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Industry
May 24, 2024
NGCB Rejects Sports-Betting Ticket Resale Business
Nearly a decade ago, in 2015, PropSwap, a Las Vegas-based company with the idea of reselling sports bets, pitched its proposal to the Nevada Gaming Control Board (NGCB). Although it wasn’t clear whether reselling sports bet tickets was legal in the state, nor a license was secured for such activity, a year later, the company […]
Industry
May 23, 2024
Dutch Study: Offshore Operators Allow Minors to Gamble
The Dutch arm of Quality Mark for Responsible Affiliates – Keurmerk Verantwoorde Affiliates (KVA) – has published a new study that shows how easy it is for minors to gamble with unlicensed companies. While legal operators can only offer gambling to players over 18, their illegal counterparts often allow customers to open accounts and deposit […]
Industry
May 23, 2024
LVS Head Supports Dade Phelan Ahead of May Runoffs
Texas House Speaker Dade Phelan has secured financial backing from a variety of businesses, including the head of the casino juggernaut Las Vegas Sands. This money comes at just the right time as far-right competitors seek to remove moderates from the party. As the runoffs draw near, Phelan’s campaign secured significant backing from Miriam Adelson, […]
Industry
May 23, 2024
July Election Announced by PM Sunak Delays Gambling Reform
On May 22, the UK’s Prime Minister, Rishi Sunak, made a surprise announcement regarding an unexpected election scheduled for July 4. The news came at a time when the UK was fully involved in the implementation of several gambling reforms featured in the April 2023 white paper, triggering several questions regarding the future of the […]
Industry
May 23, 2024
ASA Reports Decreasing Exposure to Gambling Ads in Minors
Every two years, the UK’s independent advertising regulator, the Advertising Standards Authority (ASA), publishes a report regarding children’s exposure to TV ads. The authority has recently made its latest report for 2024 public, and the numbers are looking good. Kids’ Exposure to TV Gambling Ads on a Decreasing Trend The idea of the report came […]
Industry
May 23, 2024
Poland: STS Pursues Appeal over Ministry of Finance AML Fine
In a deal dating back to last summer, the leading gaming and entertainment group, Entain, announced the acquisition of STS, a leading bookmaker in Poland. The acquisition, valued at £750 million ($955.6 million), took STS private, although the company was previously traded on the Warsaw Stock Exchange. In January 2022, STS received a fine by […]
Industry
May 23, 2024
PAGCOR Shuts Jade Sportsbet Down Over Unpaid Fees
Jade Entertainment and Gaming Technologies, a Philippines-based gaming and betting operator, has been forced to shut down the operations of its sports betting brand. This development was the result of Jade Sportsbet missing the deadline to pay its mandatory fees. Inside Asian Gaming (IAG) reported that the Philippine Amusement and Gaming Corporation (PAGCOR), a body […]
Industry
May 23, 2024
Star’s Suitability for Sydney Casino License in Doubt
One of the largest gambling and entertainment operators in Australia, Star Entertainment, remains subject to regulatory scrutiny, amid the ongoing second investigation in New South Wales (NSW) into its operations. The inquiry is led by Adam Bell SC and seeks to determine whether the operator is suitable to hold a license for its Sydney casino. […]
Industry
May 23, 2024
Parx CEO: Skill Games Are Cannibalizing PA Slots Revenue
Parx Casino’s chief executive, Eric Hausler, has commented on the controversial skill games, alleging that the vertical’s existence is cannibalizing casino revenue in Pennsylvania. Skill machines have firmly cemented their position in the state and are enjoyed by many players. Skill games continue to be hotly debated by industry experts as their proponents seek regulation. […]
Industry
May 23, 2024
Brazil Publishes Licensing Requirements for Gambling Operators
On 21 May 2024, Brazil’s Ministry of Finance’s Secretariat of Prizes and Betting published Ordinance SPA/MF nº 827, establishing the regulatory framework for gambling operator licensing. This Ordinance lays out the general rules for the authorization procedure, including the required documentation and applicable deadlines, marking another vital step toward the long-expected launch of the country’s […]
