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Industry
September 17, 2024
ANJL Answers Claims Bettors Sacrifice Household Expenses to Play
At the start of the week, we reported the president of the Brazilian Federation of Banks, Isaac Sidney, asked the government to speed up the ban on using credit cards to place online bets, reiterating the growing concerns regarding problem gambling in the country. On the same day, the country’s betting trade body, the National […]
Industry
September 17, 2024
Carer Steals from Victim to Fuel Gambling Addiction, Goes to Prison
Gambling addiction can push many people into different unlawful actions. From scams, fraud or theft, in some cases, violent crimes are not excluded, including robberies and murder. In one recent criminal case, a carer who gained power of attorney over an elderly man abused her responsibility, stealing more than £100,000 ($132,000). The case involved a […]
Industry
September 17, 2024
Sky Betting and Gaming Reprimanded by ICO over User Data Sharing
In the digital world, advertising is everywhere. From TV to social media and even smartphone apps, ads can be found almost everywhere. To target specific customers, companies often sell customer data as a way to reach different audiences. While that’s not unusual in some cases, when it comes to gambling, such ads can have a […]
Industry
September 17, 2024
Weak Sports Betting Offsets New Jersey’s Strong Casino & iGaming Results in August
The New Jersey Division of Gaming Enforcement published its latest gaming revenue report, outlining the performance of the state’s gambling industry in August. The New Jersey industry’s metrics continued to grow as most verticals posted strong results. Sports betting, on the contrary, experienced a sharp decline. The Overall Revenue Increased Slightly The local casinos, racetracks […]
Industry
September 17, 2024
Spike of Calls Reported by West Virginia Gambling Helpline
West Virginia was among the states that legalized and launched sports betting back in 2018. The launch of legal betting was the same year PASPA was struck down by the US Supreme Court, greenlighting the expansion of the activity across the country. Since 2018, more than half of the US states have legalized and launched […]
Industry
September 17, 2024
Illinois Gaming Board Implements New Advertising Regulations
The Illinois Gaming Board (IGB) put new advertising and marketing rules into action for sports betting, casino games, and video gaming at its September 12, 2024 meeting. These fresh guidelines are part of the IGB’s ongoing work to promote responsible gambling and to keep a closer eye on gaming growth across the state. IGB’s Updated […]
Industry
September 17, 2024
MLBPA Sues DraftKings, FanDuel, and Others Over Image Rights Violations
The Major League Baseball Players Association (MLBPA) has taken legal action against big names in sports betting, including DraftKings, FanDuel, Bet365, and Underdog Fantasy. The MLBPA claims these companies have used player names and images without permission. MLBPA Accuses Sports Betting Giants of Exploiting Player Images Without Licensing Agreements On September 16, 2024, the MLBPA […]
Industry
September 16, 2024
JMP Is Optimistic about Flutter’s Stake in Betnacional
JMP Securities analysts are optimistic about Flutter’s recent acquisition of a 56% stake in NSX Group, arguing that it would allow the latter company to drive strong synergies in Brazil. Flutter’s Brazil Bid Is In Line with the Company’s Strategy According to a NEXT.io report, JMP Securities believes that Brazil’s large population and ongoing sports […]
Industry
September 16, 2024
Study Finds Gambling Is Seen as Normal in Sports by Irish Children
Over the last decade, gambling companies and professional sports teams have created strong ties that only intensified with the growing popularity of wagering. New markets attracted audiences, including across the United States where close to 40 states offer some form of legal betting. Across the ocean, in Great Britain, betting is also popular with thousands […]
Industry
September 16, 2024
Brazilian Banks Call for Accelerated Ban on Credit Card Betting
Brazilian Federation of Banks president Isaac Sidney demanded that the government accelerate the ban on using credit cards to pay for online bets. He underscored growing concerns over problem gambling and increasing defaults in the coming months as the country awaits the full implementation of gambling regulations set to take effect in January 2024. The […]
