting a decline in revenue in spite of an increase in betting handle. In total, sports bettors spent $39.9 million on sports wagers in May. This represents a 4.2% month-on-month increase from the figures posted in April. Despite the increase, sports […]

Industry
June 10, 2024
Ingenuity Gaming Hires ex-Light & Wonder and Entain Talent
Two distinct specialists are joining Ingenuity Gaming moving forward, first with Mark McGinley, a former Entain heavyweight, stepping in as chief gaming officer. McGinley most recently held a job at Yggdrasil, another prominent supplier, where he also worked as chief gaming officer bringing relevant expeirence in tow. Tapping the Industry’s Most Prominent Talent McGinley was […]

Industry
June 10, 2024
Yggdrasil Adds Hungrybear to YGG Masters Program
Yggdrasil, a leading publisher of iGaming content, has added the innovative slot developer Hungrybear to its YGG Masters program. The new addition will expand the program, allowing players to experience slot gaming in a new way. As part of the YGG Masters program, Hungrybear will create the first real-money gaming version of Slot Masters, Hungrybear’s […]

Industry
June 10, 2024
Trump Promises to Strike Down Taxes on Tips
Donald Trump has made an exciting promise that is sure to pique the interest of casino and hospitality workers. At his latest rally, the former president promised to eliminate taxes on tips. As things stand now, the IRS takes a cut from all tips provided to workers. Since tips are a lifeline for many people […]

Industry
June 10, 2024
GambleAware Calls for More Impactful Warnings about Problem Gambling in Ads
To help prevent gambling harm during the busy month of soccer sports betting ahead, GambleAware, a UK charity, is calling for more impactful messaging used in gambling ads to set the dangers tied to the activity in relief and help galvanize action on the part of consumers. Don’t “Think” – Gambling Comes at a Cost […]
