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Industry
May 17, 2024
Congresswoman Titus Wants Federal Excise Tax Revoked
Congresswoman Dina Titus expressed her support for repealing the current federal excise tax on sports betting at the SBC Summit North America last week. The fifth edition of the leading conference and tradeshow dedicated to the online betting and gaming industry in North America was held in New Jersey, one of the largest sports betting […]
Industry
May 17, 2024
Maryland Buys Pimlico Race Course, Sets Out to Renovate the Track
The state of Maryland has agreed to purchase the historic Pimlico Race Course in a $1 deal. As the home of the Preakness Stakes, the Baltimore race track is of crucial importance to the Triple Crown, one of the most highly-anticipated events in the American racing calendar. According to the arrangement, Maryland will run the […]
Industry
May 17, 2024
Prophet Exchange to Exit New Jersey in May
One of New Jersey’s sportsbook exchanges, Prophet Exchange, is set to cease its operations in the state. According to the announcement, the exchange will officially close on May 28. For context, Prophet Exchange originally launched in New Jersey in August 2022. Prophet was notably the state’s first provider of exchange betting, a form of betting […]
Industry
May 17, 2024
Massachusetts Gaming Commission to Research iGaming & AI
The Massachusetts Gaming Commission wants to explore the ways in which technology and artificial intelligence can change the gambling industry’s future. The regulator is seeking bids for research into the matter. The MGC’s Gaming Policy Advisory Council just filed two research priorities that highlight certain concerns for the industry’s future in Massachusetts. One of the […]
Industry
May 17, 2024
IAC Chairman Barry Diller Secures Full Nevada Gaming License
Late last month, the Nevada Gaming Control Board (NGCB), recommended Barry Diller, the media mogul with an estimated net worth of approximately $4.1 billion according to Forbes, to receive an unlimited gaming license as a board member of the leading gaming and hospitality company, MGM Resorts International. Now, the Nevada Gaming Commission (NGC) approved the […]
Industry
May 17, 2024
Trustly Enhances US Gaming License Process with OneComply Integration
Trustly, a prominent player in Open Banking Payments, has recently signed a strategic partnership with OneComply, a division of GeoComply. The collaboration aims to optimize Trustly’s gaming license procedures in the US market by introducing an automated and centralized solution, which will simplify the complex licensing process. OneComply’s Solution Eases Regulatory Burdens for Operators OneComply’s […]
Industry
May 17, 2024
Man Wanted for Extortion in Stolen $3M Lottery Ticket Case
Police in Massachusetts are now searching for a man, suspected of being involved in a lottery fraud case. The incident involves a couple of convenience store workers and dates back to January last year. On January 17, 2023, a visitor of the convenience store purchased lottery tickets and potato chips. However, upon leaving the venue, […]
Industry
May 16, 2024
BGC Welcomes DCMS’ Proposed Casino Modernization Measures
Britain’s Betting and Gaming Council (BGC) commented on the recent casino modernization proposals by the Department for Culture, Media and Sport (DCMS), praising the efforts to align the UK casino regulations with the modern age. For context, the DCMS outlined a number of “modest but mission-critical” modernization measures in its white paper consultation response. The […]
Industry
May 16, 2024
AGA: Q1 2024 Was the Industry’s 13th Consecutive Quarter of Growth
The American Gaming Association has published its latest Commercial Gaming Revenue Tracker report, highlighting the performance of the US industry. The commercial gaming revenue in the US continued to gain traction, reaching a new quarterly record of $17.67 billion in Q1 2024. This period was notably the industry’s 13th consecutive quarter of growth. The AGA […]
Industry
May 16, 2024
DCMS Official Discusses the Fight Against Gambling Black Market
In a recent address at the Westminster Media Forum, Ben Dean, director for Sport and Gambling at the Department of Culture, Media and Sport (DCMS), highlighted the persistent challenges in combating the black market for gambling. He likened the efforts to a game of “whack-a-mole,” emphasizing the difficulty of keeping up with unlicensed companies that […]
